Window Sensors Market to Reach $15.39 Bn, Globally, by 2025 at 9.3% CAGR: Allied Market Research
Comunicato Precedente
Comunicato Successivo
Increase in implementation of internet of things (IoT) and wireless technologies in home security systems and surge in security threats and breaches drive the growth of the market. On the other hand, high cost of installation hinders the growth of the industry. Nevertheless, adoption of artificial intelligence (AI) and deep learning in home security systems along with rise in number of smart city initiatives create new pathways in the industry.
For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/3310
Indoor segment to maintain its leadership status throughout the forecast period
Based on type, the indoor segment contributed to the major market share in 2017, with more than two-thirds of the total market and is estimated to maintain its leadership status throughout the forecast period. This is due to upsurge in rate of burglaries and incidents of security breaches. On the other hand, the outdoor segment would register the highest CAGR of 10.8% from 2018 to 2025, owing to rise in implementation of home security systems.
Household application to dominate in terms of revenue by 2025
The household application segment accounted for nearly three-fifths of the total market share in 2017 and will maintain its dominance by 2025. This is due to increase in installation of home security systems that reduces the rate of burglary. However, the commercial segment is estimated to grow at the highest CAGR of 9.9% from 2018 to 2025, owing to initiatives for smart cities taken by governments from various countries.
To Explore More, Download Sample Report https://www.alliedmarketresearch.com/request-sample/3310
North America to contribute its lion's share by 2025
North America held the major market share, accounting for more than two-fifths of the total market share in 2017 and will continue to contribute its lion's share by 2025. This is due to rise in implementation of smart technologies such as AI and IoT leading to adoption of window sensors. LAMEA would register the highest growth rate, with a CAGR of 12.0% from 2018 to 2025, owing to surge in awareness regarding home security among consumers.
Frontrunners of the industry
Key market players analyzed in the research include Honeywell International, Inc., Pepperl+Fuchs GmbH, Optex Group Co., Ltd., SecurityMan Inc., Panasonic Corporation, Eve Systems, iSmart Alarm, Inc., SABRE - Security Equipment Corp., Samsung Electronics Co., Ltd., and United technologies Corporation. They have adopted different strategies including mergers & acquisitions, collaborations, new product launches, partnerships, and others to gain stronghold in the industry.
![Window Sensors Market to Reach $15.39 Bn, Globally, by 2025 at 9.3% CAGR: Allied Market Research](https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg)
Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at:https://www.alliedmarketresearch.com/knowledgetree
Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.
Similar Reports:
Automotive Wheel Speed Sensor Market is Expected to Reach $8,475.4 Million by 2025
Global Sensor Market Projected to Reach $287,002.0 Million by 2025
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Logo - https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
![](https://rt.prnewswire.com/rt.gif?NewsItemId=EN63996&Transmission_Id=201905270830PR_NEWS_EURO_ND__EN63996&DateId=20190527)