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Window Films Market to Grow by USD 3.14 Billion from 2024-2028, Driven by Rising Auto Demand and AI’s Impact on Market Trends- Technavio Report

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NEW YORK, Oct. 14, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global window films market  size is estimated to grow by USD 3.14 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.4%  during the forecast period.  Increasing demand for automobiles is driving market growth, with a trend towards increasing demand for biodegradable window films. However, limitation on visible light transmission  poses a challenge. Key market players include 3M Co., ADS Window Films Ltd., Arlon Graphics LLC, Avery Dennison Corp., Compagnie de Saint-Gobain S.A., Eastman Chemical Co., Erickson International LLC, FILMTACK Pte. Ltd., Garware Hi Tech Films Ltd., Pet Films Inc., HEXIS SAS, Johnson Window Films Inc., Konica Minolta Inc., LINTEC Corp., Maxpro Window Films, MiraTint LLC, NEXFIL Co. Ltd., ORAFOL Europe GmbH, Rayno Window Film, and Toray Industries Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Sun-control, Decorative, Safety and security, and Privacy), Application (Automotive, Residential, Commercial, Marine, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

3M Co., ADS Window Films Ltd., Arlon Graphics LLC, Avery Dennison Corp., Compagnie de Saint-Gobain S.A., Eastman Chemical Co., Erickson International LLC, FILMTACK Pte. Ltd., Garware Hi Tech Films Ltd., Global Pet Films Inc., HEXIS SAS, Johnson Window Films Inc., Konica Minolta Inc., LINTEC Corp., Maxpro Window Films, MiraTint LLC, NEXFIL Co. Ltd., ORAFOL Europe GmbH, Rayno Window Film, and Toray Industries Inc.

Key Market Trends Fueling Growth

The construction industry’s shift towards eco-friendly buildings, driven by concerns over climate change and human health, has fueled the demand for biodegradable window films. Strict regulations on materials used in construction and the phasing out of non-renewable resources have made biodegradable compostable, a polymer material used in making window films, an attractive alternative. Extracted from plant material, this non-toxic and non-irritating material decomposes naturally into carbon dioxide and water, minimizing environmental impact. European regulations limiting emissions from buildings are expected to further drive demand for green buildings and biodegradable window films. This trend, with its positive environmental footprint, is a significant growth driver for the global window films market. 

The Window Films Market is experiencing significant growth due to increasing trends in energy efficiency and environmental consciousness. Anti-glare and anti-graffiti films are popular choices for both residential and commercial spaces, providing comfort and reducing energy consumption. Automotive protective films, also known as automotive films or automotive protective window films, are in high demand for fuel-efficient passenger cars and electric vehicles (EVs), contributing to lower CO2 emissions and a smaller carbon footprint. Durability is a key factor in the market, with polymer materials like polyester being preferred for their longevity. Decorative films add aesthetic value to buildings, while safety & security films ensure protection against break-ins and vandalism. Regulations, such as those related to green building constructions and energy-efficient window films, are driving demand for energy-efficient solutions like insulating films and high VLT films. The market also caters to industrial applications, offering infrared rejection and heat loss solutions. Logistics and police attention films are other niche areas of the market. Bio-based window films and e-films are emerging trends, offering eco-friendly alternatives to traditional window films. Overall, the window films market is a dynamic and growing industry, catering to various sectors and applications. 

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Market Challenges

The use of tinted window films in the automobile industry has become prevalent, yet it poses challenges related to visibility. Tinted glass reduces the amount of visible light transmission (VLT), causing issues for drivers, particularly during nighttime. The International Window Film Association (IWFAA) highlights that the degree of tinting depends on the glass location in vehicles. While windshields require higher VLT levels for safe driving, front-side windows with less than 35% VLT can hinder driver visibility. This reduces the ability to spot other vehicles and see alongside at intersections, increasing the risk of accidents. The concern intensifies in shaded areas or daylight where oncoming headlights are absent, as VLT drops to 12% in many vehicles. This limitation on VLT may pose significant obstacles for the expansion of the global window films market during the forecast period.The Window Films Market faces several challenges in various sectors. In the automotive industry, the rise of electric vehicles (EV) and fuel-efficient passenger cars necessitates the development of energy-efficient window films for reducing energy consumption. In the industrial sector, regulations on energy efficiency and environmental impact push for the use of lightweight, energy-efficient, and insulating films. In food processing, temperature control through solar control and infrared rejection films is crucial. For green building constructions, high VLT, UV protection, and glare reduction films are essential for energy-efficient window systems. In the residential sector, privacy, safety & security, and solar control are key concerns. Logistics and police attention require tinted films for vehicle aesthetics and privacy. Raw materials, such as polyester and polymer, and regulations impact production costs. Heat loss in winter and solar heat gain in summer necessitate the use of insulating and solar control films. Ultimately, the market must balance energy efficiency, cost, and consumer preferences while addressing regulations and environmental concerns.

