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Market Research Forecasts the Smart Glass Technology Market at $4.2 Billion by 2016(June 05, 2012)
ROCKVILLE, MD -- (Marketwire) -- 06/05/12 -- MarketResearch.com has announced the addition of the new report "Global Markets and Technologies for Smart Glass," to their collection of Glass & Ceramics market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Technologies-Smart-Glass-6948484/
The global market for smart glass-based products increased from $883.1 million in 2009 to $1.2 billion in 2010, and was valued at nearly $1.6 billion in 2011. The market is forecast to grow at a compound annual growth rate (CAGR) of 21.6% from 2011 to 2016, reaching global revenues of nearly $4.2 billion in 2016.
The transportation and aerospace sector accounted for 91.4% of the market in 2011 with revenues of $1.4 billion. This segment is estimated to expand at a CAGR of 22.1% during the next five years and reach a value of $3.9 billion by 2016.
The construction sector accounted for 7.2% of the market in 2011 with revenues of $113.3 million. This segment is forecast to grow at a CAGR of 14.6% during the next five years and reach $224.3 million by 2016.
For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Technologies-Smart-Glass-6948484/
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit http://www.marketresearch.com.
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