Smart Glass Market, by Technology (Suspended particle devices, thermochromic devices), by Verticals (Architecture, Transportation, power generation plant, consumer electronics) – Forecast 2016-2022
Market Synopsis of Smart Glass Market:
Market Scenario:
The Smart Glass allows the user to control the amount of light, glare & heat through the glass. The smart glass can be controlled automatically by various methods such as automatic photosensors, motion detectors, smartphone applications, knobs or light switches to control the amount of light, heat passing through the glass. The light control available by Smart Glasses can save tremendous energy on heating, cooling and lighting. The smart glass market is registering a healthy growth rate as a result of its numerous applications in various industries. As in automotive, architecture, healthcare, and aviation among others. The smart investment is a key element of the market. Smart glass to grow.
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Smart Glass not only protect the skin by blocking the UV rays but also prevent the fabric and furniture near your windows from fading. Smart Glasses are eco-friendly; Recyclable material that provides the best possible temperature inside the building.
These are the key factors that have acted as drivers for the Smart Glass market.
The market for smart glass is 18% CAGR (2016-2022).
However, the high upfront cost, difficult installation. Lack of awareness about the usability and benefits of the consumer.
Study Objectives of Smart Glass Market:
- To provide detailed analysis of the market structure along with the various segments and sub-segments of the Global Smart glass Market
- To insights insights about factors affecting the market growth
- To analyze the smart glass market based on various factors-supply chain analysis, porter’s five force analysis, etc.
- North America, Europe, Asia, and Rest of the World (ROW)
- To provide the country with a view to the current market size and future prospective
- To see the results of the survey,
- To be able to be a part of the market,
- To track and analyze competitive developments, find joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Smart Glass Market.
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Key Players of Smart Glass Market
The prominent players in the market of Smart Glass are- Active Glass Technologies PLC (U.K.), Asahi Glass Company, Ltd. (Japan), Corning,Inc.(U.S.), Saint-Gobain S.A(France), Schott AG(Germany), SmartGlass International, Ltd.(Ireland),Research Frontiers, Inc.(U.S.), Raven brick LLC(U.S.), Pleotint LLC(U.S.), PPG Industries, Inc.(U.S.), DuPont(U.S.), Nippon Sheet Glass Co., Ltd.(Japan), LTI Smart Glass Inc.(U.S.),Polytronix, Inc.(U.S.), Hitachi Chemical Co., Ltd(Japan),GlasNovations, Ltd. (U.K.), Scienstry, Inc. (U.S.), SPD Control Systems Corporation (U.S.) among others.
Segments of Smart Glass Market:
Global Smart Glass market has been segmented on the basis of Technology and Verticals. The Technology has been identified as- Suspended particle devices, thermochromic Devices, Liquid crystal devices and Electrochromic devices among other whereas Verticals consist of architecture, Transportation, Power generation plant, consumer electronics, automotive, aviation among others.
Intended Audience of Smart Glass Market
- Infrastructure companies
- Aviation and marine industry
- Power plant industry
- Automotive Industries
- Consumer electronics
- Glass manufacturing Industries
Regional Analysis of Smart Glass Market
Europe is dominating the market of Smart Glass due to high popularity of smart glass as building material and huge investment in this region by major key players such as Saint-Gobain SA and Smart Glass International, Ltd. North America is also showing healthy growth due to supportive government policies for energy efficient products and presence of key industry player such as LTI Smart Glass Inc. (U.S.), Polytronix, Inc. (U.S.) whereas In Asia-Pacific ,the market of smart glass has expanded due to increasing demand for energy efficiency, heat and light control, automated shading among others resulting in popularity of smart glass thus generating more revenue which will help to increasing the market .
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