Automated Windows Market
The global automated windows market is growing continually. Factors such as rapid installations of automated windows in the residential sector for new structures as well as remodeling or sprucing up the old ones and budgets approved for infrastructure development worldwide drive the market growth.
With the vigorously moving ahead residential sector, the market is projected to witness rapid growth in the years to come. In this regard, Market Research Future (MRFR) asserts that the global automated windows market is forecasted to reach exponential valuation by 2027, registering a phenomenal CAGR during the review period (2020-2027).
In commercial applications, automated windows can be found at airports, hospitality, healthcare, and educational buildings. Technological advances in cloud-based connectivity and the Internet of Things (IoT) boost the automated windows market share. Additionally, advances in smart and connected devices, alongside the growing IoT penetration, foster market growth.
Conversely, the lack of awareness and compliance requirements with several regulatory codes & standards are major factors projected to impede the market growth. Nevertheless, the rising demand for smart homes and industrial safety and security against smoke, fire, and heat would support market growth.
Global Automated Windows Market – Segmentation
The automated windows market forecast is segmented into products, components, applications, and regions. The product segment is sub-segmented into electric, mechanical, and hybrid. The component segment is sub-segmented into sensors & detectors, control panels, motors & actuators, switches, and others.
The application segment is sub-segmented into residential, commercial, industrial, and others. The region segment is sub-segmented into North America, Europe, APAC, and the Rest-of-the-World.
Automated Windows Market – Geographical Analysis
Europe dominates the global automated windows market. The largest market share attributes to the increasing adoption of automation and smart home projects across the region. Besides, the proliferation of smart & connected devices and the wide penetration of the Internet stimulate the growth of the window automation market.
The region witnesses extensive installation of automated windows carrying out efficient heating and cooling in extreme weather conditions. Simultaneously, the regulatory mandates introduced in the region, alongside the presence of a large untapped consumer base, provide impetus to the market growth.
Global Automated Windows Market – Competitive Analysis
The automated windows market appears to be competitive due to the presence of several well-established players. To gain a larger competitive share, these players initiate strategic moves such as mergers & acquisitions, collaboration, innovation, and brand reinforcement. The market would witness intensified competition with innovations and an increase in R&D investments and M&A.
Players leading in the automated windows market are Automated Door Systems (ADS) (UK), Aumüller Aumatic GmbH (Germany), Colt International Pty Limited (Australia), D+H Mechatronic AG (Germany), GEZE GmbH (Germany), EBSA (Australia), Kintrol (Australia), JLC Automation Services (UK), SE Controls (UK), and Pella Corporation (US), among others.
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