application of these glass as windows in commercial, residential, automotive, and
aerospace segments, in order to control the light and heat transmitted inside, is among
the prominent factors contributing to growth of the segment.
Among end-use, transportation was the dominant segment in terms of revenue share in
2016, and is expected to retain its dominance over the forecast period. This material has
been increasing used in high-end aircrafts and in the automotive industry by brands such
as Daimler, BMW, and Audi for various applications such as in windows and sunroof.
Moreover, in June 2015, according to Tesla Motors Club LLC (TMC), the Tesla Model X is
may feature electrochromic windows and roofs for better user comforts.
Incorporation of photovoltaic devices with this material, is one of the major trends
expected to gain traction over the forecast years. The photovoltaic electrochromic
(PVEC) systems include non-conductive transparent substrate, thin-film solar panel (Si-
TFSC) substrate, and electrochromic solution to feature a semi-transparent property.
Increased transmittance, propagation of uniform electric fields, and other properties are
its advantages, which is expected to propel demand for these devices and fuel growth of
the electrochromic glass market over the forecast period.
Key Takeaways of the Market:
According to Coherent Market Insights’ study, Europe dominated the global
electrochromic glass market in 2016, and is expected to retain its dominance over the
next few years. High inclination of consumers in the region towards materials that aid in
energy conservation and early adopters of new technologies are among the prominent
factors fueling demand for this product. U.K., Germany, France, and Italy are the growth
engines in this region.
Growth of the market is expected to be adversely affected by some of the technical
drawbacks such as delay in switching time and lack of 100% opaqueness property.
Theoretically, these films can reflect 100% of the light and heat incident on it, though,
these are featured to block only 98%, and the delay in switching times can take up to
several minutes to change its state. However, no constant requirement of electricity to
maintain a particular state, in addition to featured benefits will present substantial
growth
prospects
for
the
market
over
the
forecast
period.
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Some of the major vendors in the global electrochromic glass market include Asahi Glass
Co., Ltd., Chromogenics AB, Econtrol-Glas GmbH & Co. KG, Guardian Industries