CLEVELAND, Aug. 2, 2019 /PRNewswire/ -- A new Freedonia Group study covering the $28 billion US window and door market identifies smart glass as an opportunity for window manufacturers to increase the value and functionality of their products.
See the study page here: https://www.freedoniagroup.com/industry-study/windows-doors-3726.htm
Smart glass (i.e., electrochromic glass, dynamic glazing) can electronically darken or lighten. Smart windows can be designed with "intelligent" sensors that respond to changes in temperature, angle of the sun, and cloud cover, among other factors such as security breaches, as well as to architectural features such as overhangs.
Energy, security, & worker productivity benefits behind rising interest
While smart windows remain very niche, interest is growing quickly as builders, building owners, and office managers recognize the benefits of these and other products that integrate with the Internet of Things (IoT), including their:
- superior energy efficiency
- ability to increase employee focus and productivity in workplace environments
- security features
- other communicative abilities, such as alerting maintenance crews to relevant problems
Additionally, the self-adjusting capabilities of smart windows eliminate the need for curtains and blinds.
Smart glass producers seeing windfalls of funding, opportunity
In 2017, Kinestral Technologies installed its first Halio smart-tinting glass window in a San Francisco office building. By 2019, the company had secured over $100 million in capital. Later that year, the company formed a partnership with Vitrum Glass Group to bring Halio products into a number of commercial buildings across North America.
Smart glass manufacturers like Kinestral Technologies will continue to see business expansion opportunities going forward. Other smart glass companies include:
- SAGE Electrochromics (Saint-Gobain)
- Smartglass International
- View Dynamic Glass
Looking for More?
The new Freedonia Group study Windows & Doors analyzes key trends affecting the US market for windows and doors, including smart technologies, industry standards, environmental regulations and green building certification programs, and aesthetic and design preferences.
In addition to presenting historical demand data and forecasts through 2028 by product, material, market, and major US region, the study features comprehensive profiles of market leaders including market share, marketing strategies, mergers and acquisitions, and supply chains. Trends in international trade and pricing are also covered.
About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.
Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]
SOURCE The Freedonia Group
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https://www.freedoniagroup.com
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