Impact of COVID 19 on Smart Glass Market:Key Findings, Regional Analysis

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The global smart glass market has been prognosticated in a report by Transparency Market Research (TMR) to bear a consolidated characteristic for its vendor landscape owing to the presence of a handful of companies operating therein. Some of the leading players of the market are Guardian Industries, DuPont, Saint-Gobain, and Asahi Glass Co. In the recent past, these players had showcased their dominance in the market by securing a handsome share. As predicted in the report, the competition in the market could escalate during the course of the forecast tenure as participants engage in strategic alliances, mergers, and acquisitions.

TMR has foretold the global smart glass market to expand at a 14.50% CAGR between 2016 and 2024 to reach to a US$7.04 bn growth by the completion of the forecast tenure. By end user, the market could honor the transportation industry as a leading segment owing to its larger share. On the basis of region, North America has been foreseen to account for a staggering share in the coming years.