Window Automation Market share to grow at 5.5% CAGR from 2016 to 2024 - PowerPoint PPT Presentation

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Window Automation Market share to grow at 5.5% CAGR from 2016 to 2024

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More Information @ Increasing demand for automated ventilation systems in commercial and residential buildings will drive the window automation market share over the forecast timeframe. Rising expenditure on travel & tourism and favorable conditions for international trade are creating the demand for modern urban infrastructure establishment. – PowerPoint PPT presentation

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Title: Window Automation Market share to grow at 5.5% CAGR from 2016 to 2024


1
Window Automation Market share to exceed 7.5bn
by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Window Automation Market
  • 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.
  • 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.

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Continued...
  • 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.
  • 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.

4
Europe Window Automation Market Size, By Product,
2015 2024 ( Mn)

5

Browse Full Market Research Report On Window
Automation Market _at_ https//goo.gl/c0i9ac Requ
est for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/1356
6
360 Analysis
  • Application Trends
  • Residential applications expected to witness the
    highest growth as a result of increasing consumer
    interest towards automated products for energy
    consumption savings. Moreover, the rising average
    income of individual globally has led to a
    significant growth in the buying capability of
    consumers. Increased affordability to support
    enhanced aesthetics along with the rising demand
    for smart homes will present potential growth
    avenues from 2016 to 2024.
  • Regional Trends
  • Product installation in extreme weather
    conditions for carrying out efficient heating and
    cooling, specifically in Europe, have witnessed
    considerable demand over the past few years. The
    presence of a large number of industry
    participants in the region has provided
    considerable consumer awareness and motivation
    for these solutions.
  • Competitive Market Share
  • The window automation market share is fragmented
    in nature. The industry competition is thus high
    as the established brands must compete with the
    local rates and focus on their product offerings.
    The industry is forecast to witness consolidation
    for companies to expand product portfolios or
    their distribution channels in different regions.


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