Global Smart Windows Market 2017-2021 - Smart Windows to Enter Connected Homes and Smart Buildings Space Through IoT Integration

The market earned revenue of $189.3 million, growing at a rate of 23% in 2016

Smart windows are next generation windows, integrated with smart glass or switchable glass that selectively blocks or allows sunlight and heat in buildings by switching from clear to opaque in response to certain stimulus. This stimulus can be sunlight, electricity, or temperature.

Smart windows are transforming into a prominent energy management option, especially in developed countries as they involve lower capital costs when compared to other energy management systems that provide energy and cost savings.

Smart windows are seen as a significant part of buildings Internet of Things (IoT) and this study explores how this development is creating opportunities for the smart windows participants on the one hand, and how IoT participants will benefit from fitting smart windows into their strategies. Smart windows is growing at an accelerated pace, but is currently under-penetrated due to lack of awareness among customers.

The study from a technology perspective has segemented, active and passive, which are further segmented according to technologies such as Electrochromic, Thermochromic, suspended particle display (SPD), and polymer dispersed liquid crystal (PDLC). There is also Photochromic technology, which belongs to the passive category that changes its transparency in response to light intensity. This technology is mostly used in sunglasses rather in the construction industry.

Key growth opportunities have been identified such as IoT-enabled smart windows, impact of smart windows on adjacent markets such as HVAC, lighting controls, and glass & materials market, for participants to create new revenue models and stay ahead of competition.

Key Questions this Study will Answer:

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Drivers and Restraints

4. Market Forecast and Analysis

5. Total Addressable Market (TAM)

6. Growth Opportunities and Companies to Action

7. Disruptive Smart Window Offerings

For more information about this report visit https://www.researchandmarkets.com/research/8cmrdq/global_smart

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