Report Id: SNS/SEMI/1247 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Smart Glass Market Size will be valued at USD 8.01 billion by 2030, and it was valued at USD 13.67 billion in 2022, and grow at a CAGR of 6.9% over the forecast period 2023-2030.
Smart glass is a highly technologically advanced product that can change from clear to opaque quickly. These technologies can help improve indoor productivity by providing an external view and maintaining environmental sustainability. Smart glasses are used in restaurants, hospitals, and residences as well as commercial buildings that are being renovated to make them more economical.
The energy-saving limit of saving glass.
Expanded populace and ascend in interest in foundation projects
Specialized misfires in working.
The provisions are fixed because of creation issues.
Developing requirements for reasonable structures.
Expanded extra cash, mechanical redesigns, and prodding an ascent in unique hardware makers (OEMs).
High introductory expenses of R&D and fabricating.
Fabricating process requires profoundly progressed and refined hardware.
IMPACT OF COVID-19:
Saint-Gobain (France), AGC Inc. (Japan), NSG Group (Japan), Research Frontier (US), Gentex Corporation (US), View Inc (US), Corning (US), Showa Denko Materials (Japan), Pleotint (US), and Smartglass International are among the market's major players (Ireland). Manufacturing facilities and corporate offices for these companies can be found in Asia Pacific, Europe, North America, and the rest of the world. These companies' smart glass products are acquired by a variety of stakeholders for diverse applications. COVID-19 impacted not just the operations of smart glass manufacturers, but also their suppliers and distributors. In the medium term, the drop in export shipments and weak domestic demand for smart glass products compared to pre-COVID-19 levels is projected to have a negative impact on and slightly stagnant demand for smart glass. During the first half of 2020, the major players in this industry have seen the impact of the pandemic on their smart home order intakes.
Based on technology, the smart glass market is divided into Suspended Particle Display, Liquid Crystal, Photochromic, PDLC, Electrochromic, Microblind, Thermochromic and more. The SPD segment controls the global smart and electrochromic glass market to record high growth. The SPD segment is expected to show a significant share of the smart glass market. This is also reflected in the levels of energy consumption in commercial and industrial buildings. Reducing electricity can increase energy savings due to daytime consumption. On the other hand, the electrochromic Technology component is estimated to record high growth rates during the forecast period. Due to its reduced response time for the application of glass effects and high sealing power to UV rays, this component has disposable revenue levels. In addition to this, there is a growing demand for luxury cars under the electrochromic technology component.
Based on application, the smart glass market is divided into Architecture, Power Generation Plants, Transportation, Consumer Electronics & Others. Transportation and power generation is the growing sector in smart glass market.
The key market players in Global Smart Glass Market are Hitachi Chemical Co, Chromogenics AB, PPG Industries, Innovative Glass Corporation, Ravenwindow, Gentex Corporation, Merck, AGC Inc., Corning Incorporated, Gentex Corporation, Nippon Sheet Glass Co., Ltd., Showa Denko Materials Co., Ltd., VELUX Group, Vision Systems, E-Chromic Technologies INC., Saint-Gobain Group, LTI Smart Glass Inc, Kinestral Technologies Inc., AGC Inc, Pleotint Llc, Gauzy Ltd., Guardian Industries, Research Frontiers Inc. and other
KEY MARKET SEGMENTATION:
Suspended Particle Display
BY CONTROL MODE
Power Generation Plants
Consumer Electronics & Others
Given topographical division, the brilliant glass market incorporates North America, South America, Europe, Asia Pacific, Middle-East, and Africa. North America is supposed to acquire a huge development in the impending time frame because of the developing ubiquity and ascend in financing. Besides, viable expenses and reasonableness are bound to bring about a huge development.
The Asia Pacific is bound to bring about a significant development rate in the impending years. Additionally, expansion in the extent of IoT administrations is bound to bring about the advancement of internet providers around here.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 8.01 Billion|
|Market Size by 2030||US$ 13.67 Billion|
|CAGR||CAGR of 6.9% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Technology (Suspended Particle Display, Liquid Crystal, Photochromic, PDLC, Electrochromic, Microblind, Thermochromic)
• By Control Mode (Dimmers, Remote Control, Switches, Others)
• By Application (Architecture, Power Generation Plants, Transportation, Consumer Electronics & Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Hitachi Chemical Co, Chromogenics AB, PPG Industries, Innovative Glass Corporation, Ravenwindow, Gentex Corporation, Merck, AGC Inc., Corning Incorporated, Gentex Corporation, Nippon Sheet Glass Co., Ltd., Showa Denko Materials Co., Ltd.|
|Key Drivers||• The energy-saving limit of saving glass.
• Expanded populace and ascend in interest in foundation projects
|RESTRAINTS||• Specialized misfires in working.
• The provisions are fixed because of creation issues.
Frequently Asked Questions (FAQ) :
The Smart Glass Market size was valued at 4.7 billion in 2021 at a CAGR of 6.9%.
Expanded extra cash, mechanical redesigns, and prodding an ascent in unique hardware makers (OEMs) are the opportunities in the Smart Glass Market.
The key market players in Global Smart Glass Market are Hitachi Chemical Co, Chromogenics AB, PPG Industries , Innovative Glass Corporation , Ravenwindow , Gentex Corporation , Merck , AGC Inc., Corning Incorporated, Gentex Corporation, Nippon Sheet Glass Co., Ltd., Showa Denko Materials Co., Ltd., VELUX Group, Vision Systems, E-Chromic Technologies INC., Saint-Gobain Group , LTI Smart Glass Inc , Kinestral Technologies Inc. , AGC Inc , Pleotint Llc , Gauzy Ltd., Guardian Industries, Research Frontiers Inc. and other. 24 companies are covered in this report.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Smart Glass Market Segmentation, by technology
8.2 Suspended Particle Display
8.3 Liquid Crystal
9. Global Smart Glass Market Segmentation, by control mode
9.3 Remote Control
10. Global Smart Glass Market Segmentation, By application
10.3 Power Generation Plants
10.5 Consumer Electronics
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Chromogenics AB.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Hitachi Chemical Co
12.3 PPG Industries
12.4 Innovative Glass Corporation
12.6 Gentex Corporation
12.8 AGC Inc.
12.9 Corning Incorporated
12.10 Gentex Corporation
12.11 Nippon Sheet Glass Co., Ltd.
12.12 Showa Denko Materials Co., Ltd.
12.13 VELUX Group
12.14 Vision Systems
12.15 E-Chromic Technologies INC.
12.16 Saint-Gobain Group
12.17 LTI Smart Glass Inc
12.18 Kinestral Technologies Inc.
12.19 AGC Inc
12.20 Pleotint Llc
12.21 Gauzy Ltd.
12.22 Guardian Industries
12.23 Research Frontiers Inc.
12.24 Smartglass International Limited
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
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