Core Viewpoint - The curtain wall market is shifting towards intelligent integration and sustainability, with a focus on high-performance materials and technologies that enhance energy efficiency and aesthetic appeal [3][19]. Market Overview - The global curtain wall engineering market is projected to reach $116.20 billion in 2024 and is expected to grow to $168.01 billion by 2031, with a compound annual growth rate (CAGR) of 5.54% [3]. - The Chinese market is rapidly evolving, with a projected size of $69.45 billion in 2024, accounting for approximately 59.77% of the global market, and expected to reach $107.60 billion by 2031, increasing its global share to 64.05% [3]. Product Segmentation - Glass curtain walls remain the most favored type, holding about 55% market share in 2024 [4]. - The commercial building sector is the largest consumer of curtain walls, accounting for approximately 63% of consumption, with an expected market size of $103.47 billion by 2031 and a CAGR of 4.89% [11]. Technological Innovations - The integration of IoT in curtain walls will enable features like environmental sensing, intelligent shading, and energy-saving systems [3]. - Innovations such as smart curtain walls with integrated temperature control and air purification functions are becoming more prevalent, with their application in smart buildings rising to 35% [20]. Sustainability Trends - The market for photovoltaic building-integrated curtain walls (BIPV) is experiencing a CAGR of over 20%, becoming a key growth area under carbon neutrality goals [19]. - The use of aluminum curtain walls, which have an 80% recycling rate, is accelerating as a low-carbon alternative to traditional materials [19]. Urbanization and Demand - Accelerated urbanization in emerging markets, particularly in Southeast Asia and the Middle East, is driving a robust demand for commercial complexes and public buildings, with an annual increase in curtain wall engineering demand of approximately 12% [17]. - In China, urban village renovations are expected to release over 50 billion yuan in demand for curtain wall updates, focusing on energy-efficient retrofitting of existing buildings [17]. Competitive Landscape - Key players in the curtain wall engineering market include Jianghe Group, Schüco, YKK AP, and others, with a focus on market share, product types, and development plans [28].