PUBLISHER: The Business Research Company | PRODUCT CODE: 1428070
PUBLISHER: The Business Research Company | PRODUCT CODE: 1428070
A window sensor is a device designed to monitor temperature and detect the opening and closing of windows and doors. This sensor finds applications in access control, home security, automatic lighting, and home care solutions.
The two primary types of window sensors are wired and wireless. Wired window sensors utilize connecting cables to transmit data directly to the alarm control panel. These sensors are available through both online and offline channels for use in both commercial and household applications.
The window sensors research report is one of a series of new reports from The Business Research Company that provides window sensors market statistics, including the window sensors industry's global market size, regional shares, competitors with window sensors market share, detailed window sensors market segments, market trends and opportunities, and any further data you may need to thrive in the window sensors industry. This window sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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 observed in the historical period can be attributed to concerns related to home security, the increased adoption of smart home technology, rates of crime and burglary incidents, the growing prevalence of connectivity, and the adoption of Internet of Things (IoT) devices, as well as the impact on 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 anticipated growth in the forecast period can be attributed to improved integration with smart home ecosystems, the integration of artificial intelligence and machine learning, an increase in do-it-yourself (DIY) home security systems, the expansion of home automation, and advancements in sensor battery life. Major trends expected in the forecast period include progress in sensor technology, the incorporation of dual-technology sensors, integration with voice assistants, the implementation of machine vision sensors, and the development of solar-powered sensor technology.
The window sensor market is expected to experience growth due to the increasing occurrences of security breaches. A security breach refers to unauthorized entry through a window, triggering the window sensor to send a signal to the main control panel, activating an alarm. For instance, as reported in the June 2023 edition of The State of Safety in America, published by SafeWise, property crime accounted for over 85% of total reported crimes in the United States in 2021, with burglary incidents reaching 619,811. Consequently, the rising incidents of security breaches are a key driver for the growth of the window sensor market.
The expansion of the construction industry is anticipated to contribute to the growth of the window sensor market. The construction industry involves the planning, design, and execution of various structures and infrastructure projects. Incorporating modern security systems, including window sensors, into new constructions enhances overall safety measures by alerting workers to open windows in potentially hazardous areas, thereby minimizing the risk of accidents. For example, according to a report from the UK's Office for National Statistics in February 2022, the annual construction sector rose by a record 12.7% in 2021 compared to the previous year. This growth, driven by an increase in new work and repair and maintenance, is a key factor propelling the window sensor market.
The integration of advanced technologies is a prominent trend in the window sensor market, with major companies developing innovative solutions to maintain their market position. In November 2022, OPTEX, a Japanese sensor manufacturing company, introduced the Grade 3 FlipX advanced sensor series, designed for high-security applications in indoor settings. These sensors feature a unique lens that can be flipped to enable both wide and narrow detection in a single sensor. Additionally, they incorporate a specially designed pyroelectric sensor for improved human body detection and clever IR-Antimasking to enhance protection. Such advancements highlight the trend of incorporating sophisticated technologies to enhance security measures.
Major companies in the window sensor market are also leveraging advanced technologies such as smart sensors to cater to broader customer bases and increase revenue. Smart sensors are sophisticated electronic devices equipped with sensing capabilities, processing power, and communication technology to collect, process, and transmit data. In August 2023, Signify N.V., a Netherlands-based lighting company, launched the Philips Hue Secure contact sensor. This contact sensor, available in black or white, is designed for doors, windows, cabinets, and more, providing real-time notifications upon opening or closing. Its unique capabilities enable programming for various scenarios, such as activating hallway lights and sending notifications in response to contact sensor events, adding an automation layer to home security.
In February 2022, Newell Brands Inc., a US-based consumer and commercial products manufacturer, sold its Connected Home & Security Business to Resideo Technologies Inc., a US-based control and security systems company. This strategic move allows Newell Brands to focus more on categories with significant value creation opportunities through core capabilities. The Connected Home & Security Business of Newell Brands produces home safety products and sensors distributed through retail and commercial channels.
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.
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.
The countries covered in the window sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The window sensors market consists of sales of contact sensors, glass break sensors, and motion sensors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Window Sensors Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on window sensors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for window sensors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The window sensors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.