Electrochromic Glass Market worth $2.59 Billion by 2020


Posted August 2, 2016 by Rajesh

“Electrochromic Glass” is a kind of glass which changes its light transmission properties when provided with stimulus of voltage. When used in windows, electrochromic glass can control the amount of light passing through them.

 
Technically electrochromic glass market is a combination of chromogenic material that responds to light and heat intensity and adjusts its transparency accordingly, when external voltage is applied. In the electronics industry, it is also known as dynamic glass which offers benefits such as on-demand privacy, control, and energy efficiency. When activated, the glass changes from transparent to translucent, blocking some or all wavelengths of light. Electrochromic Glass, from its early introduction in 1986, has evolved enormously and witnessed significant commercialization in the late 2000s. Since then, the technological development is expected to lead growth of electrochromic glass market in various commercial applications in the future, and also provide opportunities for electrochromic glass applications such as Internet of things, hospitals of the future, and so on. With the growing number of manufacturing plants coming up, the electrochromic glass market is expected to grow at a higher rate during the next five years and onward.

The electrochromic glass materials covered in this report are Transition Metal Oxides (TMOs), Polymers, Reflective Hydride, Nanocrystals and Violegons. The products covered in this report include electrochromic windows, mirrors, and displays among others.

The architecture segment is recognized as a major growth market for this glass. Particularly, the property of dynamic light transmission adjustment of electrochromic smart glass offers users the ease of controlling the sunlight passing through the glass (and thereby heat), using a simple switch. Thus, electrochromic glass is becoming an increasingly popular choice for windows, doors, skylights, and partitions in commercial as well as residential buildings. The transportation sector is another significant electrochromic glass market which holds potential for growth, in terms of demand, for this glass. The adoption of “electrochromic windows” by Boeing in 787 Dreamliner aircraft was one of the pioneering applications of electrochromic glass in the commercial aviation sector.

This report is based on an extensive research study of the electrochromic glass market, and aims at identifying the major application verticals where this glass is expected to bring about revolution in the years to come, particularly in the architecture, transportation, electronics, and other segments. The detailed segmentation on the basis of commercial architectural applications included in the report covers educational buildings, corporates, hospitals & lab facilities, and the retail applications of this glass. The automotive segment takes into account smart glass market products such as windows, doors, windshields, and rear view mirrors.

The report segments the electrochromic glass market on the basis of materials, products, applications, and geography. It provides a thorough analysis of the present market scenario and its projection up to 2020. The report also captures the market roadmap with market size estimates, market size forecasts, value chain, competitive landscape, profiles of leading electrochromic glass market players, and their key developments and strategies. The geographical segmentation section studies the smart glass market in the geographical regions of North America, Europe, APAC, RoW, and Latin America.

The key players in this industry include SAGE Electrochromics, Inc. (U.S.), ChromoGenics AB (Sweden), RavenBrick LLC (U.S.), Asahi Glass Company (Japan), Gentex Corporation (U.S.), EControl-Glas (Germany), Magna Glass & Window, Inc. (U.S.), Guardian Industries (U.S.), PPG Industries (U.S.), and View, Inc. (U.S.).
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Issued By Mr. Rohan
Website Electrochromic Glass Market worth $2.59 Billion by 2020
Business Address Magarpatta city, Hadapsar,Pune, Maharashtra 411013, India
Country India
Categories Electronics
Last Updated August 2, 2016