Market Overview:
The global electrochromic glass and devices market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient buildings and rising awareness about the benefits of using electrochromic glass and devices. The global electrochromic glass and devices market is segmented by type, application, and region. By type, the market is divided into windows, mirrors, displays, and others. Windows are further classified into residential windows and commercial windows. Mirrors are sub-divided into architectural mirrors and automotive mirrors. Displays are further classified into televisions, smartphones/tablets/laptops screens, smart watches screens etc., Others include glasses/sunglasses etc. Geographically speaking North America dominates this Electro Chromatic Glass Devices Market with highest share value in 2017 which will continue its dominance during forecast period due to stringent government regulations related to energy conservation followed by Europe Asia Pacific holds second place in terms of revenue contribution while MEA accounts for lowest share value during forecast period .
Product Definition:
The definition of Electrochromic Glass and Devices is a type of glass that can change its tint or opacity in response to an electric current. This can be used for things like privacy windows, where you can control when the window is clear or opaque, or for sunglasses that automatically darken in bright sunlight. Electrochromic devices are becoming more and more important as energy usage becomes a bigger issue, as they can help save energy by regulating the amount of light that comes into a building.
Windows:
The global windows market was valued at USD 65.7 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Windows are used in Electrochromic (EC) glass and devices for controlling light transmission, absorption, reflection, and emission characteristics on demand by changing its thickness using electrochemical means.
Mirrors:
The Mirrors are used in Electrochromic Glass and Devices for varied applications such as adjust the intensity of light, reflect or transmit the light on the basis of consumer requirements. The electrochromic mirrors are made up of two glass plates sandwiching an electric current between them, which can be controlled by applying voltage between the two electrodes. These mirrors find application in automotive windows, smartphone screens and tabletops where they help to reduce solar heat gain and increase interior temperature control.
Application Insights:
The commercial application segment dominated the global electrochromic glass and devices market in 2017. This can be attributed to growing demand for energy-efficient and environment-friendly products in building & construction, automotive & transportation, industrial applications. Growing urbanization across developing countries such as India, China and Brazil is expected to increase the use of mirrors in automobiles which will further propel product demand over the forecast period.
Residential application was estimated at USD 281.3 million in 2017 owing to rising awareness about saving electricity costs coupled with a shift towards green technologies among consumers worldwide. Moreover, governments are promoting investments for installing solar power systems on homes which will eventually boost product consumption over the forecast period especially in North America and Europe regions where sunlight is abundant throughout most of the year.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to growing adoption of electrochromic glass in various applications, such as automotive windows, display devices, and mirrors. Increasing use of these products due to their ability to change color depending on the voltage applied is also one of the major factors driving regional growth.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing with increasing number and size of manufacturing facilities by key players operating in this industry. For instance, LG Display Co., Ltd., a Korean manufacturer has announced plans for expanding its production capacity at Gumi city located near Seoul by adding another line that will have an annual capacity equivalent to that used by entire U.S industry combined (approximately 4 million square feet).
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products
- Growing awareness about the benefits of electrochromic glass and devices
- Rising demand from the automotive industry
- Growing popularity of smart buildings and green architecture
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrochromic Glass and Devices Market Research Report
By Type
Windows, Mirrors, Displays, Others
By Application
Commercial, Residential
By Companies
Asahi Glass, Chromogenics AB, Econtrol-Glas GmbH & Co. KG, Guardian Industries Corporation, Gentex Corporation, Magna Mirrors Holding, PPG Industries, Ravenbrick, Sage Electrochromics, Asahi Glass
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Electrochromic Glass and Devices Market Report Segments:
The global Electrochromic Glass and Devices market is segmented on the basis of:
Types
Windows, Mirrors, Displays, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Glass
- Chromogenics AB
- Econtrol-Glas GmbH & Co. KG
- Guardian Industries Corporation
- Gentex Corporation
- Magna Mirrors Holding
- PPG Industries
- Ravenbrick
- Sage Electrochromics
- Asahi Glass
Highlights of The Electrochromic Glass and Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Windows
- Mirrors
- Displays
- Others
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrochromic Glass and Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrochromic glass is a type of glass that can change its color based on an electric current. This technology is used in windows and other devices to control the amount of light that enters into a room.
Some of the major companies in the electrochromic glass and devices market are Asahi Glass, Chromogenics AB, Econtrol-Glas GmbH & Co. KG, Guardian Industries Corporation, Gentex Corporation, Magna Mirrors Holding, PPG Industries, Ravenbrick, Sage Electrochromics, Asahi Glass.
The electrochromic glass and devices market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrochromic Glass and Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrochromic Glass and Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrochromic Glass and Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrochromic Glass and Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrochromic Glass and Devices Market Size & Forecast, 2020-2028
4.5.1 Electrochromic Glass and Devices Market Size and Y-o-Y Growth
4.5.2 Electrochromic Glass and Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Windows
5.2.2 Mirrors
5.2.3 Displays
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrochromic Glass and Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrochromic Glass and Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Windows
9.6.2 Mirrors
9.6.3 Displays
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Windows
10.6.2 Mirrors
10.6.3 Displays
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Windows
11.6.2 Mirrors
11.6.3 Displays
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Windows
12.6.2 Mirrors
12.6.3 Displays
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Windows
13.6.2 Mirrors
13.6.3 Displays
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrochromic Glass and Devices Market: Competitive Dashboard
14.2 Global Electrochromic Glass and Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Glass
14.3.2 Chromogenics AB
14.3.3 Econtrol-Glas GmbH & Co. KG
14.3.4 Guardian Industries Corporation
14.3.5 Gentex Corporation
14.3.6 Magna Mirrors Holding
14.3.7 PPG Industries
14.3.8 Ravenbrick
14.3.9 Sage Electrochromics
14.3.10 Asahi Glass
