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Smart Glass Market to Soar USD 9083.7 million |Inflate CAGR 17.8% by 2025

Press release   •   Jan 14, 2020 04:39 EST

The global smart glass market is expected to grow at 17.8% CAGR, witnessing substantial growth during the forecast period. The market was valued at USD 2870.6 million in 2017; it is expected to reach USD 9083.7 million by 2025.

The new research from Ameco Research on Global ​Smart Glass Market Report for 2025 intends to offer a target audience with a fresh outlook on the market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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Global Smart Glass Market Research Report: By Technology (Electrochromic Technology, PDLC, SPD, Photochromic and others), By Application (Architectural and Construction, Transportation, Automotive, Aircraft, Marine, Consumer Goods and Power Generation), by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast till 2025

Market Analysis

The global smart glass market is expected to grow at 17.8% CAGR, witnessing substantial growth during the forecast period. The market was valued at USD 2870.6 million in 2017; it is expected to reach USD 9083.7 million by 2025. Smart glasses are electronically controlled devices allow users to control the amount of light, glare, and heat passing through the glass, manually or automatically. Smart glasses can be controlled by various methods, such as automatic photo sensors, motion detectors, smartphone, knobs, or light switches to regulate the amount of light and heat passing through them. The light control offered by smart glasses can save significant amounts of energy on heating, cooling, and lighting. Growing demand for smart glass in transportation applications and use of smart glass in healthcare are factors expected to drive the smart glass market during the forecast period. However, high cost and security concern is expected to restrain the market growth during the forecast period. Further, high potential for solar energy solutions is expected to act as an opportunity for the global smart glass market during the forecast period.

Market Segmentation

Based on technology, the market has been classified as electrochromic technology, PDLC, SPD, photochromic, and others. The SPD segment accounted for the larger market share in 2017, with a market value of USD 949.7 million during the forecast period. The electrochromic technology segment is the second largest segment; it is expected to register the highest CAGR during the forecast period. Electrochromism is a technique where the color of a substance is controlled by applying voltage. Polymer Dispersed Liquid Crystal (PDLC) is a smart glass technology, which is a combination of polymers and liquid crystals. Suspended particle devices or SPD glasses enable users to instantly control the dimming properties of their windows. These smart glasses are controlled manually with dimmer switch, by remote control. Photochromic technology is used in the transitional lens. The photochromic glass becomes darker in sunlight and lightens in soft light.


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Regional Analysis

The global smart glass market, by region, has been segmented into Asia-Pacific, North America, Europe, Middle East and Africa and South America. Asia-Pacific is expected to dominate the Smart Glass Market during the forecast period due the capability to protect human skin by blocking the ultraviolet (UV) rays and also prevent the fabric and furniture near windows from fading.

Major Players

The key players of global smart glass market are Saint-Gobain Group (France), Ravenwindow (Ravenbrick LLC) (US), PPG Industries, Inc (US), LTI Smart Glass, Inc (US), Kinestral Technologies, Inc. (US), Gentex Corporation (US), Merck KGAA (Germany), Pleotint Llc (US), E-Chromic Technologies, INC. (US), Chromogenics AB (Sweden), AGC Inc (Japan), Hitachi Chemical Co., Ltd (Japan), Nippon Sheet Glass Co., Ltd (Japan), and Innovative Glass Corporation (US), among others.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Smart Glass Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Smart Glass Market Research Report—Forecast till 2025

