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Smart Glass Market 2021 Size, Status and Global Outlook -ViewInc, CorningIncorporated, GentexCorporation, HalioInternationalSA

07-09-2021 04:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

Smart Glass Market by Component, Application, Services, and Region- Forecast to 2026

The Global Smart Glass Market Research Report 2021-2026 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Smart Glass business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Smart Glass worth chain and its wholesaler examination. Smart Glass Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The smart glass market was valued at USD 3.89 billion in 2020 and is expected to reach USD 7.96 billion by 2026, at a CAGR of 12.66% over the forecast period 2021 - 2026.

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Top Leading Companies of Smart Glass Market are ViewInc, CorningIncorporated, GentexCorporation, HalioInternationalSA, AGCGroup(InclAIS), GuardianGlassLLC, PolytronixInc, ResearchFrontiersInc, CompagniedeSaint-GobainSA(inclSageGlass and others.

Industry News And Updates on Smart Glass Market-

North America is Expected to Hold the Largest Share

- Smart glass is becoming one of the region's popular building materials. One of the reasons for its growing popularity is that it is a multi-purpose building material that architects use for several different purposes.

- Smart glass has become an increasingly widespread feature for the commercial design sector because of its aesthetic value. For instance, a fine dining restaurant in North Dakota, installed smart glass for providing (the guests) spectacular views of the natural surroundings, despite solar glare problems. The technology is also helping the restaurant save money by reducing the conditions' cooling load of air conditions during the sunny days.

- The demand for smart glass is increasing owing to the growing concerns of energy consumption in buildings, especially in the commercial sector. According to the Department of Energy (DOE), buildings account for 40% of the total energy consumption of the United States and about 70% of the electricity use. 

Key Market Trends Smart Glass Market-

- Recent applications witnessed in smart glass that is currently being used to merchandise new launches, notably Jaguar Land Rover, who used it to launch the F-Type, and Rolls Royce, who used it to launch the Dawn. By combing switchable technology with a projection application, the customer can use two of the most coveted features of switchable glass to maximum effect.

- Smart glass is also increasingly being adopted in trains. For instance, a monorail train in South Korea has windows that automatically fog when passing by the apartments that are close to the train. The glazing occurs when the windows light transmission properties are altered through the application of voltage, heat, or light to the surface.

Competitive Landscape On Smart Glass Market-

April 2020 - Israeli startup Gauzy, the developer of liquid crystal glass panels for use in a variety of industries, has raised a Series C round of funds from investors Hyundai Motor Company, Singapore-based fund BlueRed Partners, and Avery Dennison, a US maker of labeling and packaging materials.

- November 2019 - At the Greenbuild International Conference and Expo, Avondzon, Kinestral Technologies, Inc. and Halio International, S.A., announced a 160-bed residential care center in Belgium that installed Halio smart-tinting glass. Developed and manufactured by Kinestral, Halio was used for 132 skylights to create a glass roof that would deliver maximum daylight without sacrificing the comfort of residents and staff.

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Reasons for purchasing this Report-

- The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored Smart Glass in to ultimately get accurate results.
- Analyst Support: Get you query resolved by speaking to our research analysts before and after purchasing the report.
- Customer Satisfaction: Our team of research analysts will accommodate all your Smart Glass research needs and customize the report accordingly.
- Long-standing experience: Our team of analysts will offer elaborate and accurate insights pertaining to the Smart Glass Market

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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