Electric Curtains Market REPORT OVERVIEW
-
Request a Free Sample to learn more about this report
The global electric curtains market size was USD 11018.21 Million in 2021 and market is projected to touch USD 37410.5 Million by 2031, at a CAGR of 13.0% from 2021 to 2031. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
A curtain is a piece of fabric used to cover or obstruct windows, draughts, or water. A curtain is also the moveable screen or drape used as a backdrop or to divide the stage from the audience in a theatre. Curtains are an essential component of house décor. The way a window is decorated or covered significantly affects how the house looks as a whole. In addition to improving the interior design of the house, electric curtains have other useful characteristics.
COVID-19 Impact: Disrupted Supply Chain Hampered Growth
The electric curtains market was severely impacted by the COVID-19 outbreak. The demand for these gadgets fell dramatically as a result of the industrial units being shut down to stop the virus' spread. Additionally, the electric curtains market growth was constrained by the stoppage of new industry construction brought on by the financial crisis and labor shortage at the time. The worldwide electric curtain market's supply chain was also hampered by the restrictions on travel and cargo movement.
LATEST TRENDS
"Automation to Augment Major Market Growth"
Due to the fact that curtains, as opposed to blinds, come in a wide variety of styles and materials, the market for electric curtains is expected to grow during the period of forecast. Additionally, electric curtains may add ease and automation to any window while also giving it a beautiful appearance. Electric curtains are quite similar to motorized blinds, except the motor used in curtains pulls and closes the curtains rather than raising and lowering the blinds.
Electric Curtains Market Segmentation
-
Request a Free Sample to learn more about this report
- By Type Analysis
By type, the market is segmented into Ripplefold, Pinch Pleat, and Others.
- By Application Analysis
Based on application, the market is classified into Household and Commercial.
DRIVING FACTORS
"Curtain Control Solutions to Propel Product Demand "
Some solutions, such as the Curtain Control solution, are made to open and close window coverings like blinds on their own. The movement can be started from the Touch Switch or the Remote-Control Switch, giving users the greatest degree of flexibility. A single remote control may operate several curtains. By pressing and holding down the button on the remote control or the switch, the curtain moves in a smooth, continuous manner.
"Increasing Demand from Various Application to Surge Market Growth"
The primary aspect fueling the market expansion of Electric Curtain is simplicity of use. The market for electric curtains is also expected to develop throughout the period of forecast due to the increasing acceptance of these curtains in hospitals, hotels, conference rooms, and office buildings. Electric curtains are an essential component of SMART homes, which are a growing trend in which practically everything is automated and controlled remotely. The adaptability of electric curtains to fit windows of various shapes and sizes is boosting the market's development throughout the coming years.
RESTRAINING FACTORS
"High Cost to Hold Back Market Growth"
More than just window treatments, electric curtains can be connected to a phone or a remote control thanks to technological components like motors, solar panels, or other materials. Additionally, automatic curtains typically have a high initial cost. When batteries in electric curtains run out, it will be necessary to replace them, which will increase the cost and impede the market growth for electric curtains throughout the forecasted time.
Electric Curtains Market REGIONAL INSIGHTS
-
Request a Free Sample to learn more about this report
"Economic Growth to Flourish in Asia Pacific"
Asia Pacific is expected to have the largest electric curtains market share. The region, which includes China, India, and Japan among others, is anticipated to see considerable growth rates in the future due to strong economic growth projections and enormous population figures that would likely result in high demand for goods and services.
The second-largest market share is held by North America, which has a significant industrial base. The market for safety light curtains is also expanding as a result of rising investments in the industrial sector's automation.
The market for electric curtains is dominated by Europe as well. The majority of the demand is being met by the expanding automotive and healthcare sectors. With a recent focus on industry expansion, the market in Latin America is also experiencing rapid growth.
KEY INDUSTRY PLAYERS
"Key Players Focusing on Innovative Technology Development to Grow in Market"
Businesses are working on developing new technology to offer more easy ways to increase product portfolio. Companies also use innovative practices and techniques to create new technologies. Companies are focused on acquisitions and investments to increase sales. The marketplace is competitive as a result of the existence of numerous huge firms. An extensive worldwide consumer base and the execution of operations through specialized distribution networks are other characteristics. The key companies strive to gain a higher market share by launching new products.
List of Market Players Profiled
- Motorized Blinds (India)
- HunterDouglas (Netherlands)
- Auto Curtain (India)
- Sai Systems (U.S.)
- Draper Motor (U.S.)
- Window Curtains (India)
- Motorized Curtain (Dubai)
- Remote Control Curtain (India)
- Power Curtain (Australia)
- Motorized Blinds (India)
- Silent (U.S.)
REPORT COVERAGE
The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for stem cells to show potential investment areas. From 2021 through 2027, the market is objectively assessed to determine its financial viability. The report's data was compiled using various primary and secondary sources. The research provides a complete analysis of the key market segments, restraints, drivers, competitive landscape, trends, and other elements important to the industry.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 11018.21 Million in 2021 |
Market Size Value By |
US$ 37410.5 Million by 2031 |
Growth Rate |
CAGR of 13% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
-
What value is the electric curtains market expected to touch by 2031?
Based on our research, the electric curtains market is projected to touch USD 37410.5 million by 2031.
-
What CAGR is the electric curtain market expected to exhibit by 2031?
The electric curtain market is expected to exhibit a CAGR of 13.0% by 2031.
-
Which are the driving factors of the electric curtains market?
Curtain control solutions and increasing demand from various applications are the factors driving the electric curtains market.
-
Which are the top companies operating in the electric curtains market?
Motorized Blinds, HunterDouglas, Auto Curtain, Sai Systems, Draper Motor, Window Curtains, Motorized Curtain, Remote Control Curtain, Power Curtain, Motorized Blinds, Silent are the top companies operating in the electric curtains market.