The global smart glass market attained a value of nearly USD 6.04 Billion in 2024. The smart glass market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 16.20% to reach USD 27.11 Billion by 2034.
Market Segmentation
Smart glass or switchable glass refers to a glass or glazing whose light-transmitting characteristics are altered when the strength, illumination, or heat is applied. This is also the case with smart windows or switchable windows. The glass switches usually from clear to translucent, and vice versa; from allowing light to block some (or all) wavelengths of light and vice versa.
On the basis of technology, the smart glass market can be divided into:
Electrochromic (EC)
Polymer Dispersed Liquid Crystal (PDLC)
Suspended Particles Devices (SPD)
Thermochromic
Photochromic
The smart glass market can be broadly categorised based on its applications into:
Construction
Transportation
Electronics
Power Generation
Looks into the regional markets of smart glass like:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Market Analysis
The rising product demand for improved aesthetics in residential as well as commercial buildings is projected to fuel the smart glass market growth in the forecast period. Architects are increasingly utilising smart technology in new buildings, which is anticipated to have a positive effect on the product demand in the field of architectural applications. Smart glass is slowly replacing its traditional equivalent in cars, aircraft, and trains, leading to substantial growth prospects for transport sector manufacturers. Due to the increased use in commercial buildings and the transport sector, the electrochromic smart glass segment is expected to witness the highest growth in the industry.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global smart glass market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
AGC Inc.
Compagnie de Saint-Gobain S.A.
Corning Incorporated
Gentex Corporation
Guardian Industries Holdings
Polytronix, Inc.
Others
The report gives an in-depth insight into the smart glass market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Table of Contents
1 Executive Summary
1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends 2.2 Key Verticals 2.3 Key Regions 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk 4.2 Business Climate
5 Global Smart Glass Market Analysis
5.1 Key Industry Highlights 5.2 Global Smart Glass Historical Market (2018-2024) 5.3 Global Smart Glass Market Forecast (2025-2034) 5.4 Global Smart Glass Market by Technology 5.4.1 Electrochromic (EC) 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Polymer Dispersed Liquid Crystal (PDLC) 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.4.3 Suspended Particles Devices (SPD) 5.4.3.1 Historical Trend (2018-2024) 5.4.3.2 Forecast Trend (2025-2034) 5.4.4 Thermochromic 5.4.4.1 Historical Trend (2018-2024) 5.4.4.2 Forecast Trend (2025-2034) 5.4.5 Photochromic 5.4.5.1 Historical Trend (2018-2024) 5.4.5.2 Forecast Trend (2025-2034) 5.5 Global Smart Glass Market by Application 5.5.1 Construction 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Transportation 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.5.3 Electronics 5.5.3.1 Historical Trend (2018-2024) 5.5.3.2 Forecast Trend (2025-2034) 5.5.4 Power Generation 5.5.4.1 Historical Trend (2018-2024) 5.5.4.2 Forecast Trend (2025-2034) 5.6 Global Smart Glass Market by Region 5.6.1 North America 5.6.1.1 Historical Trend (2018-2024) 5.6.1.2 Forecast Trend (2025-2034) 5.6.2 Europe 5.6.2.1 Historical Trend (2018-2024) 5.6.2.2 Forecast Trend (2025-2034) 5.6.3 Asia-Pacific 5.6.3.1 Historical Trend (2018-2024) 5.6.3.2 Forecast Trend (2025-2034) 5.6.4 Latin America 5.6.4.1 Historical Trend (2018-2024) 5.6.4.2 Forecast Trend (2025-2034) 5.6.5 Middle East and Africa 5.6.5.1 Historical Trend (2018-2024) 5.6.5.2 Forecast Trend (2025-2034)
6 North America Smart Glass Market Analysis
6.1 United States of America 6.1.1 Historical Trend (2018-2024) 6.1.2 Forecast Trend (2025-2034) 6.2 Canada 6.2.1 Historical Trend (2018-2024) 6.2.2 Forecast Trend (2025-2034)
10 Middle East and Africa Smart Glass Market Analysis
10.1 Saudi Arabia 10.1.1 Historical Trend (2018-2024) 10.1.2 Forecast Trend (2025-2034) 10.2 United Arab Emirates 10.2.1 Historical Trend (2018-2024) 10.2.2 Forecast Trend (2025-2034) 10.3 Nigeria 10.3.1 Historical Trend (2018-2024) 10.3.2 Forecast Trend (2025-2034) 10.4 South Africa 10.4.1 Historical Trend (2018-2024) 10.4.2 Forecast Trend (2025-2034) 10.5 Others
11 Market Dynamics
11.1 SWOT Analysis 11.1.1 Strengths 11.1.2 Weaknesses 11.1.3 Opportunities 11.1.4 Threats 11.2 Porter’s Five Forces Analysis 11.2.1 Supplier’s Power 11.2.2 Buyer’s Power 11.2.3 Threat of New Entrants 11.2.4 Degree of Rivalry 11.2.5 Threat of Substitutes 11.3 Key Indicators for Demand 11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection 12.2 Key Global Players 12.3 Key Regional Players 12.4 Key Player Strategies 12.5 Company Profiles 12.5.1 AGC Inc. 12.5.1.1 Company Overview 12.5.1.2 Product Portfolio 12.5.1.3 Demographic Reach and Achievements 12.5.1.4 Certifications 12.5.2 Compagnie de Saint-Gobain S.A. 12.5.2.1 Company Overview 12.5.2.2 Product Portfolio 12.5.2.3 Demographic Reach and Achievements 12.5.2.4 Certifications 12.5.3 Corning Incorporated 12.5.3.1 Company Overview 12.5.3.2 Product Portfolio 12.5.3.3 Demographic Reach and Achievements 12.5.3.4 Certifications 12.5.4 Gentex Corporation 12.5.4.1 Company Overview 12.5.4.2 Product Portfolio 12.5.4.3 Demographic Reach and Achievements 12.5.4.4 Certifications 12.5.5 Polytronix, Inc. 12.5.5.1 Company Overview 12.5.5.2 Product Portfolio 12.5.5.3 Demographic Reach and Achievements 12.5.5.4 Certifications 12.5.6 Guardian Industries Holdings 12.5.6.1 Company Overview 12.5.6.2 Product Portfolio 12.5.6.3 Demographic Reach and Achievements 12.5.6.4 Certifications 12.5.7 Others
Companies Mentioned
The key companies featured in this Smart Glass market report include:
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