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Comprehensive analysis on Smart Glass Market| Key Players are Asahi Glass Co., DuPont, Gentex Corporation, SPD Control Systems, View, Inc., Corning Incorporated, Hitachi Chemical Co., Ltd., RavenBrick LLC, Switch Materials Inc., Scienstry, Inc., ChromoGen

06-11-2019 06:32 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

/ PR Agency: Smart Glass Market
Comprehensive analysis on Smart Glass Market| Key Players

The Smart Glass market is anticipated to reach around USD 8,223 million by 2026 according to a new study. In 2017, the automotive segment dominated the global smart glass market, in terms of revenue. North America is expected to be the leading contributor to the market revenue during the forecast period.

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The well-known companies profiled in the smart glass market report include Asahi Glass Co., DuPont, Gentex Corporation, SPD Control Systems, View, Inc., Corning Incorporated, Hitachi Chemical Co., Ltd., RavenBrick LLC, Switch Materials Inc., Scienstry, Inc., ChromoGenics AB, and Innovative Glass Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of smart glass. Growing concerns regarding environment, increasing need to reduce energy consumption, and growing demand from the automotive sector further support the growth of this market. Additionally, the increasing adoption of energy efficient buildings and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.

The different end-users of smart glass include automotive, architecture, consumer goods, and others. In 2017, the automotive segment accounted for the highest smart market share. The use of smart glass in windows, doors, and windshields in automotive reduces the heat accumulation in vehicles. The consumer electronics segment is expected to grow at the highest CAGR.

The smart glass market is majorly driven by factors including increasing energy concerns, and environment consciousness across the globe. The decreasing cost of electrochromic materials has encouraged consumers to switch to smart glass. Limited awareness among consumers had restricted the adoption of smart glass in the past. However, with significant government initiatives and substantial investments, the development of smart glass market has accelerated significantly.

North America generated the highest revenue in the smart glass market in 2017. The increasing awareness among consumers, and rising awareness regarding energy efficient buildings drive the market growth in the region. Consumers are adopting smart glass owing to stringent government regulations regarding energy consumption, and the need to reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their share in the North America smart glass market.

Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Smart Glass Market Insights
3.1. Smart Glass Industry snapshot
3.2. Smart Glass - Ecosystem analysis
3.2.1. Smart Glass Market Dynamics
3.2.2. Smart Glass Market Forces
3.2.2.1. Smart Glass Market Driver Analysis
3.2.2.2. Smart Glass Market Restraint/Challenges analysis
3.2.2.3. Smart Glass Market Opportunity Analysis
3.3. Industry analysis - Porter's five force
3.3.1. Bargaining power of supplier
3.3.2. Bargaining power of buyer
3.3.3. Threat of substitute
3.3.4. Threat of new entrant
3.3.5. Degree of competition
3.4. Smart Glass Market PEST Analysis, 2017
3.4.1. Smart Glass Market Value Chain Analysis
3.4.2. Smart Glass Industry Trends
3.4.3. Competitive Ranking Analysis
4. Smart Glass Market Size and Forecast, 2017-2026 by Type
4.1. Key Findings
4.2. Active Smart Glass
4.3. Passive Smart Glass
5. Smart Glass Market Size and Forecast, 2017-2026 by Technology
5.1. Key Findings
5.2. Suspended Particle Display
5.3. Liquid Crystals
5.4. Micro-Blinds
5.5. Nanocrystals
5.6. Others
6. Smart Glass Market Size and Forecast, 2017-2026 by End-User
6.1. Key Findings
6.2. Automotive
6.3. Architecture
6.4. Consumer Goods
6.5. Others
7. Smart Glass Market Size and Forecast, 2017-2026 by Region

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