What is Vacuum Insulated Glass Market?
Vacuum Insulated Glass contains ultra-thin glass packs which improves the visibility. They do not require glass heat to prevent condensation. As compared to traditional door technologies the vacuum insulated glass allows store operators to experience energy savings. This product is used in building and constructions and expanding at a moderate rate as there is a growing demand in energy efficient building industry. Furthermore it eliminates the use of heating and cooling devices as it is an alternative source for light and temperature stability.
The market study is being classified by Type (Laminated Glass and Multilayer Glass), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
AGC (Belgium), Vishvesh Glass (India), Panasonic Corporation (Japan), LandGlass Technologies (China), V-Glass (United States), Nippon Sheet Glass (Japan), Guardian Glass (United States), Taiwan Glass (Taiwan), QINHUANGDAO YIWO GLASS CO. (China) and T&I Sealed Units Limited (United Kingdom) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Vacuum Insulated Glass market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Vacuum Insulated Glass market by Type, Application and Region.
On the basis of geography, the market of Vacuum Insulated Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Availability of Various Applications Such as Roof Lights and Windows
- Increase in Building Constructions in Developing Countries
Market Trend
- Investments are Being Made to Produce Low Cost Products
- Technological Developments Being Made
Restraints
- High Costs Associated with the Manufacturing
- Lack of Skilled Labors
Opportunities
- High Demand of Green Buildings in Developing Countries
- Presence of Government Regulations for Carbon Emotions Leading to Demand of Vacuum Insulated Glass
Challenges
- Presence of Limited Number of Players May Hamper the Market
Market Leaders and some development strategies
In 2018, AGC and Panasonic have agreed to partner in developing vacuum insulated glass and releasing the product for sale in the European market.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations