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Global Smart Glass Market 2016-2020

About Smart Glass

Smart glass, also called as magic glass or switchable glass, is a unique kind of glass that can alter its light transmission properties. It is comprised of a special glass that can change the measure of light transmitted through it based on the voltage, heat, or light supplied. It may change to transparent or translucent according to the input voltage and subsequently, control the measure of light and heat passing through it. Smart glass is manufactured by laminating two or more glass or polycarbonate sheets. Smart glass is typically used as a part of doors, windows, partitions, and sky-facing windows in private and commercial buildings. It can be controlled manually as well as automatically. These glasses help in diminishing the expense of heating, ventilating, and lighting.

Technavio’s analysts forecast the global smart glass market to grow at a CAGR of 19.88% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart glass market for 2016-2020. To calculate the market size, Technavio considers the revenue generated through sales of smart glass products for applications such as transportation, infrastructural development, and others (electronics applications and solar energy applications).

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Glass Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AGC
  • Corning
  • DuPont
  • PPG
  • Saint-Gobain
Other prominent vendors
  • 3M
  • ASG
  • AutoGlass
  • Balco
  • BASF
  • Bayer
  • Cardinal Glass
  • Carlex
  • ChromoGenics
  • Citala
  • Domoticware
  • Dow Chemical
  • Garware Suncontrol
  • Gentex
  • Gesimat
  • GKN
  • GlasNovations
  • Glass Apps
  • Heliotrope
  • Hitachi
  • ICE AV
  • Innovative Glass
  • InvisiShade
  • Kinestral
  • LTI Smart Glass
  • NeoView Kolon
  • Nippon Sheet Glass
  • Pleotint
  • Polytronix
  • Pulp Studio
  • Ravenbrick
  • Scienstry
  • Sekisui Chemical
  • Smartglass
  • Solutia
  • SPD Control
  • Switch Materials
  • US e-Chromic
  • VELUX
  • View
  • Vision Systems
  • Xinology
Market driver
  • Increase in applications in the automotive sector
  • For a full, detailed list, view our report
Market challenge
  • Premium pricing
  • For a full, detailed list, view our report
Market trend
  • Rise in application in infrastructural development
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Glass Market 2016-2020

Technavio recognizes the following companies as the key players in the global smart glass market: AGC Group, Corning, DuPont, PPG Industries, and Saint-Gobain.

Other Prominent Vendors in the market are: 3M, ASG, AutoGlass, Balcony Systems, BASF, Bayer, Cardinal Glass Industries, Carlex, ChromoGenics, Citala, Domoticware, Dow Chemical, Garware Suncontrol, Gentex, Gesimat, GKN Group, GlasNovations, Glass Apps, Heliotrope Technologies, Hitachi Chemicals, ICE AV, Innovative Glass, InvisiShade, Kinestral Technologies, LTI Smart Glass, NeoView Kolon, Nippon Sheet Glass, Nippon Sheet Glass, Polytronix, Pulp Studio, Ravenbrick, Scienstry, Sekisui Chemical, Smartglass International, Solutia, SPD Control Systems, Switch Materials, US e-Chromic, VELUX, View, Vision Systems, and Xinology.

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be rise in application in infrastructural development. The global smart glass market is observing a rise in the use of smart glass in the architecture and construction sector. With the governments of many countries around the world opting to construct buildings and offices with energy-saving properties, the global smart glass market is estimated to grow at a rapid pace. The infrastructural development segment accounted for 25% of the market in 2015 and is the second-largest application segment for smart glass across the globe.”

According to the report, demand for glazing by the customers will be a key driver for market growth. The global smart glass market is projected to grow during the forecast period due to the anticipated increase in demand for glazing during the forecast period. The growing cost of energy has resulted in a drastic change in the consumer mind-set across the globe, with most consumers now going for residential buildings with more glazing area rather than ones with the lesser glazing area. This has led to an increase in the use of photochromic and thermochromic glass because of their heat and light shielding properties.

Further, the report states that premium pricing will be a challenge for the market. Smart glass manufacturers globally have kept the prices of their products high to form a high-end perception for smart glass among consumers. This practice of premium pricing is a major challenge to the growth of the market. Consumers are reluctant to use it in the construction sector as smart glass costs more than plain glass. Smart glass products are mainly used in high-end automobiles because the consumer base is small. Automobile manufacturers and smart glass suppliers need to reduce their prices to expand their consumer reach and facilitate growth in the automotive sector, the major application sector for smart glass products.

