Global Electrochromic Window Market Research Report: By Product (Polymer Laminate EC, All Solid-State EC), By Application (Residential, Commercial Building) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027
ID: MRFR/SEM/8987-HCR | March, 2021 | Region : Global
Market Synopsis
The global electrochromic Window Market is estimated to reach USD 4.96 billion by 2026, registering a CAGR of 14.2% during the forecast period of 2020–2026.
The electrochromic technology can increase the functionality of glass by reducing the noise and temperature of the surroundings. Among all the sectors and industries served by electrochromic window manufacturers, the major objective fulfilled by EC windows is to provide a cost-effective and eco-friendly glass installation solution to the end users. Electrochromic windows are being rapidly adopted across major economies, the US being on top with the highest number of installations. These windows are also in significant demand from the media & technology industry owing to the rapidly developing AI technology in combination with smart glass.
There has been a considerable increase in the demand for electrochromic technology smart glass. The major factors boosting the growth of the global market include growing demand for electrochromic windows in commercial buildings and the use of smart electrochromic glass in residential.As technology has developed, electrochromic windows have become the predominant facade material for solar energy solutions. In the solar energy industry, electrochromic technology can be used as a thinner cover glass for photovoltaic panels that are important for solar concentrators. Electrochromic windows offer unrivaled control of solar glare and assist in reducing the thermal transmittance through a glass façade, which directly reduces the associated heating, ventilation, and air conditioning (HVAC) costs. It can be automatically tuned to different levels of darkness, allowing complete solar glare control. Electrochromic windowsare expected to foster innovative building design while offering unprecedented environmental benefits and protection to building inhabitants.
Industry News
- In June 2019, Kinestral Technologies, Inc. partnered with Vitrum Glass Group to produce Halio insulating glass units (IGUs) for multiple commercial projects in North America. These projects will use more than 100,000 square feet of Halio smart-tinting glass produced at Kinestral’s large-scale Taiwan manufacturing facility.
- In January 2019, Gentex Corporation launched dimmable glass systems and digital vision technologies for automaker implementation.
- In September 2018, Kinestral Technologies, Inc. entered into an agreement with Katerra to integrate Kinestral's Halio Smart-Tinting Glass into its smart buildings.
- In September 2018, ChromoGenics AB signed an agreement with Regal Förvaltning AB, hardware component manufacturer, to deliver ConverLight Dynamic Glass to the Regal office in Uppsala. ChromoGenics’ dynamic glass automatically controls the heat and daylight emitted in buildings, providing increased indoor comfort.
- In June 2017, Pleotint, LLC partnered with Pilkington, a manufacturer of glass and glazing products, to supply its high-performance Suntuitive dynamic glass interlayer to Pilkington for use in the Pilkington Suncool Dynamic product line.
Segmentation
The global electrochromic Window Market has been segmented based onproduct, application, and region.
By product, the global electrochromic Window Market has been segmented intopolymer laminate EC and all solid-state EC
By application, the global electrochromic Window Market has been segmented intoresidential and commercial.
By region, the electrochromic Window Market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Global Electrochromic Window Market, 2018–2026 (USD Billion)
Source: MRFR Analysis
Regional Analysis
The global electrochromic Window Market is estimated to grow at a significant rate during the forecast period from 2020 to 2026. The geographic analysis of electrochromic window has been conducted for North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of Asia-Pacific), and the rest of the world (the Middle East and Africa and South America). Among these regions, North America has dominated the global market in 2019 and is expected to maintain its dominance throughout the forecast period. On the other hand, the Asia-Pacific region is expected to witness the fastest growth during the forecast period.
Key Players
MRFR recognizes the key players in theglobal electrochromic Window Market. These include Click Materials, AGC Inc, Corning Inc, Saint-Gobain, Vitro Architectural Glass, View Inc, RayenBrick, Polytronix, Gentex Corporation, Diamond Glass, Scienstry, Pleotint, and Kinestral Technologies. These players focus on innovation and thus invest in research & development to present a cost-effective product portfolio. There have been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.
