#Dimmable Light Market forecast
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Global Dimmable Light Market 2024 Key Players, Analysis, Share, Trends And Forecast To 2034
The Dimmable Light market report offered by Reports Intellect is meant to serve as a helpful means to evaluate the market together with an exhaustive scrutiny and crystal-clear statistics linked to this market. The report consists of the drivers and restraints of the Dimmable Light Market accompanied by their impact on the demand over the forecast period. Additionally, the report includes the study of prospects available in the market on a global level.
With tables and figures helping evaluate the Global Dimmable Light market, this research offers key statistics on the state of the industry and is a beneficial source of guidance and direction for companies and entities interested in the market. This report comes along with an additional Excel data-sheet suite taking quantitative data from all numeric forecasts offered in the study.
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Key players offered in the market: Acuity Brands Everlight Electronics Cree GE Lighting Philips Lighting/Signify Eaton Seoul Semiconductor Osram Zumtobel Group Nichia Corporation
Additionally, it takes account of the prominent players of the Dimmable Light market with insights including market share, product specifications, key strategies, contact details, and company profiles. Similarly, the report involves the market computed CAGR of the market created on previous records regarding the market and existing market trends accompanied by future developments. It also divulges the future impact of enforcing regulations and policies on the expansion of the Dimmable Light Market.
Scope and Segmentation of the Dimmable Light Market
The estimates for all segments including type and application/end-user have been provided on a regional basis for the forecast period from 2024 to 2034. We have applied a mix of bottom-up and top-down methods for market estimation, analyzing the crucial regional markets, dynamics, and trends for numerous applications. Moreover, the fastest & slowest growing market segments are pointed out in the study to give out significant insights into each core element of the market.
Dimmable Light Market Type Coverage: - Bulb Spotlight Parlight Others
Dimmable Light Market Application Coverage: - Residential Commercial
Regional Analysis:
North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Countries (Middle East, Africa, GCC)
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The comprehensive report provides:
Complete assessment of all opportunities and threats in the global market.
Dimmable Light Market recent advancements and major events.
A thorough study of business policies for the growth of the Dimmable Light Market leading players.
Concluding study about the growth plot of Dimmable Light Market for upcoming years.
Detailed understanding of Dimmable Light Market particular drivers, restraints, and major micro markets.
Favorable impression inside vital technological and market latest trends hitting the Dimmable Light Market.
Reasons to Purchase Dimmable Light Market Research Report
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#Dimmable Light Market#Dimmable Light Market trends#Dimmable Light Market future#Dimmable Light Market size#Dimmable Light Market growth#Dimmable Light Market forecast#Dimmable Light Market analysis
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Smart Glass Market Revenue Trends and Growth Drivers - 2026
The global smart glass market size is expected to reach USD 8.2 billion by 2027, growing at a CAGR of 10.4% during the forecast period. Smart glass, also known as switchable glass, dimmable glass, or magic glass, can adjust the light transmission properties dynamically or statically, depending on the stimuli.
The stimuli altering the light transmission properties could be light, voltage, or heat. Smart glass does not require electricity to maintain its state of opacity or for a color change. The installation of smart glass helps reduce the energy spent on heating, ventilation, and air conditioning (HVAC) and lighting systems as well as improves the indoor environmental quality of buildings. The decreasing price of electrochromic prices, energy saving capacity of smart glass and use of smart glass in automobile application are significant drivers driving the growth of this smart glass industry.
Electrochromic technology to hold largest share of smart glass market during forecast period
The electrochromic technology held ~49% of the market in 2021—the largest share. The market share of this technology is attributed to the faster switching time of electrochromic glass from a clear to dark state and increasing investments in this technology.
The increased traction of electrochromic technology is primarily attributed to the benefits it offers in a sustainable building design. A majority of the top smart glass manufacturers are focusing on R&D to bring down the prices of smart glass without compromising on quality and thus achieve economies of scale.
The industry is witnessing a series of funding and investments, which are enabling manufacturers to produce at high volumes and achieve economies of scale. Smart glass using electrochromic and SPD technologies is expected to witness huge demand in the coming years since the degree of customization is high in these two technologies, and the cost of these technologies is expected to drastically decrease.
Architecture is projected to register highest CAGR during the Forecast period by application.
In modern times, the design and steps taken to make a building compliant with the green building norms have been prioritized in the construction industry.
The marketability of a residential or commercial facility considerably depends on comfort, aesthetics or interior design, and eco-friendliness. Smart glass offers the architecture application energy efficiency and improved aesthetics. The applications of smart glass in architecture include doors, partitions, windows, skylights, and elevators. Smart glass products have inherent properties that help in market growth.
The glare control property of smart glass eliminates unwanted glare from sunlight and can provide bright, clear, and customized lighting levels in the building. Smart glass is also used to adjust the heat levels in buildings. The self-cleaning property of smart glass offers users a superior experience at the low cost of maintenance.
Smart glass products also possess a UV-blocking property, which helps maintain a healthy ambiance in buildings. Thus, smart glass not only provides customized lighting and heating experiences but also maintains hygienic and healthy surroundings. The use of smart glass in various applications in architecture increases the aesthetic value of a building and significantly reduces the heating, cooling, and lighting costs. Thus, the overall market is expected to witness an upturn in the coming years.
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Europe is projected to register the largest market share of the smart glass market in 2027
Europe is expected to lead the overall market in the coming years. Technological advancements and a recovering economy act as driving factors during the growth period.
Rapidly increasing energy cost is likely to trigger the demand for energy-efficient products. The ability of smart glass to reduce the overall energy consumption of a building while offering attractive features such as on-demand privacy or glare-control is expected to multiply its applications in Europe.
The multipurpose quality of this glass makes it a popular building material for a variety of architectural applications. In extreme weather conditions prevalent in several areas of Europe, smart glass offers a suitable solution for maintaining the internal temperature of buildings or vehicles, thus saving the overall energy costs. Therefore, Europe is expected to be a key potential growth market for smart glass in the coming years.
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Global Contemporary Wall Lights Market Research Report 2026 | Martinelli Luce,Louis Poulsen
LP INFORMATION recently released a research report on the Contemporary Wall Lights analysis, which studies the Contemporary Wall Lights industry coverage, current market competitive status, and market outlook and forecast by 2026.
Global “Contemporary Wall Lights Market 2021-2026” Research Report categorizes the global Contemporary Wall Lights by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities and trends, investment strategy for your reference in analyzing the global Contemporary Wall Lights.
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https://www.lpinformationdata.com/reports/162785/contemporary-wall-lights
According to this latest study, the 2021 growth of Contemporary Wall Lights will have significant change from previous year. By the most conservative estimates of global Contemporary Wall Lights market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ XX million in 2020. Over the next five years the Contemporary Wall Lights market will register a XX% CAGR in terms of revenue, the global market size will reach US$ XX million by 2026.
This study specially analyses the impact of Covid-19 outbreak on the Contemporary Wall Lights, covering the supply chain analysis, impact assessment to the Contemporary Wall Lights market size growth rate in several scenarios, and the measures to be undertaken by Contemporary Wall Lights companies in response to the COVID-19 epidemic.
Top Manufactures in Global Contemporary Wall Lights Includes:
Martinelli Luce
Louis Poulsen
Vistosi
Zumtobel Lighting GmbH
Royal Botania
LIGMAN
Linea Light Group
Prandina
Terzani S.r.l.
a-emotional light
Buzzi & Buzzi
KOKET Love Happens
Rexa Design srl
Il Pezzo Mancante
Platek s.r.l.
IMPERIAL BATHROOMS
Market Segment by Type, covers:
Dimmable
Not Dimmable
Market Segment by Applications, can be divided into:
Indoor
Outdoor
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Browse the Full Research Report at:
https://www.lpinformationdata.com/reports/162785/contemporary-wall-lights
Related Information:
North America Contemporary Wall Lights Growth 2021-2026
United States Contemporary Wall Lights Growth 2021-2026
Asia-Pacific Contemporary Wall Lights Growth 2021-2026
Europe Contemporary Wall Lights Growth 2021-2026
EMEA Contemporary Wall Lights Growth 2021-2026
Global Contemporary Wall Lights Growth 2021-2026
China Contemporary Wall Lights Growth 2021-2026
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LP INFORMATION provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
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High-End Lighting Market Research: Growth Opportunities by Regions, Types, Applications & Forecast to 2025
8th July 2021 – The global High-End Lighting Market is estimated to touch US$ 24.32 billion by the completion of the year 2025. Growing demand for connected lighting arrangement has been a most important feature motivating the development of the market. Round about most important technical inventions in this specific market for example sensor-enabled, dimmable, color changing and connected lightings have donated mostly to the progress of the market. The worldwide market is expected to develop at a CAGR of 6.1% for the duration of the prediction.
The introduction of LEDs, in latest ages, has altered the market forces for high-end lighting that was, until that time, ruled by conservative lights for example incandescent bulbs, fluorescent lights and halogen bulbs. Governments through entirely most important nations have taken inventiveness for the acceptance of LEDs so as to save energy and decrease ecological contamination. This is additionally estimated to increase the progress of the market for high-end lighting. The High-End Lighting market on the source of Type of End User could span Domestic, Commercial, and Industrialized. The subdivision of domestic is most protuberant subdivision of type of end-user. It is responsible for more than 50% market stake; yet the subdivision of industrialized use is likely to develop at a high percentage, precisely in Asia Pacific, due to growing number of businesses and illumination principles in this market.
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The subdivision of “commercial lighting” is expected to develop at a CAGR of 6.4% above the period of prediction, due to the progression in the sectors of IT and retail marketing. The necessity of lighting in this subdivision is not the same. The domestic lighting needs a fashionable fitting and dissimilar lighting colors. However commercial subdivision necessitates additionally powerful and stylish or non-fashionable lights as per necessity.
The High-End Lighting market on the source of Type of Interior Design could span Transitional, Modern, and Traditional. Among these subdivisions, modern lighting is expected to achieve maximum stake of the market by the completion of 2025, due to growing demand for contemporary internal in domestic and commercial subdivision. The demand for traditional lighting is projected to decline above the period of prediction. This sort of lighting is a combination of recent light source by way of old-style fittings therefore they propose additional classic appearance by means of enhanced lighting. In 2016, The subdivision of transitional high-end lighting is responsible for more than 40% stake of the worldwide market.
The High-End Lighting market on the source of Type of Application could span Wireless, Wired. The subdivision of “Wired” creates considerably higher stake as related to wireless subdivision such as they are greatly expensive and need solid connectivity of network for its process. The scope of the market for this type was small by the year 2016. However, in the due course, the subdivision of “wireless” is heading for substantial progress due to the diffusion of high technology in emerging nations. The subdivision of Wireless lighting proposes definite benefits above their strengthened corresponding item; for example, they can be organized distantly, they take smartphone application controller backing and can be turn down/color altered as per customer necessities. The High-End Lighting market on the source of Type of Light Source could span Fluorescent lights, LED Lamps, HID Lamps, and Others.
The High-End Lighting industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America [U.S.A, Canada], Europe [Germany, U.K.], Latin America [Brazil, Mexico], Asia Pacific [India, Japan, China], and Middle East and Africa [South Africa].
By the source of geography, the Asia Pacific ruled the worldwide market, appreciated by US$ 6.01 billion in the year of 2016. The provincial development is mostly motivated by the existence of most important companies, obtainability of low-priced labor, improved substructure amenities for manufacturing, respectable financial condition, and invention of new-fangled Light Source. Growing demand for high-end lighting in industrialized nations essentially owing to superior substructure and advanced per head earnings is expected to motivate the general business. The area of Asia Pacific is expected to display speedy progress and is projected to observe a development percentage of 8.5% for the duration of prediction.
The statement revises Trades in terms of intake of High-End Lighting in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the High-End Lighting are Digital Lumens, Inc., General Electric Company, Philips Lighting Holding B.V, CREE, Inc. OSRAM Light AG. Digital Lumens, Inc., General Electric Company, and CREE, Inc. have ruled the worldwide high-end lighting market; responsible for more than58% stake of the entire income segment in the year 2016.
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Smart Glass Industry Analysis, Growth Overview And Segment Forecasts, 2014-2025
Industry Insights
The global Smart Glass Market size is likely to reach USD 9.98 billion by 2025. Smart glass is also known as magical glass or switchable glass. Smart glass changes its transmission properties when heat, light or voltage is applied. Smart glass is used in windows, doors, skylights, and partitions in residential and commercial buildings. Smart glass helps to reduce the cost of heating, lighting and air conditioning.
The market growth is associated with the capacity of the glass to transform light and adjust heat depending on the external environmental conditions. Building owners started displaying an inclination towards adopting this technology, after realizing the long term benefits attributed to energy efficiency.
The industry is achieving heights owing to the development of strict regulations with respect to efficiency of energy and large-scale urbanization in developing countries. Elevated investments in the construction of smart glass in connection with the creation of industrial-scale production capacity, has significantly added towards market growth. Expanding consolidations among technology provider and supplier are nourishing the progress of smart glass as per a wide range of application areas.
