Crown Electrokinetics Corp. - Common Stock (CRKN)
Competitors to Crown Electrokinetics Corp. - Common Stock (CRKN)
Gentex Corporation GNTX -3.61%
Gentex is known for its electrochromic mirrors and dimmable windows, primarily used in the automotive sector but also in buildings. While both companies focus on electrochromic technologies, Gentex benefits from its strong foothold in the automotive industry, allowing it to leverage economies of scale and drive down pricing, which may put pressure on Crown Electrokinetics' pricing strategies.
Polytronix, Inc.
Polytronix provides dynamic glass solutions including their proprietary 'Switchable Glass', allowing users to adjust the transparency at will. Their specialization in this niche gives them a competitive edge in customization and responsiveness to client needs compared to Crown Electrokinetics, which is still building its product line. However, Polytronix's lack of public visibility may limit growth opportunities compared to a publicly traded Crown.
Suntuitive
Suntuitive offers a different approach to dynamic glass that changes its tint based on heat and light. While both Crown Electrokinetics and Suntuitive are in the smart glass market, Suntuitive targets the residential market heavily, which may provide insights into consumer preferences more rapidly and could help innovate quicker product iterations. However, Crown has more advanced technology in terms of electrokinetic control, which could level the field in certain commercial applications.
View, Inc.
View, Inc. specializes in dynamic glass technology that adjusts light transmission based on sunlight and other factors. Both View and Crown Electrokinetics are innovating in the field of smart windows aimed at enhancing energy efficiency in buildings, but View has established a more extensive market presence and partnerships with significant architectural firms, giving it a competitive edge in brand recognition and market share.