![]() Also, supportive government mandates and legislation on energy efficiency are expected to drive the market during the next business quarters.Īlso, declining prices for electrochromic material and architecturally advanced construction philosophies (incorporating the installation of large windows) are going to propel this industry’s demand as a whole. The increasing adoption of smart glass in the automotive application is pushing the growth of the global market of smart glass manufacturers. You can download the sample version here. The market of smart glass manufacturers is expanding at a CAGR of 16.75% from 2020 to 2027. As the demand is growing with every passing business quarter, Verified Market Research experts projected its value to reach USD 13.93 billion by 2027. Smart Glass Manufacturers’ Market CapĪccording to the Global Smart Glass Manufacturers’ Market Report, it was valued at USD 4.39 billion in 2019. ![]() Also, the increasing adoption of sustainable solutions in the automotive and architectural sectors has fueled the growth of the smart glass manufacturers’ market. Smart glasses are being adopted for applications such as ‘Architecture’, ‘Power Generation Plants (Solar)’, ‘Transportation’ and ‘Consumer Electronics’. Due to this reason, the major smart glass manufacturers are coming into limelight. Smart glasses are experiencing mainstream adoption. The chief smart glass manufacturers have made thermochromic, suspended particle devices (SPD), polymer dispersed liquid crystal (PDLC), micro-blinds, electrochromic, photochromic, and nanocrystal glasses. It must be noted that there are multiple forms of smart glasses, currently available in the market. Glass manufacturers’ products can be controlled by both manual and automatic ways. These glasses are usually used indoors, partitions, windows, and skylights in residential as well as commercial buildings. ![]() This new form of glasses was introduced to the world by leading glass manufacturers. ![]() Smart glass is a type of architectural glass that changes its light transmission properties in response to factors such as temperature, voltage, or light. The smart glasses, made by smart glass manufacturers, have the capability to change their light transmission properties. For this, the smart glass manufacturers have come to the rescue. As temperature is one of the main concerns in today’s world. These methods are being designed to tackle the existing problems. With the rising concerns around global warming and pollution, many new techniques are being invented. ![]()
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