0
2022
Smart Glass And Smart Window Market

Smart Glass and Smart Window Market

by Technology (Active, Passive), by End User (Automotive, Aviation, Marine, Construction): Global Opportunity Analysis and Industry Forecast, 2020-2030

✷  Report Code: A00171
Pages: 230
Apr 2022 | 23408 Views
Author(s) : N K , Vineet K
Tables: 108
Charts: 50
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

Smart Glass And Smart Window Market Research, 2030

The global smart glass and smart window market size was valued at $5.1 billion in 2020, and is projected to reach $19.6 billion by 2030, growing at a CAGR of 15% from 2021 to 2030. Smart glass and smart window usually transform from translucent to transparent, blocking some or all wavelengths of light when electricity, light, or heat is applied. Also, when smart glass is used in the building envelope, it provides climate-adaptive building shells that can save money on heating, air conditioning, and lighting while also avoiding the cost of installing and maintaining manual light screens, blinds, and curtains. In addition, Blackout-type smart glass reduces fabric fading by blocking 99.4% of UV radiation while the SPD-type smart glass does this with low emissivity coatings. Also, the use of electrochromic smart windows is the latest trend which reduces energy costs and provides architects with more design freedom.

The construction segment has been negatively impacted by the COVID-19 pandemic outbreak.

Smart Glass and Smart Window Market, Smart Glass and Smart Window Industry, Smart Glass and Smart Window Market Size, Smart Glass and Smart Window Market Share, Smart Glass and Smart Window Market Growth, Smart Glass and Smart Window Market Trends, Smart Glass and Smart Window Market Analysis, Smart Glass and Smart Window Market Forecast, Smart Glass and Smart Window Market Outlook, Smart Glass and Smart Window Market Opportunity

Growth of the global smart glass and smart window industry is anticipated to be driven by factors, such as growing demand for smart glass-based products in automotive & aviation sector, reducing expenditure on air-conditioning, heating & lighting, and stringent regulations by government. However, high initial cost of smart glass and smart window products acts as a major restraint for the smart glass and smart window industry. On the contrary, decline in the price of electrochromic materials, adoption of new technology, and advancements in smart glass functions are expected to fuel the market growth during the forecast period.

Smart Glass and Smart Window Market
By Technology

Your browser does not support the canvas element.

Active segment is expected to secure leading position during forecast period.

Get more information on this report : Request Sample Pages

The smart glass and smart window market is segmented into Technology and End User. By technology, the market is classified into active and passive. On the basis of end user, market is divided into automotive, aviation, marine, and construction.

Smart Glass and Smart Window Market
By End User

Your browser does not support the canvas element.

Automotive segment is projected as one of the most lucrative segments.

Get more information on this report : Request Sample Pages

Region-wise, the smart glass and smart window market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America dominated the smart glass and smart window market in 2020, and is projected to register significant growth rate during the forecast period, owing to growth in the automotive segment. However, Asia-Pacific is expected to witnesses significant growth by the end of the forecast period, followed by LAMEA.   

Smart Glass and Smart Window Market
By Region

2030
Asia-pacific 
Europe
North America
Lamea

Asia-Pacific would exhibit the highest CAGR of 16.7% during 2021-2030

Get more information on this report : Request Sample Pages
  

Leading smart glass and smart window market manufacturers, such as Corning Incorporated, Ppg Industries Inc., and Saint Gobain are focusing on their investments on technologically advanced, cost-effective, and more secure products and solutions for various applications.

TOP IMPACTING FACTORS

The prominent factors that impact the smart glass and smart window market growth include, surge in demand for electric and hybrid vehicles and decline in the price of electrochromic materials. In addition, growth in demand for smart glass-based products in the construction sector fuel the market growth. However, high product cost and capital investment for R&D of smart glass and smart window products restricts the market growth. On the contrary, high demand from the Asia-Pacific region is expected to create lucrative opportunities in the market.

COMPETITION ANALYSIS

Competitive analysis and profiles of the major smart glass and smart window market players, such as Asahi Glass Co., Ltd., Corning Incorporated, Gentex Corporation, Hitachi Ltd. (Hitachi Chemical Co., Ltd.), Pleotint LLC, PPG Industries Inc., Ravenbrick LLC (Ravenwindow), Research Frontiers Incorporated, Saint Gobain, and View Inc. have been covered in the report.