Factors like growing usage in marine, aviation and power generation are encouraging industry extension. Growing adoption of green initiatives such as eco-friendly and green buildings, non-electric technologies such as thermochromic, etc. are the factors that are driving the growth of the industry. In the replacement market, shifting demand towards active smart glass from passive smart glass design is adding stress to the acceptance of the products.
Due to the rising recognition of the advantages of smart glass over a plain glass in the body of automobiles and airplanes, there has been a growth in the adoption of smart glasses in the automobile and aircraft industries. In addition, development of creative solutions had led to the growth of smart windows in the architectural sector. Government support and initiatives are also adding to the industry demand.
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Technology Insights
On the basis of technology, the market is segmented into SPD (Suspended Particle Devices) Electrochromic, PDLC, and Thermochromic. SPD held a market share of around 40% in 2016. SPD is an electrochromic glass that can be tuned, manually or automatically to control the light, heat, and glare entering the premises. The growth of SPD glasses can be traced to its high electricity saving capabilities.
Electrochromic glass applies the electrochromism principle, which allows the materials to change the color or opacity when a burst of charge is applied. Electrochromics and SPD are used commonly in automotive and architecture applications. Thermochromic is used for power generation application.
Due to the increased attention on the use of ‘Green Energy,’ the North America and European regions are predicted to come up as the leading markets for liquid crystal (LC) smart glass. Besides, the high durability and quick light control capacity of liquid crystal smart glass is anticipated to increase the demand throughout the forecast period.
Application Insights
On the basis of application, smart glass market is segmented into Architectural, Transportation and Consumer Electronics. The Transportation segment dominated the market with a revenue share of 45% in 2016. It is anticipated to come up as the most advantageous segment due to the growing acceptance of this technology by premium and medium-sized car manufacturers. The enormous tuning and fast-switching features of smart glass facilitate to reduce unwanted glare and light thus allow user to appreciate the glare-free view. The heat-blocking features help in improving the fuel efficiency and reducing the carbon emissions in vehicles.
Also, automotive OEMs (original equipment manufacturer) are highlighting to lower both the CO2 emissions and energy consumption. To fulfill this, producers are creating solutions such as anti-heat glass and glazing solutions. The increasing penetration of luxury automobiles in the Asia Pacific region as well as increased income levels of the audience are the major drivers for the growth of the industry in automotive applications. Similarly, in the aerospace sector, several OEMs including The Boeing Company, Beechcraft Corporation, Airbus SAS, Bombardier Inc. and Embraer S.A. are transitioning towards electronically dimmable windows.
The construction sector is supposed to be promising sector due to its higher rate of growth with continuous investments in smart technology. In the Middle Eastern region, a majority of high towers and skyscrapers have integrated smart glass for exterior structure fabrication so as to enhance reduction of heat and light transmissions thus maintaining internal ambiance.
Regional Insights
North America dominated the smart glass market in 2016 with a share close to 35%. Favorable regulations and instructions have led to the growth of these products in the region, thus enabling overall saving of energy and reduction the maintenance costs which leads to a positive impact on the growth of the market.
The European Union territories and the U.S. governments are planning to regulate the adoption of smart glass-incorporated electronics equipment and have directed their transport departments toward the same. Furthermore, the existence of key participants and rising production of automotive are fueling the market growth.
The industry is expected to be directed by the acceptance of premium products, such as laminated glazing, and the legislation of energy conservation regulations to build in mature markets such s Europe and North America. In the case of developing markets, growing construction sector is anticipated to provide growth avenues.
Competitive Insights
The major participants in the industry include Saint-Gobain S.A., Asahi Glass Co., Ltd, DuPont, and Corning Incorporated. The industry is dominated by a few major players who provide niche solutions for end-use applications.
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#Smart Glass Market#Smart Glass Industry#Smart Glass Market Growth#Smart Glass Market Analysis#Smart Glass Market Size#Smart Glass Market Share#Smart Glass Market Report#Smart Glass Market Research#Smart Glass Industry Outlook#Smart Glass Industry Trends
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Dimmable Light Market Size, Share, Growth & Trend Analysis Report by 2021 - 2027
A recently added research report illustrating details on “Global Dimmable Light Market 2027” conveys key insights on specific market components such as competition intensity, regional development opportunities, vendor profiles and essential understanding of most potential growth triggers and vendor activities that harbinger growth in global Dimmable Light market. Crucial details on SWOT analysis, PESTEL analysis and Porter’s Five Forces scientific reviews have been pronounced with extraordinary detail in the report to encourage high investment returns by leading players in global Dimmable Light market. The report carries out a deep analytical study to distinguish and comprehend the capability of core factors that stimulate very good quality development.
Global Dimmable Light market research report includes reliable economic, international, and country-level forecasts and analysis to provide holistic view on Dimmable Light market. It also offers total analysis on competitive market and intensive analyses of the supply chain to make comprehend users about the changing market patterns. This will assist them to offer products and services to their customers according to the changing needs.
Detailed TOC along with also Charts & Tables of Dimmable Light Market Research Report accessible at: https://www.futuristicresearch.com/request-sample/FR100229
Key Players Mentioned at the Dimmable Light Market Report:
Acuity BrandsCreeEatonGE LightingPhilips Lighting/SignifyOsramNichia CorporationSeoul SemiconductorZumtobel GroupEverlight Electronics
Applications
Residential
Commercial
Types
Bulb
Spotlight
Parlight
Others
Dimmable Light Market: Regional analysis includes:
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
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How the report investment is a logical investment? Readers may well check into the comprehensive library of industry explicit, insightful market reports The report involves high value, accurate and segment specific insights Waiting spotlight on dominant patterns and market insider improvements are broadly discussed in the report The report has tremendous critical valuation to encourage consulting arrangements The report also incorporates a highly detailed market division to comprehend Dimmable Light Services for Wearable market performance across different segments.
The research study can answer the accompanying key inquiries: • What are the prominent factors driving the Dimmable Light Application Market across different regions? • What will be the progress rate of the Dimmable Light Application Market for the conjecture period 2021-2027? • Who are the major vendors dominating the Dimmable Light Application industry and what are their winning strategies? • What are the challenges faced by the Dimmable Light Application Market? • What will be the market scope for the assessed period? • What are the significant patterns shaping the expansion of the business in the coming years?
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Global Livestock Grow Lights Market - 2019-2026
Description:
The global livestock grow lights market valued USD 6.7 billion in 2018 and it is expected to grow at a CAGR of 6,9% to reach USD 8.8 billion by 2026. Source: Secondary Databases, Primary Interviews and Pan Global Research Analysis Market Overview Agricultural lighting has been a buzzword among the farming and growing communities in recent years. The surge in the adoption of indoor farming and protected animal rearing increased the need for artificial illumination in agricultural practices and the demand for livestock grow lights is witnessing significant growth across the globe. Livestock grow light is an artificial source of illumination installed in dairy farms, and other livestock growing areas to provide adequate illumination to livestock for their biological growth and development.
