The Report “Smart Windows Market – Analysis and Forecast: By Technology (Passive,
Active On-Demand, Photochromic, Thermochromic, PDLC, SPD, EC); By Application
(Automotive, Commercial, Residential, Aerospace) - With Forecast (2015 -
2020)”, published by IndustryARC, the market to reach $9.1 billion by 2020
Browse 46 Market Tables, 44 Figures spread
through 206 Pages and an in-depth TOC on
“Smart Windows Market”
Smart
Windows incorporates a laminated glass or smart glass or
switchable glazing which controls the amount of glare, privacy, light and heat
transmitted manually or automatically. Smart
windows can also potentially solve the need for using blinds and curtains with a switch which instantly dims the windows.
The Market
report on smart windows from IndustryARC is a detailed study across
several segments including type of technology, applications, thin film
materials, transparent conductor materials and key geographic regions.
According to IndustryARC
Analysis, smart windows market for
architectural segment is projected to increase from $2.4 billion in 2014 to
$5.7 billion by 2020 at a CAGR of 18.7%. In the same period, the overall market
for smart windows is also increasing due to the raising demand for various end
user applications such as commercial and residential buildings, high end cars
and airplanes. Major applications of smart window market are architectural,
aerospace and marine industries.
The countries which have more population in
the world are India and China, therefore the consumption of the energy in terms
of industrial, transportation, residential and commercial is high in these
countries. The most significant of these inclinations is increase in the cost
of energy in the long-term with slow variations which can be expected in the
coming years. The government in Japan also spends huge amounts in the
renovation of the buildings which can be more strong and resistant to the
external impacts. Moreover, countries such as China, India, and Taiwan are the
emerging countries and the energy production and consumption typically being
more, need more efficient technologies to conserve and reduce their energy
needs. Smart windows as such will be a key prospect in the Asian countries as
part of the long-term initiatives of the respective governments.
The new innovations such as smart windows and smart glass can
substitute the traditional windows in the construction of buildings so that the
consumption of the energy will be comparatively very low. It is essential for
the companies of smart windows to create
investments for the benefit of future. It is expected that the competencies
for the energy efficiency would increase in the coming years for the growth in
the smart windows market.
Major
players of smart windows market are Saint-Gobain, DuPont, Asahi
Glass, Hitachi Chemical, Corning Inc., Guardian Industries, PPG Industries
Inc., Smartglass International, Gentex Corporation, Vision Systems and others. Suppliers
of thin films also play a major role in smart
windows market and major players in this segment include Wenzhou Yongfeng,
Corning, DuPont, Richtech, Sekisui and many more. Moreover, these players are
actively looking to increase their market share in the next five years by executing
strategic partnerships and acquisitions.
About
IndustryARC:
IndustryARC is a research and consulting firm that publishes more
than 500 reports annually in various industries, such as Agriculture,
Automotive, Automation & Instrumentation, Chemicals and Materials, Energy
and Power, Electronics, Food & Beverages, Information Technology, Life
sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and
Newer Applications of the Market. Our Custom Research Services are designed to
provide insights on the constant flux in the global demand-supply gap of
markets. Our strong analyst team enables us to meet the client research needs
at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address
customer needs; stay ahead in the market; become the top competitor and get
real-time recommendations on business strategies and deals. Contact us to find
out how we can help you today.
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