Materials & Chemicals Market Research News

Research report explores the smart glass market to hit 16.16% CAGR by 2023

Materials & Chemicals Research

The key players considered in the study of smart glass market are SAGE Electrochromics, Research Frontiers, View, Inc., Asahi Glass Co., Gentex, Hitachi Chemical, Glass Apps, Pleotint, Polytronix, RavenWindow, Scienstry, Smartglass International, and SPD Control Systems.

The smart glass market is expected to reach USD 8.35 billion by 2023 from USD 3.32 billion by 2017, smart glass market at a CAGR of 16.61% between 2017 and 2023.

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Smart glass market in Europe is expected to grow at the highest CAGR during the forecast period. Europe consists of a number of developed countries such as Belgium, France, Germany, Italy, and the UK.

This region derives its revenues from the tourism, industry, and manufacturing businesses, among others.

The hospitality and automotive manufacturing sectors in this region have grown tremendously due to supportive government policies over the past few decades. The government initiatives for green buildings and energy harvesting have contributed to the rise in the popularity of smart glasses.

As a result, Europe holds a significant share of the overall smart glass market.

 Competitive Landscape
1 Market Ranking
2 Competitive Situations and Trends
3 Partnerships, Agreements, Collaborations, and Contracts as Key Strategy Between January 2014 and August 2017
4 Product Launches
5 Partnerships, Agreements, Collaborations, and Contracts; and Expansions

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The growth of this market is mainly driven by factors such as growing demand for smart glass in automobile applications, strong government support through mandates and legislations for energy-efficient construction, and optimal energy saving through smart glass applications. Smart glass is ideal for automobile, aviation, and other transportation applications requiring heat and glare control.

In the automotive sector, smart glass is used in applications such as rearview mirrors, windows, sunroofs, and windshields. Smart glass provides protection from harmful ultraviolet (UV) rays, reduces glare, helps control heat inside the vehicle, and minimizes the energy consumed over temperature maintenance.

Key Target Audience:

  • Smart glass manufacturers
  • Building material suppliers
  • Switchable (metal-oxide) film manufacturers
  • Dimmable/smart glass film manufacturers
  • Aerospace and automotive glass industry players
  • Architects and building owners
  • Smart glass-related technology investors
  • Advanced glass and film technology researchers and developers

The overall Smart Glass market was dominated by Prominent players in the market include SAGE Electrochromics, Research Frontiers, View, Inc., Asahi Glass Co., Gentex, Hitachi Chemical, Glass Apps, Pleotint, Polytronix, RavenWindow, Scienstry, Smartglass International, SPD Control Systems

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Key Point from Table of Content 

7 Smart Glass Market, By System Type
7.1 Introduction
7.2 Heat Pump VRF Systems
7.2.1 Air-Source Heat Pump VRF Systems
7.2.2 Ground-Source Heat Pump VRF Systems
7.2.3 Absorption Heat Pump VRF Systems
7.3 Heat Recovery VRF Systems 

8 Smart Glass Market, By Application
8.1 Introduction
8.2 Commercial Applications
8.2.1 Office Buildings
8.2.2 Retail Stores
8.2.3 Healthcare Facilities
8.2.4 Hospitality Buildings
8.2.5 Educational Buildings
8.2.6 Historical Buildings
8.2.7 Government Buildings
8.3 Residential Buildings
8.4 Others

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