Vacuum Insulated Glass Market Size, Trends and Insights By Product (Dual Glaze, Triple Glaze), By Application (Windows, Doors, Roof Lights, Roof Glazing, Glass Facade, Others), By End User (Commercial, Residential, Industrial), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- AGC Inc.
- Nippon Sheet Glass Co. Ltd.
- Guardian Glass
- Pilkington Group Limited
- Saint-Gobain S.A.
- Glaston Corporation
- Others
Reports Description
Global Vacuum Insulated Glass Market was valued at USD 5.4 Billion in 2024 and is expected to reach USD 8.8 Billion by 2033, at a CAGR of 3.9% during the forecast period 2024 – 2033.
Vacuum insulated glass (VIG) is a form of cost-effective glazing system made up of multiple glass panes separated by a sealed vacuum gap. To prevent heat movement by conduction and convection and to provide an extremely insulated wall across the interior and outdoor environments, this area is usually evacuated.
Vacuum Insulated Glass Market: Growth Factors
Intensifying demand for soundproof research laboratory
The market for vacuum-insulated glass has grown significantly due to substantial part to its significance for silent labs. Experiments and research can be disrupted by even the tiniest external noise in laboratories, which are frequently precise and regulated conditions.
With its superior soundproofing qualities, vacuum-insulated glass efficiently reduces the transfer of outside noise, resulting in calmer lab environments that are better for scientific work and require accuracy and focus.
The need for advanced research facilities is growing, especially in fields such as biological sciences, material research, and medicines. As a result, there is a growing need for sealed glass in silent laboratory solutions.
This pattern is anticipated to continue as enterprises and research institutes place a high priority on establishing ideal working conditions for scientific projects, which will support the market’s growth for vacuum-insulated glass.
For instance, in the sector related to manufacturing and component testing, where sound testing of parts is required, DECIBEL creates and produces acoustic devices for labs and machinery for evaluation, such as noise test chambers for internal laboratory and control measures. DECIBEL is responsible for the whole engineering and production of resonance chambers, semi-anechoic rooms, anechoic rooms, and soundproof booths.
Rise in demand for green buildings
One of the main factors propelling the vacuum insulated glass (VIG) industry is the growing need for environmentally friendly structures. Energy efficiency and sustainability are given priority in green buildings, which calls for creative ways to cut down on heat loss and emissions of carbon.
VIG easily fits these goals because of its exceptional thermal insulating qualities. Architects and builders may save cooling and heating expenses, improve the energy efficiency of buildings, and support sustainable development initiatives by integrating VIG into building envelopes.
Furthermore, VIG’s high level of transparency and thin profile allows architects to create visually beautiful, daylight-responsive structures, which encourages more green building projects to use them. Due to VIG’s critical role in improving sustainability, demand for the technology is predicted to rise as attention is on sustainable development throughout the world.
For instance, As India transitions to a greener future, green structures have become more popular, and several green projects are being developed all around the nation. According to the US Green Building Council’s 2021 report, India ranked third globally for Leadership in Energy and Environmental Design (LEED) of green buildings, with around 2.8 million gross square meters of such structures.
Vacuum Insulated Glass Market: Restraints
High production costs
Increased production costs might hinder the market expansion for vacuum insulated glass by driving up the cost of the finished product. Specialized tools and trained staff are needed for the intricate production procedure that goes into creating vacuum insulated glass, which involves sealing multiple glass panes with an insulated layer. The cost of production is greatly influenced by these elements.
The utilization of premium materials to guarantee longevity and thermal efficiency also raises expenses. As a result, producers may have to raise prices to retain profitability as manufacturing expenses rise, which would reduce the appeal of vacuum-insulated glass in comparison to alternative glazing solutions. This price barrier may prevent vacuum-insulated glass from being widely used in the building and automobile sectors by limiting its market share, particularly in price-sensitive areas.
Vacuum Insulated Glass Market: Opportunities
Expanding investment in infrastructure
The market for vacuum insulated glass is expanding as a result of increased infrastructure expenditure. Energy-efficient buildings are the result of increased infrastructure expenditure, and vacuum insulated glass is a key component of these structures.
With its exceptional thermal insulation qualities, this cutting-edge glass technology improves building energy efficiency by minimizing heat transmission. The need for vacuum-insulated glass is growing as more governments and private companies fund environmentally conscious infrastructure initiatives to satisfy ecological requirements and resolve energy-related issues.
Its capacity to lower carbon emissions, enhance interior comfort, and save energy is in line with the sustainable objectives of contemporary building projects. As a result, the market for vacuum-insulated glass grows significantly as infrastructure spending gives priority to energy-efficient building materials, encouraging innovation and uptake in the construction industry.
