“Switchable
glass” is a widely used term for “Smart Glass”. Smart glass is
a type of glass whose light transmission properties undergo change
due to external stimulus like heat, light, or voltage. Smart glass
was first introduced in the year 1986, however, this product
witnessed rapid commercialization post 2000. The popularity of smart
glass can be owed to its efficiency, reliability, and durability.
Since,
smart glass exhibits changing light transmission properties, it is
also known as magic glass or even dimmable glass. Smart glass is also
used for manufacturing smart windows that have the capacity to
control the amount of light that passes through them.
Earlier,
the application scope of smart glass was confined to only a few
specific types of experiments. However, nowadays smart glass is
widely applied in several sectors like electronics, architecture,
power generation, and transportation.
Segmentation
of the Global Smart Glass Market
The
global smart glass market is segmented on the basis of application,
technology, and geography. On the basis of application, the global
smart glass market is segmented into electronics, architectural,
power generation, transportation, and others. As per market
estimates, the architectural segment holds that largest share in the
application segment of the global smart glass market. The
architectural segment consists of residential and commercial building
applications.
Since,
smart glass does not let light and heat to easily pass through, these
are mostly used for making partitions, windows, skylights, and doors
in residential, and commercial buildings. The transportation segment
in the global smart glass market also holds significant growth
potential. In the aviation sector, the Boeing Company was the first
to introduce the trend of adopting smart windows. In order to ensure
luxurious passenger experience, the Boeing Company had introduced
smart windows in the 787 Dreamliner aircraft.
There
are two types of technologies that are incorporated in the global
smart glass market which are Passive smart glass technology, and
Active smart glass technology. Under these technology types, passive
smart glass responds to the external stimulus of heat and light, and
active smart glass responds to voltage acting as a stimulus. The
goods that are manufactured by the passive smart glass technology are
generally controlled by the inherent and natural properties; whereas,
the active smart glass technology products are dynamically controlled
by simple switch.
Global
Smart Glass Market to Witness High Commercialization in the
Forthcoming Years
It
is expected that the global smart glass market will witness high
degree of commercialization within the forthcoming five years. The
trend in commercialization will mainly pertain to factors like better
cost and working efficiency, multiplied and varied applications, and
integration of advanced material. The prominent growth driving
factors are low cost of maintenance, supportive government
legislations and regulations, and high degree of energy efficiency.
The
striking feature of smart glass is that it is highly energy
efficient. This is a major factor that is driving the governments of
several countries to encourage the extensive use of this glass
product. The maintenance cost of smart glass is low because it
possesses the inherent properties of auto dimming, and self cleaning.
Thus, the benefits of using smart glass products are way more than
the investments that are incurred on them.
Today,
the automotives and architecture sectors are the largest consumers of
smart glass products in the global smart glass market. These products
are also applied in industry verticals like that of solar power
generation, and electronics.
It
is also expected that the healthcare sector will start using smart
glass products in order to provide services to patients that are
healthy and cost effective.
Global
Smart Glass Market Led by North America and Europe
In
terms of manufacturing capacities, and consumption, Europe and the
North America are the largest contributors in the global smart glass
market. At present, the global smart glass market is led by North
America. And according to market forecasts, by the year 2020, Europe
will be a strong competitor for North America in the global smart
glass market.
The
demand for smart glass products in the European market will be higher
as compared to their demand in the North American market on account
of improved government building constructions standards. The demand
for smart glass products in the Rest of the World and the Asia
Pacific is primarily driven by rapid industrialization.
Some
of the prominent players operating in the global smart glass market
include SPD Control System Corporation, Asahi Glass Corporation,
Saint-Gobain S.A., Corning Incorporated, Smartglass International,
Hitachi Chemical Co. Ltd., Research Frontiers Incorporated, PPG
Industries Inc, View Inc., and Research Frontiers Incorporated.
Enquiry
Before Buying :-
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1026
Contact:
Transparency
Market Research
90
State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA
- Canada Toll Free 866-552-3453
Browse
Market Research Blogs:
0 comments:
Post a Comment