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Global Electrochromic Storage Devices Market 2017-2021

  • Published: Aug 2017
  • Pages: 63
  • SKU: IRTNTR13722
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This market research study identifies Gentex, Plansee, and PPG as the leading players in the global electrochromic storage devices market. A comprehensive analysis of this market is also presented by material (metal oxides, conducting polymers, inorganic non-oxides, and others), by sector (commercial, transportation, residential, and others), and geography (APAC, EMEA, and North America).

Overview of the global electrochromic storage devices market

Technavio's market research report identifies that the increasing use of electrochromic storage devices in airplanes will be one of the primary growth drivers for the global electrochromic storage devices market till 2021. Technavio's market research analysts predict that this market will grow at a CAGR of more than 12% by 2021. PPG developed the world's first electrochromic window shades called Alteos interactive window system for commercial aircraft passenger cabins. This advanced system was designed in such a way that they can switch from darkened state to a bright clear or a comfortable intermediate level. Manufacturers use electrochromic materials in an airplane to make smart glass for windows. For instance, Gentex has developed airplane windows using electrochromic glass, which has the highest optical clarity and greatest opacity range from light to dark. Such airplane windows enable passengers to control the amount of light penetrating the cabin. This in turn, reduces the heat load inside the cabin by controlling the transmission of UV and IR radiation.

In terms of geography, North America accounted for the majority market share in the electrochromic energy storage devices market during 2016 due to the growth in the transportation sector. North America will continue to be the largest market for airplanes during the forecasted period due to the rising number of corporate organizations and growing scope for upcoming ventures in various regions such as the US and Canada.

Competitive landscape and key vendors

The electrochromic storage devices market is characterized by the presence of several that vendors have established positions and strong presence in the market. The major vendors in the electrochromic energy storage devices market are focusing on acquiring the companies that specialize in similar services to capture the market. They are also trying to increase their product portfolios through these acquisitions. Electrochromic film vendors are increasingly competing against each other based on factors such as new product launches, newer or updated technologies, and designing application-specific products.

Key vendors in this market are -

  • Gentex
  • Plansee
  • PPG

Other prominent vendors in the market include ChromoGenics, EControl-Glas, prelonic technologies, SAGE Electrochromics, and View.

Segmentation by material and analysis of the electrochromic storage devices market

  • Metal oxides
  • Conducting polymers
  • Inorganic non-oxides

The metal oxides segment contributed the maximum shares during 2016. Cathodic color under ion insertion and anodic color under ion extraction are the two different kinds of electrochromic oxides in the segment. Tungsten oxides are the most commonly used cathodic electrochromic oxides. Manufacturers are concentrating on the large-scale fabrication of electrochromic devices such as pseudocapacitor glass windows. The segment will continue to grow for the next four years because these glass windows combine energy storage and electrochromism using tungsten film electrodes.

Segmentation by sector and analysis of the electrochromic storage devices market

  • Commercial
  • Transportation
  • Residential

Electrochromic storage devices are extensively used in commercial buildings due to their ability to block or allow light and heat. They are used for various applications, including windows, doors, sky lights, and partitions. The commercial segment will continue to grow in the electrochromic energy storage devices market in the forthcoming years due to the increasing use of insulating dynamic windows to reduce energy consumption in the commercial sector.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global electrochromic storage devices market?
  • What are the key market trends impacting the growth of the global electrochromic storage devices market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global electrochromic storage devices market?
  • What are the market opportunities and threats faced by the vendors in the global electrochromic storage devices market?
  • What are the trending factors influencing the market shares of APAC, EMEA, and North America?
  • What are the key outcomes of the five forces analysis of the global electrochromic storage devices market?

Technavio also offers customization on reports based on specific client requirement.

Electrochromic devices have found application in futuristic technologies like smart glass, electrochromic mirrors, and electrochromic display devices. The technology also strives in storing the energy generated and using it for various other applications. Technavio's market research reports give insights into emerging areas of the hardware and semiconductor industry, such as electrochromic storage device, which falls under the semiconductor equipment sector. This upcoming industry research report on the global electrochromic storage devices provides insights into the key trends and eminent drivers influencing the growth of the hardware and semiconductor industry.

Global Electrochromic Storage Devices Market SizeThe upcoming report on the global electrochromic storage device also presents analysis as per the geographic segmentation by covering regions such as the Americas, APAC, and EMEA. This upcoming industry report on the global electrochromic storage devices also considers the growth of the similar markets such as the global microcontroller market and global supercapacitor market, which are expected to grow at a CAGR of more than 5% and 9%, respectively during the forecasted period. Due to the technology shift towards smart wearables, our analysts predict that the demand for energy efficient glasses is expected to increase. This increase in the demand for energy-efficient glasses is, in turn, expected to drive the demand for electrochromic storage devices globally.

This upcoming market research report on the global electrochromic storage devices also covers vendors like RavenBrick LLC, SAGE Electrochromics, ChromoGenics AB, ChromoGenics AB, Asahi Glass Company, Gentex Corporation (U.S.), EControl-Glas (Germany), Magna Glass & Window, Guardian Industries (U.S.), PPG Industries (U.S.), View Inc, and Saint-Gobain. With the help of extensive primary and secondary research, the market research report identifies the key drivers, major trends, and opportunities and challenges faced by the industry. Technavio also provides deep-dive market assessments into the sectors such as human machine interface and lighting.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Introduction

  • Market outline
  • Applications of electrochromic storage devices

PART 04: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 05: Market segmentation by material

  • Market overview
  • Global electrochromic storage devices market by metal oxides
  • Global electrochromic storage devices market by conducting polymers
  • Global electrochromic storage devices market by inorganic non-oxides
  • Global electrochromic storage devices market by others

PART 06: Market segmentation by sector

  • Global electrochromic storage devices market by commercial sector
  • Global electrochromic storage devices market by transportation sector
  • Global electrochromic storage devices market by residential sector
  • Global electrochromic storage devices market by others

PART 07: Geographical segmentation

  • Market overview
  • Electrochromic storage devices market in North America
  • Electrochromic storage devices market in EMEA
  • Electrochromic storage devices market in APAC

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Innovations in fragile coating-based electrochromic storage devices
  • Increase in energy storing capacity
  • Rising number of vendors and collaborations

PART 11: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 12: Key vendor analysis

  • Gentex
  • Plansee
  • PPG

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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