Smart windows are the latest windows having smart glasses are capable to change the properties of light when energies likes heat, light and electricity is applied. This smart window technology also known as switchable windows as it has the new glass technology that changes its state from transparent to translucent or opaque, which completely or partially blocks the sun’s radiation.
The smart window technology can be classified as active technologies and passive technologies. The active technologies includes electrochromic smart windows that are polarized shades, micro-blind, have suspended particles and are liquid crystal devices, while passive technologies include photochromic windows and thermochromic windows. The advantage of smartglass for windows is that it saves additional costs for lighting, heating, air-conditioning along with the expense of maintain with curtains or blinds and installing. The new glass technology blocks harmful ultraviolet light and prevents fading of fabric, it also shield the building from heat and controls the sunlight.
The Smart Windows Market is driven by increasing consumer awareness towards eco-friendly building, conservation of energy and fuel.
According to IndustryARC’s report the Smart Windows Market will prove to be a great revenue generator for the companies involved with it. The Smart Windows Market can be segments on the basis of technology, application and geography. Depending on technology, the smart window technology includes two technologies one is passive technology which is classified as Passive Retrofit, Passive Thermochromic and Passive Photochromic. The other is Active-On-Demand which includes Polymer Dispersed Liquid Crystals (PDLC), Suspended Particle Device (SPD), ELECTROCHROMIC (EC) and Self-Cleaning Windows.
The Smart Windows Market by application segments consists of commercial buildings, residential buildings, and aerospace, marine, automotive which further include trucks, buses, cars and trains. The smart window market by geography includes North America, Europe, Asia Pacific and Rest of the World.
There are various factors that contributes to the tremendous growth of Smart Windows Market that includes consumer awareness, increase in the population in developing countries and the market is expected to generate larger revenues and profits.
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The Major Players in this Market Include
Toray Plastics (Americas) Inc.
Sekisui Chemical Co., Ltd..
Asahi Glass Co.
Johnson Laminating & Coat Inc.
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