Global Electrochromic Glass Market By Overview
Electrochromic glass is also termed as smart glass as well as dynamic glass. Electrochromic glass is as electronically tintable glass which can be controlled by building occupants directly. It has ability to enhance comfort of the occupants as well as it can be used to maximize access to outdoor views and reduces cost of energy. These glasses are used for the windows, facades, curtain walls, and skylights. Electrochromic glass market accounted for US$ 2.1 billion in 2024 and is estimated to be US$ 5.7 billion by 2034 and is anticipated to register a CAGR of 10.4%.
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Global Electrochromic Glass Market By Drivers & Restraints
Increasing the Growth of Electrochromic Glass Market
Moreover, increasing necessity of mandates and legislations that are set by the government across the globe is another factor expected to drive growth of the electrochromic glass market, in the near future. However, slower response given by the electrochromic glass of a large size, coupled with the lack of awareness regarding electrochromic glass are major factors expected to hamper growth of the electrochromic glass market over the forecast period.
Global Electrochromic Glass Market By Segmentations & Regional Insights
Electrochromic glass market has been segmented on the basis of material, device, application, and region.
The material segment includes polymers, nanocrystals, viologens. The device segment is further sub segmented into windows, mirror, display. On the basis of application the electrochromic glass market has been segmented as commercial, residential, transportation, retail, and hospitality.
Regional Insights:
The electrochromic glass market accounted for US$ 2.1 billion in 2024 and is estimated to be US$ 5.7 billion by 2034 and is anticipated to register a CAGR of 10.4%. On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to account major market share as compared to that of other regions. The market in North America currently dominates the market for electrochromic glass and is expected to continue its strong hold for a few more years owing to increasing demand from the countries such as US and Canada, coupled with the increasing penetration of the new advanced technologies such as internet of things (IoT), are some among the factors which in turn creating demand for the electrochromic glass and supporting growth of the target market in the region.
The markets in Asia-Pacific and Europe are expected to register high growth rate, owing to increasing demand for the electrochromic glass from the high end luxurious cars in the emerging economies especially in China countries such as China, over the forecast period.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
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Market Segmentation |
By Material- Polymers, Nanocrystals, Viologens By Device– Windows, Mirror, Display By Application– Commercial, Residential, Transportation, Retail, Hospitality |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the electrochromic glass market report based on material, device, and region.
Electrochromic Glass Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Electrochromic Glass Market By Competitive Landscape & Key Players
The Key players operating in the electrochromic glass market includes Asahi Glass Co., Ltd., Chromogenics AB, Econtrol-Glas GmbH & Co. KG, Guardian Industries Corporation, Gentex Corporation, Magna Mirrors Holding GmbH, PPG Industries, Ravenbrick L.L.C., Sage Electrochromics, Inc., and View, Inc.
Global Electrochromic Glass Market By Company Profile
- Asahi Glass Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chromogenics AB
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Econtrol-Glas GmbH & Co. KG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Guardian Industries Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gentex Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Magna Mirrors Holding GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PPG Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ravenbrick Llc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sage Electrochromics Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- View, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Electrochromic Glass Market By Highlights
FAQs
The Electrochromic Glass Market report segments the market on the based is segmented into material, device, application, and region.
The market is being boosted by an increase in the usage of electrochromic glass and features such as privacy at the touch of a button and increased security.
North America is expected to account major market share as compared to that of other regions.
The leading players operating in the Electrochromic Glass Market includes Asahi Glass Co., Ltd., Chromogenics AB, Econtrol-Glas GmbH & Co. KG, Guardian Industries Corporation, Gentex Corporation, Magna Mirrors Holding GmbH, PPG Industries, Ravenbrick Llc, Sage Electrochromics, Inc., and View, Inc.