Smart glass, also called switchable glass, is a type of glazing that reversibly changes its tint and allows or blocks light and heat in response to external environmental conditions. It can be controlled manually or automatically. In its simplest form, smart glass is made with a layer of electrochromic coating that changes the way it reflects and absorbs light in response to a sensor. The sensor measures the amount of sunlight and transmits that information to cloud-based servers. The sensor then causes the electrochromic coating to change its tint based on that data. As a technology, smart glass is still in its infancy. But it already has applications in commercial buildings and even automobiles as windows or sunroofs.

Market Dynamics:

The global smart glass market is anticipated to expand at a high CAGR during the forecast period. It is expected to be driven by the rising demand for energy-efficient buildings and architectural designs in North America, Asia Pacific, and Europe. In addition, the global smart glass market is anticipated to benefit from an increase in investments by prominent players, which will improve product availability and quality. Moreover, a rise in demand for electric vehicles and the emergence of cloud-based operations for autonomous driving will drive the market further.

On the other hand, high cost of smart glass is expected hinder the market growth.

Key features of the study:

• This report provides in-depth analysis of the global smart glass market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global smart glass market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include DigiLens Inc, Corning Incorporated, OPPO, Meta, AGC INC., and CORNING INCORPORATED
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global smart glass market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart glass market

Detailed Segmentation:

• Global Smart Glass Market, By Technology
  • Electrochromic
  • PDLC
  • Suspended Particle Devices (SPD)
  • Thermochromic
  • Photochromic
• Global Smart Glass Market, By Application
  • Architectural
  • Transportation
    • Automotive
    • Aircraft
    • Marine
  • Consumer Electronics
  • Power Generation
• Global Smart Glass Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles
  • DigiLens Inc
  • Corning Incorporated
  • OPPO
  • Meta
  • Agc Inc.
  • Corning Incorporated