Smart Glass Market 2019 —
The Smart Glass market is anticipated to reach around USD 8,223 million by 2026. 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.
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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.
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.
Drivers and Risks
In addition to providing an understanding of the fundamental dynamics molding the Smart Glass market, the report also investigates the numerous volume trends and the pricing history as well as the market value. A number of potential growth factors, risks, and opportunities are also evaluated to get an acute grasp of the overall market.
The analysis and the forecast of the Smart Glass market are analyzed not just on a global basis but also on a regional basis. Taking a closer look at the regions wherein the market is concentrated, the report focuses on Middle East & Africa, Europe, Latin America, Asia Pacific, and North America. These regions are studied with respect to the prevalent trends and several opportunities as well as an outlook that could benefit the market in the long run.
Method of Research
With the aim of providing an analysis of the market during the forecast period, the market is examined on the basis of various parameters that form Porter’s Five Force Model. Additionally, the data experts use the SWOT based on which the report is able to give explicit details about the Smart Glass market. The in-depth analysis of the market helps identify and accentuate its main strengths, risks, opportunities, and weaknesses.
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Table Of Contents – Major Key Points
• Overview and Scope
• Executive Summary
• Smart Glass Market Insights
• Smart Glass Market Size and Forecast, 2017-2026 by Type
• Smart Glass Market Size and Forecast, 2017-2026 by Technology
• Smart Glass Market Size and Forecast, 2017-2026 by End-User
• Smart Glass Market Size and Forecast, 2017-2026 by Region
• Company Profiles
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