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- Insolroll Window Shading Systems
- Lutron Electronics Co. Inc
- Hunter Douglas N.V.
- Springs Window Fashions, LLC
- Arconic Corporation(Kawneer Benelux)
- Duco Ventilation & Sun Control
- Unicel Architechtural Corp.
- Skyco Shading Systems, Inc.
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Global Residential Solar Shading System Market is valued approximately at USD 6.9 billion in 2023 and is anticipated to grow with a growth rate of more than 3.60% over the forecast period 2024-2032. A Residential Solar Shading System consists of devices or structures installed on or around a home to regulate sunlight entering the interior. These systems often include awnings, shades, blinds, or shutters positioned to block or filter sunlight, thereby reducing glare, heat gain, and UV radiation inside the house. Advanced systems may feature smart technologies, such as sensors or automated controls, to adjust shading based on the sun's position or preferred indoor comfort level. The growing awareness about the environmental concerns and the importance of energy conservation is leading to the adoption of more energy-efficient shading solutions. This includes the use of materials with high thermal insulation properties to minimize heat gain and reduce the need for artificial cooling.
Rising awareness about the need for energy conservation and sustainability is a significant driver. Homeowners are seeking ways to reduce energy consumption and lower utility bills, driven by rising home improvement activities and remodeling activities across the globe leading to growing demand for shading systems to mitigate solar heat gain and enhance energy efficiency. Therefore, it is anticipated that rising investment in interior design and retrofitting activities would rise the demand for Residential Solar Shading System. Furthermore, the residential solar shading system market is driven by increased investment in the development of green buildings and rising urbanization and population growth. However, high initial cost and complexity of installation, on the other hand, is expected to stifle the market growth between 2022 and 2032.
The key regions considered for the global Residential Solar Shading System market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is forecast to maintain its market dominance in terms of revenue throughout the projected period, while Asia-Pacific is anticipated to witness fastest growth, fueled by the expanding construction sector in the region. Major industry players are actively establishing manufacturing facilities in these markets to bolster production capacities and cater to the growing demand from Asian construction industries. Additionally, a report by the Overseas Development Institute (ODI) headquartered in London highlights the robust economic growth of the Asian region, which surged by 6% in 2017 and is expected to continue its significant expansion until 2025. This economic momentum is driving overall growth in construction and manufacturing facilities within the region.
Major market player included in this report are:
- WAREMA Nederland B.V.
- Glasscon GmbH
- Insolroll Window Shading Systems
- Lutron Electronics Co. Inc
- Hunter Douglas N.V.
- Springs Window Fashions, LLC
- Arconic Corporation (Kawneer Benelux)
- Duco Ventilation & Sun Control
- Unicel Architechtural Corp.
- Skyco Shading Systems, Inc.
The detailed segments and sub-segment of the market are explained below:
By Product Type
- Blinds
- Shades
- Louvers
- Textiles
By Material
By Mechanism
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Residential Solar Shading System Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. Global Residential Solar Shading System Market Size & Forecast (2022- 2032)
- 2.2. Regional Summary
- 2.3. Segmental Summary
- 2.3.1. By Product Type
- 2.3.2. By Material
- 2.3.3. By Mechanism
- 2.4. Key Trends
- 2.5. Recession Impact
- 2.6. Analyst Recommendation & Conclusion
Chapter 3. Global Residential Solar Shading System Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. Global Residential Solar Shading System Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Residential Solar Shading System Market Size & Forecasts by Product Type 2022-2032
- 5.1. Blinds
- 5.2. Shades
- 5.3. Louvers
- 5.4. Textiles
Chapter 6. Global Residential Solar Shading System Market Size & Forecasts by Material 2022-2032
- 6.1. Metal
- 6.2. Glass
- 6.3. Wood
- 6.4. Others
Chapter 7. Global Residential Solar Shading System Market Size & Forecasts by Mechanism 2022-2032
- 7.1. Fixed
- 7.2. Manual
- 7.3. Motorized
Chapter 8. Global Residential Solar Shading System Market Size & Forecasts by Region 2022-2032
- 8.1. North America Residential Solar Shading System Market
- 8.1.1. U.S. Residential Solar Shading System Market
- 8.1.1.1. Product Type breakdown size & forecasts, 2022-2032
- 8.1.1.2. Material breakdown size & forecasts, 2022-2032
- 8.1.1.3. Mechanism breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Residential Solar Shading System Market
- 8.2. Europe Residential Solar Shading System Market
- 8.2.1. U.K. Residential Solar Shading System Market
- 8.2.2. Germany Residential Solar Shading System Market
- 8.2.3. France Residential Solar Shading System Market
- 8.2.4. Spain Residential Solar Shading System Market
- 8.2.5. Italy Residential Solar Shading System Market
- 8.2.6. Rest of Europe Residential Solar Shading System Market
- 8.3. Asia-Pacific Residential Solar Shading System Market
- 8.3.1. China Residential Solar Shading System Market
- 8.3.2. India Residential Solar Shading System Market
- 8.3.3. Japan Residential Solar Shading System Market
- 8.3.4. Australia Residential Solar Shading System Market
- 8.3.5. South Korea Residential Solar Shading System Market
- 8.3.6. Rest of Asia Pacific Residential Solar Shading System Market
- 8.4. Latin America Residential Solar Shading System Market
- 8.4.1. Brazil Residential Solar Shading System Market
- 8.4.2. Mexico Residential Solar Shading System Market
- 8.4.3. Rest of Latin America Residential Solar Shading System Market
- 8.5. Middle East & Africa Residential Solar Shading System Market
- 8.5.1. Saudi Arabia Residential Solar Shading System Market
- 8.5.2. South Africa Residential Solar Shading System Market
- 8.5.3. Rest of Middle East & Africa Residential Solar Shading System Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. WAREMA Nederland B.V.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Glasscon GmbH
- 9.3.3. Insolroll Window Shading Systems
- 9.3.4. Lutron Electronics Co. Inc
- 9.3.5. Hunter Douglas N.V.
- 9.3.6. Springs Window Fashions, LLC
- 9.3.7. Arconic Corporation (Kawneer Benelux)
- 9.3.8. Duco Ventilation & Sun Control
- 9.3.9. Unicel Architechtural Corp.
- 9.3.10. Skyco Shading Systems, Inc.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
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