ICT & Electronics Global Door Controller Market (2016-2024)- Researc | Page 9
Middle East and North Africa (GCC, North Africa, South Africa and
Rest of Middle East) Market Size and Y-O-Y Growth Analysis
Growth Drivers & Challenges
High disposable income of the consumers is a major factor driving the
global door controller market. Apart from this, consumer’s inclination
towards luxurious lifestyle is a major growth driver of the global door
controller market. Moreover, rising theft activities across the globe is
also a major factor which is expected to escalate the demand for door
controllers in near future.
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Enhancement of existing infrastructure and increasing construction
activities in almost all developed economies are some of the major
growth drivers anticipated to foster the demand for door controllers
across the globe. Over the past few years, it has been observed that the
emerged regions such as America and Europe are witnessing rise in
adoption of automation products. This factor is another major element
driving the growth of global door controller market. Additionally,
various features of door controllers such as convenience and safety are
driving the growth of global door controller market.
However, high installation cost of door controllers is hindering the
growth of global door controller market. Apart from this, high
maintenance & repair cost of door controllers is another challenge
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