Deerfield Beach, FL -- (SBWire) -- 08/10/2016 --Smart glass or smart windows are made up of special glass that changes the amount of light transmitted through it on the basis of voltage, heat or light supplied. As per the input voltage, the glass may change to transparent or translucent and thus controlling the amount of light and heat passing through it. Global Smart glass and windows market is expected to reach $ 3.89 billion by 2017. Initially, smart glasses were meant for architectural purposes in buildings; however, now the application of this material has widened its horizon to automotives, rail, marine, aviation, etc. Rising sales of luxury cars is one of the factors assisting in adoption of smart glasses in cars. Furthermore, rising energy crisis and need for energy efficiency in buildings is also a key driver of this market. It is estimated that the demand for energy would rise by 40% by 2040. Use of smart glasses helps to maintain the temperature and thus avoids additional electricity usage for the same.
High price of these glasses is a major concern for end users and is deterring the market growth. This restricts the boundary of its consumers to a limited range including rich corporate and commercial buildings. However, decline in price of electro chromic particles used in this technology might bring down the overall price of smart glass to almost 50% by the next decade. The volume of smart glass and windows is expected to reach 2.8 million square meters. This report provides in-depth analysis of the smart glass and smart windows market and delivers future trends and estimation until 2020.
Key companies profiled in this report include Asahi Glass Company ltd., Corning, INC., DOMOTICWARE, Dupont, Gentex corporation, GlasNovations Ltd, Hitachi Chemical Co., Ltd., Innovative Glass Corp., LTI smart glass and Polytronix, Inc.
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KEY BENEFITS
- Identification of market forces acting in the market based on porter's five force analysis
- Top ten investment pockets in every market segment
- Impact analysis of drivers and restraints on the market growth
- Key investment pockets for various geographies and application areas
- Competitive landscape would help the stakeholders take strategic business decisions
- Impact of rising energy crisis on this market
- Key market trends in each segment
- Illustrative segmentation, and forecast of major geographies
Key Market Segments Global Smart Glass and Windows Market, By Technology
Smart Glass
- Suspended Particle device (SPD) glass
- Electrochromic (EC) glass
- Liquid crystals (LC)/Polymer Dispersed Liquid Crystals (PDLC) glass
- Thermochromic glass
- Photochromics or photochromatics glass
Smart Windows
- Passive smart windows/non-electric windows (Photochromic & thermochromics)
- Active smart windows/electric windows (SPD, LC/PDLC & EC)
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Global Smart Glass and Windows Market, By Application
- Architectural
- Commercial
- Residential
- Transportation
- Automotive
- Bus/rail
- Aerospace
- Marine
- Other Applications
Global Smart Glass and Windows Market, By Geography
- North America
- Europe
- Asia Pacific
- RoW
KEY AUDIENCES
- Automotive manufacturers
- Building construction firms
- Aerospace business dealers
- Window glass manufacturers
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Global Smart Glass and Smart Windows Market 2016: Industry Review, Research, Statistics, and Growth to 2021
Global Market Research Report on Smart Glass and Smart Windows Market 2016 is a professional and in-depth complete study on the current state of the Smart Glass and Smart Windows worldwide.