Smart glass is a glass with alterable lighting properties with the application of light, heat, or voltage. The glass can change from being translucent to transparent by letting the light pass through it. Smart glass creates building shells with the property of climate adaptability and thereby saves costs for lighting, air-conditioning, and heating.
Increasing adoption in the automotive sector paired with the decline in the prices of electrochromic materials has widely driven the smart glass market. However, factors including high cost and technical concerns have impeded the growth of the market.
The smart glass market is segmented based on technology, application, and geography. Electrochromic, suspended particle display, photochromic, liquid crystal, and thermochromic are analyzed in the segmentation by technology. Based on application, the smart glass market is sub-divided into transportation, architecture, power generation, and consumer electronics. Geographically, the smart glass market is sub-divided into North America, Europe, Asia-Pacific, and Rest of the world.
The key market players operating in the smart glass market include Sage Electrochromics, Research Frontiers, View, Inc., Asahi Glass Co., Gentex, Hitachi Chemical, Polytronix, Smartglass International, Pleotint, and Ravenwindow among others.
SMART GLASS MARKET SEGMENTS
Market By Technology
• Electrochromic
• Suspended particle display
• Photochromic
• Liquid crystal
• Thermochromic
Market By Application
• Transportation
• Architecture
• Power generation
• Consumer electronics
Market By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
KEY PLAYERS
• Sage Electrochromics
• Research Frontiers
• View, Inc.
• Asahi Glass Co.
• Gentex
• Hitachi Chemical
• Polytronix
• Smartglass International
• Pleotint
• Ravenwindow
Global Smart Glass Market Forecast - Global Smart Glass Market Market Growth, Market Trends and Forecast
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