As per the latest report by IMARC Group, titled “Smart Window Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global smart window market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global smart window market to grow at a CAGR of 18.8% during 2021-2026. Smart windows are technologically advanced window systems that change their tint in response to the sun in order to provide an unobstructed outdoor view and enhanced occupant comfort. They are integrated with advanced technologies, including micro-blind, suspended-particle, electrochromic, thermochromic, and polymer-dispersed liquid-crystal devices, that allow the windows to alter their optical power. As a result, they are easy to use and maintain while blocking the ultraviolet (UV) rays in an effective manner.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Smart Window Market Trends:
The global market is primarily driven by continual technological advancements across the globe. This is supported by the widespread integration of the Internet of Things (IoT) with smart windows for improved manageability and control. Along with this, due to an enhanced focus on sustainable development, key players in the market are adopting electrochromic technology for manufacturing smart windows to conserve energy, which is gaining prominence among the masses. Some of the other factors contributing to the market growth include the inflating disposable income levels of individuals and extensive research and development (R&D) activities to introduce product variants with improved configuring abilities.
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Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Gentex Corporation
- Glasnovations Ltd.
- Heliotrope Technologies
- Ravenbrick LLC
- Research Frontiers Inc.
- SAGE Electrochromics, Inc.
- Vista Window Company
- Diamond Glass
- Hitachi Chemical
Breakup by Application:
Breakup by Technology:
- Suspended Particle Devices Light Modulator
- Polymer Dispersed Liquid Crystal Devices Scanner
- Electro Chromic
Breakup by Type:
- OLED Glass
- Self-Dimming Window
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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