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Solar Shading Systems Market Forecast Analysis | Rise in Residential Construction Activities Boost Growth by 2027

08-20-2021 04:43 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Solar Shading Systems Market

Solar Shading Systems Market

Global solar shading systems market size was $17,550.0 million in 2019, and is projected to reach $21,348.2 million by 2027, registering a CAGR of 3.9% from 2020 to 2027. Based on product type, the blinds segment held over 40.0% of the global solar shading systems market share in 2019 and is expected to witness significant growth during the forecast period.

Individuals have become more focused toward lowering energy consumption. Hence, they have started to install motorized or fixed solar shading systems to keep their houses cool in summer. These solar shading systems serve as a profitable solution to avert harmful UV rays from damaging artwork, furniture, and floor in the residential and commercial spaces. A rise in demand for solar shading system installation in the residential and commercial sectors to intensify the use of available outdoor spaces is catering to the growth of the global solar shading system market. However, the high installation cost and initial purchase of retractable are projected to hamper the growth of the solar shading system industry.

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Leading Players:
The key market players profiled in the report of the global solar shading systems market include Duco Ventilation & Sun Control, Glasscon GmbH, Hunter Douglas, Insolroll, Kawneer, Lutron, Skyco Shading Systems, Inc., Springs Window Fashions, Unicel Architectural, and WAREMA Nederland B.V.

Key Findings Of The Study:
• The report provides an extensive analysis of the current and emerging market trends and dynamics.
• By product type, the blinds segment registered the highest revenue in the solar shading systems market in 2019.
• Depending on the material, the metal segment dominated the solar shading systems market, in terms of revenue in 2019.
• By mechanism, the motorized segment registered the highest revenue in the solar shading systems market in 2019.
• Asia-Pacific is projected to register the highest growth rate during the study period.
• North America accounted for over 41.2% of the share of the global solar shading systems market in 2019.
• The key players within the market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the solar shading systems industry.
• The report provides an extensive solar shading systems market analysis, trends and emerging opportunities of the market.

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Global Solar Shading Systems Market Segments
By Product Type
• Blinds
• Shades
• Louvers
• Textiles

By Mechanism
• Fixed
• Manual
• Motorized

Our Report Offers:

Strategic recommendations in the main business segment of the market forecast.
Competitive landscaping of major general trends.
Company profiling with detailed strategy, financial and recent developments.
Latest technological progress mapping supply chain trends.
Evaluation of market share for regional and country-level segments.
Market share analysis of top industry players.
Strategic recommendations for new entrants.
All mentioned segments, and regional market forecasts for the next 10 years.
Market Trends (Drivers, Difficulties, Opportunities, Threats, Challenges, Investment Opportunities and Recommendations)

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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