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Smart Glass Market

Smart Glass Market Size, Share & Segment 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), and By Regions | Global Market Forecast 2022-2028

Report Id: SNS/SEMI/1247 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Smart Glass Market Size will be valued at USD 7.5 billion by 2028, and it was valued at USD 4.71 billion in 2021, and grow at a CAGR of 6.9% over the forecast period 2022-2028.

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.

Smart Glass Market Revenue Graph

MARKET DYNAMICS: 

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.

OPPORTUNITIES: 

  • Developing requirements for reasonable structures.

  • Expanded extra cash, mechanical redesigns, and prodding an ascent in unique hardware makers (OEMs).

CHALLENGES: 

  • 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.

COMPETITIVE LANDSCAPE:

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:

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

Smart Glass Market Segment Pie Chart

REGIONAL ANALYSIS:

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.

REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The 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

 

Smart Glass Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 4.71 Billion
Market Size by 2028 US$ 7.5 Billion
CAGR CAGR of 6.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Smart Glass Market Segmentation, by technology

8.1Introduction

8.2 Suspended Particle Display

8.3 Liquid Crystal

8.4 Photochromic

8.5 PDLC

8.6 Electrochromic

8.7 Microblind

8.8 Thermochromic

8.9 Other

 

9. Global Smart Glass Market Segmentation, by control mode

9.1 Introduction

9.2 Dimmers

9.3 Remote Control

9.4 Switches

9.5 Others

 

10. Global Smart Glass Market Segmentation, By application

10.1 Introduction

10.2 Architecture

10.3 Power Generation Plants

10.4 Transportation

10.5 Consumer Electronics

10.6 Other

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3        Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4        Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5        The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6        Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

 

12. Company Profiles

12.1 Chromogenics AB.

12.1.1 Financial

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

12.5 Ravenwindow

12.6 Gentex Corporation

12.7 Merck

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

 

14. Conclusion

 

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Secondary Research

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