Roof Windows Market Scope
A roof window is a window that is fused into the roof design of a property. A roof window is like a skylight and other similar architectural or lighting features but has fundamental differences. A roof can have one or some roof windows of varying sizes. New roof windows may be tinted, double glazed, or triple glazed and may be completely sealed shut, or have the ability to be opened. Commonly roof windows are from the original build, but they can also be installed into the building at a later date. The worldwide economic crisis across different industries due to coronavirus pandemic is declining the growth of the market. The global construction industry is seeing immediate consequences due to the outbreak of COVID-19 which has led to the stopped down of operations across different ongoing construction as well as scheduled construction projects across the world for an ambiguous period of time. The pandemic has led to severe disruption in the supply chain of different regions in the market along with new challenges such as shortage of labor and customer claims due to delays & cost overruns.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | Europe |
Unit | Value (USD Million) |
Key Companies Profiled | VKR Holding A/S (Danmark), FAKRO (United Kingdom), Roto Frank AG (Germany), Glazing Vision (England), LAMILUX Heinrich Strunz Holding GmbH & Co. KG (Germany), Skylux (Belgium), The Rooflight Company (England), Keylite Roof Windows (United Kingdom), alwitra GmbH (Germany) and Okpol Sp z o.o. (Poland) |
CAGR | 3.71% |
"According to AMA, the Global Roof Windows market is expected to see growth rate of 3.71% and may see market size of USD2981.23 Million by 2027."The Vendors having a strong hold in the market are Velux Fakro Roto Glazing Vision Ltd Lamilux srl . Research Analyst at AMA estimates that European Vendors will contribute to the maximum growth of Global Roof Windows market throughout the predicted period.
VKR Holding A/S (Danmark), FAKRO (United Kingdom), Roto Frank AG (Germany), Glazing Vision (England), LAMILUX Heinrich Strunz Holding GmbH & Co. KG (Germany), Skylux (Belgium), The Rooflight Company (England), Keylite Roof Windows (United Kingdom), alwitra GmbH (Germany) and Okpol Sp z o.o. (Poland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Dobroplast Fabryka Okien sp. z o.o. (Poland), DAKOTA GROUP S.A.S. (Italy), Sunsquare Limited (United Kingdom), FAELUX (Italy) and KRONmat Sp. z o.o (Poland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Roof Windows market by Type , by Application (Residential and Commercial) and Region with country level break-up. On the basis of Type, Wood are dominating the market in the year 2021 where as Metal stood as second largest market share.
On the basis of application, Residential segment is dominating the market in the year 2021 where as Commercial segment stood as second largest market.
On the basis of geography, the market of Roof Windows has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2021. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In August 2020, Sunsquare launched its first fully smart skylight. Voice-activated Smartsquare design can also be programmed to open and close automatically depending on the weather, time of day, and the proximity of the user
In June 2020, The Rooflight Company has launched Neo Advance flat rooflight which can create bright, productive environments for homeworkers and has impressive U-values and weather resistance too.
Influencing Trend:
Increasing Spending on Home Improvements and The upsurging Demand from The Residential Sector
Market Growth Drivers:
Growth of Urbanization in Developed and Developing Countries and Increasing Adoption due to Various Benefits such as Ventilation, Energy Efficient and Balance of Thermal Energy
Restraints:
The Issues with Too much light and poorly insulated or air-sealed skylight shaft
Opportunities:
Growing Adoption for Eco-Friendly Roof Windows
Key Target Audience
Manufacturers of Mineral Wool Insulation, Distributors, Traders, & Suppliers, Investors, Regulatory & Government Bodies and Others