Global Dynamic Glazing Market– Overview
The development of better quality materials in the construction sector has spurred the progress of dynamic glazing as well. Market reports connected with the chemicals and materials industry have been made available by Market Research Future which generates reports on other business verticals that outlines the current market scenarios. The market is expected to demonstrate exponential growth in the coming forecast period.
As thermal and cooling solutions are an integral part of buildings, dynamic glazing enables an efficient degree of energy savings which is greatly demanded by end users. The commercial segment is expected to reap maximum benefits from the progress in the dynamic glazing market as the maximum number of applications are from the commercial segment. Since the use of other window accessories is eliminated considerably, the market is expected to grow at an accelerated pace in the coming years.
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Segmental Analysis
The segmentation of the Dynamic Glazing Market Trends is carried out on the basis of technology, application, region, and end use. On the basis of technology, the market is segmented into suspended particle device, polymer dispersed liquid crystals (PDLC), thermochromic, photochromic and electrochromic. Based on application, the dynamic glazing market is segmented into glare control, energy savings, daylighting performance and heat gain. On the basis of end-use, the market is segmented into commercial, residential, transportation and others. On the basis of region, the market is segmented into North America, Asia Pacific, Europe and the rest of the world.
Detailed Regional Analysis
The regional analysis of the dynamic glazing market covers regions such as North America, Asia Pacific, Europe and rest of the world. The European region is controlling the dynamic glazing market, due to the increased popularity of dynamic glass as a building material and immense investments in this region by the major players. The North American region is also observing unwavering growth owing to supportive government policies for energy efficient products and the existence of central industry players. In the Asia Pacific region, the dynamic glazing market is flourishing due to the accelerative demand for heat light control, energy efficiency, and automated shading, which will yield more revenue, thus aiding in the market’s growth.
Competitive Analysis
Product differentiation has created a favorable product differentiation scenario that is complementing the market’s growth. Better accessibility to diverse resources and capabilities is expected to impel the growth of the market in the coming forecast period. Moreover, the vertical integrations and product strategies of the market is increasing the prospects for the market players. The competitors in the market are attempting to establish various leaderships that will enable them to capture a more significant share of the market. The analysis of the market reveals that it is poised for a high growth rate in the forthcoming years. The employment of effective strategy execution techniques is anticipated to bear positively on the future growth of the market.
The significant competitors altering the Dynamic Glazing market comprise of Beautex Industries Pvt. Ltd (India), Corning Inc. (U.S.), Saint-Gobain S.A (France), Guardian Industries (U.S.), Pleotint LLC (U.S.), GPD Group (U.S.), Nippon Sheet Glass Co., Ltd. (Japan), PPG Industries, Inc. (U.S.), Research Frontiers, Inc. (U.S.), GlasNovations, Ltd. (U.K.) and others.
Industry Updates:
Nov 2018 Saint-Gobain has announced the release of SageGlass Harmony which is touted to be the world’s most elegant dynamic glass. Harmony is unique as it is an effective glazing solution for building owners and designers seeking to intensify the occupant experience by increasing thermal and visual comfort. The Harmony dynamic glass gives daylight, heat and glare management while keeping a natural and seamless connection to the outdoors.
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