Window Automation Market size is predicted to exceed $8 billion by 2024. Technological developments such as IoT and augmented reality have been propelling the construction sector rapidly. Robust growth of construction sector has been generating considerable opportunities for industry participants. Escalating requirement for reduction in energy consumption will act as one of the major factors propelling market share.
Electric window automation industry size is predicted to expand significantly in the coming years. The growth can be primarily attributed to the applications where manual procedures are not practicable. Augmenting trends for integrating technologies, including Bluetooth and Wi-Fi, into systems to improve communication with the use of devices such as tablets and smartphones will increase market size.
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Window automation market forecast report estimates that residential industry share will gain momentous growth by 2024. The growth can be attributed to increasing usage of technology in households to leverage heat and natural light to the greatest extent.
As per the U.S. Energy Information Administration, in the year 2015, around 36% of the U.S. households were dependent upon electricity for warming and maintaining indoor temperature. Automated windows enable customers to utilize natural ventilation for maintaining indoor temperature. This helps households to decrease energy consumption and reduce dependency on electric appliances.
The MEA window automation market size is estimated to experience substantial growth in the near future. The market expansion can be accredited to thriving hospitality sector and growing expenditure on infrastructure. The region has registered significant growth in hospitality sector owing to a huge number of tourists visiting the MEA nations. Companies in hospitality sector are increasingly employing the system to offer ease of operation to visitors. Hotels in Dubai and Saudi Arabia have been enhancing the adoption of innovative building automation solutions. Accelerating adoption of technologies in MEA region is expected to drive industry outlook.
A few of the key participants in industry include Kintrol, Insteon, Geze GmbH, Aumuller, Ultraflex Group, and Vent Engineering. Companies have been advancing application-specific products to strengthen their customer base and contributing to expand market outlook.
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Table of Content
Chapter 5 Window Automation Market, By Component
5.1 Window Automation 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 Switches
5.5.1 Market estimates and forecast, 2013-2024
5.5.2 Market estimates and forecast, by region, 2013-2024
5.6 Accessories
5.6.1 Market estimates and forecast, 2013-2024
5.6.2 Market estimates and forecast, by region, 2013-2024
Chapter 6 Window Automation Market, By Application
6.1 Window Automation Key trends by application
6.2 Residential
6.2.1 Market estimates and forecast, 2013-2024
6.2.2 Market estimates and forecast, by region, 2013-2024
6.3 Commercial
6.3.1 Market estimates and forecast, 2013-2024
6.3.2 Market estimates and forecast, by region, 2013-2024
6.3.3 Retail
6.3.3.1 Market estimates and forecast, 2013-2024
6.3.3.2 Market estimates and forecast, by region, 2013-2024
6.3.4 Airports
6.3.4.1 Market estimates and forecast, 2013-2024
6.3.4.2 Market estimates and forecast, by region, 2013-2024
6.3.5 Education
6.3.5.1 Market estimates and forecast, 2013-2024
6.3.5.2 Market estimates and forecast, by region, 2013-2024
6.3.6 Healthcare
6.3.6.1 Market estimates and forecast, 2013-2024
6.3.6.2 Market estimates and forecast, by region, 2013-2024
6.3.7 Hospitality
6.3.7.1 Market estimates and forecast, 2013-2024
6.3.7.2 Market estimates and forecast, by region, 2013-2024
6.3.8 Public transit systems
6.3.8.1 Market estimates and forecast, 2013-2024
6.3.8.2 Market estimates and forecast, by region, 2013-2024
6.4 Industrial
6.4.1 Market estimates and forecast, 2013-2024
6.4.2 Market estimates and forecast, by region, 2013-2024
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