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Smart Glass Market 2018-2026 Global Key Leaders by SPD Control Systems, Smartglass International, Scienstry, View, Ravenwindow, Research Frontiers, Sage Electrochromics, Polytronix

09-21-2018 03:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

Global Smart Glass Market is accounted for $3.12 billion in 2017 and is expected to reach $14.24 billion by 2026 growing at a CAGR of 18.3% during the forecast period. Huge adoption in the transportation sector, optimal energy saving through smart glass applications, need for energy conservation & energy-efficient solutions and declining prices of electro chromic materials are some of the factors fueling the market growth. However, technical issues related to performance and high costs are some of the factors hampering the market growth.

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Smart glasses have gained prominence owing to their ability of thermal & acoustic insulation, energy conservation, along with elegant 3D designer proposition. It plays an important role in saving the excessive consumption of energy needed for cooling, lighting, and heating in green buildings. Green buildings are being promoted by governments of the developed economies. The demand for more sustainable energy, on the grounds of the dwindling energy sources, has increased.

Top Players:
Some of the key players profiled Smart glass market includes SPD Control Systems, Smartglass International, Scienstry, View, Inc, Ravenwindow, Research Frontiers, Sage Electrochromics, Polytronix, Pleotint, Hitachi Chemical, Glass Apps, Gentex, Asahi Glass Co, Chromogenics AB, Kinestral Technologies, Active Glass Technologies, Borregard ASA, American Process Inc, Nippon Paper Group Inc and Celluforce Inc.

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Market Segments:
Based on technology, Electrochromic glass segment is estimated to have a substantial growth due to a shorter switching time exhibited by this glass to switch from clear to dark state and growing investments in this technology. By geography, North America is anticipated to dominate the global market during the forecast period owing to the increase of electric and driverless cars with advanced integrated technology and rising focus on renewable sources of energy such as solar power are driving the market in this region.

Applications Covered:
• Consumer Electronics
• Transportation
• Architecture
• Power Generation Plants (Solar)
• Power & Energy
• Other Applications

Technologies Covered:
• Passive Glass
• Active Glass
• Other Technologies

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

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