This “Solar Control Window Films Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Solar Control Window Films market can use for expanding their business in untapped market to increase their customer base.
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Solar Control Window Films Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
Growing Emphasis on Reducing Carbon Footprint
– With growing awareness of global warming and harmful effects of emissions on the environment, concerns to tackle environmental issues, among corporates and individuals alike, are consistently increasing.
– Currently, efforts to develop low-energy methods for warm climates are in progress across all continents. Moreover, governments across the world are setting up targets to reduce carbon emissions. For instance, China has proposed to cut down its carbon emissions by 60-65%, by 2030.
– Currently, approximately one trillion kilowatt-hours of electricity is consumed by residential, commercial, and industrial air conditioning, annually. Additionally, automotive heating, ventilation, and air conditioning systems (HVAC systems) also consume a huge amount of energy, which results in the generation of exhaust emissions. For instance, in the United States, automotive ACs alone use 7 to 10 billion gallon of gasoline per annum. However, China is already moving ahead and is expected to surpass the United States, as the world’s biggest user of electricity for air conditioning, by 2020.
– In the wake of growing awareness regarding reducing the carbon footprint, consumers are opting for energy-efficient ways, which, in turn, may help in reducing the dependence on air-conditioners, like solar control panels. The usage of solar control window films can efficiently help in reducing the usage of air conditioners, as they help in keeping the interiors cool in buildings and automobiles.
– These films control the amount of light and heat entering, and reduce utility costs. These films can block about 84% of solar energy that may normally enter through windows. Thereby, saving up to 30% of the utility bills by lowering heating and cooling costs, and, in turn, reducing the energy consumption.
– The aforementioned factors are driving the growth in the consumption of the solar control window film market.
Asia-Pacific Region to Dominate the Market
Asia-Pacific was found to be the major market for the consumption of solar control window films, followed by North America and Europe. The ongoing growth in the end-user industries in the region is contributing to the growth of the market, especially the construction and automotive industry. The construction market in China is the largest in the region, which is almost two times the size of the construction industry of Japan. The growth in the construction industry of India is expected to be the highest in the region, owing to the ongoing investments in infrastructure and other considerable projects. The aforementioned factors are contributing to the increasing demand for solar control window films’ consumption in the region, during the forecast period.
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Target Audience of Solar Control Window Films Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Solar Control Window Films Market Report:
- Analyzing various perspectives of the Solar Control Window Films market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Solar Control Window Films market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Solar Control Window Films market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Solar Control Window Films market studied, during the forecast period
- The segments that are expected to dominate the Solar Control Window Films market studied.
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