Market Trends of Automatic Curtain Industry
Commercial Segment is Fastest Growing in the 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 the 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. Rapid urbanization, increasing population, and changing lifestyles have fueled the demand for automatic curtains in residencies in the global market. Curtains play a vital part in the decor of the home. Electric curtains come with many advantages over traditional curtains, such as energy efficiency, security, convenience, and versatility.
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. The growing prominence of smart homes drives strong demand for automated curtains and blinds in the APAC region. The changing regulatory compliance scenario and the growing purchasing power among consumers are likely to surpass the demand in the North American market. New product development and technological advancements remain key for competitors to capitalize upon in the Automatic Curtains market across the globe. For instance, in 2022, Xiaomi Mijia launched a smart curtain with voice commands. This device allows users to remotely control the drapes in different ways, such as Xiao AI voice commands, the accompanying remote control, or a gentle tug to start the motor.