Global Motorized and Smart Awnings Market 2017-2021

  • ID: 4435032
  • Report
  • Region: Global
  • 98 pages
  • TechNavio
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FEATURED COMPANIES

  • ADVANING
  • AlekoAwning
  • Awntech
  • Bradcot Awnings Direct
  • Lamda Awnings
  • NuImage Awnings
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Motorized and Smart Awnings

Awnings are primarily used as sunshades in outdoor places, including doors, windows, and patios. Awnings that have the motor mechanism are considered motorized awnings. These awnings can be run manually or automatically. Automatic motorized awnings can run on electricity or through wireless connectivity. Electric awnings are operated through electric switch connectivity. Smart awnings are operated through infrared (IR), remote-controlled, and wireless technologies including Wi-Fi, Bluetooth, Wi-Max, and ZigBee (operated through apps in smartphones or tablets).

The analysts forecast the global motorized and smart awnings market to grow at a CAGR of 8.18% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global motorized and smart awnings market for 2017-2021. To calculate the market size, the report considers the value sales of motorized and smart awnings.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Motorized and Smart Awnings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ADVANING
  • AlekoAwning
  • Americana Building Products
  • Awntech
  • NuImage Awnings
Other prominent vendors
  • Bradcot Awnings Direct
  • Hangzhou SHY Sunshading Technology
  • Lamda Awnings
  • Riverside Works
  • Rödelbronn (VARISOL)
Market drivers
  • Technological innovations and product line extensions leading to product premiumization
  • For a full, detailed list, view the full report
Market challenges
  • Increase in raw material cost
  • For a full, detailed list, view the full report
Market trends
  • Growing demand for patio furniture
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ADVANING
  • AlekoAwning
  • Awntech
  • Bradcot Awnings Direct
  • Lamda Awnings
  • NuImage Awnings
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Global smart shade devices market
PART 05: MARKET LANDSCAPE
  • Global motorized and smart awnings market
PART 06: FIVE FORCES ANALYSIS
  • Five forces analysis
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Global motorized and smart awnings market by application
  • Comparison by application
  • Global motorized and smart door awnings market
  • Global motorized and smart window awnings market
  • Global motorized and smart awnings market for patio and open spaces
  • Market opportunity by application
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Global motorized and smart awnings market by distribution channel
  • Comparison by distribution channel
  • Global motorized and smart awnings market through offline distribution channel
  • Global motorized and smart awnings market through online distribution channel
  • Market opportunity by distribution channel
PART 09: MARKET SEGMENTATION BY MATERIAL
  • Global motorized and smart awnings market by material
PART 10: MARKET SEGMENTATION BY END-USER
  • Global motorized and smart awnings market by end-user
  • Comparison by end-user
  • Global residential motorized and smart awnings market
  • Global commercial motorized and smart awnings market
  • Market opportunity by end-user
PART 11: REGIONAL LANDSCAPE
  • Global motorized and smart awnings market by geography
  • Regional comparison
  • Motorized and smart awnings market in Americas
  • Motorized and smart awnings market in EMEA
  • Motorized and smart awnings market APAC
  • Key leading countries
  • Market opportunity
PART 12: DECISION FRAMEWORK

