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Global Smart Glass Market Opportunities and Forecast 2020-2027

  • DLR2541
  • 23 August, 2021
  • Chemical & Material
  • Pages: 120
  • Global
Global Smart Glass Market, By Technology (Electrochromic, Thermochromic, Photochromic, Liquid Crystal, Suspended Particle Device), By End-User (Architectural, Consumer Electronics, Transportation, Solar Power Generation), and opportunities and forecast 2020-2027

Smart Glass Market Overview

The global Smart Glass market is projected to grow at a significant rate in the forthcoming years due to the increasing demand and frequent technological progressions. Smart glass has enormous applications in several sectors such as consumer electronics, solar power generation, and transportation.
 
Green buildings are becoming cornerstones of construction activities across the world. Green buildings are becoming more attractive for their numerous economic benefits. The smart glass market plays a crucial role in these economic benefits, by reducing cooling, heating, and lighting costs. In addition, the smart glass market offerings also block close to 100% UV light and protect residents from harmful exposure to UV radiation. Further, governments around the world are taking initiatives to promote green development. All these prime factors are remarkably boosting the growth of the global Smart Glass market.    
 
Manufacturers in the smart glass market are mainly focusing on technologies related to COVID-19 prevention. For instance, a Chinese startup Rokid has developed COVID-19 detection glasses that have inbuilt thermal imaging technology. The T1 thermal glasses use an infrared sensor to identify temperatures of over 200 people within 2-3 minutes as far as 3 meters. Additionally, the glasses also offer features like a 12-megapixel camera and hands-free voice controls to record live photos and videos. Such innovations are anticipated to enlarge the growth of the Smart Glass market in the forecast period.
 
On the other hand, the high costs related to the technology are expected to pose a challenge to the growth of the global Smart Glass market over the forecast period. Apart from this, huge investments by key manufactures and the use of smart glasses by social media giants to develop new technologies are also projected to boost the growth of the Smart Glass market in the coming years. 
 
Covid-19 Impact on Smart Glass Market

The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world

Smart Glass Market Segment Overview
 
Based on Technology, the Electrochromic segment occupied the largest share of the Smart Glass market during the forecast period. Electrochromic technology has long been used in rearview mirrors across the automotive sector. With the recent advancements, it has also found applications in switchable windows, sunroofs, and so on. Moreover, by the End-User, Transportation is the largest segment in the market. The smart glass market offerings are more popular in premium cars. The auto thermal cooling and heating according to external weather changes is very important and raises fuel efficiency with less pressure of fuel management on car engines. Therefore, smart glass installations on sunroofs, side, and rear windows, sun visors are in large demand in the global smart glass market.
 
Smart Glass Market, By Technology
 
·       Electrochromic
·       Thermochromic
·       Photochromic
·       Liquid Crystal
·       Suspended Particle Device
 
Smart Glass Market, By End-User
·       Architectural
·       Consumer Electronics
·       Transportation
·       Solar Power Generation
 
Smart Glass Market Regional Overview

Region-wise, North America accounts for a major share in the global Smart Glass market and it is predicted to maintain its supremacy during the forecast period.  This is because of the increasing focus on renewable and green energy. As well, rising renewable energy sources like solar energy are anticipated to boost the growth of the global smart glass market in the forthcoming years. Likewise, Asia Pacific regional market is witnessing substantial growth in the global smart glass market. Main factors such as the growing expansion of infrastructure, rising disposable income in Asian countries are expected to propel the growth of the market. Additionally, increasing demand for smart technologies, solar energy, renewable sources, and growing automobile sales are further projected to boost demand in the region in the near future.
 
Smart Glass Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Smart Glass Market Competitor overview

Some key developments and strategies adopted by manufacturers in Smart Glass are highlighted below.

