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Electrochromic Glass Market Report | Electrochromic Glass Market

Electrochromic Glass Market Report | Electrochromic Glass Market

Submitted by • August 22, 2018 www.energiasmarketresearch.com

The global Electrochromic glass market is expected to increase from USD 2.1 billion in 2017, to USD 6.22 billion, at a significant CAGR of 16.8% during the forecast period. Factors driving the market growth are increasing demand for energy efficient solutions, control the amount of heat based on ambient temperature, emerging green building initiatives, rapid investments in setting up industrial-scale production capacities, escalating technology scalability potential, and swift emission of carbon. Moreover, supportive government policies and growing concerns of the municipalities and government agencies toward environmental issues also augment the growth of the Electrochemical market, globally. A major trend that will hop in the Electrochromic market is anincrement in use of photovoltaic-integrated Electrochromic devices in applications of smart glass. However, lack of technical experts and awareness among people may restraint the growth of the global Electrochromic glass market.

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