According to a new market report by Lucintel, the future of the smart glass market looks promising with opportunities in the architecture, transportation, power generation plant, and consumer electronics industries. The global smart glass market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are growing demand for smart glass in automobile applications, declining prices of electrochromic materials, and stringent government regulation towards energy-efficient construction.
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In this market, suspended particle display, electrochromic, liquid crystal, micro-blinds, and thermochromics are the major smart glass technologies. Lucintel forecasts that suspended particle display will remain the largest segment over the forecast period.
Within the smart glass market, architecture, transportation, power generation plants, and consumer electronics are the major end use industries. Architecture is expected to witness the largest end use industry during the forecast period due to stringent regulations towards energy efficiency.
Sage Electrochromics, Research Frontiers, Asahi Glass, Gentex, Hitachi Chemical, Glass Apps, Pleotint, Polytronix, Raven window, Smart glass International, and others are among the major manufacturers of smart glass
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the smart glass market by technology, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Smart glass Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the smart glass market by end use industry, technology, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
Suspended Particle Display
Electrochromic
Liquid Crystal
Micro-Blinds
Photochromic
Thermochromics
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Architecture
Transportation
Power Generation Plants (Solar)
Consumer Electronics & Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/smart-glass-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.