The global smart glass and smart window market size is expected to grow at a CAGR of 15% by 2030
Smart glass is a new type of special photoelectric glass product with a sandwich structure that combines the TFT liquid crystal film into the middle of two layers of glass, and is integrated by high temperature and high-pressure glue. The user controls the transparent and opaque state of the glass by controlling whether the current is on or off. The glass itself not only has all the characteristics of safety glass, but also has the privacy protection function to control whether the glass is transparent or not. Due to the characteristics of the liquid crystal film interlayer, the smart switchable glass can also be used as a projection screen, replacing ordinary curtains, and presenting high-definition pictures on the glass image.
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Smart glass and smart windows are glass-based products that change the transmission properties of light when voltage, light or heat is applied. In smart windows, glass typically transitions from translucent to transparent by blocking many wavelengths of light. Widely used in the automotive, aerospace, marine, commercial and residential construction industries.
The growth of the global smart glass and smart windows market is expected to be driven by factors such as increasing demand for smart glass products from the automotive and aerospace industries, decreasing spending on air conditioning, heating, and lighting, and stringent government regulations.
However, the high cost of smart glass and smart window products is a major restraint for the market. Declining prices of electrochromic materials, adoption of new technologies, and advancements in smart glass functionality are expected to drive the growth of the smart glass and smart windows market over the forecast period.
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The global smart glass and smart windows market size was valued at USD 5.14 billion in 2020 and is expected to reach USD 19.62 billion by 2030, growing at a CAGR of 15% from 2021 to 2030. P.S. The article comes from China Glass Network(www.glass.com.cn)
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Smart glass and smart windows are glass-based products that change the transmission properties of light when voltage, light or heat is applied. In smart windows, glass typically transitions from translucent to transparent by blocking many wavelengths of light. Widely used in the automotive, aerospace, marine, commercial and residential construction industries.
The growth of the global smart glass and smart windows market is expected to be driven by factors such as increasing demand for smart glass products from the automotive and aerospace industries, decreasing spending on air conditioning, heating, and lighting, and stringent government regulations.
However, the high cost of smart glass and smart window products is a major restraint for the market. Declining prices of electrochromic materials, adoption of new technologies, and advancements in smart glass functionality are expected to drive the growth of the smart glass and smart windows market over the forecast period.
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The global smart glass and smart windows market size was valued at USD 5.14 billion in 2020 and is expected to reach USD 19.62 billion by 2030, growing at a CAGR of 15% from 2021 to 2030. P.S. The article comes from China Glass Network(www.glass.com.cn)