Product Code: 978-1-68038-213-6
Smart Glass Market Growth & Trends:
The global smart glass market size is estimated to reach USD 13.01 billion by 2030, registering to grow at a CAGR of 9.6% from 2025 to 2030 according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the growing product demand across the automotive and architectural industries. The emerging trend of deploying innovative technologies in new buildings has instigated the adoption of smart glass products in the architectural sector. The market's expansion is attributed to the growing investment in infrastructure development, high demand for luxury vehicles equipped with smart glass, and government initiatives to construct eco-friendly and energy-efficient buildings. An increase in the glazing area in commercial and residential buildings is expected to affect demand positively over the next few years.
An increasing number of architects suggest using this glass to construct new buildings, which is estimated to lead to high demand in architectural applications. The high adoption of electrochromic glass in automotive and building construction applications has been the primary contributor to the segment's dominance. There is a rapid growth in the adoption of electrochromic windows that offer control over energy consumption, glare, and comfort in the North America and Europe region. According to the National Renewable Energy Laboratory (NREL), windows made using electrochromic technology are capable of reducing the electricity consumption for cooling by up to 49% and decreasing the costs of lighting by up to 51%. Such benefits of electrochromic technology are opportunistic for the growth of the segment.
Smart glass technology is largely adopted in commercial office buildings and corporate headquarters as it helps save costs considerably while maximizing workplace productivity. Technologies, such as self-cleaning glass, low-emissivity glass, and solar control glass, have become prominent offerings for the construction sector. The increasing number of infrastructure projects, as well as restoration & renovation activities in residential & commercial spaces, is contributing to the growth of the architectural segment. For instance, Evora Public Central Hospital (around USD 228.8 million), Edge East Side Tower (around USD 448.7 million), Baltic Offshore Pipeline (around USD 2,720.1 million), and Flamanville 3 (around USD 14,245.6 million) among others are some of the prominent construction projects in Europe that were planned for the completion in the year 2023.
Companies are adopting strategic initiatives, such as investments in research & development (R&D), mergers & acquisitions, collaborations, partnerships, and new product developments, to gain a competitive edge. For instance, in March 2023, Kognition, an AI safety & security startup, partnered with View Inc., the provider of smart glass, to integrate View's Smart Building Cloud, an integrated software stack for smart buildings, with Kognition's SPS smart building software. This partnership is aimed at providing a comprehensive approach to building safety & security and helping the customers deploy & manage a cyber-physical security system powered by AI.
Smart Glass Market Report Highlights:
- The electrochromic segment captured the largest market share of over 61% in 2022. This growth is driven by rising demand for advanced light control and energy efficiency.
- The transportation application segment accounted for the largest market share in 2024, driven by the growing adoption of smart glass technologies such as electrochromic and SPD glass across the automotive, aviation, and rail industries.
- The switches segment accounted for a significant market share in 2024, driven by growing demand for on-demand privacy and light control.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook (1/2)
- 2.3. Segment Outlook (2/2)
- 2.4. Competitive Insights
Chapter 3. Smart Glass Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Process and Equipment Used for Glass Lamination
- 3.2.2. Smart Glass Production Process
- 3.2.2.1. Installation of Switchable Layer
- 3.2.2.2. Comparative Analysis of Vacuum Lamination Furnaces
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunity Analysis
- 3.4. Smart Glass Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- 3.5. Smart Glass Market - Technology Trends
Chapter 4. Smart Glass Market: Technology Estimates & Trend Analysis
- 4.1. Technology Movement Analysis & Market Share, 2024 & 2030
- 4.2. Smart Glass Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Electrochromic
- 4.3.1. Electrochromic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Polymer Dispersed Liquid Crystal (PDLC)
- 4.4.1. Polymer Dispersed Liquid Crystal (PDLC) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Suspended Particle Devices (SPD)
- 4.5.1. Suspended Particle Devices (SPD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Thermochromics