For instance, as per the Union Minister, between the fiscal years 2024 and 2030, India will invest USD 140 trillion in infrastructure. It is anticipated that green investments will total USD 66.6 trillion, a five-fold increase as compared to 2020.
Vacuum Insulated Glass Market: Segmentation Analysis
The global Vacuum Insulated Glass market is segmented by product, application, end user, and region. Based on material, the market is classified into dual glaze and triple glaze. Dual Glaze dominated the market in 2023 with a market share of 69.5% and is expected to keep its dominance during the forecast period 2024-2033.
Dual Glaze’s innovative strategy for thermal insulation has completely transformed the vacuum insulated glass business. Glaze windows, in contrast to conventional single-glazed windows, have a special dual-pane design that is divided by a vacuum layer, greatly improving thermal efficiency.
By minimizing heat transmission via windows, this cutting-edge technology lowers the amount of energy needed for buildings’ cooling and heating systems. Furthermore, Dual Glaze has excellent sound-insulating qualities that reduce the transmission of outside sounds, improving interior comfort.
Architects and builders are drawn to its elegant and adaptable form, which makes it a top option for contemporary construction projects that aim for ecology and energy savings. Dual Glaze has revolutionized the vacuum-insulated glass industry with its outstanding performance and visual appeal. It has increased demand and established new benchmarks for acoustics and thermal absorption.
Based on application, the market is classified into windows, doors, roof lights, roof glazing, glass facades and others. Windows dominated the market in 2023 with a market share of 35.7% and is expected to keep its dominance during the forecast period 2024-2033.
The market for vacuum insulated glass (VIG) is significantly influenced by windows because of its extensive usage in commercial, industrial, and residential buildings. Windows using VIG technology, which has high thermal insulation qualities, is growing in energy-efficient structures. The increasing focus on ecological and energy conservation in construction processes is driving demand for windows with VIG.
These windows have improved thermal efficiency, which lowers building cooling and heating expenses while raising occupant comfort levels. Furthermore, VIG windows minimize energy use, which helps to lower the release of carbon dioxide. The market for VIG windows is anticipated to maintain its current development path as cost-effective solutions preferred by consumers and regulators.
Based on end user, the market is classified into commercial, residential and industrial. Commercial dominated the market in 2023 with a market share of 55.8% and is expected to keep its dominance during the forecast period 2024-2033.
The need for energy-efficient construction materials is what drives the market for vacuum-insulated glass in the commercial sector. Businesses are looking for ways to decrease heat transfer and lower their heating and cooling expenses as sustainability and energy conservation become more and more important.
This need is satisfied by vacuum insulated glass, which greatly increases structural energy use because of its exceptional thermal insulation qualities. These creative glazing solutions are highly valued by commercial buildings, such as offices, lodgings, and retail stores since they improve occupant comfort while reducing operating costs.
The adoption of vacuum insulated glass in commercial development projects is further driven by strict building requirements and regulations meant to promote energy efficiency. Consequently, the commercial sector’s producers and vendors are essential to the development and innovation of the vacuum insulated glass industry.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 5.4 Billion |
| Projected Market Size in 2033 | USD 8.8 Billion |
| Market Size in 2023 | USD 5.2 Billion |
| CAGR Growth Rate | 3.9% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product, Application, End User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Vacuum Insulated Glass Market: Regional Analysis
By region, Vacuum Insulated Glass market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific dominated the global Vacuum Insulated Glass market in 2023 with a market share of 40.3% and is expected to keep its dominance during the forecast period 2024-2033.
The need for renewable building materials is being driven by the increasing urbanization and development of infrastructure in nations like Japan, China, and South Korea. Vacuum insulated glass provides better thermal insulation qualities than conventional glazing options.
In addition, vacuum-insulated glass is being used in both residential and business building projects to save cooling and heating expenses as a result of growing awareness of energy-saving techniques and sustainable development.
Policies and initiatives from the government that encourage sustainable building techniques are also supporting the expansion of the business in the area. Asia-Pacific vacuum insulated glass market is developing significantly due to the region’s vibrant construction sector and the increased focus on environmentally friendly building practices.
Vacuum Insulated Glass Market: Recent Developments
- In January 2024, Guardian Glass and the VELUX Group signed an alliance agreement to develop tempered vacuum insulated glass (VIG).
- In December 2020, Panasonic Corporation disclosed that it had created tempered vacuum insulated glass and the next vacuum insulated glass using transparent pillars which have effectively placed into practical use.
- In August 2022, Vitro launched new tempered VacuMax™ VIG units that can be used by itself as nominal ¼” glass as a substitute for monolithic (single-pane) glass instead of replacing the framework.
