Solar Shading Systems Market Outlook (2022 to 2032)

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

Attributes Details
Estimated Market Value (2022) USD 138 Million
Projected Market Revenue (2032) USD 5.72 Billion
Value-based Market CAGR (2022 to 2032) 3%

Solar shading systems have gained immense traction in recent years, as they enable energy storage and 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 material sand roofing shingle shave 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.

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 - 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.

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

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

List of Tables

TABLE 1 Global Market Value (US$ Mn), 2013-2018

TABLE 2 Global Market Value (US$ Mn), 2019-2027

TABLE 3 Global Market Value (US$ Mn) and Y-o-Y, 2018-2027

TABLE 4 Global Fabric based Segment Value (US$ Mn), By Region 2013-2018

TABLE 5 Global Fabric based Segment Value (US$ Mn), By Region 2019-2027

TABLE 6 Global Fabric based Segment Market Share, By Region 2013-2018

TABLE 7 Global Fabric based Segment Market Share, By Region 2019-2027

TABLE 8 Global Fabric based Segment Y-o-Y, By Region 2018-2027

TABLE 9 Global Aluminum based Segment Value (US$ Mn), By Region 2013-2018

TABLE 10 Global Aluminum based Segment Value (US$ Mn), By Region 2019-2027

TABLE 11 Global Aluminum based Segment Market Share, By Region 2013-2018

TABLE 12 Global Aluminum based Segment Market Share, By Region 2019-2027

TABLE 13 Global Aluminum based Segment Y-o-Y, By Region 2018-2027

TABLE 14 Global Others Segment Value (US$ Mn), By Region 2013-2018

TABLE 15 Global Others Segment Value (US$ Mn), By Region 2019-2027

TABLE 16 Global Others Segment Market Share, By Region 2013-2018

TABLE 17 Global Others Segment Market Share, By Region 2019-2027

TABLE 18 Global Others Segment Y-o-Y, By Region 2018-2027

TABLE 19 Global Residential  Segment Value (US$ Mn), By Region 2013-2018

TABLE 20 Global Residential  Segment Value (US$ Mn), By Region 2019-2027

TABLE 21 Global Residential  Segment Market Share, By Region 2013-2018

TABLE 22 Global Residential  Segment Market Share, By Region 2019-2027

TABLE 23 Global Residential  Segment Y-o-Y, By Region 2018-2027

TABLE 24 Global Commercial  Segment Value (US$ Mn), By Region 2013-2018

TABLE 25 Global Commercial  Segment Value (US$ Mn), By Region 2019-2027

TABLE 26 Global Commercial  Segment Market Share, By Region 2013-2018

TABLE 27 Global Commercial  Segment Market Share, By Region 2019-2027

TABLE 28 Global Commercial  Segment Y-o-Y, By Region 2018-2027

TABLE 29 Global Industrial  Segment Value (US$ Mn), By Region 2013-2018

TABLE 30 Global Industrial  Segment Value (US$ Mn), By Region 2019-2027

TABLE 31 Global Industrial  Segment Market Share, By Region 2013-2018

TABLE 32 Global Industrial  Segment Market Share, By Region 2019-2027

TABLE 33 Global Industrial  Segment Y-o-Y, By Region 2018-2027

TABLE 34 Global Battery powered Segment Value (US$ Mn), By Region 2013-2018

TABLE 35 Global Battery powered Segment Value (US$ Mn), By Region 2019-2027

TABLE 36 Global Battery powered Segment Market Share, By Region 2013-2018

TABLE 37 Global Battery powered Segment Market Share, By Region 2019-2027

TABLE 38 Global Battery powered Segment Y-o-Y, By Region 2018-2027

TABLE 39 Global Manual Segment Value (US$ Mn), By Region 2013-2018

TABLE 40 Global Manual Segment Value (US$ Mn), By Region 2019-2027

TABLE 41 Global Manual Segment Market Share, By Region 2013-2018

TABLE 42 Global Manual Segment Market Share, By Region 2019-2027

TABLE 43 Global Manual Segment Y-o-Y, By Region 2018-2027

TABLE 44 Global Smart Power source Segment Value (US$ Mn), By Region 2013-2018

TABLE 45 Global Smart Power source Segment Value (US$ Mn), By Region 2019-2027

TABLE 46 Global Smart Power source Segment Market Share, By Region 2013-2018

TABLE 47 Global Smart Power source Segment Market Share, By Region 2019-2027

TABLE 48 Global Smart Power source Segment Y-o-Y, By Region 2018-2027

TABLE 49 North America Market Value (US$ Mn), By Country 2013-2018

TABLE 50 North America Market Value (US$ Mn), By Country 2019-2027

TABLE 51 North America Market Value (US$ Mn), By Component Type 2013-2018

TABLE 52 North America Market Value (US$ Mn), By Component Type 2019-2027

TABLE 53 North America Market Value (US$ Mn), By Application Area 2013-2018

TABLE 54 North America Market Value (US$ Mn), By Application Area 2019-2027

TABLE 55 North America Market Value (US$ Mn), By Technology 2013-2018

TABLE 56 North America Market Value (US$ Mn), By Technology 2019-2027

