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Market Highlights:According to Market Research Future (MRFR), the global of automated windows market is poised to touch a valuation of over USD 7.1 BN by 2023. In its recently published study report, MRFR also asserts that the market would register a CAGR over 5.12% throughout the forecasted period (2017 – 2023).
Automated windows market are specially designed windows that can open and close automatically by achieving the activation from précised infrared sensors. There are sensors imbibed in the systems to monitor the area and the environment before opening the window and after the pattern is clear. These power windows react by opening and closing when required and thus, can provide sustainable safety, security, and comfort, avoiding the damage.
In these systems, sensors are used for automating and safeguarding automatic windows. Automated Windows Market are commonly installed at the drive-thru windows of a fast-food restaurant or pharmacy. In commercial applications, automated windows can also be found at airports, hospitality, healthcare, and educational buildings, among others. Over the last decade, budgets approved for infrastructure development across the regions around the globe have increased significantly.
Simultaneously, the residential sector is too moving ahead vigorously, witnessing a massive uptake of automated windows. People are increasingly considering installing automatic windows in new construction projects, remodeling, or redeveloping the old space, accentuating on the right window treatment. Resultantly, the market for automated windows is accruing pervasively.
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Growing penetration of the Internet of Things (IoT) and technological advancements in the field of smart and connected devices are fostering the market growth. Advantages that automated windows can provide, such as higher energy saving and the low operational cost are substantiating the growth of the market. Growing per capita income among the middle-income groups is a key driving force for the market as it boosts the consumption power of end-users.
Prevalent trends boosting the growth of the market, include huge uptake of automated products in building & construction works. Witnessing substantial R&D investments, connectivity solutions are heading towards their way to the prominence.
Conversely, lack of awareness, and requirement of compliance with several regulatory codes & standards is a key growth impeding factor. Nevertheless, the rising number of smart homes projects alongside, the growing demand for industrial safety and security against smoke, fire, and heat would support the growth of the market during the forecast period.
Major Players:
Players leading the automated windows market include Automated Door Systems (ADS) (UK), Colt International Pty Limited (Australia), Aumüller Aumatic GmbH (Germany), D+H Mechatronic AG (Germany), EBSA (Australia), GEZE GmbH (Germany), Kintrol (Australia), JLC Automation Services (UK), Pella Corporation (US), and SE Controls (UK), among others.
Automated Windows Market – Segments
The report is segmented into four key market dynamics to widen the scope of understanding,
By Product: Mechanical, Electric, and Hybrid.
By Component: Control Panels, Sensors & Detectors, Motors & Actuators, and Switches, among others.
By Application: Residential, Commercial, Industrial, and others.
By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Global Automated Windows Market – Regional Analysis
The European region would retain its dominance over the global automated windows market, witnessing a fabulous growth during the review period. Increasing number of automation and smart homes project is stimulating the growth in the regional market. Proliferation of intelligent and connected devices and the penetration of the Internet are significant factors substantiating the regional market growth.
In Europe, the product installations are increasing extensively for the requirement of efficient heating and cooling due to the extreme weather conditions in the region. Simultaneously, regulatory mandates introduced in the region and the presence of large untapped consumer base are providing a huge impetus to the market growth in the region.
The automated windows market in North America is another lucrative market as it holds a substantial share. Large advances in associated technology and increased adoption of automation across residential and industrial construction projects are key driving forces behind the regional market growth. The market is poised to witnessing huge growth over the assessment period, driven by the augmented demand & availability of quality automated windows in the region.
Whereas, the Asia Pacific market for automated windows is witnessing a rapid expansion due to the burgeoning markets in China, Japan, and India. The presence of sensors manufacturing companies and wide adoption of connected devices are the significant growth drivers for the market in India and China, placing these countries at the leading positions in the region. The APAC market of Automated Windows has been valued considerably, which is expected to grow further by the end of the forecasted period.
Automated Windows Market – Competitive Landscape
Highly competitive by nature, the global automated windows market appears to be fragmented due to the presence of many players. To gain a competitive advantage, key players adopt strategies such as innovation, mergers & acquisitions, and brand reinforcement. Making more intelligent and automated devices a reality requires a level of hardware & software technology and innovation & adoption like never seen before.
Most players are seen adopting organic business strategies. Tier, I & II firms, are accentuating on the inorganic business strategies to achieve their goals, minimize the competition, and to expand their geographical footprint.
Advances in technology have been boosting the industry that is heading to new opportunities and attracts new entrants or start-ups.
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Industry/ Innovation/ Related News
January 8, 2019 --- Arlo (the US), A leading internet-connected camera brand with smart security solutions for home or business launched the DIY-friendly Arlo Security System at CES 2019. The new system is anchored by the Arlo SmartHub and includes a new Arlo Multi-Sensor, Arlo Siren, Arlo Remote, and an app. Arlo Security Sensor and Sirens do more than most sensors and even most multi-sensors can. The system detects the opening and closing of windows & doors, motion, temperature changes, and alarms for smoke, carbon monoxide, water leaks, and more for the ultimate peace of mind. These lightweight devices communicate to the hub via a proprietary two-way RF technology - ArloRF, that provides extra battery life and superior long-range wireless coverage. These also enable hassle-free communication between the SmartHub and Arlo devices.
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