Intended Audience
- Investors and Consultants
- Government Organizations
- Research/Consultancy Firms
- Manufacturers
- Safety Providers
- Industries
Table of Contents
1. Executive Summary
2. Scope of the Report
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
3. Market Research Methodology
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
4. Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat of New Entrants
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of Substitutes
4.1.4. Intensity of Rivalry
4.1.5. Bargaining Power of Suppliers
4.2. Value Chain/Supply Chain of the Global Electrochromic Windows Market
5. Market Overview of the Global Electrochromic Windows Market
5.1. Introduction
5.2. Growth Drivers
5.2.1. Growing demand for smart glass in various applications
5.2.2. Driver 2
5.2.3. Driver Impact Analysis
5.3. Market Restraints
5.3.1. High Cost
5.3.2. Restraint Impact Analysis
5.4. Market Opportunities
5.4.1. High Potential for solar energy
5.5. Covid-19 Impact Analysis
5.5.1. Impact on Semiconductor Manufacturers
5.5.2. Impact on Component Manufacturers
5.5.3. Impact on Device Manufacturers
5.5.4. Impact on Supply Chain Delays
6. Global Electrochromic Windows Market, by Product
6.1. Introduction
6.2. Polymer Laminate EC
6.2.1. Market Estimates & Forecast, 2020–2027
6.2.2. Market Estimates & Forecast, by Region, 2020–2027
6.3. All Solid-State EC
6.3.1. Market Estimates & Forecast, 2020–2027
6.3.2. Market Estimates & Forecast, by Region, 2020–2027
7. Global Electrochromic Windows Market, by Application
7.1. Introduction
7.2. Residential
7.2.1. Market Estimates & Forecast, 2020–2027
7.2.2. Market Estimates & Forecast, by Region, 2020–2027
7.3. Commercial Buildings
7.3.1. Market Estimates & Forecast, 2020–2027
7.3.2. Market Estimates & Forecast, by Region, 2020–2027
8. Global Electrochromic Windows Market, by Region
8.1. Introduction
8.2. North America
8.2.1. Market Estimates & Forecast, by Country, 2020–2027
8.2.2. Market Estimates & Forecast, by Product, 2020–2027
8.2.3. Market Estimates & Forecast, by Application, 2020–2027
8.2.4. US
8.2.4.1. Market Estimates & Forecast, by Product, 2020–2027
8.2.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.2.5. Canada
8.2.5.1. Market Estimates & Forecast, by Product, 2020–2027
8.2.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.2.6. Mexico
8.2.6.1. Market Estimates & Forecast, by Product, 2020–2027
8.2.6.2. Market Estimates & Forecast, by Application, 2020–2027
8.3. Europe
8.3.1. Market Estimates & Forecast, by Country, 2020–2027
8.3.2. Market Estimates & Forecast, by Product, 2020–2027
8.3.3. Market Estimates & Forecast, by Application, 2020–2027
8.3.4. UK
8.3.4.1. Market Estimates & Forecast, by Product, 2020–2027
8.3.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.5. Germany
8.3.5.1. Market Estimates & Forecast, by Product, 2020–2027
8.3.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.6. France
8.3.6.1. Market Estimates & Forecast, by Product, 2020–2027
8.3.6.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.7. Italy
8.3.7.1. Market Estimates & Forecast, by Product, 2020–2027
8.3.7.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.8. Rest of Europe
8.3.8.1. Market Estimates & Forecast, by Product, 2020–2027
8.3.8.2. Market Estimates & Forecast, by Application, 2020–2027
8.4. Asia-Pacific
8.4.1. Market Estimates & Forecast, by Country, 2020–2027
8.4.2. Market Estimates & Forecast, by Product, 2020–2027
8.4.3. Market Estimates & Forecast, by Application, 2020–2027
8.4.4. China
8.4.4.1. Market Estimates & Forecast, by Product, 2020–2027
8.4.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.5. Japan
8.4.5.1. Market Estimates & Forecast, by Product, 2020–2027
8.4.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.6. India
8.4.6.1. Market Estimates & Forecast, by Product, 2020–2027
8.4.6.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.7. Rest of Asia-Pacific
8.4.7.1. Market Estimates & Forecast, by Product, 2020–2027
8.4.7.2. Market Estimates & Forecast, by Application, 2020–2027
8.5. Rest of the World
8.5.1. Market Estimates & Forecast, by Country, 2020–2027
8.5.2. Market Estimates & Forecast, by Product, 2020–2027
8.5.3. Market Estimates & Forecast, by Application, 2020–2027
8.5.4. The Middle East & Africa
8.5.4.1. Market Estimates & Forecast, by Product, 2020–2027
8.5.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.5.5. South America
8.5.5.1. Market Estimates & Forecast, by Product, 2020–2027
8.5.5.2. Market Estimates & Forecast, by Application, 2020–2027
9. Competitive Landscape
9.1. Competitive Overview
9.2. Dashboard
9.3. Key Developments & Growth Strategies
9.4. Market Share Analysis
10. Company Profiles
10.1. Click Materials
10.1.1. Company Overview
10.1.2. Product/Business Segment Overview
10.1.3. Financial Updates
10.1.4. Key Developments