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Livestock grow lights are used in poultry farms, dairy farms, and other animal growing localities. Poultry houses and dairy farms across the globe are powered with incandescent lamps due to their low cost, easy dimmability, and ease of installation. However, LED lighting evolved as the effective lighting solution owing to its potential benefits such as reduced energy costs, waterproof and ability to resist to harsh environments. Market Dynamics The technological innovations such as development of low energy LED lights unmasked new avenues for the growth of illumination systems in animal growing farms. LED lights reduce the heating issues associated with its incandescent counterparts and proper installation of these LED lights does not create vision problems in animals.
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Global Livestock Grow Lights Market Key Segment
By Livestock
· cattle
· swine
· poultry
· others.
Global Livestock Grow Lights Market Geographical Analysis By region, the global livestock grow lights market is segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa. Asia Pacific livestock grow lights market is expected to grow at lucrative rate during the forecast period owing to large presence of commercial livestock farms and growing investments by the farmers in lighting systems for high profits. Increasing poultry farm expansions by the commercial producers across the region to meet the growing demand for meat and other by products are additionally contributing to the growth of livestock grow lights market in Asia Pacific.
Download Free PDF Global Livestock Grow Lights Market Brochure @- https://www.99-reports.com/request-brochure/livestock-grow-lights-market/18
Competitive Analysis
· Once Inc. iLOX Sunbird LED Agricultural Lightings
· AG Lighting Innovations
· OSRAM Licht AG
· Uni light LED AB
· HATO BV
· Shenzhen Hontech Wins
· CBM Lighting
· Fienhage Poultry Solutions
· SUNBIRD
· ENIM UAB
· Greengage Lighting
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High-End Lighting Market Analysis By Product, Distribution Channel, Region & Forecast Report, 2025
The Global High-End Lighting Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global High-End Lighting Market is estimated to touch US$ 24.32 billion by the completion of the year 2025. Growing demand for connected lighting arrangement has been a most important feature motivating the development of the market. Round about most important technical inventions in this specific market for example sensor-enabled, dimmable, color changing and connected lightings have donated mostly to the progress of the market.
Key Players:
Acuity Brands Lighting, Inc.
Cooper Lighting, LLC
CREE, Inc.
Digital Lumens, Inc.
General Electric Company
Honeywell International Inc.
Legrand S.A.
Lutron Electronics Co., Inc.
Philips Lighting Holding B.V.
Osram Licht AG
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Growth Drivers:
The worldwide market is expected to develop at a CAGR of 6.1% for the duration of the prediction. The introduction of LEDs, in latest ages, has altered the market forces for high-end lighting that was, until that time, ruled by conservative lights for example incandescent bulbs, fluorescent lights and halogen bulbs. Governments through entirely most important nations have taken inventiveness for the acceptance of LEDs so as to save energy and decrease ecological contamination. This is additionally estimated to increase the progress of the market for high-end lighting.
Light Source Type Outlook:
LED Lamps
HID Lamps
Fluorescent lights
Application Type Outlook:
Wired
Wireless
Interior Design Outlook:
Modern
Traditional
Transitional
End-User Outlook:
Commercial
Industrial
Residential
Regional Outlook:
The statement revises Trades in terms of intake of High-End Lighting in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By the source of geography, the Asia Pacific ruled the worldwide market, appreciated by US$ 6.01 billion in the year of 2016. The provincial development is mostly motivated by the existence of most important companies, obtainability of low-priced labor, improved substructure amenities for manufacturing, respectable financial condition, and invention of new-fangled Light Source. Growing demand for high-end lighting in industrialized nations essentially owing to superior substructure and advanced per head earnings is expected to motivate the general business. The area of Asia Pacific is expected to display speedy progress and is projected to observe a development percentage of 8.5% for the duration of prediction.
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Smart Glass Market Growth eport During 2014-2025 by Top players – Key Players : Saint-Gobain S.A., Asahi Glass Co.
Industry Insights
The global Smart Glass Market size is likely to reach USD 9.98 billion by 2025. Smart glass is also known as magical glass or switchable glass. Smart glass changes its transmission properties when heat, light or voltage is applied. Smart glass is used in windows, doors, skylights, and partitions in residential and commercial buildings. Smart glass helps to reduce the cost of heating, lighting and air conditioning.
The market growth is associated with the capacity of the glass to transform light and adjust heat depending on the external environmental conditions. Building owners started displaying an inclination towards adopting this technology, after realizing the long term benefits attributed to energy efficiency.
The industry is achieving heights owing to the development of strict regulations with respect to efficiency of energy and large-scale urbanization in developing countries. Elevated investments in the construction of smart glass in connection with the creation of industrial-scale production capacity, has significantly added towards market growth. Expanding consolidations among technology provider and supplier are nourishing the progress of smart glass as per a wide range of application areas.
Factors like growing usage in marine, aviation and power generation are encouraging industry extension. Growing adoption of green initiatives such as eco-friendly and green buildings, non-electric technologies such as thermochromic, etc. are the factors that are driving the growth of the industry. In the replacement market, shifting demand towards active smart glass from passive smart glass design is adding stress to the acceptance of the products.
Due to the rising recognition of the advantages of smart glass over a plain glass in the body of automobiles and airplanes, there has been a growth in the adoption of smart glasses in the automobile and aircraft industries. In addition, development of creative solutions had led to the growth of smart windows in the architectural sector. Government support and initiatives are also adding to the industry demand.
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Technology Insights
On the basis of technology, the market is segmented into SPD (Suspended Particle Devices) Electrochromic, PDLC, and Thermochromic. SPD held a market share of around 40% in 2016. SPD is an electrochromic glass that can be tuned, manually or automatically to control the light, heat, and glare entering the premises. The growth of SPD glasses can be traced to its high electricity saving capabilities.
Electrochromic glass applies the electrochromism principle, which allows the materials to change the color or opacity when a burst of charge is applied. Electrochromics and SPD are used commonly in automotive and architecture applications. Thermochromic is used for power generation application.
Due to the increased attention on the use of ‘Green Energy,' the North America and European regions are predicted to come up as the leading markets for liquid crystal (LC) smart glass. Besides, the high durability and quick light control capacity of liquid crystal smart glass is anticipated to increase the demand throughout the forecast period.
Application Insights
On the basis of application, smart glass market is segmented into Architectural, Transportation and Consumer Electronics. The Transportation segment dominated the market with a revenue share of 45% in 2016. It is anticipated to come up as the most advantageous segment due to the growing acceptance of this technology by premium and medium-sized car manufacturers. The enormous tuning and fast-switching features of smart glass facilitate to reduce unwanted glare and light thus allow user to appreciate the glare-free view. The heat-blocking features help in improving the fuel efficiency and reducing the carbon emissions in vehicles.
