Smart Glass Market: Key Growth Factors and Forecast


Latest Research Study Titled, “Smart Glass Market By Technology And Application – Global Industry Analysis And Forecast To 2023”, Published By Crystal Market Research
In 2014, the Global Smart Glass Market was evaluated around USD 1.95 billion and is expected to reach approximately USD 7.70 billion by 2023 while registering itself at a compound annual growth rate (CAGR) of 16.50% over the forecast period. The growth of the global market is assigned to the capability of the glass to modulate heat and transmit light in accordance with the external ecological conditions. As structure owners recognized the long-term benefits linked with energy competence, they have initiated demonstrating a preference towards implementing this technology. The market is acquiring prominence owing to the appearance of strict regulations regarding large-scale urbanization and energy efficiency in emerging countries. Amplified investments in the production of smart glass along with the formation of industrial-scale manufacturing capacity, has considerably contributed towards industry growth. Rising consolidations between technology suppliers and providers are boosting the smart glass development, customized as per an extensive range of application fields.




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