DUBLIN, Nov. 14, 2023 /PRNewswire/ — The “Smart Windows – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Smart Windows Market to Reach $10.9 Billion by 2030
The global market for Smart Windows estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 12% over the analysis period 2022-2030.
This report offers a comprehensive analysis of the global Smart Windows market. It includes an assessment of recent, current, and future trends in Smart Windows sales, presented in US$ Thousand for the years 2022 through 2030, along with corresponding Compound Annual Growth Rate (CAGR) percentages.
Suspended Particle Devices (SPD), one of the segments analyzed in the report, is projected to record 9.3% CAGR and reach US$5.3 Billion by the end of the analysis period. Growth in the Electrochromic segment is estimated at 17% CAGR for the next 8-year period.
The report also delves into specific smart window technologies, such as Suspended Particle Devices (SPD), Electrochromic, Polymer Dispersed Liquid Crystal (PDLC), and Other Technologies, offering annual sales data and percentage CAGR figures across different geographic regions. Finally, it summarizes the overall Smart Windows market analysis, encompassing annual sales in US$ Thousand for the years 2020 through 2030.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 14.5% CAGR
The Smart Windows market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 14.5% over the analysis period 2022 to 2030.
Additionally, an 8-year perspective is provided, showcasing the distribution of value sales across regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and the Rest of the World for the years 2023 and 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3% and 10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.
What’s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Smart Windows – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
COVID-19 Pandemic Dents Growth in Global Smart Windows Market
Performance Snapshot of Major End-Use Markets
Automotive Sector
Global Automotive Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
Construction Sector
Global Construction Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2021
Smart Windows: A Prelude
Smart Glass: A Growing Area of Interest
Types of Smart Windows
Market Outlook
Growth Drivers in a Nutshell
Key Growth Restraints
Suspended particle device (SPD) Glass Accounts for Major Share
Developed Markets Dominate, while Developing Markets Drive Growth
China: A Fast Growing Market for Smart Windows
High Costs: A Major Issue
Competition
Market Witnesses Rising Investments and Increasing Patent Activity
Leading Smart Glass Windows Startups
Noteworthy Smart Window Solutions Worldwide: Brief Details of Product and Key Features
Research & Development: Need of the Hour to expand Market Adoption
Recent Market Activity
MARKET TRENDS & DRIVERS
Myriad Benefits Offered by Smart Glass Windows Drive Widespread Adoption in Architectural Applications
List of Exterior, Interior, and Projection Applications of Smart Glass in the Architectural Sector
Smart Windows Offers Several Benefits to Building Owners
Growing Concerns with Regard to Energy Loss Drive Demand for Switchable Smart Glass in Varied Applications
Aesthetics: The Fundamental Factor behind the Huge Popularity of Smart Windows
Implementation of Smart Buildings and Smart Cities Boosts Prospects
Global Market for Smart City Technologies in US$ Million for the Years 2019 and 2025
Recovery in Construction Sector to Boost Growth
World Construction Industry (in US$ Trillion) for the Years 2020, 2021 & 2022
Transportation: An Important Market for Smart Windows
Focus on Energy Efficiency, Better Fuel Economy, and Improved Vehicle Designs Drive Robust Demand
Self-Cleaning and Self-Repairing Applications Gain Momentum
Global Automotive Smart Glass Market by Technology (2015 & 2025): Percentage Breakdown of Revenues for Active Self-Dimming Windows, Device-Embedded Glass, Smart Mirrors, and Others
Self-Tinting in Automobile Windows : An Insight
Lightweight Smart Glass: First-Choice Materials in Connected Cars
Smart Windows Seek Opportunities in Self-Driving Cars
Global Autonomous-Ready Vehicles Net Additions in Thousands: 2019 and 2024
Recovery in Automobiles Production: An Important Opportunity Indicator
World Automobile Production in Million Units: 2008-2022
Monthly New Vehicle Sales in the US: Jan 2020 – Feb 2021
Proliferation of Electric Vehicles to Help Smart Glass Find Mainstream Adoption
Number of EVs on Road Worldwide by Type (In Million Units) for the Years 2019 and 2022
Spiraling Electricity Usage and Resulting Energy Costs Spur Demand for Automatic Tinting Windows in the Building Sector
Global Energy Consumption by Sector (2019): Percentage Breakdown of Energy Consumption for Buildings, Commercial, Industrial, Transportation, and Others
Smart Windows in Aircrafts Enable Efficient Management of Light and Glare
Growing Focus on Enhancing Consumer Experience at Airports to Drive Smart Window Installations
Impact of COVID-19 on Airlines and Airports
Global Airlines & Airports Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
Expected Losses in Global Aviation Industry (In US$ Billion)
Global Announced Airport Infrastructure Projects Value in US$ Billion by Region
Smart Glass for Smart Yachts: A Potential Growth Avenue
Sales of Superyachts in Units for the Years 2015 and 2022
Superior Attributes of Active Smart Glass Promote Higher Growth than Passive Types
Comparison of Active Smart Glass Technologies
Electrochromics and SPD: Leading Smart Glass Technologies
PDLC Active Smart Glass: An Alternative to PDLC Active Smart Glass Penetration Marred by Limited Capabilities
Smart Glass Innovation and Advancements
Nanotechnology Brings Hope to Help Buildings See Green through Smart Windows
Water-Repellant & Ventilation Options
Smart Window with Potential to Regulate & Harness Solar Energy for Energy-Efficient Buildings
Near-UV Light Absorbing Smart Windows
Innovative Smart Glass Solutions that Substitute Electronic Window Shades
Triboelectrics-Powered Smart Windows
Electricity-Free Smart Window
Smart Windows with Wide-angle Antireflection and Broadband Functionalities
Wi-Fi Compatible Smart Windows
Novel Smart Window Technology to Control Light and Heat Flow
Microgels to Replace Hydrogels in Smart Windows
Mobile App for Tinting Windows through Smartphones
Universal Smart Window Coating
Dye Sensitized Solar Cell (DSSC) Integrated Smart Window
FOCUS ON SELECT PLAYERS (Total 77 Featured)
Eastman Chemical Company
AGC Inc.
Innovative Glass Corporation
Apogee Enterprises, Inc.
BMC Stock Holdings, Inc.
Deceuninck NV
China Glass Holdings Ltd.
EControl-Glas GmbH & Co. KG
Heliotrope Technologies
Atrium Windows and Doors, Inc.
ChromoGenics AB
Inwido AB
Brite Hellas S.A.
eLiteERP
Industrial Technology Research Institute (ITRI)
For more information about this report visit https://www.researchandmarkets.com/r/fgo7sc
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