Smart Glass Market to Grow More Than 250% by 2016, Lead by Aerospace and Transportation

Global Information Inc is pleased to announce the immediate availability of two excellent new smart glass premium market research reports:

Global Markets and Technologies for Smart Glass

While the origins of smart glass can be traced back as far as 1704 to when the first electrochromic material was discovered, true interest in smart glass technology only picked up significant momentum in the early 1970s, when the number of research activities resulting in patent applications and issued patents increased rapidly. This led to the development of improved fabrication processes, advanced properties and an increased number of applications spanning many industrial sectors.

Today, smart glass represents a billion-dollar industry, with the transportation and aerospace sector accounting for over 91% of the global market in 2011.

The market for smart glass experienced a slowdown in growth as a result of the global economic downturn in 2008 and 2009. Since then, global economic conditions have gradually improved, and smart glass fabrication technologies have continued to evolve. Several new applications have been developed, whereas others are ready to exit the development stage and enter commercialization.

BCC Research's new

Global Markets and Technologies for Smart Glass - Focus on Construction

While the Aerospace and Transportation segment represents over 91% of the total Smart Glass market, there is significant growth potential in the more niche Construction segment. For a detailed study of that particular segment, BCC has released a Smart Glass:

Smart glass products in the construction segment are frequently used in commercial buildings for privacy glass. Product value in this segment reached $69.8 million in 2010 and $79.7 million in 2011. The market is expected to reach $129.5 million by 2016, a CAGR of 10.6%.

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