The solar control window film market will nearly double in size in the next four years, according to a report by Lux Research Inc. The market will jump from its current value of $479 million to $863 million by 2018, experiencing a compound annual growth rate of 10 percent.
Managing solar heat gain, light transmission, and glare has become a primary concern of manufacturers, as the use of architectural glass has grown globally, regulations have become stricter.
Source: Lux Research
The report says, “compared to competing technologies like switchable glazings, aerogel glazings, and daylighting skylights, after-market solar control films offer a low-cost, short-payback-period technology that can address the much larger retrofit market,” which is why the market is expected to grow.
You can read more on the report by visiting the Window Film Mag website by clicking here.
Why The Increase in Popularity?
Rising energy bills are the scourge of commercial and domestic property owners throughout the UK. With no sign of energy companies relenting and beginning to drop their prices, people have naturally begun to search for an effective alternative.
Solar control window film offers a proven method of reducing cooling costs during the summer (assuming that you currently use air-conditioning to cool your building), and heating costs in winter.
During winter months, inefficient windows can add significantly to heat loss and energy costs.
Typically, the U-value of single glazing is 5.88 and 2.2-2.9 for non-coated double glazing. While replacing windows with the latest energy efficient glass will dramatically improve these U-values it can be a costly and problematic exercise with very long payback periods and little return on investment.
- Ecolux™ window film from SolarGard is the very latest technology combining a low-e coating with solar control properties at high visible light transmissions. Compared to low-e glazing replacements, Ecolux is a smart, sustainable option for homes and buildings with its 16 year warranty and significant energy and carbon savings. To find out more click here.
Reducing Heat Gain
Power and heating costs have risen substantially over the past few years in the commercial building environment along with the need to reduce carbon footprints and meet carbon targets.
During summer months, solar heat gain adds to the thermal load of a building.
Effective use of solar reflective film can reduce heat gain by up to 82% significantly lowering the load on cooling systems thus saving energy and costs.
SolarGard’s 2010 and 2012 Environmental Product Declarations show that their solar control films help save up to 30% on energy costs from cooling. Windows with these films save an average of 100 times more carbon emissions over a 15 year lifetime than are emitted during their production. To view, click here.