Post Time：Dec 04,2018Classify:Industry NewsView：1321
The global market for smart glass was valued at US$ 3,264.8 Mn in 2017 growing with a CAGR of 17.3% during the forecast period from 2018 to 2026.
Rise in construction activities, increase in automotive production, coupled with high investments in infrastructure across developed and developing nations driving the global smart glass market.
Growing renovation and restoration activities in both residential and commercial buildings are boosting the growth of global smart glass market as the existing buildings lack energy-efficient infrastructure. Furthermore, the demand for energy-efficient glasses is witnessing higher growth in recent years owing to favorable government mandates and legislations for energy-efficient construction and energy saving through smart glass applications.
As an alternative to traditional glass, smart glass manufacturers are ready to tap-in the enormous opportunities available in the global smart glass market. From 2016, Mercedes-Benz started using the SPD Technology (Suspended Particle Devices technology), which is a switchable glass assembly that offers different range of light to transmit. BMW AG and Daimler AG also have installed smart glass in sunroofs and windows in their premium cars. Furthermore, LG is using smart glass in its latest refrigerator series, which features a dark glass panel that pops up light as and when it receives an external stimulus to become transparent to reveal contents of the fridge.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Smart Glass Market, by Technology
Chapter 5 Global Smart Glass Market, by Application
Chapter 6 Global Smart Glass Market, by Geography
Chapter 7 Company Profiles
Source: https://www.businesswire.com/news/Author: shangyi
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