Global Smart Glass Market Estimated to Reach USD 8 Million by 2022 at a CAGR of 18%

PUNE, India, Nov. 30, 2016 /PRNewswire-iReach/ -- Market Highlights

Global Smart Glass Market is being growing steadily from past couple of years. The rising demand of smart glass in architectural building and automobile sector with increasing demand for Eco-friendly and energy efficient solution such as optimal energy saving is leading the market of Smart Glass.

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Global Smart Glass Market has been valued at US $ ~2 billion in the year 2015 which is expect to grow at US $~8 billion by the end of forecasted period with CAGR of approx. ~18%.

Smart glasses are also well suited for clinical environments such as hospitals, treatment rooms, surgeries and research labs. Smart glass offers instant control over privacy and removes the need for windows covering that harbor dust and germs in Hospitals and Clinics.

The smart glass also offers thermal, solar and sound insulation that provides better comfort and help to decrease any unwanted noise pollution creating a perfect environment for offices as well. These are key drivers which are helping the Smart Glass market to grow.

Key Players

• Active Glass Technologies PLC (U.K.)
• Asahi Glass Company, Ltd. (Japan)
• Corning, Inc. (U.S.)
• Saint-Gobain S.A (France)
• Schott AG (Germany)
• SmartGlass International, Ltd. (Ireland)
• Research Frontiers, Inc. (U.S.)
• Raven brick LLC (U.S.)
• Pleotint LLC (U.S.)
• PPG Industries, Inc. (U.S.)
• DuPont (U.S.)
• Nippon Sheet Glass Co., Ltd. (Japan)
• LTI Smart Glass Inc. (U.S.)
• Polytronix, Inc. (U.S.)
• Hitachi Chemical Co., Ltd (Japan)
• GlasNovations, Ltd. (U.K.)
• Scienstry, Inc. (U.S.)
• SPD Control Systems Corporation (U.S.)

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Smart Glass Market:

The global market for smart glass will grow immensely in the near future due to increasing application in various areas such as automotive, aviation, building. The in-built benefit offered by Smart Glasses such as the ability to adjust according to surrounding environment to block out heat or light is the one of the key factor which is increasing the market of Smart glass technology. Smart glass offers various benefits such as high reliability, high privacy level, very low maintenance that helps to reduce cost by heating, air-conditioning and lighting.

Taste the market data and market information presented through more than 40 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on the "Global Smart Glass Market Research Report -Forecast to 2022"

Intended Audience

• Infrastructure companies
• Aviation and marine industry
• Power plant industry
• Automotive Industries
• Consumer electronics
• Glass manufacturing Industries

Market Research Analysis:

Market Research Future Analysis shows that Smart Glass Market is growing steadily and during the forecast period, it is expected to grow at CAGR of ~18%. Upcoming trends in the sectors such as architecture and interior design, automobile and aviation, healthcare are supporting the market of smart glass. As the demand of Green Building and deployment of technology is rising, it is expected that the smart glass market will achieve new heights.

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Related Report

Global Glass Packaging Market Information by Application (Alcoholic beverages, food & beverages, pharmaceuticals and others) and by Region - Forecast to 2021 https://www.marketresearchfuture.com/reports/global-glass-packaging-market-research-report-forecast-to-2021

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