The global Smart Glass Market is projected to reach USD 13.19 billion by 2027. Renewed confidence of consumers within the economy coupled with greater spending boosted the sales of light-and heavy-duty vehicles. The demand for automotive glass is driven by several factors. The replacement volume of glasses is likely to grow with rise in the total vehicle population and kilometers driven. Adverse road conditions with difficult weather is likely to stimulate the demand for automotive glass replacement. However, buyers tend to defer from fixing minor injury to a windscreen till a vehicle is held up for sale or scrutiny. Therefore, sales of recent vehicles, turnover of used vehicles, and laws for vehicle scrutiny influence the demand for smart glasses in the automotive sector on a global scale.
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The usage of smart glass is ideal for aviation, automobile and the other transportation applications requiring heat and glare management. Throughout the automotive sector, smart glass is employed in applications like windows, rearview mirrors, sunroofs, and windshields. Smart glass provides protection from harmful ultraviolet (UV) rays by reducing glare, assists in heat management within vehicles, as well as reduce energy consumption, making the vehicle efficient all throughout.
The Global Smart Glass Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.
Some major companies in the market report include Gentex Corporation, AGC Inc., NSG Group, Saint-Gobain, View Inc., AGP Americas, Smartglass International, Polytronix, Hitachi Chemicals, SPD Control Systems, Innovative Glass Corp, Fuyao Glass, TaiwanGlass Group and Central Glass. among others.
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Emergen Research has segmented into the global Smart Glasses Market on the technology, application and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
Electrochromic
PDLC
SPD
Thermochromic
Photochromic
Application Outlook (Revenue, USD Billion; 2017-2027)
Architectural
Transportation
Consumer Electronics
Power Generation
Others
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Regional Analysis:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
Objectives of the Report:
Study of the global Smart Glass market size by key regions, types, and applications with reference to historical data (2017-2019) and forecast (2021-2028)
Industrial structure analysis of the Smart Glass market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Smart Glass market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Smart Glass market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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