Market Overview:
The global solar shades market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about energy conservation, growing demand for smart and energy-efficient buildings, and increasing adoption of solar shades in residential and commercial buildings. The fabric solar shades segment is expected to account for the largest share of the global solar shades market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period. The aluminum solar shade segment is projected to grow at a CAGR of 6% during the same period. Public buildings are expected to account for the largest share of the global solar shades market in 2018, followed by residential buildings.
Product Definition:
A solar shade is a type of window covering that helps to reduce the amount of heat that enters a building through its windows. Solar shades are made from an opaque material, such as cloth, vinyl or metal, and are often installed on the outside of a building's windows.
Fabric Solar Shades:
Fabric solar shades are a type of window covering, which is made up of fabric and is used to cover the entire or part of the window. It helps in reducing direct sunlight, heat, and UV rays that enter into the house through windows. The product also provides protection from natural light that can cause damage to skin along with eyes. These products have gained popularity owing to their ability to reduce fading effects on drapes as well as carpets in rooms facing sun all day long.
Aluminum Solar Shades:
Aluminum solar shades are a type of window film that is applied to the windows and doors of residential and commercial buildings. It reflects sun rays, helping to protect the interior of a building as well as reducing its temperature by about 3-4 degrees Fahrenheit during peak hours. The product is made from an aluminum sheet that has been coated with silicon dioxide, which acts as a protective layer against UV rays.
Application Insights:
Residential building was the largest application segment in 2017 and is projected to grow at a CAGR of XX% over the forecast period. Rising awareness regarding energy conservation among consumers across various regions is expected to promote solar shades as an effective way of reducing heat penetration through windows, thereby boosting product demand in this application segment.
The global expansion of retail shopping malls and high rise buildings on account of growing consumer preference for outdoor shopping experience is anticipated to boost product demand from 2018 to 2030.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global installations owing to growing adoption by end-users, such as hotels, restaurants, hospitals, schools and public buildings. Increasing awareness regarding energy conservation is also one of the major factors driving demand in this region.
The market in North America was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 due to increasing awareness about solar control technologies among consumers coupled with rising government initiatives on energy conservation across U.S., Canada and Mexico countries which are likely drive demand for these products over next eight years (2018 - 2027). Moreover, presence of prominent manufacturers including American Sun Company; Blindsgalore; Cotter Corporation; Shades Manufacturing Co.; Solar Control Technologies Inc.; SolaRoads Inc.
Growth Factors:
- Increasing demand for energy-efficient products: The global solar 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 products across the world. Solar shades are known to be one of the most efficient window treatments when it comes to conserving energy.
- Rising awareness about environment conservation: There has been a rising awareness among people about environment conservation in recent years, which is driving them towards adopting eco-friendly products such as solar shades. Solar shades help in reducing greenhouse gas emissions and conserve natural resources, making them an ideal choice for consumers who are looking to make their homes more sustainable and environmentally friendly.
- Growing popularity of smart homes: The popularity of smart homes is growing rapidly across the globe, with more and more people investing in home automation systems every day. Solar Shades are a perfect fit for smart homes as they can be controlled remotely using smartphones or other electronic devices, thus providing homeowners with added convenience and flexibility when it comes to managing their home’s lighting and cooling needs..
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Shades Market Research Report
By Type
Fabric Solar Shades, Aluminum Solar Shades
By Application
Public Building, Residential Building
By Companies
Hunter Douglas, Insolroll, Lutron, Kawneer, Warema, Draper, EFCO Corporation, QMotion, Rainier Industries, Unicel Architectural, Skyco Shading Systems, Levolux, Perfection Architectural Systems, 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Solar Shades Market Report Segments:
The global 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
- Insolroll
- Lutron
- Kawneer
- Warema
- Draper
- EFCO Corporation
- QMotion
- Rainier Industries
- Unicel Architectural
- Skyco Shading Systems
- Levolux
- Perfection Architectural Systems
- Altex
- Louvolite
Highlights of The 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 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?
Solar Shades are a type of window coverings that use solar energy to heat and cool the room. They work by using a series of mirrors or lenses to direct sunlight onto the inside surface of the window coverings, which then heats up and causes air conditioning units in the building to turn on. This process helps keep rooms cooler during warm weather and warmer during cold weather, without using electricity from an outlet.
Some of the key players operating in the solar shades market are Hunter Douglas, Insolroll, Lutron, Kawneer, Warema, Draper, EFCO Corporation, QMotion, Rainier Industries, Unicel Architectural, Skyco Shading Systems, Levolux, Perfection Architectural Systems, Altex, Louvolite.
The solar shades market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Shades 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. Solar Shades Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Shades Market - Supply Chain
4.5. Global Solar Shades Market Forecast
4.5.1. Solar Shades Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Shades Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Shades Market Absolute $ Opportunity
5. Global Solar Shades 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. Solar Shades Market Size and Volume Forecast by Type
5.3.1. Fabric Solar Shades
5.3.2. Aluminum Solar Shades
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Shades 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. Solar Shades Market Size and Volume Forecast by Application
6.3.1. Public Building
6.3.2. Residential Building
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Shades 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. Solar Shades 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 Solar Shades 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. Solar Shades 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 Solar Shades Demand Share Forecast, 2019-2026
9. North America Solar Shades 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 Solar Shades 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 Solar Shades Market Size and Volume Forecast by Application
9.4.1. Public Building
9.4.2. Residential Building
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Shades Market Size and Volume Forecast by Type
9.7.1. Fabric Solar Shades
9.7.2. Aluminum Solar Shades
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 Solar Shades Demand Share Forecast, 2019-2026
10. Latin America Solar Shades 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 Solar Shades 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 Solar Shades Market Size and Volume Forecast by Application
10.4.1. Public Building
10.4.2. Residential Building
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Shades Market Size and Volume Forecast by Type
10.7.1. Fabric Solar Shades
10.7.2. Aluminum Solar Shades
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 Solar Shades Demand Share Forecast, 2019-2026
11. Europe Solar Shades 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 Solar Shades 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 Solar Shades Market Size and Volume Forecast by Application
11.4.1. Public Building
11.4.2. Residential Building
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Shades Market Size and Volume Forecast by Type
11.7.1. Fabric Solar Shades
11.7.2. Aluminum Solar Shades
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
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 Solar Shades Demand Share, 2019-2026
12. Asia Pacific Solar Shades 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 Solar Shades 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 Solar Shades Market Size and Volume Forecast by Application
12.4.1. Public Building
12.4.2. Residential Building
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Shades Market Size and Volume Forecast by Type
12.7.1. Fabric Solar Shades
12.7.2. Aluminum Solar Shades
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 Solar Shades Demand Share, 2019-2026
13. Middle East & Africa Solar Shades 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 Solar Shades 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 Solar Shades Market Size and Volume Forecast by Application
13.4.1. Public Building
13.4.2. Residential Building
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Shades Market Size and Volume Forecast by Type
13.7.1. Fabric Solar Shades
13.7.2. Aluminum Solar Shades
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 Solar Shades Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Shades Market: Market Share Analysis
14.2. Solar Shades Distributors and Customers
14.3. Solar Shades Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hunter Douglas
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Insolroll
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lutron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kawneer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Warema
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Draper
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EFCO Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. QMotion
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rainier Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Unicel Architectural
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Skyco Shading Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Levolux
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Perfection Architectural Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Altex
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Louvolite
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
