Press release
Smart Glass Market Expected to boost its value to $8,729 Million by 2022
Smart Glass Market
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.
Request Sample Report @ https://www.alliedmarketresearch.com/request-sample/1005
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.
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.
The construction segment accounted for the highest share, in terms of volume, owing to increase in use of smart glass windows in residential and office spaces to achieve energy saving. Commercial buildings accounted for majority of the share in 2015 owing to the rise in demand for smart glass for windows and other applications.
Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/1005
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.
The key players of smart glass market profiled in this report are SAGE Electrochromics, Inc., Research Frontiers, Inc., View, Inc., Asahi Glass Company Ltd., Hitachi Chemicals Co., Ltd., Smartglass International Ltd., Polytronix, Inc., Schott Corporation, RavenBrick LLC, and Pleotint, LLC.
To Get Discount on all reports visit @ https://www.alliedmarketresearch.com/latest-industry-reports
About us
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Glass Market Expected to boost its value to $8,729 Million by 2022 here
News-ID: 1504058 • Views: …
More Releases from Allied Market Research
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrative…
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi …
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi …
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing at…
IT Asset Management Market Growing at 11.1% CAGR Reach USD 3.5 Billion by 2031
Allied Market Research published a new report, titled, "IT Asset Management Market Growing at 11.1% CAGR Reach USD 3.5 Billion by 2031." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
