Persistence Market Research is released upcoming report on title "Electrochromic Smart Glass Market: Global Industry Analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 05/11/2015 -- An Eelectrochromic smart glass is a technological glass, which can change its properties according to the needs of its environment. Electrochromic smart glasses consist of two glass panes with various layers sandwiched between them. Electrochromic smart glasses can be tinted, clear, colored, and opaque. This glass has the capacity to modulate heat and transmit light transmissionaccording to the situation. Low-power consumption and integration of color without color filters are some of the advantages of electrochromic smart glasses. The switching speed of electrochromic glass is slow and it varies according to the size of the glass panel. Larger glass panels may generally takes more respond time as compared with to shorter glass panels. Desire to regulate the solar radiation through the windows is one of the key reason; most people prefer to use electrochromic smart glass.
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Electrochromic smart glasses is aare modern and innovative smart glasses w, which can be used in educational, buildings,corporate, commercial, and residential buildings, hotels, hospitals, labs, and retail outlets ,commercial and residential building to create partitions in their walls, windows, and skylights. GrowIIncrease in architectural ing investments overinarchitectural segmente further helps to increase in is boosting the growth of the electrochromic smart glass market. Aviation is also one of the major sectors, where the the demand ofor electrochromic smart glasses is expected to growing during the forecasted period.This further helps in the growth of global electrochromic smart glass market.
Application of eElectrochromic smart glasses is find a wide range of lyapplication in the automobile sector. Premium automobile players, such as Mercedes-Benz SLK and BMW AG, use electrochromic smart glasses in their windows and roofs. Global brands such as SAGE Electrochromics and Smartglass International Limited offer smosthighly-innovative electrochromic smart glasses in the market with emphasis onequipped with the latest technologygies and better quality. GrowinIIncreaseing in investments overin research and development, on electrochromic smart glass and introduction of new technology and technological advancements further helps in the drive the growth of the electrochromic smart glass market.
Asia Pacific is one of the prominent markets for electrochromic smart glass markets. With the growth Increasing investments overin domestic and institutional buildings constructions in Asia Pacific, is boosting the growth of the electrochromic smart glass market isalsoon the risen this region. Rising economy and growiincreasingng household income are some of the key factors which triggers driving the growth of the electrochromic smart glass market in Asia Pacific region. Asia Pacific This region is expected to witness be the fastest-growing market for electrochromic smart glasses during the forecast ed period. In the U.S., the the energy consumed by commercial and residential buildings is estimated to be around 40% of the total nation's annual energy consumption of the country . Heat transmission through windows account s for around 20% of the total energy consumed. by buildings.The Uuse of electrochromic smart glasses further helps in the energy reduction of energy consumption. Government initiatives regardingto promote the Nnet-Zzero -energy Bbuildings concept further helps in the drive the growth of the electrochromic smart glass market. In North America, the U.S. holds the largest market share of the electrochromic smart glass market. The global of electrochromic smart glass market is expected to grow inwitness a double-digit growth rate during the forecast ed period from 2014 to- 2020.
Some of the major companies operating in the global electrochromic glass market are Smartglass International Limited, SAGE Electrochromics, Asahi Glass Corporation , View, Inc., Shenzhen Hongjia Glass Product Co, Dupont, Saint-Gobain S.A., and Guangdong Kangde Xin Window Film Co., Ltd.
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Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
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