Government mandates and legislations favoring the industry have kept the market prospects high. The foundation stones for future growth are however being set today, both on the supply and the demand side.
However, high cost factor of smart glass and the easy availability of substitutes may challenge the growth of this market to some extent, states the report.
There are still remaining challenges in this market however.
In particular, smart glass windows are still over-priced and price parity will only be reached if global capacity utilisation reaches economies of scale in the range ofsqm, according to our detailed analysis of the cost structure and depreciation.
Furthermore, rising applications especially in the automobile sector have contributed to the growth of the market. They however have a low switching speed, lack complete opacity, and offer only a mid-range price tag compared to other smart glass technologies.
Interestingly, there are slight variations even within a given technology, owing to the launch of successive technology generations. The technology access market is also dynamic in this field, with Research Frontiers holding a strong patent portfolio. Furthermore, capabilities of electrochromic glasses have completely transformed the automotive and aerospace sector.
The data proves effective for business owners planning on designing their marketing and branding strategies.
Moreover, in countries such as China and India, improving economic conditions leading to the development of the housing sector will display the demand for solar panels, which in turn, will benefit the smart glass market.
Another high-profile success story is the new Boeing Dreamliner which has incorporated electrochromatic technology onto its passenger windows. Market Smart glass has already achieved limited commercial success. Most of manufacturing capacity is located in America however Europe will see more investments in the coming years since glass shipping is not cost effective and the European market uses larger glass formats than the American one.
Technology Smart glass refers to a multitude of technologies covering electro-chromic, thermo-chromic, suspended particle and liquid crystal technologies.
Rising Focus on Renewable Energy Bodes Well for Market Across the world, depleting sources of energy have raised alarms among governments to implement regulations to reduce the consumption of energy. Thermo-chromic technologies, in contrast, give no control to the end user.
With the increasing development of green buildings across several large cities of the world, the smart glass market is expected to be benefitted. Technology Smart glass refers to a multitude of technologies covering electro-chromic, thermo-chromic, suspended particle and liquid crystal technologies.
The region is closely followed by Europe and Asia Pacific in terms of growth of smart glass market. In this region, the increasing prominence of renewable energy, particularly solar energy, as a measure to ensure energy security in the long-run is driving the smart glass market.
At the same time, the trends towards energy efficiency, comfort and privacy are creating demand. North America to Lead among all Regional Segments In terms of end user, architecture, transportation, consumer electronics, and solar power generation are the segments of this market.
The foundation stones for future growth are however being set today, both on the supply and the demand side. Liquid crystal LC smart glass technology beats others in terms of switching speed, and the opacity of the dark state. Market Smart glass has already achieved limited commercial success.
To check out the complete table of contents, visit: It is amongst the more expensive options too. Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas. End user interviews particularly from the construction industry Company interviews and detailed company profiles Company profiles Each in-depth company profile included in the report is based on direct interviews conducted by IDTechEx analysts and contains: This segment is also growing in attractiveness as the glass content on commercial buildings is on the rise.
Despite this and despite more than twenty years of technology development the market today remains relatively small. The demand is also being pushed by the fact that smart glass technology is also being exploited as a differentiator in the otherwise highly competitive and commoditised glass industry.
This technology was gained traction in this market segment owing to its high switching speed and high user controllability. For example, suspended particles smart glass technology is being increasingly adopted in premium luxury cars such as the Mercedes Benz SLK.
Incorporated in the backbend they conserve energy in case of sun roofs as well as liquid crystal windows. Study further weighs up on the prominent market players and what they are doing different to position their product in the already crowded marketplace. Thermo-chromic technologies, in contrast, give no control to the end user.
The study further drills down to produce data volume by components, end consumers and demography. Technologies, Markets, Forecasts offers: The commercial sub-segment of the building industry will be the early adopter here.
This has resulted in a rapid expansion of the production capacity globally. The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure. To buy the copy of this report, visit:As the only comprehensive report covering the technologies and markets, it will assist all in the value chain including building and vehicle designers, sellers and users.
Smart Glass is electrically active glass mainly for use in automotive, architectural and avionic windows, with demand growing to $ billion in ten years.
The report predicts the global smart glass market to grow with a CAGR of % over the forecast period of The report on global smart glass market provides qualitative and quantitative analysis for the period of to Smart Glass Market: Worldwide Industry Share, Investment Trends, Growth, Size, Strategy, Technologies and Forecast Research Report Share Article mi-centre.com announces addition of new report “Smart Glass Market” to its database.
Automotive Smart Glass market in China The role of Research Frontiers and its SPD technologies in the vehicles market Smart Glass in Aerospace applications Smart glass in Boeing Dreamliner Marine Smart Glass Applications Market Penetration by Technology by Market Smart Glass Market by Technology (Thermochromic, Photochromic, Electrochromic, SPD, PDLC, and Others) and End-User Industry (Transportation, Construction, Power Generation, and Others) - Global Opportunity Analysis and Industry Forecast, TMR estimates that the global smart glass market is expected to display a CAGR of % between and As a result, the market’s valuation will reach US$ bn by increasing from US$ bn in Location: State Tower, 90 State Street, SuiteAlbany,Download