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Smart Glass Market 2021 Growth Prospects, Size, Share, Demand and Current Trends Analysis 2027

The integration of innovation in glass is projected to boost the smart glass market 2020. The information & communication technology industry reports are produced by Market Research Future, which highlights market options for expansion. A CAGR of 19.6% is estimated to set the one for market expansion in the forecast period.

The evolution in the use of glass as a merely decorative element in the construction sector to a means of controlling the energy sources or devices in a home is predicted to boost the smart glasses market size constructively in the upcoming period. The surge in the use of smart glass for ensuring optimal HVAC conditions in a building is estimated to promote market growth in the forecast period further.

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smart glass market

 

Segmental Analysis 

The segmentation of the smart glass market is carried out on the basis of technology, application, and region. Based on technology, the smart glass market is segmented into PDLC, electrochromic technology, SPD, photochromic, and others. The diversification in the usage potential of SPD smart glass is forecasted to motivate this segment. On the basis of application, the smart glass market is segmented into transportation, aircraft, automotive, architectural and construction, consumer goods, marine, and power generation. The architectural & construction segment is predicted to record the top CAGR for the duration of the forecast. The automotive industry segment is also predicted to gain a massive share in the forecast period. On the basis of region, the smart glass market is segmented into Asia-Pacific, the Middle East, Europe, North America, Africa, and South America.

Detailed Regional Analysis 

The regional inquiry of the smart glass market encompasses regions like Asia-Pacific, the Middle East, Europe, North America, Africa, and South America. The North American region was in charge for the most significant market worth of USD 844.1 Million in 2017; the smart glass market is anticipated to record a CAGR of 19.6% for the period of the forecast. The Asia-Pacific region is anticipated to govern the smart glass market all through the forecast period owing to the ability to look after human skin by preventing the effect of ultraviolet (UV) rays and also put off the effect of sunlight from fabric and furniture near windows from damage. The rise in construction activity in the MEA region is expected to supplement further the growth of the smart glass market in the forecast period.

Competitive Analysis

The influence of global trade policies by various administrations is expected to further enhance the market expansion potential in the forecast period. The momentum of change in the market is predicted to create new opportunities for growth in the forecast period. The availability of new sources of raw material is likely to induce more opportunities for growth in the market. The streamlining of the distribution channels is expected to create better supply chains and lead to a more positive effect on the global market. The inventions being discovered or attempted in the market are also considered to provide further opportunities for growth in the coming period. The inclusion of certain elements of functionality in production facilities is likely to create better supply potential for the overall market. The effect of global currencies is expected to have a significant effect on market growth. The upsurge in exports is expected to create a constructive situation for expansion in the coming period. 

The crucial companies in the smart glass market are Ravenwindow (Ravenbrick LLC) (US), -Chromic Technologies, INC. (US), PPG Industries, Inc (US), LTI Smart Glass, Inc (US), Kinestral Technologies, Inc. (US), Gentex Corporation (US), EChromogenics AB (Sweden), AGC Inc (Japan), Hitachi Chemical Co., Ltd (Japan), Pleotint Llc (US), Merck KGAA (Germany), Nippon Sheet Glass Co., Ltd (Japan), Saint-Gobain Group (France), and Innovative Glass Corporation (US), among others.

 

Table of Content

1 Executive Summary

1.1 OVERVIEW 15

1.1.1 MARKET SYNOPSIS 16

1.1.2 SMART GLASS MARKET, BY REGION, MARKET SHARE (%) 17

2 Market Introduction

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 MARKET STRUCTURE 19

3 RESEARCH METHODOLOGY

....

11 Company Profiles

11.1 SAINT-GOBAIN GROUP 87

11.1.1 COMPANY OVERVIEW 87

11.1.2 FINANCIAL OVERVIEW 88

11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 88

11.1.4 KEY DEVELOPMENTS 88

11.1.5 SWOT ANALYSIS 89

11.1.6 KEY STRATEGIES 89

11.2 RAVENWINDOW (RAVENBRICK LLC) 90

11.3 PPG INDUSTRIES, INC. 91

11.4 LTI SMART GLASS, INC. 95

11.5 KINESTRAL TECHNOLOGIES, INC. 96

11.6 GENTEX CORPORATION 97

11.7 MERCK KGAA 100

...

 

About Market Research Future:

At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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