Automation And Remote-Controlled Operations To Drive Doors And Windows Market In Europe
Arizton’s recent market research report on the doors and windows market in Europe provides comprehensive industry and competitive analyses and trend forecasts. The research study segments the market by types (doors and windows), end-users(residential and commercial buildings), material types(metal, plastic, and wood), and countries (France, Germany, Italy, Norway, Sweden, Denmark, Finland, Poland, Spain, and the UK). Jeld-Wen, Inwido, VKR Group, and Internorm are the major vendors in the European door and windows market.
The doors and windows market in Europe is expected to reach around $83 billion, growing at a CAGR of around 5% during 2018−2024.
The doors and windows market in Europe is currently witnessing demand for multiple-glazed materials, which increase the thermal efficiency of buildings by decreasing heat losses, thereby reducing energy consumption. Further, European countries are working toward developing zero-energy buildings by incorporating green construction and consumption methods, with a high focus on decreasing the total energy consumption.
The top three drivers and trends propelling the doors and windows market in Europe are discussed below:
Increasing Construction and Renovation Activities
The growing use of loose building envelopes, glass walls, and façades are leading to the incorporation of modular and designer door and window frames in Europe. Major benefits of innovative doors and windows are sun and climate protection, noise reduction, thermal insulation, one-way mirroring, electromagnetic shielding, and high aesthetic appeal. The construction activities in Northwest Europe reached its highest in 2018. The integration of glass with tint and anti-glare coating materials and glasses with self-cleaning capability is witnessing a revival in the construction industry. The rising rate of construction in the residential and non-residential sectors, coupled with the increasing focus toward energy reduction and green buildings, is expected to accelerate the usage of doors and windows fitted with treated glass and thermal properties during the forecast period.
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Rising Disposable Income and Investment in Housing
The manufacturing industry contributes about 15% of the European GDP. Central and Eastern European countries are rapidly catching up due to strong infrastructural growth, availability of high-quality skilled and low-cost labor, and enhanced R&D activities by government agencies. One of the major reasons for the high adoption of innovative doors and windows among European households is the rising per capita disposable income. Macroeconomic factors, customer price-sensitivity, and stringent European regulations are pushing stakeholders to comply with strict construction regulations. All the factors mentioned above have made the market a complex one to maintain profitability; however, the growing new construction activities in the residential and commercial sector are underpinning growth for doors and windows market. In 2018, over 70% of the buildings in Europe were found to be energy inefficient. Hence, renovation activities will increase energy efficiency and attain the nearly-zero-energy building status, thereby presenting long-term growth opportunities in the European doors and windows market.
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Growing Enhancements in Doors and Windows
The doors and windows market in Europe is reaching saturation in terms of product differentiation and features. Some of the major product enhancements vendors are offering anti-theft door and windows, incorporation of BIPV materials, protection from burglary and forced entry, remote and automated operations, ability of offer thermal comfort, development of smart glass, active climate control, energy-efficient windows, high focus on aesthetic appeal, and design trend toward larger windows. The use of non-conventional materials and fixture techniques such as uPVC, multi-point smart locking mechanism, and hidden hinges is gaining traction in the market. The latest features in doors and windows that are likely to gain high traction are automated and remote-controlled operations.
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Aluplast, Arbonia, Aries, Astraseal, Bertrand, Crystal Windows, Ford Windows, Gartfen, Gealan, Goran, Indigo Products, Josko, Karo, Kinex, Korzekwa, MASCO Corporation, Neuffer Windows + Doors, NorDan, Profine Group, Rawington, ReynaersAluminum, Schuco International, Slowinscy, Veka, and Weru are the other prominent vendors in the doors and windows market.
The complete overview of the latest market research report on the doors and windows market in Europe by Arizton is now available.
The report offers a detailed study of major trends, drivers, challenges, and provides the market size and forecast for major geographical regions and key countries.
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