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(IndustryNews247.Com, February 10, 2017 ) According to Publisher, the Global Smart Glass market is accounted for $2.34 billion in 2015 and is expected to reach $8.59 billion by 2022 growing at a CAGR of 20.4% from 2015 to 2022. Factors such as demand for eco-friendly or green buildings as well as demand from automotive sector and surge for energy efficient products will drive the market growth. However, high cost implementation of smart glass and lack of awareness will hinder market growth. Further, expanding applications in marine, solar power and government support and initiatives will provide ample opportunities for the market growth.
The transportation and aerospace sector in application segment will dominate during forecast period. The electrochromic glass of technology segment is growing at significant rate owing to wider usability in museum display and luxury automobiles. North America is the leading market for smart glass followed by Europe. Asia Pacific is the fastest growing market due to acceptance of energy efficient smart glass solutions.
For more information at http://www.reportsweb.com/smart-glass-global-market-outlook-2016-2022
Some of the key players in global Smart Glass market are Active Glass Technologies, Asahi Glass Co. Ltd., Corning, Inc, Gentex Corporation, Glass Apps LLC, Guardian Industries, Hitachi Chemical Co. Ltd., Nippon Sheet Glass Co., Ltd., Pleotint, LLC, PPG Industries, Ravenbrick LLC, Research Frontiers Incorporated, Sage Electrochromics, Inc., Saint-Gobain SA, Schott Corporation, Scienstry Inc., Smartglass International Ltd. and SPD Control System Corporation.
Technologies Covered: - Active Glass o Micro-Blinds o Suspended Particle Device Glass o Liquid Crystals (LCS)/Polymer Dispersed Liquid Crystals (PDLCs) Glass o Electrochromic Glass - Passive Glass o Thermochromic Glass o Photochromic Glass - Low-E Glass - Other Technologies
Applications Covered: - Consumer Electronics o Video Surveillance o Electronic and Smart locks o Access Control - Architectural o Residential o Commercial - Power Generation Plant (Solar) - Transportation o Automotive o Marine o Aerospace o Bus/Rail - Other Applications o Sunglasses o Museum Artwork Exposition
Request Sample Copy: http://www.reportsweb.com/inquiry&RW0001583511/sample .
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001583511/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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