Global Automated Blinds and Shades Market Overview:
By simply opening and closing them at pre-programmed hours, smart and motorized blinds and shades will help regulate solar gain and heat loss in homes during the day. Blinds and shades with smart sensors can effectively learn when to open and close in response to temperature and sunlight, maximizing the HVAC system's energy efficiency. Motorized blinds and shades can be connected to a smart home concentrator to help save electricity. Furthermore, the ability to configure the blinds and shades to open and close at predetermined times reduces human intervention. As a result, blinds and shades will know when to open and close during the hottest and coldest parts of the day, reducing the amount of energy used.
- Rising Use to Control Solar Gain and Heat Loss Experienced in Homes
- Increase in Population and Growing Investments toward Infrastructure
- Surging Demand for Motorized Shades
- Technological Advancements in the Product
- High Initial Cost of Automated Blinds and Shades
- Manufacturing Firms Invest in Research & Development to Gain a Competitive Edge
- Growth in the Construction Industry
- Lack of Awareness among the User
The Automated blinds and shades market is highly competitive with several players present in the market. With smart homes and the introduction of sensor-based technology, major players in the market are trying to implement them and gain a competitive edge over the others.
Some of the key players profiled in the report are Lutron Electronics, Inc. (United States), IKEA (Netherlands), The Electric Blind Company (United Kingdom), Home Franchise Concepts, LLC (United States), Apollo Blinds (United Kingdom), SOMA Smart Home (Estonia), Springs Window Fashions (United States), OmniaBlinds (Sweden) and Hunter Douglas (Netherlands). Additionally, following companies can also be profiled that are part of our coverage like Somfy (France) and Bintronic Enterprise Co., Ltd. (Taiwan). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Automated Blinds and Shades market by 2026. Considering Market by Installation, the sub-segment i.e. New will boost the Automated Blinds and Shades market. Considering Market by Blinds and Shades, the sub-segment i.e. Roller Shades will boost the Automated Blinds and Shades market. Considering Market by End Use, the sub-segment i.e. Residential will boost the Automated Blinds and Shades market.
Latest Market Insights:
In August 2020, Somfy Systems, Inc. joined forces with URC, a global leader in smart home automation and control for residential and commercial applications. The partnership between these companies is set to create integrations between Total Control, the award-winning residential and business automation platform of URC, and TaHoma, a gateway with Somfy integrated radio technology (RTS) and Zigbee 3.0 radio connectivity that connects with new and old.
In 2018, Somfy launched Sonesse 40 RTS based on motorized system and control and Connexoon Window app for controlling blinds & shades. Smartphone-enabled operations associated with blinds & shades are registering new opportunities for market growth., and Lutron Electronics Co., Inc has been developing automated blinds and shades that offer luxury, beauty, and quality at affordable prices. These shades can be controlled from anywhere in the world using the Lutron App.
What Can be Explored with the Automated Blinds and Shades Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automated Blinds and Shades Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automated Blinds and Shades
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automated Blinds and Shades market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automated Blinds and Shades market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Automated Blinds and Shades, Suppliers of Automated blinds and shades, Wholesalers, Distributors, and Retailers of Automated blinds and shades, Raw Material Providers, End-Users, Potential Investors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.