 |
Full Report Description of the Market @:
Smart Glass and Window Market was valued at US$2.2 bn in 2014 and is
expected to exceed US$6 bn by 2021, at a CAGR of 14.7%, from 2015 to
2021.
The smart glass and window market is primarily driven by growing
surge for efficient consumption of energy in buildings. Smart glasses
reduce costs for air conditioning, lighting and heating among others
and also block UV light. Moreover, these glasses are fuel efficient
and have low carbon emissivity and hence are largely incorporated in
personal vehicles. Furthermore, increasing demand from developing
countries and new technological advancement are likely to create
growth opportunity for the global smart glass and window market in
the future. However, prices of smart glasses are approximately double
as compared to conventional glasses. Hence the use of smart windows
is mostly limited to rich commercial and corporate buildings. With
decrease in price of electrochromic materials used in smart windows,
the costs of these glasses are expected to drop down in the future.
Smart glass and window market, by technology: The market is
broadly classified on the basis of technology into:
Active
> Polymer Dispersed Liquid Crystals (PDLC)
> Suspended Particle Device (SPD)
> Electrochromic
> Others (Micro blinds and nano crystals)
Passive
> Passive Photochromic
> Passive Thermochromic
Active smart glass and window held the largest share of the market
globally in 2014 and accounted for more than 80%. These glasses are
easy to operate and can change light transmission properties with the
help of a single switch. Thus, they found huge application in
construction and transportation sectors. The suspended particle
device segment contributed to the largest share of the active smart
glass and window market in 2014, owing to wide application in
automobiles and airplanes.
Get free Sample Research Report of this Market @:
Passive photochromic smart windows provide broader range of
dimmability and have potential application in architectural sector.
Thus this segment held the largest share of the global market for
passive smart glass and window.
Smart glass and window market, by application The market is
broadly divided on the basis of application into:
> Automotive
> Aircraft
> Construction
> Marine
Automotive sector held the largest share of the market in 2014.
Increasing demand for fuel efficiency, better adaptability and
control of light along with passenger privacy and protection from
radiation are some of the major factors boosting the demand for smart
glass and window in automotive sector.
North America region have the largest share of global market in terms
of revenue in 2014 and accounted for more than 30% of the overall
market. The market in North America is primarily driven by increasing
technological development and rising consumer awareness for energy
conservation in U.S. and Canada among others. Europe held the second
largest market globally and accounted for more than 25%. The market
in this region is driven by increasing architectural developments
along with existence of large glass formats in Europe.
Some of the key players in this Market are:
> Research Frontiers, Inc. (U.S.)
> View Inc.(U.S.)
> Pleotint Llc.(U.S.)
> Asahi Glass Co., Ltd.(Japan)
> Compagnie de Saint-Gobain S.A.(France)
> Hitachi Chemical Co., Ltd.(Japan)
Customize the Report According to the Need at:
No comments:
Post a Comment