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Global Info Research offers a latest published report on Electric Curtains Market Analysis and Forecast 2019-2024 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Electric Curtains are motorized or remote control curtains, which have the function of traditional curtains with shade, privacy and decoration, as well as adding ease to a routine task. Electric Curtains usually include three parts: remote controls, motors and automatic system.
The Electric Curtains industry was 8953.2 million USD in 2018 and is projected to reach USD 17687.6 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 10.22% between 2018 and 2025.
Main players including HunterDouglas, Somfy Budget Blinds, Silent Gliss, MC Matcher, Curtains London, Fiate Sunshade, Haier, Wintom, Duya Shades, Qingying Sun-shading, Bali, Mecho are also large manufacturers in the world.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
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