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Global Smart Shade Devices Market to reach USD 1957.79 million by 2026

Global Smart Shade Devices Market Size study, by End User (Global Residential Market, Global Commercial Market), by Technology (Global BLE Market, Global WI-FI Market, Global ZIGBEE Market, Global Z Wave Market) by Regional Forecasts 2019-2026

Product Code: EESAC_60213875
Publish Date: 7-02-2020
Page: 200

Global Smart Shade Devices Market valued approximately USD 11.6 million in 2018 is anticipated to grow with a healthy growth rate of more than 66% over the forecast period 2019-2026. Smart appliances are conventional home appliances of the next generation which are equipped with advanced features for receiving, processing, and transmitting information using laptops, smartphones, and tablets. Increasing use of appliances in kitchen and home has led to higher consumption of electricity, thereby, creating challenges for power companies to produce more electricity. Increasing adoption of smart home devices , adoption of motorized shades coupled with Increasing IoT adoption across the globe are some of the prominent factor contributing towards the adoption of smart shade devices market over the forecast period. IoT allows smart shade devices to open, adjust, and close the shade, dependent on time of day and temperature. Adoption of Internet of Things simplifies the tasks, secure, homes and transform lives with assistants, automated tasks and data insights through the generation of connected devices. Smart home devices such as smart shades devices are enabled by the IoT integration. In IoT enabled Smart Home environment, various things such as lighting, home appliances, computers, security camera etc. all are connected to the Internet and allowing user to monitor and control things regardless of time and location constraint. Thus, increasing IoT adoption across the globe is driving the global smart shade devices market. According to Phys Org (science, research and technology news aggregator website), more than 20 billion devices are expected to get upgraded to IOT technology by 2023. The high cost of motorized shades is expected to hinder the market growth as due to its high price for other solutions as compared to motorized shades.

The regional analysis of global smart shade devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing North America leads the market, holding a share of almost 50% in the market. The region is currently witnessing an increased adoption of smart homes and related devices, owing to the benefits associated with their use. Additionally, consumers are increasingly adopting window covering products that can be controlled automatically or by the intervention of electronic remote control equipped with wireless technology or by smartphones and tablets. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising disposable income, high adoption of smart shades devices would create lucrative growth prospects for the smart shade devices market across Asia-Pacific region.

Major market player included in this report are:

APPEAL HOME SHADING
BTX INC.
HUNTER DOUGLAS.
LOXONE
LUTRON ELECTRONICS, INC
MECHO SYSTEMS
MISDAR SHADE CO LTD
PELLLA
Q MOTION SHADES
SKYCO SHADING SYSTEMS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End User:

Global Commercial Market
Global Residential Market

By Technology:

Global BLE Market
Global WIFI Market
Global ZIGBEE Market
Global Z-WAVE Market

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Smart Shade Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Smart Shade Devices Market, by Region, 2017-2026 (USD Billion)
1.2.2. Smart Shade Devices Market, by End User, 2017-2026 (USD Billion)
1.2.3. Smart Shade Devices Market, by Technology, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Shade Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Shade Devices Market Dynamics
3.1. Smart Shade Devices Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Smart Shade Devices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Shade Devices Market, by End User
5.1. Market Snapshot
5.2. Global Smart Shade Devices Market by End User, Performance – Potential Analysis
5.3. Global Smart Shade Devices Market Estimates & Forecasts by End User 2016-2026 (USD Billion)
5.4. Smart Shade Devices Market, Sub Segment Analysis
5.4.1. Global Residential Market
5.4.2. Global Commercial Market
Chapter 6. Global Smart Shade Devices Market, by Technology
6.1. Market Snapshot
6.2. Global Smart Shade Devices Market by Technology, Performance – Potential Analysis
6.3. Global Smart Shade Devices Market Estimates & Forecasts by Technology 2016-2026 (USD Billion)
6.4. Smart Shade Devices Market, Sub Segment Analysis
6.4.1. BLE
6.4.2. WI-FI
6.4.3. ZIGBEE
6.4.4. Z Wave
Chapter 7. Global Smart Shade Devices Market, Regional Analysis
7.1. Smart Shade Devices Market, Regional Market Snapshot
7.2. North America Smart Shade Devices Market
7.2.1. U.S. Smart Shade Devices Market
7.2.1.1. End User breakdown estimates & forecasts, 2016-2026
7.2.1.2. Technology breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Smart Shade Devices Market
7.3. Europe Smart Shade Devices Market Snapshot
7.3.1. U.K. Smart Shade Devices Market
7.3.2. Germany Smart Shade Devices Market
7.3.3. Rest of Europe Smart Shade Devices Market
7.4. Asia-Pacific Smart Shade Devices Market Snapshot
7.4.1. China Smart Shade Devices Market
7.4.2. India Smart Shade Devices Market
7.4.3. Japan Smart Shade Devices Market
7.4.4. Rest of Asia Pacific Smart Shade Devices Market
7.5. Latin America Smart Shade Devices Market Snapshot
7.5.1. Brazil Smart Shade Devices Market
7.5.2. Mexico Smart Shade Devices Market
7.6. Rest of The World Smart Shade Devices Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. APPEAL HOME SHADING
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. BTX INC.
8.2.3. HUNTER DOUGLAS.
8.2.4. LOXONE
8.2.5. LUTRON ELECTRONICS, INC
8.2.6. MECHO SYSTEMS
8.2.7. MISDAR SHADE CO LTD
8.2.8. PELLLA
8.2.9. Q MOTION SHADES
8.2.10. SKYCO SHADING SYSTEMS
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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