Electrochromic Glass Market by Application and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2020-2027

The global electrochromic glass market was valued at $1.4 billion in 2019 and is projected to reach $2.6 billion by 2027, growing at a CAGR of 9% from 2020 to 2027. Electrochromic glass is a kind of smart glass that changes its transparency to opaque or translucent, depending on the voltage applied to it. Electrochromic glass is majorly used in non-residential buildings such as offices, hospitals, and hotels. This glass is very efficient in energy conservation and does not allow excess heat to enter the room. Hence, helps to keep room cooler during summer and enables to cut on cost of air conditioning. This is done by reflecting back the light falling on the glass and keeping the room cooler.

Increase in the use of electrochromic glass in eco-friendly/green buildings is expected to drive the growth of the market. Features such as privacy at the click of a switch and improved security is also expected to boost the market. Furthermore, electrochromic glasses are also utilized in the automotive sector such as in car windows and windscreens. Hence, growing use of electrochromic glass in automotive is also expected to drive the growth of the market. However, high cost of electrochromic glasses and lack of innovation majorly restrain the growth of the market. On the contrary, development of smart glass technology makes way for various market growth opportunities.

The outbreak of COVID-19 has disrupted the global economy by halting the operations of major industries such as the construction and automotive. Industries are being kept closed or operated under restricted environments such as less employees and working times. The pandemic resulted in shortage of labor and raw materials in the glass industry. The severity of the impact may result in closure of some glass manufacturers.

The market is segmented on the basis of application, end-use industry, and region. By application, it is segmented into windows, mirror, and display. On the basis of end-user industry, it is divided into construction, automotive, aerospace, and others. Region wise, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

The major players analyzed in this report are AGC Inc., ChromoGenics AB, Compagnie de Saint-Gobain S.A., Hitachi Chemical Co. Ltd., Kinestral Technologies Inc., Pleotint LLC, Polytronix Inc., Research Frontiers Inc., Smartglass International Ltd., and View Inc.

KEY BENEFITS FOR STAKEHOLDERS

Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
It outlines the current electrochromic glass market trends and future scenario of the electrochromic glass market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
Major countries in the region have been mapped according to their individual revenue contribution in the electrochromic glass market analysis at the regional and country-level market.
The key drivers, restraints, and electrochromic glass market opportunities and their detailed impact analyses are elucidated in the study.
The profiles of key players along with their key strategic developments are enlisted in the report.

KEY MARKET SEGMENTS

By Application

Windows
Mirror
Others

By End user Industry

Construction
Automotive
Aerospace
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
Spain
Italy
UK
Rest of Europe
Asia-Pacific
China
Japan
Korea
ASEAN
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA

Key Players in the global electrochromic glass

AGC Inc.
ChromoGenics AB
Compagnie de Saint-Gobain S.A.
Hitachi Chemical Co. Ltd.
Kinestral Technologies Inc.
Pleotint LLC
Polytronix Inc.
Research Frontiers Inc.
Smartglass International Ltd.
View Inc.

Frequently Asked Questions about the Global Electrochromic Glass Market

What is the estimated value of the Global Electrochromic Glass Market?

The Global Electrochromic Glass Market was estimated to be valued at $1.4 billion in 2019.

What is the growth rate of the Global Electrochromic Glass Market?

The growth rate of the Global Electrochromic Glass Market is 8.0%, with an estimated value of $2.6 billion by 2027.

What is the forecasted size of the Global Electrochromic Glass Market?

The Global Electrochromic Glass Market is estimated to be worth $2.6 billion by 2027.

Who are the key companies in the Global Electrochromic Glass Market?

Key companies in the Global Electrochromic Glass Market include AGC Inc, ChromoGenics AB, Compagnie de Saint, Gobain SA, Hitachi Chemical Co Ltd, Kinestral Technologies Inc, Pleotint LLC, Polytronix Inc, Research Frontiers Inc and Smartglass International Ltd.

Report Attribute	Details
No. of Pages	220
Published	June 2020
Forecast Period	2019 - 2027
Estimated Market Value ( USD ) in 2019	$ 1.4 billion
Forecasted Market Value ( USD ) by 2027	$ 2.6 billion
Compound Annual Growth Rate	8.0%
Regions Covered	Global
No. of Companies Mentioned	10

Chapter 1: Introduction

1.1. Report Description
1.2. Key Benefits for Stakeholders:
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary

2.1. Key Findings
2.1.1. Top Investment Pockets
2.2. CXO Perspective

Chapter 3: Market Overview

3.1. Market Definition and Scope
3.2. Porter’sFive Forces Analysis
3.2.1. Moderate Bargaining Power of Suppliers
3.2.2. High Bargaining Power of Buyer
3.2.3. Moderate Threat of Substitute
3.2.4. Highly Competitive Rivalry
3.2.5. Moderate Threat of New Entrants
3.3. Patent Analysis
3.4. Case Study
3.4.1. Case Study
3.5. Market Share Analysis
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. Rise in Construction Applications of Electrochromic Glass
3.6.1.2. Government Incentives for Installing Energy Saving Solutions
3.6.2. Restraint
3.6.2.1. High Price of Electrochromic Glass
3.6.3. Opportunity
3.6.3.1. Increase in Demand from End-Use Industries
3.7. Pricing Analysis ($/Square Meter)
3.8. Value Chain Analysis
3.9. Impact of Government Regulations on the Global Electrochromic Glass Market
3.10. Impact of Covid-19 on the Global Electrochromic Glass Market
3.11. Technical Issues in Global Electrochromic Glass Market

