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Nov 21, 2023

Smart Glass Market size to grow by USD 65.75 million from 2022 to 2027; Growth driven by the implementation of automation in the industrial sector

News provided by 30 May, 2023, 21:45 ET Share this article NEW YORK, May 30,

News provided by

30 May, 2023, 21:45 ET

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NEW YORK, May 30, 2023 /PRNewswire/ -- The smart glass market size is set to grow by USD 65.75 million from 2022 to 2027 progressing at a CAGR of 13.35% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The implementation of automation in the industrial sector is notably driving the smart glass market growth, although factors such as technical limitations and unattractive design may impede the market growth. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!

The report on the smart glass market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Smart Glass Market 2023-2027 - Market Dynamics

Market Drivers

Market Trends

Market Challenges

Smart Glass Market 2023-2027: Market Segmentation

The smart glass market is segmented by product (developer and commercial), OS (android, windows, and others), end-user (enterprise and individual), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

The market share growth of the developer segment will be significant during the forecast period. The developer segment was valued at USD 28.44 million in 2017 and continued to grow until 2021. By geography, North America is projected to contribute 61% by 2027. One of the major reasons for the dominance of North America in the AR smart glasses market is that the region has always been at the forefront of the adoption of new technologies.

Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027) View Sample Report

The smart glass market covers the following areas:

Smart Glass Market SizingSmart Glass Market ForecastSmart Glass Market Analysis

Companies Mentioned

agc.com- The company offers B2C e commerce services such as BENGOO G9000 Stereo Gaming Headset for PS4 PC Xbox One PS5 Controller and other headsets.

atheerair.com- The company offers B2C e commerce services such as Beauty products namely Revlon Salon One Step Volumizer and Hair Dryer Brush in Black or Pink.

elbitsystems.com- The company offers B2C e commerce services such as Laptop and Macbooks.

Related Reports:

AR VR Smart Glasses Market- The augmented reality (AR) and virtual reality (VR) smart glasses market is estimated to grow at a CAGR of 13.8% between 2022 and 2027.

Glass Lens Market - The glass lens market is estimated to grow at a CAGR of 3.43% between 2022 and 2027. The size of the market is forecast to increase by USD 8,175.42 million.

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Smart Glass Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 18.24%

Market growth 2023-2027

USD 8.72 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

17.32

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 33%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., AGC Inc., BASF SE, Cardinal Glass Industries Inc., Carlex Glass America LLC, ChromoGenics AB, Compagnie de Saint Gobain SA, Corning Inc., e Chromic Technologies Inc., Eastman Chemical Co., Gentex Corp., Heliotrope Technologies, ICE AV Technology, Invisishade LLC, Krea Ltd., LTI Smart Glass Inc., Nippon Sheet Glass Co. Ltd., PPG Industries Inc., Xinology Co. Ltd., and Innovative Glass Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

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