Market Overview:
The global electronic blinds and shades market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient window coverings, rising awareness about the benefits of electronic blinds and shades, and growing adoption of smart homes. The motorized blinds segment is expected to account for the largest share of the global electronic blinds and shades market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period. The motorized shades segment is projected to grow at a CAGR of 5% during the same period. In terms of application, residential buildings are expected to account for the largest share of the global electronic blinds and shades market in 2018. This segment is projected to grow at a CAGR of 7% duringthe forecast period.
Product Definition:
Electronic Blinds and Shades are shades or blinds that can be controlled electronically. This can include raising and lowering them, opening and closing them, or tilting them to different angles. Electronic Blinds and Shades are often used in commercial settings to create a more comfortable environment for customers or employees. They can also be used in residential settings to create a more comfortable living space.
Motorized Blinds:
Motorized blinds are also known as power-driven or electric vertical and horizontal sliding doors, which are operated by a motor. They can be operated manually using a cord or automatically through an external control. The product is available in different sizes, shapes and colors; hence it can complement the interior design of the house very easily. Motorized blinds have gained popularity due to their ease of use and convenience along with providing added security to the house owners at night time.
Motorized Shades:
Motorized shades are a great innovation in the window covering industry. These shades can be operated by a remote control or even through an app on your smartphone. The technology is quite simple, it uses small DC motors to move the fabric and allows automatic opening and closing of blinds with just a press of a button. It also helps in reducing energy costs as these systems use minimal power for operation.
The global market size was valued at USD 3,852 million in 2015.
Application Insights:
The residential application segment accounted for the largest share of more than 60.0% in 2017. The rising number of households in the developed countries including Germany, France, U.K., and Italy is expected to remain a key factor driving the demand for various products including motorized blinds and shades over the forecast period. Furthermore, increasing investments by private players are expected to positively impact industry growth over the next eight years as they have entered into several agreements with foreign companies that would allow them to manufacture their product locally thus providing employment opportunities to local people in developing economies such as India and China where many electronic products are manufactured these days.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing awareness regarding energy conservation, technological advancements, and growing preference for automated systems across various industries in North America. Moreover, rising demand for privacy and security solutions among consumers is anticipated to propel industry growth over the next eight years.
Asia Pacific is expected to witness significant growth during the forecast period owing to rapid urbanization resulting into increased construction activities across emerging economies such as China.
Growth Factors:
- Increasing demand for energy-efficient and automated solutions: The global electronic blinds and shades market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for energy-efficient and automated solutions across residential, commercial, and industrial sectors.
- Rising awareness about the benefits of electronic blinds and shades: There is a growing awareness among consumers about the benefits of using electronic blinds and shades, which is expected to drive market growth during the forecast period. Some of these benefits include improved insulation properties, reduced glare, enhanced security, etc.
- Growing popularity of smart homes: The popularity of smart homes is another key factor that is expected to drive market growth in the coming years. Smart home automation systems offer several advantages such as convenience, energy efficiency, safety & security etc., which are contributing to their increasing adoption worldwide. Electronic blinds and shades are an important part of any smart home system as they help control light & heat infiltration into a building’s interior spaces thereby helping save on energy costs..
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Blinds and Shades Market Research Report
By Type
Motorized Blinds, Motorized Shades
By Application
Residential, Office, Shopping Mall, Industrial Building, Others
By Companies
Somfy, IKEA, Soma, Lutron Serena, Velux, Luxaflex, Crestron, Qmotion, Hunter Douglas, Mecho, Appeal, Axis Labs, Bali Autoview, Draper Inc, Blinds TO Go, BTX, Guangdong Wintom Sunshade, Guangdong Kingyitao, TOSO
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Blinds and Shades Market Report Segments:
The global Electronic Blinds and Shades market is segmented on the basis of:
Types
Motorized Blinds, Motorized Shades
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
Residential, Office, Shopping Mall, Industrial Building, Others
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:
- Somfy
- IKEA
- Soma
- Lutron Serena
- Velux
- Luxaflex
- Crestron
- Qmotion
- Hunter Douglas
- Mecho
- Appeal
- Axis Labs
- Bali Autoview
- Draper Inc
- Blinds TO Go
- BTX
- Guangdong Wintom Sunshade
- Guangdong Kingyitao
- TOSO
Highlights of The Electronic Blinds and Shades 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:
- Motorized Blinds
- Motorized Shades
- By Application:
- Residential
- Office
- Shopping Mall
- Industrial Building
- Others
- 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 Electronic Blinds and Shades 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?
