Press release
Smart Glass Market to Reach Valuation of US$ 18.3 Bn by 2031
Transparency Market Research delivers key insights on the global smart glass market. In terms of revenue, the global smart glass market is estimated to expand at a CAGR of 14.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecast in its report on the global smart glass market.
๐๐๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ - https://www.transparencymarketresearch.com/smart-glass.html
The global smart glass market is broadly affected by several factors, including increase in usage of smart glass in various end-use industries such as architectural, consumer electronics, transportation, and solar power generation. Rise in global demand for transportation has led to significant increase in usage of smart glass. Increase in production and demand for smart glass in the transportation industry is expected to be the primary driver of the global smart glass market.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1026
๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Smart glass, also known as privacy glass, or switchable glass, is a technology type that enables control of numerous light forms including UV and visible light. These glasses are based on technologies that enable polycarbonate or glass to switch from a clear to opaque or shaded versions. The benefits attached to these glass types are estimated to be key factors boosting the smart glass market. The smart glass technology can be utilized in partitions, windows, and numerous transparent surfaces across varied sectors. Thus, increasing use of these technologies is projected to propel the smart glass market.
The rising demand for energy-efficiency, light and heat control, privacy, automated shading, and design innovation is driving the demand for smart glass. Smart glass, also known as electronically switchable glass, opens an array of possibilities for architects and interior designers to control light, glare, and UV radiation.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1026
The use of smart glass is considerably popular in premium cars. Auto thermal cooling and heating, according to external weather changes, is extremely important and enhances fuel efficiency with less pressure of fuel management on car engines. Hence, rise in smart glass installations on sunroofs, side and rear windows, sun visors is driving the global smart glass market.
The global transportation segment is expected to expand considerably during the forecast period. Thus, a rise in production of transportation is projected to boost the demand for smart glass during the forecast period.
Manufacturers are focusing on transportation, as the share held by this segment in the smart glass market is likely to increase during the forecast period.
๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
North America holds major share of the global smart glass market. The market in the region is anticipated to expand at a CAGR of more than 15.3% during the forecast period. Increase in demand for smart glass in various end-use industries such as architectural, transportation, and solar power generation is driving the smart glass market in North America. The U.S. is a key country of the smart glass market in North America. It held a significant share of the smart glass market in North America in 2020. The country is estimated to maintain its dominant position in the market in the region during the forecast period.
Asia Pacific is also a prominent region of the global smart glass market. China led the smart glass market in Asia Pacific in 2020. Increase in demand for smart glass in architectural and transportation sectors is driving the market in China.
๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global smart glass market is consolidated with the presence of key players. Prominent players operating in the global smart glass market include DuPont, ASAHI GLASS CO., LTD., Saint-Gobain S.A., Polytronix, Inc., ChromoGenics AB, Smartglass International Limited, Innovative Glass Corporation, GUARDIAN INDUSTRIES CORP, Research Frontiers, and iGlass.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1026
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
Smart Glass Market, by Technology
Electrochromic
Thermochromic
Photochromic
Liquid Crystal
Suspended Particle Device
Smart Glass Market, by End-use
Architectural
Consumer Electronics
Transportation
Solar Power Generation
Smart Glass Market, by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
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Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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Email: sales@transparencymarketresearch.com
Website:https://www.transparencymarketresearch.com
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