Global Smart Shade Devices Market
The Global Smart Shade Devices Market was valued at US$232 million in 2021 and it is expected to reach at US$367 million in 2027 at a CAGR of 6.33% during forecast period 2022-2027.
IoT-enabled smart shades and gadgets regulate natural light in homes and other interior spaces (internet of things). There are several products on the market that can be controlled using a remote, voice commands, or smartphone apps depending on the customer's comfort and the settings in their house. These are a crucial component of the linked home idea because of the technology and price of the product. In addition to countless other benefits including protecting floors, artwork, and furniture, increasing energy efficiency, and maximizing space in the home, these devices offer the possibility of managing the environment in home interiors and scheduling features.
Market Drivers
The key growth factors throughout this time have been digitalization, rising online sales penetration, and rising smart home product acceptance. The booming Internet of Things (IoT) sector, which has witnessed a growth in connected homes with the newest digitally advanced equipment, has been a major market driver. Furthermore, smart shades provide a range of connection capabilities for user convenience, including mobile app connectivity, quick reaction alerts, and remote communication, setting the industry for widespread adoption of smart shades and connected devices.
Market Restraints
The market for smart shade devices is anticipated to experience slow growth because to the high cost of the product, installation, and maintenance. During the projection period, issues with device compatibility with smart hub platforms are anticipated to pose a challenge to the market for smart shade devices.
Market Segmentation
The global smart shade devices market is segmented into technology, distribution channel and end user. By technology it segmented into Wi-Fi, bluetooth and BLE, others. By distribution channel it segmented into online, offline. By end user it segmented into residential, commercial.
Regional Analysis
The global smart shade devices market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market for smart shade devices is dominated by North America because of the region's high consumer awareness of cutting-edge solutions, the region's wide availability of smart home solutions, the introduction of new products by manufacturers of furniture and home accessories, and the region's increasing popularity of smart home gadgets. Due to increased repair and refurbishment of existing residential and commercial buildings as well as regional infrastructural development activities, Europe is predicted to have the greatest growth.
Key Players
Various key players are listed in this report such as 3 Day Blinds (U.S.)., Chicology Inc. (U.S.), Decora-Corporate (Poland), Draper, Inc. (U.S.), Elite Window Fashions (Canada), Hunter Douglas (U.S.), COMFORTEX WINDOW FASHIONS (U.S.), CUSTOM BRANDS GROUP (U.S.), Innovative Openings (U.S.), Louvolite (Canada)
Market Taxonomy
By Technology
• Wi-Fi
• Bluetooth
• BLE
• Others
By Distribution Channel
• Online
• Offline
By End User
• Residential
• Commercial
Key Question Addressed by the Report
• What are the Key Opportunities in Global Smart Shade Devices Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
• What is the competitive Landscape in the industry?
Global Smart Shade Devices Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Shade Devices Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Shade Devices Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Smart Shade Devices Market Share Analysis, By Technology
5.3 Global Smart Shade Devices Market Size and Forecast, By Technology
5.3.1 Wi-Fi
5.3.2 Bluetooth
5.3.3 BLE
5.3.4 Others
6 Global Smart Shade Devices Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Smart Shade Devices Market Share Analysis, By Distribution Channel
6.3 Global Smart Shade Devices Market Size and Forecast, By Distribution Channel
6.3.1 Online
6.3.2 Offline
7 Global Smart Shade Devices Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Smart Shade Devices Market Share Analysis, By End User
7.3 Global Smart Shade Devices Market Share Analysis, By End User
7.3.1 Residential
7.3.2 Commercial
8 Global Smart Shade Devices Market, By Region
8.1 Global Smart Shade Devices Market Share Analysis, By Region
8.2 Global Smart Shade Devices Market Share Analysis, By Region
9 North America Smart Shade Devices Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Smart Shade Devices Market Share Analysis, By Technology
9.3 North America Smart Shade Devices Market Size and Forecast, By Distribution Channel
9.4 North America Smart Shade Devices Market Size and Forecast, By End User
9.5 North America Smart Shade Devices Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe Smart Shade Devices Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Smart Shade Devices Market Share Analysis, By Technology
10.3 Europe Smart Shade Devices Market Size and Forecast, By Distribution Channel
10.4 Europe Smart Shade Devices Market Size and Forecast, By End User
10.5 Europe Smart Shade Devices Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Smart Shade Devices Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Smart Shade Devices Market Size and Forecast, By Technology
11.3 Asia Pacific Smart Shade Devices Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific Smart Shade Devices Market Size and Forecast, By End User
11.5 Asia Pacific Smart Shade Devices Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Smart Shade Devices Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Smart Shade Devices Market Size and Forecast, By Technology
12.3 Latin America Smart Shade Devices Market Size and Forecast, By Distribution Channel
12.4 Latin America Smart Shade Devices Market Size and Forecast, By End User
12.5 Latin America Smart Shade Devices Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2. Rest of Latin America
13 Middle East Smart Shade Devices Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle Smart Shade Devices Market Share Analysis, By Technology
13.3 Middle Smart Shade Devices Market Size and Forecast, By Distribution Channel
13.4 Middle Smart Shade Devices Market Size and Forecast, By End User
13.5 Middle Smart Shade Devices Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. 3 Day Blinds (U.S.).
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Development
15.1.6 Key Strategies
15.2. Chicology Inc. (U.S.)
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Decora-Corporate (Poland)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Draper, Inc. (U.S.)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Elite Window Fashions (Canada)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. Hunter Douglas (U.S.)
15.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. COMFORTEX WINDOW FASHIONS (U.S.)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8. CUSTOM BRANDS GROUP (U.S.)
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. Innovative Openings (U.S.)
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10. Louvolite (Canada)
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
