Report Highlights
The global market for smart glass is expected to grow from $6.2 billion in 2024 to reach $10.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.7% from 2024 through 2029.
Report Includes
- 61 data tables and 56 additional tables
- Analyses of trends in the global market for smart glass, with sales data for 2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
- Estimates and forecasts of the market for smart glass by type, technology, end-use industry, and region
- Review of patent data and new developments regarding smart glass
- A discussion of the ESG challenges and practices of the industry
- Assessment of the competitive landscape, including the market shares of leading companies, their product portfolios and financial overviews
- Information on recent mergers and acquisitions, expansions, collaborations, investments, divestments and product launches
- Profiles of the market leaders, including Corning Inc., AGC Inc., FG Glass, Saint-Gobain and Halio Inc.
Report Scope
The scope of this in-depth report on the global market for smart glass includes only the categories of switchable glass that change tint when exposed to external stimuli such as light and heat. The scope excludes smart glasses integrated with technology and generally identified in the category of smart wearable technology. The base year of the analysis is 2023, with 2024 to 2029 serving as the forecast period. The market is segmented by:
- Type: Active and passive.
- Technologies: Electrochromic, suspended particle devices, polymer dispersed liquid crystal, micro blinds, photochromic glass, thermochromic glass, and others (nanocrystals and digital images).
- End user: Automotive and aircraft, construction, electronics, power generation plants, and others (consumer products and medical devices).
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $5.6 Billion | ||||||||||||||||
| Market size forecast | $10.8 Billion | ||||||||||||||||
| Growth rate | CAGR of 11.7% from 2024 to 2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | By Type, Technology, End-use Industry, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and the Rest of the World (South America and the Middle East and Africa) | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Macro-Factor: End-Use industries’ growth.
- Increasing urbanization.
- Rising focus on green buildings.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for smart glass reached nearly $2.8 billion in 2017 and should reach nearly $5.1 billion by 2022, at a compound annual growth rate (CAGR) of 12.4% for the period of 2017-2022.
Report includes
- 45 data table and 54 additional tables
- Coverage of industrial evolution and milestones in the history of smart glass
- An overview of technology, including materials and fabrication processes, and identification of the current and emerging end-user industries
- Discussion of the technological, regulatory, and economic trends that are affecting the smart glass market
- Comprehensive company profiles of major Players in the Market including Armor Usa, Asahi Glass Co., Ltd., Iglass Technology Inc., Kinestral Technologies Inc., Murakami Corp., Saint-Gobain, Smart Glass Systems Inc.
Report Highlights
The global market for smart glass-based products increased from nearly $1.8 billion in 2013 to $1.9 billion in 2014. This market is estimated to be valued at nearly $2.1 billion in 2015 and $3.3 billion by 2020, with a compound annual growth rate (CAGR) of 9.4% from 2015 to 2020.
Report Highlights
The global market for smart glass-based products increased from $883.1 million in 2009 to $1.2 billion in 2010, and was valued at nearly $1.6 billion in 2011. The market is forecast to grow at a compound annual growth rate (CAGR) of 21.6% from 2011 to 2016, reaching global revenues of nearly $4.2 billion in 2016.
Report Highlights
- The global market for smart glass applications was worth $1.0 billion in 2008, a figure that is expected to reach $1.9 billion in 2013, for a compound annual growth rate (CAGR) of 12.8%.
- Transportation applications dominate the market, generating $889.0 million in 2008. This should reach $1.6 billion in 2013, for a CAGR of 12.3%.
- Construction applications have the second largest market share, worth $138.7 million in 2008. This should increase at a CAGR of 9.5% to reach $218.3 million in 2013.
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