- 4.6.1. Thermochromics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Photochromic
- 4.7.1. Photochromic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Smart Glass Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2024 & 2030
- 5.2. Smart Glass Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Architectural
- 5.3.1. Architectural Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.2. Residential Buildings
- 5.3.2.1. Residential Buildings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.3. Commercial Buildings
- 5.3.3.1. Commercial Buildings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Transportation
- 5.4.1. Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.2. Automotive
- 5.4.2.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.3. Aircraft
- 5.4.3.1. Aircraft Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.4. Marine
- 5.4.4.1. Marine Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Consumer Electronics
- 5.5.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Power Generation
- 5.6.1. Power Generation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Smart Glass Market: Control Mode Estimates & Trend Analysis
- 6.1. Control Mode Movement Analysis & Market Share, 2022 & 2030
- 6.2. Smart Glass Market: Control Mode Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Rheostats
- 6.3.1. Rheostats Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Switches
- 6.4.1. Switches Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Remote
- 6.5.1. Remote Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Smart Glass Market: Regional Estimates & Trend Analysis
- 7.1. Smart Glass Market Share, By Region, 2024 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
- 7.3.2.1. U.K. Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Italy Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Mexico
- 7.5.3.1. Mexico Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Saudi Arabia Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. South Africa
- 7.6.3.1. South Africa Smart Glass Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis
- 8.5. Company Heat Map Analysis
- 8.6. Strategy Mapping
- 8.6.1. Expansion
- 8.6.2. Mergers & Acquisition
- 8.6.3. Partnerships & Collaborations
- 8.6.4. New Product Launches
- 8.6.5. Research And Development
- 8.7. Company Profiles
- 8.7.1. AGC Inc.
- 8.7.1.1. Participant's Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.1.4. Recent Developments
- 8.7.2. ChromoGenics
- 8.7.2.1. Participant's Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.2.4. Recent Developments
- 8.7.3. Corning Incorporated
- 8.7.3.1. Participant's Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.3.4. Recent Developments
- 8.7.4. Gauzy Ltd.
- 8.7.4.1. Participant's Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.4.4. Recent Developments
- 8.7.5. Gentex Corporation
- 8.7.5.1. Participant's Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.5.4. Recent Developments
- 8.7.6. Guardian Industries Holdings, LLC
- 8.7.6.1. Participant's Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.6.4. Recent Developments
- 8.7.7. Halio Inc.
- 8.7.7.1. Participant's Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.7.4. Recent Developments
- 8.7.8. Merck KGaA (Merck Group)
- 8.7.8.1. Participant's Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.8.4. Recent Developments
- 8.7.9. Nippon Sheet Glass Co. Ltd.
- 8.7.9.1. Participant's Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.9.4. Recent Developments
- 8.7.10. PPG Industries Inc.
- 8.7.10.1. Participant's Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.10.4. Recent Developments
- 8.7.11. RavenWindow
- 8.7.11.1. Participant's Overview
- 8.7.11.2. Financial Performance
- 8.7.11.3. Product Benchmarking
- 8.7.11.4. Recent Developments
- 8.7.12. Research Frontiers Inc.
- 8.7.12.1. Participant's Overview
- 8.7.12.2. Financial Performance
- 8.7.12.3. Product Benchmarking
- 8.7.12.4. Recent Developments
- 8.7.13. Saint Goblin S.A.
- 8.7.13.1. Participant's Overview
- 8.7.13.2. Financial Performance
- 8.7.13.3. Product Benchmarking
- 8.7.13.4. Recent Developments
- 8.7.14. Smartglass International
- 8.7.14.1. Participant's Overview
- 8.7.14.2. Financial Performance
- 8.7.14.3. Product Benchmarking
- 8.7.14.4. Recent Developments
- 8.7.15. VELUX Group
- 8.7.15.1. Participant's Overview
- 8.7.15.2. Financial Performance
- 8.7.15.3. Product Benchmarking
- 8.7.15.4. Recent Developments
- 8.7.16. View Inc.
- 8.7.16.1. Participant's Overview
- 8.7.16.2. Financial Performance
- 8.7.16.3. Product Benchmarking
- 8.7.16.4. Recent Developments
- 8.7.17. Polytronix Inc.
- 8.7.17.1. Participant's Overview
- 8.7.17.2. Financial Performance
- 8.7.17.3. Product Benchmarking
- 8.7.17.4. Recent Developments
- 8.7.18. Smart Glass Technologies LLC
- 8.7.18.1. Participant's Overview
- 8.7.18.2. Financial Performance
- 8.7.18.3. Product Benchmarking
- 8.7.18.4. Recent Developments