Global Smart Window Market Size

Smart Window Market Analysis

The Global Smart Window Market size is estimated at USD 5.59 billion in 2024, and is expected to reach USD 8.89 billion by 2029, growing at a CAGR of 9.75% during the forecast period (2024-2029).

Many advanced automation systems and smart devices are rapidly being installed in homes. Vendors are improving their offers with these numerous shades and window coverings by giving linked and automated solutions to make window coverings smart. Due to the increasing penetration of voice assistants in smart home technologies, voice-activated smart shades are projected to gain popularity in the coming years, and smart speakers with voice assistants are expected to be the control hubs for a large part of smart home technologies.

• Even though a significant share of conventional solutions in households see various changes in terms of design and innovation, the use of windows for various purposes, such as ventilation and light, is expected to remain the same and, in turn, drive the demand for curtains, drapes, and shades. The average household window covering spending is expected to increase in regions, such as North America and Europe, over the coming years.
• The growing smart home penetration in these regions is expected to augment the demand for smart window coverings and connected products, according to the National Union of the Metal Construction Industries of the Envelope and Windows.EUR 3 billion was created in Italy in 2019 from the demand for windows, doors, and curtain walls for residential structures. It was predicted that sales of windows, doors and curtain walls for residential and non-residential buildings would increase during the next two years, reaching EUR 3.2 billion and EUR 1.9 billion, respectively, in 2021.
• Asia-Pacific is one of the major consumers and producers of window coverings. With the growing economies and number of nuclear families, the demand for housing solutions is expected to increase. Due to such developments, the region is expected to see a surge in the number of local vendors offering motorized and connected window coverings. The growing consumer propensity toward online shopping is expected to increase the awareness of products among consumers, thus pushing vendors to focus on offering their solutions on online platforms.
• The complete motorized window covering units are comparatively costlier than the conventional coverings, which challenges the market's growth. However, various new vendors are offering smaller devices capable of turning conventional curtains into smart solutions. Recently, SwitchBor Curtain was released, which fits into the existing curtain rods and turns the curtains into smart ones with its motorized movements.
• In May 2021, Researchers at IIT Guwahati developed materials to aid in the design of smart climate control systems in buildings that save energy and reduce carbon emissions. IIT Guwahati created a smart window material that can effectively manage the quantity of heat and light that passes through the windows in response to a voltage applied. According to the researchers, such materials can aid in the development of effective automatic climate control systems in buildings.