Smart Glass Market Size, Share & Trends Report

Smart Glass Market Size, Share & Trends Analysis Report By Technology (Electrochromic, PDLC, SPD, Thermochromic), By Application, By Transportation, By Region, And Segment Forecasts, 2018 - 2025

  • Published Date: Feb, 2018
  • Base Year for Estimate: 2016
  • Report ID: 978-1-68038-213-6
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 111

Industry Insights

The global smart glass market size was valued at USD 2.81 billion in 2016. The surging adoption of sustainable solutions in the automotive and architectural sector is driving the industry growth. These products are gaining widespread prominence as end-use industries are recognizing its technical attributes and unique aesthetics. Moreover, the demand for energy-efficient glasses is witnessing a high growth due to policy-driven environmental and energy safety perspective. 

U.S. smart glass market

The substantial smart glass market growth is attributed to the surging eminence of green energy initiatives such as green buildings and eco-friendly & non-electric technologies including thermochromics. Administrative support through financial benefits and tax initiatives globally is also stimulating the market demand. Architecturally advanced construction philosophies incorporating installation of large windows in the majority of the buildings are projected to drive demand in Europe.

Smart glasses have gained prominence owing to their ability of thermal & acoustic insulation, energy conservation, along with elegant 3D designer proposition. The automotive and residential applications have witnessed a dynamic phase change in functionalities from legacy weather protection features to seclusion apparatus and advanced energy-conserving.

Moreover, the positive outlook for the construction industry, recovering automotive production, and rising investments in infrastructure projects are the key factors contributing to the industry growth. Numerous opportunities exist in restoration and renovation activities as several windows in the current building infrastructure lack energy efficiency. Additionally, the presence of viable substitutes, such as chemical glazes and decals & coatings, may hamper the industry growth.

Furthermore, the industry is expected to witness substantial due to tightened regulations for energy efficiency and massive urbanization in developing countries, leading to increased infrastructure needs. The rise in developments including an increased investment level and the establishment of industrial-scale production capacity, has also contributed to the industry growth. Additionally, growing consolidations between technology providers and suppliers are fueling the demand for these glasses.

Technology Insights

The electrochromic smart glass segment is projected to witness a substantial growth in revenue owing to unique facets such as reduced response time to apply glass effect at low voltage consumption and delivering high blockage ratio of hazardous IR and UV rays. The growth can also be attributed to the dynamic applicability in automotive and domestic sectors. The high disposable incomes and the increase in demand for the luxury automobiles is one of the major factors contributing to the rise in demand for these glasses.

On the contrary, the liquid crystal segment growth can be attributed to the low driving voltage; high stability for heat, moisture, and UV; and all-weather conditions from -30 °C to 80 °C from indoor to outdoor for both rear and front projections along with super diffusion, energy savings, and long lifetime. These technology has been deployed for privacy control solutions (in bathroom/shower doors, intensive-care areas, conference rooms) and as provisional projection screens.

The growth of Suspended Particle Devices (SPD) has stemmed from its energy saving attribute as this type of glasses have capability of savings more than 25% of the current electrical usage. The energy consumption in office buildings and residential homes is reduced through vibrant control of solar radiations through windows that result in a dramatic reduction in HVAC energy usage. Reducing the electric power usage leads to an increased overall energy savings of over 25% due to the maximum utilization of daylight.

Application Insights

Transportation segment is one of the major applications of smart glasses. They are widely used as windows, doors, sunroofs, rear-view mirrors, and windshields. The need for minimizing heat build-up and restraining the viewing degree is driving the demand in this sector. The automotive segment is the largest consumer of switchable glass capturing a revenue share of over 70% in 2016. The technology protects from UV rays and controls heat inside the vehicle by limiting energy consumption.

Moreover, the lowering of energy consumption and CO2 emissions are enabling manufacturers to develop anti-heat glass and glazing solutions. The high demand for the luxury automobiles is driving the Asia Pacific smart glass growth. Additionally, major aerospace manufacturers such as The Boeing Company, Beechcraft Corporation, Airbus SA, Bombardier Inc., and Embraer S.A are shifting towards electronically dimmable windows.

Global smart glass market

The construction sector has contributed significantly to the industry growth in 2016 owing to gradual investment in the smart technology. The skyscrapers and high towers in the MEA region have incorporated this technology that has helped in reducing heat and light transmissions to maintain the internal ambiance. Furthermore, architects are suggesting the use of the switchable glass in the construction of new buildings, which is estimated to lead to high growth in architectural applications. Also, glass is one of the fastest commodity replacing concrete and other building materials to provide a vibrant and dynamic dimension. 

Additionally, the new construction market is anticipated to be more responsive to these glass solutions as compared to the refurbishment market. The corporate sector is one of the major patrons of switchable glass with a surging deployment of smart glass offerings in conference rooms and cubical partitions owing to the façade characteristics of smart glasses such as electrochromic technology’s translucent diffusion feature. On the other hand, the replacement market growth is restricted due to the pre-existing architectural framework of buildings as in their blueprints.

Regional Insights

North America region dominated the industry with a share of over 30% in 2016. Favourable regulations and mandates have led to the growth of these products in the region. They have not only added to the overall energy savings but also reduced the maintenance costs, which has had a positive impact on the market. The U.S and the European government has planned to install the electronics equipment with smart glasses and have addressed their transport department towards the same. The increasing automotive production and presence of key players in the region are aiding the market growth.

The boom in the real estate sector of the Asia Pacific region is expected to offer a sizeable market opportunity over the next nine years. Furthermore, growth opportunities exist in the areas of transportation and consumer electronics as manufacturers are increasingly using tinted and switchable products as an alternative to conventional glasses. For instance, the new Mercedes-Benz SLC has incorporated the SPD smart glass technology developed by Research Frontiers.

In the residential sector of Europe, Leadership in Energy and Environmental Design (LEED) and Nearly Zero-Energy Buildings (NZEB) have laid down certain discretionary regulations to augment the green building construction, consequently ensuring environmental friendly material use. Specific automotive laws bound the application of tint and glazes on automotive windows to maintain a certain degree of transparency for security concerns.

Smart Glass Market Share Insights

The industry is dominated by a few major players such as Asahi Glass Co., Ltd., Corning Incorporated, Saint Gobain S.A., and DuPont that is offering niche solutions for end-use applications. However, as no single player has expertise in manufacturing of all kinds of smart glass technologies, there exists a significant opportunity for industry consolidations, to gain a strong hold in the market.

Key players are indulging in making investments and partnering with technology providers to develop innovative and differentiated products. For instance, in February 2017, Kinestral Technologies announced a huge investment to begin its smart glass production in Taiwan.

Report Scope



Base year for estimation


Actual estimates/historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Revenue in USD Million & CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, Germany, UK, China, and Japan

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2025. For the purpose of this study, Grand View Research has segmented the global smart glass market report based on technology, application, and region:

  • Technology Outlook (Revenue, USD Million; 2014 - 2025)

    • Electrochromic

    • Polymer Dispersed Liquid Crystal (PDLC)

    • Suspended Particle Devices (SPD)

    • Thermochromic

    • Photochromic

  • Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Architectural

    • Transportation

      • Automotive

      • Aircraft

      • Marine

    • Consumer electronics

    • Power generation

  • Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • Japan

    • Latin America

      • MEA

Key questions answered by the report
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