CHICAGO, Sept. 17, 2020 /PRNewswire/ -- According to the new research report, the"Smart Glass Marketwith COVID-19 Impact by Technology (Suspended Particle Display, Electrochromic, Liquid Crystal), Application (Architecture, Transportation, Consumer Electronics), and Geography - Global Forecast to 2025", published by MarketsandMarkets, size is expected to grow from USD 3.8 billion in 2020 to USD 6.8 billion by 2025, at a CAGR of 12.1%. The growth of the smart glass industry is driven by factors, such as the growing adoption of smart glass in automotive application and, declining prices for electrochromic material. Other major driving factors for smart glass adoption include supportive government mandates and legislation on energy efficiency. Governing bodies of various countries are increasingly encouraging the use of these energy-efficient products. Smart glass has inherent energy-saving and auto-dimming properties, which reduce its maintenance cost. As a result, the perceived benefits of these glass products are more than the incurred investments.
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=907
"The SPD glass market is likely to grow at a high rate during the forecast period."
The market for SPD glass technologyis expected to grow at the highest CAGR during the forecast period. SPD glass offers many benefits due to its unmatched working capacity to change its light emission property to the desired level. This type of glass can adjust its light emission property from transparent to dark within 13 seconds and can be used to effectively control the glare from sun rays. SPD technology also restricts UV light up to 99%, providing a healthy ambiance with a sufficient amount of natural light. Higher control of the light emission property increases the degree of customization. SPD glass can provide ~50% saving on energy consumption. This reduces the load on heating, ventilation, and air conditioning (HVAC) systems of the building. With the optimum use of daylight to cut down on artificial lighting, there is a further reduction of electrical consumption that increases overall energy savings.
"The architecture segment to grow at a higher rate during the forecast period."
The market for the architecture application is expected to grow at the highest CAGR during the forecast period owing to the increased need for energy-efficient products. Additionally, various government laws in favor of adopting smart glass in different applications are expected to boost the growth of the market for smart glass technologies. In modern times, the design and steps taken to make a building compliant with the green building norms have been prioritized in the construction industry. The salability of a residential or commercial facility considerably depends on comfort, aesthetics or interior design, and eco-friendliness.
Browsein-depth TOC on"Smart Glass Market"99 Tables 57- Figures 186 Pages
Inquiry before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=907
"The European smart glass market is expected to grow at a significant rate during the forecast period."
Europe is expected to lead the overall smart glass market in the coming years. Technological advancements and a recovering economy act as driving factors during the growth period. Rapidly increasing energy cost is likely to trigger the demand for energy-efficient products. The ability of smart glass to reduce the overall energy consumption of a building while offering attractive features such as on-demand privacy or glare-control is expected to multiply its applications in Europe. The multipurpose quality of this glass makes it a popular building material for a variety of architectural applications. In extreme weather conditions prevalent in several areas of Europe, smart glass offers a suitable solution for maintaining the internal temperature of buildings or vehicles, thus saving the overall energy costs. Therefore, Europe is expected to be a key potential growth market for smart glass over the coming years.
The smart glass market is currently dominated by Saint-Gobain (France), AGC Inc. (Japan), NSG Group (Japan), research frontier (US), and Gentex Corporation (US, View Inc.(US).
Other players operating in the smart glass market are Polytronix (US), and Pleotint(US), AGP Americas (US), Smartglass International (Ireland), Innovative Glass Corp (US), Hitachi Chemicals (Japan), SPD Control Systems (US), Fuyao Glass (China), TaiwanGlass Group (Taiwan), Central Glass (Japan), among others. Almost all companies, including key players, have adopted a few major strategies such as product developments and launches, mergers and acquisitions, and partnerships and collaborations to grow in the smart glass market.
