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Global Solar Shading Systems Market Report by Product Type, Geometry, Mechanism, Material, and Region 2023-2028

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    Report

  • 145 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5912023

Quick Summary:

In the ever-evolving landscape of construction and architectural design, the adoption of innovative solar shading systems is paramount for sustainable and energy-efficient building projects. As global trends shift towards environmentally conscious construction, the market for solar shading solutions exhibits a forward momentum, driven by their pivotal role in reducing energy consumption and enhancing occupant comfort.

Navigating this dynamic market requires comprehensive insights and data, which a detailed market research report can provide. For the discerning senior executive, such a report offers a thorough analysis of key market drivers, including advancements in smart city developments, the growth of green buildings, and the integration of IoT technologies. These insights are critical for strategic decision-making, enabling businesses to capitalize on market opportunities and maintain a competitive edge.

This report, encompassing a broad view of product types, geometries, mechanisms, and materials, provides an extensive segmentation analysis. It delivers a granular examination of the global solar shading systems market, offering valuable forecasts and identifying emerging trends to support informed choices in product development, market expansion, and innovation efforts. The data presented is crucial for businesses aiming to align themselves with market demands and lead in the realm of sustainable construction solutions.

The global solar shading systems market size reached US$ 11.3 Billion in 2022. Looking forward, the market is expected to reach US$ 13.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.51% during 2022-2028.

Solar shading system is a colling solution used for maintaining the internal temperature of an enclosed space against heat gain and reducing excessive glare. It can be used in all climatic conditions and latitudes to improve the thermal and daylighting performance of a building and to prevent the permeation of solar radiations. Solar shading systems are manufactured using fabrics or metals, such as aluminum, wood or iron and are installed at windows, doors, patios or facades of the buildings. They are commonly available in the form of blinds, shades and louvers in horizontal, vertical or egg-crate geometric styles. They are usually fixed or can be operated manually or through a motor. As a result, they are extensively used across industrial, commercial and residential constructions.

Solar Shading Systems Market Trends

Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing development of smart cities is providing a thrust to the market growth. Aluminum-based solar shading systems are widely used in green buildings to minimize the energy load from the grid. In line with this, rising environmental consciousness among the masses is also contributing to the growth of the market. Consumers are widely adopting solar shading systems in commercial and industrial spaces to minimize their energy consumption and carbon footprint. Additionally, the launch of shading systems in aesthetically appealing designs, shapes and colors is acting as another growth-inducing factor. Product manufacturers are developing variants that can be integrated with the Internet of Things (IoT) and Bluetooth technologies to facilitate automatic adjustments and enhance the comfort for the user. Other factors, including extensive infrastructural developments, especially in the developing economies, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global solar shading systems market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product type, geometry, mechanism and material.

Breakup by Product Type:

  • Blinds
  • Shades
  • Louvers
  • Textiles

Breakup by Geometry:

  • Horizontal
  • Vertical
  • Egg-Crate

Breakup by Mechanism:

  • Fixed
  • Manual
  • Motorized

Breakup by Material:

  • Metal
  • Glass
  • Wood

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Duco Ventilation & Sun Control, Glasscon GmbH, Hunter Douglas Inc., Insolroll Corporate, Kawneer (Arconic Corporation), Lutron Electronics Co. Inc, Skyco Shading Systems Inc., Springs Window Fashions, Unicel Architectural Corp. and WAREMA Renkhoff SE.

Key Questions Answered in This Report

1. How big is the global solar shading systems market?
2. What is the expected growth rate of the global solar shading systems market during 2023-2028?
3. What are the key factors driving the global solar shading systems market?
4. What has been the impact of COVID-19 on the global solar shading systems market?
5. What is the breakup of the global solar shading systems market based on the product type?
6. What is the breakup of the global solar shading systems market based on the mechanism?
7. What are the key regions in the global solar shading systems market?
8. Who are the key players/companies in the global solar shading systems market?
Frequently Asked Questions about the Global Solar Shading Systems Market

What is the estimated value of the Global Solar Shading Systems Market?

The Global Solar Shading Systems Market was estimated to be valued at $11.3 Billion in 2022.

What is the growth rate of the Global Solar Shading Systems Market?

The growth rate of the Global Solar Shading Systems Market is 3.5%, with an estimated value of $13.9 Billion by 2028.

What is the forecasted size of the Global Solar Shading Systems Market?

The Global Solar Shading Systems Market is estimated to be worth $13.9 Billion by 2028.

Who are the key companies in the Global Solar Shading Systems Market?

Key companies in the Global Solar Shading Systems Market include Amorepacific Corporation, Beiersdorf AG, Guerlain (LVMH Moët Hennessy, Louis Vuitton), Kracie Holdings Ltd. (Hoyu Co. Ltd.), L'Oréal S.A., Neutrogena Corporation (Johnson & Johnson), Procter & Gamble Company, Shiseido Company Limited and The Estée Lauder Companies Inc.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Solar Shading Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Blinds
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Shades
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Louvers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Textiles
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Geometry
7.1 Horizontal
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Vertical
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Egg-Crate
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Mechanism
8.1 Fixed
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Manual
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Motorized
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Material
9.1 Metal
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Glass
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Wood
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Duco Ventilation & Sun Control
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Glasscon GmbH
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Hunter Douglas Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Insolroll Corporate
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Kawneer (Arconic Corporation)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Lutron Electronics Co. Inc
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 SWOT Analysis
15.3.7 Skyco Shading Systems Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Springs Window Fashions
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Unicel Architectural Corp.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 WAREMA Renkhoff SE
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio

Companies Mentioned

  • Duco Ventilation & Sun Control
  • Glasscon GmbH
  • Hunter Douglas Inc.
  • Insolroll Corporate
  • Kawneer (Arconic Corporation)
  • Lutron Electronics Co. Inc
  • Skyco Shading Systems Inc.
  • Springs Window Fashions
  • Unicel Architectural Corp.
  • WAREMA Renkhoff SE

Methodology

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