SMART GLASS MARKET ANALYSIS

Market News

Global Smart Glass Market: Key Developments

• In February 2022, Gauzy Ltd raised US$ 60 million in round D and also announced the acquisition of Vision Systems, a prominent manufacturer of Advanced Driver Assistance System (ADAS).
• In April 2020, Gauzy Ltd secured US$ 10 million in Series C funding round led by Hyundai, BlueRed Partners VC, and Avery Dennison.
• In January 2020, Gauzy Ltd announced that Gauzy USA and Gauzy Germany are officially ISO Certified for the first year.
• In January 2022, Corning Inc. launched a new glass composition to expedite the development of augmented and mixed reality diffractive waveguides for wearable devices. The optical advancements in the glass will enhance the augmented reality experience through clearer and larger digital content that provides more immersive user experiences.
• In July 2021, Corning Inc. added Corning Curved Mirror Solutions, a new product category to its automotive glass range which will serve as key components in the new Augmented Reality based Head- up Display system in Hyundai Mobis.
• In July 2021, Corning Inc. launched Corning Gorilla Glass with DX and DX+, its new range of durable and scratch-resistant glass composite products. Incorporation of this technology in mobile cameras will allow capturing of professional-grade image by combining advanced optical performance, durability, and superior scratch resistance.
• In February 2022, ChromoGenics entered a cooperation agreement with Finnglass Oy for the manufacturing, marketing, and distribution of dynamic glass ConverLight Dynamic. The latter is known to be a supplier of advanced glass solutions with expertise in the integration of electrical functions in glass and modern processes of manufacturing.
• In June 2020, ChromoGenics initiated collaboration with Samsung to certify the autonomous control system for connection to Samsung SmartThings. Furthermore, the dynamic glasses in a real estate can communicate internally and be wirelessly controlled.
• In March  2020,  ChromoGenics  AB’s  Uppsala,  Sweden  factory  became  operational  and performedannounced the This week a milestone was reached when the plasma function test was performed. Plasma particles are a critical part of the sputtering process. With the positive result of the test, we can conclude that the machines are in operational condition.
• In June 2019, ChromoGenics AB announced that it would open a new factory in Uppsala, Sweden.
• In May 2022, AGC, Inc. developed a Low-E coating based light-control panoramic roof, which will be incorporated in Toyota Motor Corporation’s LEXUS RZ. The Low-E glass with high solar control and heat insulation characteristics will provide a comfortable cabin temperature and an open cabin environment. Its ability to eliminate sunshade provides a lighter body.
• In March 2022, AGC Inc., introduced a glass antenna WAVEATTOCH compatible with all the frequencies of 5G Sub6 spectrum allocated to four Mobile Network Operators in Japan. This new offering can be used for sharing telecom infrastructures among multiple operators while reducing the capital investment.
• In January 2021, AGC Inc. and NTT DOCOMO, INC. developed a prototype technology that effectively guides 5G radio signals with 28-GHz frequency received from outdoors to specific indoor locations through a metasurface lens attached to window surfaces.