Global Electrochromic Glass Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Semiconductor & Electronics Date : October 5th, 2018
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The global Electrochromic glass market is expected to increase from USD 2.1 billion in 2017, to USD 6.22 billion in 2024 at a significant CAGR of 16.8% during the forecast period from 2018 to 2024. Factors driving the market growth are increasing demand for energy efficient solutions, control the amount of heat based on ambient temperature, emerging green building initiatives, rapid investments in setting up industrial-scale production capacities, escalating technology scalability potential, and swift emission of carbon. Moreover, supportive government policies and growing concerns of the municipalities and government agencies toward environmental issues also augment the growth of the Electrochemical market, globally. A major trend that will hop in the Electrochromic market is an increment in use of photovoltaic-integrated Electrochromic devices in applications of smart glass. However, lack of technical experts and awareness among people may restraint the growth of the global Electrochromic glass market. The years used for the assessment are as follows:

  • Historical year: 2014, 2015, 2016
  • Base year: 2017
  • Forecast period: 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total Electrochromic glass market and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the Electrochromic glass market
  • Finalizing the overall size and share for the global Electrochromic glass market

OBJECTIVES:

  • To classify the global Electrochromic glass market into segments by mode of operations, materials, products, end-user, application and region and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers, and restraints associated with the Electrochromic glass market
  • Profiling key companies operating in the global Electrochromic glass market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for the global Electrochromic glass is as follows:

By Mode of Operation

  • Reflectance
  • Transmittance

By materials

  • Inorganic
  • Organic

By products

  • Smart Dimming glass
  • Display

By End-User

  • Building & construction
  • Electronics
  • Healthcare,
  • Automotive,
  • Aerospace or Aviation,
  • Marine
  • Others

By Application

  • Windows
  • Mirrors
  • Doors
  • Displays
  • Sunglasses
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Middle East & Africa
  • Latin America

The global Electrochromic glass market is expected to increase from USD 2.1 billion in 2017, to USD 6.22 billion, at a significant CAGR of 16.8% during the forecast period. Factors driving the market growth are increasing demand for energy efficient solutions, control the amount of heat based on ambient temperature, emerging green building initiatives, rapid investments in setting up industrial-scale production capacities, escalating technology scalability potential, and swift emission of carbon. Moreover, supportive government policies and growing concerns of the municipalities and government agencies toward environmental issues also augment the growth of the Electrochemical market, globally. A major trend that will hop in the Electrochromic market is anincrement in use of photovoltaic-integrated Electrochromic devices in applications of smart glass. However, lack of technical experts and awareness among people may restraint the growth of the global Electrochromic glass market.

Electrochromic glass or electronically switchable glass is a kind of smart glass whose optical transmission properties are altered when voltage or heat is applied. When a voltage is applied, the Electrochromic glass responds to the applied voltage and transforms its state from transparent to translucent, blocking some or all wavelengths of light. While improving reliability, it saves cost, space, ruggedness, and sustains the life of electronics and active optics. Furthermore, Electrochromic technology can be employed in indoor applications such as, protecting objects under the glass of museum, display or showcases and picture frame from the harmful effects of the visible and UV wavelengths of artificial light. Electrochromic smart glasses can also be used in educational, commercial, corporate and residential buildings, hospitals, hotels, labs, and retail outlets to create partitions in their windows, walls and skylights.

The global Electrochromic glass market is segmented on the basis of mode of operation (reflectance and transmittance), materials (Inorganic and organic), products (Smart Dimming glass and Display), end-user (building & construction, electronics, healthcare, automotive, aerospace or aviation, marine, and others) application (windows, mirrors, doors, displays, sunglasses, and others), and region. On the basis of end-user, transportation segment is anticipated to be a major segment. Based on material, the inorganic and organic sub-segment consist of nanocrystal (Inorganic), transition metal oxides (Inorganic), reflective hydride (organic), viologen (organic), and polymers (organic).

Key companies profiled in this market are Saint-Gobain S.A., SAGE Electrochromics, View Inc., Asahi Glass Co. Ltd., E. I. du Pont de Nemours and Company,Gentex Corporation, Ravenbrick Llc, and Smartglass International Limited.

electochromic glass market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Mode of Operation

1.2.2. Market Breakdown, By Materials

1.2.3. Market Breakdown, By Products

1.2.4. Market Breakdown, By End-User

1.2.5. Market Breakdown, By Application

1.2.6. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Sources

1.5. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities

2.2.2.1. Technological advancement in the field of active smart glass provides an opportunity to the Electrochromic glass manufacturers

2.2.3. Trends

2.2.3.1. A major trend that will hop in the Electrochromic market is an increment in use of photovoltaic-integrated Electrochromic devices in applications of smart glass

2.2.4. Growth Drivers

2.2.4.1. Increasing demand for energy efficient solutions

2.2.4.2. Control the amount of heat based on ambient temperature

2.2.4.3. Emerging green building initiatives

2.2.4.4. Rapid investments in setting up industrial-scale production capacities

2.2.4.5. Escalating technology scalability potential

2.2.4.6. Swift emission of carbon

2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

2.2.6. Restraints of the Market

2.2.6.1. Lack of technical experts and lack of awareness

2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTLE Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Electrochromic Glass Market Size and Forecast (2014 – 2024)

