Global Smart Glass Market Size Worth USD 16.82 billion By 2028 | Growth Rate (CAGR) of 13.3%

Global Smart Glass Market was valued at USD 7.02 billion in 2021 and is expected to reach USD 16.82 billion by the year 2028, at a CAGR of 13.3%. The Analysis Period 2023-2030.

Glass is an inorganic solid material that is usually transparent or translucent and has physical properties such as hard, brittle, and impervious to the natural elements. Commercial glass is usually manufactured by integrating sand, limestone, and sodium carbonate which are raised to a certain temperature until they are melted. This mixture is then cooled quickly to prevent the formation of visible crystals. Smart glass or switchable glass changes its light transmission properties when a suitable voltage, light, or heat is applied. The glass transitions from clear to translucent and vice versa, allowing some wavelengths of light to flow through while blocking others.

Top Key Players Covered in The Smart Glass Market

Corning Incorporated (US), Active Glass Technologies (US), AGC Inc. (Japan), Gentex Corporation (US), Clayton Glass Ltd. (UK), Nippon Sheet Glass Co. Ltd. (Japan), Essex Safety Glass Ltd. (UK), SAGE Electrochromics Inc. (US), SOLOS Glass Pty Ltd (Australia), Glass Apps LLC (US), Guardian Industries (US), RavenWindow (US), Research Frontiers Inc. (US), InvisiShade LLC (US), Schott Corporation (Germany), Smartglass International Limited (Ireland), Intelligent Glass (UK), Vario Glass Inc. (Canada), View Inc. (US), Huawei (China) and other major players.

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Market Dynamics and Key Factors in Smart Glass Market:

Drivers:

  • Growing awareness about smart glass
  • Growing usage in automotive and training centers

Restraints:

  • High prices of smart glass

Opportunities:

  • Privacy at the flick of a switch
  • Rise of the green buildings

For the Purpose Of This Report, Reports And Data Has Segmented The Global Smart Glass Market On The Basis Of Type, By Source, By Product, And Region:

By Technology          

  • Suspended Particle Devices (SPD)
  • Electrochromic
  • Polymer Dispersed Liquid Crystal (PDLC)
  • Others

By Application          

  • Transportation
  • Architectural
  • Consumer Electronics
  • Others

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By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Covid-19 Impact Analysis On Smart Glass Market

The breakneck speed with which the COVID-19 pandemic has spread across the globe has forced governments, individuals, and firms to quickly adapt to new measures to prevent the spread of the virus. Companies across the globe banished the physical presence of employees and implemented work from home to facilitate social distancing. Smart glasses were the trending topics in developed countries before the pandemic, as these have helped in the overall energy savings of commercial and household apartments.

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