Title: SamKB (7)
1Smart Glass MarketSet to Exceed USD USD 8,223
million by 2026 CAGR 13.1
- Smart Glass Market By Type (Active Smart Glass,
Passive Smart Glass) By Technology (Suspended
Particle Display, Liquid Crystals, Micro-Blinds,
Nanocrystals, Others) By End-User (Automotive,
Architecture, Consumer Goods, Others) and By
Region, Segments Forecast, 2018 - 2026
2Smart Glass Market Estimate Forecast to 2026
The Smart Glass market is anticipated to reach
around USD 8,223 million by 2026 according to a
new study published by Polaris Market Research.
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. 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 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.
3Smart Glass Market Scope
By Type By Technology By End-user By Region Report Attributes
Active Smart Glass Passive Smart Glass Suspended Particle Display Liquid Crystals Micro-Blinds Nanocrystals Others Automotive Architecture Consumer Goods Others North America Europe Asia Pacific Latin America Middle East Africa Historic year 2015-2016 Base year 2017 Forecast Year 2018-2026 Revenue (USD Million)
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4 Smart Glass Market Estimate Forecast to 2026
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
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.
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5Smart Glass Market Size
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7About Us
Polaris Market Research is a global market
research and consulting company. The company
specializes in providing exceptional market
intelligence and in-depth business research
services for our clientele spread across
different enterprises. We at Polaris are obliged
to e present across the industries of healthcare,
technology, semi-conductors and chemicals among
various other industries present around the
world. We strive to provide our customers with
updated information on innovative technologies,
high growth markets, emerging business
environments and latest business-centric
applications, thereby helping them always to make
informed decisions and leverage new
opportunities. Adept with a highly competent,
experienced and extremely qualified team of
experts comprising SMEs, analysts and
consultants, we at Polaris endeavor to deliver
value-added business solutions to our
customers. Web www.polarismarketresearch.com Of
ficial Blog http//polarismarketresearch.blogspot
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