Solar Shading Systems Market Outlook (2022 to 2032)

 Global Solar Shading System Marketis projected to record a steady 3% CAGR through 2032. The solar shading system market is valued at USD 3.9Billionin 2022and is expected to reach USD 5.72 Billion by the 2032end

Solar shading systems have gained immense traction in recent years, as they enableenergy storageand use, while eliminating the permeation of heat radiations into the residential and commercial space. Adjustable heat reflecting louvers are an integral part of solar shading systems, which seek significant adoption to protect buildings against overheating.

Solar shading systems deliver strong architectural features and solutions for intensive solar radiation and provide shading.Roofing materialsandroofing shingleshave witnessed significant advancements in order to comply with latest solar shading technologies.

Solar shading systems continue to witness a significant surge in sales as innovative and efficient ways of shading spaces. Global warming prevails as a pervasive concern worldwide, which in turn has led consumers and commercial space owners toward installing solar shading systems.

Key players operating in the solar shading systems market are including installation services in their product offerings, along with the provision of aftersales services apropos of maintenance & repair activities.

Leading players in the solar shading systems market are also focusing on the provision of automated systems in collaboration with integrated service providers. Lucrative application areas for the solar shading systems, that have been driving their adoption in recent years, include airports, railway stations, shopping malls, and tourist places.

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Solar Shading Systems Market Sales Spike in Line with the Upward Trend of Urbanization

Permeation of the real estate industry into suburban areas, along with the resurgent growth in the construction and infrastructure development activities, allude imminent opportunities for the players in the solar shading systems market.

Other growth influencers of the solar shading systems market include the rise in smart city projects worldwide and promising prospects of the service industry. The growing carbon footprint of the industrial sector and the growing pressure of power demand on energy grids have been promoting commercial spaces to make investments in solar shading systems and relevant smart devices.

Solar Shading Systems Market

Solar Shading Systems Market - Construction of Smart Homes and Smart Architecture

The smart building's concept has gained significant momentum as the new age city infrastructure. The growing popularity of smart homes is expected to complement the growth of the solar shading systems market, as they create the demand for various types of fabric as well as aluminum-based devices.

Commercial buildings based on the smart home concept involve the use of solar shading systems as an integral part of the infrastructure, which in turn will underpin the market growth in the near future. Rise in renovation activities by homeowners has indirectly driven the adoption of smart devices and equipment that tackle challenges related to solar radiation.

Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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Solar Shading Systems Market- Spending on Home Aesthetics to Sustain Sales

Improving economic conditions worldwide, coupled with growing GHDI of consumers in recent years, has meant that spending on appealing luxury and comfort has increased manifold.

This aspect is no exception to home interiors, with recent studies alluding a marked rise in home aesthetics-associated activities. Leading players in the solar shading systems market are responding to the trend by introducing attractive designs that suit well with the evolving requirements of the consumers.

Key players operating in the solar shading systems market include WAREMA Nederland B.V., Glasscon GmbH, Thermosash , Alumet, Insolroll controller, Alliance Shadin, Roda Licht- und Lufttechnik Gmb, Comhan, InSync Solar, LINAK, Draper, Inc, Glazing GmbH, Solar Shading Systems, Inc., Construction Specialties, Coltinfo.co.uk, SWFcontract., Norsk Hydro ASA, and Duco Ventilation & Sun Control.

These companies are expected to provide a significant number of quality products, and highly influence the growth of the solar shading system market during the forecast period.

Solar Shading System Market: Key Segments

By application area:

  • Residential
  • Commercial
  • Industrial

By component type:

  • Aluminum-based
  • Fabric-based
  • Others

By technology:

  • Battery Powered
  • Manual
  • Smart Power Source

Key regions covered:

  • North America
    • USA
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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Frequently Asked Questions

How is the Solar Shading Systems Market Growing?

The solar shading systems market is predicted to grow at 3% CAGR through 2032.

Which Region Holds the Highest Revenue Potential in the Solar Shading Systems Market?

North America solar shading systems market holds the highest revenue potential.

What is the Current Solar Shading Systems Market Size?

The solar shading systems market size is anticipated to be over USD 4.25 Billion in 2022.

What is the Future Scope of Growth for the Solar Shading Systems Market?

The solar shading systems market is expected to surpass USD 5.72 Billion by 2032.

Table of Content
	1. Global Market - Executive Summary
	2. Global Market Overview
	3. Global Market Analysis and Forecast 2013 to 2027
	4. North America Market Size and Forecast, 2013 to 2027
	5. Latin America Market Size and Forecast, 2013 to 2027
	6. Europe Market Size and Forecast, 2013 to 2027
	7. Japan Market Size and Forecast, 2013 to 2027
	8. APEJ Market Size and Forecast, 2013 to 2027
	9. MEA Market Size and Forecast, 2013 to 2027
	10. Global Market Company Share, Competition Landscape and Company Profiles
		10.1. Solar Shading Systems, Inc.
		10.2. Construction Specialties, Inc.
		10.3. Colt International Ltd.
		10.4. SWFcontract.
		10.5. Norsk Hydro ASA
		10.6. Duco
		10.7. LINAK
		10.8. Draper, Inc
		10.9. Glazing GmbH
		10.10. Roda Licht- und Lufttechnik Gmb
		10.11. Comhan Holland B.V.
		10.12. InSync Solar LLC
		10.13. WAREMA Nederland B.V.
		10.14. Glasscon GmbH
		10.15. Thermosash Commercial Ltd.
		10.16. Alumet Systems (UK) Ltd
		10.17. Insolroll Inc.
		10.18. Alliance Shading
	11. Research Methodology
	12. Disclaimer

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