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Smart Glass and Window Market

Smart Glass and Window Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021

Global Smart Glass and Window Market Insights 

Rising concerns pertaining to energy efficiency among construction companies, building managers, and owners have been fuelling demand for smart glass and window. With leading players exploring applications beyond conventional sectors, Transparency Market Research (TMR) forecasts, the global smart glass and window market to surge at a 14.7% CAGR from 2015 to 2021.

Besides their rising installation across green buildings, demand for smart glass and windows is also expected increase in the automotive, marine, power generation, and construction sectors. Currently, the market has a stronger footprint in developed regions. However, during the course of the forecast period and as a consequence of robust infrastructural development, deployment of smart glass and windows is likely to be widespread across emerging economies.

The global smart glass and window market stood at US$2.25 bn in 2014, says TMR. The market is expected to reach US$6.07 bn by the end of 2021.

 

smart-glass-and-window-market

 

Automotive and Construction Sectors Exhibit Highest Demand for Smart Glass and Window

Industries such as marine, construction, automotive, and aircraft presently exhibit the highest demand for smart glass and windows. Of these, the automotive segment emerged dominant in the market, accounting for a share of 46.6% in 2014.

Demand for vehicles offering improved fuel-efficiency will increase exponentially in the forthcoming years. Vehicle manufacturers are therefore exploring the latest technologies to render cars more fuel-efficient. TMR expects the advent of smart glass and window to considerably aid the objectives of auto-manufacturers. Several leading car manufacturers have already incorporated the technology in side view and rear view mirrors. This will bode well for smart glass and window sales.

Construction in the same year emerged as the second-largest application segment in the global smart glass and window market. It held over 43.6% of the market in 2014. The rising need of efficient energy consumption in commercial, corporate, as well as residential buildings will boost installation of smart glasses and windows across the construction sector.

Technological Advancements in North America Boost Installation of Smart Glass and Window across Various Sectors

The global smart glass and window market comprises North America, Asia Pacific, Europe, and Rest of the World. Among these regions, North America emerged dominant in the market in 2014, with a share of 31.8%. The North America smart glass and window market is projected to rise at a CAGR of 14.7% between 2015 and 2021.

The region witnesses rapid technological advancements, high demand for energy-efficient products, and supportive government regulations. Spurred by these factors, the installation of smart glass and windows has significantly increased across the automotive, construction, marine, and other sectors in the region. The U.S. emerged as the largest market for smart glass and window in the region, followed by Canada.

Europe held the second-largest market share in 2014 and is expected to exhibit a CAGR of 15.8% in the forecast period. TMR expects demand from Asia Pacific to rise as well in the forthcoming years. Robust infrastructural development and urbanization witnessed across emerging economies are fueling the demand for energy in the region. This will subsequently bolster sales prospects for smart glass and window manufacturers in the region.

Saint Gobain S.A., Research Frontiers Inc., Asahi Glass Co., Ltd., View Inc., Hitachi Chemicals Co., Ltd., Pleotint Llc, and PPG Industries Inc. are identified in the report as the key players in the global smart glass and window market.

Rising Popularity of Green Buildings to Bring Profitable Growth Opportunities for the Smart Glass and Window Market

The world has seen extensive technological developments over the years that have helped in improving the quality of life. These technologies will continue to attract extensive demand. Smart glass and windows are one of them. The growing popularity of these materials will bring immense growth opportunities for the smart glass and window market across the assessment period of 2015-2021.

  • Smart glass is a special type of glass that transforms its appearance and light transmission properties according to the changes in voltage, heat, or light. With the growing advancements across the infrastructure sector and the influence of urbanization spreading rapidly around the globe, the smart glass and window market will witness great growth opportunities. Unique properties and the advantages attached to smart glasses and windows will invite exponential growth prospects.
  • The heightening use of smart glass and windows across the construction sector will add extra stars of growth. The inclination of a large chunk of individuals toward environmental conservation has given rise to the popularity of eco-construction initiatives. The government bodies of numerous countries are also promoting the construction of green buildings. All these factors increase the demand for smart glass and windows. Thus, these aspects bode well for growth.
  • The COVID-19 pandemic has changed the growth projections of almost all businesses and sectors. The smart glass and window market is no stranger. The growing prevalence of the transmission of coronavirus forced many countries to impose strict restrictions on the movement and the gathering of people. These aspects led to tremendous losses as manufacturing facilities and production units were shut completely. The shutdown eventually damaged the growth prospects of the smart glass and window market.
  • To bring the economy back on track, the governments of many countries announced the easing of lockdown restrictions. These relaxations will serve as a relief to the players in the smart glass and window market.


    Chapter 1 Preface
    1.1 Report Description
    1.2 Research Scope
    1.2 Key Take Away
    1.3 Research Methodology

    Chapter 2 Executive Summary

    Chapter 3 Smart Glass and Window Market Overview
    3.1 Introduction
    3.2 Nature of the Market
    3.3 Market Dynamics
          3.3.1 Market Drivers
                  3.3.1.1 Increasing need for energy efficiency 
                  3.3.1.2 Rising demand for smart glasses in automobiles 
          3.3.2 Market Restraints
                  3.3.2.1 High cost of smart glass
          3.3.3 Market Opportunities
                  3.3.3.1 Growing demand from Asia Pacific
                  3.3.3.1 Expansion in existing and new application areas
    3.4 Market share by Smart Glass and Window Key Players, 2014 (Value %)
          3.4.1 Competative Strategis Adopted by Major Players
    3.5 Global Smart Glass and Window Market: Market Attractiveness Analysis

