Smart Glass Market: Will Grow at a Cagr of 19.0% Between 2016 & 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 2021.
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 ecofriendly 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 growth...