Global Vacuum Insulated Glass MarketPosted by ashwini ramkrishna ahirrao on August 27th, 2019 Global Vacuum Insulated Glass Market was valued at US.5 Bn in 2017 and is projected to reach US Bn by 2026, at a CAGR of 5.5 % during the forecast period. Vacuum insulated glass is segmented by product, by application and by region. Based on product, vacuum insulated glass segmented into dual glaze and triple glaze depending upon number of glaze employed for glass making. In terms of application vacuum insulated glass market is segmented into building and construction, vehicle and machinery, electric appliance, and other. In terms of region, vacuum insulated glass market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Vacuum insulated glass saves energy, reduces pollution and improves the comfort inside the building. High demand for sound proof laboratories equipped with vacuum insulated glass is the key driver of vacuum insulated glass market. Low thermal transmittance U-value, low solar energy transmittance, low shading coefficient, high sound reduction are some of exceptional properties. Vacuum insulated glass enhance a window's thermal insulation up to three times resulting in reduction of energy consumption of up to 75% compared to a single glazed unit. Global Vacuum Insulated Glass Market Dual glaze Vacuum insulated glass is leading the market. Triple glazed windows are 50% thicker, 50% heavier, and 50% more expensive to make than dual glaze. Triple glazing is widely used in cold climate countries like Sweden and Norway. Building & construction segment is sub divided into residential, commercial, and industrial. Residential segment is anticipated to dominate the market and is set to expand at a fast pace during the forecast period. Demand for vacuum insulated glass is lesser in the commercial segment than that in the residential buildings, however is rising in industries due to its natural light purposes and noise repelling properties. Strict regulations enacted by government on carbon emissions is likely to propel the vacuum insulated glass market for building & construction. North America and Europe holds prominent share in the vacuum insulated glass market due to the presence of well-established buildings in these regions. Asia Pacific is estimated to expand at a rapid pace due to the significant increase in construction and building activities in developing countries such as China and India. Middle East & Africa and Latin America is expected to grow at slow pace during the forecast period. AGC Inc., Vishvesh Glasses Private Limited, Panasonic Corporation, Land Glass Technologies Co., Ltd., V-Glass LLC, Nippon Sheet Glass Co Ltd, Guardian Glass, LLC, Qinhuangdao Yiwo Glass Co., Ltd, Icesun Vacuum Glass Ltd., T&I Sealed Units Limited, and Taiwan Glass Ind. Corp. are the leading Vacuum Insulated Glazing manufacturer. Global Vacuum Insulated Glass Market By Product Type: • Dual Glaze • Buildings and Construction • North-America • AGC Inc. For more information @ https://www.maximizemarketresearch.com/market-report/vacuum-insulated-glass-market/13272/ Like it? Share it!More by this author |