Smart Glass Market Worth 8.35 Billion USD by 2023

PUNE, India, September 29, 2017 /PRNewswire/ --

According to the new research report "Smart Glass Market by Technology (Suspended Particle Display, Electrochromic, Liquid Crystal, Photochromic, Thermochromic), Application (Architecture, Transportation, Consumer Electronics), and Geography - Global Forecast to 2023", published by MarketsandMarkets™,  the market is expected to reach USD 8.35 Billion by 2023 from USD 3.32 Billion by 2017, at a CAGR of 16.61% between 2017 and 2023. The growth of this market is mainly driven by factors such growing demand for smart glass in automobile applications, strong government support through mandates and legislations for energy-efficient construction, and optimal energy saving through smart glass applications.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 70 Market Data Tables and 51 Figures spread through 172 Pages and in-depth TOC on "Smart Glass Market - Global Forecast to 2023"

http://www.marketsandmarkets.com/Market-Reports/smart-glass-market-907.html

Early buyers will receive 10% customization on this report

Electrochromic technology expected to hold largest share of smart glass market by 2023 

Electrochromic technology is expected to hold the largest share of the smart glass market based on technology by 2023; the growth of the market for this technology attributed to a shorter switching time exhibited by this glass to switch from clear to dark state and increasing investments in this technology from the smart glass industry players. The automotive industry is a vital application area for electrochromic glass.

Smart glass market for architecture expected to grow at highest CAGR between 2017 and 2023 

The smart glass market for the architecture application is expected to grow at the highest CAGR between 2017 and 2023. It offers energy-efficiency and improved aesthetics in these applications. Use of smart glass in various architecture applications increases the aesthetic value of a building and reduces the heating, cooling, and lighting costs significantly. In the architecture application, the smart glasses are used in doors, partitions, windows, skylights, and elevators. Various establishments in the architecture application using smart glass in their designs include residential buildings, schools and colleges, hospitals, corporate offices, and retail buildings including malls, outlets, and supermarkets and hypermarkets.

Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=907

Europe expected to dominate smart glass market during the forecast period 

The smart glass market in Europe is expected to grow at the highest CAGR during the forecast period. Europe consists of a number of developed countries such as Belgium, France, Germany, Italy, and the UK. This region derives its revenues from the tourism, industry, and manufacturing businesses, among others. The hospitality and automotive manufacturing sectors in this region have grown tremendously due to supportive government policies over the past few decades. The government initiatives for green buildings and energy harvesting have contributed to the rise in the popularity of smart glasses. As a result, Europe holds a significant share of the overall smart glass market.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=907

The key players in the market include SAGE Electrochromics, Research Frontiers, View, Inc., Asahi Glass Co., Gentex, Hitachi Chemical, Glass Apps, Pleotint, Polytronix, RavenWindow, Scienstry, Smartglass International, and SPD Control Systems. The key players in this market are increasingly undertaking the strategies of partnerships and collaborations, and product developments and launches to develop and introduce new technologies and products to the market.

Browse Related Reports 

Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC, Entertainment & Other Control, Home Healthcare, Smart Kitchen, and Home Appliances), Software & Service (Behavioral, Proactive), and Geography - Global Forecast to 2023
http://www.marketsandmarkets.com/Market-Reports/smart-homes-and-assisted-living-advanced-technologie-and-global-market-121.html

Electrochromic Glass Market by Material (Polymers, Nanocrystals, Viologens), Device (Windows, Mirror, Display), Application (Commercial, Residential, Transportation, Retail, Hospitality), and Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/electrochromic-glass-market-110534618.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets