Smart Glass Market Expects CAGR Growth to Approx. 15.12% by 2030 As Revealed in New Report

Report Overview:

The following report titled “Global Smart Glass MarketBy Technology (Electrochromic, Suspended Particle Devices, Liquid Crystal, Thermochromic, Photochromic, Micro-Blinds, Others), By Mechanism (Active, Passive) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Smart Glass Market Summary

The Global Smart Glass Market size was valued at USD 6.2 Billion in 2023 & is estimated to grow at a CAGR of around 15.12% during the forecast period, i.e., 2024–30. The market growth is attributed to rising government investment toward the adoption of renewable energy sources such as solar power, which has spurred the demand for smart glass as it is used in photovoltaic panels. Moreover, the sharp growth in demand for smart devices and electronic gadgets worldwide, the burgeoning inclination toward the development of green and eco-friendly buildings, and the extensive demand for smart glasses in transportation industries such as automobile, aerospace, and aviation are proliferating the growth of the Global Smart Glass Market.

Report Coverage & Details

  • Forecast Period:  –2030
  • Base Year: 2023
  • Market Size in 2023: USD 6.2 Billion
  •  CAGR: 15.12%

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Smart Glass Market Trend:

The Emergence of Smart Cities and IoT Integration – IoT technologies are being used more and more by smart cities to improve sustainability, efficiency, and urban infrastructure. In this context, smart glass is used in several industries, including energy management, transportation, and construction. Smart glass can now improve energy consumption, react dynamically to environmental changes, and give building management systems data-driven insights due to IoT integration.

Segmentation Analysis: Smart Glass Market

By Technology

  • Electrochromic- Market Size & Forecast 2019-2030F, (USD Million)
  • Suspended Particle Devices- Market Size & Forecast 2019-2030F, (USD Million)
  • Liquid Crystal- Market Size & Forecast 2019-2030F, (USD Million)
    • Polymer Dispersed Liquid Crystals (PDLCS) – Market Size & Forecast 2019-2030F, (USD Million)
    • Twisted Nematic (TN) Liquid Crystals – Market Size & Forecast 2019-2030F, (USD Million)
  • Thermochromic- Market Size & Forecast 2019-2030F, (USD Million)
  • Photochromic- Market Size & Forecast 2019-2030F, (USD Million)
  • Micro-Blinds- Market Size & Forecast 2019-2030F, (USD Million)
  • Others- Market Size & Forecast 2019-2030F, (USD Million)

By Mechanism

  • Active- Market Size & Forecast 2019-2030F, (USD Million)
  • Passive- Market Size & Forecast 2019-2030F, (USD Million)

By Control Systems

  • Manual- Market Size & Forecast 2019-2030F, (USD Million)
  • Remote- Market Size & Forecast 2019-2030F, (USD Million)
  • Mobile-based- Market Size & Forecast 2019-2030F, (USD Million)
  • Voice-based- Market Size & Forecast 2019-2030F, (USD Million)

By End User

  • Architecture- Market Size & Forecast 2019-2030F, (USD Million)
    • Residential- Market Size & Forecast 2019-2030F, (USD Million)
    • Commercial- Market Size & Forecast 2019-2030F, (USD Million)
  • Transportation- Market Size & Forecast 2019-2030F, (USD Million)
    • Automotive- Market Size & Forecast 2019-2030F, (USD Million)
    • Aerospace- Market Size & Forecast 2019-2030F, (USD Million)
    • Marine- Market Size & Forecast 2019-2030F, (USD Million)
  • Power Generation Plants- Market Size & Forecast 2019-2030F, (USD Million)
  • Consumer Electronics & Others- Market Size & Forecast 2019-2030F, (USD Million)

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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Region: Asia-Pacific Holds a Major Market Share

Among them, Asia-Pacific accounted for a maximum revenue share in the Global Smart Glass Market in 2023 and would continue to dominate the market in the forecast years as well.

Leading Players Analysis: Smart Glass Market

The report provides detailed analysis of key players in the global Smart Glass market, highlighting their strategies and competitive scenario.

  • Asahi Glass Co. Ltd. (AGC Inc.)
  • Smartglass International Ltd.
  • ChromoGenics AB
  • Corning, Inc.
  • Guardian Glass LLC.
  • Innovative Glass Corporation
  • HALIO Inc.
  • Schott AG
  • View Inc.
  • Saint-Gobain SA
  • Merck KgaA
  • Research Frontiers Inc.
  • Nippon Steel Glass (NSG) Group
  • Others.

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