1 EXECUTIVE SUMMARY

1.1 OVERVIEW

1.1.1 MARKET SYNOPSIS

1.1.2 SMART GLASS MARKET, BY REGION, MARKET SHARE (%)

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 FORECAST MODEL

3.6 LIST OF ASSUMPTIONS

4 MARKET INSIGHTS

4.1 NORTH AMERICA SMART GLASS MARKET: MARKET SIZE (USD MILLION) & MARKET SHARE (%)

4.2 EUROPE SMART GLASS MARKET: MARKET SIZE (USD MILLION) & MARKET SHARE (%)

4.3 ASIA-PACIFIC SMART GLASS MARKET: MARKET SIZE (USD MILLION) & MARKET SHARE (%)

4.4 MIDDLE EAST & AFRICA SMART GLASS MARKET: MARKET SIZE (USD MILLION) & MARKET SHARE (%)

4.5 SOUTH AMERICA SMART GLASS MARKET: MARKET SIZE (USD MILLION) & MARKET SHARE (%)

5 MARKET DYNAMICS

5.1 DRIVER, RESTRAINT, AND OPPORTUNITY OVERVIEW

5.2 DRIVERS

5.2.1 GROWING DEMAND FOR SMART GLASS IN TRANSPORTATION APPLICATIONS

5.2.2 USE OF SMART GLASS IN HEALTHCARE

5.2.3 DRIVER IMPACT ANALYSIS

5.3 RESTRAINT

5.3.1 HIGH COST AND SECURITY CONCERN

5.3.2 RESTRAINT IMPACT ANALYSIS

5.4 OPPORTUNITY

5.4.1 HIGH POTENTIAL FOR SOLAR ENERGY SOLUTIONS

5.5 TRENDS

5.5.1 EMERGENCE OF SIMULTANEOUS LOCALIZATION AND MAPPING (SLAM) TECHNOLOGY

6 MARKET FACTOR ANALYSIS

6.1 VALUE CHAIN ANALYSIS

6.1.1 MANUFACTURERS

6.1.2 SYSTEM INTEGRATORS

6.1.3 DISTRIBUTION CHANNELS

6.1.4 END USERS

6.2 PORTERS FIVE FORCES

6.2.1 THREAT OF NEW ENTRANTS

6.2.1 INTENSITY OF RIVALRY

6.2.2 THREAT OF SUBSTITUTES

6.2.3 BARGAINING POWER OF SUPPLIERS

6.2.4 BARGAINING POWER OF BUYERS

7 GLOBAL SMART GLASS MARKET, BY TECHNOLOGY

7.1 OVERVIEW

7.2 ELECTROCHROMIC TECHNOLOGY

7.3 PDLC

7.4 SPD

7.5 PHOTOCHROMIC

8 GLOBAL SMART GLASS MARKET, BY APPLICATION

8.1 OVERVIEW

8.2 ARCHITECTURAL AND CONSTRUCTION

8.3 TRANSPORTATION

8.4 AUTOMOTIVE

8.5 AIRCRAFT

8.6 MARINE

8.7 CONSUMER GOODS

8.8 POWER GENERATION

9 GLOBAL SMART GLASS MARKET, BY REGION

9.1 OVERVIEW

9.2 NORTH AMERICA

9.2.1 MARKET ESTIMATE & FORECAST, BY COUNTRY

9.2.2 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.2.3 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.2.4 US

9.2.4.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.2.4.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.2.5 CANADA

9.2.5.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.2.5.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.2.6 MEXICO

9.2.6.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.2.6.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.3 EUROPE

9.3.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.3.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.3.3 UK

9.3.3.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.3.3.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.3.4 GERMANY

9.3.4.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.3.4.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.3.5 FRANCE

9.3.5.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.3.5.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.3.6 REST OF EUROPE

9.3.6.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.3.6.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.4 ASIA-PACIFIC

9.4.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.4.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.4.3 CHINA

9.4.3.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.4.3.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.4.4 JAPAN

9.4.4.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.4.4.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.4.5 INDIA

9.4.5.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.4.5.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.4.6 SOUTH KOREA

9.4.6.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.4.6.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.4.7 REST OF ASIA-PACIFIC

9.4.7.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.4.7.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.5 MIDDLE EAST & AFRICA

9.5.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.5.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.5.3 SAUDI ARABIA

9.5.3.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.5.3.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.5.4 UAE

9.5.4.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.5.4.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.5.5 REST OF MIDDLE EAST & AFRICA

9.5.5.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.5.5.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.6 SOUTH AMERICA

9.6.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.6.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.6.3 BRAZIL