10.1.5. SWOT Analysis
10.1.6. Key Strategies
10.2. AGC Inc
10.2.1. Company Overview
10.2.2. Product/Business Segment Overview
10.2.3. Financial Updates
10.2.4. Key Developments
10.2.5. SWOT Analysis
10.2.6. Key Strategies
10.3. Corning Inc
10.3.1. Company Overview
10.3.2. Product/Business Segment Overview
10.3.3. Financial Updates
10.3.4. Key Developments
10.3.5. SWOT Analysis
10.3.6. Key Strategies
10.4. Saint-Gobain
10.4.1. Company Overview
10.4.2. Product/Business Segment Overview
10.4.3. Financial Updates
10.4.4. Key Developments
10.4.5. SWOT Analysis
10.4.6. Key Strategies
10.5. Vitro Architectural Glass
10.5.1. Company Overview
10.5.2. Product/Business Segment Overview
10.5.3. Financial Updates
10.5.4. Key Developments
10.5.5. SWOT Analysis
10.5.6. Key Strategies
10.6. View Inc
10.6.1. Company Overview
10.6.2. Product/Business Segment Overview
10.6.3. Financial Updates
10.6.4. Key Developments
10.6.5. SWOT Analysis
10.6.6. Key Strategies
10.7. RavenBrick
10.7.1. Company Overview
10.7.2. Product/Business Segment Overview
10.7.3. Financial Updates
10.7.4. Key Developments
10.7.5. SWOT Analysis
10.7.6. Key Strategies
10.8. Polytronix
10.8.1. Company Overview
10.8.2. Product/Business Segment Overview
10.8.3. Financial Updates
10.8.4. Key Developments
10.8.5. SWOT Analysis
10.8.6. Key Strategies
10.9. Gentex Corporation
10.9.1. Company Overview
10.9.2. Product/Business Segment Overview
10.9.3. Financial Updates
10.9.4. Key Developments
10.9.5. SWOT Analysis
10.9.6. Key Strategies
10.10. Diamond Glass
10.10.1. Company Overview
10.10.2. Product/Business Segment Overview
10.10.3. Financial Updates
10.10.4. Key Developments
10.10.5. SWOT Analysis
10.10.6. Key Strategies
10.11. Scienstry
10.11.1. Company Overview
10.11.2. Product/Business Segment Overview
10.11.3. Financial Updates
10.11.4. Key Developments
10.11.5. SWOT Analysis
10.11.6. Key Strategies
10.12. Pleotint
10.12.1. Company Overview
10.12.2. Product/Business Segment Overview
10.12.3. Financial Updates
10.12.4. Key Developments
10.12.5. SWOT Analysis
10.12.6. Key Strategies
10.13. Kinestral Technologies
10.13.1. Company Overview
10.13.2. Product/Business Segment Overview
10.13.3. Financial Updates
10.13.4. Key Developments
10.13.5. SWOT Analysis
10.13.6. Key Strategies
11. Conclusion
LIST OF TABLES
Table1 Global Electrochromic Windows Market, by Country, 2020-2027
Table2 North America: Electrochromic Windows Market, by Country, 2020–2027
Table3 Europe: Electrochromic Windows Market, by Country, 2020–2027
Table4 Asia-Pacific: Electrochromic Windows Market, by Country, 2020–2027
Table5 South America: Electrochromic Windows Market, by Country, 2020–2027
Table6 North America: Electrochromic Windows Market, by Country, 2020–2027
Table7 North America: Electrochromic Windows Market, by Product, 2020–2027
Table8 North America: Electrochromic Windows Market, by Application, 2020–2027
Table9 North America: Electrochromic Windows Market, by End User, 2020–2027
Table10 Europe: Electrochromic Windows Market, by Country, 2020–2027
Table11 Europe: Electrochromic Windows Market, by Product, 2020–2027
Table12 Europe: Electrochromic Windows Market, by Application, 2020–2027
Table13 Europe: Electrochromic Windows Market, by End User, 2020–2027
Table14 Asia-Pacific: Electrochromic Windows Market, by Country, 2020–2027
Table15 Asia-Pacific: Electrochromic Windows Market, by Application, 2020–2027
Table16 Asia-Pacific: Electrochromic Windows Market, by Product, 2020–2027
Table17 Asia-Pacific: Electrochromic Windows Market, by End User, 2020–2027
Table18 Middle East & Africa: Electrochromic Windows Market, by Country, 2020–2027
Table19 Middle East & Africa: Electrochromic Windows Market, by Product, 2020–2027
Table20 Middle East & Africa: Electrochromic Windows Market, by Application, 2020–2027
Table21 Middle East & Africa: Electrochromic Windows Market, by End User, 2020–2027
Table22 South America: Electrochromic Windows Market, by Country, 2020–2027
Table23 South America: Electrochromic Windows Market, by Product, 2020–2027
Table24 South America: Electrochromic Windows Market, by Application, 2020–2027
Table25 South America: Electrochromic Windows Market, by End User, 2020–2027
LIST OF FIGURES
Figure 1 Global Electrochromic Windows Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of the Global Electrochromic Windows Market
Figure 4 Value Chain of the Global Electrochromic Windows Market
Figure 5 Share of the Global Electrochromic Windows Market in 2020, by country (in %)
Figure 6 Global Electrochromic Windows Market, 2020–2027
Figure 7 Global Electrochromic Windows Market Size, by Product, 2020
Figure 8 Share of the Global Electrochromic Windows Market, by Product, 2020–2027
Figure 9 Global Electrochromic Windows Market Size, by Application, 2020
Figure 10 Share of the Global Electrochromic Windows Market, by Application, 2020–2027