Global Window Sensors Market 2021 (Includes Business Impact of COVID-19)

  • TBI205500
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Window Sensors Market 2021 (Includes Business Impact of COVID-19)

Global Window Sensors Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global window sensors market report has been segmented on the basis of type, application, and region. Request Covid - 19 Impact The global Window Sensors market size was valued at USD$8.50 billion in 2020 and is projected to reach UDS$17.93 billion by 2030, and is anticipated to expand at a CAGR of 7.30% over the forecast period from 2020 to 2030.

Global Window Sensors Market: Overview

Window sensors are essential components of an automated security system which is widely used among commercial and residential sector for security purpose. These sensors are miniature devices that can be mounted to windows and notifies the individual with an alarm or ring when the window opens. Many of these sensors comprising of wireless technology and placed by using a specific adhesive or magnet which keeps them attached or connected with windows.

Global Window Sensors Market: Dynamics

Increasing incidents of security breaches, as well as threats and growing awareness regarding the adoption of home security system across the globe, are major factors expected to drive growth of the global market. In addition, rapid evolutions in the IoT industry and technological advancements in security devices are some factors projected to propel the target market growth. Moreover, increasing adoption of smart devices such as window sensor, door sensors, etc., in order to secure households coupled with increased disposable income, are some additional factors anticipated to support revenue growth of the global market. Furthermore, increasing utilization of window sensors in commercial spaces and growing spending of property owners on security systems are some of the key factors expected to fuel the demand for these sensors, which in turn, propel the global market growth over the forecast period. However, the high cost for installation of security systems is one of the major factor expected to hamper growth of the global market. In addition, the high cost of these sensors is another factor anticipated to challenge the target market growth over the forecast period. Integration of artificial intelligence (AI) in modern security systems and increasing adoption of wireless technology in order to remotely manage the security system are some of the key trend observed in the target market

Global Window Sensors Market: Segmental Analysis

Among the type segments, the outdoor segment is expected to register significant growth over the forecast period. Among the application segments, the residential segment is projected to contribute significant revenue shares of the global market. This can be attributed to increasing awareness regarding household security systems.

Global Window Sensors Market: Regional Analysis

North America market for window sensors is expected to register significant growth, owing to the quick adoption of the latest technologies. Moreover, growing demand for window sensors as an important part of automation of the household security system coupled with the busy schedule of working population which spends their maximum time outside the home. This is a factor projected to fuel the demand for these sensors which in turn propel the target market growth. High disposable income and willingness to pay more for technologically advanced security systems along with the strong presence of tech-savvy population are some additional factors anticipated to fuel the demand for security devices, which in turn, expected to support revenue growth of the target market in the region.

Below are the active patents related to Window Sensors Market.

Patent Number: US8098156B2 Security system with activity pattern recognition Abstract A security system and method of operation thereof stores information related to a plurality of detected events and determines an activity pattern based on the stored information. The system and method then determines a type of alarm, if any, to issue in response to a detected trigger event based at least in part on the determined activity pattern. Application File Date: 2008-08-25 Application Granted Date: 2012-01-17 Current Assignee: Robert Bosch GmbH Bosch Security Systems Inc Patent Number: US20110109424A1 Wireless sensor Abstract Systems and methods for wirelessly detecting area changes are provided. Predetermined thresholds may be stored in memory. Each predetermined threshold is associated with a time of day, calendar day, and/or activity. The sensor may detect a change in the in the targeted area. The detected change is evaluated to determine an applicable threshold. Then it may be determined whether the detected change meets a predetermined threshold. If so, information regarding the change is wirelessly transmitted to an associated controller that controls light in the targeted area. The operation of the light may be controlled based on the wirelessly transmitted information. Application File Date: 2010-11-05 Application Granted Date: 2014-10-07 Current Assignee: ABL IP Holding LLC Patent Number: US20080157964A1 Wireless door contact sensor with motion sensor disable Abstract A system and method for securing a structure, such as a residence or other building, against intrusion, while reducing generation of false alarms when an occupant of the structure inadvertently trips a contact detector by opening an entry point (door, window, etc.) is provided. The contact detector is coupled with a motion detector that is directed to monitor motion within the structure at a location proximate to the entry point being monitored by the contact detector. Generally, when the contact detector detects that the entry point is being opened, a fault is issued to a control panel, which in turn generates an alarm. However, if motion is detected within the structure and proximate to the entry point prior to the contact detector registering an opening of the entry point, no fault is generated. Application File Date: 2007-05-04 Application Granted Date: 2011-03-29 Current Assignee: Ademco Inc Patent Number: US20110043630A1 Image Processing Sensor Systems Abstract An image processing sensor system functions as a standalone unit to capture images and process the resulting signals to detect objects or events of interest. The processing significantly improves selectivity and specificity of detection objects and events in a series of motions that may precede a patient who is at elevated risk of falling. Application File Date: 2010-10-29 Application Granted Date: 2016-03-08 Current Assignee: TKO Enterprises Inc

Global Window Sensors Market Segmentation:

Segmentation by Type:
  • Indoor
  • Outdoor
Segmentation by Application:
  • Residential
  • Non-residential

Key Market Players included in the report:

  • Eve Systems
  • General Electric
  • Honeywell InternationalInc.
  • Hotron Ltd.
  • iSmart Alarm Inc.
  • MS Sedco
  • Optex Group co.Ltd.
  • Panasonic Corporation
  • Pepperl+Fuchs GmbH
  • SABRE - Security Equipment Corp.
  • SAMSUNG
  • Samsung Electronics Co.Ltd.
  • SecurityMan Inc.
  • Teklink Security Inc.
  • Telco Sensors
  • United technologies Corporation

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Window Sensors Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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