TABLE 57 Latin America Market Value (US$ Mn), By Country 2013-2018

TABLE 58 Latin America Market Value (US$ Mn), By Country 2019-2027

TABLE 59 Latin America Market Value (US$ Mn), By Component Type 2013-2018

TABLE 60 Latin America Market Value (US$ Mn), By Component Type 2019-2027

TABLE 61 Latin America Market Value (US$ Mn), By Application Area 2013-2018

TABLE 62 Latin America Market Value (US$ Mn), By Application Area 2019-2027

TABLE 63 Latin America Market Value (US$ Mn), By Technology 2013-2018

TABLE 64 Latin America Market Value (US$ Mn), By Technology 2019-2027

TABLE 65 Europe Market Value (US$ Mn), By Country 2013-2018

TABLE 66 Europe Market Value (US$ Mn), By Country 2019-2027

TABLE 67 Europe Market Value (US$ Mn), By Component Type 2013-2018

TABLE 68 Europe Market Value (US$ Mn), By Component Type 2019-2027

TABLE 69 Europe Market Value (US$ Mn), By Application Area 2013-2018

TABLE 70 Europe Market Value (US$ Mn), By Application Area 2019-2027

TABLE 71 Europe Market Value (US$ Mn), By Technology 2013-2018

TABLE 72 Europe Market Value (US$ Mn), By Technology 2019-2027

TABLE 73 Japan Market Value (US$ Mn), By Country 2013-2018

TABLE 74 Japan Market Value (US$ Mn), By Country 2019-2027

TABLE 75 Japan Market Value (US$ Mn), By Component Type 2013-2018

TABLE 76 Japan Market Value (US$ Mn), By Component Type 2019-2027

TABLE 77 Japan Market Value (US$ Mn), By Application Area 2013-2018

TABLE 78 Japan Market Value (US$ Mn), By Application Area 2019-2027

TABLE 79 Japan Market Value (US$ Mn), By Technology 2013-2018

TABLE 80 Japan Market Value (US$ Mn), By Technology 2019-2027

TABLE 81 APEJ Market Value (US$ Mn), By Country 2013-2018

TABLE 82 APEJ Market Value (US$ Mn), By Country 2019-2027

TABLE 83 APEJ Market Value (US$ Mn), By Component Type 2013-2018

TABLE 84 APEJ Market Value (US$ Mn), By Component Type 2019-2027

TABLE 85 APEJ Market Value (US$ Mn), By Application Area 2013-2018

TABLE 86 APEJ Market Value (US$ Mn), By Application Area 2019-2027

TABLE 87 APEJ Market Value (US$ Mn), By Technology 2013-2018

TABLE 88 APEJ Market Value (US$ Mn), By Technology 2019-2027

TABLE 89 MEA Market Value (US$ Mn), By Country 2013-2018

TABLE 90 MEA Market Value (US$ Mn), By Country 2019-2027

TABLE 91 MEA Market Value (US$ Mn), By Component Type 2013-2018

TABLE 92 MEA Market Value (US$ Mn), By Component Type 2019-2027

TABLE 93 MEA Market Value (US$ Mn), By Application Area 2013-2018

TABLE 94 MEA Market Value (US$ Mn), By Application Area 2019-2027

TABLE 95 MEA Market Value (US$ Mn), By Technology 2013-2018

TABLE 96 MEA Market Value (US$ Mn), By Technology 2019-2027

List of Figures

FIG. 1 Global Market Value (US$ Mn), 2013-2018

FIG. 2 Global Market Value (US$ Mn) Forecast, 2019-2027

FIG. 3 Global Market Value (US$ Mn) and Y-o-Y, 2018-2027

FIG. 4 Global Fabric based Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 5 Global Fabric based Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 6 Global Fabric based Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 7 Global Aluminum based Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 8 Global Aluminum based Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 9 Global Aluminum based Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 10 Global Others Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 11 Global Others Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 12 Global Others Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 13 Global Residential  Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 14 Global Residential  Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 15 Global Residential  Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 16 Global Commercial  Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 17 Global Commercial  Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 18 Global Commercial  Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 19 Global Industrial  Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 20 Global Industrial  Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 21 Global Industrial  Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 22 Global Battery powered Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 23 Global Battery powered Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 24 Global Battery powered Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 25 Global Manual Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 26 Global Manual Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 27 Global Manual Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 28 Global Smart Power source Segment Market Value (US$ Mn) By Region, 2013-2018

