The Global Smart Glass Market is estimated to be USD 11.02 Bn in 2021 and is expected to reach USD 14.66 Bn by 2026, growing at a CAGR of 5.87%.
Market Dynamics
The Global Smart Glass Market is driving due to the growing demand for smart glass in various automobiles, aviation, transportation, constructions, etc. The price reduction of electrochromic materials includes a decrease in maintenance cost with optimal energy saving through smart glass applications that drive the market's growth.
Additionally, increasing government support and mandate regulations for energy-efficient construction solutions are fuelling the market's growth. On the other hand, high costs associated with smart glass, especially in high-end and luxury vehicles, and technical issues may affect the smart glass performance. These are the factors restricting the growth of the market.
Furthermore, the emergence of eco-friendly buildings, growing demand for energy-efficient products, raising solar power generation plants & unconventional power sources, and tapping potential avenues will create opportunities for the market to grow in the forecasted period. Moreover, the high cost associated with an initial investment to perform research and development activities and manufacturing and lack of awareness of the long-term benefits of smart glass are the challenges that may negatively affect the global smart glass market.
Company Profiles
Some of the companies covered in this report are AGC, Inc, Compagnie de Saint-Gobin S.A., Corning Incorporated, Gentex Corporation, Glass Apps LLC, Nuclear Suppliers Group, Pleotint LLC, Research Frontiers, Showa Denko Materials Co Ltd, and View, Inc, etc.
Countries Studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Smart Glass Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers 4.1 Drivers 4.1.1 Growing Demand for Smart Glass in Various Applications 4.1.2 Price Reduction with Optimal Energy Saving 4.1.3 Increasing Government Support and Mandate Legislations 4.2 Restraints 4.2.1 High Cost Associated with Smart Glass 4.2.2 Poor Performance Due to Technical Issue 4.3 Opportunities 4.3.1 The emergence of Eco-Friendly Buildings 4.3.2 Growing Demand for Energy Efficient Products 4.3.3 Rising Solar Power Generation Plants 4.4 Challenges 4.4.1 High Cost Associated with Manufacturing and R&D Activities 4.4.2 Lack of Awareness related to Benefits of Smart Glass
5 Market Analysis 5.1 Porter's Five Forces Analysis 5.2 Impact of COVID-19 5.3 Ansoff Matrix Analysis
6 Global Smart Glass Market, By Technology Type 6.1 Introduction 6.2 Active Glass 6.2.1 Electrochromic Glass 6.2.2 Liquid Crystals (L.C.s) 6.2.3 Polymers Dispersed Liquid Crystals (PDLCs) Glass 6.2.4 Micro-Blinds 6.2.5 Nanocrystals 6.2.6 Suspended Particle Displays (SPD) 6.3 Passive Glass 6.3.1 Photochromic Glass 6.3.2 Thermochromic Glass 6.4 Others 6.4.1 Photovoltaic And OLED Lighting 6.4.2 3D Gorilla Glass 6.4.3 Smart Controls
7 Global Smart Glass Market, By Mode of Control Type 7.1 Introduction 7.2 Dimmer 7.3 Remote 7.4 Switches 7.5 Others
8 Global Smart Glass Market, By End-Use Type 8.1 Introduction 8.2 Architectural 8.2.1 Commercial 8.2.2 Corporate 8.2.3 Educational Buildings 8.2.4 Healthcare and Lab Facilities 8.2.5 Retail 8.2.6 Residential 8.3 Transportation 8.3.1 Automotive 8.3.1.1 Bus/Rail 8.3.1.2 Rear View Mirrors 8.3.1.3 Sunroofs 8.3.1.4 Windows 8.3.1.5 Windshields 8.3.2 Aerospace 8.3.2.1 Dimmable Windows 8.3.2.2 Exit Doors 8.3.3 Marine 8.3.3.1 Windows 8.3.3.2 Skylight 8.3.4 Power Generation Plant (Solar) 8.3.5 Consumer Electronics and Others 8.3.5.1 Museum Artwork Exposition 8.3.5.2 Sunglasses 8.3.5.3 Others
9 Global Smart Glass Market, By Geography
10 Competitive Landscape 10.1 Competitive Quadrant 10.2 Market Share Analysis 10.3 Strategic Initiatives 10.3.1 M&A and Investments 10.3.2 Partnerships and Collaborations 10.3.3 Product Developments and Improvements
11 Company Profiles 11.1 AGC, Inc 11.2 AGP America S.A. 11.3 America Insulated Glass, LLC 11.4 Bowers Group 11.5 Central Glass Co Ltd 11.6 ChromeGenics AB 11.7 Chorum Technologies, Inc 11.8 Compagnie de Saint-Gobin S.A. 11.9 Coring Incorporated 11.10 Fuyao Glass Industry Group Co Ltd 11.11 Gauzy Ltd 11.12 Gentex Corporation 11.13 Glass Apps LLC 11.14 Kinestral Technologies, Inc 11.15 Miru Smart Technologies 11.16 Nippon Steel Glass Co Ltd 11.17 Nuclear Suppliers Group 11.18 Pleotint LLC 11.19 PPG Industries, Inc 11.20 PGW Auto Glass, LLC 11.21 RavenWindow 11.22 Research Frontiers 11.23 Scienstry 11.24 Showa Denko Materials Co Ltd 11.25 Smartglass Internationals 11.26 Smart Films International 11.27 SPD Control Systems Corporation 11.28 Taiwan Glass Group 11.29 VELUX Group 11.30 View, Inc 11.31 Vitrum Glass Group 11.32 Xinyi Glass Holdings Limited
