Sat, 04 Dec 2021


The new report by Expert Market Research titled, 'Global Electrochromic Glass Market Report and Forecast 2021-2026', gives an in-depth analysis of the global electrochromic glass market, assessing the market based on its segments like application, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/electrochromic-glass-market/requestsample

The key highlights of the report include:

Market Overview (2021-2026)

  • Historical Market Size (2020): USD 1.47 Billion
  • Forecast CAGR (2020-2026): 8.4%

Forecast Market Size (2026): USD 2.39 Billion

The growth of global electrochromic glass is driven by its rising application in end-use segments of construction, automobile, and aerospace industries. The usage of electrochromic glass in sunroofs and windows of cars is primarily driven by the demand for alternatives of expensive automated sunroof and curtains. The product, thus, provides more energy-intensive and eco-friendly solutions by allowing a single electrical discharge to modify the properties of windows and displays, thus removing the need for multiple windows or automated power-heavy displays. The growth of the electrochromic glass industry is expected to be driven by these factors in the forecast period.

Industry Definition and Major Segments

Electrochromic glass or smart glass refers to electronic active glass which changes its physical characteristics such as colour, transparency, and reflective nature. It has layer of nanoparticles sandwiched between two layers of glass which lead to change in characteristics due to oxidation or reduction caused by electric current.

The major applications of electrochromic glass are:

The market can be broadly categorised on the basis of its end-use segments into:

  • Construction
  • Automotive
  • Aerospace
  • Others

The regional markets for electrochromic glass include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/electrochromic-glass-market

Market Trends

North America and Europe hold a large share of the global electrochromic glass market due to early acceptance of the commodity in the automotive and construction sectors in the countries. Meanwhile, due to the rising disposable incomes and key investments by the major players in the region, the Asia Pacific is expected to be one of the fastest growing regions during the forecast period. However, electrochromic glass is expected to see an increase in demand due to its increasingly popular use in windows, displays, and sunroofs, especially in developed regions, as the construction sector recovers after the global coronavirus pandemic. Electrochromic glass, along with other smart glass options is seeing an increased adoption in commercial spaces, becoming an energy-friendly alternative to automatic windowpanes/shutters.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Key Market Players

The major players in the market are AGC Inc, ChromoGenics, Kinestral Technologies Inc, Polytronix Inc, and Smartglass International Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.

Contact Person: Sofia Williams, Corporate Sales Specialist - U.S.A.

Email: sales@expertmarketresearch.com

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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