Product ID: SQMIG25K2070
Report ID:
SQMIG25K2070 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
66 |
Figures:
75
Europe holds the largest share of the global smart glass market. The growing interest of architects and designers in renovating and adapting existing infrastructure is responsible for the growing demand for products in this sector. The expansion of the car industry in the region, where switchable glass is used for high-end features such as sunroofs and anti-glare side mirrors, also contributes to demand.
In North America, the adoption of smart glasses has increased due to the improved performance of end-use industries such as construction and automotive. The need for these glasses is fueled by the growing need for energy-efficient buildings in the region, driven by government restrictions.
Due to the region's expanding automotive and construction industries, Asia Pacific will witness significant growth in demand during the forecast period. Demand for residential and commercial buildings, hospitals, and a tourist attraction in the region is expected to be supported by rapid industrialization in China, India, and South Korea. These factors are expected to provide lucrative growth prospects for market players.
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REQUEST FREE CUSTOMIZATIONSmart Glass Market size was valued at USD 5.13 billion in 2019 and is poised to grow from USD 5.84 billion in 2023 to USD 12.76 billion by 2031, growing at a CAGR of 10.3% in the forecast period (2024-2031).
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Product ID: SQMIG25K2070