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Segment Overview 

This window films market report extensively covers market segmentation by

Product 1.1 Sun-control1.2 Decorative1.3 Safety and security1.4 PrivacyApplication 2.1 Automotive2.2 Residential2.3 Commercial2.4 Marine2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Sun-control-  The Window Films Market has experienced consistent growth due to increasing demand for energy efficiency and solar control solutions. Businesses and homeowners seek to reduce energy costs and improve comfort levels, driving market expansion. Major players focus on product innovation and strategic partnerships to meet this demand. The market is expected to continue growing, offering significant opportunities for investors and manufacturers.

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Research Analysis

Window films are a popular solution for enhancing energy efficiency in both residential and commercial buildings, as well as in vehicles. These films help reduce heat loss in the winter and solar heat gain in the summer, contributing to a more comfortable ambiance and lower energy consumption. Energy-efficient window films are made of polymer materials and can block up to 99% of harmful ultraviolet (UV) radiation, providing excellent UV protection. In the context of green building constructions, energy-efficient window films play a crucial role in reducing carbon dioxide emissions by minimizing the need for heating and cooling. The logistics of manufacturing, transporting, and installing window films should also be considered, as the carbon footprint of these processes can impact the overall environmental sustainability of the product. Solar control window films are another type of energy-efficient film that can significantly reduce solar radiation and heat gain, making them ideal for hot climates. Decorative films are also available, offering aesthetic benefits while maintaining energy efficiency. In the automotive industry, protective films are used to shield vehicles from solar radiation and UV rays, reducing interior heat buildup and protecting against fading and damage. The Auto Care Association advocates for the use of energy-efficient automotive protective films to reduce energy consumption and CO2 emissions. E-films and automotive protective films are essential components of energy-efficient buildings and green buildings, contributing to a more sustainable and eco-friendly construction industry.

Market Research Overview

The Window Films Market encompasses a range of films designed to enhance the functionality and aesthetics of windows in various applications. These films include Anti-glare and sun control films that reduce glare and solar heat gain, providing a comfortable ambiance and energy efficiency in both commercial and residential spaces. Decorative films add visual appeal, while safety & security films ensure protection against break-ins and accidents. Durability is a key factor, with films available in lightweight and materials like polyester and polymers. Eco-conscious options, such as Bio-based window films, help reduce carbon footprint and CO2 emissions. Automotive films and protective coatings, including Anti-graffiti and Privacy films, are essential for vehicle aesthetics and safety. Industrial applications include insulating films, UV protection, and infrared rejection for energy efficiency and temperature control. Regulations and environmental concerns continue to drive innovation in energy-efficient window films, solar control, and fuel-efficient passenger cars. Logistics and police attention are addressed through customized solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductSun-controlDecorativeSafety And SecurityPrivacyApplicationAutomotiveResidentialCommercialMarineOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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VOX Solutions redefines telecom excellence with a record number of seven industry awards in 2024

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HONG KONG, Jan. 15, 2025 /PRNewswire/ — VOX Solutions, a leading innovator in the telecom sector, has made waves in 2024 by securing an impressive seven prestigious awards. This year’s accolades not only underscore VOX Solutions’ groundbreaking contributions to the industry, but also spotlight its unwavering drive to transform the future of global communication. From harnessing AI to creating innovative monetisation strategies, VOX Solutions continues to lead the charge in reshaping the international telecom landscape.

VOX Solutions’ success is a testament to its relentless pursuit of excellence and highlight the company’s commitment to innovation, security, and delivering unparalleled value to its partners and customers worldwide.

2024 Award Highlights:

Tier 1 Vendor in ROCCO’s 2024 SMS Monetisation Market Impact Report: Setting the gold standard in SMS monetisation solutions for mobile network operators (MNOs).Tier 1 Vendor in ROCCO’s 2024 A2P SMS Messaging Market Impact Report: Redefining seamless and reliable A2P SMS messaging services on a global scale.Best AI Integration at the Antonio Meucci Global Telco Awards: Pioneering the use of artificial intelligence to revolutionize connectivity and operational efficiency.Best AI/ML Innovation at the Global Connectivity Awards: Transforming telecom with innovative AI and machine learning technologies.Best Security Solution Provider at the CC-Global Awards: Reinforcing its leadership in creating secure and robust telecommunications solutions.Platinum Award for Best Flash Call Authentication Solution at Future Digital Awards: Innovating authentication technologies to enhance security and user experience.Most Innovative Product/Service/Automation Europe at the Telecom Review Excellence Awards: Continually raising the bar with visionary product development and automation solutions.

Reflecting on this momentous achievement, Ehsan Ahmadi, CEO of VOX Solutions, said, “This incredible recognition inspires us to continue pushing the boundaries of what is possible in telecommunications. These awards are also a celebration of our team’s hard work and our unwavering commitment to our partners and customers.”

About VOX Solutions

Vox Solutions simplifies, improves, and optimizes Voice and SMS channels using the latest innovations in technology. The company enables mobile operators to monetize their A2P services in a sustainable way, leveraging proprietary technology.

Vox Solutions utilizes its multi-award-winning anti-fraud technology, VOX-360, to offer a reliable, accurate and real-time view of operators’ voice and SMS services. By partnering with operators, Vox Solutions provides secure & reliable 2FA services to enterprises, globally.