Chapter 4: Electrochromic Glass Market, by Application

4.1. Overview
4.2. Windows
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Mirror
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Display
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country

Chapter 5: Electrochromic Glass Market, by End-Use Industry

5.1. Overview
5.2. Construction
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Automotive
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Aerospace
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
5.5. Others
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country
5.5.4. Consumer Electronics
5.5.5. Solar Cell
5.5.6. Marine
5.5.7. Railway
5.5.8. Other

Chapter 6: Electrochromic Glass Market, by Region

6.1. Overview
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Application
6.2.3. Market Size and Forecast, by End-User Industry
6.2.4. Market Analysis, by Country
6.2.4.1. U. S.
6.2.4.1.1. Market Size and Forecast, by Application
6.2.4.1.2. Market Size and Forecast, by End-User Industry
6.2.4.2. Canada
6.2.4.2.1. Market Size and Forecast, by Application
6.2.4.2.2. Market Size and Forecast, by End-User Industry
6.2.4.3. Mexico
6.2.4.3.1. Market Size and Forecast, by Application
6.2.4.3.2. Market Size and Forecast, by End-User Industry
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Application
6.3.3. Market Size and Forecast, by End-User Industry
6.3.4. Market Analysis, by Country
6.3.4.1. UK
6.3.4.1.1. Market Size and Forecast, by Application
6.3.4.1.2. Market Size and Forecast, by End-User Industry
6.3.4.2. Germany
6.3.4.2.1. Market Size and Forecast, by Application
6.3.4.2.2. Market Size and Forecast, by End-User Industry
6.3.4.3. France
6.3.4.3.1. Market Size and Forecast, by Application
6.3.4.3.2. Market Size and Forecast, by End-User Industry
6.3.4.4. Spain
6.3.4.4.1. Market Size and Forecast, by Application
6.3.4.4.2. Market Size and Forecast, by End-User Industry
6.3.4.5. Italy
6.3.4.5.1. Market Size and Forecast, by Application
6.3.4.5.2. Market Size and Forecast, by End-User Industry
6.3.4.6. Rest of Europe
6.3.4.6.1. Market Size and Forecast, by Application
6.3.4.6.2. Market Size and Forecast, by End-User Industry
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Application
6.4.3. Market Size and Forecast, by End-User Industry
6.4.4. Market Analysis, by Country
6.4.4.1. China
6.4.4.1.1. Market Size and Forecast, by Application
6.4.4.1.2. Market Size and Forecast, by End-User Industry
6.4.4.2. Japan
6.4.4.2.1. Market Size and Forecast, by Application
6.4.4.2.2. Market Size and Forecast, by End-User Industry
6.4.4.3. Korea
6.4.4.3.1. Market Size and Forecast, by Application
6.4.4.3.2. Market Size and Forecast, by End-User Industry
6.4.4.4. Asean
6.4.4.4.1. Market Size and Forecast, by Application
6.4.4.4.2. Market Size and Forecast, by End-User Industry
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market Size and Forecast, by Application
6.4.4.5.2. Market Size and Forecast, by End-User Industry
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Application
6.5.3. Market Size and Forecast, by End-User Industry
6.5.4. Market Analysis, by Country
6.5.4.1. Brazil
6.5.4.1.1. Market Size and Forecast, by Application
6.5.4.1.2. Market Size and Forecast, by End-User Industry
6.5.4.2. Argentina
6.5.4.2.1. Market Size and Forecast, by Application
6.5.4.2.2. Market Size and Forecast, by End-User Industry
6.5.4.3. South Africa
6.5.4.3.1. Market Size and Forecast, by Application
6.5.4.3.2. Market Size and Forecast, by End-User Industry
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Market Size and Forecast, by Application
6.5.4.4.2. Market Size and Forecast, by End-User Industry

Chapter 7: Competitive Landscape

7.1. Introduction
7.1.1. Market Player Positioning, 2019
7.2. Top Winning Strategies
7.2.1. Top Winning Strategies, by Year
7.2.2. Top Winning Strategies, by Development
7.2.3. Top Winning Strategies, by Company
7.3. Competitive Heatmap
7.4. Key Developments
7.4.1. New Product Launches
7.4.2. Expansions
7.4.3. Partnership
7.4.4. Other Developments

Chapter 8: Company Profiles:

8.1. Agc Inc.
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.1.6. Key Strategic Moves and Developments
8.2. Chromogenics Ab
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Product Portfolio
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments
8.3. Compagnie De Saint-Gobain S. A.
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.3.5. Business Performance
8.3.6. Key Strategic Moves and Developments
8.4. Hitachi Chemical Co. Ltd.
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Business Performance
8.5. Kinestral Technologies Inc.
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Product Portfolio
8.5.4. Key Strategic Moves and Developments
8.6. Pleotint LLC
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Product Portfolio
8.6.4. Key Strategic Moves and Developments
8.7. Polytronix Inc.
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Product Portfolio
8.8. Research Frontiers Inc.
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Product Portfolio
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments
8.9. Smartglass International Ltd.
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Product Portfolio
8.10. View Inc.
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Product Portfolio
8.11. Other Key Player Profiles
8.11.1. Key Player Snapshot

Companies Mentioned

AGC Inc
ChromoGenics AB
Compagnie de Saint-Gobain SA
Hitachi Chemical Co Ltd
Kinestral Technologies Inc
Pleotint LLC
Polytronix Inc
Research Frontiers Inc
Smartglass International Ltd
View Inc

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic news articles and other related releases for market evaluation
Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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