Global Smart Glass Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
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., 2025–30.
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Global Smart Glass Market Dynamics: 2025-2030
Global Smart Glass Market Driver:
Surge in Urbanization & Infrastructural Development Augmenting Demand for Smart Glass – Growing urbanization has led to the expansion of cities as well as a massive migration of population from rural to urban spaces. With urbanization in developing regions such as Asia-Pacific, the Middle East, and Africa, the construction of residential & commercial spaces has grown extensively. Subsequently, this enhances the need for smart glass in commercial buildings, residential properties, transportation infrastructure, and public spaces. According to the United Nations Conference on Trade and Development (UNCTAD), 57% of the total world population lived in urban areas in 2021, which is further expected to rise to nearly 68% by 2030, leading to the enhancement of commercial & residential construction in the coming years.
Furthermore, rising government initiatives supporting the residential sector include providing capital & financing push to the buyers as well as the real estate developers to fuel the construction activities. The respective support by the government in developing regions such as the Middle East, Asia-Pacific, South America, etc., to expand home ownership among the citizens is another crucial aspect, driving demand for smart glass in the respective regions.
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Global Smart Glass Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Technology
-Electrochromic- Market Size & Forecast 2020-2030F, (USD Million)
-Suspended Particle Devices- Market Size & Forecast 2020-2030F, (USD Million)
-Liquid Crystal- Market Size & Forecast 2020-2030F, (USD Million)
--Polymer Dispersed Liquid Crystals (PDLCS) - Market Size & Forecast 2020-2030F, (USD Million)
--Twisted Nematic (TN) Liquid Crystals - Market Size & Forecast 2020-2030F, (USD Million)
-Thermochromic- Market Size & Forecast 2020-2030F, (USD Million)
-Photochromic- Market Size & Forecast 2020-2030F, (USD Million)
-Micro-Blinds- Market Size & Forecast 2020-2030F, (USD Million)
-Others- Market Size & Forecast 2020-2030F, (USD Million)
The electrochromic segment is anticipated to witness significant growth in the coming years due to its exceptional versatility and energy-efficient characteristics.
By Mechanism
-Active- Market Size & Forecast 2020-2030F, (USD Million)
-Passive- Market Size & Forecast 2020-2030F, (USD Million)
By Control Systems
-Manual- Market Size & Forecast 2020-2030F, (USD Million)
-Remote- Market Size & Forecast 2020-2030F, (USD Million)
-Mobile-based- Market Size & Forecast 2020-2030F, (USD Million)
-Voice-based- Market Size & Forecast 2020-2030F, (USD Million)
By End User
-Architecture- Market Size & Forecast 2020-2030F, (USD Million)
--Residential- Market Size & Forecast 2020-2030F, (USD Million)
--Commercial- Market Size & Forecast 2020-2030F, (USD Million)
-Transportation- Market Size & Forecast 2020-2030F, (USD Million)
--Automotive- Market Size & Forecast 2020-2030F, (USD Million)
--Aerospace- Market Size & Forecast 2020-2030F, (USD Million)
--Marine- Market Size & Forecast 2020-2030F, (USD Million)
-Power Generation Plants- Market Size & Forecast 2020-2030F, (USD Million)
-Consumer Electronics & Others- Market Size & Forecast 2020-2030F, (USD Million)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
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.
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Top Companies Operating in the Global Smart Glass Market:
-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.
Industry Recent Development:
- In 2023: Saint Gobain announced plans to invest around USD 400 million to expand its production capacity at four key manufacturing locations in the US. It includes various businesses, including Gypsum, Plasterboard, Float Glass, Solar Glass, Ceramics, etc.
- In 2023: AGC and Saint Globin, global manufacturers of flat glass, announced a collaborative effort to design a ground-breaking pilot flat glass production line aimed at substantially reducing its direct CO2 emissions. This advancement leads to the transformation of industrial flat glass lines to be powered by low-carbon electricity, surpassing the efficiency of gas solutions and resulting in significantly reduced carbon emissions for customers.
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