Dublin, May 03, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Smart Glass Market - By Application, Technology, Regions and Vendors - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report to their offering. The global market for smart glass was valued at $2.69 Billion in 2016 and is estimated to reach $7.41 Billion by 2022, at a CAGR of 18.41% for the forecasted period.
Smart glass is a type of glass whose properties are changed when light or heat falls onto it. The smart glass is climate adaptive and blocks ultraviolet light. As a result of such features, it is being widely used in applications such as automotives, aircrafts, marine, electrochromic devices, LCDs, and others. North America leads the market in terms of production while Europe is witnessing an increase in domestic production since glass imports are not cost effective. Emerging countries like India, China, and Brazil have a huge market potential. Smart glass is highly used in Construction, and Automotive industries. Added to this, end-Use applications such as architecture, mirrors are expected to lead the market for the period during the forecasted period. From the supply side, manufacturers of smart glass are increasing their production capacity and as a result, the production costs and the market price are expected to decrease. Also, the growth rate of automotive industry would also drive the smart glass market. Factors like growing automotive sector, environment friendly and green buildings are driving the smart glass market. Shifting demand from Passive to Active Smart Glass Technologies is expected to drive the market during the forecasted period. Added to this, increased demand in aviation sector would also drive the market. On the other hand, high costs, and low market penetration is limiting the growth of the market. Industry is witnessing trends in terms of technological advancements like the usage of electro chromic and thermo chromic technologies; Liquid Crystal has many advantages over the others. Companies are focusing on expanding the capacity especially in Europe and emerging countries. Key Topics Covered: 1. Research Methodology 2. Market Overview
- Definition
- Value Chain
- Porter's Analysis
3. Market Dynamics
- Introduction
- Drivers
- Constraints
- Opportunities
4. Smart Glass Market Segmentation, Forecasts and Trends - by Revenue 5. By Application
- Architectural
- Solar
- Electronics
- Transportation
- Others
6. By Technology
- Liquid Crystal
- Electrochromics
- SPD
- Thermographic
- Photochromics
- Microblinds
7. By Region 8. Global Vendor Market Share Analysis 9. Competitive Intelligence - Company Profiles
- Saint Gobain
- Asahi glass
- Dupont
- Hitachi Chemical
- Gentex Corpotation
- Ravenbrick
- Smart glass international
- SPD Control System
- Pleotint
- View Inc.
- Citala Ltd.
- Corning
- PPG
- AutoGlass
- Balco
- BASF
- Bayer
- Cardinal Glass
- Carlex
- ChromoGenics
- Domoticware
- Dow Chemical
- Garware Suncontrol
- Gesimat
- GKN
- GlasNovations
- Glass Apps
- Heliotrope
- ICE AV
- Innovative Glass
- InvisiShade
- Kinestral
- LTI Smart Glass
- NeoView Kolon
- Nippon Sheet Glass
- Pleotint
- Polytronix
- Pulp Studio
- Ravenbrick
- Scienstry
10. Investment Scenario
- Industry M&As, Consolidations
- Investment options
- Smart Glass market - Road Ahead
- Tables
For more information about this report visit http://www.researchandmarkets.com/research/6b...obal_smart
CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: Glass