Related Reports:
Smart Home Marketwith COVID-19 Impact Analysis by Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment, Home Healthcare), Software & Services (Proactive, Behavioural), and Region - Global Forecast to 2025
Smart Lighting Market by Offering (Hardware: Lights & Luminaires, Lighting Controls; Software, and Services), Communication Technology (Wired and Wireless), Installation Type, End-use Application, and Geography - Global Forecast to 2025
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish MehraMarketsandMarkets INC. 630 Dundee Road Suite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [emailprotected] Visit Our Web Site: https://www.marketsandmarkets.com/ Research Insight : https://www.marketsandmarkets.com/ResearchInsight/smart-glass-market.asp Content Source : https://www.marketsandmarkets.com/PressReleases/smart-glass.asp
SOURCE MarketsandMarkets
More here:
Smart Glass Market worth $6.8 billion by 2025- Exclusive Report by MarketsandMarkets - PRNewswire
- Architectural Design Consulting Market to Witness Massive Growth ... - Digital Journal - May 7th, 2023 [May 7th, 2023]
- Wightman opening new South Bend office - Moody on the Market - May 7th, 2023 [May 7th, 2023]
- Neal McCoy to appear at Sally Buffalo Park in Cadiz - Times Reporter - May 7th, 2023 [May 7th, 2023]
- Demolition continues in Strand Theater block - Clinton Herald - May 7th, 2023 [May 7th, 2023]
- For the Record | Business licenses issued in February and March ... - wenatcheeworld.com - May 7th, 2023 [May 7th, 2023]
- Siteline | The 10 Major New Developments Set to Reshape Santa ... - Siteline Santa Barbara - May 7th, 2023 [May 7th, 2023]
- Decorative Glass Market Upcoming Growth, Key Player Analysis and Forecast 2032 - EIN News - May 7th, 2023 [May 7th, 2023]
- Baltimore Business Leaders See An Economy of Both Ups And Downs - Smart Business Dealmakers - May 7th, 2023 [May 7th, 2023]
- Ligne Roset's new CEOs, Kravet appoints a new CMO and more - Business of Home - May 7th, 2023 [May 7th, 2023]
- 5 Conservative And Cheap Dividend Stocks To Invest In - May 2023 - Seeking Alpha - May 7th, 2023 [May 7th, 2023]
- /R E P E A T -- REDEVELOPMENT OF THE FORMER MONTREAL CHEST INSTITUTE SITE:/ - Yahoo Finance - May 7th, 2023 [May 7th, 2023]
- Oxo Alcohol Market Competitive Landscape, Emerging Trends and ... - GlobeNewswire - May 7th, 2023 [May 7th, 2023]
- MASONITE INTERNATIONAL CORP Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) - Marketscreener.com - November 10th, 2022 [November 10th, 2022]
- Road Construction and Maintenance Market Size to Grow by USD 259.95 Billion From 2022 to 2027, Assessment on Parent Market, Five Forces Analysis,... - November 10th, 2022 [November 10th, 2022]
- OLO INC. Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q) - Marketscreener.com - November 10th, 2022 [November 10th, 2022]
- Eastwing Architects Are Helping Residential and Commercial Clients to Create their Dream Spaces - GlobeNewswire - August 20th, 2022 [August 20th, 2022]
- Op-ed | Why a hybrid space architecture makes sense for economic and national security - SpaceNews - August 20th, 2022 [August 20th, 2022]
- Jamison to raze building for 188 apartments in Koreatown - The Real Deal - August 20th, 2022 [August 20th, 2022]
- The 10 Biggest Roofing Companies in the U.S. in 2022 - Levelset - August 20th, 2022 [August 20th, 2022]
- $300,000 Luxury Container Homes Are Coming To The South Side This Winter - Block Club Chicago - August 20th, 2022 [August 20th, 2022]
- Ed Day Admonishes Town Supervisors For Inaction On Finding Alternative Site For Animal Shelter Rebuild - Rockland County Business Journal - August 20th, 2022 [August 20th, 2022]
- Chipping Away at the Monolith: Applying MVPs and MVAs to Legacy Applications - InfoQ.com - August 20th, 2022 [August 20th, 2022]
- Q&A: The Rockwell Project in downtown Oconomowoc | Oconomowoc News | gmtoday.com - Greater Milwaukee Today | GMToday.com - August 20th, 2022 [August 20th, 2022]
- Toll Brothers Apartment Living and PGIM Real Estate Announce Joint Venture to Develop 422-Unit Luxury Rental Community in San Diego, California -... - August 20th, 2022 [August 20th, 2022]
