Global Smart Glass Market: Industry Size, Share, Trends Analysis and Forecast, 2015-2021

Published By:Zion Market Research

Global Smart Glass Market: Industry Size, Share,
Trends Analysis and Forecast, 2015-2021

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Smart Glass Market

Zion Market Research has published a new report titled “Smart Glass market by Technology
(Electrochromic, Thermochromic, SPD, and PDLC) for Transportation, Electronics,
Architecture, Solar Power Generation and Other Applications: Global Industry Perspective,
Comprehensive Analysis and Forecast, 2015 – 2021 ” According to the report, global demand for
smart glass was valued at over USD 2.1 billion in 2015, is expected to reach around USD 6.56
billion in 2021 and is anticipated to grow at a CAGR of slightly above 19.0% between 2016 and
Glass is formed by the fusion of potash, lime and silica at the high temperature and to revise its
properties different components are added. Smart glass is the advance technologies that has
exterior stimulus properties and use the clean technology concept. Smart glass switches its
property depending on the external temperature. Smart glass switches either automatically or
manually to manage the glare, amount of heat and light. Smart glass can be damaged owing to
large exposure to the UV rays.

Smart Glass Market
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Government support coupled with large investment in automobile industry for innovative
products accelerates the demand for smart glass market. Increasing demand for eco-friendly
and energy efficient product drives the smart glass market. Another factor that contributes to
the splendid growth of smart glass market is the reduced maintenance cost and cost efficiency.
Conversely, limited commercialization and inadequate awareness is expected to impede the