Key Findings
The North America smart shade market is predicted to register a CAGR of 58.23% by the end of the forecast period of 2019-2027. The residential segment in the end-user segment is expected to dominate the North America smart shade devices market.
Market Insights
Rising need for energy efficient window coverings is expected to provide plenty of opportunities for the smart shade market to expand in this region. Efficient energy management is the need of the hour, as the market is witnessing a rise in the carbon emission.
A major share of the North American market has been captured by the U.S. Although the overall North American region is poised to exhibit a healthy growth over the projected years, factors such as the high cost of motorized shades and increasing demand for smart glasses could restrain the market’s progress.
North America smart shade devices market find its applications primarily in the residential and commercial sector. North America smart shade devices market is on the surging trend, owing to government investments that are enhancing the smart city projects along with the high adoption of smart home devices.
Competitive Insights
Companies like Loxone, Lutron Electronics, Inc., Vertilux Ltd., Somfy Systems, Inc., Skyco Shading Systems, Inc., Insolroll Inc., Pella Corporation, Qmotion Shades, Coulisse B.V., Appeal Home Shading, Springs Window Fashions LLC, Guangzhou Misdar Shade Co. Ltd., Denver Shade Company, Hunter Douglas, and BTX Intelligent Fashion, LLC are competing in this region.