Smart Glass Global Market – Overview
Global Smart Glass Market is expected to grow at CAGR of ~18% and expected to generate revenue of US ~$8 billion by the end of forecast period.
Smart Glass market is expected to grow at 18% CAGR (2016-2022). These are the key factors that have acted as driver for the Smart Glass market However, the high upfront cost, difficult installation. Lack of awareness about the usability and benefits among consumer are some of the factor which is hindering the growth of Smart glass Market. Smart Glass Market Research Report 2018 – Global Industry analysis by Key Companies, Type, Application, Market Share, Growth Rate, and Key Country forecast to 2023. Smart Glass Industry depth analysis is done for North America, Europe, APAC and Rest of the World. Smart Glass market growing at rapid pace over the forecast period of 2018 to 2022
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Global Smart Glass Market is growing enormously due to the increasing demand of smart glasses in various sector such as architecture and construction sector, automobile and aviation among others. The smart glass also offer key benefits such as less maintenance, high durability, enhanced operation efficiency, blocking the UV rays, reduced heating, air-conditioning and lighting cost are some of the major factors which are helping the market to grow. The Government policies around the globe and initiative such as eco-friendly and green buildings are also helping market of smart glass to grow.
Europe has some of the major key players such as Schott AG, and Smart Glass International, Ltd. among other are manufacturing wide range of intelligent glass products due to its significant usage in various industries and is expected to generate the largest revenue in the global market followed by North America and Asia-pacific.
The prominent players in the market of Smart Glass are- 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.) among others.
Smart Glass Global Market – Segmentation
The Smart Glass market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Technology : Suspended particle devices, thermochromics Devices, Liquid crystal devices and Electrochromic devices.
Segmentation by Verticals : Architecture, Transportation, Power generation plant, consumer electronics, automotive, aviation among others.
Segmentation by Regions: Geographical Regions – North America, Europe, Asia Pacific and Rest of The World.
June 2018 – Rokid, Chinese artificial intelligence and smart hardware company, unveiled three new hardware innovations products, which are the Rokid Me Portable Smart Speaker, the Kamino18 AI Voice Dedicated Chip, and the new Rokid AR Glass. The Rokid Glass offers object recognition and improves efficiency at dissipating heat. Rokid Glass designed to supports Wi-Fi positioning that enables smart detection and indoor position navigation.
June 2018 – Plessey Semiconductors, a developer of optoelectronic technology solutions, entered into partnership with Vuzix, a specialist in the development of technologies for smart glasses to develop technologies for a new generation of AR smart glasses.
June 2018 – Toshiba entered into partnership with Ubimax, the global market leader for enterprise wearable computing solutions, to launch dynaEdge DE-100 and AR100 Viewer Assisted Reality smart glass solution. This glass solution is designed to provide industry workflow which enable the workers to achieve high performance in their tasks.
Smart Glass Global Market – Competitive Analysis
The market of Smart Glass appears to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
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Europe is dominating the market of Smart Glass due to high popularity of smart glass as building material and huge investment in this region by major key players such as Saint-Gobain SA and Smart Glass International, Ltd. North America is also showing healthy growth due to supportive government policies for energy efficient products and presence of key industry player such as LTI Smart Glass Inc. (U.S.), Polytronix, Inc. (U.S.) whereas In Asia-Pacific ,the market of smart glass has expanded due to increasing demand for energy efficiency, heat and light control, automated shading among others resulting in popularity of smart glass thus generating more revenue which will help to increasing the market .
Table Of Contents
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure:
1.3.1 Global Smart Glass Market: By Technology
1.3.2 Global Smart Glass Market: By Verticals
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
2.4.3 Market Crackdown & Data Triangulation
3 Global Smart Glass Market: Overview
3.1.2 Market Segmentation Of Smart Glass Market
List Of Tables
Table 1 Global Smart Glass Market, By Technology
Table 2 Global Smart Glass Market, By Verticals
Table 4 Global Smart Glass Market, By Regions
List Of Figures
Figure 1 Research Type
Figure 2 Global Smart Glass Market: By Technology (%)
Figure 3 Global Smart Glass Market: By Verticals (%)
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