Uploaded on Feb 25, 2020
Smart Glass Market By Type (Active Smart Glass, Passive Smart Glass); By Technology (Suspended Particle Display, Liquid Crystals, Micro-Blinds, Nanocrystals, Others); By End-User (Automotive, Architecture, Consumer Goods, Others); and By Region, Segments & Forecast, 2018 - 2026
Smart Glass Market
Smart Glass Market
Set to Exceed USD USD 8,223 million by 2026 | CAGR
13.1%
“Smart Glass Market By Type (Active Smart Glass, Passive
Smart Glass); By Technology (Suspended Particle Display,
Liquid Crystals, Micro-Blinds, Nanocrystals, Others); By
End-User (Automotive, Architecture, Consumer Goods,
Others); and By Region, Segments & Forecast, 2018 - 2026”
Smart Glass Market Estimate & Forecast to 2026
The Smart Glass market is anticipated to reach around USD 8,223 million by 2026 according
to a new study published by Polaris Market Research. In 2017, the automotive segment
dominated the global smart glass market, in terms of revenue. North America is expected to
be the leading contributor to the market revenue during the forecast period.
Several stringent energy consumption regulations passed by governments worldwide have
boosted the adoption of smart glass. Growing concerns regarding environment, increasing
need to reduce energy consumption, and growing demand from the automotive sector
further support the growth of this market. Additionally, the increasing adoption of energy
efficient buildings and reducing operation costs would boost market growth during the
forecast period. Other factors supporting market growth include supportive government
regulations, increasing awareness, and technological advancements. Increasing investments
by vendors in technological advancements coupled with research and development further
boost the market growth.
The smart glass market is majorly driven by factors including increasing energy concerns,
and environment consciousness across the globe. The decreasing cost of electrochromic
materials has encouraged consumers to switch to smart glass. Limited awareness among
consumers had restricted the adoption of smart glass in the past. However, with significant
government initiatives and Csoupybrigsht t©a Pnolatriisa Mla rkient Rveseeasrcthm & Ceonsutltsing, LtLPh 2e01 8d. Aell Rvigehtsl oRepsemrvedent of smart glass market 2
has accelerated significantly.
Smart Glass Market Scope
By Type By Technology By End-user By Region Report Attributes
Active Smart Glass Suspended Particle Automotive North America Historic year: 2015-
Passive Smart Glass Display Architecture Europe 2016
Liquid Crystals Consumer Goods Asia Pacific Base year: 2017
Micro-Blinds Others Latin America Middle Forecast Year: 2018-
Nanocrystals East & Africa 2026
Others Revenue (USD
Million)
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Smart Glass Market Estimate & Forecast to 2026
The different end-users of smart glass include automotive, architecture, consumer goods,
and others. In 2017, the automotive segment accounted for the highest smart market share.
The use of smart glass in windows, doors, and windshields in automotive reduces the heat
accumulation in vehicles. The consumer electronics segment is expected to grow at the
highest CAGR.
The well-known companies profiled in the smart glass market report include Asahi
Glass Co., DuPont, Gentex Corporation, SPD Control Systems, View, Inc., Corning
Incorporated, Hitachi Chemical Co., Ltd., RavenBrick LLC, Switch Materials Inc., Scienstry,
Inc., ChromoGenics AB, and Innovative Glass Corporation. These companies launch new
products and collaborate with other market leaders to innovate and launch new products to
meet the increasing needs and requirements of consumers.
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Smart Glass Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
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