Department of Energy, 25% to 35% of energy wasted in buildings is due to inefficient windows. Moreover, growth in restoration activities of commercial and residential buildings is providing adequate replacement opportunities as the current buildings lack energy-efficient infrastructure.The bright windows market is projected to grow because of the growth in the construction industry, increasing automotive production, and rising investments in infrastructure projects. Demand for smart glass and windows are expected to increase in the automotive, marine, power generation, and construction sectors.Moreover, these glasses are fuel efficient and have low carbon emissivity, and hence these are incorporated mainly in personal vehicles.The advantageous features of Smart windows such as reduction of cost for air conditioning, easy to clean, more durable compared to conventional glasses, and also block UV light are driving the market.To realize the suppositions considered for the review, Request for Free Sample Report Market Drivers and Restraints Smart windows do reduce costs for air conditioning, heating, and lighting among others, and also block UV light.īy Technology, By Application, and By RegionĬompetitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. The characteristics of these glasses change based on different ambient conditions with the help of heat voltage or lightly applied. This glass is made up of special glass which changes light transmittance properties.Generally, the lens changes from translucent to transparent, by blocking some wavelengths of light to letting light pass through. Smart windows or switchable glass is a glass whose light transmission properties can be altered when voltage, light, or heat is applied. The Global Smart Window Market is expected to grow at a high CAGR of 11.4% during the forecasting period (2022-2029). Global Smart Window Market is Segmented By Technology (Electrochromic, Photochromic, Thermochromic, Suspended Particle Device, and others), By Application (Construction, Transportation, Aerospace, and others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
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