Smart Glass Market Growth & Opportunities 2019-2025

Smart Glass Market Growth & Opportunities 2019-2025: SAGE Electrochromics, Research Frontiers, View, Inc., Asahi Glass Co., Gentex, Hitachi Chemical,

The global smart glass market size is expected to reach USD 9.98 billion by 2025 registering a CAGR of +15.2%,

Architects are widely using smart technology in new buildings, which is expected to have a positive impact on the demand for products in the architectural applications sector. As the smart glass is gradually replacing its conventional counterpart in the manufacture of cars, airplanes and trains, there are significant growth opportunities for manufacturers in the transport sector.

Four prominent companies involved in the development and production of smart glass, namely Research Frontiers Inc., Vision Systems, Hitachi Chemical and Gauzy, jointly invested to produce suspended particle devices (SPD) – Intelligent light control film used in Electronically adjustable windows (EDW) manufactured by Vision Systems. EDWs are widely used in cars and airplanes. Favorable growth prospects in the construction industry, increased car production and increasing investments in infrastructure projects are factors that drive market growth.

The key players considered in the study of 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.

Smart Glass Market by Application:

Architecture

Commercial

Residential

Transportation

Automotive

Rail

Aviation

Marine

Power Generation Plants (Solar)

Consumer Electronics & Others

Smart Glass Market by Technology: 

Suspended Particle Display

Electro chromic

Liquid Crystal

Micro-Blinds

Photochromic

Thermo chromic