Sep 5, 2022   SOURCE: BusinessWire

Global Smart Glass and Smart Window Market to 2030 - Featuring Asahi Glass, Corning, Gentex and Hitachi Among Others - ResearchAndMarkets.com

The "Smart Glass and Smart Window Market By Technology, By End User: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The global smart glass and smart window market size was valued at $5.14 billion in 2020, and is projected to reach $19.62 billion by 2030, registering a CAGR of 15.0% from 2021 to 2030.

Smart glass and smart window are glass-based products, in which light transmission properties vary when voltage, light, or heat is applied. In a smart window, glass normally transforms from translucent to transparent by blocking numerous wavelengths of light. It is widely used in automotive, aerospace, marine, commercial & residential buildings, and other industries.

Growth of the global smart glass and smart window market is anticipated to be driven by factors, such as growing demand for smart glass-based products in the automotive & aviation sector, reducing expenditure on air-conditioning, heating, and lighting, and stringent regulations by government.

However, high initial cost of smart glass and smart window products acts as a major restraint for the market. On the contrary, decline in the price of electrochromic materials, adoption of new technology, and advancements in smart glass functions are expected to fuel the market growth during the forecast period.

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global smart glass and smart window market size along with current trends and future estimations to depict imminent investment pockets.
  • The overall smart glass and smart window market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current smart glass and smart window market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter's five forces analysis illustrates the potency of the buyers and the smart glass and smart window market share of key vendors.
  • The report includes the market trends and the market share of key vendors.

Key Market Segments

By Technology

  • Active
  • Passive

By End User

  • Automotive
  • Aviation
  • Marine
  • Construction

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Asahi Glass Co Ltd
  • Corning Incorporated
  • Gentex Corporation
  • Hitachi Ltd (Hitachi Chemical Co Ltd)
  • Pleotint LLC
  • Ppg Industries Inc
  • Ravenbrick LLC (Ravenwindow)
  • Research Frontiers Incorporated
  • Saint Gobain
  • View Inc

For more information about this report visit https://www.researchandmarkets.com/r/w6stnm