Global Electrochromic Glass Market 2019 by Manufacturers, Type And Application, Regions, Forecast to 2023


Posted February 7, 2019 by Rishab

Electrochromic glass is a type of smart glass or switchable glass, operating under the electrochromic mechanism. Market Research Future (MRFR) has published a research report.
 
The key factors boosting the market growth for electrochromic glass include growing construction and automobile sector and the worldwide increase in investments in infrastructural developments. The global electrochromic glass market has been segmented on the basis of application, end use, material, and lastly, region. As per the application-based segmentation, this market has been segmented into displays, doors, mirrors, windows, and others.

Electrochromic Glass Key Players:

The key players in the global electrochromic glass market include Asahi Glass Company (Japan), ChromoGenics AB (Sweden), Gentex Corporation (USA), Guardian Industries Corporation (USA), Magna Glass & Window, Inc. (the USA), PPG Industries (USA), RavenBrick LLC (USA), SAGE Glass, Inc.(the USA), and View Inc. (USA)

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Latest Industry News:

5 NOV 2018

View, a tintable-Window glass startup has received US $1.1 bn investment from SoftBank vision fund.

20 JUNE 2018

Kinestral Technologies, maker of Halio™ smart-tinting glass technologies, and AGC, the world’s largest manufacturer of flat glass, are collaborating for two joint venture companies they formed, Halio North America (HNA) and Halio International (HINT) that are now open for business. HNA and HINT are the exclusive sales and service agents for Halio smart-tinting glass for the building industry.

Based on the end use, the market has been segmented into aerospace, automotive, building & construction, marine, and others. Building & construction is the segment that holds largest market share. The segment with the second largest market share in the automotive sector. The material-based segmentation segments the market into nanocrystal, transition metal oxide, and viologen.

Electrochromic Glass Segments:

The regional segmentation of the global electrochromic glass market segments the market into the continent-based regional market known as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA). Among these regional markets, North America is the largest regional market, followed by Europe. During the forecast period, growth for both regional markets is expected. In North America, technological advancement, growing investment, higher adoption rate, and established automotive, as well as construction sectors, are contributing to the growth of this market. The most important regional markets in this region are the United States of America (USA), Canada, and Mexico.

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Electrochromic Glass Regions:

The European market is growing because of the developed automobile and marine industry. The use of electrochromic glass is also increasing in the aviation industry. The growing government encouragement in the development of eco-friendly buildings is leading to the growth in demand for the electrochromic glass, especially in countries such as Belgium, France, and Germany. Other pivotal country-specific markets in this region are Italy, Spain, and the United Kingdom (UK) followed by the rest of Europe.

According to the report, the Asia Pacific has been expected to emerge as the fastest growing regional market during the forecast period. The key market drivers in this region include the growing investment in infrastructural development and rapid growth of the automobile industry. The crucial country-specific markets in this region are Australia, China, India, Japan, and New Zealand, followed by the rest of the Asia Pacific region.

In Latin America, the strong economies that can be ideal markets are Argentina and Brazil, followed by the rest of Latin America. The MEA region shows limited market slow and steady growth. The reasons for the slow market growth in this region are lack of awareness, lack of education, lack of technological development, political instability. The major country-specific markets in this region are Bahrain, Israel, Kuwait, North Africa, Oman, Qatar, Saudi Arabia, Turkey, and the United Arab Emirates (UAE).

Geographical Analysis

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Intended Audience

Electrochromic glass market manufacturers
Traders and Distributors of Electrochromic glass market
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
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Last Updated February 7, 2019