Market Overview:
The global residential solar shades market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient solutions and rising awareness about the benefits of solar shades. In terms of type, fabric solar shades are expected to dominate the market during the forecast period, owing to their low cost and easy installation. However, aluminum solar shades are also gaining popularity due to their high durability and insulation properties. In terms of application, public buildings are expected to account for a major share of the global residential solar shade market during the forecast period. This can be attributed to government initiatives aimed at promoting energy efficiency in public buildings through measures such as subsidies and tax rebates.
Product Definition:
Residential solar shades are window treatments designed to reduce the amount of sunlight that enters a room, thereby reducing cooling costs in the summer and heating costs in the winter. Solar shades can also improve comfort and privacy by blocking out direct sunlight.
Fabric Solar Shades:
Fabric solar shades are a type of window covering that is made up of fabric with no, or very little, glass. The main purpose of these products is to protect the interior from direct sunlight. They can also help keep rooms cooler in summer and warmer in winter.
The global market for residential solar shades has been growing at a steady pace over the past few years.
Aluminum Solar Shades:
Aluminum solar shades are a type of window film that is applied to the windows of residential buildings. It helps in reducing solar heat gain and fading by dispersing light within the room. The product also provides privacy and reduces glare, which makes it suitable for use in homes as well as offices.
The global aluminum solar shades market size was valued at USD 1,19 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2022.
Application Insights:
The market is segmented based on application into public building and residential building. The public buildings segment dominated the market in 2017, accounting for over 60% of total revenue share. Factors such as rising government initiatives to promote renewable energy sources including solar shades are expected to drive the demand for residential solar shades over the forecast period.
Solar control curtains offer thermal insulation by reducing heat gain or loss through walls by 50%. They also reduce glare by approximately 20%, which helps keep rooms cooler during summer months and warmer in winter months, thereby reducing electricity bills. These products help lower greenhouse gas emissions produced from space heating or cooling applications, thereby lowering carbon footprint while promoting energy sustainability at no additional cost to consumers.
Regional Analysis:
In 2017, North America accounted for the largest market share of more than 30% in terms of revenue. The growth is attributed to increasing awareness regarding the benefits offered by solar energy along with favorable government initiatives. For instance, according to a blog published on January 22nd 2018 by Greentech Media, residential and commercial customers in California can now benefit from financial incentives provided by the state government for installing solar panels on their buildings. Such initiatives are expected to boost demand over next eight years across North America region.
Asia Pacific is anticipated to be one of the fastest-growing regions owing to rapid urbanization and growing population across countries such as China and India which has resulted into increased demand for electricity supply through renewable energy sources such as solar power thereby driving industry growth over next eight years.
Growth Factors:
- Increasing awareness about the benefits of solar shades among consumers
- Rising demand for energy-efficient products across the globe
- Growing popularity of sustainable living practices among consumers
- Proliferation of online retail platforms that offer a wide range of solar shades at competitive prices
- Government initiatives and subsidies aimed at promoting the adoption of renewable energy technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Solar Shades Market Research Report
By Type
Fabric Solar Shades, Aluminum Solar Shades
By Application
Public Building, Residential Building
By Companies
Hunter Douglas, Lutron, Kawneer, Warema, Draper, EFCO Corporation, QMotion, Rainier Industries, C/S Corporate, Unicel Architectural, Hunter Douglas, Levolux, Perfection Architectural Systems, Insolroll, Altex, Louvolite
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Residential Solar Shades Market Report Segments:
The global Residential Solar Shades market is segmented on the basis of:
Types
Fabric Solar Shades, Aluminum Solar 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
Public Building, Residential Building
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:
- Hunter Douglas
- Lutron
- Kawneer
- Warema
- Draper
- EFCO Corporation
- QMotion
- Rainier Industries
- C/S Corporate
- Unicel Architectural
- Hunter Douglas
- Levolux
- Perfection Architectural Systems
- Insolroll
- Altex
- Louvolite
Highlights of The Residential Solar 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:
- Fabric Solar Shades
- Aluminum Solar Shades
- By Application:
- Public Building
- Residential Building
- 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 Residential Solar 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?
Residential solar shades are a type of window coverings that can be installed on your home to help reduce energy costs. Solar shades are made from a variety of materials, including vinyl, polyester, and cotton. They come in different colors and styles to suit your needs. Solar shades can be attached to the window using magnets or Velcro straps.
Some of the major players in the residential solar shades market are Hunter Douglas, Lutron, Kawneer, Warema, Draper, EFCO Corporation, QMotion, Rainier Industries, C/S Corporate, Unicel Architectural, Hunter Douglas, Levolux, Perfection Architectural Systems, Insolroll, Altex, Louvolite.
The residential solar shades market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Solar 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 Residential Solar Shades Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Solar 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 Residential Solar 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 Residential Solar Shades Market Size & Forecast, 2018-2028
4.5.1 Residential Solar Shades Market Size and Y-o-Y Growth
4.5.2 Residential Solar Shades Market Absolute $ Opportunity
Chapter 5 Global Residential Solar 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 Residential Solar Shades Market Size Forecast by Type
5.2.1 Fabric Solar Shades
5.2.2 Aluminum Solar Shades
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Residential Solar 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 Residential Solar Shades Market Size Forecast by Applications
6.2.1 Public Building
6.2.2 Residential Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Solar 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 Residential Solar 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 Residential Solar Shades Analysis and Forecast
9.1 Introduction
9.2 North America Residential Solar 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 Residential Solar Shades Market Size Forecast by Type
9.6.1 Fabric Solar Shades
9.6.2 Aluminum Solar 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 Residential Solar Shades Market Size Forecast by Applications
9.10.1 Public Building
9.10.2 Residential Building
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 Residential Solar Shades Analysis and Forecast
10.1 Introduction
10.2 Europe Residential Solar 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 Residential Solar Shades Market Size Forecast by Type
10.6.1 Fabric Solar Shades
10.6.2 Aluminum Solar 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 Residential Solar Shades Market Size Forecast by Applications
10.10.1 Public Building
10.10.2 Residential Building
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 Residential Solar Shades Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Residential Solar 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 Residential Solar Shades Market Size Forecast by Type
11.6.1 Fabric Solar Shades
11.6.2 Aluminum Solar 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 Residential Solar Shades Market Size Forecast by Applications
11.10.1 Public Building
11.10.2 Residential Building
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 Residential Solar Shades Analysis and Forecast
12.1 Introduction
12.2 Latin America Residential Solar 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 Residential Solar Shades Market Size Forecast by Type
12.6.1 Fabric Solar Shades
12.6.2 Aluminum Solar 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 Residential Solar Shades Market Size Forecast by Applications
12.10.1 Public Building
12.10.2 Residential Building
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) Residential Solar Shades Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Residential Solar 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) Residential Solar Shades Market Size Forecast by Type
13.6.1 Fabric Solar Shades
13.6.2 Aluminum Solar 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) Residential Solar Shades Market Size Forecast by Applications
13.10.1 Public Building
13.10.2 Residential Building
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 Residential Solar Shades Market: Competitive Dashboard
14.2 Global Residential Solar Shades Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hunter Douglas
14.3.2 Lutron
14.3.3 Kawneer
14.3.4 Warema
14.3.5 Draper
14.3.6 EFCO Corporation
14.3.7 QMotion
14.3.8 Rainier Industries
14.3.9 C/S Corporate
14.3.10 Unicel Architectural
14.3.11 Hunter Douglas
14.3.12 Levolux
14.3.13 Perfection Architectural Systems
14.3.14 Insolroll
14.3.15 Altex
14.3.16 Louvolite