FIG. 29 Global Smart Power source Segment Market Value (US$ Mn) By Region, 2019-2027

FIG. 30 Global Smart Power source Segment Y-o-Y Growth Rate, By Region, 2018-2027

FIG. 31 North America Market Value (US$ Mn), By Country 2013-2018

FIG. 32 North America Market Value (US$ Mn), By Country 2019-2027

FIG. 33 North America Market Value (US$ Mn), By Component Type 2013-2018

FIG. 34 North America Market Value (US$ Mn), By Component Type 2019-2027

FIG. 35 North America Market Value (US$ Mn), By Application Area 2013-2018

FIG. 36 North America Market Value (US$ Mn), By Application Area 2019-2027

FIG. 37 North America Market Value (US$ Mn), By Technology 2013-2018

FIG. 38 North America Market Value (US$ Mn), By Technology 2019-2027

FIG. 39 Latin America Market Value (US$ Mn), By Country 2013-2018

FIG. 40 Latin America Market Value (US$ Mn), By Country 2019-2027

FIG. 41 Latin America Market Value (US$ Mn), By Component Type 2013-2018

FIG. 42 Latin America Market Value (US$ Mn), By Component Type 2019-2027

FIG. 43 Latin America Market Value (US$ Mn), By Application Area 2013-2018

FIG. 44 Latin America Market Value (US$ Mn), By Application Area 2019-2027

FIG. 45 Latin America Market Value (US$ Mn), By Technology 2013-2018

FIG. 46 Latin America Market Value (US$ Mn), By Technology 2019-2027

FIG. 47 Europe Market Value (US$ Mn), By Country 2013-2018

FIG. 48 Europe Market Value (US$ Mn), By Country 2019-2027

FIG. 49 Europe Market Value (US$ Mn), By Component Type 2013-2018

FIG. 50 Europe Market Value (US$ Mn), By Component Type 2019-2027

FIG. 51 Europe Market Value (US$ Mn), By Application Area 2013-2018

FIG. 52 Europe Market Value (US$ Mn), By Application Area 2019-2027

FIG. 53 Europe Market Value (US$ Mn), By Technology 2013-2018

FIG. 54 Europe Market Value (US$ Mn), By Technology 2019-2027

FIG. 55 Japan Market Value (US$ Mn), By Country 2013-2018

FIG. 56 Japan Market Value (US$ Mn), By Country 2019-2027

FIG. 57 Japan Market Value (US$ Mn), By Component Type 2013-2018

FIG. 58 Japan Market Value (US$ Mn), By Component Type 2019-2027

FIG. 59 Japan Market Value (US$ Mn), By Technology 2013-2018

FIG. 60 Japan Market Value (US$ Mn), By Application Area 2019-2027

FIG. 61 Japan Market Value (US$ Mn), By Technology 2013-2018

FIG. 62 Japan Market Value (US$ Mn), By Technology 2019-2027

FIG. 63 APEJ Market Value (US$ Mn), By Country 2013-2018

FIG. 64 APEJ Market Value (US$ Mn), By Country 2019-2027

FIG. 65 APEJ Market Value (US$ Mn), By Component Type 2013-2018

FIG. 66 APEJ Market Value (US$ Mn), By Component Type 2019-2027

FIG. 67 APEJ Market Value (US$ Mn), By Application Area 2013-2018

FIG. 68 APEJ Market Value (US$ Mn), By Application Area 2019-2027

FIG. 69 APEJ Market Value (US$ Mn), By Technology 2013-2018

FIG. 70 APEJ Market Value (US$ Mn), By Technology 2019-2027

FIG. 71 MEA Market Value (US$ Mn), By Country 2013-2018

FIG. 72 MEA Market Value (US$ Mn), By Country 2019-2027

FIG. 73 MEA Market Value (US$ Mn), By Component Type 2013-2018

FIG. 74 MEA Market Value (US$ Mn), By Component Type 2019-2027

FIG. 75 MEA Market Value (US$ Mn), By Application Area 2013-2018

FIG. 76 MEA Market Value (US$ Mn), By Application Area 2019-2027

FIG. 77 MEA Market Value (US$ Mn), By Technology 2013-2018

FIG. 78 MEA Market Value (US$ Mn), By Technology 2019-2027

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.

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