Market Overview:
The global electric shutters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the electric shutters market can be attributed to the increasing demand for energy-efficient solutions and rising awareness about safety and security among consumers. The global electric shutters market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into front roller shutters and built-in roller shutters. The front roller shutter segment is expected to dominate the global electric shutter market during the forecast period owing to its easy installation and low maintenance requirements. On the basis of application,the market is divided into indoor applicationsand outdoor applications.
Product Definition:
Electric shutters are a type of window covering that uses an electric motor to open and close the shutter. They are typically used in commercial or industrial applications where security is a concern, as they can be closed quickly to restrict access.
Front Roller Shutters:
The front roller shutters are one of the most popular types of electric shutters. It is also among the cost-effective solutions for window covering solution which is expected to drive market growth over the forecast period. The product has a simple mechanism, which consists of a main shaft, two or four wheels and an arm that can be raised and lowered by a cord or chain.
Built-in Roller Shutters:
The built-in roller shutters are the part of a window mechanism that helps in providing protection from harsh weather and external environment. The product is made up of metal or plastic and has small wheels attached to its surface which help in moving the shutters along with ease. It also helps in providing an aesthetic appeal to the window as it can be fixed on both interior and exterior surfaces of windows.
Application Insights:
The indoor application segment accounted for the largest share of exceeding 60.0% in 2017. The growing trend of living room remodeling is expected to remain a prominent factor driving the demand for electric shutters over the next few years. In addition, increasing spending on home dĩcor and furnishing is anticipated to further fuel product demand in this segment.
The outdoor application segment is projected to witness significant growth over the forecast period owing to rising investments by governments and private institutions in infrastructure development, including sports complexes and stadiums, airports, marinas etcetera across various regions including Asia Pacific and Middle East & Africa countries.
Regional Analysis:
North America accounted for the largest market share of over 35% in 2017. The region is expected to witness a growth rate of 4.6% from 2018 to 2030 owing to the presence of prominent electric window manufacturers such as Hunter Douglas Inc., and Schuler AG & Co. KG, coupled with stringent building codes that mandate energy efficiency in commercial spaces, especially offices and schools across U.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid urbanization along with increasing construction activities in emerging countries such as China, India, Malaysia.
Growth Factors:
- Increasing demand for electric shutters in the construction industry as a result of growing awareness about their benefits over traditional shutters.
- Rising demand from the automotive sector for electric shutters in applications such as sunroofs and convertible roofs.
- Growing popularity of automated home systems, which is driving demand for electric shutter products that can be controlled remotely.
- Increasing use of electric shutters in retail stores and other commercial applications to improve security and restrict access to specific areas.
- Technological advancements that have led to the development of more energy-efficient and durable electric shutter products
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Shutters Market Research Report
By Type
Front Roller Shutters, Built-in Roller Shutters
By Application
Indoor, Outdoor
By Companies
Heroal, Somfy, Rollashield, Servis Climax, Arrow Security Shutters, HELLA, Trellidor, KRGS Doors, Ozroll, Southside Security Doors, Roché, Austral Monsoon, Sanki Quality Products, Veka, Ripo-baltic, Blockout Shutters, ROMA, Schenker Storen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electric Shutters Market Report Segments:
The global Electric Shutters market is segmented on the basis of:
Types
Front Roller Shutters, Built-in Roller Shutters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Indoor, Outdoor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Heroal
- Somfy
- Rollashield
- Servis Climax
- Arrow Security Shutters
- HELLA
- Trellidor
- KRGS Doors
- Ozroll
- Southside Security Doors
- Roché
- Austral Monsoon
- Sanki Quality Products
- Veka
- Ripo-baltic
- Blockout Shutters
- ROMA
- Schenker Storen
Highlights of The Electric Shutters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Front Roller Shutters
- Built-in Roller Shutters
- By Application:
- Indoor
- Outdoor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Shutters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric shutters are a type of window treatment that use electricity to close and open the window. They are typically more expensive than other types of window treatments, but they can be very energy-efficient, which is why they are popular among some homeowners.
Some of the major companies in the electric shutters market are Heroal, Somfy, Rollashield, Servis Climax, Arrow Security Shutters, HELLA, Trellidor, KRGS Doors, Ozroll, Southside Security Doors, RochƒÂ©, Austral Monsoon, Sanki Quality Products, Veka, Ripo-baltic, Blockout Shutters, ROMA, Schenker Storen.
The electric shutters market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Shutters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Shutters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Shutters Market - Supply Chain
4.5. Global Electric Shutters Market Forecast
4.5.1. Electric Shutters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Shutters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Shutters Market Absolute $ Opportunity
5. Global Electric Shutters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Shutters Market Size and Volume Forecast by Type
5.3.1. Front Roller Shutters
5.3.2. Built-in Roller Shutters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Shutters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Shutters Market Size and Volume Forecast by Application
6.3.1. Indoor
6.3.2. Outdoor
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Shutters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Shutters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Shutters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Shutters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Shutters Demand Share Forecast, 2019-2026
9. North America Electric Shutters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Shutters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Shutters Market Size and Volume Forecast by Application
9.4.1. Indoor
9.4.2. Outdoor
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Shutters Market Size and Volume Forecast by Type
9.7.1. Front Roller Shutters
9.7.2. Built-in Roller Shutters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Shutters Demand Share Forecast, 2019-2026
10. Latin America Electric Shutters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Shutters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Shutters Market Size and Volume Forecast by Application
10.4.1. Indoor
10.4.2. Outdoor
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Shutters Market Size and Volume Forecast by Type
10.7.1. Front Roller Shutters
10.7.2. Built-in Roller Shutters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Shutters Demand Share Forecast, 2019-2026
11. Europe Electric Shutters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Shutters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Shutters Market Size and Volume Forecast by Application
11.4.1. Indoor
11.4.2. Outdoor
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Shutters Market Size and Volume Forecast by Type
11.7.1. Front Roller Shutters
11.7.2. Built-in Roller Shutters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysi
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Shutters Demand Share, 2019-2026
12. Asia Pacific Electric Shutters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Shutters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Shutters Market Size and Volume Forecast by Application
12.4.1. Indoor
12.4.2. Outdoor
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Shutters Market Size and Volume Forecast by Type
12.7.1. Front Roller Shutters
12.7.2. Built-in Roller Shutters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Shutters Demand Share, 2019-2026
13. Middle East & Africa Electric Shutters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Shutters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Shutters Market Size and Volume Forecast by Application
13.4.1. Indoor
13.4.2. Outdoor
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Shutters Market Size and Volume Forecast by Type
13.7.1. Front Roller Shutters
13.7.2. Built-in Roller Shutters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Shutters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Shutters Market: Market Share Analysis
14.2. Electric Shutters Distributors and Customers
14.3. Electric Shutters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Heroal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Somfy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rollashield
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Servis Climax
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Arrow Security Shutters
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HELLA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trellidor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KRGS Doors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ozroll
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Southside Security Doors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Roché
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Austral Monsoon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sanki Quality Products
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Veka
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ripo-baltic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Blockout Shutters
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ROMA
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Schenker Storen
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
