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

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Window Automation Market to grow at 5.5 CAGR
from 2016 to 2024 Fractovia.org
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Key Insights of Window Automation Market

• Window Automation industry analysis is covered in
  this latest research report that aims to help
  those taking daily business decisions by
  providing market trends information, competitive
  landscape scenario, forecasts and more.
• Changing lifestyle and rising demand for modern
  urban infrastructure depicts an exponential
  growth map for window automation market.
  Consumers are gradually shifting their preference
  toward automated products to ease their life and
  reduce operational effort. Thus, the growing
  adoption of automated ventilation systems in
  residential and commercial buildings coupled with
  a significant rise in infrastructural spending
  capacity will further propel the demand for
  window automation industry. In addition,
  automated windows are highly energy efficient,
  which benefits in minimizing the running cost,
  and reduce carbon footprints.
• The commercial application of global window
  automation market is projected to witness a
  significant surge, owing to the extensive
  deployment of this product in hospitals,
  airports, retail, educational buildings, public
  transit systems, and healthcare sectors. The
  major driver behind the rising installation, is
  the safety provided by automated windows against
  fire, heat, and smoke.

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Continued

• The concept of green building is proactively
  encouraging the use of automated windows in their
  architecture, which enables low energy
  consumption and better performance. Longer life
  cycle and robust design for these windows will
  further provide remarkable momentum to window
  automation industry. Moreover, the trending
  concept of smart homes has witnessed maximum
  deployment of automated doors and windows as the
  control panels installed in these products can
  provide a two-way communication. Integrated
  actuators in these windows can enable noise
  reduction, low disturbance and automated control
  on smoke or fire detection.
• Major OEMs are tremendously investing in this
  technology to garner huge profits by offering
  appealing aesthetics and easy accessibility via
  automation. Rising purchase parity of the major
  population base and increasing awareness is thus
  favoring window automation industry. Other than
  OEMs, window manufacturers have also accumulated
  major market chunk by holding largest revenue
  share across the globe.
• Asia Pacific is offering window automation market
  a pool of untapped opportunities. This region is
  attracting many investors due to rising consumer
  awareness and growing hospitality, education,
  retail, and healthcare industries. China window
  automation industry will also see a lucrative
  revenue generation from increasing city
  infrastructure and advanced building designs.

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

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Continued.

• Europe window automation industry has gained a
  considerable traction, owing to the rising demand
  for the product from the tech-savvy consumers.
  The product is in high demand in this region due
  to extreme weather conditions and to enable
  efficient cooling and heating in accordance with
  the temperature fluctuations. In addition to
  this, Europe being a manufacturing hub is
  estimated to provide a noticeable impetus to the
  window automation market in the years ahead.
• In order to ensure maximum efficiency out of
  automated windows, the manufactures, designers,
  and installers need to work in perfect
  co-ordination and deliver enhanced product. The
  window automation industry is highly fragmented
  in nature and thus the competition is huge. Major
  companies need to expand their product portfolio
  and regional base along with competing on the
  pricing parameter. Prominent companies such as
  the TOPP are expanding their distribution
  channels through distributors namely Automated
  Door Systems in UK and Kintrol in Australia.

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