Smart Glass Market
REPORT DESCRIPTION
Smart Glass Market (Technology - Electrochromic, Thermochromic,
Photochromic, Liquid Crystal, and Suspended Particle Device; End
User - Architectural, Consumer Electronics, Transportation, and
Solar Power Generation) - Global Industry Analysis Size Share
Growth Trends and Forecast 2016 – 2024
With a few leading players, namely, ASAHI GLASS, Saint-Gobain, DuPont, and Guardian Industries,
driving the entire market, the global market for smart glass demonstrates a consolidated structure,
finds a report by Transparency Market Research (TMR). These players, collectively, held a share of
40% in this market in 2015. With participants increasingly involving into mergers, acquisitions, and
strategic alliances, the competition within the market is expected to intensify over the forthcoming
years, state the report.
As per TMR’s estimations, the opportunity in the global market for smart glass is likely to rise at a
CAGR of 14.50% over the period from 2016 to 2024, increasing from US$2.10 bn in 2015 to US$7.04
bn by the end of the period of the forecast. The demand for smart glass is higher in the transportation
sector compared to other end users.
The scenario is anticipated to remain the same throughout the forecast period, thanks to the
expanding application base of these mirrors in automobiles, such as increased usage in sun
visors, sun roofs, and rear and side windows in high-end premium cars. The current boost in the
worldwide aviation and the automotive industries is also projected to fuel the demand for smart glass
in the transportation sector significantly over the next few years.
Browse The Full Article Here: http://www.transparencymarketresearch.com/smart-
glass.html
2
Transparency Market Research