PART 13: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 14: MARKET TRENDS
  • Growing demand for patio furniture
  • Increasing number of FSRs, QSRs, bars, and pubs in developing countries
  • Growing online sales for awnings
PART 15: VENDOR LANDSCAPE
  • Competitive scenario
  • Comparative analysis of key vendors
PART 16: VENDOR ANALYSIS
  • Vendor overview
  • ADVANING
  • AlekoAwning.com
  • Americana Building Products
  • Awntech
  • NuImage Awnings
  • Other prominent vendors
PART 17: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global smart shade devices market 2016-2021 ($ millions)
Exhibit 02: Global motorized and smart awnings market 2016
Exhibit 03: Global motorized and smart awnings market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global motorized and smart awnings market by application 2016-2021 ($ billions)
Exhibit 06: Comparison by Application
Exhibit 07: Global motorized and smart door awnings market 2016-2021 ($ billions)
Exhibit 08: Global motorized and smart door awnings market 2017-2021 (year-on-year growth)
Exhibit 09: Global motorized and smart window awnings market 2016-2021 ($ billions)
Exhibit 10: Global motorized and smart window awnings market 2017-2021 (year-on-year growth)
Exhibit 11: Global motorized and smart awnings market for patio and open spaces 2016-2021 ($ billions)
Exhibit 12: Global motorized and smart awnings market for patio and open spaces 2017-2021 (year-on-year growth)
Exhibit 13: Global motorized and smart awnings market by distribution channel 2016-2021 ($ billions)
Exhibit 14: Comparison by distribution channel
Exhibit 15: Global motorized and smart awnings market through offline distribution channel 2016-2021 ($ billions)
Exhibit 16: Global motorized and smart awnings market through offline distribution channel 2017-2021 (year-on-year growth)
Exhibit 17: Global motorized and smart awnings market through offline distribution channel 2016 (% share of revenue)
Exhibit 18: Global motorized and smart awnings market through online distribution channel 2016-2021 ($ billions)
Exhibit 19: Global motorized and smart awnings market through online distribution channel 2017-2021 (year-on-year growth)
Exhibit 20: Global motorized and smart awnings market by material 2016 (% share of revenue)
Exhibit 21: Global motorized and smart awnings market by end-user 2016-2021 (% share of revenue)
Exhibit 22: Comparison by end-user
Exhibit 23: Global residential motorized and smart awnings market 2016-2021 ($ billions)
Exhibit 24: Global residential motorized and smart awnings market 2017-2021 (year-on-year growth)
Exhibit 25: Global commercial motorized and smart awnings market 2016-2021 ($ billions)
Exhibit 26: Exhibit 25: Global commercial motorized and smart awnings market 2017-2021 (year-on-year growth)
Exhibit 27: Global commercial motorized and smart awnings market 2016 by establishment type (% share of revenue)
Exhibit 28: Global motorized and smart awnings market by geography 2016-2021 - Market size and forecast (% share of revenue)
Exhibit 29: Regional comparison
Exhibit 30: Motorized and smart awnings market in Americas 2016-2021 ($ billions)
Exhibit 31: Motorized and smart awnings market in Americas 2017-2021 (year-on-year growth)
Exhibit 32: Top 3 countries in Americas
Exhibit 33: Motorized and smart awnings market in EMEA 2016-2021 ($ billions)
Exhibit 34: Motorized and smart awnings market in EMEA 2017-2021 (year-on-year growth)
Exhibit 35: Top 3 countries in EMEA
Exhibit 36: Motorized and smart awnings market in APAC 2016-2021 ($ billions)
Exhibit 37: Motorized and smart awnings market in APAC 2017-2021 (year-on-year growth)
Exhibit 38: Top 3 countries in APAC
Exhibit 39: Key leading countries
Exhibit 40: The rationale behind the growth of online sales are listed below:
Exhibit 41: Major vendors: Benchmarking on product offerings and geographical presence
Exhibit 42: ADVANING: Product portfolio
Exhibit 43: AlekoAwning.com: Product portfolio
Exhibit 44: Americana Building Products: Product portfolio
Exhibit 45: Awntech: Product portfolio
Exhibit 46: NuImage Awnings: product portfolio
Exhibit 47: Global motorized and smart awnings market 2016: Other prominent vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ADVANING
  • AlekoAwning
  • Awntech
  • Bradcot Awnings Direct
  • Lamda Awnings
  • NuImage Awnings
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Motorized and Smart Awnings Market 2017-2021

The author of the report recognizes the following companies as the key players in the global motorized and smart awnings market: ADVANING, AlekoAwning, Americana Building Products, Awntech, and NuImage Awnings.

Other Prominent Vendors in the market are: Bradcot Awnings Direct, Hangzhou SHY Sunshading Technology, Lamda Awnings, Riverside Works, and Rödelbronn (VARISOL).

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Growing demand for patio furniture. A patio is an area in the back or front yard of homes which consumers use for outdoor lounging, dining, or other recreational activities. It is also called a courtyard and is an open space in houses. With the increase in the disposable income and changing lifestyle, consumers are opting for houses that have space to build a patio and customize it based on their requirements. This trend leads to a growing demand for patio furniture such as tables, chairs, and hammocks.”

According to the report, one of the major drivers for this market is Technological innovations and product line extensions leading to product premiumization. Innovations in design allow key vendors and brands to maintain high brand associations with customers. Innovative designs are being introduced by key vendors to create product differentiation and value proposition for potential and prospective customers. Vendors, by introducing high-priced variants of motorized and smart awnings, are strengthening the product mix. Brands also work with varied materials to enhance their product portfolios. Some materials can be sourced at lower costs but can still be used to create durable and desired designs in the premium segment to enable greater profit margins for manufacturers and retailers.

Further, the report states that one of the major factors hindering the growth of this market is Increase in raw material cost. The raw materials used in motorized and smart awnings are metal, acrylic, plastic polyester, and various other fabrics. The increase in the prices of fabric material, metal, and smart-connected devices has affected the profit margin of manufacturers and distributors. This results in high cost for the end-consumer, which poses a major challenge for manufacturers. The prices that manufacturers pay to suppliers for acrylic is rising. Acrylic awnings are popular among homeowners due to their low price compared to metal, aluminum, and other awnings materials. Smart devices have been witnessing a rise in prices due to product innovation, which results in product premiumization. With suppliers increasing the prices for these devices, it is necessary for manufacturers to adopt new technologies to sustain themselves in the market. The increase in the prices of these raw materials has resulted in the overall cost and decrease in the profit margin for everyone in the product value chain.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • ADVANING
  • AlekoAwning
  • Americana Building Products
  • Awntech
  • NuImage Awnings
  • Bradcot Awnings Direct
  • Hangzhou SHY Sunshading Technology
  • Lamda Awnings
  • Riverside Works
  • Rödelbronn (VARISOL)
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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