The global market for smart glass should increase from $1.94 billion in 2014 to $6.3 billion by 2020 with a compound annual growth rate of 21.7 percent, according to a new report from Mordor Intelligence, an industry research firm. North America is the leader in this market, but other regions such as Europe and Asia Pacific are catching up.

Smart glass can change from being clear to translucent or even pellucid to opaque. It is primarily used to block light, heat and glare, and its main applications are to reduce energy consumption in buildings.

For more details about the report or to order a copy, click here.

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