0
2021
Solar Shading Systems Market

Solar Shading Systems Market

by Product Type (Blinds, Shades, Louvers, and Textiles), Geometry (Horizontal, Vertical, and Egg-Crate), Mechanism (Fixed, Manual, and Motorized), and Material (Metal, Glass, Wood, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

Report Code: A05986
Pages: 464
Mar 2021 | 8250 Views
Author(s) : Amol P, Amar C
Tables: 434
Charts: 57
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Solar Shading Systems Market

Request Now !

Solar Shading Systems Market Outlook - 2027

The global solar shading systems market size was $17,550.0 million in 2019, and is projected to reach $21,348.2 million by 2027, registering a CAGR of 3.9% from 2020 to 2027. Based on product type, the blinds segment held over 40.0% of the global solar shading systems market share in 2019 and is expected to witness significant growth during the forecast period. 

The COVID-19 pandemic has negatively affected the global solar shading systems market mainly duestoppage in international trade, prolonged lockdowns, and ceased processes in manufacturing and construction industry.

Solar shading systems eliminate the permeation of sun rays in the buildings. Besides, they seek substantial adoption to shield against the overheating of commercial and residential spaces. These systems provide robust architectural solutions and features for solar protection & shading. 

Solar-Shading-Systems

Further, they entirely change the look of a refurbished or a new building by making a spectacular design influence while reducing energy costs by lessening solar heat gains. They are suitable for schools, offices, and other public and commercial buildings, both refurbished and new. In addition, solar shading can benefit to meet the energy conservation necessities of building regulations while lowering building running costs and growing comfort for occupants.

In Latin America and the Middle East, increase in demand for solar shading from the residential and commercial sectors is confined to few countries with substantial economic growth. In addition, an increased focus on sustainability and renewables is estimated to contribute to the growth of the market. Latin America experiences substantial adoption and growth in the solar shading systems market. An increase in investment in high-end technological solar shading systems by countries such as Germany, France, and the UK is a key factor that fuels the growth of the market. 

A rise in residential construction activities, is estimated to further boost the solar shading systems market growth. According to the German Construction Federation (ZDB) and the German Construction Industry Federation (HDB) this 4% growth in the German construction sector translates to $124.45 billion.

A rise in need of solar shading systems in residential and commercial construction activities, owing to features such as aesthetic look of building, availability in attractive shapes, and colors, fuels the growth of the solar shading systems market. 

However, high cost required for installing solar shading is anticipated to restrain the growth of solar shading systems market. For instance, the typical range of an average-sized motorized solar shading system with installation for a residential project is $320-$650 per average window. Moreover, the price of a fixed or retractable solar shading system can cost more in case of a heavier metal blade and sheathing material. This may affect the market in regions where customers prefer less expensive options.

On the contrary, technological advancement such as motorized solar shading system, and sensor based solar shading systems, is anticipated to provide lucrative opportunities for growth of the solar shading systems market. 
 
The global solar shading systems market is segmented on the basis of product type, mechanism, geometry, material, and region.  Based on the product type, the market is segregated into the blinds, shades, louvers, and textiles. The blinds segment registered the highest share in 2019. The louver segment is further sub divided into horizontal & vertical, and internal & external. 

Solar Shading Systems Market
By Product Type

Your browser does not support the canvas element.

Blinds segment holds dominant position in 2019

Get more information on this report : Request Sample Pages

Based on mechanism, the market classified is into fixed, manual, and motorized. Depending on geometry, the market is divided into horizontal, vertical, and egg-crate. The material segment is further divided into metal, glass, wood, and others

Region-wise, the solar shading systems market is analyzed across North America (Mexico, and rest of North America), Europe (Germany, France, UK, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Thailand, Taiwan, Vietnam, Australia, and Rest of Asia-Pacific), Latin America and Middle East (Brazil, Colombia, Costa Rica, and Rest of Latin America and Middle East, and Africa (South Africa, Kenya, and Rest of Africa). North America is expected to dominate the market throughout the forecast period. Asia-Pacific is projected to experience high growth during the forecast period owing to expansion of the construction industry in the region.

Solar Shading Systems Market
By Mechanism

Your browser does not support the canvas element.

