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Jun 26, 2023

Global Smart Glass Market to Reach $8.6 Billion by 2030

The global economy is at a critical crossroads with a number of interlocking

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

New York, March 08, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Glass Industry" - https://www.reportlinker.com/p05069930/?utm_source=GNW Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.Global Smart Glass Market to Reach $8.6 Billion by 2030In the changed post COVID-19 business landscape, the global market for Smart Glass estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$8.6 Billion by 2030, growing at aCAGR of 5.1% over the period 2022-2030. Electrochromic, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$7.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Liquid Crystal segment is readjusted to a revised 3.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 4.7% CAGRThe Smart Glass market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 52 Featured)- Active Glass Technologies- Asahi Glass Company Ltd.- Asahi India Glass Ltd. (AIS)- Clayton Glass Ltd.- Corning, Inc.- Essex Safety Glass Ltd.- Flat Glass Industries Ltd.- Gentex Corporation- Glass Apps, LLC- Guardian Industries- Intelligent Glass- InvisiShade, LLC- Nippon Sheet Glass Co., Ltd.- RavenWindow- Research Frontiers Inc.- SAGE Electrochromics, Inc.- Schott Corporation- Smartglass International Limited- Vario Glass, Inc.- View, Inc.Read the full report: https://www.reportlinker.com/p05069930/?utm_source=GNW I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Influencer Market Insights World Market Trajectories Smart Glass: Creating Intelligent Windows and Enabling Need Driven Multi-Functional Spaces Recent Market Activity Strong Growth Predicted for Smart Glass over the Next Few Years Growth Drivers in a Nutshell Key Growth Restraints Super Windows for Energy Efficiency Developed Markets Dominate, while Developing Markets Drive Growth China: The Fastest Growing Smart Glass Market Worldwide Transportation: The Largest and the Fastest Growing Application Sector Electrochromic Glass Adoption Growing Globally Smart Glass - Global Key Competitors Percentage Market Share in 2022 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS Active Glass Technologies PLC (UK) Asahi Glass Company Ltd. (Japan) Asahi India Glass Ltd. (AIS) (India) Clayton Glass Ltd. (UK) Corning, Inc. (USA) Essex Safety Glass Ltd. (UK) Flat Glass Industries Ltd. (Australia) Gentex Corporation (USA) Glass Apps, LLC (USA) Guardian Industries (USA) Hitachi Chemical Group (Japan) Intelligent Glass (UK) InvisiShade, LLC (USA) Nippon Sheet Glass Co., Ltd. (Japan) Pleotint, LLC (USA) RavenWindow (USA) Research Frontiers Incorporated (USA) Saint-Gobain SA (France) SAGE Electrochromics, Inc. (USA) Schott Corporation (USA) Scienstry, Inc. (USA) Smart Glass Country (Canada) SmartGlass International Limited (Ireland) Vario Glass, Inc. (Canada) View, Inc. (USA) 3. MARKET TRENDS & DRIVERS Myriad Benefits Offered by Smart Glass Windows Drive Widespread Adoption in Architectural Applications List of Exterior, Interior, and Projection Applications of Smart Glass in the Architectural Sector Smart Windows Offers Several Benefits to Building Owners Novel Smart Window Technology for the Building Retrofit Segment Towards Sustainable Building Materials and Building Methods Positive Outlook for the Global Construction Offers Growth Opportunities Focus on Energy Efficiency, Better Fuel Economy, and Improved Vehicle Designs Drive Robust Demand in the Automotive Industry Self-Cleaning and Self-Repairing Applications Gain Momentum Smart Glass to Provide Social Networking and Entertainment Features in Vehicles Smart Mirrors Dominate Smart Glass Applications in Automobiles Electrochromic Technology Dominates Smart Mirrors Application Self-Tinting in Automobiles: SPD-Based Smart Glass Rules the Market Niche Active Smart Window Technologies Offers Untapped Market Potential Lightweight Smart Glass: First-Choice Materials in Connected Cars Recovering Global Automobiles Production: An Important Opportunity Indicator Growing Concerns with Regard to Energy Loss Drive Demand for Switchable Smart Glass in Varied Applications Switchable Privacy Glass Panels Boardrooms and Conference Rooms Residential Front Doors Operating Theaters and Hospital Wards Prisons and Detention Rooms Retail Displays Financial Institutions Use of Privacy Glass Walls in Commercial and Residential Spaces Gain Momentum Designs for Living Room Bedroom Design Bathroom Design Restaurant and Bar Design Contemporary Office Designs Growing Trend towards Green/LEED Buildings Offer Lucrative Market Growth Opportunities Spiraling Electricity Usage and Resulting Energy Costs Spur Demand for Automatic Tinting Windows in the Building Sector Tinted Smart Glass Technology Revolutionizes Interior Design & Decor Customization of Designs to Suit Brand Color Experimenting with Patterns Complementing Existing Color Schemes Creating Roofs that Enrich Sky?s Natural Color Customization of Color of Floor Glasses Customizing Colors to Complement Prevailing Weather Color Tints Options in Privacy Smart Glass Superior Attributes of Active Smart Glass Promote Higher Growth than Passive Types Comparison of Active Smart Glass Technologies Aesthetics: The Fundamental Factor behind the Huge Popularity of Smart Windows Electrochromics and SPD: Leading Smart Glass Technologies PDLC Active Smart Glass Penetration Marred by Limited Capabilities Development of PDLC Technology Active smart glasses respond to electrical stimulus LCDs are today omnipresent Self-Adhesive-Switchable PDLC Film and Laminated-Switchable PDLC Glass Smart Windows in Aircrafts Enable Efficient Management of Light and Glare Smart Glass Solutions to Revolutionize the Air Travel Experience Smart Glass for Smart Yachts Smart Glass to Witness Large-Scale Adoption in the Electronics Sector Rising Popularity of Multiple Entertainment Displays Drive Smart Glass Demand in High-Performance Immersion Wall Growing Applications of Smart Glass in the Healthcare Sector Lends Traction to Market Growth Application of Smart Glass in Solar Panels to Open up New Growth Avenues Rising Investments in