Press release
Smart Glass Market Pegged for Robust Expansion During 2024
View Full Report:
https://www.transparencymarketresearch.com/smart-glass.html
As per TMR’s estimations, the opportunity in the global market for smart glass is likely to rise at a CAGR of 14.50% over the period from 2016 to 2024, increasing from US$2.10 bn in 2015 to US$7.04 bn by the end of the period of the forecast. The demand for smart glass is higher in the transportation sector compared to other end users. The scenario is anticipated to remain the same throughout the forecast period, thanks to the expanding application base of these mirrors in automobiles, such as increased usage in sun visors, sun roofs, and rear and side windows in high-end premium cars. The current boost in the worldwide aviation and the automotive industries is also projected to fuel the demand for smart glass in the transportation sector significantly over the next few years.
North America to Gain Supremacy among all Regional Markets
According to the research report, the worldwide market for smart glass is spread across North America, the Middle East and Africa, Asia Pacific, Latin America, and Europe. The global market has been led by North America over the past few years and is expected to remain so throughout the forecast period. The growth of this regional market can be attributed to the increasing prominence of renewable sources of energy, specifically solar energy. As smart glass has an important role to play in the generation of solar energy, the demand for smart glass is expected to increase with the increasing uptake of solar energy in this region.
Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1026
North America acquired 30% of the overall market in 2015 and was closely followed by Asia Pacific and Europe. The smart glass market in Asia Pacific is relatively new and is showing immense potential for future growth; however, Europe, being a mature market, is predicted to witness a decline in its market share over the next few years, notes the study.
Demand for Sustainable Energy to Influence Uptake of Smart Glass
On the grounds of the depleting sources of energy, the demand for sustainable energy, nowadays, has increased substantially, compelling governments across the world to implement regulations and take initiatives to reduce the consumption of energy. The promotion of green buildings is one of the most prominent initiatives for energy conservations taken by the governments in a number of developed countries. “Since smart glass play a significant role in saving the energy required for heating, cooling, and lighting in green buildings, its demand has soared, globally,” says an analyst at TMR.
Request to download and view full ToC -
https://www.transparencymarketresearch.com/report-toc/1026
With the increasing proliferation of green building across the world, the global smart glass market is likely to fare impressively in the near future. However, the high price associated with it and the easy availability of cheap substitutes may obstruct the growth of this market to a bit in the years to come, states the report.
Global Smart Glass Market Report is available at US$ 5795 -
http://www.transparencymarketresearch.com/checkout.php?rep_id=1026<ype=S
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Pegged for Robust Expansion During 2024 here
News-ID: 782252 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for TMR
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
TMR Research
Global 3D Animation Market: Snapshot
The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation…
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing…
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023.
Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158
Monolithic ceramics are…
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013…
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot
Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the…
