Smart glasses are usually incorporated with photovoltaic to supply power to the windows. Incorporated in the backbend they conserve energy in case of sun roofs as well as liquid crystal windows. Furthermore, capabilities of electrochromic glasses have completely transformed the automotive and aerospace sector.
The capability of smart glasses to ensure energy savings and low maintenance is driving the market worldwide. Besides this, smart glasses are environment friendly. Government mandates and legislations favoring the industry have kept the market prospects high. Furthermore, rising applications especially in the automobile sector have contributed to the growth of the market. Factors such as high premium costs and lack of awareness of the benefits of smart glass have hindered the growth of the market. However, growing applications mainly in the solar plants would create greater opportunities
The world smart glass market is segmented based on technology, application and geography. The technologies discussed in the market research report are Passive Glasses, Low E-Glasses and Active Glasses. In addition, the applications assessed during the study include power generation plant, transportation, electronics, architectural and others. Regions such as North America, Europe, Asia- Pacific and LAMEA are expected to witness rapid growth.
The key market players active in the smart glass market are SPD Control System Corporation, SAGE Electrochromics, SmartGlass International Ltd., Research Frontiers, Inc., Scienstry Inc., View, Inc., RavenBrick LLC, AGC, Ltd., Pleotint, LLC, PPG Industries, Glass Apps., Gentex Corp. and Hitachi Chemicals Co.
KEY BENEFITS FOR STAKEHOLDERS
SMART GLASS MARKET KEY SEGMENTS
Smart Glass Market By Technology
Smart Glass Market By Application
Smart Glass Market By Geography
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