For MNOs, Vox Solutions is focused on monetization of SMS and Voice services, being the first company in the market to offer a Flash Calling (Voice A2P) end-to-end solution.

For the enterprise segment, Vox Solutions focus on A2P messaging, A2P & P2P Voice, while also providing solutions focused on Cloud Communications.

Its unique VOX-360 solution also won numerous global awards for the anti-fraud, flash call authentication and AI/ML innovations.

www.voxsolutions.co

 

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Shining at CES 2025, TCL Garners Multiple Awards for Display Innovations and Smart Home Solutions

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LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, has been honored with multiple awards at CES 2025, demonstrating its technological excellence in display innovations and smart home solutions. Among the highlights is the TCL 50 PRO NXTPAPER 5G smartphone, which received the prestigious CES 2025 Innovation Award in the Mobile Devices, Accessories & Apps category.

Additionally, TCL also garnered six accolades at the 2024-2025 Global Top Brands Awards Ceremony (GTB), recognized across a broad range of product categories, from TVs and air conditioners to washing machines. The TCL Premium QD-Mini LED TV X11K received the “Mini LED Display Technology Innovation Award” for its unparalleled visual detail, clarity, and depth. The FreshIN Series Air Conditioner was recognized with the “Smart Fresh Air Technology Innovation Award”, while the TCL Super Drum Series Front Load Washing Machine earned the “Clean Technology Innovation Gold Award”. Furthermore, TCL was named among the “2024-2025 CE Brands Top 10” and “2024-2025 Global TV Brands Top 10”, underscoring its leadership and influence in the industry.

Founded by the International Data Group (IDG) in 2006, these awards, organized by Asia Digital Group and Europe Digital Group, and co-hosted by TWICE with support from IDC, are among the most influential recognitions in the consumer electronics sector. Bill Jiang, Vice President of TCL Industries and General Manager of the Global Marketing Center, accepted the awards on behalf of the company.

Other TCL product categories, such as smart locks, RayNeo AR Glasses, and mobile routers, also received multiple “Best of CES 2025” awards from international media.Besides, TCL’s 5G RedCap dongle, the TCL LINKPORT IK511, along with TCL 50 PRO NXTPAPER 5G were honored with the 2025 CES Picks Award in the TechRadar Pro category. On the eve of CES, TCL was awarded the 2025 Circana Consumer Electronics Performance Award for Top Increase in TV market share in North America.

About TCL Electronics

TCL Electronics (1070.HK) is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

SOURCE TCL

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Best Cost Segregation Study Service of 2025 by Techbullion

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Recognition Highlights Cost Segregation Guys’ Expertise and Client-Centric Approach in Delivering Tax Savings for Real Estate Investors Nationwide.

CHEYENNE, Wyo., Jan. 15, 2025 /PRNewswire-PRWeb/ — Cost Segregation Guys, a leading provider of cost segregation services, has been recognized as the best cost segregation study company of 2025 by Techbullion, a trusted resource for financial and technology news. This recognition underscores the company’s dedication to delivering measurable tax-saving solutions for real estate investors nationwide.

Cost Segregation Guys specializes in maximizing tax savings for property owners by accelerating depreciation deductions through comprehensive cost segregation studies. By reclassifying building components and land improvements into shorter recovery periods, the company empowers clients to reduce taxable income and enhance cash flow.

“We are honored to be recognized among the top cost segregation companies for 2025,” said Ivy Yamaro, Manager of Cost Segregation Guys. “This achievement reflects our dedication to providing industry-leading expertise and exceptional service to our clients. Our mission has always been to empower property owners with the tools and insights needed to optimize their financial strategies.”

Cost Segregation Guys has built its reputation on its in-depth knowledge of tax laws, engineering-based analysis, and client-centric approach. With decades of experience, 12,000 happy clients, and over $500m in depreciation for its clients, there is no question their team knows the ins and outs of cost segregation studies. The company’s team of experts combines technical precision with personalized service, ensuring each client receives a customized solution tailored to their specific property and financial goals.

The real estate market in 2025 is becoming increasingly competitive, and cost segregation has emerged as a critical strategy for investors seeking to optimize profitability. Cost Segregation Guys leverages advanced methodologies and stays ahead of industry trends to ensure clients receive tailored solutions that maximize their financial benefits.

Techbullion’s recognition highlights the company’s continued role as a leader in the field. Cost Segregation Guys is celebrated not only for its technical precision but also for its transparency, integrity, and unwavering focus on client success.

For property owners seeking to unlock significant tax savings, Cost Segregation Guys offers innovative tools and resources designed to enhance financial performance. To learn more, visit http://www.costsegregationguys.com or schedule a complimentary consultation.

About Cost Segregation Guys

Cost Segregation Guys is a leading provider of cost segregation services, specializing in helping real estate investors accelerate depreciation and reduce tax liabilities. With a commitment to innovation, precision, and client satisfaction, the company delivers substantial financial benefits to property owners across the country.

Media Contact

David Peterson, Cost Segregation Guys, +1(406) 626-7978, Hey@costsegregationguys.com, https://costsegregationguys.com/

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