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PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1406240

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PUBLISHER: Mordor Intelligence | PRODUCT CODE: 1406240

Automatic Curtain - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2024 - 2029

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PAGES: 120 Pages
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Automatic Curtain - Market - IMG1

The Automatic Curtain Market is expected to register a CAGR of greater than 4% during the forecast period(2024-2029).

The automatic curtain market has generated a revenue of USD 30 billion in the current year and is poised to register a CAGR of greater than 4% during the forecast period.

Automatic curtains are powered by a single motor or two if the width of the window requires them to be double-sided. Since the motor must handle heavy drapes, hardwired models are the norm. The curtains can be opened and closed fully or in increments through a remote control or voice command. It offers remote operation or touch operation, leading to higher ease and flexibility for opening and closing of the curtains to the users. These are an ideal choice for the long curtains that are usually out of reach, especially in office spaces and commercial buildings.

Automatic curtain systems are designed to work with the existing curtains or drapes but require users to mount some ceiling brackets and hook a new motorized track onto them. Since the manufacturer doesn't know the exact width of the setup, the track is usually longer than necessary. Users need to use a hacksaw to shorten it before installation.

The growing adoption of automatic curtains in hotels, conference rooms, and office spaces owing to ease of operation is driving the market growth. The rising trend of home automation is also fueling market growth across the residential sector. The high versatility of automatic curtains to cater to different styles and sizes of windows is also increasing the market demand.

There are some solutions, such as the Curtain Control solution, which is designed to open and close window curtains and blinds automatically. The movement can be initiated either from the Remote-Control Switch or from the Touch Switch, providing users with maximum levels of flexibility. Multiple curtains can be controlled with a single remote. The motion of the curtain is in the form of a smooth, continuous movement initiated by pressing and holding down the button on the remote or the switch.

In the post-COVID-19 scenario, the automatic curtain market is experiencing a surge in demand as people prioritize contactless and hygienic solutions for their homes and businesses. The convenience and automation offered by automatic curtains make them an attractive choice in the current situation.

Automatic Curtains Market Trends

Commercial Segment is Fastest Growing in the Market

The commercial sector is further divided into hospitality, healthcare, shopping malls & centers, educational centers, office spaces, and others. The commercial segment is the fastest-growing segment and is expected to hold the majority of the market share in the global automatic curtain market. Motorized curtains offer savings on maintenance and cleaning, operational costs due to remote control, and personnel in hotels. Rapid urbanization, increasing population, and changing lifestyles have fueled the demand for automatic curtains in residencies in the global market. Curtains play a vital part in the decor of the home. Electric curtains come with many advantages over traditional curtains, such as energy efficiency, security, convenience, and versatility.

Automatic Curtain - Market - IMG2

Asia-Pacific Region is Fastest Growing in the Market

Countries in the APAC region, including China, India, and Japan, among others, are expected to show significant growth rates in the future due to high economic growth forecasts, along with huge population statistics leading to high consumption of goods and products. The growing prominence of smart homes drives strong demand for automated curtains and blinds in the APAC region. The changing regulatory compliance scenario and the growing purchasing power among consumers are likely to surpass the demand in the North American market. New product development and technological advancements remain key for competitors to capitalize upon in the Automatic Curtains market across the globe. For instance, in 2022, Xiaomi Mijia launched a smart curtain with voice commands. This device allows users to remotely control the drapes in different ways, such as Xiao AI voice commands, the accompanying remote control, or a gentle tug to start the motor.

Automatic Curtains Industry Overview

The automatic curtain market is fragmented, with many players. The competitive environment in the automatic curtain market is intensifying. The market currently witnesses the presence of several major as well as other prominent vendors, contributing to market growth. However, the market is witnessing an influx of local players entering the market. The most prominent players include Somfy, Hunter Douglas, The Electric Blinds, Automatic Curtain, and The Great Curtain Company.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 70886

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS AND DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Adoption of Smart Home Technology
  • 4.3 Market Restraints
    • 4.3.1 High Initial Costs is Restraining the Market
  • 4.4 Market Opporunities
    • 4.4.1 Growing Focus on Energy Efficiency and Sustainability
  • 4.5 Value Chain / Supply Chain Analysis
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Assessment of COVID-19 Impact on the Industry

5 MARKET SEGMENTATION

  • 5.1 Product
    • 5.1.1 Ripplefold
    • 5.1.2 Pinch Pleat
  • 5.2 Application
    • 5.2.1 Residential
    • 5.2.2 Commercial
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Asia-Pacific
    • 5.3.3 Europe
    • 5.3.4 Latin America
    • 5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Somfy
    • 6.2.2 HunterDouglas
    • 6.2.3 The Electric Blinds
    • 6.2.4 Lutron
    • 6.2.5 Draper
    • 6.2.6 Silent Gliss
    • 6.2.7 QMotion
    • 6.2.8 BTX Intelligent Fashion
    • 6.2.9 Goelst
    • 6.2.10 Rollease*

7 FUTURE MARKET TRENDS

8 DISCLAIMER AND ABOUT US

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