TMR_Research_Reports_2017 Smart Glass Market Research Report By 2024 | Page 3

Smart Glass Market
carbon emission, user comfort, and energy efficiency could augment the uptake of smart glass by
automobile manufacturers for adding attractive features, thus increasing their sales income. Emerging
regions such as Asia Pacific have also been envisioned to contribute to the growth of the world smart
glass market while riding on a magnifying requirement for solar panels in various industries such as
solar power generation, transportation, consumer electronics, and housing and construction.
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Cheaper Substitutes and Unreasonable Prices Discourage Players
High price and availability of affordable substitutes could negatively affect the demand in the
international smart glass market. Other factors that have been prophesied to make the growth
lethargic in the international smart glass market are lack of awareness about application benefits,
concerns regarding maintenance of color balance, and dawdling response to the adoption of large-
sized smart glass.
However, the need for enhanced cost efficiency and operational productivity fulfil