- City of Clinton building permits - Clinton Herald - November 4th, 2021 [November 4th, 2021]
- Gov. McMaster to spend remaining COVID education relief to fully fund two-year training - Greenville News - November 4th, 2021 [November 4th, 2021]
- Redevelopment in Wilton-Why, What and How By Lynne Vanderslice - Patch.com - November 4th, 2021 [November 4th, 2021]
- Small and diverse business owners prepped to bolster profits with conclusion of new USF-Skanska mentor-protg program - University of South Florida - November 4th, 2021 [November 4th, 2021]
- City Of Suisun City: Marina Village Apartments Notice Of Intent To Adopt A Mitigated Negative Declaration And Notice Of Public Hearing - Patch.com - November 4th, 2021 [November 4th, 2021]
- New hotels, homes seek Orange OK - The Record Newspapers - TheRecordLive.com - November 4th, 2021 [November 4th, 2021]
- Atilla Kara and Tzu-Ching Lai Join the Washington, DC Studio of National Interior Design and Consulting Firm MKDA | Milo Kleinberg Design Associates... - February 20th, 2021 [February 20th, 2021]
- Burns & Klemm - The SandPaper - February 20th, 2021 [February 20th, 2021]
- Partner Engineering and Science, Inc. Announces Rapid Expansion Throughout 2020, Increasing Headcount by 8% - Business Wire - February 20th, 2021 [February 20th, 2021]
- What Is the Future of Work Space in RI - Will Staff Ever Return to the Office - GoLocalProv - February 20th, 2021 [February 20th, 2021]
- Paul Williams, Architect to the Stars, Designed the Buildings That Shaped Southern California - Robb Report - February 2nd, 2021 [February 2nd, 2021]
- Commercial Lighting Market 2021-2026 Booming Growth Analysis and Future Prospects | Deco Lighting, Syska, Toshiba Corporation - KSU | The Sentinel... - January 20th, 2021 [January 20th, 2021]
- Panzura Expands Leadership With Six Key Hires to Intensify Growth Initiatives - PR Web - January 20th, 2021 [January 20th, 2021]
- KBS Completes an $11 Million Renovation to an Iconic 31-Story Office Tower in Downtown Denver, Colorado - Business Wire - January 20th, 2021 [January 20th, 2021]
- Resilient year for East Midlands architect with expansion plans for 2021 - East Midlands Business Link - December 18th, 2020 [December 18th, 2020]
- Courts Are Deciding Some Conservation Easement Cases In Favor Of Taxpayers - At Least In Part. Is It Time To Rethink Settlement? - Forbes - December 18th, 2020 [December 18th, 2020]
- What is Commercial Architecture? | PionArch, LLC - December 17th, 2020 [December 17th, 2020]
- Architect eyes larger office after 'strong' year | TheBusinessDesk.com - The Business Desk - December 17th, 2020 [December 17th, 2020]
- Why 2021 is the year you should become an Interior Design major - Study International News - December 17th, 2020 [December 17th, 2020]
- Architectural Acoustic Panels Market to Hit USD 9,752.8 Million by 2027; Rising Demand for Efficient Soundproofing Solutions from the Hotel Industry... - December 17th, 2020 [December 17th, 2020]
- Best At The Office Posts of 2020 - Design Milk - December 17th, 2020 [December 17th, 2020]
- Who are the Top Workplaces contenders? - Oklahoman.com - December 10th, 2020 [December 10th, 2020]
- Covington, Ludlow Development Projects Awarded Funds - The River City News - December 10th, 2020 [December 10th, 2020]
- $21 Million Sheriff's Building Would Be Financed With 15-Year CenterState Bank Loan at 1.83% Interest - FlaglerLive.com - December 10th, 2020 [December 10th, 2020]
- Duke Energy awards more than $200000 to Greater Cincinnati ventures that aim to spark redevelopment, help small businesses - Duke Energy News Center - December 10th, 2020 [December 10th, 2020]
- Movers and Shakers Week Ending 12.11.20 - milehighcre.com - December 10th, 2020 [December 10th, 2020]
- Jim Kolb Promoted To SVP Of STV|DPM - Citybizlist - December 10th, 2020 [December 10th, 2020]
- Memorandum on The National Space Policy - Imperial Valley News - December 10th, 2020 [December 10th, 2020]
- Show Your Work: D-Wave Opens the Door to Performance Comparisons Between Quantum Computing Architectures - HPCwire - December 10th, 2020 [December 10th, 2020]
