Us Motorised Retractable Awnings Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Motorised Retractable Awnings Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The US motorized retractable awnings market has seen a remarkable growth trajectory, driven by increasing demand for outdoor comfort and protection. These awnings offer a convenient and stylish solution to homeowners looking to enhance their outdoor spaces. The integration of motorized systems allows for easy retraction and extension with just the push of a button, making them a preferred choice for patios, balconies, and decks across the country.
Motorized retractable awnings are designed to provide shade and protection from the sun’s harmful rays, making outdoor spaces more comfortable for extended use. These systems are often equipped with high-quality fabrics and sturdy frames, designed to withstand various weather conditions. In addition, modern motorized retractable awnings come with automation features, including sensors that retract the awning during heavy winds or when the weather conditions are unfavorable.
Key drivers behind the growth of the US market include a rising awareness of energy efficiency and the growing popularity of outdoor living spaces. Homeowners are increasingly opting for motorized retractable awnings to create comfortable outdoor areas, especially in areas with high temperatures. Furthermore, the ability to control the amount of sunlight entering an area can significantly lower cooling costs, making these systems an eco-friendly choice.
In terms of market statistics, the US motorized retractable awnings market is expected to grow at a steady pace, with residential customers contributing the majority of the demand. Commercial sectors, including cafes, restaurants, and hotels, are also increasingly adopting these solutions to enhance their outdoor seating areas and attract more customers.
As technology advances, motorized retractable awnings are incorporating smart features such as smartphone compatibility and integration with home automation systems. This has opened up new opportunities for growth in the market, providing customers with added convenience and control over their outdoor spaces.
One key trend in the market is the focus on customization. With various fabric choices, frame colors, and control options available, homeowners can personalize their retractable awnings to match their style and the design of their outdoor space. This customization has become a significant selling point for many manufacturers aiming to differentiate themselves in the competitive market.
As consumers continue to seek out high-quality, energy-efficient solutions for their homes, the demand for motorized retractable awnings in the US is expected to continue growing. The combination of practicality, aesthetics, and modern technology has made these systems an appealing choice for those looking to enhance their outdoor living experiences.
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Sunesta
RetractableAwnings
Nath Trading
Sunair
WAREMA
ALEKO
KE Outdoor Design
Rolltec Awnings
OZTECH
Majestic Awning
Absolute Awnings
Welda Solar Shading Systems
Awing Depot
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Motorised Retractable Awnings Market
Residential Awnings
Commercial Awnings
Customised Awnings
Polyester
Acrylic
Vinyl
Canvas
Manual Control
Remote Control
Smartphone Application Control
Sensor-Based Control
Wall-Mounted Awnings
Ceiling-Mounted Awnings
Freestanding Awnings
Residential
Hospitality
Retail
Institutional
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Motorised Retractable Awnings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Motorised Retractable Awnings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Motorised Retractable Awnings Market, By Type
6. Global Motorised Retractable Awnings Market, By Application
7. Global Motorised Retractable Awnings Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Motorised Retractable Awnings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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