Smart
Glass Market Size, Share 2024, Impressive Industry Growth Report 2031

The
global smart glass market is expected to grow at a significant CAGR during the
forecast period (2024-2031). Increasing legislative reforms for green
buildings, such as LEEDS, the National Green Building Standard, Green Globes,
and others, encourage commercial building owners to invest in smart
energy-saving solutions like smart glass. Smart glass is in high demand due to
the growing number of applications in the sector of transportation. Smart
glasses put in autos are expected to give 98% UV protection and 40% solar
reduction, making the interiors of the vehicles more comfortable. Aerospace
application companies, such as Boing and Airbus, are applying smart glass
technology by combining it with IoT systems. Electrochromic windows, for
instance, are used on the Boeing 787 Dreamliner jet, which turns completely
opaque with the push of a button. This concept is gaining traction among luxury
and private jet manufacturers globally, bringing up new market
opportunities. 

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Click
Materials, a Vancouver-based creator of "smart glass," struck a
substantial deal with CardinalGlass, one of the largest makers of residential
windows, in May 2020, as it prepares to take on billion-dollar-backed View Inc.
Click Materials claims that their windows can save up to 50% on heating and
cooling costs and that it can do so while slashing manufacturing costs by up to
60%. Smart glass has a wide range of applications, including sunroofs and
exterior and interior automatic dimming rear-view mirrors, particularly in the
car industry. Top vehicle manufacturers, such as BMW and Mercedes, have smart
glass installations. Mercedes-Benz offers a sophisticated Magic Sky Control
panoramic roof with SPD-SmartGlass technology on its S-Class Coupe and other
S-Class versions.

Among
the many advantages of SPD-SmartGlass is significant heat reduction within the
car, UV protection, glare control, noise reduction, and more. Recent
applications include Jaguar Land Rover's use of smart glass to promote the
F-Type and Rolls-use Royce's of it to promote the Dawn. The user may maximise
the usage of two of the most wanted switchable glass characteristics by
integrating switchable technology with a projection application. Trains are
also increasingly adopting smart glass. A monorail train in South Korea, for
instance, features windows that fog automatically when it passes by apartments
adjacent to the railway. When the light transmission qualities of a window are
adjusted by adding voltage, heat, or light to the surface, glazing occurs.

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Market
Coverage

• Segment Covered


• Regions Covered- Globally

Competitive
Landscape: View
Inc., Corning Incorporated, Gentex Corporation, Smart Films International,
Argil Inc among others. 

Key
questions addressed by the report

• What is the market growth
  rate?


• Which segment and region
  dominates the market in base year?


• Which segment and region
  will project fastest growth in the market?


• How COVID-19 impacted the
  market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

• Who is the leader in the
  market?


• How players are addressing
  challenges to sustain growth?


• Where is the investment
  opportunity?

Global
Smart Glass Market by Segment

By
Type 

•                
Electrochromic

•                
Suspended Particle Device (SPD) 

•                
Liquid Crystal 

•                
Passive 

By
End-User 

•                
Automotive

•                
Architectural

•                
Avionics Power  

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