List of the prominent players in the Vacuum Insulated Glass Market:
- AGC Inc.
- Nippon Sheet Glass Co. Ltd.
- Guardian Glass
- Pilkington Group Limited
- Saint-Gobain S.A.
- Glaston Corporation
- Viracon
- LandGlass Technology Co. Ltd.
- Sedak GmbH & Co. KG
- IQ Glass Solutions Ltd.
- VIG Technologies
- Thermo Tech Technologies
- Fineo
- TROSIFOL
- Thermoseal Group
- Taiwan Glass Group
- Dukon Industries Ltd.
- Northglass
- Pilkington
- Fraunhofer ISE
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Vacuum Insulated Glass Market is segmented as follows:
By Product
- Dual Glaze
- Triple Glaze
By Application
- Windows
- Doors
- Roof Lights
- Roof Glazing
- Glass Facade
- Others
By End User
- Commercial
- Residential
- Industrial
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Vacuum Insulated Glass Market, (2024 – 2033) (USD Billion)
- 2.2 Global Vacuum Insulated Glass Market: snapshot
- Chapter 3. Global Vacuum Insulated Glass Market – Industry Analysis
- 3.1 Vacuum Insulated Glass Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Intensifying demand for soundproof research laboratory
- 3.2.2 Rise in demand for green buildings
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End User
- Chapter 4. Global Vacuum Insulated Glass Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Vacuum Insulated Glass Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Vacuum Insulated Glass Market – Product Analysis
- 5.1 Global Vacuum Insulated Glass Market Overview: By Product
- 5.1.1 Global Vacuum Insulated Glass Market Share, By Product, 2023 and 2033
- 5.2 Dual Glaze
- 5.2.1 Global Vacuum Insulated Glass Market by Dual Glaze, 2024 – 2033 (USD Billion)
- 5.3 Triple Glaze
- 5.3.1 Global Vacuum Insulated Glass Market by Triple Glaze, 2024 – 2033 (USD Billion)
- 5.1 Global Vacuum Insulated Glass Market Overview: By Product
- Chapter 6. Global Vacuum Insulated Glass Market – Application Analysis
- 6.1 Global Vacuum Insulated Glass Market Overview: By Application
- 6.1.1 Global Vacuum Insulated Glass Market Share, By Application, 2023 and 2033
- 6.2 Windows
- 6.2.1 Global Vacuum Insulated Glass Market by Windows, 2024 – 2033 (USD Billion)
- 6.3 Doors
- 6.3.1 Global Vacuum Insulated Glass Market by Doors, 2024 – 2033 (USD Billion)
- 6.4 Roof Lights
- 6.4.1 Global Vacuum Insulated Glass Market by Roof Lights, 2024 – 2033 (USD Billion)
- 6.5 Roof Glazing
- 6.5.1 Global Vacuum Insulated Glass Market by Roof Glazing, 2024 – 2033 (USD Billion)
- 6.6 Glass Facade
- 6.6.1 Global Vacuum Insulated Glass Market by Glass Facade, 2024 – 2033 (USD Billion)
- 6.7 Others
- 6.7.1 Global Vacuum Insulated Glass Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Vacuum Insulated Glass Market Overview: By Application
- Chapter 7. Global Vacuum Insulated Glass Market – End User Analysis
- 7.1 Global Vacuum Insulated Glass Market Overview: By End User
- 7.1.1 Global Vacuum Insulated Glass Market Share, By End User, 2023 and 2033
- 7.2 Commercial
- 7.2.1 Global Vacuum Insulated Glass Market by Commercial, 2024 – 2033 (USD Billion)
- 7.3 Residential
- 7.3.1 Global Vacuum Insulated Glass Market by Residential, 2024 – 2033 (USD Billion)
- 7.4 Industrial
- 7.4.1 Global Vacuum Insulated Glass Market by Industrial, 2024 – 2033 (USD Billion)
- 7.1 Global Vacuum Insulated Glass Market Overview: By End User
- Chapter 8. Vacuum Insulated Glass Market – Regional Analysis
- 8.1 Global Vacuum Insulated Glass Market Regional Overview
- 8.2 Global Vacuum Insulated Glass Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Vacuum Insulated Glass Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.4 North America Vacuum Insulated Glass Market, by Product, 2024 – 2033
- 8.4.1 North America Vacuum Insulated Glass Market, by Product, 2024 – 2033 (USD Billion)
- 8.5 North America Vacuum Insulated Glass Market, by Application, 2024 – 2033
- 8.5.1 North America Vacuum Insulated Glass Market, by Application, 2024 – 2033 (USD Billion)
- 8.6 North America Vacuum Insulated Glass Market, by End User, 2024 – 2033
- 8.6.1 North America Vacuum Insulated Glass Market, by End User, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Vacuum Insulated Glass Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Vacuum Insulated Glass Market, by Product, 2024 – 2033
- 8.8.1 Europe Vacuum Insulated Glass Market, by Product, 2024 – 2033 (USD Billion)
- 8.9 Europe Vacuum Insulated Glass Market, by Application, 2024 – 2033
- 8.9.1 Europe Vacuum Insulated Glass Market, by Application, 2024 – 2033 (USD Billion)
- 8.10 Europe Vacuum Insulated Glass Market, by End User, 2024 – 2033
