Active Smart Glasses Technology Set to Rise in Next Four Years
A Business Wire press release issued on August 8, 2016, states that a study by Technavio reveals that the global smart glasses market is set to grow at a compound annual growth rate of close to 20% during the period 2016-2020. The report, entitled “Global Smart Glass Market 2016-2020,” can be read here. It provides a detailed analysis of the revenues and emerging trends associated with the market and also includes up-to-date analysis and forecasts for various market segments across geographic regions.
Industry growth has been driven by growth in industries such as aviation and marine, as well as by the shift in demand from passive to active smart glasses innovations.
The article covers the difference between active and passive smart glasses. Active smart glasses react to an electrical stimulus to initiate change. Passive smart glasses react to heat and UV light sources to initiate change. With active smart glasses, the change in the light transmission can be user controlled. The report categorizes the global smart glasses market into three major segments and looks at their use cases in transportation, infrastructure development, electronics, construction and solar energy applications.