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Global Smart Window Market: By Technology: Suspended Particle Devices Light Modulator, Polymer Dispersed Liquid Crystal Devices Scanner, Electro Chromic; By Type; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Smart Window Market Outlook
The global smart window market size is expected to grow at a CAGR of more than 16.8% in the forecast period of 2021 and 2026.
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The opacity of smart windows could be changed from clear to translucent, which helps increase the comfort of the occupants, guarantees the best lighting conditions as well as increases the building's energy quality by reducing glare, lighting loads, and HVAC energy usage. The technology sector is being led by the suspended particle devices light modulator segment, whereas the self-dimming smart windows are the leading type in the industry. North America is the leading region for the market. The application sector is dominated by the transport segment.
Properties and Applications
Smart windows refer to next-generation windows that control the amount of light entering a room, based on weather conditions and user preferences. Different materials, like micro-blinds, liquid crystals as well as suspended particles, are currently used in the development of these screens. Similar to other solutions such as electric window shades, smart windows are considered more effective in energy management. Because of these qualities, they are gaining popularity for use in houses, commercial spaces, and automobiles.
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Based on technology, the smart window market can be divided into the following:
- Suspended Particle Devices Light Modulator
- Polymer Dispersed Liquid Crystal Devices Scanner
- Electro Chromic
On the basis of type, the industry can be segmented into:
- OLED Glass
- Self-Dimming Window
- Self-Repairing
It finds application in the following industries:
- Residential
- Commercial
- Industrial
- Transport
The regional markets for smart window include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Smart windows are combined with lighting and air conditioning control systems to ensure greater thermal and visual comfort for occupants and to achieve substantial energy savings. In addition, the incorporation of smart windows with the Internet of Things (IoT) has helped to boost device management and configuration capabilities. These are some of the factors that drive the smart window market growth at the global level. In addition, due to increased R&D activities, manufacturers are developing smart windows with electrochromic technology that allow building owners and operators to save energy and reduce cooling, heating, and lighting costs. Likewise, products are being produced using perovskites that turn dark at high temperatures and can produce solar energy like PV cells. These factors are propelling the overall growth of the smart window market.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global smart window market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Heliotrope Technologies
- Gentex Corporation
- Saint-Gobain
- Smart Windows Colorado
- Pleotint LLC.
- ChromoGenics
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Type, Application, Region |
| Breakup by Technology | Suspended Particle Devices Light Modulator, Polymer Dispersed Liquid Crystal Devices Scanner, Electro Chromic |
| Breakup by Type | OLED Glass, Self-Dimming Window, Self-Repairing |
| Breakup by Application | Residential, Commercial, Industrial, Transport |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Heliotrope Technologies, Gentex Corporation, Saint-Gobain, Smart Windows Colorado, Pleotint LLC, ChromoGenics, 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Window Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Window Historical Market (2018-2022)
8.3 Global Smart Window Market Forecast (2023-2028)
8.4 Global Smart Window Market by Technology
8.4.1 Suspended Particle Devices Light Modulator
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Polymer Dispersed Liquid Crystal Devices Scanner
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Electro Chromic
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Smart Window Market by Type
8.5.1 OLED Glass
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Self-Dimming Window
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Self-Repairing
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Smart Window Market by Application
8.6.1 Residential
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Commercial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Industrial
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Transport
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.7 Global Smart Window Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.2.2 Forecast Trend (2023-2028)
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 Market (2018-2022)
9.3.2 Market Forecast (2023-2028)
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 (2018-2022)
9.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.2 Forecast Trend (2023-2028)
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 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players' Market Share
14.3 Company Profiles
14.3.1 Heliotrope Technologies
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Demographic Reach and Achievements
14.3.1.4 Financial Summary
14.3.1.5 Certifications
14.3.2 Gentex Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Demographic Reach and Achievements
14.3.2.4 Financial Summary
14.3.2.5 Certifications
14.3.3 Saint-Gobain
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Demographic Reach and Achievements
14.3.3.4 Financial Summary
14.3.3.5 Certifications
14.3.4 Smart Windows Colorado
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Demographic Reach and Achievements
14.3.4.4 Financial Summary
14.3.4.5 Certifications
14.3.5 Pleotint LLC.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Demographic Reach and Achievements
14.3.5.4 Financial Summary
14.3.5.5 Certifications
14.3.6 ChromoGenics
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Demographic Reach and Achievements
14.3.6.4 Financial Summary
14.3.6.5 Certifications
14.3.7 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Smart Window Market: Key Industry Highlights, 2018 and 2028
2. Global Smart Window Historical Market: Breakup by Technology (USD Million), 2018-2022
3. Global Smart Window Market Forecast: Breakup by Technology (USD Million), 2023-2028
4. Global Smart Window Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Smart Window Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Smart Window Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Smart Window Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Smart Window Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Smart Window Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Smart Window Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Smart Window Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Smart Window Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Smart Window Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Smart Window Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Smart Window Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Smart Window Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Smart Window Market Forecast: Breakup by Country (USD Million), 2023-2028Mi
18. Middle East and Africa Smart Window Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Smart Window Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Smart Window Market Structure
Key Questions Answered in the Report
The global smart window market size is expected to grow at a CAGR of more than 16.8% in the forecast period of 2021 and 2026.
The major drivers of the industry such as rising disposable incomes, convenience of the product, the introduction of products with the ability save energy and act as PV cells, and growing R&D activities are expected to aid the market growth.
The rising inclusion of smart windows with the Internet of Things (IoT) is expected to be a major trend expected to drive the market growth.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest market share.
The dominant technology in the market is suspended particle devices light modulator.
The leading type of the product in the industry is the self-dimming window.
The transport segments accounts for the largest market share among other application segments.
The key players in the market are Heliotrope Technologies, Gentex Corporation, Saint-Gobain, Smart Windows Colorado, Pleotint LLC., and ChromoGenics, among others.
Analyst Review
The global smart window market is driven by the growing incorporation of the product by the transportation industry. Aided by the growing technological advancements, the market is expected to witness a robust growth in the forecast period of 2023-2028, growing at a CAGR of 16.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the market can be segmented into suspended particle devices light modulator, polymer dispersed liquid crystal devices scanner, and electro chromic, with suspended particle devices light modulator accounting for the largest share in the market. On the basis of type, the industry is led by self-dimming window. Residential, commercial, industrial, and transport are the major application segments in the market, with the transport sector leading the market. The major regional markets for smart window are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Heliotrope Technologies, Gentex Corporation, Saint-Gobain, Smart Windows Colorado, Pleotint LLC., ChromoGenics, and 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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