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Smart Glass Market: Demand for Energy Saving and Solar Panels Helps Market Rise at 14.50% CAGR, predicts TMR

The global smart glass market has been expected by Transparency Market Research (TMR) to exhibit a consolidated arrangement of competitive landscape with a handful of companies providing niche offerings for end-use applications. In 2015, Guardian Industries, DuPont, Saint-Gobain, and Asahi Glass Co., Ltd. had accounted for a strong 40.0% share in the global smart glass market. In the coming years, the competition could aggravate due to an elevating count of companies looking to make a mark in the global smart glass market with strategic alliances, acquisitions, and mergers. Global smart glass market players have also been anticipated to follow the widespread business strategy of vertical integration and technology licensing. Partnership and collaboration could be another strategy where players have been predicted to be interested in associating with insulating glass unit (IGU) manufacturers, chemical and material science firms, and flat glass producers. Obtain Report Details @...

Smart Glass Market: Rising Prominence of Solar Energy for Long-run Energy Security Reflects Positively on Market Growth By 2024

With a few top players driving the   global smart glass market , the market features a consolidated competitive landscape, says a new report by Transparency Market Research (TMR). The top players, namely ASAHI GLASS, DuPont, Saint-Gobain, and Guardian Industries held a share of 40% in the global market in 2015. However, the degree of competition is expected to rise as players focus on strengthening their position with strategic alliances and mergers and acquisitions.  TMR estimates that the global smart glass market is expected to display a CAGR of 14.50% between 2016 and 2024. As a result, the market’s valuation will reach US$7.04 bn by 2024 increasing from US$2.10 bn in 2015.  North America to Lead among all Regional Segments   In terms of end user, architecture, transportation, consumer electronics, and solar power generation are the segments of this market. Of these, transportation displays the leading demand for smart glass and the scenario is expected...

Smart Glass Market: Increasing Prominence of Renewable Sources of Energy to Reflect Positively on Market’s Growth, says TMR

With a few leading players, namely, ASAHI GLASS, Saint-Gobain, DuPont, and Guardian Industries, driving the entire market, the global market for   smart glass   demonstrates a consolidated structure, finds a report by Transparency Market Research (TMR). These players, collectively, held a share of 40% in this market in 2015. With participants increasingly involving into mergers, acquisitions, and strategic alliances, the competition within the market is expected to intensify over the forthcoming years, state the report. As per TMR’s estimations, the opportunity in the global market for smart glass is likely to rise at a CAGR of 14.50% over the period from 2016 to 2024, increasing from US$2.10 bn in 2015 to US$7.04 bn by the end of the period of the forecast. The demand for smart glass is higher in the transportation sector compared to other end users. The scenario is anticipated to remain the same throughout the forecast period, thanks to the expanding application base...