Energy Efficient Glass Market Share Worth USD 36.91 Billion by 2027 | Emergen Research
The Global Energy Efficient Glass Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.
The global energy efficient glass market is projected to be worth USD 36.91 Billion by 2027, according to a current analysis by Emergen Research. The energy efficient glass market observes high demand attributed to the increasing demand for reduced energy consumption in buildings. Energy efficient glass is found to decrease the overall energy consumption in buildings by about 8.0% to 10.0% and thereby offer savings on operational costs.
The increase in global solar capacity is a significant factor in driving the market growth. The installation cost of solar panels in the US has plunged by over 70.0% in the last ten years, resulting in the industry’s expansion and the installation of numerous systems across the country. The demand for energy efficient glass in the solar cells is owing to the offering of benefits such as reduced glass emissivity due to low e-coating and reduced U-factor. This causes low solar heat gain coefficient values that offer optimum visible light transmittance resulting in diminished lighting loads and energy saving.
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The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Energy Efficient Glass industry for evaluation and predictive analysis.
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.
The major companies studied in the report include:
Nippon Sheet Glass, Kaphs SA, Sisecam Group, Saint-Gobain, Vitro Architectural Glasses, AGC, Metro Performance Glass, Schott AG, Morley Glass & Glazing, and Guardian, among others.
Key Highlights from the Report
- In May 2019, Nippon Sheet Glass made an announcement about the signing of an agreement by its subsidiary with Ubiquitous Energy, a firm involved in transparent solar technology. The partnership intends to develop, produce, and integrate ClearView Power™ technology of Ubiquitous Energy into architectural window glass to generate solar power for buildings.
- The major benefits of hard coated energy efficient glass are durability and can be used in single glazing without losing the coating.
- Double glazing finds widespread usage in insulation. A lesser amount of energy is consumed during heating or cooling a space installed with double glazed windows leading to cost-saving in energy bills.
- In the automotive industry, energy efficient glasses find application in windshield and windows. The use of these glasses in the automotive provides a robust heat loss barrier and maintains the vehicle’s optimal temperature, causing less usage of in-vehicle air conditioning.
- The market in the Asia Pacific region is projected to grow at the fastest rate in the period 2020-2027 owing to a growth in the construction activities of residential and commercial buildings and a rise in the level of disposable income.
The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Based on the geographical spread, the Energy Efficient Glass industry is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis of the Energy Efficient Glass market provides an insight into the regions expected to hold the largest share in the market. Additionally, the report provides valuable data about distribution, production, consumption patterns, export/import, and demand and supply ratio.
Along with these details, the report also covers the segmentation of the market based on types, applications, end-user industry, and others. Analysis of each market segment, along with projections up to 2027, is offered in the report. The report includes profitability, gross margins, global demand, sales volume, and growth prospects of each market segment.
Emergen Research has segmented the global energy efficient glass market on the basis of coating type, glazing type, application, and region:
Coating Type Outlook (Revenue, USD Billion; 2017-2027)
- Soft Coat
- Hard Coat
Glazing Type Outlook (Revenue, USD Billion; 2017-2027)
- Single Glazing
- Double Glazing
- Triple Glazing
Application Outlook (Revenue, USD Billion; 2017-2027)
- Building & Construction
- Solar Panels
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