Size of the $10 billion smart glass market, globally, by 2030 at a CAGR of 12.8%: Verified Market Research®
Growing adoption of smart glass in automotive applications, favorable government mandates and legislation for energy efficiency, and declining prices of electrochromic materials are expected to drive the smart glass market.
JERSEY CITY, NJ, August 10, 2022 /PRNewswire/ — Verified Market Research recently released a report, “smart glass marketBy Technology (Suspended Particle Display, Electrochromic, Photochromic), By Application (Architecture, Power Generation Plants (Solar), Transportation), and By Geography. According to verified market research, the smart glass market size was valued at $4.8 billion in 2021 and is expected to reach $10 billion by 2030, growing at a CAGR of 12.8% from 2022 to 2030.
Download the PDF brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=5165
Browse the table of contents in depth on “Smart Glass Market“
202 – Pages
126 – Tables
37 – Numbers
Overview of the global smart glass market
Growing adoption of smart glass in automotive application and certification government mandates and power output legislation is expected to drive the market in the forecasted years. Furthermore, the falling costs of electrochromic materials and architecturally advanced construction philosophies incorporating the installation of large windows are forecasting an increase in the market in the coming years. Inherent capability of heat and sound insulation, energy conservation, and aesthetic 3D designer proposition of smart glasses is expected to fuel the market over the forecasted years. There are related restraints and challenges that may hinder the growth of the market. The supply of viable substitutes, such as decals and coatings, and chemical enamels are likely to act as market restraints.
Population growth and increased urbanization have compelled governments in every developed and developing economy to extend payment to the building and construction sector wherever smart glass is widely used in windows, partitions, skylights and doors to create an adaptive light atmosphere. This can be expected to penetrate and strongly drive the demand for smart glass in the growing building and housing sector. Additionally, increased transport and supply activities and increased inflow of foreign direct investment (FDI) have caused the automotive sector‘s junction rectifier to witness a major increase in demand wherever smart glass is used in rear and panoramic mirrors, sunroofs, windshields, backlights and side lamps. of each vehicle of significant and light weight. This issue might completely boost the growth of the Smart Glass Market.
- In February 2018, Arrow Electronics (USA), a global IT solutions distribution company and service provider, has agreed with Exposure Is Associate to expand its distribution channels. The agreement enhanced the company’s ability to meet market demands for managed detection and response through security vendors.
- In July 2021, View, Inc., a leading player in smart building platforms and smart windows, announced its acquisition of IoTium, a provider of secure, cloud-managed IoT networks. Building owners can quickly implement enterprise-grade security, reduce costs, and gain real-time insight into the management of their entire housing portfolio.
- In December 2018AGC was the first in the world to use pro-glass technology capable of maintaining a clear field of vision for drivers of Daihatsu Motors’ Copen Coupe.
The major market players are Research Frontiers, Inc., View, Inc., SAGE Electrochromics, Inc., Hitachi Chemicals Co. Ltd., Asahi Glass Company Ltd., Smartglass International Ltd., Polytronix, Inc., Schott Corporation, RavenBrick LLC and Pleotint, LLC.
Verified Market Research has segmented the global smart glass market on the basis of technology, application, and geography.
- Smart Glass Market, By Technology
- Display of suspended particles
- Crystal Liquid
- Micro blinds
- Smart Glass Market, By Application
- Power generation plants (solar)
- Consumer electronics
- Smart Glass Market, By Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
Browse related reports:
Augmented Reality Smart Glasses Market by Product Type (Android, iOS), by Application (Manufacturing, Healthcare), by Geography, Forecast, 2021-2028
Wearable Sensors Market By Type (Accelerometer, Gyroscope, Optical, Force & Pressure), By Device (Smartwatch, Fitness Band, Smart Glasses), By Vertical (Consumer, Defense, Healthcare, Industrial), By Geography, Forecast , 2021-2028
Wearable Camera Market By Product (Accessories, Cameras), By Type (Body Mount, Ear Mount & Smart Glass, Head Mount), By Application (Sports & Adventure, Security, Healthcare), By Geography, Forecast, 2021 -2028
Electrically Active Smart Glass & Windows Market By Product (Electrochromic, Thermochromic, SPD, PDLC (Polymer Dispersed Liquid Crystal) Smart Glass), By Application (Commercial Buildings, Residential Buildings, Automotive & Transportation), By Geography, Forecast, 2021 -2028
The best smart glass manufacturers work in synergy towards a sustainable future
Visualize the Smart Glass Market Using Verified Market Intelligence -:
Verified market intelligence is our BI-enabled platform for storytelling in this market. VMI offers in-depth forecast trends and accurate insights on over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.
VMI provides a comprehensive overview and global competitive landscape with respect to region, country, segment and key players in your market. Present your market report and results with an integrated presentation function that saves you more than 70% of your time and resources for presentations to investors, sales and marketing, R&D and product development. products. VMI enables data delivery in Excel and interactive PDF formats with over 15 key market indicators for your market.
Verified Market Research is a leading global research and advisory firm serving over 5,000 clients. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We provide insight into strategic and growth analytics, the data needed to achieve business goals, and critical revenue decisions.
Our 250 analysts and SMEs offer a high level of expertise in data collection and governance use industry techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study over 14 categories across Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, automotive and transportation, information and communication technology, software and services, information security, mining, minerals and metals, construction. & construction, agricultural industry and medical devices from more than 100 countries.
Contact us :
Mr. Edwyne Fernandes
Verified Market Research®
USA: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
E-mail: [email protected]
Follow us: LinkedIn | Twitter
SOURCE Verified Market Research
Comments are closed.