The window automation market size is expected to see steady growth in the next few years. It will grow to $6.25 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The anticipated growth in the forecast period can be attributed to various factors, including the expansion of the construction industry in emerging economies, an increased focus on occupant health and wellness in buildings, the integration of window automation with IoT and cloud platforms, a shift towards green building certifications and standards, and the adoption of wireless communication protocols to ensure seamless connectivity. Noteworthy trends in the forecast period encompass the rise of predictive maintenance and data-driven optimization, the emergence of customizable and modular window automation solutions, the growth of subscription-based models for window automation services, increased utilization of AI and machine learning for intelligent control algorithms, and the evolution towards fully autonomous and adaptive window systems.
The increasing adoption of smart home devices and the growing prevalence of smart homes are expected to drive the expansion of window automation. Smart home devices, designed for connectivity and functionality, contribute to enhanced convenience, security, and energy efficiency within homes. The rising demand for smart homes, driven by customization options, safety features, and remote monitoring capabilities, provides the ideal environment for the integration of automated window systems. In August 2023, RubyHome reported that 63.43 million homes in the US utilize smart home devices, with a notable willingness among homebuyers to invest in smart homes. The increased spending on interior remodeling areas in 2021 further underscores the growing trend. Consequently, the surge in smart home device usage and smart homes is a significant factor propelling the window automation market.
Key players in the window automation market are directing their efforts towards developing innovative products incorporating advanced technologies, such as smart window materials, to enhance profitability. Smart window materials, including electrochromic or thermochromic materials, enable dynamic adjustments in transparency, tint, or opacity in response to external stimuli such as light levels or temperature changes. An example of this innovation is seen in the smart window materials developed by the Indian Institute of Technology Guwahati in May 2021. These materials contribute to automatic climate control in buildings, improving energy efficiency and occupant comfort. Their adaptability makes them suitable for diverse environments, including buildings, vehicles, locomotives, airplanes, and greenhouses, offering a versatile solution for sustainable architectural designs.
In September 2021, ASSA ABLOY, a Sweden-based company specializing in door opening solutions, including locks, doors, gates, and entrance automation, acquired VHS Plastik Metal in Turkey for an undisclosed amount. This strategic acquisition aims to expand ASSA ABLOY's market presence in Turkey, recognizing it as an emerging market with significant growth potential. VHS Plastik Metal, a Turkey-based company, specializes in manufacturing hardware systems for windows and doors, including window automation products.
Major companies operating in the window automation market report 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.
Asia-Pacific was the largest region in the window automation market in 2023. The regions covered in the window automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the window automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Window automation involves the utilization of technology to automate the operation and control of windows in buildings or vehicles. This automation is commonly integrated into building management systems (BMS) to effectively manage indoor climate and enhance energy efficiency. Moreover, window automation is widely embraced in smart home configurations, allowing remote control through smartphones, tablets, or voice assistants.
The primary classifications of window automation include electrical, mechanical, and hybrid systems. Electrical systems, powered by electricity, make use of components such as wires, circuits, and motors to execute tasks. Various control systems within window automation encompass fully automatic, push and go, power assist, and low energy configurations. These systems find applications across diverse settings, including residential, commercial, and industrial environments.
The window automation market research report is one of a series of new reports that provides window automation market statistics, including window automation industry global market size, regional shares, competitors with a window automation market share, detailed window automation market segments, market trends, and opportunities, and any further data you may need to thrive in the window automation industry. This window automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The window automation market consists of sales of window operators, motors, controllers, and sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Window Automation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on window automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for window automation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The window automation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Electrical; Mechanical; Hybrid2) By Control Systems: Fully Automatic; Push and Go; Power Assist; Low Energy
3) By Application: Residential; Commercial; Industrial
Key Companies Mentioned: LIXIL Group; ASSA ABLOY; Legrand; The Jeld-Wen Company; Andersen Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 5.25 Billion |
Forecasted Market Value ( USD | $ 6.25 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |