Window Automation Market to grow at over 6% CAGR from 2018 to 2024
Increasing technological advancements, such as IoT, are increasing the demand for these systems in smart homes. The manufacturers are developing systems that can be integrated with other household smart devices such as lighting, thermostat, and air conditioners. This integration enhances user convenience and aesthetic appeal to the customers, accelerating the window automation market growth.
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Electric window automation market is projected to grow rapidly, particularly in the applications where manual operations are not feasible. Growing trend of integration of the technologies, such as Wi-Fi and Bluetooth, into these systems to ease communication using handheld devices including smartphones and tablets will accelerate the industry growth. The reducing costs of electronic and electrical components will have a positive impact on the window automation market growth.
Residential window automation market will gain momentum as households are increasingly using the technology to leverage the natural light and heat to the maximum. According to the U.S. Energy Information Administration, in 2015, about 36% of U.S. households depended on the electricity for heating and maintaining indoor temperature. Automated windows allow customers to use natural ventilation to maintain the indoor temperature, allowing the households to reduce energy consumption and reduce the dependence on electric appliances.
Commercial window automation market is witnessing a rapid growth due to the increasing adoption in the retail, hospitality, and public transit sectors. High aesthetic appeal and ease-of-operation of these systems are driving the adoption of these systems in applications such as airports and hotels. Growing focus on smart infrastructure on airports and increasing concerns regarding safety against fire & smoke are compelling the airport authorities to implement these systems.
The MEA window automation market is projected to witness a significant growth over the forecast timespan due to the flourishing hospitality sector and increasing spending on infrastructure. The region is characterized by a rapidly developing hospitality sector due to a large number of tourists visiting the countries. The hospitality companies are increasingly implementing these systems to provide ease of operation to the guests and differentiate the offerings. Hotels in Saudi Arabia and Dubai are increasing the adoption of advanced building automation solutions, thus propelling the industry growth.
Some of the major players in the window automation market include D+H Mechatronic GmbH, Breezway, Automated Door Systems, Colt International Pty., Ltd., Honeywell International, Inc., SE Controls, and Safetyline Jalousie. Companies are developing application-specific products to expand their customer base. For instance, Safetyline Jalousie manufactures automated windows and door systems for the temporary and permanent classrooms that are architecturally-designed modular buildings.
Browse key industry insights spread across 300 pages with 383 market data tables & 77 figures & charts from the report, “Window Automation Market Size By Product (Electric, Mechanical, Hybrid), By Component (Sensors & Detectors, Motors & Actuators, Control Panels, Switches, Accessories), By Application (Residential, Commercial [Retail, Airports, Education, Healthcare, Hospitality, Public Transit Systems], Industrial), By End-Use (Façade Builders, Profile Houses, Window Manufacturers, Contractors), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, Switzerland, Norway, Denmark, Russia, China, Japan, South Korea, India, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
Chapter 4 Window Automation Market, By Product
4.1 Key trends by product
4.2.1 Market estimates and forecast, 2013-2024
4.2.2 Market estimates and forecast, by region, 2013-2024
4.3.1 Market estimates and forecast, 2013-2024
4.3.2 Market estimates and forecast, by region, 2013-2024
4.4.1 Market estimates and forecast, 2013-2024
4.4.2 Market estimates and forecast, by region, 2013-2024
Chapter 5 Window Automation Market, By Component
5.1 Key trends by component
5.2 Sensors & detectors
5.2.1 Market estimates and forecast, 2013-2024
5.2.2 Market estimates and forecast, by region, 2013-2024
5.3 Motors & actuators
5.3.1 Market estimates and forecast, 2013-2024
5.3.2 Market estimates and forecast, by region, 2013-2024
5.4 Control panels
5.4.1 Market estimates and forecast, 2013-2024
5.4.2 Market estimates and forecast, by region, 2013-2024
5.5.1 Market estimates and forecast, 2013-2024
5.5.2 Market estimates and forecast, by region, 2013-2024
5.6.1 Market estimates and forecast, 2013-2024
5.6.2 Market estimates and forecast, by region, 2013-2024
Browse Full TOC @ https://www.gminsights.com/toc/detail/window-automation-market
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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