Global smart windows market trajectory and analysis, 2012-2019 and 2020-2027
DUBLIN, July 07, 2021– (COMMERCIAL THREAD)–The “Smart Windows – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer.
Global smart windows market to reach $ 6.8 billion by 2026
Amid the COVID-19 crisis, the global smart window market, estimated at US $ 3.6 billion in 2020, is expected to reach a revised size of US $ 6.8 billion by 2026, with growth at a CAGR of 11.3% over the analysis period.
Suspended Particle Devices (SPDs), one of the segments analyzed in the report, is expected to register a CAGR of 9% and reach $ 4.1 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the electrochromic segment is readjusted to a revised CAGR of 16.4% for the next 7-year period.
Windows in buildings and automobiles play an important role in providing a sense of space and allowing the entry and ventilation of air and light, thereby contributing to the overall health of occupants. Windows have gained increasing importance in modern homes, in terms of safety, security and aesthetics.
However, windows also represent ducted heat exchange, raising or lowering interior temperatures of buildings and automobiles according to seasonal conditions, resulting in higher energy consumption in the form of heating and cooling. Glass windows allow the heat of the sun to enter buildings, thus heating the interiors.
While blinds and curtains are used to prevent solar heat, they tend to disconnect occupants from the outside world. A smart window comes into play here because it reduces solar heat gain while providing a transparent view of the outside. Smart windows have become a staple of the latest and greatest in smart home technology.
Polymer Dispersed Liquid Crystal (PDLC) Segment To Reach $ 751.5 Million By 2026
In the global Liquid Crystal Dispersed in Polymer (PDLC) segment, the United States, Canada, Japan, China and Europe will lead the estimated 12.7% CAGR for this segment. These regional markets representing a combined market size of US $ 311.5 million in 2020 will reach a projected size of US $ 719.8 million by the end of the analysis period.
China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 70.1 million by 2026.
Main topics covered:
I. METHODOLOGY
II. ABSTRACT
1. MARKET OVERVIEW
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Growth of COVID-19 pandemic in the global smart window market
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Overview of the performance of key end-use markets
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Automotive industry
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Construction sector
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Smart windows: a prelude
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Smart glass: a growing area of ââinterest
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Types of smart windows
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Market outlook
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Growth engines at a glance
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Main growth constraints
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Suspended Particle Device (SPD) glass counts for a significant portion
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Developed markets dominate, while developing markets drive growth
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China: a fast growing market for smart windows
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High costs: a major problem
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Competition
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Market is witnessing rising investment and increasing patent activity
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Main Smart Glass Windows start-ups
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Smart Window Solutions Notable in the World: Brief Product Details and Key Features
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Research and development: time to expand market adoption
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Recent market activity
2. FOCUS ON CERTAIN PLAYERS (Total 77 featured)
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Chromogeny
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EControl-Glas GmbH & Co. KG
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GlasNovations Ltd.
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Hitachi Chemical Co., Ltd.
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Polytronix, Inc.
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Research Frontiers, Inc.
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SAGE Electrochromics, Inc.
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Scienstry, Inc.
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Vue, Inc.
3. MARKET TRENDS AND FACTORS
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Many Benefits of Smart Glass Windows Drive Widespread Adoption in Architectural Applications
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List of exterior, interior and projection applications of smart glass in the architectural sector
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Smart windows offer several benefits to building owners
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Growing concerns about energy loss are driving demand for switchable smart glass in various applications
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Aesthetics: the fundamental factor behind the huge popularity of smart windows
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The implementation of smart buildings and smart cities increases the prospects
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Recovery in the construction sector to stimulate growth
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Transport: an important market for smart windows
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Focus on fuel efficiency, better fuel economy and improved vehicle designs drive demand
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Self-cleaning and self-healing applications are on the rise
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Self-tinting in automotive windows: an overview
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Lightweight smart glass: premium materials in connected cars
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Smart windows seek opportunities in self-driving cars
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Resumption of automotive production: an important indicator of opportunity
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The proliferation of electric vehicles to help smart glass be adopted by the general public
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The increase in electricity consumption and the resulting energy costs are driving the demand for automatic window tinting in the building sector
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Smart windows in airplanes allow efficient light and glare management
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Growing focus on improving the consumer experience at airports to drive smart window installations
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Impact of COVID-19 on Airlines and Airports
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Smart glass for smart yachts: an avenue for potential growth
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Superior attributes of active smart glass promote higher growth than passive types
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Comparison of Active Smart Glass technologies
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Electrochromy and SPD: cutting-edge technologies for smart glass
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Active smart glass PDLC: an alternative to the penetration of active smart glass PDLC with limited capacities
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Innovation and progress in smart glass
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Nanotechnology brings hope to help buildings see green through smart windows
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Water repellency and ventilation options
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Smart window with the potential to regulate and harness solar energy for energy efficient buildings
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Smart windows absorbing near UV light
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Innovative smart glass solutions that replace electronic blinds
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Smart windows powered by triboelectric
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Smart window without electricity
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Smart windows with wide-angle and broadband anti-glare features
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Wi-Fi enabled smart windows
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New smart window technology to control the flow of light and heat
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Microgels to replace hydrogels in smart windows
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Mobile application for tinting windows via smartphones
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Universal smart window covering
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Dye Sensitized Solar Cell (DSSC) Integrated Smart Window
4. WORLD MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information on this report, visit https://www.researchandmarkets.com/r/w89mj1
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210707005383/en/
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