Published by Coherent Market Insights
Posted on September 20, 2021
United States/WA: The global electrochromic glass market is estimated to exhibit a CAGR of 10.92% over the forecast period
Report Pages:[147 Pages]
The Competitive Area of the Electrochromic Glass Market is Defined by Key Players Like:–Sage Electrochromics, Inc., Chromogenics AB, PPG Industries, View, Inc., Guardian Industries Corporation, Asahi Glass Co., Ltd., Magna Mirrors Holding GmbH, Econtrol-Glas GmbH & Co. KG, Gentex Corporation , Ravenbrick Llc, and Diamond Glass.
Electrochromic Glass Market, by Application (Windows, Mirrors, Displays, and Others), By End-Use (Commercial, Residential, Transportation, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ XX million in 2021 and is expected to exhibit a CAGR of XX% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights
Market Overview:
A transparent or switchable electrochromic glass is a type of glass with its color-changing depending on the intensity of light that passes through it. In simple terms, the glass alters from opaque to transparent and vice versa, reflecting light either through it or blocking some particular wavelengths of light. In most cases, this type of glass has very high scratch resistance, excellent energy efficiency, and great visual clarity. Electrochromic glass is also used in industrial applications such as CCTV camera windows and doors because it has a high resistance to abrasion.
Key Market Drivers:
Increasing usage of such glass in sun roofs, windows, and displays is driving growth of the electrochromic glass market. Moreover, this glass is widely used to save energy consumption of the building by 8%. This saves and lowers the electricity bill as the energy use of the building is reduced.
Continuous launch of the innovative product by key players to cater to growing demand is fostering growth of the market. For instance, in March 2021, Eyrise has launched instant privacy glass for public and commercial venues to provide secure working and social environments that maximize natural daylight. It is fully transparent dynamic liquid crystal glass partitions that can be switched on demand to create a private space.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/1121
Covid-19 Impact Analysis
The Covid-19 pandemic has adversely affected the market is electrochromic glass due to various restrictions imposed by the government such as lockdown and social distancing. This has forced the manufacturer to shut down the facility for a month or more. However, with government bodies coming up with various relaxations on rules, the market is expected to retrieve its position gradually in the market.
Key Takeaways:
The electrochromic glass market is expected to exhibit a CAGR of XX % over the forecast period, owing to the growing demand for such glass from the transportation sector aerospace, and automotive for the creation of the window.
The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the increasing investment in architectural development in the region. According to the India Brand Equity Foundation, in the Union Budget 2021, Rs. 9,000 crore (US$ 1.24 billion) has been allocated to create and augment telecom infrastructure in the country. Also, the Budget 2021 allocated Rs. 42,824 crore (US$ 5.88 billion) for the energy sector. Through the budget, the government announced Rs. 305,984 crore (over five years) for a revamped, reforms-based, and result-linked new power distribution sector scheme.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] Electrochromic glass market to witness strong growth in Asia Pacific region appeared first on Gatorledger.
United States/WA: The global electrochromic glass market is estimated to exhibit a CAGR of 10.92% over the forecast period
Report Pages:[147 Pages]
The Competitive Area of the Electrochromic Glass Market is Defined by Key Players Like:–Sage Electrochromics, Inc., Chromogenics AB, PPG Industries, View, Inc., Guardian Industries Corporation, Asahi Glass Co., Ltd., Magna Mirrors Holding GmbH, Econtrol-Glas GmbH & Co. KG, Gentex Corporation , Ravenbrick Llc, and Diamond Glass.
Electrochromic Glass Market, by Application (Windows, Mirrors, Displays, and Others), By End-Use (Commercial, Residential, Transportation, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ XX million in 2021 and is expected to exhibit a CAGR of XX% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights
Market Overview:
A transparent or switchable electrochromic glass is a type of glass with its color-changing depending on the intensity of light that passes through it. In simple terms, the glass alters from opaque to transparent and vice versa, reflecting light either through it or blocking some particular wavelengths of light. In most cases, this type of glass has very high scratch resistance, excellent energy efficiency, and great visual clarity. Electrochromic glass is also used in industrial applications such as CCTV camera windows and doors because it has a high resistance to abrasion.
Key Market Drivers:
Increasing usage of such glass in sun roofs, windows, and displays is driving growth of the electrochromic glass market. Moreover, this glass is widely used to save energy consumption of the building by 8%. This saves and lowers the electricity bill as the energy use of the building is reduced.
Continuous launch of the innovative product by key players to cater to growing demand is fostering growth of the market. For instance, in March 2021, Eyrise has launched instant privacy glass for public and commercial venues to provide secure working and social environments that maximize natural daylight. It is fully transparent dynamic liquid crystal glass partitions that can be switched on demand to create a private space.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/1121
Covid-19 Impact Analysis
The Covid-19 pandemic has adversely affected the market is electrochromic glass due to various restrictions imposed by the government such as lockdown and social distancing. This has forced the manufacturer to shut down the facility for a month or more. However, with government bodies coming up with various relaxations on rules, the market is expected to retrieve its position gradually in the market.
Key Takeaways:
The electrochromic glass market is expected to exhibit a CAGR of XX % over the forecast period, owing to the growing demand for such glass from the transportation sector aerospace, and automotive for the creation of the window.
The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the increasing investment in architectural development in the region. According to the India Brand Equity Foundation, in the Union Budget 2021, Rs. 9,000 crore (US$ 1.24 billion) has been allocated to create and augment telecom infrastructure in the country. Also, the Budget 2021 allocated Rs. 42,824 crore (US$ 5.88 billion) for the energy sector. Through the budget, the government announced Rs. 305,984 crore (over five years) for a revamped, reforms-based, and result-linked new power distribution sector scheme.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] Electrochromic glass market to witness strong growth in Asia Pacific region appeared first on Gatorledger.
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