Press release
Smart Glass Market Size Worth USD 5.65 billion By 2032 | Companies- Saint-Gobain (France), View, Inc. (U.S.), GENTEX Corporation (U.S.)
The global smart glass market size was valued at USD 4,651.3 million in 2019 and is projected to reach USD 15,788.0 million by 2027, exhibiting a CAGR of 17.2% during the forecast period. Europe dominated the smart glass market with a market share of 42.88% in 2019. Moreover, the smart glass market in the U.S. is projected to grow significantly, reaching an estimated value of USD 5.65 billion by 2032, driven by the increasing integration of smart glasses in automotive glass panels. The increasing integration of smart glasses in the aerospace industry will have a positive impact on market growth. According to a report published by Fortune Business Insights, titled "Smart Glass Market Size, Share & Industry Analysis, By Technology (Polymer Dispersed Liquid Crystal Glass, Suspended Particle Device Glass, Electrochromic Glass, Photochromic Glass, and Thermochromic Glass), Application (Architectural, Automotive & Transportation, Consumer Electronics, Power Generation, and Others), and Regional Forecast, 2024-2032," the market was worth USD 4,651.3 million in 2019 and will exhibit a CAGR of 7.2% during the forecast period, 2024-2032.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โถ Saint-Gobain (France)
โถ View, Inc. (U.S.)
โถ GENTEX Corporation (U.S.)
โถ Polytronix, Inc. (U.S.)
โถ Smartglass International Limited (Ireland)
โถ Glass Apps (U.S.)
โถ Scienstry, Inc. (U.S.)
โถ AGC Inc. (Japan)
โถ Research Frontiers (U.S.)
โถ Essex Safety Glass (UK)
โถ Gauzy Ltd and Entities (Israel)
โถ BSG Glass (Thailand)
โถ Asahi India Glass Ltd. (India)
โถ Nippon Sheet Glass Co. Ltd.
โถ Schott AG (Germany)
โถ Central Glass Co., Ltd. (Japan)
โถ Pleotint LLC (U.S.)
โถ SPD Control Systems Corporation (U.S.)
โถ Other key players
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/smart-glass-market-102569
Smart glass is widely used across several industry verticals as a medium of display and other interfaces. The product works on the mechanism of light or voltage transmission wherein it changes its appearance whenever the aforementioned factors are passed or applied through it. The massive investments in the research and development of smart glass are consequential to the increasing applications of the product across diverse industries. The rising adoption and subsequently rising demand for smart homes and the integration of technologically advanced devices will create several growth opportunities for the market in the coming years. Due to the massive potential held by smart glass across the world, there are several companies operating across the world. Ultimately, the fierce market competition results in even more innovations and this will have a positive impact on the growth of the overall market in the coming years.
๐๐๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฆ๐๐ง๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐ง๐๐๐ฆ๐ข๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ก๐๐ฏ๐ ๐ ๐๐๐ ๐๐ญ๐ข๐ฏ๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ง ๐๐๐๐ฌ
The recent coronavirus outbreak has had a drastic impact on several industries across the world. With shutdowns in manufacturing units and production houses, the coronavirus outbreak has hampered the economic conditions of most businesses that come under the small and medium enterprise (SME) bracket. The decreasing in demand for smart glasses in industrial sectors will have a negative impact on the market. Having said that, the constant demand for smart homes and the increasing integration of smart glasses in smart homes, will provide a platform for growth in an otherwise stagnant market.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/smart-glass-market-102569
๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐ซ๐ ๐๐ง ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐๐ง๐ ๐๐ฆ๐จ๐ง๐ ๐๐๐ฃ๐จ๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ซ๐ฅ๐
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the massive potential held by smart glass across the world, there have been several company mergers and acquisitions in recent times. Due to healthy market competition, large scale companies are looking to acquire start-ups as well as SMEs. In 2020, Smartglass International announced that has forged a partnership with V-stream. The latter is an Ireland-based company and focuses on tech-innovations. Through this collaboration, the companies will look to implement the multi-panel floor-to-ceiling privacy smart glass, specifically for Dell offices in Ireland. Given the massive demand for smart glasses in Europe, this collaboration will influence other companies in this sector. The report highlights a few other company mergers of recent times and discusses their impact on the global market.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/smart-glass-market-102569
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐จ๐ฅ๐๐ฌ ๐ญ๐ก๐ ๐๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐; ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฌ๐ ๐ข๐ง ๐๐ซ๐๐ก๐ข๐ญ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐ฌ๐ข๐ ๐ง ๐ฐ๐ข๐ฅ๐ฅ ๐๐ฆ๐๐ซ๐ ๐ ๐ข๐ง ๐ ๐๐ฏ๐จ๐ซ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Europe is projected to emerge dominant in the coming years. The rising demand and adoption of smart glasses in architectural designs and interiors will have a huge impact on the growth of the regional market. Moreover, the efforts put in to integrate smart glasses in renovations and retrofitting of old infrastructures will also contribute to the growth of the regional market. As of 2019, the market in Europe was worth USD 1,994.7 million and this value is projected to rise at a considerable pace in the coming years.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Flat Glass Market- https://www.fortunebusinessinsights.com/flat-glass-market-102720
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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