- Tower Holdings Group expands to the United Arab Emirates - PR Web - December 10th, 2020 [December 10th, 2020]
- City gets update on capital projects - The Suffolk News-Herald - Suffolk News-Herald - November 29th, 2020 [November 29th, 2020]
- New Metropolitan Sea Airport Of Elefsina: "One Of The Most Ambitious And Visionary Projects Taking - GreekCityTimes.com - November 29th, 2020 [November 29th, 2020]
- This startup wants to become a digital ecosystem that connects spaces, freelancers and entrepreneurs - The Advocate - November 29th, 2020 [November 29th, 2020]
- Advice for "Emily in Paris" season 2: Drop the Americanized fantasy and get to know the real city - Salon - November 29th, 2020 [November 29th, 2020]
- Small towns like Badin have lessons for big cities like Charlotte - The Stanly News & Press - Stanly News & Press - November 29th, 2020 [November 29th, 2020]
- Will reopening of border crossing drive Saudi investment in Iraq? - Al-Monitor - November 29th, 2020 [November 29th, 2020]
- A 30,000-square-foot Ascension clinic is coming to Mequon, but the mayor is among those who isn't happy about it - Milwaukee Journal Sentinel - October 20th, 2020 [October 20th, 2020]
- Serverless Architecture Market Estimated Forecast Analysis 2020 to 2027 by top key Players like Realm, Galactic Fog IP Inc., Snyk Ltd., Dynatrace... - October 20th, 2020 [October 20th, 2020]
- Global Glass Cleaning Chemical Market 2020 Growth Analysis, Opportunities, Trends and Developments to 2025 Wall Street Call - Reported Times - October 20th, 2020 [October 20th, 2020]
- AdventHealth Breaks Ground on ER, Health Park to Serve Fast-Growing Clermont Area - Clermont Report - October 10th, 2020 [October 10th, 2020]
- Towards a More Sustainable Northwest: ALPEN HIGH PERFORMANCE PRODUCTS Developing Energy Efficient Construction Alternatives with an Alliance of 140... - October 10th, 2020 [October 10th, 2020]
- Durbin Park set to expand with Flagler Health+ 75-bed hospital, wellness campus - The Florida Times-Union - October 10th, 2020 [October 10th, 2020]
- Union Bank Plaza Designated First Skyscraper in Los Angeles as a Historic Landmark; KBS Completes Phase I of a $20 Million Repositioning and Historic... - October 10th, 2020 [October 10th, 2020]
- Hear Exclusive Insights on Skynet 6 at SMi Group's 22nd Annual Global MilSatCom - PR.com - October 10th, 2020 [October 10th, 2020]
- Community events and announcements: Oct. 9, 2020 - Verde Independent - October 10th, 2020 [October 10th, 2020]
- Planning staff: Housing development 'costs are unduly allocated to existing taxpayers' - Daily News Journal - October 10th, 2020 [October 10th, 2020]
- Global Architectural LED Lighting Industry Market Forecast Revised in a New Market Research Store Report as COVID-19 Projected to Hold a Massive... - October 10th, 2020 [October 10th, 2020]
- Waterborne Coatings Market projected to exceed $95 billion by 2024, Says Global Market Insights Inc. - GlobeNewswire - October 10th, 2020 [October 10th, 2020]
- A work of art: Fitzpatrick Architects of Tyler named Dallas-area firm of the year - Tyler Morning Telegraph - September 18th, 2020 [September 18th, 2020]
- Architectural firm FBW sued for $3m over breach of Kabira extension contract - Eagle Online - September 18th, 2020 [September 18th, 2020]
- Tecnoglass to Attend the D.A. Davidson 19th Annual Diversified Industrials & Services Virtual Conference - GlobeNewswire - September 18th, 2020 [September 18th, 2020]
- US Commercial Paving Slabs Market to Witness Exponential Growth by 2020-2027 | Leading Players Abbotsford Concrete Products Ltd., Westile Roofing... - September 18th, 2020 [September 18th, 2020]
- With new zoning tool, Palo Alto looks to relieve housing drought - Palo Alto Online - September 18th, 2020 [September 18th, 2020]
- BIDU INVESTOR ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff - Global Banking And Finance Review - September 18th, 2020 [September 18th, 2020]
- The ever-changing faces of Australian commercial design - Architecture and Design - June 16th, 2020 [June 16th, 2020]
- Architectural Lighting Market Technological Innovations and Future Opportunities 2025 - Cole of Duty - June 16th, 2020 [June 16th, 2020]