“Latest Market Overview for Smart Glass Market Research Report
Global Smart Glass Market Report 2018 provides actionable intelligence on factors that have been driving demand; key trends that are impacting the Smart Glass market; challenges that affect the market dynamics along with the market size, a SWOT analysis of the key vendors, and various segments.
Competitor Analysis: by product types, market share, applications, sales, and revenue.
- Polytronix Inc
- PPG Industries
- Scienstry Inc
- Saint-Gobain SA
- Pulp Studio Inc
- Smartglass International Ltd
- Pro Display
- Gentex Corporation
- Hitachi Chemical Company Ltd
- LTI Smart Glass Inc
- Asahi Glass Co. Ltd
- View Inc.
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Description of Smart Glass Market: The smart glass technology has evolved considerably over the last decade, leading to an increased adoption of controlled electronic appliances that can be remotely controlled from a centralized device. Consumers have recognized the value, security, and energy-efficient solutions provided by smart glasses. The ease of managing, monitoring, and controlling devices at any time, from any location, has been increasing the consumer acceptance for smart glasses. The emergence of the Internet of Things (IoT), and technologies, such as wearable devices and smartphones, has further increased the demand for smart glass solutions.
Need for Energy Conservation and Energy-efficient Solutions to Drive the Smart Glass Market
Smart glass and aesthetic-assisted living have grown to be the strongest markets in the Asia-Pacific. Smart glasses not only enhance energy conservation with smart meters, but also have the ability to convert a home into a high-tech one, connected by the Internet of Things (IoT). From using cameras to sensors ensuring the authenticity and the safety, to sometimes even assessing the personâs physical conditions as a part of the healthcare services, smart glass can bring state-of-the-art technology and services together, for a safe and convenient life. For instance, smart glass windows utilize suspended particle devices (SPD) technology, which is a thin laminate of Nano-scale particles suspended in a liquid and placed between two pieces of glass. Even the automotive and aerospace industries are considering adopting more energy saving options and energy efficient solutions. Therefore, greater end-user acceptance, coupled with rise in economic wellbeing, can be considered as the primary drivers for the growth of this market.
Transportation to Hold the Major Market Share by End User
Incremental advancements in the transportation sector have enabled the use of smart glass windows, which could be particularly helpful in reducing the energy consumption by controlling the temperatures, unlike normal glass windows. It is estimated that the energy consumption in the transportation sector will increase at an annual average rate of 1.4%, from 104 quadrillion British thermal units (Btu) in 2012 to 155 quadrillion Btu in 2040. This rate is expected to contribute to a sizable amount of carbon emissions, resulting in climate change problems. On the other hand, smart glass has the ability to control lighting systems and could be invaluable to end users, as they can arrange for fixed lighting schedules and monitor energy consumption. Electric vehicles present a long-term growing opportunity and the increase in electronics content, particularly switching glasses and vision panels, offer better opportunities. Smart glasses in automobile are expected give 98% UV protection and 40% solar reduction, thus making the vehicle cabin more comfortable. The smart glass market has been growing exponentially, with the increase of automobile sales and an expanding use of numerous applications. The prices of these glasses in the automobile industry are yet to drop during the forecast period, which might drive the growth of the global market.
North America to Hold the Major Share over the Forecast Period
In North America, there are many devices that are being used by residents, such as smart security systems, smart light bulbs, network cameras, and multi-room audio systems. Thus, there is an attractive market for smart glasses, which is anticipated to accelerate the growth of the market. Spending in the US logistics and transportation industry totaled to USD 1.48 trillion in 2015, and represented 8% of the annual gross domestic product (GDP). The growth of electric and driverless cars with advanced integrated technology might boost the overall smart glass market, in the North American automotive industry.
Smart Glass Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major Smart Glass Market players in detail. Smart Glass Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.
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The Global demand for Smart Glass Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.
Smart Glass Market Historic Data (2012-2018):
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Further, in the Smart Glass Market research reports, the following points are included along with an in-depth study of each point:
- Production Analysis– Production of the Smart Glass is analyzed with respect to different regions, types, and applications. Here, price analysis of various Smart Glass Market key companies is also covered.
- Competitors– In this section, various Smart Glass industry-leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
- Sales and Revenue Analysis– Both, sales and revenue are studied for the different regions of the Smart Glass Market. Another major aspect, price, which plays an important part in the revenue generation, is also measured in this section for the numerous regions.
- Supply and Consumption– In continuation with sales, this section studies supply and consumption for the Smart Glass Market. This part also shelters light on the gap between supply and consumption. Import and export statistics are also given in this part.
- Other analyses– Apart from the above-mentioned information, trade and distribution analysis for the Smart Glass Market, contact information of major manufacturers, suppliers and key consumers are also given. In addition, SWOT analysis for new projects and viability analysis for new investment are included.
The growth of this market worldwide is subjected to various factors; including consumer world-class Smart Glass Market of many Smart Glass Market products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
Conclusively, this report will provide you a clear view of each and every fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.