Smart Glass Market worth $8.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

2022-05-28 01:33:15 By : Ms. Mayling Zhao

CHICAGO , May 12, 2022 /PRNewswire/ -- According to a research report "Smart Glass Market by Technology (Suspended Particle Display, Electrochromic Glass, Liquid Crystals, Micro blinds, NanoCrystals, Photochromic and Thermochromic), Application, Control Mode and Geographic Analysis - Global Forecast to 2027", published by MarketsandMarkets™, the global Smart Glass Market is projected to grow from USD 5.0 billion in 2022 to USD 8.2 billion by 2027; it is expected to grow at a CAGR of 10.4% from 2022 to 2027. The key factors fueling the growth of this market include increasing importance of smart glass in the healthcare industry, rising use of smart glass in automobile applications and government support for energy-efficient construction.

Ask for PDF Brochure:

Suspended Particle Display technology is projected to Register highest CAGR during forecast period

SPDs respond to AC power to turn the glass from dark to clear. They are ideal for light control applications such as skylights, auto glass, sunroofs, aircraft windows, and marine windows and portholes. The market for architecture is expected to grow at the highest CAGR of 13.4% during the forecast period due to the increase in the demand for energy-efficient and eco-friendly products. Additionally, SPD smart glass-enabled products have less maintenance costs, making these products a popular choice in industries. SPD smart glass has a strong presence in the architecture application. SPD smart windows offer energy savings, lower maintenance costs, and increase the aesthetic value of a structure, which, in turn, is helping the market to grow. The major factors supporting the growth of the SPD smart glass market for the commercial architecture are the superiority of this technology in terms of energy efficiency and the requirement for low-maintenance supervision. Government policies on environmental protection also contribute to the increased use of SPD smart glass in corporate applications.

Transportation segment held the largest market share of smart glass market

The transportation application accounted for the largest share of the smart glass market in 2021 as several automobile manufacturers have been incorporating smart glass materials in their vehicle designs to benefit from its antiglare property, remote access capacity, and dynamic light emission adjustment properties. Transportation is one of the major application areas of smart glass products. Smart glass is used in doors, windows, sunroofs, windshields, rear-view mirrors, and skylights. Smart glass helps minimize heat generation, provides shading, limits the viewing scope, and offers privacy to users. The automotive application of the transportation segment is the leading consumer of smart glass products. Several automobile manufacturers are incorporating smart glass materials in their vehicle designs to benefit from their antiglare property, remote access capacity, and dynamic light emission adjustment property. The automotive sector uses smart glass sunroofs, windows, visors, and rear-view mirrors. Users can control such products with a simple switch, allowing for the easy regulation of lighting and cooling.

Browse in-depth TOC on "Smart Glass Market"

Inquiry Before Buying:

Asia Pacific is projected to register the highest CAGR during the forecast period.

Asia Pacific includes the fastest developing economies of the world—China and India . It also has a few developed economies such as Japan , Russia , Singapore , and Australia . The rapid industrialization and increasing disposable income help the smart glass market in this region to grow. APAC is an emerging market for smart glass and hence, is expected to hold a prominent position in the market. Many smart glass players are strategizing to tap this market. Companies such as SageGlass and Research Frontiers Inc. have collaborated with distributors and partners in the region to enter this unexplored territory. The lack of awareness and low disposable income have restricted the growth of the smart glass market in developing countries in APAC. However, this scenario is changing; government incentives and tax credit programs are encouraging the use of smart glass in the region. The adoption of smart glass is expected to increase across APAC in the coming years with its reducing price.

Major players in the smart glass market are Saint-Gobain (France ), AGC Inc. (Japan ), NSG Group (Japan ), Research frontier (US), Gentex Corporation (US), View Inc (US), Corning (US), Showa Denko Materials (Japan ), Pleotint(US) and Smartglass International (Ireland ). The top players have adopted merger & acquisition, partnership, collaboration, and product launch strategies to grow in the global smart glass market.

Smart Home Market by Product (Lighting Control, Security & Access Control, HVAC Control, Smart Speaker, Smart Kitchen, Smart Furniture), Software & Services, Sales Channel, and Region (2021-2026)

Smart Display Market with COVID-19 Impact Analysis by Smart Home Display (Voice-controlled, Smart Appliance), Smart Display Mirror, Smart Signage (Retail & Hospitality Facilities, Sports & Entertainment Venues), Geography - Global Forecast to 2027

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email:

Research Insight:

Visit Our Web Site:

Content Source:

View original content:

This month, we saw the Rigetti Computing, Inc. ( NASDAQ:RGTI ) up an impressive 39%. But that doesn't alter the fact...

