Electrochromic Glass Market Trends

  • Report ID: 3538
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Electrochromic Glass Market Trends

Growth Drivers

  • Growing Use of Electrochromic Glass in Automobile Industry
  • Rising Investments for Research and Development in Smart Glass Technologies

Challenges

  • High Cost of Electrochromic Glass

Electrochromic Glass Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

9.1%

Base Year Market Size (2023)

USD 1.83 billion

Forecast Year Market Size (2036)

USD 5.68 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3538
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of electrochromic glass is estimated at USD 1.96 billion.

Electrochromic Glass Market size was valued at USD 1.83 billion in 2023 and is likely to reach USD 5.68 billion by 2036, expanding at around 9.1% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing use of electrochromic glass in automobile industry and rising investments for research and development in smart glass technologies.

Asia Pacific industry is poised to hold largest revenue share by 2036, due to growing usage of electrochromic glass by smartphone manufacturers to develop phone screens.

The major players in the market are AGC Inc., Hitachi Chemical Co. Ltd., Kinestral Technologies Inc., Pleotint LLC, and others.
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