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Global Smart Glass Market: By Technology: Electrochromic (EC), Polymer Dispersed Liquid Crystal (PDLC), Suspended Particles Devices (SPD), Thermochromic, Others; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Smart Glass Market Outlook

The global smart glass market attained a value of nearly USD 4.3 billion in 2020. The smart glass market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 10% to reach USD 10 billion by 2026.

 

Global Smart Glass Market

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Properties and Applications

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.

 

Global Smart Glass Market By Application

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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

The EMR report looks into the regional markets of smart glass like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Smart Glass Market By Region

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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. (Formerly Asahi Glass Co., Ltd.) 
  • Compagnie de Saint-Gobain S.A. 
  • Corning Incorporated (NYSE: GLW)
  • Gentex Corporation 
  • Guardian Industries 
  • Polytronix, Inc.
  • Others

The EMR 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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Application, Region
Breakup by Technology Electrochromic (EC), Polymer Dispersed Liquid Crystal (PDLC), Suspended Particles Devices (SPD), Thermochromic, Photochromic
Breakup by Application Construction, Transportation, Electronics, Power Generation
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AGC Inc. (Formerly Asahi Glass Co., Ltd.) (TYO: 5201), Compagnie de Saint-Gobain S.A. (EPA: SGO), Corning Incorporated (NYSE: GLW), Gentex Corporation (NASDAQ: GNTX), Guardian Industries, Polytronix, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Smart Glass Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Smart Glass Historical Market (2017-2021) 
    8.3    Global Smart Glass Market Forecast (2022-2027)
    8.4    Global Smart Glass Market by Technology
        8.4.1    Electrochromic (EC)
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Polymer Dispersed Liquid Crystal (PDLC) 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Suspended Particles Devices (SPD) 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Thermochromic
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Photochromic 
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
    8.5    Global Smart Glass Market by Application
        8.5.1    Construction
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Transportation
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Electronics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Power Generation
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
    8.6    Global Smart Glass Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    AGC Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Compagnie de Saint-Gobain S.A.
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Corning Incorporated
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Gentex Corporation
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Polytronix, Inc.
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6     Others
12    Industry Events and Developments

 

List of Figures and Tables

1.    Global Smart Glass Market: Key Industry Highlights, 2016 and 2026
2.    Global Smart Glass Historical Market: Breakup by Technology (USD Million), 2017-2021
3.    Global Smart Glass Market Forecast: Breakup by Technology (USD Million), 2022-2027
4.    Global Smart Glass Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Smart Glass Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Smart Glass Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Smart Glass Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Smart Glass Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Smart Glass Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Smart Glass Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Smart Glass Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Smart Glass Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Smart Glass Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Smart Glass Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Smart Glass Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Smart Glass Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Smart Glass Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Smart Glass Market Structure

Key Questions Answered in the Report

In 2020, the global smart glass market attained a value of nearly USD 4.3 billion.

The market is projected to grow at a CAGR of 10% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 10 billion by 2026.

The major drivers of the industry, such as the thriving automotive sector, rising disposable incomes, increasing population, and growing construction industry, are expected to aid the market growth.

The key market trend guiding the growth of the industry include the growing product demand with rising focus on aesthetics in residential as well as commercial architectural applications and rapid technological advancement.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Electrochromic (EC), polymer dispersed liquid crystal (PDLC), suspended particles devices (SPD), thermochromic, and photochromic are the leading smart glass technologies in the industry.

The significant applications of smart glass are construction, transportation, electronics, and power generation.

The major players in the industry are AGC Inc., Compagnie de Saint-Gobain S.A., Corning Incorporated, Gentex Corporation, and Polytronix, Inc., among others.

Analyst Review

The global smart glass market attained a value of USD 4.3 billion in 2020, driven by the growing product demand in the automotive sector and construction industry. Aided by the growing product demand in residential as well as commercial architectural applications and rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 10%. The market is projected to reach nearly USD 10 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the industry can be segmented into electrochromic (EC), polymer dispersed liquid crystal (PDLC), suspended particles devices (SPD), thermochromic and photochromic. On the basis of applications, the industry is divided into construction, transportation, electronics and power generation. The major regional markets for smart glass are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AGC Inc. (Formerly Asahi Glass Co., Ltd.), Compagnie de Saint-Gobain S.A., Corning Incorporated, Gentex Corporation, and Polytronix, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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