FARMINGTON, Conn. May 22, 2012 /PRNewswire-iReach/
Global Markets and Technologies for Smart Glass
While the origins of smart glass can be traced back as far as 1704 to when the first electrochromic material was discovered, true interest in smart glass technology only picked up significant momentum in the early 1970s, when the number of research activities resulting in patent applications and issued patents increased rapidly. This led to the development of improved fabrication processes, advanced properties and an increased number of applications spanning many industrial sectors.
Today, smart glass represents a billion-dollar industry, with the transportation and aerospace sector accounting for over 91% of the global market in 2011.
The market for smart glass experienced a slowdown in growth as a result of the global economic downturn in 2008 and 2009. Since then, global economic conditions have gradually improved, and smart glass fabrication technologies have continued to evolve. Several new applications have been developed, whereas others are ready to exit the development stage and enter commercialization.
Global Markets and Technologies for Smart Glass – Focus on Construction
$69.8 million $79.7 million $129.5 million
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