Global Electric Curtains market will reach 17687.6 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2019/10/14
The Electric Curtains industry was 8953.2 million USD in 2018 and is projected to reach 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.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
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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https://www.qyresearch.com/index/detail/1008552/global-electric-curtains-market
This article was first released by QYResearch, if reproduced, please indicate the source.
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Contact:press@qyresearch.com
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Published Date: 2019/10/14
The Electric Curtains industry was 8953.2 million USD in 2018 and is projected to reach 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.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
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.
Click to view the full report:
https://www.qyresearch.com/index/detail/1008552/global-electric-curtains-market
This article was first released by QYResearch, if reproduced, please indicate the source.
Telephone number:020-86655165
Contact:press@qyresearch.com
When contacting, please refer to QYR company's Mia introduction.
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