Global Smart Glass and Window market is expected to grow at a CAGR of 15.1% from 2017 to 2023.
Portland, OR -- (SBWIRE) -- 06/13/2018 -- Smart glass and window are glazing whose characteristics can be changed when heat, light, and voltage are applied. Generally, they change properties from translucent to transparent, allowing some wavelengths of light to pass through. When they are installed in the buildings, they create climate adaptive shells that save costs required for heating, air-conditioning, and lighting. Moreover, they avoid costs involved in installation and maintenance of blinds, curtains, and motorized light screens. Smart glass and window technologies include electrochromic, thermochromic, photochromic, micro-blind, suspended-particle, and polymer-dispersed liquid-crystal devices. The adoption has been widely increased in offices, commercial buildings, and vehicles.
Request Sample Report:
Market Drivers and Restraints:
The global smart glass and window market is driven by factors including demand for energy-efficient products, decline in price of electrochromic materials, and rise in adoption in automotive sector. On the other hand, high initial cost is major restraining factor of the industry. Stringent government regulations and advancements in technology create new opportunities in the industry.
Polymer Dispersed Liquid Crystals (PDLC)
Suspended Particle Device (SPD)
By End User
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
Key Market Players:
Key market players operating in the global smart glass and window industry are discussed in the research to assist leading players and startups gain insights on competitive intensity along with strategies to be adopted to acquire market leadership. Market players explored in the study are Asahi Glass Co., Ltd., Gentex Corporation, Saint-Gobain S.A., Hitachi Chemical Co., Ltd., Glass Apps, Ravenbrick LLC, Pleotint Llc, View Inc., SPD Control System Corporation, and Sage Electrochromics. They have adopted strategies including expansion, joint ventures, partnerships, mergers & acquisitions, collaborations, and others to consolidate their position in the market.
Key Takeaways from the Report:
The report provides an extensive analysis of the global smart glass and window market based on current market conditions and estimations are provided for the forecast period, 2017–2025.
The report offers detailed information on changing market trends to help market players gain insights on market conditions and determine feasibility for investment.
The study offers an extensive analysis of drivers, restraints, and opportunities along with factors that influence the market worldwide.
The study on the global smart glass and window market offers a comprehensive analysis for the historic period and the forecast period along with steps to be taken to gain leading position in the market.
Porter's Five Forces analysis offers details on competitive intensity of the market and highlights potency of buyers and suppliers.