Also, automotive OEMs (original equipment manufacturer) are highlighting to lower both the CO2 emissions and energy consumption. To fulfill this, producers are creating solutions such as anti-heat glass and glazing solutions. The increasing penetration of luxury automobiles in the Asia Pacific region as well as increased income levels of the audience are the major drivers for the growth of the industry in automotive applications. Similarly, in the aerospace sector, several OEMs including The Boeing Company, Beechcraft Corporation, Airbus SAS, Bombardier Inc. and Embraer S.A. are transitioning towards electronically dimmable windows.
The construction sector is supposed to be promising sector due to its higher rate of growth with continuous investments in smart technology. In the Middle Eastern region, a majority of high towers and skyscrapers have integrated smart glass for exterior structure fabrication so as to enhance reduction of heat and light transmissions thus maintaining internal ambiance.
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Regional Insights
North America dominated the smart glass market in 2016 with a share close to 35%. Favorable regulations and instructions have led to the growth of these products in the region, thus enabling overall saving of energy and reduction the maintenance costs which leads to a positive impact on the growth of the market.
The European Union territories and the U.S. governments are planning to regulate the adoption of smart glass-incorporated electronics equipment and have directed their transport departments toward the same. Furthermore, the existence of key participants and rising production of automotive are fueling the market growth.
The industry is expected to be directed by the acceptance of premium products, such as laminated glazing, and the legislation of energy conservation regulations to build in mature markets such s Europe and North America. In the case of developing markets, growing construction sector is anticipated to provide growth avenues.
Competitive Insights
The major participants in the industry include Saint-Gobain S.A., Asahi Glass Co., Ltd, DuPont, and Corning Incorporated. The industry is dominated by a few major players who provide niche solutions for end-use applications.
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Smart Glass Market Growth Drivers, Size, Industry Revenue, Business Forecast to 2026
The global smart glass market size is anticipated to reach USD 15.02 billion by 2026, owing to the rise in the use of smart glass for different applications such as aerospace, marine, architectural, and automotive. Smart glass or switchable glass is glazing or a glass with altered transmission properties as and when heat, light, or voltage is applied. They are capable of changing their appearance from opaque to translucent to transparent as per the needs of the user and help to maintain factors such as natural daylight, sound, temperature, and solar head absorbed by buildings. Smart glass is utilized mainly in commercial buildings where it is essential to control the operative environment.
List of Significant Manufacturers in Smart Glass Market are;
BSG Glass
Gauzy Ltd and Entities
Central Glass Co., Ltd.
SCHOTT AG
NSG Group
Essex Safety Glass
Scienstry, Inc.
Asahi India Glass Ltd.
Research Frontiers
Asahi Glass Co., Ltd.
Glass Apps
SPD Control Systems Corporation
Pleotint LLC
Smartglass International Limited
Polytronix, Inc.
Corning
GENTEX CORPORATION
View
Saint-Gobain
Other Players
More information on the market is provided in a recently published report by Fortune Business Insights™ titled, “Smart Glass Market Size, Share & Industry Analysis, By Technology (Polymer Dispersed Liquid Crystal (PDLC) Glass, Suspended Particle Device (SPD) Glass, Electrochromic (EC) Glass, Photochromic Glass, and Thermochromic Glass), By Application (Architectural, Automotive & Transportation, Consumer Electronics, Power Generation, and Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 3.97 billion in 2018 and is anticipated to rise exponentially at a CAGR of 18.2% within the forecast period 2019 to 2026.
Browse More Information: https://www.fortunebusinessinsights.com/smart-glass-market-102569
Highlights of the Report
The report offers a comprehensive overview of the market and its prime growth trajectories including growth restraints, drivers, challenges and upcoming opportunities. The report discusses the market segmentation based on factors such as technology, application, and geographies. It also discloses the names of the leading segments and their market figures. Besides this, the report throws light on major industry developments, current smart glass market trends, and other interesting insights into the market. Significant players operating in the market are listed in the report with the major strategies adopted by them to gain a competitive edge in the market. The report is available for sale on the company website.
Market Drivers
Increasing Demand from Healthcare Industry will Drive Market
Major factors responsible for the smart glass market growth includes the rising demand from architectural, transportation, and automotive applications. Additionally, the rise in environmental concerns, coupled with the rising number of smart and green buildings and are propelling the need for electrochromic windows in residential, commercial, as well as industrial buildings, thereby boosting the market.
However, high cost of material, installations, and electricity costs and functional features such as speed control, transparency degree, and dimming possibilities may pose a major challenge to the market. Nevertheless, a lead analyst at Fortune Business Insights say, “the healthcare industry uses smart glass for maintaining privacy and this reduced the use of curtains and blinds in operating rooms. Therefore, the increasing demand from healthcare industry will aid in expansion of the market in the forecast period.”
Competitive Landscape
Key Players to Make Massive Investments in R &D
Significant smart glass market manufacturers such as Hitachi Chemicals and Gauzy are investing into world-class research and development for the production and engineering of electronically dimmable windows. They have invested about 200 million and more for providing the most comfortable, safe, and functioning glass for passenger airplanes to avoid glares and heat into the cabin. Other players are entering into collaborations such as mergers and acquisitions, contracts and agreements, and others so as to attract significant smart glass market revenue in the coming years
Regional Segmentation
Europe Dominating Market with Germany as the Leading Nation
Geographically, North America generate a revenue of USD 1.31 billion in 2018 but Europe held the largest smart glass market share with Germany. This is owing to the increasing demand from the automotive and transportation sector, coupled with increasing utilization in architectural applications. In North America, the U.S. is the largest contributor of the market attributed to the increasing number of end-use industries namely consumer electronics, and healthcare.
On the other side, the market in Asia Pacific will witness steady growth with China leading the region, on account of the booming construction and automotive industries. Besides this, growing urbanization and rapid urbanization in developing nations such as India and China are anticipated to increase the need for smart glasses for various institutes, hospitals, commercial and residential buildings.
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Light Control Switches Market Players to Reset their Production Strategies Post 2020 in an Effort to Compensate for Heavy Loss Incurred Due to COVID-19 Outbreak
Light Control Switches: Introduction
A light control switch is a smart network-based lighting control solution that combines communication between two or more system inputs and outputs related to lighting controls. Light control switches need one or more central devices to control the operation of the network.
Light control switches are made by using wireless controls, electronic sensors, and electronics timers. Light control switches help in saving and reducing the power consumption of various industries and households. It is used for evolving automatic processes and advancement in technologies. Light control switches are used to regulate energy consumption in residential, commercial, and industrial spaces to avoid unwanted utilization of energy.