Motorized segment is expected to grow at a significant CAGR

Get more information on this report : Request Sample Pages

Competition Analysis

The key market players profiled in the report of the global solar shading systems market include Duco Ventilation & Sun Control, Glasscon GmbH, Hunter Douglas, Insolroll, Kawneer, Lutron, Skyco Shading Systems, Inc., Springs Window Fashions, Unicel Architectural, and WAREMA Nederland B.V.

The key players in this market adopted product launch as their key strategies to meet the change in consumer demands. For instance, in September 2019, Lutron Electronics Co., Inc. added proficiencies within its trusted and reliable Sivoia quiet motorized shade product line by introducing Lutron Roller 64. The new Roller 64 product family is equipped with WIDR technology that can support solar shades up to a width of 12 feet, and it is efficient enough to fit into a 4-inch square pocket. In addition, these shades can be built slimmer -- down to 17.5 inches, an inch narrower than its earlier product line.

Solar Shading Systems Market
By Region

2027
North America 
Europe
Asia-Pacific
Africa
Latin America and Middle East

Europe is expected to dominate the market during the forecast period.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging solar shading systems market trends and dynamics.  
  • In-depth market analysis is conducted by solar shading systems market estimations for the key market segments between 2019 and 2027. 
  • Extensive solar shading systems market analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global solar shading systems market forecast analysis from 2020 to 2027 is included in the report.
  • The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the solar shading systems market.

Global Solar Shading Systems Market Segments

By Product Type

  • Blinds
  • Shades
  • Louvers
  • Textiles

By Geometry

  • Horizontal
  • Vertical
  • Egg-Crate

By Mechanism 

  • Fixed
  • Manual
  • Motorized

By Material

  • Metal
  • Glass
  • Wood
  • Others

By Region

  • North America
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • Spain
    • UK
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Taiwan
    • Vietnam
    • Australia
    • Rest of Asia-Pacific
  • Latin America and Middle East
    • Brazil
    • Colombia
    • Costa Rica
    • Rest of Latin America and Middle East
  • Africa
    • South Africa
    • Kenya
    • Rest of Africa
 

Loading Table Of Content...


 
 

The solar shading systems are broadly used in residential and commercial buildings. In accordance with several interviews conducted, the demand for solar shading systems has increased due to rise in demand for energy savings and solar protection.

Leading companies, such as Hunter Douglas and Kawneer, have witnessed significant growth and expansion of their overall consumer base in the past few years, as they offer numerous types of solar shading systems with attractive features across the globe. Moreover, innovative marketing and positioning strategies have influenced the expansion of the global Solar Shading Systems Market.

According to the perspectives of CXOs of leading companies, the Solar Shading Systems Market is expected to witness significant growth during the study period, due to development in the window industry and surge in the support offered by governments through incentives in the coming years. Besides, the usage of solar shading systems in the application segment such as window and patio buildings, is expected to increase across the world due to lowering of costs of this equipment.

Besides, solar energy being a natural source does not cause air pollution; hence, it is estimated to boost the growth of the market during the forecast period. North America is projected to be the highest revenue contributor, whereas Asia-Pacific is expected to offer lucrative growth opportunities to the key players in this market. However, high initial purchasing costs and increased installation cost of motorized systems hamper the growth of the market. On the contrary, technological advancements such as the implementation of sensors and remote control offer remunerative opportunities for the market.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The global solar shading systems market size was $17,550.0 million in 2019 and is projected to reach $21,348.2 million in 2027, growing at a CAGR of 3.9% from 2020 to 2027.

A. The forecast period considered for the solar shading systems market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. To get latest version of global solar shading systems market report can be obtained on demand from the website.

A. The base year considered in the global solar shading systems market is 2019.

A. The report for global solar shading systems market doesn’t provide Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Based on mechanism, the motorized segment is expected to be the most influencing segment growing in the global solar shading systems market report.

A. Based on product type segment in 2019, the blinds segment generated the highest revenue, accounting for around two-fifths of the market share, and is projected to grow at a CAGR of 3.3% from 2020 to 2027.

A. The report contains an exclusive company profile section, where the leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The key trending market based on the geometry in the global solar shading systems market is the horizontal segment.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Solar Shading Systems Market

Start reading instantly.
This Report and over 19,614+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,840
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2022 - Mar 2023)
  • Data Pack
  • $4,380
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2022 - Mar 2023)
  • Single User
  • $6,090
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2022 - Mar 2023)
  • Five Users
  • $6,630
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2022 - Mar 2023)
  • Enterprise
    License/PDF

  • $10,500
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2022 - Mar 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers