Industrial window automation market will exhibit a higher demand over the forecast period. Natural ventilation requirements over artificial HVAC systems reduce the overall energy consumption of the industries. The reduced energy consumption will further reduce the carbon footprints on the environment. In emergencies, such as fire, the smoke ventilation will clear the smoke out of the workplace and will enable the people to easily vacate the affected areas. Pharmaceutical, chemical, and mechanical industries are major industrial sectors, which contribute to the growth of the industrial window automation market.
Window automation Market will cross USD 7.5 billion by 2024, growing at over 5% CAGR during the forecast period 2017 to 2024. Increasing use of automated ventilation in commercial buildings and governments offices is driving the window automation market. Increasing travel & tourism expenditure and international trade are stimulating the demand for modern infrastructure. Increasing demand for home automation fueled by rising disposable income will boost the window automation market
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The benefits of automatic ventilation include ease-of-operation for physically challenged and elderly family members in the residential households. Moreover, it reduces the operating costs of commercial buildings owing to lesser expenditure on artificial HVAC systems, which will reduce carbon dioxide emissions from the building. These will drive the industry growth over the forecast period.
However, lesser awareness among consumers about the automated ventilation systems will hamper the industry demand. Reliability of the automatic windows in emergency situations such as smoke or alarms are the major factors affecting its adoption. Automated operation is achieved by the integration of electronic and mechanical systems, which will increase the final cost.
Control panels allow automated control and reduced noise during the operation of the automatic windows. It enables two-way communication with the help of actuators. Growth of control panel enabled windows is attributed to a higher response speed in the event of smoke clearance requirement and alarm systems.
Growth of residential window automation is attributed to the increasing demand for smart homes and upgrading of the existing infrastructure. Moreover, reduced energy consumption benefits and long-term investment returns will fuel the demand for both natural and smoke ventilation in residential buildings. Rising disposable income of consumers is expected to increase the demand for building automation systems.
Asia Pacific region is expected to have the highest CAGR of 6.3% during the forecast period owing to expanding infrastructures in hospitality, transport & tourism, and healthcare industries. Increasing service quality at these places will create a demand for more automated controls and enhanced monitoring of building systems. Economic developments in this region will further increase the demand for sophisticated building solutions.
Europe is expected to continue its dominance over the forecast timeline owing to the rapid acceptance of automated ventilation solutions in increasing the infrastructural development. Increasing demand for building automation solutions in this region will further increase the demand for the window automation market from 2017 to 2024.
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Some of the companies in the window automation market are BreezWay, D+H Mechatronics, EBSA, Geze GmbH, Kintrol, SE Controls, Pella Corporation, and WindowMaster. Industry rivalry is high as the established brands are competing with several local players, which offer products at reduced costs. The players are implementing consolidation strategy to gain advantage of extending product portfolios or strengthening the distribution channels in different regions. For instance, TOPP has expanded its distribution channels by collaborating with Automated Door Systems to distribute its product in the UK and Kintrol in Australia.
Table of Content (TOC-)
Chapter 2. Executive Summary
2.1. Window automation industry 360º synopsis, 2012 – 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends
2.1.4. Component trends
2.1.5. Application trends
188.8.131.52. Commercial application trends
2.1.6. End-use trends
Browse key industry insights spread across 287 pages with 383 market data tables & 57 figures & charts from the 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” in detail along with the table of contents: