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Smart Glass - Company Evaluation Report, 2025

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    Report

  • 106 Pages
  • June 2025
  • Region: Global
  • Markets and Markets
  • ID: 6097321
The Smart Glass Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Smart Glass. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. Over 100 companies were evaluated, of which the top 28 Smart Glass companies were categorized and recognized as the quadrant leaders.

Smart glass, also referred to as switchable or dynamic glass, is a cutting-edge glazing technology capable of altering its light transmission properties in response to external stimuli such as electric current, heat, or light. This functionality allows the glass to transition between transparent, translucent, or opaque states, enabling enhanced control over privacy, lighting, and temperature. Smart glass is widely utilized in applications including energy-efficient buildings, automotive glazing, and digital displays. Key technologies that drive smart glass functionality include electrochromic, photochromic, thermochromic, suspended particle devices (SPD), and liquid crystal systems.

Its energy-saving potential and user-adjustable features position smart glass as a pivotal component in contemporary architectural and technological advancements. The smart glass market is witnessing robust growth, fueled by the rising need for energy-efficient solutions in sustainable construction and green buildings, bolstered by strict environmental standards.

Technologies such as electrochromic and SPD smart glass are gaining momentum for their dynamic capabilities in regulating light and heat. Within the automotive sector, smart glass is increasingly being used in sunroofs, windows, and mirrors to elevate comfort and design aesthetics. Additionally, integration into smart home environments for automated privacy and lighting functions is accelerating adoption. With growing applications in consumer electronics, declining production costs, and continuous R&D innovation, the smart glass market is expanding across diverse industries.

The 360 Quadrant maps the Smart Glass companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Smart Glass quadrant. The top criteria for product footprint evaluation included By TYPE (Tinted, Coated, Hybrid), By CONTROL SYSTEM (Switch-Based, Remote Monitoring, Mobile-Based, Voice-Based, Building Automation System, Other Control Systems), By MECHANISM (Active, Passive), By TECHNOLOGY (Electrochromic, Suspended Particle Display (SPD), Liquid Crystal (LC), Photochromic, Thermochromic, Micro-Blinds, Other Technologies), and By END USE (Architecture, Transportation, Power Generation Plants, Other End Uses).

Key Players

Key players in the Smart Glass market include major global corporations and specialized innovators such as SAINT-GOBAIN, AGC INC., GENTEX CORPORATION, CORNING INCORPORATED, NIPPON SHEET GLASS CO., LTD, VIEW INC., GAUZY LTD AND ENTITIES, XINYI GLASS HOLDINGS LIMITED, RESEARCH FRONTIERS, DIAMOND SWITCHABLE GLASS LTD, PLEOTINT LLC, TAIWAN GLASS IND. CORP., FUYAO GROUP, CENTRAL GLASS CO., LTD., CHROMOGENICS, RAVENWINDOW, POLYTRONIX, INC., PGW AUTO GLASS, LLC, AGP GROUP, SPD CONTROL SYSTEMS CORPORATION, SCIENSTRY, INC., INNOVATIVE GLASS CORP., HALIO, INC., MIRU SMART TECHNOLOGIES, MERCK KGAA, HUICHI INDUSTRIAL DEVELOPMENT CO.,LTD, PRO DISPLAY, and SKYLINE DESIGN. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top Three Companies Analysis

Saint-Gobain

Saint-Gobain is a major contender in light and sustainable construction, offering a wide range of products, including smart glass under the Sage Glass brand. The company emphasizes sustainable solutions and operates across various regions, including the Americas, Europe, and Asia. With its extensive product portfolio and research capabilities, Saint-Gobain maintains a competitive market share by leveraging its geographic reach and continuous innovation.

AGC Inc.

AGC Inc. stands out as a leader in the smart glass sector, focusing on architectural and automotive glass segments. The company is known for its high-tech glass for advanced mobility and its strategic focus on environmental solutions. AGC Inc. benefits from a strong presence in Asia and globally, emphasizing innovation to meet market demands and strengthen its market positioning.

Gentex Corporation

Gentex Corporation, primarily servicing the automotive industry, has built its market position on partnerships and advanced technology integration. It leverages a strong North American presence to manufacture and innovate in smart glass technology, contributing significantly to its growing market share. Gentex’s strategy includes expanding its product portfolio and strengthening partnerships to enhance its industry standing.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Inclusions and Exclusions
1.3 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Use of Smart Glass in Modern Luxury Cars
3.2.1.2 Integration of Electrochromic Materials into Smart Glasses
3.2.1.3 Rising Need to Balance Energy Supply and Demand
3.2.1.4 Emphasis on Promoting Low-Carbon Economy
3.2.1.5 Growing Demand in Construction and Real Estate Sectors
3.2.2 Restraints
3.2.2.1 High Initial Investments and Upfront Costs for Implementing Smart Glasses
3.2.2.2 Operational and Functional Challenges Related to Smart Glass Technology
3.2.2.3 Complex Manufacturing Processes Associated with Smart Glass
3.2.3 Opportunities
3.2.3.1 Growing Trend of Minimalist Designs
3.2.3.2 Increasing Demand for Alternative Power Sources due to Rising Energy Costs
3.2.3.3 Rising Emphasis on Developing and Commercializing Smart Glass Technologies
3.2.3.4 Increasing Demand for Sustainable Buildings
3.2.3.5 Growing Demand for Energy-Efficient Products
3.2.4 Challenges
3.2.4.1 Lack of Awareness About Long-Term Benefits of Smart Glass Technology
3.2.4.2 Compliance with Building Codes and Regulations
3.3 Value Chain Analysis
3.4 Ecosystem Analysis
3.5 Trends/Disruptions Impacting Customer Business
3.6 Technology Analysis
3.6.1 Key Technologies
3.6.1.1 Electrochromic
3.6.2 Complementary Technologies
3.6.2.1 IoT and Smart Home Systems
3.6.3 Adjacent Technologies
3.6.3.1 Photovoltaics
3.7 Porter's Five Forces Analysis
3.7.1 Intensity of Competitive Rivalry
3.7.2 Bargaining Power of Suppliers
3.7.3 Bargaining Power of Buyers
3.7.4 Threat of Substitutes
3.7.5 Threat of New Entrants
3.8 Patent Analysis
3.9 Impact of AI on Smart Glass Market
3.9.1 Introduction
4 Competitive Landscape
4.1 Overview
4.2 Key Player Strategies/Right to Win, 2021-2024
4.3 Revenue Analysis, 2019-2023
4.4 Market Share Analysis, 2O24
4.5 Company Valuation and Financial Metrics, 2024
4.6 Coverage Area/Response Time Comparison
4.7 Company Evaluation Matrix: Key Players, 2024
4.7.1 Stars
4.7.2 Emerging Leaders
4.7.3 Pervasive Players
4.7.4 Participants
4.7.5 Company Footprint: Key Players, 2024
4.7.5.1 Company Footprint
4.7.5.2 Region Footprint
4.7.5.3 Technology Footprint
4.7.5.4 Mechanism Footprint
4.7.5.5 End Use Footprint
4.8 Company Evaluation Matrix: Startups/SMEs, 2024
4.8.1 Progressive Companies
4.8.2 Responsive Companies
4.8.3 Dynamic Companies
4.8.4 Starting Blocks
4.8.5 Competitive Benchmarking: Startups/SMEs, 2024
4.8.5.1 Detailed List of Key Startups/SMEs
4.8.5.2 Competitive Benchmarking of Key Startups/SMEs
4.9 Competitive Scenario
4.9.1 Product Launches
4.9.2 Deals
4.9.3 Expansions
5 Company Profiles
5.1 Key Players
5.1.1 Saint-Gobain
5.1.1.1 Business Overview
5.1.1.2 Products/Solutions/Services Offered
5.1.1.3 Recent Developments
5.1.1.3.1 Deals
5.1.1.4 Analyst's View
5.1.1.4.1 Key Strengths/Right to Win
5.1.1.4.2 Strategic Choices
5.1.1.4.3 Weaknesses/Competitive Threats
5.1.2 Agc Inc.
5.1.2.1 Business Overview
5.1.2.2 Products/Solutions/Services Offered
5.1.2.3 Recent Developments
5.1.2.3.1 Product Launches
5.1.2.3.2 Deals
5.1.2.3.3 Other Developments
5.1.2.4 Analyst's View
5.1.2.4.1 Key Strengths/Right to Win
5.1.2.4.2 Strategic Choices
5.1.2.4.3 Weaknesses/Competitive Threats
5.1.3 Gentex Corporation
5.1.3.1 Business Overview
5.1.3.2 Products/Solutions/Services Offered
5.1.3.3 Recent Developments
5.1.3.3.1 Deals
5.1.3.3.2 Expansions
5.1.3.4 Analyst's View
5.1.3.4.1 Key Strengths/Right to Win
5.1.3.4.2 Strategic Choices
5.1.3.4.3 Weaknesses/Competitive Threats
5.1.4 Corning Incorporated
5.1.4.1 Business Overview
5.1.4.2 Products/Solutions/Services Offered
5.1.4.3 Recent Developments
5.1.4.3.1 Deals
5.1.4.4 Analyst's View
5.1.4.4.1 Key Strengths/Right to Win
5.1.4.4.2 Strategic Choices
5.1.4.4.3 Weaknesses/Competitive Threats
5.1.5 Nippon Sheet Glass Co. Ltd
5.1.5.1 Business Overview
5.1.5.2 Products/Solutions/Services Offered
5.1.5.3 Recent Developments
5.1.5.3.1 Expansions
5.1.5.4 Analyst's View
5.1.5.4.1 Key Strengths/Right to Win
5.1.5.4.2 Strategic Choices
5.1.5.4.3 Weaknesses/Competitive Threats
5.1.6 View Inc.
5.1.6.1 Business Overview
5.1.6.2 Products/Solutions/Services Offered
5.1.6.3 Recent Developments
5.1.6.3.1 Deals
5.1.7 Gauzy Ltd and Entities
5.1.7.1 Business Overview
5.1.7.2 Products/Solutions/Services Offered
5.1.7.3 Recent Developments
5.1.7.3.1 Deals
5.1.8 Xinyi Glass Holdings Limited
5.1.8.1 Business Overview
5.1.8.2 Products/Solutions/Services Offered
5.1.9 Research Frontiers
5.1.9.1 Business Overview
5.1.9.2 Products/Solutions/Services Offered
5.1.9.3 Recent Developments
5.1.9.3.1 Product Launches
5.1.10 Diamond Switchable Glass Ltd
5.1.10.1 Business Overview
5.1.10.2 Products/Solutions/Services Offered
5.2 Other Players
5.2.1 Pleotint LLC
5.2.2 Taiwan Glass Ind. Corp.
5.2.3 Fuyao Group
5.2.4 Central Glass Co. Ltd.
5.2.5 Chromogenics
5.2.6 Ravenwindow
5.2.7 Polytronix, Inc.
5.2.8 Pgw Auto Glass, LLC
5.2.9 Agp Group
5.2.10 Spd Control Systems Corporation
5.2.11 Scienstry, Inc.
5.2.12 Innovative Glass Corp.
5.2.13 Halio, Inc.
5.2.14 Miru Smart Technologies
5.2.15 Merck KGaA
5.2.16 Huichi Industrial Development Co.,Ltd
5.2.17 Pro Display
5.2.18 Skyline Design
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Research Assumptions
6.1.3 Research Limitations
6.1.4 Risk Analysis
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Role of Companies in Smart Glass Ecosystem
Table 2 Porter's Five Forces Analysis
Table 3 List of Major Patents, 2023-2024
Table 4 Smart Glass Market: Overview of Strategies Adopted by Key Players, 2021-2024
Table 5 Smart Glass Market: Degree of Competition, 2024
Table 6 Smart Glass Market: Region Footprint
Table 7 Smart Glass Market: Technology Footprint
Table 8 Smart Glass Market: Mechanism Footprint
Table 9 Smart Glass Market: End Use Footprint
Table 10 Smart Glass Market: List of Key Startups/SMEs
Table 11 Smart Glass Market: Competitive Benchmarking of Key Startups/SMEs
Table 12 Smart Glass Market: Product Launches, January 2021-December 2024
Table 13 Smart Glass Market: Deals, January 2021-December 2024
Table 14 Smart Glass Market: Expansions, January 2021-December 2024
Table 15 Saint-Gobain: Company Overview
Table 16 Saint-Gobain: Products/Solutions/Services Offered
Table 17 Saint-Gobain: Deals
Table 18 Agc Inc.: Company Overview
Table 19 Agc Inc.: Products/Solutions/Services Offered
Table 20 Agc Inc.: Product Launches
Table 21 Agc Inc.: Deals
Table 22 Agc Inc.: Other Developments
Table 23 Gentex Corporation: Company Overview
Table 24 Gentex Corporation: Products/Solutions/Services Offered
Table 25 Gentex Corporation: Deals
Table 26 Gentex Corporation: Expansions
Table 27 Corning Incorporated: Company Overview
Table 28 Corning Incorporated: Products/Solutions/Services Offered
