Press release
Vacuum Insulated Glass Market is expected to reach a value of USD 7.11 billion by 2029, growing at a CAGR of 3.85 Percent from 2023 to 2029
Vacuum Insulated Glass Market
The report assesses the repercussions of the COVID-19 lockdowns on the revenue streams of market leaders, followers, and disruptors within the Vacuum Insulated Glass industry. Due to the diverse implementation of lockdown measures across regions and countries, the impact has varied across different segments and geographic areas. The study encompasses both immediate and prolonged consequences on the market, offering valuable insights for decision-makers to formulate short-term and long-term strategies tailored to specific regions.
Vacuum insulated glass emerges as a pivotal solution, contributing to energy conservation, pollution reduction, and enhanced indoor comfort within buildings. The market's driving force stems from a heightened demand for vacuum insulated glass in constructing soundproof laboratories. This demand has spurred due to the glass's outstanding attributes, including a low thermal transmittance U-value, minimized solar energy transmittance, reduced shading coefficient, and elevated sound insulation capabilities. The technology's standout feature lies in its ability to triple a window's thermal insulation, consequently curbing energy consumption by an impressive 75% when compared to single glazed units.
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What are Vacuum Insulated Glass Market Dynamics:
The Vacuum Insulated Glass (VIG) market dynamics encompass a range of influential factors that collectively shape its trajectory. Market demand is primarily driven by the growing emphasis on energy-efficient solutions in construction and infrastructure projects. The rising awareness of environmental sustainability and the need to reduce carbon footprints have prompted an increased adoption of VIG, as it significantly improves thermal insulation and reduces energy consumption.
Technological advancements play a pivotal role, with ongoing research focused on enhancing the production process of VIG, thereby making it more accessible and cost-effective. Moreover, the demand for noise reduction solutions in urban areas has driven the integration of VIG in soundproof windows, fostering its adoption in residential and commercial applications.
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Vacuum Insulated Glass Market Regional Insights:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
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What is Vacuum Insulated Glass Market Segmentation:
by Product
Dual Glaze
Triple Glaze
by Application
Buildings and Construction
Vehicle and machinery
Electric Appliance
Others
by End Use
Commercial
Residential
Industrial
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Who are Vacuum Insulated Glass Market Key Players:
1.AGC Inc.
2.Vishvesh Glasses Private Limited
3.Panasonic Corporation
4.LandGlass Technologies Co., Ltd
5.V-Glass LLC
6.Nippon Sheet Glass Co Ltd
7.Guardian Glass
8.QINHUANGDAO YIWO GLASS CO., LTD
9.ICESUN VACUUM GLASS Ltd
10.T&I Sealed Units Limited
11.Taiwan Glass Ind. Corp
12.BuildingGreen, Inc.
13.Pilkington
14.Fraunhofer ISE
15.AAMA
16.EnOB
17.Guardian
18.WINSMART
19.IGE Glass Technologies, Inc.
Key Offerings:
• Past Market Size and Competitive Landscape (2023 to 2029)
• Past Pricing and price curve by region (2023 to 2029)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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