Global Smart Glass Market to Reach $8.6 Billion by 2030
The global market for Smart Glass estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$8.6 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Electrochromic, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$7.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Liquid Crystal segment is readjusted to a revised 3.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 4.7% CAGR
The Smart Glass market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 52 Featured) -
- Active Glass Technologies
- Asahi Glass Company Ltd.
- Asahi India Glass Ltd. (AIS)
- Clayton Glass Ltd.
- Corning, Inc.
- Essex Safety Glass Ltd.
- Flat Glass Industries Ltd.
- Gentex Corporation
- Glass Apps, LLC
- Guardian Industries
- Intelligent Glass
- InvisiShade, LLC
- Nippon Sheet Glass Co., Ltd.
- RavenWindow
- Research Frontiers Inc.
- SAGE Electrochromics, Inc.
- Schott Corporation
- Smartglass International Limited
- Vario Glass, Inc.
- View, Inc.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Smart Glass: Creating Intelligent Windows and Enabling Need Driven Multi-Functional Spaces
- Recent Market Activity
- Strong Growth Predicted for Smart Glass over the Next Few Years
- Growth Drivers in a Nutshell
- Key Growth Restraints
- Super Windows for Energy Efficiency
- Developed Markets Dominate, while Developing Markets Drive Growth
- China: The Fastest Growing Smart Glass Market Worldwide
- Transportation: The Largest and the Fastest Growing Application Sector
- Electrochromic Glass Adoption Growing Globally
- Smart Glass - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
- Active Glass Technologies PLC (UK)
- Asahi Glass Company Ltd. (Japan)
- Asahi India Glass Ltd. (AIS) (India)
- Clayton Glass Ltd. (UK)
- Corning, Inc. (USA)
- Essex Safety Glass Ltd. (UK)
- Flat Glass Industries Ltd. (Australia)
- Gentex Corporation (USA)
- Glass Apps, LLC (USA)
- Guardian Industries (USA)
- Hitachi Chemical Group (Japan)
- Intelligent Glass (UK)
- InvisiShade, LLC (USA)
- Nippon Sheet Glass Co., Ltd. (Japan)
- Pleotint, LLC (USA)
- RavenWindow (USA)
- Research Frontiers Incorporated (USA)
- Saint-Gobain SA (France)
- SAGE Electrochromics, Inc. (USA)
- Schott Corporation (USA)
- Scienstry, Inc. (USA)
- Smart Glass Country (Canada)
- SmartGlass International Limited (Ireland)
- Vario Glass, Inc. (Canada)
- View, Inc. (USA)
3. MARKET TRENDS & DRIVERS
- Myriad Benefits Offered by Smart Glass Windows Drive Widespread Adoption in Architectural Applications
- List of Exterior, Interior, and Projection Applications of Smart Glass in the Architectural Sector
- Smart Windows Offers Several Benefits to Building Owners
- Novel Smart Window Technology for the Building Retrofit Segment
- Towards Sustainable Building Materials and Building Methods
- Positive Outlook for the Global Construction Offers Growth Opportunities
- Focus on Energy Efficiency, Better Fuel Economy, and Improved Vehicle Designs Drive Robust Demand in the Automotive Industry
- Self-Cleaning and Self-Repairing Applications Gain Momentum
- Smart Glass to Provide Social Networking and Entertainment Features in Vehicles
- Smart Mirrors Dominate Smart Glass Applications in Automobiles
- Electrochromic Technology Dominates Smart Mirrors Application
- Self-Tinting in Automobiles: SPD-Based Smart Glass Rules the Market
- Niche Active Smart Window Technologies Offers Untapped Market Potential
- Lightweight Smart Glass: First-Choice Materials in Connected Cars
- Recovering Global Automobiles Production: An Important Opportunity Indicator
- Growing Concerns with Regard to Energy Loss Drive Demand for Switchable Smart Glass in Varied Applications
- Switchable Privacy Glass Panels
- Boardrooms and Conference Rooms
- Residential Front Doors
- Operating Theaters and Hospital Wards
- Prisons and Detention Rooms
- Retail Displays
- Financial Institutions
- Use of Privacy Glass Walls in Commercial and Residential Spaces Gain Momentum
- Designs for Living Room
- Bedroom Design
- Bathroom Design
- Restaurant and Bar Design
- Contemporary Office Designs
- Growing Trend towards Green/LEED Buildings Offer Lucrative Market Growth Opportunities
- Spiraling Electricity Usage and Resulting Energy Costs Spur Demand for Automatic Tinting Windows in the Building Sector
- Tinted Smart Glass Technology Revolutionizes Interior Design & Decor
- Customization of Designs to Suit Brand Color
- Experimenting with Patterns
- Complementing Existing Color Schemes
- Creating Roofs that Enrich Sky’s Natural Color
- Customization of Color of Floor Glasses
- Customizing Colors to Complement Prevailing Weather
- Color Tints Options in Privacy Smart Glass
- Superior Attributes of Active Smart Glass Promote Higher Growth than Passive Types
- Comparison of Active Smart Glass Technologies
- Aesthetics: The Fundamental Factor behind the Huge Popularity of Smart Windows
- Electrochromics and SPD: Leading Smart Glass Technologies
- PDLC Active Smart Glass Penetration Marred by Limited Capabilities
- Development of PDLC Technology
- Active smart glasses respond to electrical stimulus
- LCDs are today omnipresent
- Self-Adhesive-Switchable PDLC Film and Laminated-Switchable PDLC Glass
- Smart Windows in Aircrafts Enable Efficient Management of Light and Glare
- Smart Glass Solutions to Revolutionize the Air Travel Experience
- Smart Glass for Smart Yachts
- Smart Glass to Witness Large-Scale Adoption in the Electronics Sector
- Rising Popularity of Multiple Entertainment Displays Drive Smart Glass Demand in High-Performance Immersion Wall
