The Window Installation industry exhibits a low level of market share concentration, in line with other specialty trade contractor industries. In 2019, the top four largest operators are anticipated to collectively generate under 10.0% of annual industry revenue, indicating a low level of market share concentration. While there are no major players in the market, top companies include Window World Inc., American Vision Windows and Champion Windows.
Minimal merger and acquisition activity
· Over the five years to 2019, the industry has continued to be defined by minimal consolidation efforts amongst small- and medium-sized operators. The industry is characterized by few barriers to entry, as the capital requirements for tools used by window installation contractors are relatively minor compared with those of other construction industries. Furthermore, the industry is comprised of a high number of individual participants, many of whom operate on a nonemployer basis. This industry's regulatory and competitive environment enables many industry operators to compete locally on the bases of price and quality of service, discouraging consolidation activity among operators.
Quality and reputation drive internal competition
· Industry operators compete primarily on the bases of price, quality of service and reputation, leading performance for the industry to fluctuate in line with demand for new contracts. Consequently, potential industry entrants must establish relationships with building contractors and homeowners to solidify a foothold within a local market. Furthermore, industry contractors benefit from a wide range of installation experience, with the most successful operators often able to install a variety of different types of windows and frames on various residential and nonresidential buildings.
Operators in this industry install windows. This industry does not include work done by general building contractors or automotive glass installation companies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.