Thursday, 30 March 2017

Smart Glass Market will Reach Around USD 6.56 Billion in 2021: Zion Market Research

Written by Posted On Tuesday, 02 August 2016 09:33

Zion Market Research has published a new report titled “Smart Glass market by Technology (Electrochromic, Thermochromic, SPD, and PDLC) for Transportation, Electronics, Architecture, Solar Power Generation and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021 ” According to the report, global demand for smart glass  was valued at over USD 2.1 billion in 2015, is expected to reach around USD 6.56 billion in 2021 and is anticipated to grow at a CAGR of slightly above 19.0% between 2016 and 2021. 

Request Sample Report: https://www.zionmarketresearch.com/sample/smart-glass-market

Glass is formed by the fusion of potash, lime and silica at the high temperature and to revise its properties different components are added. Smart glass is the advance technologies that has exterior stimulus properties and use the clean technology concept. Smart glass switches its property depending on the external temperature. Smart glass switches either automatically or manually to manage the glare, amount of heat and light. Smart glass can be damaged owing to large exposure to the UV rays.

Government support coupled with large investment in automobile industry for innovative products accelerates the demand for smart glass market. Increasing demand for eco-friendly and energy efficient product drives the smart glass market. Another factor that contributes to the splendid growth of smart glass market is the reduced maintenance cost and cost efficiency. Conversely, limited commercialization and inadequate awareness is expected to impede the growth of smart glass market. Furthermore, durability of smart glass and performance can hamper the growth of smart glass market. Nevertheless, escalating demand for energy proficient and wide range of applications products offers strong growth opportunities for smart glass market in the forecast period.

Read Report TOC: https://www.zionmarketresearch.com/toc/smart-glass-market

The smart glass market can be segmented on the basis of technology, application and region. Electrochromic, thermochromic, SPD and PDLC are the technologies of smart glass. In 2015, suspended particle device (SPD) segment accounted for highest share for smart glass market owing to elevated demand and distinct properties such as power saving, protection from UV rays, high emission property that can transform transparent to dark and ultimate working capacity. Several numbers of applications of smart glass includes transportation, electronics, architecture, solar power generation and other. Transportation emerged as potential segment owing to significant use of smart glass in sunroofs, windows, rear mirror, windshields, skylights and doors. Smart glass is utilized to restrict viewing scope, provide shading and permit privacy. Highly developed automotive industry and rising consumer base is supporting the adoption of smart glass in the transport sector.

The smart glass market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. China shows high growth for smart glass market due to advance technologies and government support for the use of energy efficient smart glass. North America is the largest market in terms of high consumption and production of smart glass. Europe is likely to witness noteworthy growth during the forecast period.

Browse detail report at: https://www.zionmarketresearch.com/report/smart-glass-market

Some of the key players in smart glass market are Smart Glass International Ltd., Raven Brick LLC, Glass Apps, Gentex Corp., AGC Ltd, Research Frontiers, Inc., SPD Control System Corporation, Pleotint LLC, SAGE Electrochromics, Hitachi Chemicals Co. Ltd, Scienstry Inc., SAGE Electrochromics, PPG Industries and View, Inc among others.

This report segments the smart glass market as follows:

Smart Glass Market: Technology Segment Analysis

  • Electrochromic 
  • Thermochromic 
  • SPD 
  • PDLC

Smart Glass Market: Applications Segment Analysis

  • Transportation
  • Electronics
  • Architecture 
  • Solar power generation
  • Other

Smart Glass Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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Zion Market Research is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Zion Market Research is the comprehensive collection of market intelligence products 

and services available on air. We have market research reports from number of leading industry and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

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Allan Leonetti

Zion Market Research is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Zion Market Research is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading industry and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

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