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Prominence of eco friendly buildings encourages the growth of smart glasses market

IT Market Research

Augmented reality glasses show real time information on a person’s field of vision with the help of AR techniques. It can support internet connectivity and run applications.

According to MarketIntelReports' “Global Smart Glasses Market 2018-2022”: 

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Manufacturers have started showing an inclination towards building smart view glasses after realizing its benefits associated with energy efficiency. The Smart Glasses Market is growing due to the rise of strict implementations.

Growing investments in the manufacture of smart vision glasses has led to the spurt in the market growth. The aircraft and automotive industries have started adopting smart glasses due to awareness about advantage of switchable glass over the plain glass. 

Scope & Regional Forecast of the Smart Glasses Market

North America had a major share in the Smart Glasses Market in 2016 due to favorable regulations and mandates. European Union territories are looking forward to the adoption of the augmented reality technology Presence of the main players in the region aids the growth of the smart glass pads during the forecast period.

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The transport application segment is likely to have the highest growth due to the adoption of most advanced glasses by the car manufacturers. The fast switching features of a smart glass by reducing unwanted light enables users to have a glare free view.

The heat blocking feature in the technology will reduce the Carbon emissions in vehicles and improve the fuel efficiency. 

The construction sector has a high growth rate with investments in smart glass applications. High towers and sky scrapers in Middle East have made use of smart glasses in exterior structure fabrication to reduce heat and light transmission.

Segmentations & Key Players Involved in the Smart Glasses Market

The Smart Glasses Market can be broken down into various segments as follows:

  • Region- Americas, APAC, and EMEA.

Some of the key players involved in the Smart Glasses Market are as follows:

  • Epson
  • ODG
  • Optinvent
  • Vuzix 

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