The Smart Glass Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Smart Glass Market?
The market size of the smart glass sector has expanded quickly lately. In 2024, the value was $7.57 billion, and it's projected to increase to $8.52 billion in 2025, recording a compound annual growth rate (CAGR) of 12.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Smart Glass Industry?
According to projections, the smart glass market is anticipated to expand to a size of $12.68 billion by the year 2029. The compound annual growth rate (CAGR) expected for this period is 10.5%.
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What are the Key Growth Drivers Fueling the Smart Glass Market?
The key drivers in the smart glass market are:
• Advancements in smart glass technologies
• Increased awareness of energy efficiency
• Integration with IoT and smart technologies
• Government regulations and initiatives promoting smart glass usage
Global Market Segmentation: Identifying Major Smart Glass Industry Segments
The smart glass market covered in this report is segmented –
1) By Type: Electrochromic, Suspended Particle Device (SPD), Liquid Crystal, Passive, Other Types
2) By Control System: Manual, Remote, Mobile-based, Voice-based, Other Control Systems
3) By End User: Transportation, Construction, Power Generation, Other End Users
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What are the Emerging Trends Shaping the Future of the Smart Glass Market?
The key trends in the smart glass market are:
• Advanced smart glass technologies are emerging trends in the market.
• The focus on energy efficiency is becoming a significant trend.
• Integration with IoT and smart home systems is shaping the future of the market.
• The scope of applications using smart glass is expanding, becoming a dominant trend.
Who Are the Top Competitors & Leading Players in the Smart Glass Market?
Major companies in the smart glass market are:
• Huawei Technologies Co. Ltd.
• Hitachi Chemical Co. Ltd.
• General Electric Company
• Compagnie de Saint-Gobain S.A.
• Honeywell International Inc.
• Ericsson
• Merck Group
• PPG Industries Inc.
• AGC Inc.
• Polytronix Inc.
• ADT Inc.
• VELUX Group
• Gentex Corporation
• Switch Materials Inc.
• AGP eGlass
• Kore Wireless Group
• View Inc.
• Intevac Inc.
• Kinestral Technologies Inc.
• Quantum Glass GmbH
• SAGE Electrochromics Inc.
• Soladigm Inc.
• Gauzy Ltd.
• Eyrise B.V.
• Halio Inc.
• 100Plus Inc.
• Heliotrope Technologies Inc.
• Pleotint LLC
Regional Dominance: Which Area Leads the Global Smart Glass Market?
Europe was the largest region in the smart glass market in 2024
