Semiconductor

  Market Highlights The global electrochromic window market is expected to register a CAGR of 14.2% during the forecast period of 2020–2026. Electrochromic is a technique where the color of a substance is controlled by applying voltage. A window with electrochromic glass can block ultraviolet (UV) and infrared light automatically. An electrochromic window is coated with multiple thin layers of glass material, one over the other. Electrochromic technology has huge environment-related benefits. One of its advantages is it reflects the light, reducing the need for air conditioning (AC), which indirectly lowers the high cost of installing AC and the day-to-day cost associated with its maintenance. However, electrochromic window installation is expensive than installing conventional windows due to the use of electrodes and metal coatings. Electrochromic glass requires the installation of new glass as it does not apply the film on the existing glass and is applicable on exterior glass on...