The Global smart glass market size is expected to grow from USD 4.5 billion in 2022 to USD 6.8 billion by 2030, at a CAGR of 8.4% during the forecast period. The global smart glass market refers to the market for a type of glass that can change its properties based on external stimuli such as light, heat, or electric current. Smart glass is also known as switchable glass or intelligent glass.

Browse 215 market data Tables and 99 Figures spread through 312 Pages and in-depth TOC on "Smart Glass Market Size, Share & Trends Estimation Report By Outlook, By Region, And Segment Forecasts, 2022 - 2030" View detailed Table of Content here-https://www.contrivedatuminsights.com/product-report/smart-glass-market-248702/

The market for smart glass is driven by various factors such as increasing demand for energy-efficient solutions, growing adoption of smart homes, rising demand for privacy and security, and increasing demand for eco-friendly and sustainable building solutions.

Market Dynamics

Increasing demand for energy-efficient solutions: Smart glass can help reduce energy consumption in buildings by controlling the amount of sunlight and heat entering the building, thereby reducing the need for air conditioning and heating. This is driving the adoption of smart glass in the construction industry.

Growing adoption of smart homes: The increasing popularity of smart homes, which are equipped with advanced technologies and automated systems, is driving the demand for smart glass. Smart glass can be integrated with home automation systems to control the amount of light and heat entering the home.

High cost: Smart glass is more expensive than traditional glass, which could be a barrier to adoption, especially in price-sensitive markets.

Limited awareness and knowledge: Many end-users are not aware of the benefits of smart glass and how it works, which could lead to slow adoption.

Limited scalability: The production of smart glass is still relatively low, and scaling up production could be challenging. This could result in limited availability and high costs.

Competition from alternative technologies: Smart glass faces competition from alternative technologies such as blinds and curtains, which could limit its adoption in certain applications.

Increasing demand for smart cities: The development of smart cities presents a significant opportunity for the smart glass market. Smart glass can be integrated with smart city infrastructure to control the amount of light and heat entering buildings, reducing energy consumption and increasing sustainability.

Growing demand for automotive applications: The automotive industry presents an opportunity for the smart glass market, with the development of smart glass applications for car windows and sunroofs. Smart glass can be used to enhance driver and passenger comfort and privacy, and improve energy efficiency.

The smart glass market can be segmented based on technology, application, and geography. Based on technology, the market can be segmented into electrochromic, thermochromic, suspended particle device (SPD), and polymer dispersed liquid crystal (PDLC) technologies. Based on application, the market can be segmented into construction, transportation, electronics, and others.

Thermochromic technology is used to make smart glass that changes its transparency level in response to changes in temperature. This technology is commonly used in automotive and architectural applications. SPD technology is used to make smart glass that changes its transparency level in response to an electrical charge. This technology is commonly used in automotive and architectural applications. PDLC technology is used to make smart glass that changes its transparency level in response to an electrical charge. This technology is commonly used in architectural and automotive applications.

Smart glass is used in the aerospace industry for cabin windows, sunroofs, and control panels, improving visibility and energy efficiency. Smart glass is used in the production of smartphones, tablets, and other electronic devices, creating high-quality displays and enabling touch and gesture control.

Smart glass is used in the healthcare industry for privacy partitions and privacy windows in patient rooms, improving patient privacy and reducing noise levels.

Smart glass is used in the energy industry for solar panels and smart windows, improving energy efficiency and reducing costs.

Regional Analysis

North America is expected to be the largest market for smart glass, followed by Europe and Asia-Pacific. The key players in the smart glass market include Saint-Gobain S.A., AGC Inc., Gentex Corporation, Research Frontiers Inc., and Smartglass International Limited.

Europe is another significant market for smart glass, driven by the high demand for energy-efficient buildings and the presence of several key players. Germany, France, and the United Kingdom are the major markets in this region.

The Asia-Pacific region is a rapidly growing market for smart glass, driven by the increasing adoption of smart cities and green buildings in countries such as China, India, and Japan.

Latin America is an emerging market for smart glass, driven by the increasing construction activities and the growing demand for energy-efficient buildings.

The Middle East and Africa is a small but growing market for smart glass, driven by the increasing construction activities and the growing demand for energy-efficient buildings in the region.

Competitive Analysis

Research Frontiers Incorporated is a US-based company that develops and licenses SPD-SmartGlass technology used in the production of smart glass for architectural and automotive applications.

Gentex Corporation is a US-based company that designs and manufactures electronic products for the automotive, aerospace, and fire protection industries. The company produces smart mirrors for the automotive industry that use electrochromic technology.

AGC Inc. is a Japanese multinational glass company that produces and distributes glass products, including smart glass. The company offers a range of smart glass products under its Lumisty and Glasflair brands.

In August 2021, Gentex Corporation acquired Fulvue Mirror Corporation, a manufacturer of automotive mirrors and related products, to expand its product portfolio and strengthen its position in the automotive industry.

In March 2021, Smartglass International Ltd. was acquired by Gauzy Ltd., an Israeli company specializing in the development and production of smart glass films. The acquisition is expected to expand Gauzy's market presence and accelerate its growth in the smart glass market.

In October 2020, Research Frontiers Incorporated announced a strategic investment and collaboration with Gauzy Ltd. to develop and commercialize SPD-SmartGlass products for the automotive and architectural markets.

In July 2020, Saint-Gobain S.A. acquired the Italian company Logli Massimo S.r.l., a producer of glass for the construction industry. The acquisition is expected to strengthen Saint-Gobain's position in the Italian construction market and expand its product portfolio.

In May 2020, View, Inc. raised $100 million in funding from SoftBank Vision Fund 2, a leading global technology investor. The funding is expected to support View's growth and innovation in the smart glass market.

In January 2020, AGC Inc. announced the acquisition of Malgrat Pharma Chemicals S.L.U., a Spanish manufacturer of pharmaceutical intermediates. The acquisition is expected to strengthen AGC's position in the pharmaceutical market and expand its product portfolio.

Segmentation Analysis of The Global Smart Glass Market 2016-2030

The report forecasts revenue growth at global, regional, and country matrics and analyzes the latest industry trends in each of the sub-segments ranging from 2016-2030. For this, CDI has segmented the global Smart Glass market report based on capacity, vehicle, application, and propulsion type along with regional analysis. 

Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Electrochromic
• Polymer Dispersed Liquid Crystal (PDLC)
• Suspended Particle Devices (SPD)
• Thermochromics
• Photochromic

Application Outlook (Revenue, USD Million, 2018 - 2030)

• Architectural
• Transportation
• Automotiv
• Aircraft
• Marine
• Consumer Electronics
• Power Generation

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America