Table 29 Corning Incorporated: Deals
Table 30 Nippon Sheet Glass Co. Ltd.: Company Overview
Table 31 Nippon Sheet Glass Co. Ltd.: Roducts/Solutions/Services Offered
Table 32 Nippon Sheet Glass Co. Ltd.: Expansions
Table 33 View Inc.: Company Overview
Table 34 View Inc.: Roducts/Solutions/Services Offered
Table 35 View Inc.: Deals
Table 36 Gauzy Ltd and Entities: Company Overview
Table 37 Gauzy Ltd and Entities: Products/Solutions/Services Offered
Table 38 Gauzy Ltd and Entities: Deals
Table 39 Xinyi Glass Holdings Limited: Company Overview
Table 40 Xinyi Glass Holdings Limited: Roducts/Solutions/Services Offered
Table 41 Research Frontiers: Company Overview
Table 42 Research Frontiers: Roducts/Solutions/Services Offered
Table 43 Research Frontiers: Product Launches
Table 44 Diamond Switchable Glass Ltd.: Company Overview
Table 45 Diamond Switchable Glass Ltd.: Products/Solutions/Services Offered
Table 46 Smart Glass Market: Research Assumptions
Table 47 Smart Glass Market: Research Limitations
Table 48 Smart Glass Market: Risk Analysis
List of Figures
Figure 1 Electrochromic Technology to Dominate Market During Forecast Period
Figure 2 Switch-based Segment to Lead Market in 2025
Figure 3 Architecture Segment to Record Highest CAGR During Forecast Period
Figure 4 Asia-Pacific to Exhibit Highest CAGR During Forecast Period
Figure 5 Smart Glass Market: Drivers, Restraints, Opportunities, and Challenges
Figure 6 Global Data on Vehicle Sales, 2020-2023
Figure 7 Impact Analysis of Drivers on Smart Glass Market
Figure 8 Impact Analysis of Restraints on Smart Glass Market
Figure 9 Impact Analysis of Opportunities on Smart Glass Market
Figure 10 Impact Analysis of Challenges on Smart Glass Market
Figure 11 Smart Glass Market: Value Chain Analysis
Figure 12 Smart Glass Market: Ecosystem Analysis
Figure 13 Trends/Disruptions Impacting Customer Business
Figure 14 Smart Glass Market: Porter's Five Forces Analysis
Figure 15 Smart Glass Market: Patent Analysis, 2015-2024
Figure 16 Use Cases of AI in Smart Glass
Figure 17 Revenue Analysis of Major Players in Smart Glass Market, 2019-2023
Figure 18 Market Share Analysis of Key Players Offering Smart Glasses, 2024
Figure 19 Company Valuation, 2024
Figure 20 Financial Metrics (EV/EBITDA), 2024
Figure 21 Coverage Area/Response Time Comparison
Figure 22 Smart Glass Market: Company Evaluation Matrix (Key Companies), 2024
Figure 23 Smart Glass Market: Company Footprint
Figure 24 Smart Glass Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 25 Saint-Gobain: Company Snapshot
Figure 26 Agc Inc.: Company Snapshot
Figure 27 Gentex Corporation: Company Snapshot
Figure 28 Corning Incorporated: Company Snapshot
Figure 29 Nippon Sheet Glass Co. Ltd.: Company Snapshot
Figure 30 Xinyi Glass Holdings Limited: Company Snapshot
Figure 31 Research Frontiers: Company Snapshot
Figure 32 Smart Glass Market: Research Design

Companies Mentioned

The companies featured in this Smart Glass market report include:
  • Saint-Gobain
  • Agc Inc.
  • Gentex Corporation
  • Corning Incorporated
  • Nippon Sheet Glass Co. Ltd
  • View Inc.
  • Gauzy Ltd and Entities
  • Xinyi Glass Holdings Limited
  • Research Frontiers
  • Diamond Switchable Glass Ltd
  • Pleotint LLC
  • Taiwan Glass Ind. Corp.
  • Fuyao Group
  • Central Glass Co. Ltd.
  • Chromogenics
  • Ravenwindow
  • Polytronix, Inc.
  • Pgw Auto Glass, LLC
  • Agp Group
  • Spd Control Systems Corporation
  • Scienstry, Inc.
  • Innovative Glass Corp.
  • Halio, Inc.
  • Miru Smart Technologies
  • Merck KGaA
  • Huichi Industrial Development Co.,Ltd
  • Pro Display
  • Skyline Design