“Solar Shading Systems Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on solar shading systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for solar shading systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The solar shading systems market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Product Type: Blinds; Shades; Louvers; Textiles
- 2) By Material: Metal; Glass; Wood; Other Materials
- 3) By Technology: Battery Powered; Manual; Smart Power Source
- 4) By Mechanism: Fixed; Manual; Motorized
- 5) By Application: Residential; Commercial; Industrial
- Companies Mentioned: Duco Ventilation & Sun Control; Glasscon GmbH; Hunter Douglas Inc.; Insolroll Inc.; Kawneer
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the solar shading systems market are Duco Ventilation & Sun Control, Glasscon GmbH, Hunter Douglas Inc., Insolroll Inc., Kawneer, Lutron Electronics Co Inc., Skyco Shading Systems Inc., Springs Window Fashions, Unicel Architectural Corp., WAREMA Nederland BV, Thermosash Commercial Limited, Alumet Manufacturing Inc., Alliance Shading, Roda Licht- und Lufttechnik GmBH, Comhan Holland, InSync Solar, Draper Inc., Construction Specialties, The Colt Group, SWFcontract, Newport Corporation, Sciencetech Inc., and Solar Light Company Inc.
The global solar shading systems market is expected to grow from $14.45 billion in 2022 to $15.05 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The solar shading systems market is expected to grow to $17.45 billion in 2027 at a CAGR of 3.8%.
The solar shading system market consists of sales of solar shading systems that are used to limit solar radiation in buildings. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The solar shading system is a method used to mitigate solar radiation in the form of heat and light in a building. Solar shading systems offer strong architectural features and solutions for intensive solar radiation and enable shading.
North America was the largest region in the solar shading systems market in 2022. The regions covered in the solar shading systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of products in solar shading systems are blinds, shades, louvers, and textiles. The blinds help protect flooring, furniture, and interior decor from fading and can reduce the room temperature. The material involved are metal, glass, wood, and others that are backed with technologies such as battery-powered, manual, and smart power source and uses fixed, manual, and motorized mechanism for residential, commercial, and industrial applications.
The resurgent growth in the construction and infrastructure development activities is expected to propel the solar shading systems market. The construction and infrastructure development activities are growing due to the increase in population, rise in urbanization, economic and social development, need for increased productivity, technological advancements, and others. This growth in the construction and infrastructure development activities will create demand for building systems and equipment including solar shading systems which are an integral part of building to control the heat and light emitted from the sun inside the buildings. For instance, according to the Infrastructure Report by Fitch Solutions, a US-based financial services company, China is the largest construction market globally and is expected to grow at a rate of 8.6% between 2022 and 2030. In addition, India is expected to be the third largest construction market globally by 2022 and needs investment worth $777.73 billion across infrastructure by 2022 for sustainable development. Therefore, resurgent growth in the construction and infrastructure development activities is driving the demand for the solar shading systems market.
Technological innovation is a key trend gaining popularity in the solar shading systems market. Key companies are focusing on innovations to provide better comfort to users and gain a competitive edge in the market. For instance, in February 2021, MicroShade A/S, a Denmark-based manufacturer of solar shading systems introduced an innovative and breakthrough product named MicroShade Film. It is a passive micro-structured transparent film that stops all the light from the sun and enables natural daylight inside the building. It is installed inside a glazing unit and has no limitations in size or shape. It is efficient as well as cost-effective for the customers. It is made for both roofs and facades, mitigating the heat from the sun.
In August 2022, Talrus Limited, a UK-based associated company of Rcapital Partners LLP, a private investor, acquired Levolux Limited from Alumasc Group for an undisclosed amount. With this acquisition, Rcapital Partners added another portfolio to its business and will support the growth of Levolux. Levolux Limited is a UK-based firm offering solar shading systems, architectural solutions, and balconies.
The countries covered in the solar shading systems market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The solar shading systems market research report is one of a series of new reports from The Business Research Company that provides solar shading systems market statistics, including solar shading systems industry global market size, regional shares, competitors with solar shading systems market share, detailed solar shading systems market segments, market trends, and opportunities, and any further data you may need to thrive in the solar shading systems industry. This solar shading systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. Solar Shading Systems Market Characteristics
3. Solar Shading Systems Market Trends And Strategies
4. Solar Shading Systems Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Solar Shading Systems Market
- 4.2. Ukraine-Russia War Impact On Solar Shading Systems Market
- 4.3. Impact Of High Inflation On Solar Shading Systems Market
5. Solar Shading Systems Market Size And Growth
- 5.1. Global Solar Shading Systems Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Solar Shading Systems Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Solar Shading Systems Market Segmentation
- 6.1. Global Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Blinds
- Shades
- Louvers
- Textiles
- 6.2. Global Solar Shading Systems Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Metal
- Glass
- Wood
- Other Materials
- 6.3. Global Solar Shading Systems Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Battery Powered
- Manual
- Smart Power Source
- 6.4. Global Solar Shading Systems Market, Segmentation By Mechanism, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Fixed
- Manual
- Motorized
- 6.5. Global Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Residential
- Commercial
- Industrial
7. Solar Shading Systems Market Regional And Country Analysis
- 7.1. Global Solar Shading Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Solar Shading Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Solar Shading Systems Market
- 8.1. Asia-Pacific Solar Shading Systems Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Solar Shading Systems Market
- 9.1. China Solar Shading Systems Market Overview
- 9.2. China Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Solar Shading Systems Market
- 10.1. India Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Solar Shading Systems Market
- 11.1. Japan Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Solar Shading Systems Market
- 12.1. Australia Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Solar Shading Systems Market
- 13.1. Indonesia Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Solar Shading Systems Market
- 14.1. South Korea Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Solar Shading Systems Market
- 15.1. Western Europe Solar Shading Systems Market Overview
- 15.2. Western Europe Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Solar Shading Systems Market
- 16.1. UK Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Solar Shading Systems Market
- 17.1. Germany Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Solar Shading Systems Market
- 18.1. France Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Solar Shading Systems Market
- 19.1. Eastern Europe Solar Shading Systems Market Overview
- 19.2. Eastern Europe Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Solar Shading Systems Market
- 20.1. Russia Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Solar Shading Systems Market
- 21.1. North America Solar Shading Systems Market Overview
- 21.2. North America Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Solar Shading Systems Market
- 22.1. USA Solar Shading Systems Market Overview
- 22.2. USA Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Solar Shading Systems Market
- 23.1. South America Solar Shading Systems Market Overview
- 23.2. South America Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Solar Shading Systems Market
- 24.1. Brazil Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Solar Shading Systems Market
- 25.1. Middle East Solar Shading Systems Market Overview
- 25.2. Middle East Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Solar Shading Systems Market
- 26.1. Africa Solar Shading Systems Market Overview
- 26.2. Africa Solar Shading Systems Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Solar Shading Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Solar Shading Systems Market Competitive Landscape And Company Profiles
- 27.1. Solar Shading Systems Market Competitive Landscape
- 27.2. Solar Shading Systems Market Company Profiles
- 27.2.1. Duco Ventilation & Sun Control
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Glasscon GmbH
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Hunter Douglas Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Insolroll Inc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Kawneer
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Solar Shading Systems Market
29. Solar Shading Systems Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer