Smart Glass Market Industry Outlook, Growth Prospects and Key Opportunities 2024
Axiom MRC Published an, “Smart
Glass Market Report, by Application, Technology and Geography-Global Market
Share, Trend Analysis & Forecast Up To 2024” Smart glass is a glass or glazing which can be altered
thought the light transmission properties when voltage, light or heat is
applied.
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Smart Glass
Market Overview:
Smart glass
market growth is attributed to the surging eminence of green energy initiatives
such as green buildings and eco-friendly & non-electric technologies
including thermochromic. Smart glass is mainly known as switchable glass or
magic glass. This market basically provides various advantages, such as energy
efficiency, user comfort, reliable and reduced carbon emission. Due to such
advantage, use of smart glass increased throughout the years. Growing use of
smart glass in sun visors, sunroofs, side and rear windows in the top-class
premium cars have significantly changed the market.
It changes
from translucent to transparent which allows light to go through or block
certain wavelengths. Smart glass creates climate adaptive building shells, with
the ability to save costs for heating, air-conditioning and lighting through
its application on building. Thus, the product finds an extensive use in green
buildings for saving energy needed to light, heat or cool these buildings.
Smart Glass
Market Key Players:
The key
competitors of smart glass market are Frontiers, Inc., SAGE Electrochromics,
Inc., Hitachi Chemicals Co. Ltd, Asahi Glass Company Ltd., Smartglass
International Ltd, Polytronix, Inc., Schott Corporation, RavenBrick LLC,
Pleotint, LLC., Gentex Corp, Active Glass Technologies PLC, Essex Safety Glass
Ltd, InvisiShade, LLC, Nippon Sheet Glass Co. Ltd, Domoticware, Essex Safety
Glass Ltd, E. I. du Pont de Nemours and Company.
Smart Glass
Market Segmentation:
Smart Glass
Market by Application:
The global smart
glass market is segmented into architecture, transportation, power generation
plants (solar) and consumer electronics & others. Further smart glass
market for architecture market is divided into commercial and residential. Whereas,
transportation smart glass market is sub-segmented into automotive, bus/rail,
aerospace and marine.
Smart Glass
Market by Technology:
Based on
technology, the smart glass market divided into two categories such as active
glass and passive glass. The active glass is mainly initiated change when
trigger up with electricity and passive glass is stimulated by heat and UV
light sources.
Brows
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Smart Glass
Market by Geography:
By geography,
this market covers North America, Europe, APAC and Rest of the World. North
America comprises U.S., Canada and Mexico whereas Europe would primarily cover
Germany, France, UK, Italy and Rest of Europe. The key countries included under
the Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific.
About
Axiom MRC:
Axiom Market Research & Consulting™ (also known as
Axiom MRC), is a full-service market research and data analytics firm, driven
by a simple aim of providing key market intelligence to companies to assist
them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
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