Home Press Release Smart Glass Market Expected to Reach $8,729 Million, Globally by 2022 Smart Glass Market Expected to Reach $8,729 Million, Globally by 2022 with key players SAGE Electrochromics, Inc., Research Frontiers, Inc., View, Inc., Asahi Glass C

Smart Glass Market Report, published by Allied Market Research, forecasts that the global market is expected to reach $8,729 million by 2022, growing at a CAGR of 20.4% from 2016 to 2022. Construction segment occupied more than half of the total market share in 2015.

The growth of the global smart glass market is driven by growing construction of organizational structures such as corporate offices and educational institutions, increasing developments in the automotive industry, expanding application areas of smart glass, and emerging new competencies of smart glass in the wearable technology sector. However, high cost of manufacturing and lack of know-how of the innovations hamper the market growth. Reduction in the cost of smart glass products and increased awareness about energy conservation offer lucrative opportunity for market growth.

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Key Findings of Smart Glass Market:

• North America dominated the global smart glass market in 2015, accounting for over one-third of the share, in terms of revenue.

•In 2015, smart glasses used in transportation accounted for two-fifths share of the global market.

•The automotive segment accounted for over two-thirds share, and is anticipated to maintain its lead during the forecast period.

• Germany generated one-fifth of the total revenue in European smart glass market, and is expected to show highest growth rate.

• Asia-Pacific smart glass market is expected to grow at the fastest rate throughout the forecast period.

• SPD is the leading, accounting for over one-third of the share, and is anticipated to maintain its dominance in the study period.

In 2015, North America dominated the global smart glass market with maximum share, in terms of both revenue and volume. This was attributed to the high percentage of manufacturers as well as consumers of smart glass & windows. Apart from that, Asia-Pacific is expected to grow with the fastest rate, registering CAGR of 21.6% throughout the forecast period, owing to extensive development in the automotive industries of the developing countries such as India and China.

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Major key players:

• SAGE Electrochromics Inc.
• Research Frontiers Inc.
• Asahi Glass Company Ltd.
• Hitachi Chemicals Co.Ltd.
• Smartglass International Ltd.
• Polytronix Inc.
• Schott Corporation
• RavenBrick LLC
• Pleotint LLC.

Table of content:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS:
1.3. KEY MARKET SEGMENTS:
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

3.3. MARKET DYNAMICS

3.3.1. Drivers

3.3.1.1. Increment in the construction of organizational structures
3.3.1.2. Increasing developments in the automotive industry stimulates growth of smart glass market
3.3.1.3. Expanding application areas of smart glass
3.3.1.4. Emerging new competencies of smart glasses in the wearable technology sector improve the market position of smart glasses

3.3.2. Restraints

3.3.2.1. High cost of manufacturing
3.3.2.2. Lack of proper know-how of the developing technologies in smart glass by the optician

3.3.3. Opportunities

3.3.3.1. Shift from traditional approach of energy conservation to innovative approach using smart glasses
3.3.3.2. Developing smart glass technologies

3.4. PATENT ANALYSIS

3.4.1. Patent Analysis by Year
3.4.2. Patent Analysis by Region
3.4.3. Patent Analysis by Company

3.5. PORTERS FIVE FORCES ANALYSIS

3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitution
3.5.5. Intensity of Competitive Rivalry

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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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