Electrochromic Glass Market Revenue Structure Analysis: Asahi Glass, Chromogenics AB, Econtrol-Glas, Guardian Industries, Gentex Corporation, Magna Mirrors Holding & Diamond Glass

The electrochromic glass market was valued at US$ 1.55 billion in 2016 and is projected to reach US$ 3.90 billion by 2025, exhibiting a CAGR of 10.92% by 2025. This report provides in-depth analysis of electrochromic glass, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) and cost profit analysis of major keyplayers in the industry.

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This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players. It profiles leading players in the global electrochromic glass system market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, electrochromic glass market capital, key developments, and strategies and future plans.Key companies covered as a part of this study include 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

Key Trends and Analysis of the Global Electrochromic Glass Market:

-Among applications, window was the dominant segment accounting for over 79% of the market, and is expected to retain its dominance over the forecast period. Increasing application of these glass as windows in commercial, residential, automotive, and aerospace segments, in order to control the light and heat transmitted inside, is among the prominent factors contributing to growth of the segment.

-Among end-use, transportation was the dominant segment in terms of revenue share in 2016, and is expected to retain its dominance over the forecast period. This material has been increasing used in high-end aircrafts and in the automotive industry by brands such as Daimler, BMW, and Audi for various applications such as in windows and sunroof. Moreover, in June 2015, according to Tesla Motors Club LLC (TMC), the Tesla Model X is may feature electrochromic windows and roofs for better user comforts.

-Incorporation of photovoltaic devices with this material, is one of the major trends expected to gain traction over the forecast years. The photovoltaic electrochromic (PVEC) systems include non-conductive transparent substrate, thin-film solar panel (Si-TFSC) substrate, and electrochromic solution to feature a semi-transparent property. Increased transmittance, propagation of uniform electric fields, and other properties are its advantages, which is expected to propel demand for these devices and fuel growth of the electrochromic glass market over the forecast period.

Detailed Segmentation of Electrochromic Glass Market Report:

Global Electrochromic Glass Market, By Application:
-Windows
-Mirrors
-Displays
-Others

Global Electrochromic Glass Market, By End Use:
-Commercial
-Residential
-Transportation
-Others

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