9.6.3.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.6.3.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.6.4 ARGENTINA

9.6.4.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.6.4.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

9.6.5 REST OF SOUTH AMERICA

9.6.5.1 MARKET ESTIMATE & FORECAST, BY TECHNOLOGY

9.6.5.2 MARKET ESTIMATE & FORECAST, BY APPLICATION

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW

10.2 MARKET SHARE ANALYSIS

10.3 COMPETITIVE BENCHMARKING

11 COMPANY PROFILES

11.1 SAINT-GOBAIN GROUP

11.1.1 COMPANY OVERVIEW

11.1.2 FINANCIAL OVERVIEW

11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.4 KEY DEVELOPMENTS

11.1.5 SWOT ANALYSIS

11.1.6 KEY STRATEGIES

11.2 RAVENWINDOW (RAVENBRICK LLC)

11.2.1 COMPANY OVERVIEW

11.2.2 FINANCIAL OVERVIEW

11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.2.4 KEY DEVELOPMENTS

11.3 PPG INDUSTRIES, INC.

11.3.1 COMPANY OVERVIEW

11.3.2 FINANCIAL OVERVIEW

11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.3.4 KEY DEVELOPMENTS

11.3.5 SWOT ANALYSIS

11.3.6 KEY STRATEGIES

11.4 LTI SMART GLASS, INC.

11.4.1 COMPANY OVERVIEW

11.4.2 FINANCIAL OVERVIEW

11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.4.4 KEY DEVELOPMENTS

11.5 KINESTRAL TECHNOLOGIES, INC.

11.5.1 COMPANY OVERVIEW

11.5.2 FINANCIAL OVERVIEW

11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.5.4 KEY DEVELOPMENTS

11.6 GENTEX CORPORATION

11.6.1 COMPANY OVERVIEW

11.6.2 FINANCIAL OVERVIEW

11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.6.4 KEY DEVELOPMENTS

11.6.5 SWOT ANALYSIS

11.6.6 KEY STRATEGIES

11.7 MERCK KGAA

11.7.1 COMPANY OVERVIEW

11.7.2 FINANCIAL OVERVIEW

11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.7.4 KEY DEVELOPMENTS

11.7.5 SWOT ANALYSIS

11.8 PLEOTINT LLC

11.8.1 COMPANY OVERVIEW

11.8.2 FINANCIAL OVERVIEW

11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.8.4 KEY DEVELOPMENTS

11.9 E-CHROMIC TECHNOLOGIES, INC.

11.9.1 COMPANY OVERVIEW

11.9.2 FINANCIAL OVERVIEW

11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.9.4 KEY DEVELOPMENTS

11.10 CHROMOGENICS AB

11.10.1 COMPANY OVERVIEW

11.10.2 FINANCIAL OVERVIEW

11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.10.4 KEY DEVELOPMENTS

11.10.5 KEY STRATEGIES

11.11 AGC INC.

11.11.1 COMPANY OVERVIEW

11.11.2 FINANCIAL OVERVIEW

11.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.11.4 KEY DEVELOPMENTS

11.11.5 SWOT ANALYSIS

11.11.6 KEY STRATEGIES

11.12 HITACHI CHEMICAL CO., LTD

11.12.1 COMPANY OVERVIEW

11.12.2 FINANCIAL OVERVIEW

11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.12.4 KEY DEVELOPMENTS

11.12.5 SWOT ANALYSIS

11.12.6 KEY STRATEGIES

11.13 NIPPON SHEET GLASS CO., LTD

11.13.1 COMPANY OVERVIEW

11.13.2 FINANCIAL OVERVIEW

11.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.13.4 KEY DEVELOPMENTS

11.13.5 SWOT ANALYSIS

11.13.6 KEY STRATEGIES

11.14 INNOVATIVE GLASS CORPORATION

11.14.1 COMPANY OVERVIEW

11.14.2 FINANCIAL OVERVIEW

11.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.14.4 KEY DEVELOPMENTS"

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