- 8.10.1 Europe Vacuum Insulated Glass Market, by End User, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Vacuum Insulated Glass Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Vacuum Insulated Glass Market, by Product, 2024 – 2033
- 8.12.1 Asia Pacific Vacuum Insulated Glass Market, by Product, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Vacuum Insulated Glass Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Vacuum Insulated Glass Market, by Application, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Vacuum Insulated Glass Market, by End User, 2024 – 2033
- 8.14.1 Asia Pacific Vacuum Insulated Glass Market, by End User, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Vacuum Insulated Glass Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Vacuum Insulated Glass Market, by Product, 2024 – 2033
- 8.16.1 Latin America Vacuum Insulated Glass Market, by Product, 2024 – 2033 (USD Billion)
- 8.17 Latin America Vacuum Insulated Glass Market, by Application, 2024 – 2033
- 8.17.1 Latin America Vacuum Insulated Glass Market, by Application, 2024 – 2033 (USD Billion)
- 8.18 Latin America Vacuum Insulated Glass Market, by End User, 2024 – 2033
- 8.18.1 Latin America Vacuum Insulated Glass Market, by End User, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Vacuum Insulated Glass Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Vacuum Insulated Glass Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Vacuum Insulated Glass Market, by Product, 2024 – 2033
- 8.20.1 The Middle-East and Africa Vacuum Insulated Glass Market, by Product, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Vacuum Insulated Glass Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Vacuum Insulated Glass Market, by Application, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Vacuum Insulated Glass Market, by End User, 2024 – 2033
- 8.22.1 The Middle-East and Africa Vacuum Insulated Glass Market, by End User, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 AGC Inc.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Nippon Sheet Glass Co. Ltd.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Guardian Glass
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Pilkington Group Limited
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Saint-Gobain S.A.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Glaston Corporation
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Viracon
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 LandGlass Technology Co. Ltd.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Sedak GmbH & Co. KG
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 IQ Glass Solutions Ltd.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 VIG Technologies
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Thermo Tech Technologies
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Fineo
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 TROSIFOL
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Thermoseal Group
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Taiwan Glass Group
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Dukon Industries Ltd.
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Northglass
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.20 Fraunhofer ISE
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 AGC Inc.
List Of Figures
Figures No 1 to 27
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- AGC Inc.
- Nippon Sheet Glass Co. Ltd.
- Guardian Glass
- Pilkington Group Limited
- Saint-Gobain S.A.
- Glaston Corporation
- Viracon
- LandGlass Technology Co. Ltd.
- Sedak GmbH & Co. KG
- IQ Glass Solutions Ltd.
- VIG Technologies
- Thermo Tech Technologies
- Fineo
- TROSIFOL
- Thermoseal Group
- Taiwan Glass Group
- Dukon Industries Ltd.
- Northglass
- Pilkington
- Fraunhofer ISE
- Others
FAQs
The restraints of the Vacuum Insulated Glass market is high production costs.
The major driver for the Vacuum Insulated Glass market is intensifying demand for soundproof research laboratory and rise in demand for green buildings.
The “Windows” had the largest share in the global market for Vacuum Insulated Glass.
The key players in the market are AGC Inc., Nippon Sheet Glass Co. Ltd., Guardian Glass, Pilkington Group Limited, Saint-Gobain S.A., Glaston Corporation, Viracon, LandGlass Technology Co. Ltd., Sedak GmbH & Co. KG, IQ Glass Solutions Ltd., VIG Technologies, Thermo Tech Technologies, Fineo, TROSIFOL , Thermoseal Group, Taiwan Glass Group, Dukon Industries Ltd., Northglass, Pilkington, Fraunhofer ISE, Others.
“Asia-Pacific” had the largest share in the Vacuum Insulated Glass Market.
The global market is projected to grow at a CAGR of 3.9% during the forecast period, 2024-2033.
The Vacuum Insulated Glass Market size was valued at USD 5.4 Billion in 2024.