Smart Glass Market 2018 Global Segments, Size, Regional Study, Profit, Growth and Trends by Forecast to 2023

Smart Glass Market Overview:
Smart Glasses are energy efficient and have low reflection that reduces the glare. Attributing to which they are used to control the solar and thermal heat in the interiors maintaining optimal temperature inside the building. Smart Glasses can be controlled automatically through various methods such as automatic photo sensors, motion detectors, Smartphone applications, knobs or light switches and control the amount of light, heat passing through the glass. They protect the skin by blocking the harmful UV rays and prevent the fabric and furniture near the windows from fading. High performing Smart Glass offers a range of applications including building’s façade, vehicles and aircrafts. The light control offered by Smart Glasses can save tremendous energy on heating, cooling and lighting helping keep cars, planes, yachts, homes, offices and artwork cooler and protected. This is the key factor propel the demand for the Smart Glasses especially from the automotive and aircraft manufacturing industries furthering its market size on the global level.

Accrediting the kind of traction the market is garnering currently demonstrating the growth prospects worldwide, Market Research Future has recently published a meticulous study report, according to which the global Smart Glass Market is estimated to ascend up to USD ~8 Billion by 2022 registering a staggering, double digit CAGR of ~18% during 2016 to 2022.

The prominent factors driving the global Smart Glass Market include; rising demand from burgeoning automobile industry, the increasing investment in infrastructure projects globally coupled with the shift from passive to active smart glass technology. Additionally, Extended applications in Aviation, Marine, Solar Power and electronics sector favors the market expansion. Rising investments transpired in to R&D activities for advancements have resulted in lowering the Smart Glass prices steadily eventually propelling the market size globally.

On the other hand, the high upfront cost, difficult installation and Lack of awareness about the usability and benefits among consumer are some of the factor hindering the growth of Smart glass Market.

The remarkable smart glass technology and its benefits are being noticed by the automotive industry. Auto suppliers are increasingly turning to acquisitions to scoop up new technologies to offer to their customers. e.g. partnering with home automation and dimmable glass technologies supplier.

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Major Key Players:
Active Glass Technologies PLC (UK), Asahi Glass Company, Ltd. (Japan), Corning,Inc.(US), Saint-Gobain S.A(France), Schott AG(Germany), SmartGlass International, Ltd.(Ireland),Research Frontiers, Inc.(US), Raven brick LLC(US), Pleotint LLC(US), PPG Industries, Inc.(US), DuPont(US), Nippon Sheet Glass Co., Ltd.(Japan), LTI Smart Glass Inc.(US),Polytronix, Inc.(US), Hitachi Chemical Co. Ltd(Japan),GlasNovations, Ltd. (UK), Scienstry, Inc. (US), SPD Control Systems Corporation (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Smart Glass Market.

Smart Glass Global Market Regional Analysis:
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 .

Global Smart Glass Market Competitive Analysis:
The global smart glass market appears to be highly competitive and diversified with the presence of many well established players having regional and global presence.Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players in the smart camera market.

Industry/ Innovation/ Related News:
January 11, 2018 – Epson (US) a global technology leader and provider of inkjet printers and digital printing systems to 3LCD projectors, smart glasses, sensing systems and industrial robots announced a new partnership with BASE Hologram to deliver a revolutionary new form of live entertainment that merges theatrical stagecraft with innovative digital and laser technology.

January 09, 2018 - Fisker Automotive (Fisker Inc.US) debuted its new Fisker E-Motion with a unique and innovative four-segment SPD SmartGlass roof At CES 2018. Independent calculations from automotive component supplier Continental Automotive also show that use of SPD-SmartGlass can reduce CO2 emissions by four grams per kilometer, and increases the driving range of electric vehicles by approximately 5.5 percent.

January 08, 2018 – MaxLinear, Inc. (US), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, announced collaboration with Airgain, Inc. a global leader in wireless connectivity platforms, to demonstrate the wireless transfer of more than 2 Gigabits per second (Gbps) through low-emissivity (low-E) glass windows using a small, 90mm x 90mm window-mounted antenna module.

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Smart Glass Global Market Segments:
For the convenience of the report and enhanced understanding; MRFR Analysis is been segmented in to 3 key dynamics;

By Technology: Comprises Suspended Particle Devices, Thermochromic Devices, Liquid Crystal Devices and Electrochromic Devices among other.

By Verticals: Architecture, Transportation, Power generation plant, Consumer electronics, Automotive, Aviation among others.

By Regions: North America, Europe, APAC and Rest of the World.

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