North America Market Analysis
North America electrochromic glass market is set to grow at CAGR of around 35% between 2025 and 2037, due to the region’s focus on energy efficiency and sustainability. The use of new technologies like electrochromic windows is thought to be one of the best ways to cut down on energy use and greenhouse emissions. The U.S. Department of Energy has estimated that the use of energy in homes, buildings, and industries accounts for over 70% of the total energy that is used in the U.S., hence the need for energy-saving solutions such as smart glass.
The adoption of electrochromic glass is rising at a steady pace in the U.S. in residential and commercial construction owing to its potential to enhance the IEQ with less energy costs. Due to its interest in green building and energy-saving structures, the U.S. is a vital electrochromic glass market for new and improved products. Moreover, high penetration in the commercial segment, along with favorable government initiatives towards sustainable development, will continue to drive market expansion in the future.
In Canada, the increasing concerns towards green building materials and intelligent cities create a favorable electrochromic glass market. The growing spending on green infrastructure and emphasis on energy-efficient buildings correspond with the goals of reducing greenhouse gas emissions to zero. The challenging climate of the country only underlines the requirement for superior window products that can help in energy management, and electrochromic glass can be a perfect solution for both the residential and commercial sectors.
Asia Pacific Market Statistics
In electrochromic glass market, Asia Pacific region is expected to showcase growth rate of over 9.4% till 2037, owing to the increasing urban population, smart city projects, and the increasing demand for sustainable building materials. The increasing adoption of smart homes in the region is evidence of the need for innovative building technologies, such as electrochromic glass, that can enhance energy efficiency and the comfort of the occupants.
The growth of India electrochromic glass market is driven by government stimuli for smart city and industrial development. In August 2024, the National Industrial Corridor Development Programme (NICDP) sanctioned USD 3.4 billion for 12 new industrial smart cities and their associated infrastructure projects. Currently, there are about 12.8 million smart homes, and the penetration is set to rise further at a CAGR of 12.8% by 2025, thus making the demand for energy-efficient and intelligent construction materials such as electrochromic glass high.
China is proving to be one of the world’s most progressive users of electrochromic glass owing to developments in the automotive and residential construction sectors. In September 2023, NIO launched the All-New EC6 Smart Electric Coupe SUV with the panoramic sunroof and the optional electrochromic glass for heat and sound insulation. This innovation shows that China has been keen to incorporate new material technology into its automotive and construction industries. The country’s growth in the urban sector and its focus on sustainable technologies place it as a dominant electrochromic glass market in Asia Pacific.
Author Credits: Rajrani Baghel
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