Global Smart Shade Devices Market Report 2022: Sector to Reach $367 Million by 2027 at a CAGR of 6.33% – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Smart Shade Devices Market Size, Trends and Growth Opportunity, By Technology, Distribution Channel, End User, By Region and Forecast Till 2027.” report has been added to ResearchAndMarkets.com’s offering.
The Global Smart Shade Devices Market was valued at US232 million in 2021 and it is expected to reach at US367 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 Restraint
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, and others. By distribution channel it segmented into online and offline. By end user it segmented into residential and 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.
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?
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Global Smart Shade Devices Outlook
5 Global Smart Shade Devices Market, By Technology
6 Global Smart Shade Devices Market, By Distribution Channel
7 Global Smart Shade Devices Market, By End User
8 Global Smart Shade Devices Market, By Region
9 North America Smart Shade Devices Market Analysis and Forecast (2022-2027)
10 Europe Smart Shade Devices Market Analysis and Forecast(2022-2027)
11 Asia Pacific Smart Shade Devices Market Analysis and Forecast(2022-2027)
12 Latin America Smart Shade Devices Market Analysis and Forecast(2022-2027)
13 Middle East Smart Shade Devices Market Analysis and Forecast(2022-2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- 3 Day Blinds.
- Chicology Inc.
- Decora-Corporate
- Draper Inc.
- Elite Window Fashions
- Hunter Douglas
- COMFORTEX WINDOW FASHIONS
- CUSTOM BRANDS GROUP
- Innovative Openings
- Louvolite
For more information about this report visit https://www.researchandmarkets.com/r/plhqtp
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