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Smart Glass Market 2021 Regional Trend | Growth Projections to 2027

Global Smart Glass Market size was valued at USD 3.66 billion in 2020 and will showcase a growth rate of around 10.1% CAGR from the period of 2021 to 2027

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Smart Glass Market 2021 Regional Trend | Growth Projections to 2027

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  1. Smart Glass Market to at over 10.1% CAGR from 2021 to 2027: Global Market Insights, Inc. Global Market Insights Inc.

  2. Overview of Smart Glass Market • The global smart glass industry is undergoing significant growth owing to the rising awareness about energy losses through the residential & commercial infrastructure, along with proliferating luxury automotive sales. • Leading smart glass manufacturers operating on a global scale include Asahi Glass, Saint-Gobain, NSG Group, View Inc, Smartglass International, Merck KGaA, RavenWindow, Gauzy, Polytronix, Pleotint LLC, Research Frontiers, and others. These market players have adopted innovation as a key business strategy for achieving organizational and economic growth. • Research Frontiers, for example, is the inventor of SPD-SmartGlass technology used in automotives. They recently launched the most popular applications of their technology in cars at CES. Manufacturers across the globe are partnering in the hopes of expanding their smart glass applications. Global Market Insights Inc.

  3. Continue… • Take the example of Continental, an automotive manufacturing company based in Germany, that recently began the construction of new factory for incorporating smart glass controls on the vehicles they produce. • Owing to rising environment concerns, architects across the globe are adopting smart technologies to reduce energy consumption and improve the comfort of buildings. Smart glass windows are an ideal option towards this change, with their automatic light control feature. • The windows can control the lighting of the room either manually or in response to external temperature and lighting conditions, which helps saving energy consumption. For instance, View’s Dynamic Glass adopts a model-based control system which automatically adjusts tint levels. Global Market Insights Inc.

  4. Continue… • Using information from light sensors, based on the building’s design, location, layout, time of day, orientation, and the outside weather conditions, the smart glass solutions adjust light levels to optimum levels, helping save energy bills. • Smart glass, also called the intelligent or switchable glass is presently only produced for luxury cars. However, with its benefits ranging from privacy to safety to entertainment, it will soon be common in the general automotive market. • Using switchable films made from SPD, smart glass blocks over 99% of outside light, while keeping transparency levels to an adequate amount for the driver. Other than that, smart glass can also project certain things onto a windshield, such as warnings, fuel levels, and speed, thus allowing drivers to keep their eyes more focused on the road. Global Market Insights Inc.

  5. Continue… • Reputed manufacturers around the globe, primarily in North America and Japan have made headway on including smart glass features in their vehicles. Renowned automaker Mercedes-Benz has manufactured 5 models with Smart Glass. Some of the company’s most affordable model comes with adjustable light-blocking glass. The adoption of this budding technology in Mercedes cars is the next step in introducing smart glass to the general market. • Over the past decade, smart glass technology has penetrated the commercial building landscape, to provide more stylish and functional design solutions in hotels, hospitals, malls, etc. Hospitals are a new segment increasingly utilizing the benefits of switchable glass technology. • In a project at St. Mary’s Paddington Hospital in London, smart glass was used as an innovative interior solution to improve patient privacy and eliminate the threat of in-house infections. The switchable smart glass partitions act as an ideal balance between stylish design, excellent hygiene standards, and patient privacy. Global Market Insights Inc.

  6. Browse Full Research Report On Smart Glass Market@ https://bit.ly/3biuVXd Request for a sample of this research report @ https://bit.ly/3oHG7Qf Global Market Insights Inc.

  7. Stay In Touch Website: www.gminsights.com Social Media: Global Market Insights Inc.

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