- Growing Applications of Smart Glass in the Healthcare Sector Lends Traction to Market Growth
- Application of Smart Glass in Solar Panels to Open up New Growth Avenues
- Rising Investments in Infrastructure Projects Strengthens Market Prospects
- Key Factors Hampering Widespread Adoption of Smart Glass
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Smart Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Smart Glass by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Electrochromic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Electrochromic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Recent Past, Current & Future Analysis for Architectural by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 10: World 8-Year Perspective for Architectural by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 12: World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Liquid Crystal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World 8-Year Perspective for Liquid Crystal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 15: World Recent Past, Current & Future Analysis for Photochromic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 16: World 8-Year Perspective for Photochromic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 17: World Smart Glass Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 18: USA Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: USA 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 20: USA Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
CANADA
- Table 22: Canada Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: Canada 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 24: Canada Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Canada 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
JAPAN
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 26: Japan Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Japan 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 28: Japan Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Japan 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
CHINA
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 30: China Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: China 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 32: China Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: China 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
EUROPE
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 34: Europe Recent Past, Current & Future Analysis for Smart Glass by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 35: Europe 8-Year Perspective for Smart Glass by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 36: Europe Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: Europe 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 38: Europe Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: Europe 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
FRANCE
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 40: France Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 41: France 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 42: France Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 43: France 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
GERMANY
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 44: Germany Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Germany 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 46: Germany Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Germany 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
ITALY
- Table 48: Italy Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Italy 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 50: Italy Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Italy 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
UNITED KINGDOM
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 52: UK Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: UK 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 54: UK Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: UK 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
REST OF EUROPE
- Table 56: Rest of Europe Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Rest of Europe 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 58: Rest of Europe Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Rest of Europe 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
ASIA-PACIFIC
- Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: Asia-Pacific 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
REST OF WORLD
- Table 64: Rest of World Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Rest of World 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030
- Table 66: Rest of World Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: Rest of World 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Active Glass Technologies
- Asahi Glass Company Ltd.
- Asahi India Glass Ltd. (AIS)
- Clayton Glass Ltd.
- Corning, Inc.
- Essex Safety Glass Ltd.
- Flat Glass Industries Ltd.
- Gentex Corporation
- Glass Apps, LLC
- Guardian Industries
- Intelligent Glass
- InvisiShade, LLC
- Nippon Sheet Glass Co., Ltd.
- RavenWindow
- Research Frontiers Inc.
- SAGE Electrochromics, Inc.
- Schott Corporation
- Smartglass International Limited
- Vario Glass, Inc.
- View, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 198 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 5 Billion |
Forecasted Market Value ( USD | $ 7.2 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |