Automated Blinds And Shades Market 2021 Trends, Share, Size, Growth, Opportunity and Forecast to 2031

Automated Blinds And Shades Market 2021-2031

As per Persistence Market Research analysis, the global automated blinds and shades market is anticipated to expand at a CAGR of over3% during the forecast period of 2021-2031.

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The global automated blinds and shades market is expanding on the back of consumer inclination toward smart home technologies. However, as the construction industry gets back on track after setbacks due to the onset of COVID-19, demand for automated blinds and shades will be higher from this sector through 2031. Semi-automatic blinds and shades are more sought-after over the fully-automatic versions, mainly due to their economical price. Demand will be particularly high across North America and Europe over the next ten years.

Key Players:

The report has profiled some of the Important players prevalent in the global like – Lutron Electronics, Inc., IKEA, The Electric Blind Company, Axis Labs, SOMA Smart Home, Tilt, Graber Blinds, Hunter Douglas, Somfy and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Automated Blinds And Shades.

Key Takeaways from Automated Blinds and Shades Market Study

The use of motorized blinds/ shades is a trend rapidly being adopted throughout the world, which, in turn, is driving market growth.

Replacement of manually-operated blinds and shades with automated versions is also expected to provide impetus to growth, as demand for advanced features, decreased prices, etc., rises.

Development of blinds and shades integrated with speech recognition technology is seeing a rise.

Expansion of retail space in commercial establishments such as hypermarkets is anticipated to provide lucrative opportunities for market growth over the forecast period.

8 out of 10 installations would be for the semi-automatic versions of blinds and shades, with new installations holding more than 70% of market share.

North America, followed by Europe, is the biggest market for automated blinds and shades.

Germany will account for one-fourth of the total sales in the European region.

The market in China and Australia is expected to grow the fastest, at close to 4% through 2031.

“Key industry participants are focusing on developing partnerships with regional distributors and service providers in order to gain a competitive advantage in the evolving global market. The adoption of e-Commerce will create broad opportunities for market participants during the forecast period,” says an analyst of Persistence Market Research.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders 
Automated Blinds And Shades Market Manufacturers 
Automated Blinds And Shades Market Distributors/Traders/Wholesalers 
Automated Blinds And Shades Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

This release was published on openPR.