Electronic Blinds and Shades are a type of window covering that use electronic controls to open and close. They are often used in offices or homes where people need to keep an eye on the weather or activity outside, but want privacy when they're not using the window.
Some of the major companies in the electronic blinds and shades market are Somfy, IKEA, Soma, Lutron Serena, Velux, Luxaflex, Crestron, Qmotion, Hunter Douglas, Mecho, Appeal, Axis Labs, Bali Autoview, Draper Inc, Blinds TO Go, BTX, Guangdong Wintom Sunshade, Guangdong Kingyitao, TOSO.
The electronic blinds and shades market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Blinds and Shades Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Blinds and Shades Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Blinds and Shades Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Blinds and Shades Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Blinds and Shades Market Size & Forecast, 2018-2028
4.5.1 Electronic Blinds and Shades Market Size and Y-o-Y Growth
4.5.2 Electronic Blinds and Shades Market Absolute $ Opportunity
Chapter 5 Global Electronic Blinds and Shades Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Blinds and Shades Market Size Forecast by Type
5.2.1 Motorized Blinds
5.2.2 Motorized Shades
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Blinds and Shades Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Blinds and Shades Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Office
6.2.3 Shopping Mall
6.2.4 Industrial Building
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Blinds and Shades Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Blinds and Shades Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Blinds and Shades Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Blinds and Shades Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Blinds and Shades Market Size Forecast by Type
9.6.1 Motorized Blinds
9.6.2 Motorized Shades
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Blinds and Shades Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Office
9.10.3 Shopping Mall
9.10.4 Industrial Building
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Blinds and Shades Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Blinds and Shades Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Blinds and Shades Market Size Forecast by Type
10.6.1 Motorized Blinds
10.6.2 Motorized Shades
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Blinds and Shades Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Office
10.10.3 Shopping Mall
10.10.4 Industrial Building
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Blinds and Shades Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Blinds and Shades Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Blinds and Shades Market Size Forecast by Type
11.6.1 Motorized Blinds
11.6.2 Motorized Shades
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Blinds and Shades Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Office
11.10.3 Shopping Mall
11.10.4 Industrial Building
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Blinds and Shades Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Blinds and Shades Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Blinds and Shades Market Size Forecast by Type
12.6.1 Motorized Blinds
12.6.2 Motorized Shades
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Blinds and Shades Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Office
12.10.3 Shopping Mall
12.10.4 Industrial Building
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Blinds and Shades Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Blinds and Shades Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Blinds and Shades Market Size Forecast by Type
13.6.1 Motorized Blinds
13.6.2 Motorized Shades
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Blinds and Shades Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Office
13.10.3 Shopping Mall
13.10.4 Industrial Building
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Blinds and Shades Market: Competitive Dashboard
14.2 Global Electronic Blinds and Shades Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Somfy
14.3.2 IKEA
14.3.3 Soma
14.3.4 Lutron Serena
14.3.5 Velux
14.3.6 Luxaflex
14.3.7 Crestron
14.3.8 Qmotion
14.3.9 Hunter Douglas
14.3.10 Mecho
14.3.11 Appeal
14.3.12 Axis Labs
14.3.13 Bali Autoview
14.3.14 Draper Inc
14.3.15 Blinds TO Go
14.3.16 BTX
14.3.17 Guangdong Wintom Sunshade
14.3.18 Guangdong Kingyitao
14.3.19 TOSO