Infrastructure Projects Strengthens Market Prospects Key Factors Hampering Widespread Adoption of Smart Glass 4. GLOBAL MARKET PERSPECTIVE Table 1: World Recent Past, Current & Future Analysis for Smart Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 2: World 8-Year Perspective for Smart Glass by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030 Table 3: World Recent Past, Current & Future Analysis for Electrochromic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 4: World 8-Year Perspective for Electrochromic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 5: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 6: World 8-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 7: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 8: World 8-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 9: World Recent Past, Current & Future Analysis for Architectural by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 10: World 8-Year Perspective for Architectural by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 11: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 12: World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 13: World Recent Past, Current & Future Analysis for Liquid Crystal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 14: World 8-Year Perspective for Liquid Crystal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 15: World Recent Past, Current & Future Analysis for Photochromic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 16: World 8-Year Perspective for Photochromic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030 Table 17: World Smart Glass Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030 III. MARKET ANALYSIS UNITED STATES Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E) Table 18: USA Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 19: USA 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 20: USA Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 21: USA 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 CANADA Table 22: Canada Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 23: Canada 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 24: Canada Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 25: Canada 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 JAPAN Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E) Table 26: Japan Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 27: Japan 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 28: Japan Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 29: Japan 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 CHINA Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E) Table 30: China Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 31: China 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 32: China Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 33: China 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 EUROPE Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E) Table 34: Europe Recent Past, Current & Future Analysis for Smart Glass by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR Table 35: Europe 8-Year Perspective for Smart Glass by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030 Table 36: Europe Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 37: Europe 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 38: Europe Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 39: Europe 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 FRANCE Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E) Table 40: France Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 41: France 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 42: France Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 43: France 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 GERMANY Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E) Table 44: Germany Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 45: Germany 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 46: Germany Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 47: Germany 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 ITALY Table 48: Italy Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 49: Italy 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 50: Italy Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 51: Italy 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 UNITED KINGDOM Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E) Table 52: UK Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 53: UK 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 54: UK Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 55: UK 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 REST OF EUROPE Table 56: Rest of Europe Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 57: Rest of Europe 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 58: Rest of Europe Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 59: Rest of Europe 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 ASIA-PACIFIC Smart Glass Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E) Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 61: Asia-Pacific 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 63: Asia-Pacific 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 REST OF WORLD Table 64: Rest of World Recent Past, Current & Future Analysis for Smart Glass by Technology - Electrochromic, Liquid Crystal, Photochromic and Other Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 65: Rest of World 8-Year Perspective for Smart Glass by Technology - Percentage Breakdown of Value Sales for Electrochromic, Liquid Crystal, Photochromic and Other Technologies for the Years 2023 & 2030 Table 66: Rest of World Recent Past, Current & Future Analysis for Smart Glass by Application - Transportation, Architectural and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR Table 67: Rest of World 8-Year Perspective for Smart Glass by Application - Percentage Breakdown of Value Sales for Transportation, Architectural and Other Applications for the Years 2023 & 2030 IV. COMPETITIONRead the full report: https://www.reportlinker.com/p05069930/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________