For example, it provides lighting in a hallway, large room, or stairwell to be controlled from multiple locations. Light control switches are also found in flashlights, lights, fans, vehicles, and other devices that can be controlled with hand-held, infrared, wireless remotes.
Rising Demand for Energy-saving Lighting Systems and Government Efforts to Conserve Energy Boosting the Market
Lighting consumes a significant portion of energy across the world, due to its significant use. LED lighting was introduced with the evolution of technologies, which offers a higher level of energy efficiency than traditional lamps. Governments worldwide are encouraging the use of LED lights in residential, commercial, and industrial premises. In addition, governments of countries across regions, especially Europe, North America, and Asia Pacific, are phasing out conventional light sources with energy-efficient LED lights.
Furthermore, in view of energy saving, various lighting companies, including Lutron Electronics Company and Cree, Inc., have introduced light control switches. These lights help organizations and households across the globe in conserving energy and protecting the environment.
Government efforts to save a large amount of energy requires prominent use of LED lights that are dimmable, as well as light control switches. This factor is projected to have a high impact on the global light control switches market during the forecast period.
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Some Major Players with Recent Developments in the Global Market
In 2018, Deako launched a new modular smart lighting system for home builders. Home builders are increasingly seeking smart technology pre-installed in their homes. Home builders have only been able to offer smart lighting in one or two locations in the home due to cost restrictions.
In 2017, Schneider Electric launched Smart Touch, a touch switch that ensures comfort and convenience. It is a soft switching with a single & feather touch operation, remote control operation with IR technology, and no mechanical wear & tear.
Regional Light Control Switches Market
In terms of region, the global light control switches market can be split into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market in North America is expected to be conducive during the forecast period, owing to strong presence of key market players, technological advancements, and regulations promoting the adoption of LEDs in the region, especially in developed economies such as the U.S., Canada, and Mexico.
Business performance of the light control switches market in Europe is expected to be favorable, as governments and regulatory bodies in the region are encouraging the usage of LED lights with dimmable and color tunable light control switches.
The light control switches market in Asia Pacific is also expected to be conducive during the forecast period, due to strong presence of key market players, technological advancements, and regulations supporting the adoption of LEDs in the region, especially in economies such as China, India, Japan, Australia, and South Korea.
Key Players in the Global Market
The global light control switches market was highly fragmented in 2018. Prominent players operating in the global market are focusing on technological developments and expansions to meet the growing demand for light control switches. Moreover, manufacturers are signing partnerships for the development of innovative products and gain higher profit margins.
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Key players operating in the global light control switches market include:
Legrand S.A.
Leviton Manufacturing Co., Inc.
Lutron Electronics Co., Inc.
Hubbell Lighting, Inc.
Cooper Industries, Inc.
Osram GmbH
Koninklijke Philips N.V.
Acuity Brands Lighting, Inc.
Honeywell International Inc
Schneider Electric SE
Daintree Networks, Inc.
Global Light Control Switches Market: Research ScopeGlobal Light Control Switches Market, by Product
Switches
Dimmers
Global Light Control Switches Market, by Type of Solution
Standalone Light Control Solutions
Integrated Light Control Solutions
Global Light Control Switches Market, by Application
Indoor
Outdoor
Global Light Control Switches Market, by Region
U.S.
Canada
Germany
France
U.K.
Italy
Spain
Russia & CIS
Rest of Europe
China
Japan
India
ASEAN
Rest of Asia Pacific
Brazil
Mexico
Rest of South America
GCC
South Africa
Rest of Middle East & Africa
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Hybrid Operating Room Market: Global Industry Growth, Market Size, Market Share and Forecast 2020-2027
According to the recent report published by Research Corridor, the Global Hybrid Operating Room Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Hybrid Operating Room market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
The report titled "Hybrid Operating Room Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Hybrid Operating Room industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Hybrid Operating Room market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Hybrid Operating Room Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Hybrid Operating Room Market Segmentation:
By Device type, 2018–2027 ($ Million)
Mobile Operating Tables
Stationary Operating Tables
Dimmable Lights
LED Lightings
Halogens
Surgical Imaging Displays
Intraoperative Diagnostic Devices
MRI (Magnetic Resonance Imaging)
Computer Tomography
Computer Assisted Robotic Surgery
C-Arm X-Ray
Infra-Red Imaging Systems
Audio Visual
Operating Room Integration System
By Application, 2018–2027 ($ Million)
Cardiovascular
Neurosurgery
Thoracic Surgery
Biopsy
Orthopedic Surgeries
Laparoscopic Surgeries
Emergency Care
Other Surgeries
By End user, 2018–2027 ($ Million)
Hospitals
Clinics
Medical Research Institute
Ambulatory Surgical Centers
By Geography, 2018-2027 ($ Million)
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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List of Key companies:
Barco Nv
Cook Medical
Eschmann Equipment
GE Healthcare
Johnson & Johnson
Karl Storz Gmbh & Co. KG
Maquet Getinge Group
Mediflex
Mizuho OSI
NDS Surgical Imaging, LLC
Philips Healthcare
Siemens Healthcare GMBH
Sisco Ltd
Sklar
Skytron, LLC
Sontec Instruments
Steris Corporation
Stryker Corporation
Toshiba Medical Systems
Trumpf Gmbh + Co. KG
Key Questions Answered by Hybrid Operating Room Market Report
Product popularity and adoption based on various country-level dynamics
Regional presence and product development for leading market participants
Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
number of employees and market concentration, among others
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About Us: Research Corridor is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies. Our expert’s team of analysts’ provides enterprises with strategic insights. Research Corridor works to help enterprises grow through strategic insights and actionable solutions. Feel free to contact us for any report customization at [email protected] .
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#Hybrid Operating Room Market Size#Hybrid Operating Room Market Share#Hybrid Operating Room Market Forecast
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The global smart glass market size is expected to reach USD 8.2 billion by 2027, growing at a CAGR of 10.4% during the forecast period. Smart glass, also known as switchable glass, dimmable glass, or magic glass, can adjust the light transmission properties dynamically or statically, depending on the stimuli.
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Global and Technologies for Smart Glass Markets Key Geographies, Key Players and Target Audience forecast year 2020
A new market study, titled “ Global Markets and Technologies for Smart Glass“been featured on WiseGuyReports.
October 17, 2020
Summary
The term smart glass is a popular term which refers to a group of chromogenic materials that change or alter their light transmission properties when voltage, heat or light is applied. This is known as “electric frosting” and can be done via a wall switch, light sensors, movement sensors or a remote control. Generally, the glass changes from translucent to transparent, blocking few or all wavelengths of light to let light pass through.
