Middle East and Africa Smart Window market revenue size is projected to grow at a CAGR of 7.2% during 2024-2030

In terms of type, electrochromic has attained the largest revenue share in Middle East and Africa Smart Window Market – 6Wresearch

Electrochromic by type accomplished maximum growth in the market and it will continue to obtain the highest revenue share in the market owing to its growing demand in the market. Electrochromic smart windows are curated with a thin coating of electrochromic material, which enables the windows to change color as well as transparency in response to an electric current. These windows offer numerous benefits like energy efficiency, glare reduction as well as UV protection. They are also widely used in commercial buildings, residential properties, and automotive applications.

According to 6Wresearch, Middle East and Africa Smart Window market revenue size is projected to grow at a CAGR of 7.2% during 2024-2030. The MEA Smart Window Market is currently experiencing growth driven by a multitude of factors. One primary catalyst is the substantial investments being made particularly in GCC economies due to investments in infrastructure development. Ongoing residential and commercial projects in Saudi Arabia such as 17,000 housing units and 2,700 hotel rooms for Jeddah central project along with the redevelopment of a 1.2 million sq. in Masar Makkah for the creation of tens of thousands of hotels, residential units, as well as retail and commercial space, are expected to drive the increasing demand for the adoption of smart technologies like a smart window in the coming years.

Moreover, in 2022, Egypt witnessed increased investments from GCC nationals in the purchase of residential property, which is expected to fuel further in the coming years. These investments and, construction activities in residential and commercial sectors and ongoing mega projects would fuel the demand for smart windows.

According to Dhaval, Research Manager, 6Wresearch, by application, the market is segmented into Buildings, Automotive & Transportation and Others. Among these segments, the demand for buildings has been rising the most in the market.

MEA Smart Window Market (2024-2030) report provides an in-depth analysis with 63 figures and 46 tables, covered in 167 pages. The report comprehensively covers the market by type, application and country. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.