Press release
Window Automation Market to hit $7.5bn by 2024
The research 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, 2016 – 2024”, by Global Market Insights, Inc. says Window Automation Market size is set to surpass USD 7.5 billion; impelled by increased spending on infrastructure development.Increasing adoption of automated ventilation systems in commercial offices, industries and households will drive the window automation market share from 2016 to 2024. New commercial and residential constructions are incorporating these products to make more energy efficient buildings and reduce energy consumption costs.
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Growing automation demand for user comfort & convenience, optimized energy consumption, and reduction in CO2 emissions will support the industry growth over the forecast timeline. Longer life cycle and robustness of these solutions is expected to fuel popularity levels among consumers.
Certification companies/organizations provide guidelines regarding design specifications and safety measures which must be established at the workplace, enabling manufacturers to develop products for marketing in different regions. The legislations and standards introduced by regional authorities in the interest of smoke ventilation & emergency escape situations coupled with reduced environmental impact will present significant growth opportunities to this industry from 2016 to 2024.
Automated natural ventilation provides improved air quality at the home and workplace, resulting in reduced expenditure on air conditioning systems. The reduced emissions from the building help in maintaining the air quality and improving environmental impact. In emergencies such as fire, smoke ventilation clears CO2 and other hazardous gases out of the workshops. Pharmaceutical, chemical, and mechanical industries are major industrial sectors in the window automation market.
Residential window automation market size has high growth prospects from 2016 to 2024. Increasing demand for smart homes and incorporating automation in renovating existing structures will support demand.
Healthcare is expected to witness the highest growth over the forecast years due to increasing safety and hygiene concerns for patients.
APAC window automation market size will remain attractive due to increasing consumer awareness regarding high-energy efficiency. The largest untapped consumer base, growing retail, education, healthcare, and hospitality business operations in the region will positively support the overall industry demand.
About Global Market Insights
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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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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