Renewi plc ( LON:RWI ) just released its annual report and things are looking bullish. Results were good overall, with...

One thing we could say about the analysts on EnQuest PLC ( LON:ENQ ) - they aren't optimistic, having just made a major...

The latest analyst coverage could presage a bad day for Zhihu Inc. ( NYSE:ZH ), with the analysts making...

Picking the best stocks in industries with promising growth prospects is the not-so-secret strategy to build significant wealth over the long term as an investor. Few industries arguably have as bright of a future as health insurance. This is why the global health insurance industry is expected to compound at a 5.5% annual rate from $2.1 trillion in 2021 to $3 trillion by 2028.

Odds that some of the biggest Russian corporations will default have soared to 80%, according to pricing in credit-default swaps

One River’s initial application faced a delay in March.

The pharmaceutical company’s shares have been a bright spot in a tough market—and the move higher may just be getting started.

Ankiti Bose cofounded the Singapore-based startup Zilingo to connect small businesses, and it scaled up rapidly. An ongoing probe over financial irregularities led to her suspension and termination.

After a long, dreary period of lingering close to zero, short-term yields are on the rise, so we asked advisors for their thoughts on the best places for clients to stash the cash portion of their portfolios. Richard Skae, vice chairman of Morgan Stanley Wealth Management Group, has died at age 65. Skae served as vice chair since 2017, and was credited as “absolutely instrumental to the success of our firm” by Andy Saperstein, co-president of Morgan Stanley and head of the wealth management division.

Gold markets initially rallied during Friday but have also seen a bit of profit-taking later in the day. Doing so shows just how indecisive traders are right now.

Solid first-quarter results are sending shares of the beauty products retailer higher, but the question is whether that strong move will hold.

Aurora Cannabis Inc. shares dropped 28% Friday after the cannabis company said it would increase the size of its bought deal financing to $150 million from $125 million. A syndicate of underwriters led by Canaccord Genuity and BMO Capital Markets will buy on a bought deal basis 61.2 million units of the company at a price of $2.45 per unit for gross proceeds of approximately $150 million. Each Unit will be comprised of one common share and one common share purchase warrant exercisable for 36 mon

(Bloomberg) -- Long volatility is too expensive as hedging strategy and investors should position for a peak in price swings in some assets, according to Morgan Stanley.Most Read from BloombergRare Ship-to-Ship Transfers Keep Oil Moving From Russia to ChinaThese Are the Best — and Worst — Cities for Work-Life BalanceFed Saw Aggressive Hikes Providing Flexibility Later This YearStocks Rally After Strong Outlooks From Retailers: Markets WrapBiden Demands US ‘Stand Up’ to Gun Makers After Texas Att

(Bloomberg) -- Baidu Inc. shares jumped more than 12% on Friday after the Chinese internet search leader posted a surprise quarterly revenue gain, reassuring investors spooked by the impact of Covid lockdowns.Most Read from BloombergFord Beats Tesla to the Punch With First Electric F-150 DeliveryUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanTop Gun: Maverick's F-18 Flights Cost New Tom Cruise Film $11,374 an HourRare Ship-to-Ship Transfers Keep Oil Moving From Russia to ChinaSal

By Sebastian Steinhaeuser | Chief Strategy Officer, SAP

Futures rose after stocks rallied Wednesday on Fed minutes Broadcom will buy VMware. Twitter rose on Elon Musk news. Nvidia fell on guidance.

United Microelectronics Corp. is putting in a bottom pattern and has an attractive dividend. Is it worth a look for purchase? Let's check it out. In the daily bar chart of UMC, below, we can see that the shares made a double-top pattern around $13.

The stock market selloff has made many stocks look cheap—but smart investors need to be selective. Here are six high-quality companies that trade at reasonable valuations.

(Bloomberg) -- Hundreds of people took to the streets of the largest city in China’s Henan province this week, calling on authorities to ensure the return of tens of billions of yuan invested in what could be one of the nation’s largest financial scams.Most Read from BloombergUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanFord Beats Tesla to the Punch With First Electric F-150 DeliveryTop Gun: Maverick's F-18 Flights Cost New Tom Cruise Film $11,374 an HourRare Ship-to-Ship Trans