logo
logo
Sign in

Smart Glass Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026

avatar
Sam K

The global smart glass market size is expected to reach USD 7.91 billion by 2028 according to a new study by Polaris Market Research. The report “Smart Glass Market Share, Size, Trends, Industry Analysis Report, By Technology (Photochromic, Liquid Crystal, Suspended Particle Display, Electrochromic, Thermochromic); By End-Use (Automotive & Transportation, Architecture & Construction, Aerospace, Solar Energy); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing investments in the architecture and construction sector coupled with growth in disposable income of consumers drive market growth. Increasing application in the automotive and transportation sector, growing modernization of vehicles, and stringent regulations regarding vehicular safety and performance boost the market.

The increasing need for energy efficiency, growing demand for privacy, technological advancements, the shift towards sustainable solutions, and increasing use in commercial spaces, healthcare, and hospitality sectors are some factors expected to drive growth over the forecast period.

Request for sample copy of this report @  https://www.polarismarketresearch.com/industry-analysis/smart-glass-market/request-for-sample

The product is used by end-uses such as automotive & transportation, architecture & construction, aerospace, solar energy, and others. The architecture and construction sector accounted for the highest share in 2020. The increasing application in commercial buildings and the growing construction of energy-efficient buildings have increased the demand for the product in this sector.

The demand for smart glass is expected to increase from the automotive sector during the forecast period owing to the increasing demand for luxury vehicles worldwide, and the modernization of vehicles. Rising urbanization, technological advancements, and an increase in the sale of passenger vehicles have resulted in increased applications of smart glass.

North America dominated the global smart glass market in 2020 and is expected to maintain its dominance over the forecast period. However, Asia Pacific market is expected to grow at a significant rate during the forecast period. Rising industrial growth, increasing awareness regarding the adoption of energy-efficient material, growing urbanization, and growth in the automotive sector support market growth in this region.

Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries. There has been increasing demand for smart glass from industries such as construction, aerospace, and transportation. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.

Some of the major market participants include Asahi Glass, Innovative Glass Corporation, Corning Inc., LTI Smart Glass, Inc, Gentex Corporation, Smart Glass International, View, Inc., Polytronix, Inc., Glass Apps, Pro Display, Vision Systems, Sage Electrochromics, Inc, Intelligent Glass, Dream Glass Group, and Scienstry.

Request for Discount on This Report  @ https://www.polarismarketresearch.com/industry-analysis/smart-glass-market/request-for-discount-pricing

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Polaris Market Research

Phone: 1-646-568-9980

Email: [email protected]

Web: www.polarismarketresearch.com

collect
0
avatar
Sam K
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more