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Electrochromic Glass Market Expansion to be Persistent During 2025

08-17-2018 05:25 PM CET | IT, New Media & Software

Press release from: CMI - Smart Technologies

Electrochromic Glass Market

Electrochromic Glass Market

Electrochromic glass are electronically switchable glass that can transform from transparent to opaque depending on the potential difference applied across the terminal of the attached to the surface ends of the material. These are increasingly being used in commercial and residential buildings as windows, for automotive mirrors & windows, airplane windows, and space separators. Ability to control transparency or opaqueness to enable user privacy or to control lighting conditions, remotely is expected to be the major factor for growth of the electrochromic glass market over the forecast period.

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Electrochromic glass, also known as electronically switchable glass, has various applications such as partitions, windows, skylights, mirrors, and displays. It enables user to control the light and heat passing through such glass, aiding in regulating temperature through remote operated switch. It works on the principle of electrochromism, which requires utilization of materials that can change color or opacity on applying the potential difference across the surface. Moreover, these materials do not require electricity to maintain particular shade after the change has been achieved. Owing to these relative advantages over conventional glass, the global electrochromic glass market is expected to witness growth over the forecast period.

Energy can be conserved by using windows, sun roofs, and displays made from this glass and this is expected to be among the prominent factors propelling growth of electrochromic glass market. In high opacity state, these materials are characterized to reflect around 98% of the incident light, reducing the requirement of high cost air conditioning systems. According to U.S. Department of Energy's National Renewable Energy Laboratory (NREL), windows made from this glass material can save around 8% of the total energy consumption of the buildings, as these utilize low amounts of electricity to change from transparent to dark. Furthermore, benefits such as offering privacy at the flick of switch (increasing opacity of the glass), protection of furniture and pictures from fading due to excessive light are anticipated to propel growth of the global electrochromic glass market over the forecast period.

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Key Vendors of Electrochromic Glass Market: Asahi Glass Co., Ltd., Chromogenics AB, Econtrol-Glas GmbH & Co. KG, Guardian Industries, Corporation, Gentex Corporation, Magna Mirrors Holding GmbH, PPG Industries, Ravenbrick Llc, Sage Electrochromics, Inc., View, Inc., and Diamond Glass.

Detailed Segmentation:

Global Electrochromic Glass Market, By Application:

Windows
Mirrors
Displays
Others

Global Electrochromic Glass Market, By End Use:

Commercial
Residential
Transportation
Others

Global Electrochromic Glass Market, By Geography:

North America
Europe
Asia Pacific
Latin America
Middle East
Africa

Company Profiles

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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