The new report by Expert Market Research titled, ‘Global Electrochromic Glass Market Size, Share, Trend, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global electrochromic glass market, assessing the market based on its segments like application, end use, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/electrochromic-glass-market/requestsample
The key highlights of the report include:
Market Overview (2021-2026)
- Historical Market Size (2020): USD 1.47 Billion
- Forecast CAGR (2020-2026): 8.4%
- Forecast Market Size (2026): USD 2.39 Billion
The growth of global electrochromic glass is driven by its rising application in end-use segments of construction, automobile, and aerospace industries. The usage of electrochromic glass in sunroofs and windows of cars is primarily driven by the demand for alternatives of expensive automated sunroof and curtains.
The product, thus, provides more energy-intensive and eco-friendly solutions by allowing a single electrical discharge to modify the properties of windows and displays, thus removing the need for multiple windows or automated power-heavy displays. The growth of the electrochromic glass industry is expected to be driven by these factors in the forecast period.
Industry Definition and Major Segments
Electrochromic glass or smart glass refers to electronic active glass which changes its physical characteristics such as colour, transparency, and reflective nature. It has layer of nanoparticles sandwiched between two layers of glass which lead to change in characteristics due to oxidation or reduction caused by electric current.
The major applications of electrochromic glass are:
The market can be broadly categorised on the basis of its end-use segments into:
The regional markets for electrochromic glass include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/electrochromic-glass-market
North America and Europe hold a large share of the global electrochromic glass market due to early acceptance of the commodity in the automotive and construction sectors in the countries. Meanwhile, due to the rising disposable incomes and key investments by the major players in the region, the Asia Pacific is expected to be one of the fastest growing regions during the forecast period.
However, electrochromic glass is expected to see an increase in demand due to its increasingly popular use in windows, displays, and sunroofs, especially in developed regions, as the construction sector recovers after the global coronavirus pandemic. Electrochromic glass, along with other smart glass options is seeing an increased adoption in commercial spaces, becoming an energy-friendly alternative to automatic windowpanes/shutters.
Key Market Players
The major players in the market are AGC Inc, ChromoGenics, Kinestral Technologies Inc, Polytronix Inc, and Smartglass International Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
North America Interior Design Services Market: https://www.expertmarketresearch.com/reports/north-america-interior-design-services-market
Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market
Flavoured Tea Ingredients Market: https://www.expertmarketresearch.com/reports/flavoured-tea-ingredients-market
Transparent Conductive Films Market: https://www.expertmarketresearch.com/reports/transparent-conductive-films-market
Gastric Ulcer Treatment Market: https://www.expertmarketresearch.com/reports/gastric-ulcer-treatment-market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person:- Eliana Grace, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA