Global Electrochromic Glass Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Electrochromism refers to the phenomenon that the optical properties (reflectance, transmittance, absorptivity, etc.) of a material undergo a stable and reversible color change under the action of an applied electric field, and the appearance is a reversible change in color and transparency. Materials with electrochromic properties are called electrochromic materials, and electrochromic materials are a new type of functional material that has a wide range of uses in information, electronics, energy, construction, and defense. A glass made of an electrochromic material is called an electrochromic glass.
Market Overview:The latest research study on the global Electrochromic Glass market finds that the global Electrochromic Glass market reached a value of USD 1969.33 million in 2022. It’s expected that the market will achieve USD 3797.59 million by 2028, exhibiting a CAGR of 11.57% during the forecast period.
Marketing Channel Development Trend
There is a steady market ahead for the Electrochromic Glass. The market channel is essential to every manufacturer and they are paying more and more attention to their channel building.
Customers are concerning more with product quality and services. So, except for all of the distributors and direct marketing, they are also considering their after-sale services and additional value, making sure that both products and services are better than the competitors.
Region Overview:From 2023-2028, United States is estimated to witness robust growth prospects.
Company Overview:Gentex Corporation is one of the major players operating in the Electrochromic Glass market, holding a share of 40.23% in 2021.
Gentex Corporation
Gentex produces automatic dimming mirrors and camera-based driver assistance systems for the global automotive industry. The company also supplies commercial smoke detectors and signaling devices for the North American fire market, as well as dimmable aircraft windows for the commercial, commercial and general aviation markets.
View Inc
View, Inc. It is an American glass manufacturing company that produces electrochromic-based smart glass.
Segmentation Overview:As for product types, the Windows segment held the largest market share in 2022.
Application Overview:By application, the Facades segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Electrochromic Glass market covered in Chapter 3:Beijing Zhongzhi Tonghui Technology Co., Ltd.
Chromogenics AB
AGC Inc
Saint-Gobain
E-control-Glas
China Singyes New Materials Holdings Limited.
View Inc
Gentex Corporation
In Chapter 4 and Chapter 14.2, on the basis of types, the Electrochromic Glass market from 2018 to 2029 is primarily split into:Windows
Mirrors
Display
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Electrochromic Glass market from 2018 to 2029 covers:Electronic
Automobile
Aerospace
Facades
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)