·       In July 2021, INMO announced its latest innovation on the crowdfunding platform Indiegogo. INMO Air is a pair of wireless lightweight AR smart glasses that delivers a completely hands-free connection between technology and real life. INMO Air is now available on Indiegogo
 
Smart Glass Market, Key Players

·       Smartglass International Ltd.
·       DuPont
·       Research Frontiers
·       Polytronix Inc.
·       iGlass
·       Central Glass
·       Innovative Glass Corp
·       AGC Inc.
·       Gentex Corporation
·       View Inc.
·       Fuyao Glass

Smart Glass Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Smart Glass Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Technology
        • 5.2.1. Electrochromic
        • 5.2.2. Thermochromic
        • 5.2.3. Photochromic
        • 5.2.4. Liquid Crystal
        • 5.2.5. Suspended Particle Device
      • 5.3. Market Analysis, Insights and Forecast – By End-User
        • 5.3.1. Architectural
        • 5.3.2. Consumer Electronics
        • 5.3.3. Transportation
        • 5.3.4. Solar Power Generation
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East and Africa

      6. North America Smart Glass Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Technology
        • 6.2.1. Electrochromic
        • 6.2.2. Thermochromic
        • 6.2.3. Photochromic
        • 6.2.4. Liquid Crystal
        • 6.2.5. Suspended Particle Device
      • 6.3. Market Analysis, Insights and Forecast – By End-User
        • 6.3.1. Architectural
        • 6.3.2. Consumer Electronics
        • 6.3.3. Transportation
        • 6.3.4. Solar Power Generation
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Smart Glass Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Technology
        • 7.2.1. Electrochromic
        • 7.2.2. Thermochromic
        • 7.2.3. Photochromic
        • 7.2.4. Liquid Crystal
        • 7.2.5. Suspended Particle Device
      • 7.3. Market Analysis, Insights and Forecast – By End-User
        • 7.3.1. Architectural
        • 7.3.2. Consumer Electronics
        • 7.3.3. Transportation
        • 7.3.4. Solar Power Generation
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Smart Glass Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Technology
        • 8.2.1. Electrochromic
        • 8.2.2. Thermochromic
        • 8.2.3. Photochromic
        • 8.2.4. Liquid Crystal
        • 8.2.5. Suspended Particle Device
      • 8.3. Market Analysis, Insights and Forecast – By End-User
        • 8.3.1. Architectural
        • 8.3.2. Consumer Electronics
        • 8.3.3. Transportation
        • 8.3.4. Solar Power Generation
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Smart Glass Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Technology
        • 9.2.1. Electrochromic
        • 9.2.2. Thermochromic
        • 9.2.3. Photochromic
        • 9.2.4. Liquid Crystal
        • 9.2.5. Suspended Particle Device
      • 9.3. Market Analysis, Insights and Forecast – By End-User
        • 9.3.1. Architectural
        • 9.3.2. Consumer Electronics
        • 9.3.3. Transportation
        • 9.3.4. Solar Power Generation
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Smartglass International Ltd.
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. DuPont
      • 10.6. Research Frontiers
      • 10.7. Polytronix Inc.
      • 10.8. iGlass
      • 10.9. Central Glass
      • 10.10. Innovative Glass Corp
      • 10.11. AGC Inc.
      • 10.12. Gentex Corporation
      • 10.13. View Inc.
      List of Figures

      Figure 1: Global Smart Glass Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Smart Glass Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Smart Glass Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Smart Glass Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Smart Glass Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Smart Glass Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Smart Glass Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Smart Glass Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Smart Glass Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Smart Glass Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Smart Glass Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Smart Glass Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Smart Glass Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Smart Glass Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Smart Glass Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Smart Glass Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Smart Glass Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Smart Glass Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Smart Glass Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Smart Glass Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Smart Glass Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Smart Glass Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Smart Glass Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Smart Glass Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Smart Glass Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Smart Glass Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Smart Glass Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Smart Glass Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Smart Glass Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Smart Glass Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Smart Glass Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Smart Glass Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Smart Glass Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Smart Glass Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Smart Glass Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Smart Glass Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Smart Glass Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Smart Glass Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Smart Glass Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Smart Glass Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Smart Glass Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Smart Glass Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Smart Glass Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Smart Glass Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Smart Glass Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Smart Glass Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Smart Glass Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Smart Glass Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Smart Glass Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Smart Glass Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Smart Glass Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Smart Glass Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Smart Glass Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Smart Glass Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Smart Glass Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Smart Glass Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Smart Glass Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Smart Glass Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Smart Glass Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Smart Glass Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Smart Glass Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Smart Glass Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Smart Glass Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Smart Glass Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Smart Glass Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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