    Chapter 4 Global Smart Glass and Window Market: By Technology
    4.1 Overview
    4.2 Global Active SmartGlass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          4.2.1 Global Polymer Dispersed Liquid Crystals (PDLC) Market Revenue Forecast, 2014 – 2021 (USD million)
          4.2.2 Global Suspended Particle Device (SPD) Market Revenue Forecast, 2014 – 2021 (USD million)
          4.2.3 Global Electrochromic Market Revenue Forecast, 2014 – 2021 (USD million)
          4.2.4 Global Other Types of Active Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    4.3 Global Passive Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          4.3.1 Global Passive Photochromic Market Revenue Forecast, 2014 – 2021 (USD million)
          4.3.2 Global Passive Thermochromic Market Revenue Forecast, 2014 – 2021 (USD million)

    Chapter 5 Global Smart Glass and Window Market: By Application
    5.1 Overview
          5.1.1 Global Smart Glass and Window Market Revenue Share (%), by Application, 2014 and 2021
    5.2 Global Automotive Market Revenue Forecast, 2014 – 2021 (USD million)
    5.3 Global Aircraft Market Revenue Forecast, 2014 – 2021 (USD million)
    5.4 Global Construction Market Revenue Forecast, 2014 – 2021 (USD million)
    5.5 Global Marine Market Revenue Forecast, 2014 – 2021 (USD million)

    Chapter 6 Global Smart Glass and Window Market by Geography
    6.1 Overview
          6.1.1 Global Smart Glass and Window Market Revenue Share (%), by Geography, 2014 and 2021
    6.2 North America Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.2.1 North America Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
          6.2.2 North America Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)
          6.2.3 U.S. Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.2.4 Canada Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.2.5 Other Parts of North AmericaSmart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    6.3 Europe Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.3.1 Europe Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
          6.3.2 Europe Smart Glass and Window Market Revenue and Forecast, by Application, 2014 – 2021 (USD million)
          6.3.3 U.K. Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million))
          6.3.4 Germany Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.3.5 France Smart Glass and Window Market Revenue and Forecast, 2014 – 2021 (USD million)
          6.3.6 Italy Smart Glass and Window Market Revenue and Forecast, 2014 – 2021 (USD million)
          6.3.7 Rest of Europe Smart Glass and Window Market Revenue and Forecast, 2014 – 2021 (USD million)
    6.4 Asia Pacific Smart Glass and Window Market Revenue and Forecast, 2014 – 2021 (USD million)
          6.4.1 Asia Pacific Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
          6.4.2 Asia Pacific Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)
          6.4.3 Asia Pacific Smart Glass and Window Market Revenue Forecast, by, Application, 2014 – 2021 (USD million)
          6.4.4 Australia Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.4.5 Japan Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.4.6 South Korea Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.4.7 Rest of Asia Pacific Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    6.5 Rest of the World (RoW) Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.5.1 Rest of the World (RoW) Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
          6.5.2 Rest of the World (RoW) Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)
          6.5.3 Latin America Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.5.4 Saudi Arabia Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.5.5 UAE Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
          6.5.6 South Africa Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)

    Chapter 7 Company Profiles
    7.1 Research Frontiers, Inc.
    7.2 View, Inc.
    7.3 Pleotint Llc.
    7.4 Asahi Glass Co., Ltd.
    7.5 Compagnie de Saint-Gobain S.A. 
    7.6 Hitachi Chemical Co., Ltd.

    List of Tables

    TABLE 1 Snapshot: Global Smart Glass and Window Market
    TABLE 2 Drivers for global smart glass and window market: impact analysis
    TABLE 3 Restraints for global smart glass and window market
    TABLE 4 North America Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
    TABLE 5 North America Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)
    TABLE 6 Europe Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
    TABLE 7 Europe Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)
    TABLE 8 Asia Pacific Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
    TABLE 9 Asia Pacific Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)
    TABLE 10 Rest of the World Smart Glass and Window Market Revenue Forecast, by Technology, 2014 – 2021 (USD million)
    TABLE 11 Rest of the World Smart Glass and Window Market Revenue Forecast, by Application, 2014 – 2021 (USD million)

    List of Figures

    FIG. 1 Market Segmentation Smart Glass and Window Market
    FIG. 2 Market share by Smart Glass and Window key players, 2014 (Value %)
    FIG. 3 Global Smart Glass and Window Market: Market Attractiveness Analysis, By Application
    FIG. 4 Global Active Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 5 Global PDLC Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 6 Global SPD Smart Glass and Window market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 7 Global Electrochromic Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 8 Global Other Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 9 Global Passive Smart Glass and Window Market Revenue Forecast,2014 – 2021 (USD million)
    FIG. 10 Global Passive Photochromic Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 11 Global Passive Thermochromic Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 12 Global Smart Glass and Window Market Revenue Share (%), by Application, 2014 and 2021
    FIG. 13 Global Automotive Market, By Application Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 14 Global Aircraft Market, By Application Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 15 Global Construction Market, By Application Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 16 Global Marine Market, By Application Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 17 Global Smart Glass and Window Market Revenue Share (%), by Region, 2014 and 2021
    FIG. 18 North America Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 19 U.S. Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 20 Canada Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 21 Others Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 22 Europe Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 23 U.K. Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 24 Germany Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 25 France Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 26 Italy Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 27 Rest of Europe Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 28 Asia Pacific Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 29 China Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 30 Australia Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 31 Japan Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 32 South Korea Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 33 Rest of Asia Pacific Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 34 RoW Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 35 Latin America Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 36 Saudi Arabia Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 37 UAE Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)
    FIG. 38 South Africa Smart Glass and Window Market Revenue Forecast, 2014 – 2021 (USD million)

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Smart Glass and Window Market

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