Smart Glass Market Reach Us$ 7.04 Bn By 2024 | TMR | Page 3

Smart Glass Market North America to Gain Supremacy among all Regional Markets According to the research report, the worldwide market for smart glass is spread across North America, the Middle East and Africa, Asia Pacific, Latin America, and Europe. The global market has been led by North America over the past few years and is expected to remain so throughout the forecast period. The growth of this regional market can be attributed to the increasing prominence of renewable sources of energy, specifically solar energy. As smart glass has an important role to play in the generation of solar energy, the demand for smart glass is expected to increase with the increasing uptake of solar energy in this region. North America acquired 30% of the overall market in 2015 and was closely followed by Asia Pacific and Europe. The smart glass market in Asia Pacific is relatively new and is showing immense potential for future growth; however, Europe, being a mature market, is predicted to witness a decline in its market share over the next few years, notes the study. Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1 026 Demand for Sustainable Energy to Influence Uptake of Smart Glass On the grounds of the depleting sources of energy, the demand for sustainable energy, nowadays, has increased substantially, compelling governments across the world to implement regulations and take initiatives to reduce the consumption of energy. The promotion of green buildings is one of the most prominent initiatives for energy conservations taken by the governments in a number of developed countries. “Since smart glass play a significant role in saving the energy required for heating, cooling, and lighting in green buildings, its demand has soared, globally,” says an analyst at TMR. With the increasing proliferation of green building across the world, the global smart glass market is likely to fare impressively in the near future. However, the