Companies Mentioned

AGC Group, Corning, DuPont, PPG Industries, Saint-Gobain3M, ASG, AutoGlass, Balcony Systems, BASF, Bayer, Cardinal Glass Industries, Carlex, ChromoGenics, Citala, Domoticware, Dow Chemical, Garware Suncontrol, Gentex, Gesimat, GKN Group, GlasNovations, Glass Apps, Heliotrope Technologies, Hitachi Chemicals, ICE AV, Innovative Glass, InvisiShade, Kinestral Technologies, LTI Smart Glass, NeoView Kolon, Nippon Sheet Glass, Nippon Sheet Glass, Polytronix, Pulp Studio, Ravenbrick, Scienstry, Sekisui Chemical, Smartglass International, Solutia, SPD Control Systems, Switch Materials, US e-Chromic, VELUX, View, Vision Systems, Xinology.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global smart glass market 2016-2020
      • Table Global smart glass market by applications
      • Table Global smart glass market by technology
      • Table Global smart glass market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Product definition
    • Overview
      • Table Applications of types of smart glass technology
    • Future outlook
  • Market landscape
    • Global smart glass market
      • Table Global smart glass market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Outlook
    • Active smart glass
      • Table Comparison of smart glass technology
    • Passive smart glass
      • Table Properties of types of smart glass technology
  • Market segmentation by application
    • Outlook
      • Table Global smart glass market by application 2015 (%)
      • Table Global smart glass market by application 2020 (%)
      • Table CAGR (%) and revenue ($ billions) 2015
    • Global smart glass market for transportation
      • Table Global smart glass market for transportation 2015-2020 ($ billions)
    • Global smart glass market for infrastructure development
      • Table Global smart glass market for infrastructure development 2015-2020 ($ billions)
    • Global smart glass market for other applications
      • Table Global smart glass market for other applications 2015-2020 ($ millions)
  • Geographical segmentation
    • Outlook
      • Table Global smart glass market by geography 2015
      • Table Global smart glass market by geography 2020
      • Table CAGR (%) and revenue ($ billions) 2015
    • Smart glass market in EMEA
      • Table Smart glass market in EMEA 2015-2020 ($ billions)
    • Smart glass market in the Americas
      • Table Smart glass market in the Americas 2015-2020 ($ billions)
    • Smart glass market in APAC
      • Table Smart glass market in APAC 2015-2020 ($ millions)
  • Market drivers
    • Increase in applications in the automotive sector
      • Table Global car sales 2013-2016f (millions of units)
      • Table Automotive production 2015-2020 (millions of units)
    • Demand for glazing
      • Table Global smart glass glazing market 2015-2020 (million square inches)
    • Legislation, incentives, and rebates
    • Rise in awareness about preserving energy
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Premium pricing
    • Absence of consistency in color and durability
    • Lack of results from technological improvements
    • Lag in response by large area smart glass
    • Limited awareness
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rise in application in infrastructural development
    • Growth in demand in EMEA
      • Table Smart glass market in EMEA 2015-2020 ($ billions)
    • Rapid growth in use of electrochromic glass
    • Application in solar panels
  • Vendor landscape
    • Competitive scenario
    • Global customer base concentration
      • Table Global smart glass market: Concentration of customer base by region
    • Porter's generic strategy
      • Table Porter's generic strategy
    • Competitive advantage
      • Table Projected competitive advantages during forecast period
    • Key market vendors
      • Table Key market vendors 2015
    • Other prominent vendors
    • AGC Group
      • Table AGC Group: Net sales by business segment 2014
      • Table AGC Group: Net sales by region 2014
    • Corning
      • Table Corning: Net sales by business segment 2015
      • Table Corning: Net sales by region 2015
    • DuPont
      • Table DuPont: Net sales by business segment 2015
      • Table DuPont: Net sales by region 2015
    • PPG Industries
      • Table PPG Industries: Net sales by business segment 2015
      • Table PPG Industries: Net sales by region 2015
    • Saint-Gobain
      • Table Saint-Gobain: Net sales by sector 2015
      • Table Saint-Gobain: Net sales by region 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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