Typically, smart glass is an entire glass sheet which is manufactured exactly for this purpose, but some manufacturers offer cheaper alternative of pasting electronically-controlled laminates into existing surfaces. Such laminates have a lower lifespan and are not recommended for commercial applications. There are numerous different terms used for smart glass such as switch glass, switchable glass, smart windows, switchable windows, intelligent glass, liquid crystal glass, dynamic glass, LCD glass, PDLC glass, electronic glass, dimmable glass, clear to opaque glass, electric glass and self-tinting windows according to the end-user industry.
The origin of smart glass was somewhere around 1704 when the first electrochromic material was discovered, but interest in smart glass technology has experienced significant growth only during the past 40 years. In the beginning of the 1970s, the number of research activities resulting in patent applications and issued patents related to smart glass increased rapidly, leading to the development of improved fabrication processes, advanced properties and an increased number of applications spanning many industrial sectors.
In this report, the term smart glass refers to active chromogenic materials (ACVs). Passive chromogenic materials (PCVs) such as thermochromic and photochromic materials are also included under the smart glass definition. Smart glass has current and potential use across diverse industry sectors, including construction, transportation, aerospace, electronics, optoelectronics, consumer products, optics, energy, sensors and healthcare. This study provides an updated, comprehensive description of smart glass types and fabrication methods, and details current and emerging end-user industries for these materials. As shown in the Summary Table, the global market for smart glass-based products was
$REDCATED billion in 2016 and it is estimated to be valued at $REDCATED billion in 2017.
The global smart glass market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years. The market has continued to expand and new technological developments and industry changes have also taken place. Increased use in the transportation and aerospace sector and general improving global economic conditions are the main drivers for this expansion, which corresponds to a CAGR of REDCATED% during the period from 2017 through 2022. Thetransportation and aerospace sectors are projected to generate revenues of $REDCATED billion in 2022,accounting for REDCATED% of the total market in the same year. Sales of smart glass for this
sector aregenerated primarily by their utilization in automotive rearview mirrors.
The construction sector represents another sizeable share of the market (13.0% of the total) with total estimated 2016 revenues of $REDCATED million, whereas the electronics and optoelectronics represent amuch smaller combined market share of REDC ATED%.Report Scope
ALSO READ http://heraldkeeper.com/news/smart-glass-market-2020-global-trend-segmentation-and-opportunities-forecast-2024-512444.html
The scope of the report covers an overview and clear understanding of the global market scenario of smart glass and an analysis of global market trends, with market data for 2016 considered the base year, 2017 the estimate year and a forecast for 2022 with a projection of Compound Annual Growth Rate (CAGR) during 2017 to 2022. Market data in value and volume is provided at global and regional level for all major technologies and end-user industries of smart glass.
The report covers discussion of technological, regulatory and economic trends that are affecting the smart glass market. The report has a review of smart glass technology, including materials and fabrication processes and identifies the current and emerging end-user industries for this technology. It also explains the major drivers, restraints, opportunities, challenges and regional dynamics of the global smart glass market, current trends within the industry and presents the growth forecasts for the next five years. The market is further segmented and forecasted for major countries such as the U.S., Canada, Germany, Spain, U.K., China, India and others.
The different technologies of smart glass considered in the report includes electrochromic, photochromic, thermochromic, suspended particle, micro-blind and polymer dispersed liquid crystal devices. The report further includes discussion of end-user industries such as transportation and aerospace, construction, electronics and optoelectronics, and other end-user industries.
The report concludes with a special focus on the competitive landscape which includes the key strategies adopted by the manufacturers and detailed profiles of major manufacturers, along with their key events, latest process developments and market shares in the global smart glass market.
Report includes
- 45 data table and 54 additional tables
- Coverage of industrial evolution and milestones in the history of smart glass
- An overview of technology, including materials and fabrication processes, and identification of the current and emerging end-user industries
- Discussion of the technological, regulatory, and economic trends that are affecting the smart glass market
- Comprehensive company profiles of major Players in the Market including Armor Usa, Asahi Glass Co., Ltd., Iglass Technology Inc., Kinestral Technologies Inc., Murakami Corp., Saint-Gobain, Smart Glass Systems Inc.ACREO/PAPERDISPLAY
ARMOR USA
ASAHI GLASS CO., LTD
Clayton Glass Ltd
Consolidated Armor Products
DMDISPLAY
DREAM GLASS GROUP
Econtrol Glass Gmbh & Co. Kg
FICOSA INTERNATIONAL
GEMALTO
Gentex Corporation
Glass Apps Llc
Guardian Industries Llc
HITACHI CHEMICAL CO., LTD
Iglass Technology Inc
Innovative Glass Corp
Isoclima Spa
Kinestral Technologies Inc
LICON TECHNOLOGIES
Lti Smart Glass Inc
MAGNA INTERNATIONAL
Murakami Corp
NIPPON SHEET GLASS
Pleotint Llc
Polytronix Inc
PRO DISPLAY
Pulp Studio Inc
Ravenwindow
RESEARCH FRONTIERS
SAINT-GOBAIN
Scienstry Inc
Smart Glass Systems Inc
Smartglass International Limited
Spd Control Systems
View Inc
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Smart Glass Market Overview, Challenges and Growth Opportunities Analysis till 2025
11th January 2021 – The global Smart Glass Market size is likely to reach USD 9.98 billion by 2025. Smart glass is also known as magical glass or switchable glass. Smart glass changes its transmission properties when heat, light or voltage is applied. Smart glass is used in windows, doors, skylights, and partitions in residential and commercial buildings. Smart glass helps to reduce the cost of heating, lighting and air conditioning. The market growth is associated with the capacity of the glass to transform light and adjust heat depending on the external environmental conditions. Building owners started displaying an inclination towards adopting this technology, after realizing the long term benefits attributed to energy efficiency.
The industry is achieving heights owing to the development of strict regulations with respect to efficiency of energy and large-scale urbanization in developing countries. Elevated investments in the construction of smart glass in connection with the creation of industrial-scale production capacity, has significantly added towards market growth. Expanding consolidations among technology provider and supplier are nourishing the progress of smart glass as per a wide range of application areas. Factors like growing usage in marine, aviation and power generation are encouraging industry extension. Growing adoption of green initiatives such as eco-friendly and green buildings, non-electric technologies such as thermochromic, etc. are the factors that are driving the growth of the industry. In the replacement market, shifting demand towards active smart glass from passive smart glass design is adding stress to the acceptance of the products.
Due to the rising recognition of the advantages of smart glass over a plain glass in the body of automobiles and airplanes, there has been a growth in the adoption of smart glasses in the automobile and aircraft industries. In addition, development of creative solutions had led to the growth of smart windows in the architectural sector. Government support and initiatives are also adding to the industry demand.