 

COVID-19 IMPACT ANALYSIS

The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed in 2021, owing to increase in number of COVID-19 cases, and are expected to remain closed in the second quarter of 2022. Furthermore, partial or complete lockdown has disrupted the global supply chain posing challenges for manufactures to reach customers.

The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day and affecting the overall business globally. The crisis creates uncertainty in the stock market and results in falling business confidence, massive slowing of supply chain, and increasing panic among customers.

Asian and European countries under lockdowns have suffered major loss of business and revenue, owing to shutdown of manufacturing units. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which further impacted the growth of the smart glass and smart window market outlook.

In addition, the COVID-19 pandemic has impacted the electronics sector as production facilities have stalled, which, in turn, boosts demand for electronics and semiconductor products in these industries. Its major impact includes a large manufacturing interruption across Europe and interruption in Chinese parts exports, which hinder the smart glass and smart window market opportunity. The demand for new and innovative products is expected to surge once the economy begins to recover. Companies are looking forward to invest in next-generation products using new technologies, as it is expected to boost its goodwill, once customer demands rise.

KEY BENEFITS FOR STAKEHOLDERS

  • This study comprises analytical depiction of the global smart glass and smart window market size along with current trends and future estimations to depict imminent investment pockets.
  • The overall smart glass and smart window market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current smart glass and smart window market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the smart glass and smart window market share of key vendors.
  • The report includes the market trends and the market share of key vendors.

Smart Glass and Smart Window Market Report Highlights

Aspects Details
By Technology
  • Active
  • Passive
By End User
  • Automotive
  • Aviation
  • Marine
  • Construction
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (U.K., Germany, France, Rest of Europe)
  • Asia-Pacific  (China, Japan, South Korea, India, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Asahi Glass Co Ltd, Corning Incorporated, Gentex Corporation, Hitachi Ltd (Hitachi Chemical Co Ltd), Pleotint LLC, Ppg Industries Inc, Ravenbrick LLC (Ravenwindow), Research Frontiers Incorporated, Saint Gobain, View Inc
Other players in the value chain include Active Glass Technologies, PPG Industries
 

Loading Table Of Content...


 
 

The global smart glass and smart window market is flourishing at a rapid pace. However, high initial cost of smart glass and smart window products is still a concern for new entrants. Market players are generously investing in R&D activities to develop improved solutions to reduce the overall cost of smart glass and smart window products. In addition, according to industry experts, it is essential to optimize affordable prices for smart glass and smart window products for long-term growth.

In January 2022, View Inc. Partners with Bjarke Ingels which will provide sustainable materials and will be carbon neutral in operations. The partnership will feature View Smart Windows, which adjusts automatically to provide continuous access to natural light and outdoor views while minimizing heat and glare.

Key players of the market focus on introducing technologically advanced products to remain competitive in the market. Partnership, acquisition, and product launches are expected to be the prominent strategies adopted by the market players. North America accounted for a major share of the market in 2020, owing to the presence of major players in the region. However, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of smart glass and smart window market in a variety of fields.  

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The global smart glass and smart window market size was valued at $5.14 billion in 2020.

A. North America dominated the smart glass and smart window market in 2020

A. It is widely used in automotive, aerospace, marine, commercial & residential buildings, and other industries.

A. The use of electrochromic smart windows is the latest trend which reduces energy costs and provides architects with more design freedom.

A. Corning Incorporated, Ppg Industries Inc., and Saint Gobain

A. 15.0%.

A. Growth of the global smart glass and smart window market is anticipated to be driven by factors, such as growing demand for smart glass-based products in automotive & aviation sector, reducing expenditure on air-conditioning, heating & lighting, and stringent regulations by government.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Smart Glass And Smart Window Market

Start reading instantly.
This Report and over 19,311+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,565
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Data Pack
  • $3,961
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Single User
  • $5,770
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Five Users
  • $6,654
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Enterprise
    License/PDF

  • $10,280
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers