Smart Windows Market Growth Forecast at 21.13% CAGR Driven by Light Control to 2020

PUNE, India, February 11, 2016 /PRNewswire/ --

Global smart windows market 2016 - 2020 report analyzes the sustainability in construction that comes from not just the building structure but also the use of processes that are eco-friendly and resource-efficient throughout the building's life cycle, i.e., from siting to design, construction, operation, maintenance, renovation, and demolition. The smart glass used for smart windows complements sustainability efforts.

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The analysts forecast global smart windows market to grow at a CAGR of 21.13% during the period 2016-2020. The Global Smart Windows Market 2016-2020 says smart windows are growing in popularity because of their ability to regulate daylight. The amount of light passing through the windows can be automatically controlled using photo sensors. Smart windows block UV rays.

Smart windows help in controlling the amount of sunlight and heat entering the building. They protect the users from UV rays and also shield the furniture from fading. Smart windows also help in saving the amount of electricity required for HVAC and during the peak load time. The growing consumer awareness about these advantages of using smart windows is the primary growth driver for this market. Order a copy of Global Smart Windows Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=50710.

Electrically activated smart windows are expected to hold a larger market share during the forecast period as they are easy to operate and can control the amount of heat and light entering the building. Unlike environmentally activated windows, the degree of existing sunlight has no impact on the functioning of electrically activated smart windows, thereby, making them a more practical choice among users.

The global smart windows market is at a nascent stage and will offer vendors many opportunities for growth during the forecast period. Increasing awareness about the advantages of smart windows is helping the market to grow. This is also promoting competition in the market and encouraging new players to enter the market. Manufacturers are concentrating on product innovation to improve their market shares.