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On the basis of technology, the market is segmented into SPD (Suspended Particle Devices) Electrochromic, PDLC, and Thermochromic. SPD held a market share of around 40% in 2016. SPD is an electrochromic glass that can be tuned, manually or automatically to control the light, heat, and glare entering the premises. The growth of SPD glasses can be traced to its high electricity saving capabilities. Electrochromic glass applies the electrochromism principle, which allows the materials to change the color or opacity when a burst of charge is applied. Electrochromics and SPD are used commonly in automotive and architecture applications. Thermochromic is used for power generation application. Due to the increased attention on the use of ‘Green Energy,' the North America and European regions are predicted to come up as the leading markets for liquid crystal (LC) smart glass. Besides, the high durability and quick light control capacity of liquid crystal smart glass is anticipated to increase the demand throughout the forecast period.
On the basis of application, smart glass market is segmented into Architectural, Transportation and Consumer Electronics. The Transportation segment dominated the market with a revenue share of 45% in 2016. It is anticipated to come up as the most advantageous segment due to the growing acceptance of this technology by premium and medium-sized car manufacturers. The enormous tuning and fast-switching features of smart glass facilitate to reduce unwanted glare and light thus allow user to appreciate the glare-free view. The heat-blocking features help in improving the fuel efficiency and reducing the carbon emissions in vehicles.
Also, automotive OEMs (original equipment manufacturer) are highlighting to lower both the CO2 emissions and energy consumption. To fulfill this, producers are creating solutions such as anti-heat glass and glazing solutions. The increasing penetration of luxury automobiles in the Asia Pacific region as well as increased income levels of the audience are the major drivers for the growth of the industry in automotive applications. Similarly, in the aerospace sector, several OEMs including The Boeing Company, Beechcraft Corporation, Airbus SAS, Bombardier Inc. and Embraer S.A. are transitioning towards electronically dimmable windows. The construction sector is supposed to be promising sector due to its higher rate of growth with continuous investments in smart technology. In the Middle Eastern region, a majority of high towers and skyscrapers have integrated smart glass for exterior structure fabrication so as to enhance reduction of heat and light transmissions thus maintaining internal ambiance.
North America dominated the smart glass market in 2016 with a share close to 35%. Favorable regulations and instructions have led to the growth of these products in the region, thus enabling overall saving of energy and reduction the maintenance costs which leads to a positive impact on the growth of the market. The European Union territories and the U.S. governments are planning to regulate the adoption of smart glass-incorporated electronics equipment and have directed their transport departments toward the same. Furthermore, the existence of key participants and rising production of automotive are fueling the market growth. The industry is expected to be directed by the acceptance of premium products, such as laminated glazing, and the legislation of energy conservation regulations to build in mature markets such as Europe and North America. In the case of developing markets, growing construction sector is anticipated to provide growth avenues. The major participants in the industry include Saint-Gobain S.A., Asahi Glass Co., Ltd, DuPont, and Corning Incorporated. The industry is dominated by a few major players who provide niche solutions for end-use applications.
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LED Agricultural Grow Lights Market 2027 Industry Trend and Demands Research Report By Industry Expert
LED Agricultural Grow Lights Market: Introduction
Growing demand for urban farming has led to increased usage of LED agricultural grow lights. The grow lights are an artificial light source used to stimulate the growth of plants for indoor cultivation. The tree types of grow lights available in the market include fluorescent grow lights, LED grow lights, and high-pressure sodium grow lights. LED grow lights are more energy efficient than the other two types. These grow lights are also known as plant lights. Growth of vertical and indoor farming is expected to fuel the LED agricultural grow lights market across the globe.
Growth in Agricultural Industry Expected to Fuel the Global LED Agricultural Grow Lights Market
Light emitting diode bulbs are energy saving alternatives to other light sources. These days, people are increasingly inclined toward vertical and indoor farming where the use of LED agricultural grow lights is growing considerably. Growth of urban farming is expected to lead to increased usage of LED grow lights. People are currently more focused on technology driven objects. Growing demand for fresh and nutritious vegetables has fueled the indoor farming sector which is expected to boost the LED agricultural grow lights market. The market is likely to expand significantly due to major growth of the agricultural industry.
Rising Usage in the Poultry Sector to Drive the LED Agricultural Grow Lights Market
Lights plays a major role in production in poultry farming. Poultry farmers use the LED lights for better growth of the chicken. Chicken raised using LED grow lights are found to produce higher quality and quantity of eggs. Though LED grow lights are costlier, they offer better performance than other grow lights. Many urban farmers are seeking energy efficient lights for farming. This is likely to fuel the LED agricultural grow lights market globally.
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Asia Pacific to Lead the Global LED Agricultural Grow Lights Market
In terms of region, the global LED agricultural grow lights market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
Europe includes country-level analysis for U.K., Germany, France, and Rest of Europe. North America includes Canada, U.S., and Rest of North America. The South America LED agricultural grow lights market is segmented into Brazil, and Rest of South America. Analysis and forecast of the LED agricultural grow lights market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the LED agricultural grow lights market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
The market in Asia Pacific is likely to witness the maximum demand for LED agricultural grow lights from 2019 to 2027 followed by North America.
Leading manufacturers of LED agricultural grow lights have extensive distribution networks along with deep product penetration. Manufacturers are focusing on innovation in their product portfolio and manufacturing agricultural grow lights which can be used for longer duration with more innovations.
Key Manufacturers Operating in the Market
The global LED agricultural grow lights market is highly fragmented. Key manufacturers operating in the global market are:
General Electric Company
Signify Holding
Illumitex Inc
Agrilight BV
Lumileds Holding B.V
LumiGrow Inc.
Fluence By OSRAM
Heliospectra AB
Gavita International B.V.
Hawthorne Gardening Company
Valoya
Global LED Agricultural Grow Lights Market: Research ScopeGlobal LED Agricultural Grow Lights Market, by Type
Dimmable
Non – dimmable
Global LED Agricultural Grow Lights Market, by Power
Less than 250 watt
250 – 500 watt
More than 500 watt
Global LED Agricultural Grow Lights Market, by Distribution Channel
Online
Offline
Global LED Agricultural Grow Lights Market, by Application
Commercial Greenhouse
Indoor and Vertical Farming
Research Laboratories
Others (Turf & Landscaping, Aquaculture, etc.)
Global LED Agricultural Grow Lights Market, by Region
U.S.
Canada
Rest of North America
U.K.
Germany
France
Rest of Europe
China
India
Japan
Rest of Asia Pacific
GCC
South Africa
Rest of Middle East & Africa
Brazil
Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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