A new BCC Research report provides new insights into current smart glass technology, outlines technological trends and offers an updated market analysis.
It identifies current and emerging applications for smart glass, with a focus on the technical and commercial aspects related to the utilization of smart glass in various industry segments.
It provides an extensive U.S. patent analysis, with a summary of patents related to smart glass materials, fabrication processes and applications.
The global market for smart glass-based products increased from nearly $1.8 billion in 2013 to $1.9 billion in 2014. This market is estimated to total nearly $2.1 billion in 2015 and $3.3 billion by 2020, with a compound annual growth rate (CAGR) of 9.4% from 2015 to 2020.
Sales of smart glass products used in construction are expected to increase from $141.7 million in 2015 to $199.8 million in 2020, a CAGR of 7.1% from 2015 to 2020.
Smart glass is characterized by its ability to change opacity and/or color when a voltage is applied. This unique behavior has been exploited in numerous applications, ranging from residential and commercial construction and architectural projects to interior design, as well as museum artwork expositions, high-end appliances, advanced displays, automotive mirrors and privacy glass. In 2011, the market for smart glass based products was valued at approximately $1.5 billion. At less than 5% of the primary flat glass market, smart glass still represents a relatively small segment of the total glass industry, but as the electronic content of many related business sectors increases, so does interest in this technology. Global economic conditions have continued to improve since 2012 when BBC released its last report on this industy, smart glass fabrication processes have evolved and several new applications have been developed.
The report applies to industry segments such as construction, transportation, aerospace, electronics, energy and consumer products.
It provides an updated review of smart glass technology, including materials and fabrication processes, and identifies current and emerging applications for this technology.
The report is available from http://www.reportlinker.com/p0870800-summary/view-report.html