Smart Windows Market to reach $5814 million by 2020


Posted June 26, 2015 by ElectronicsIARC

Smart Windows /Glass market was worth $1581.4 million in 2013, and is expected to reach $5814 million by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 20% from 2014 to 2020.
 
[b]Introduction:[/b]
The main application of [b]“Smart Glass”[/b] is currently the [b]“Smart Window”[/b].
Also known as [b]“Switchable Glass”[/b], it is a glass (window in this case) whose light transmission properties are altered when voltage, light or heat is applied. Generally, the glass changes from translucent to transparent. This change happens when the glass blocks some (or all) wavelengths of light to pass through it.

[b]Smart glass technologies include:[/b]
• Electrochromic,
• Photochromic
• Thermochromic,Suspended particle,
• Micro-blind and
• Liquid Crystal Devices.

[b]Table of contents and insights:[/b]
http://industryarc.com/Report/1258/smart-windows-market-analysis-report.html

The major growth segment of this market is estimated to be the [b]architectural section[/b].
Particularly, dynamic light transmission adjustment property of [b]Electrochromic smart glass[/b], offers users the ease of controlling the light (thereby heat), using a simple switch. Thus, [b]smart glass[/b] is becoming an increasingly popular choice for windows, doors, skylights, partitions in commercial as well as residential buildings.

[b]Factors inhibiting the smart windows market growth:[/b]
o Extreme use of electricity – all active systems apparently depend on power.
o Durability – reports of systems failing or badly degrading after 2 – 3 years.
o Speed of change from clear to opaque/translucent is quite low.
o Speed – some systems are too slow.

[b]Segmentation of the smart windows market:[/b]

Based on [b]Geography:[/b]
• North America,
• Europe,
• APAC,
• RoW and
• Latin America.

Based on [b]Technology:[/b]
• Active smart glass
• Passive smart glass

Based on [b]Application:[/b]
• Architectural
• Transportation
• Power Generation Plant (Solar)
• Electronics & Others

[b]Request for Sample Data / Brochure:[/b]
http://industryarc.com/pdfdownload.aspx?id=1258

According to IndustryARC, [b]Smart Window/Glass market[/b] was worth $1581.4 million in 2013, and is expected to reach $5814 million by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 20% from 2014 to 2020.

[b]Key Players:[/b]
• DuPont (U.S.),
• Gentex Corporation (U.S.),
• Hitachi Chemicals (Japan),
• Smartglass international (Ireland),
• Sage Electrochromics (U.S.)
• Saint Gobain (France),
• Scienstry (U.S.),
• Honeywell International and

[b]About Us:[/b]
IndustryARC is a global market research and business consulting firm based out of India. We have research centers across Asia and Europe with consultants experienced in the following verticals - Agriculture, Automotive, Chemicals and Materials, Energy and Power, Food and Beverages, ICT, Electronics, Life sciences and Healthcare, Automation and Instrumentation.

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[b]For More Reports Click Here:[/b]
http://industryarc.com/Domain/9/electronics-market-research.html

[b]For more details contact:[/b]
Mr. Venkat
Business Development Manager
Email: [email protected]
Phone: 1- 614-588-8538 (Ext-101/102)
http://www.industryarc.com
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Last Updated June 26, 2015