Smart Windows Market Estimated to Reach 9.1 Billion USD in Revenue by 2020
According to the Market Research Report, estimates the smart windows market to reach $9.1 Billion at a CAGR of 22.9% till 2020，which report is published by IndustryARC.SO，in the next years,smart window market is huge.
Smart Windows incorporates a laminated glass or smart glass or switchable glazing which controls the amount of glare, privacy, light and heat transmitted manually or automatically. To achieve this, smart windows make use of technologies such as photochromic, liquid crystals, suspended particle displays and electrochromics. Usage of blinds and curtains can be ideally replaced by smart windows as they possess certain special characteristics such as being dimmable, switchable and projectable. The current market report consists of detailed study on Smart Windows Market, which is forecast between 2014 and 2020 based on several segments including type of technology, applications, thin film materials, transparent conductor materials and geography. According to a recent study from IndustryARC, the Smart Windows Market in 2015 had Revenues of around $4.37 Billion and is estimated to increase to $9.1 Billion by 2020 at a High CAGR. The Market for smart windows using electrochromic technology is increasing due to its features such as low technological risk, relatively low cost and long product life.smart glass can protect pricy ,it is used to the hotel,villia,office ,car window,and so on.so the demand of smart window is increasing .