4.1. Global Electrochromic Glass Market, By Mode of Operation

4.1.1. Reflectance

4.1.2. Transmittance

4.2. Global Electrochromic Glass Market, By Materials

4.2.1. Inorganic

  4.2.1.1. Nanocrystal

  4.2.1.2. Transition Metal Oxides

4.2.2. Organic

  4.2.2.1. Reflective Hydride

  4.2.2.2. Viologen

  4.2.2.3. Polymers

4.3. Global Electrochromic Glass Market, By Products

4.3.1. Smart Dimming Glass

4.3.2. Display

4.4. Global Electrochromic Glass Market, By End-User

4.4.1. Building & Construction

4.4.2. Electronics

4.4.3. Healthcare

4.4.4. Automotive

4.4.5. Aerospace or Aviation

4.4.6. Marine

4.4.7. Others

4.5. Global Electrochromic Glass Market, By Application

4.5.1. Windows

4.5.2. Mirrors

4.5.3. Doors

4.5.4. Displays

        4.5.5. Sunglasses

4.5.6. Others

4.6. Global Electrochromic Glass Market, By Region

4.6.1. North America

4.6.2. Europe

4.6.3. Asia-Pacific (APAC)

4.6.4. Rest of the World (RoW)

CHAPTER 5. Global Electrochromic Glass Market, By Region

5.1. North America Electrochromic Glass Market (USD Billion)

5.1.1. North America Electrochromic Glass Market, By Mode of Operation (USD Billion)

5.1.2. North America Electrochromic Glass Market, By Materials (USD Billion)

5.1.3. North America Electrochromic Glass Market, By Products(USD Billion)

5.1.4. North America Electrochromic Glass Market, By End-User(USD Billion)

5.1.5. North America Electrochromic Glass Market, By Application(USD Billion)

5.1.6. North AmericaElectrochromic Glass Market, By Country (USD Billion)

  5.1.6.1. U.S. Electrochromic Glass Market (USD Billion)

  5.1.6.2. Canada Electrochromic Glass Market (USD Billion)

  5.1.6.3. Mexico Electrochromic Glass Market (USD Billion)

5.2. Europe Electrochromic Glass Market (USD Billion)

5.2.1. Europe Electrochromic Glass Market, By Mode of Operation (USD Billion)

5.2.2. Europe Electrochromic Glass Market, By Materials (USD Billion)

5.2.3. Europe Electrochromic Glass Market, By Products (USD Billion)

5.2.4. Europe Electrochromic Glass Market, By End-User (USD Billion)

5.2.5. Europe Electrochromic Glass Market, By Application (USD Billion)

5.2.6. Europe Electrochromic Glass Market, By Country (USD Billion)

  5.2.6.1. Germany Electrochromic Glass Market (USD Billion)

  5.2.6.2. France Electrochromic Glass Market (USD Billion)

  5.2.6.3. Italy Electrochromic Glass Market (USD Billion)

  5.2.6.4. UK Electrochromic Glass Market (USD Billion)

  5.2.6.5. Rest of Europe Electrochromic Glass Market (USD Billion)

5.3. Asia-Pacific Electrochromic Glass Market (USD Billion)

5.3.1. Asia-Pacific Electrochromic Glass Market, By Mode of Operation (USD Billion)

5.3.2. Asia-Pacific Electrochromic Glass Market, By Materials (USD Billion)

5.3.3. Asia-Pacific Electrochromic Glass Market, By Products (USD Billion)

5.3.4. Asia-Pacific Electrochromic Glass Market, By End-User (USD Billion)

5.3.5. Asia-Pacific Electrochromic Glass Market, By Application (USD Billion)

5.3.6. Asia-Pacific Electrochromic Glass Market, By Country (USD Billion)

  5.3.6.1. China Electrochromic Glass Market (USD Billion)

  5.3.6.2. Japan Electrochromic Glass Market (USD Billion)

  5.3.6.3. India Electrochromic Glass Market (USD Billion)

  5.3.6.4. South Korea Electrochromic Glass Market (USD Billion)

  5.3.6.5. Rest of Asia-Pacific Electrochromic Glass Market (USD Billion)

5.4. Rest of the World (RoW) Electrochromic Glass Market (USD Billion)

5.4.1. Rest of the World (RoW) Electrochromic Glass Market, By Mode of Operation (USD Billion)

5.4.2. Rest of the World (RoW) Electrochromic Glass Market, By Materials (USD Billion)

5.4.3. Rest of the World (RoW) Electrochromic Glass Market, By Products (USD Billion)

5.4.4. Rest of the World (RoW) Electrochromic Glass Market, By End-User (USD Billion)

5.4.5. Rest of the World (RoW) Electrochromic Glass Market, By Application (USD Billion)

5.4.6. Rest of the World (RoW) Electrochromic Glass Market, By Country (USD Billion)

  5.4.6.1. Middle East & Africa (MEA) Electrochromic Glass Market (USD Billion)

  5.4.6.2. South America Electrochromic Glass Market (USD Billion)

CHAPTER 6. Key Players and Strategic Developments

6.1. Saint-Gobain S.A.

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. SAGE Electrochromics

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. View Inc.

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. Asahi Glass Co. Ltd.

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. E. I. du Pont de Nemours and Company

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. Gentex Corporation

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Ravenbrick Llc

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. SWOT Analysis

6.7.5. Strategic Developments

6.8. Smart International Limited

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. SWOT Analysis

6.8.5. Strategic Developments

6.9. ChromoGenics AB

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. SWOT Analysis

6.9.5. Strategic Developments

6.10. Guardian Industries

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. SWOT Analysis

6.10.5. Strategic Developments

6.11. Abbreviations

Global Electrochromic glass market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation Forecast 2024