Overview and Scope
A window sensor is a sensor that keeps track of the temperature and recognizes when windows and doors open and close. The window sensor is used for access control, home security, automatic lighting, and home care solutions.
Sizing and Forecast
The window sensors market size has grown rapidly in recent years. It will grow from $11.75 billion in 2023 to $12.96 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to home security concerns, rise in smart home technology, crime rates and burglary incidents, increased connectivity and iot adoption, home insurance premiums.
The window sensors market size is expected to see strong growth in the next few years. It will grow to $18.42 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to enhanced integration with smart home ecosystems, ai and machine learning integration, rise in diy home security systems, expansion in home automation, advancements in sensor battery life. Major trends in the forecast period include advancements in sensor technology, dual-technology sensors, integration with voice assistants, machine vision sensors, solar-powered sensor technology.
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Segmentation & Regional Insights
The window sensors market covered in this report is segmented –
1) By Type: Wired Window Sensors, Wireless Window Sensors
2) By Distribution Channel: Online, Offline
3) By Application: Commercial, Household
North America was the largest region in the window sensors market in 2023. The regions covered in the window sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Rising cases of security breaches are expected to propel the growth of the window sensor market going forward. A security breach is a break-in when someone breaks a window and enters the house. The window sensor transmits a signal to the main control panel, activating an alarm if a door or window is opened or a security breach occurs while the alarm is activated. For instance, in June 2023, according to The State of Safety in America 2023 report published by SafeWise, a US-based company specializing in the home security and safety industry, property crime constituted more than 85% of the total reported crimes in the United States as of 2021. Specifically, burglary incidents reached 619,811 in 2021. Therefore, rising cases of security breaches are driving the growth of the window sensor market.
Key Industry Players
Major companies operating in the window sensors market report are Samsung Electronics Co. Ltd., Siemens AG, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., ADT Inc., Bosch Security Systems Inc., Vivint Smart Home Inc, Pepperl+Fuchs SE, D-Link Corporation, Aqara, Fibaro Group S.A., Swann Communications Pty. Ltd., Ring LLC, SimpliSafe Inc., Frontpoint Security Solutions LLC, SABRE – Security Equipment Corp., Ecolink Intelligent Technology Inc., Inovonics Corporation, Mace Security Alarms Inc., ELK Products Inc., Nyce Sensors Inc., ION Digital LLP, SecurityMan Inc., Eve Systems GmbH, Doberman Security Solutions Private Limited, Aeotec Limited, iSmart Alarm Inc., Scout Alarm Inc., Abode Systems Inc.
The window sensors market report table of contents includes:
1. Executive Summary
2. Window Sensors Market Characteristics
3. Window Sensors Market Trends And Strategies
4. Window Sensors Market – Macro Economic Scenario
5. Global Window Sensors Market Size and Growth
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31. Global Window Sensors Market Competitive Benchmarking
32. Global Window Sensors Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Fat Replacers Market
34. Window Sensors Market Future Outlook and Potential Analysis
35. Appendix
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