Smart glass market estimated to rise to USD 4,876 million by 2027

2022-07-15 02:29:19 UTC | Chemicals & Advanced Materials
Smart glass market estimated to rise to USD 4,876 million by 2027
The term smart glass refers to a group of chromogenic materials that change or alter their light transmission properties when voltage, heat or light is applied. Smart glass technology allows the users to control different forms of light such as IR (Infra-Red), UV (Ultra Violet), and visible light with electricity. Active and passive are the two types of smart glass. The global smart glass market was valued at USD 2,247 million in 2020 to USD 4,876 million by 2027, progressing at a CAGR of 11.7% from 2021 to 2027, according to Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global smart glass market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the smart glass industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, technology, end user, and region. The global market for smart glass can be segmented by type: active, passive. Smart glass market is further segmented by technology: electrochromic (EC), micro-blinds, photochromic glass, polymer dispersed liquid crystal (PDLC), suspended particle devices (SPD), thermochromic glass. Based on end user, the smart glass market is segmented into: automotive & transportation, building & construction, consumer electronics, power generation, others. On the basis of region, the smart glass market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By type:
- active
- passive

By technology:
- electrochromic (EC)
- micro-blinds
- photochromic glass
- polymer dispersed liquid crystal (PDLC)
- suspended particle devices (SPD)
- thermochromic glass

By end user:
- automotive & transportation
- building & construction
- consumer electronics
- power generation
- others

By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)

The report has also analysed the competitive landscape of the global smart glass market with some of the key players being AGC Inc., Compagnie de Saint-Gobain S.A., Glass Apps, LLC, Guardian Industries Holdings, LLC (Koch Industries, Inc.), Innovative Glass Corporation, Kinestral Technologies, Inc., Nippon Sheet Glass Co., Ltd., Pleotint, LLC, Research Frontiers Inc., SmartGlass International Ltd., View, Inc., among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

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Scope of the Report
- To analyze and forecast the market size of the global smart glass market.
- To classify and forecast the global smart glass market based on type, technology, end user, region.
- To identify drivers and challenges for the global smart glass market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global smart glass market.
- To identify and analyze the profile of leading players operating in the global smart glass market.

Why Choose This Report
- Gain a reliable outlook of the global smart glass market forecasts from 2021 to 2027 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.