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Major Market Shift in Window Automation Industry: Innovative Smart Window Driving Market Growth
Window Automation Market Size
The market size for window automation has been on a continuous growth trajectory in the last few years. There is a projection for the market to increase from $5.25 billion in 2024 to $5.5 billion in 2025, representing a compound annual growth rate (CAGR) of 4.7%. Several factors have propelled this growth in the historic period, such as a rising understanding of energy efficiency and sustainability, escalating usage of smart home and building automation systems, legislative directives for safety and accessibility specifications, and the desire for improved comfort and ease in buildings.
In the coming years, a consistent growth is being anticipated in the window automation market, reaching up to $6.54 billion with a compound annual growth rate of 4.4% by 2029. This expected surge during the forecast period can be credited to the expansion of the construction sector in burgeoning economies, heightened emphasis on building occupant health and wellbeing, integration of window automation systems with cloud technology and Internet of Things, a pivot towards sustainability through adherence to green building certifications and standards, and the proliferation of wireless protocols ensuring fluid connectivity. Within the forecast period, the significant trends are projected to be an increase in predictive maintenance and data-optimized modifications, the advent of adaptable and modifiable window automation solutions, the escalation of subscription-based systems for window automation services, greater application of artificial intelligence and machine learning in advanced control algorithms, and a transition towards fully adapted and independent window systems.
What Factors Are Propelling the Expansion of the Window Automation Market?
The surge in the usage of internet-connected smart home devices, designed to boost convenience, security, comfort, and energy efficiency within homes, is anticipated to drive window automation's expansion in the future. The rise in demand for smart homes, owing to their personalized facilities for safety, comfort, and remote monitoring, is also contributing to this growth. These devices and homes offer the necessary connectivity and control, augmenting the functionality and efficiency of automated window systems. For example, a Secure Data Recovery research study in November 2023 revealed that the uptake of smart home technology among Americans markedly increased, with the proportion of households using this technology escalating from 6.9% to a substantial 22.3% in 2023. States like Connecticut, Utah, and Maryland are pioneers in adopting smart home technology, with 28.2%, 27.8%, and 27.6% of their populations respectively, utilizing smart technology. Consequently, the escalating usage of smart devices and homes propels the window automation market.
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Which Businesses Are at the Forefront of Window Automation Market Development?
Major companies operating in the window automation market are LIXIL Group, ASSA ABLOY, Legrand, The Jeld-Wen Company, Andersen Corporation, Velux Group, Allegion Plc, dormakaba Group, Nabtesco Corporation, Pella Corporation, Ply Gem Windows, Somfy, Marvin Windows and Doors, Deceuninck NV, Milgard Windows & Doors, Nordic Semiconductor, GEZE GmbH, MI Windows and Doors, CR Laurence, Simonton Windows, STANLEY Access Technologies, Loewen Windows, Sunrise Windows & Doors, GU Group, YKK AP America Inc.
What Are the Latest Innovations in the Window Automation Market?
Leading businesses in the window automation market are concentrating on innovating advanced solutions like automated awnings and casement windows. Their aim is to leverage smart home platforms for enhancing user experience and gaining a competitive edge. These automated window systems are built to provide homeowners with improved comfort and energy efficiency by enabling automatic control, which adjusts to outdoor factors like temperature and humidity. For instance, in February 2024, the US-based home products company Marvin introduced it's Marvin Connected Home range. This included smart windows, doors, and skylights, which effortlessly link with automation systems such as Crestron and Control4. Homeowners can operate their windows and doors using the Marvin app, Amazon Alexa, or direct buttons, allowing versatile control over air, light, and views. Critical features of this line include adaptability to outdoor conditions, customizable schedules, in-built rainfall sensors for automatic shutting, and the feature to lock and unlock doors through the application. This novelty strives to enrich convenience and control in today's smart home settings.
How Is the Window Automation Market Segmented?
The window automation market covered in this report is segmented -
1) By Type: Electrical, Mechanical, Hybrid
2) By Control Systems: Fully Automatic, Push And Go, Power Assist, Low Energy
3) By Application: Residential, Commercial, Industrial
Subsegments:
1) By Electrical: Motorized Window Systems, Smart Window Controls, Automated Blinds And Shades
2) By Mechanical: Manual Window Operators, Chain And Gear Systems, Pneumatic Window Actuators
3) By Hybrid: Combination Electrical-Mechanical Systems, Smart Mechanical Solutions, Integrated Automation Systems
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Where Is the Window Automation Market Growth Most Prominent?
Asia-Pacific was the largest region in the window automation market in 2024. The regions covered in the window automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Window Automation Global Market Report?
- Market Size Analysis: Analyze the Window Automation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Window Automation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Window Automation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Window Automation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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