The Solar Shading Systems Global Market Report 2023, provides comprehensive information on the solar shading systems market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Solar Shading Systems Global Market Report 2023, the market is expected to grow from $14.45 billion in 2022 to $15.05 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global solar shading systems market is expected to grow to $17.45 billion in 2027 at a CAGR of 3.8%.
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Technological innovation is a key trend gaining popularity in the solar shading systems market. Key companies are focusing on innovations to provide better comfort to users and gain a competitive edge in the market. For instance, in February 2021, MicroShade A/S, a Denmark-based manufacturer of solar shading systems introduced an innovative and breakthrough product named MicroShade Film. It is a passive micro-structured transparent film that stops all the light from the sun and enables natural daylight inside the building. It is installed inside a glazing unit and has no limitations in size or shape. It is efficient as well as cost-effective for the customers. It is made for both roofs and facades, mitigating the heat from the sun.
The solar shading systems market is segmented:
1) By Product Type: Blinds, Shades, Louvers, Textiles
2) By Material: Metal, Glass, Wood, Other Materials
3) By Technology: Battery Powered, Manual, Smart Power Source
4) By Mechanism: Fixed, Manual, Motorized
5) By Application: Residential, Commercial, Industrial
North America was the largest region in the solar shading systems market in 2022.
The table of contents in TBRC’s solar shading systems market report includes:
- Executive Summary
- Solar Shading Systems Market Characteristics
- Solar Shading Systems Market Trends And Strategies
- Solar Shading Systems Market – Macro Economic Scenario
- Solar Shading Systems Market Size And Growth
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- Africa Solar Shading Systems Market
- Solar Shading Systems Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Solar Shading Systems Market
- Solar Shading Systems Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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