Access Control Systems Segment has the Largest Share of Component in the South and Central America door and window automation Market during 2020–2028 

According to a new market research study on “South and Central America Door and Window Automation Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Product Type, End User and Country” is expected to reach US$ 1,524.76 million, by 2028, by 2028 from US$ 1,204.32 million in 2021. The market is estimated to grow at a CAGR of 3.4% from 2021 to 2028. The report provides trends prevailing in the South and Central America door and window automation market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to increase in benefits offered by automatic door sensors and rise in demand from end-use industries are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period high installation and maintenance cost.

Brazil has reported the highest number of COVID-19 cases in South and Central America, followed by Ecuador, Chile, Peru, and Argentina, among others. Most of the commercial and industrial operations in the region were shut down to prevent the spread of the disease. Lockdowns imposed in cities have compelled most production plant operators to suspend their operation indefinitely, which has led to the discontinuation in the demand for mechanical and electronic parts during Q2 and Q3 of 2020. Therefore, during that period, the door and window automation market witnessed decline in revenues, however, by the end of 2020, the market observed marginal positive growth as several end user industries purchased substantial volumes of automated doors and windows to continue their business operations.

The market for South and Central America is segmented into the component, product type and end user. Based on component, the South and Central America door and window automation market is segmented into access control systems, control panels, sensors and detectors, motors and actuators, and others. In 2021, the sensor and detectors segment accounted for a larger revenue share during the forecast period. However, the access control systems segment is estimated to register the highest CAGR during the forecast period. Access control or video intercom system can also identify when automatic doors should open.

ABB; Assa Abloy AB; Came S.p.A.; Honeywell International Inc; Schneider Electric SE; and Siemens AG. Among the leading companies in the South and Central America door and window automation market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The market for South and Central America door and window automation market is segmented into component, product type, end user. Based on component, the South and Central America door and window automation market is segmented into access control systems, control panels, sensors and detectors, motors and actuators, and others. Based on product type, the South and Central America door and window automation market is segmented into windows, industrial doors, and pedestrian doors .Based on end user, the South and Central America door and window automation market is segmented into residential, commercial, and industrial. By Geographically, South and Central America door and window automation market is segmented into (Brazil, Argentina and Rest of South and Central America).

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