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Global Automatic Curtain market insight 2021 January 24, 2022 Comments

Automatic Curtain
The Automatic Curtain is forecast to grow rapidly over the next four years. According to the World Knowledge Information (WKI) “Global Automatic Curtain market insight 2021, forecast to 2026”, Automatic Curtain, which is full of technology and convenience, will become the first choice for business and home decoration. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 10.6% base on WKI regression analysis model.
Analysts’ Viewpoint:
“Automatic Curtain makes the meeting room look advanced and full of technology.” said Ciel, Senior analyst, Consumer Goods Market Research Center in WKI. ” At present, Automatic Curtain is mainly installed in public places such as conference rooms. In the future, millennials who pursue a sense of technology will become the main consumers of Automatic Curtain at home.”
Market insight:
At the beginning of 2020, COVID-19 disease began to spread around the world, millions of people worldwide were infected with COVID-19 disease, and major countries around the world have implemented foot prohibitions and work stoppage orders. Except for the medical supplies and Life support products industries, most industries have been greatly impacted, and Automatic Curtain industries have also been greatly affected. Some developing countries in the Asia-Pacific region that quickly resume production will occupy most of the market. Growing adoption of automatic curtains in hotels, conference rooms, and office spaces owing ease in operation is driving the market growth. The rising trend of home automation is also fueling the market growth across the residential sector. High versatility of automatic curtains to cater to different styles and size of windows is also increasing the market demand.
Competition Landscape:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Smart Doorbell Market including Somfy、HunterDouglas、Huang Jia、Automatic Curtain、Draper、Motorized Curtain、Belinda, etc. The market is witnessing an influx of local players entering the market. The increase in the price will inevitably lead to the outbreak of a price war, and low prices will become the first choice of consumers.
Segmentation of Automatic Curtain Market:
The commercial sector is further divided into hospitality, healthcare, shopping malls & centers, educational centers, office spaces, and others. The commercial segment is the fastest-growing segment and is expected to hold the majority of market share in the global automatic curtain market. Motorized curtains offer savings on maintenance and cleaning, operational costs due to remote control, and personnel in hotels.
Automatic Curtain Market: Regional Analysis:
Asia-Pacific Region is Fastest Growing in the Market. Countries in the APAC region including China, India, and Japan among others are expected to show significant growth rates in the future due to high economic growth forecasts along with huge population statistics leading to high consumption of goods and products. Growing prominence of smart homes drive strong demand for automated curtains and blinds in APAC region. The changing regulatory compliance scenario and the growing purchasing power among consumers are likely to surpass the demand in the North America market. New product development and technological advancements remain key for competitors to capitalize upon in the Automatic Curtains market across the globe.
Cagr:10.6%
Largest share area:Asia-Pacific Region
Largest share country:China