Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global smart glass market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the smart glass industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global smart glass industry.
Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global smart glass market is expected to reach $20.88 billion by 2033, growing by 11.5% annually over the coming years.
Segmentation Analysis
Highlighted with 88 tables and 92 figures, this 183-page report represents a 360-degree view on the global market with extensively detailed segmentations Technology, Product Type, Control Mode, Application, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.
By Technology
• Electrochromic
• Liquid Crystal
• Suspended Particle Devices (SPD)
• Thermochromic
• Photochromic
• Other Technologies
By Product Type
• Active Smart Glass
• Passive Smart Glass
By Control Mode
• Dimmers
• Remote Control
• Switches
• Other Modes
By Application
• Architecture
• Transportation
o Automotive
o Aircraft
o Marine
• Consumer Electronics
• Power Generation
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Technology, Control Mode, and Application over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Asahi Glass Co., Ltd. (AGC Inc.)
• Asahi India Glass Ltd. (AIS)
• ChromoGenics AB
• Compagnie de Saint-Gobain S.A.
• Corning Incorporated
• Gauzy Ltd.
• Gentex Corporation
• Guardian Industries Corp.
• Halio Inc. (formerly Kinestral Technologies, Inc.)
• Nippon Sheet Glass Co., Ltd. (NSG Group)
• Polytronix Inc.
• PPG Industries, Inc.
• RavenWindow
• Research Frontiers Inc.
• Saint-Gobain S.A.
• Showa Denko Materials Co., Ltd. (Hitachi Chemical Co. Ltd.)
• Smartglass International Limited
• VELUX A/S
• View Inc.
• Vision Systems
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 27
2.1.3 Impact of Russia-Ukraine Conflict 29
2.1.4 Impact of Israel-Palestine War 31
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 43
3 Segmentation of Global Market by Technology 47
3.1 Market Overview by Technology 47
3.2 Electrochromic 50
3.3 Liquid Crystal 51
3.4 Suspended Particle Devices (SPD) 52
3.5 Thermochromic 53
3.6 Photochromic 54
3.7 Other Technologies 55
4 Segmentation of Global Market by Product Type 56
4.1 Market Overview by Product Type 56
4.2 Active Smart Glass 59
4.3 Passive Smart Glass 60
5 Segmentation of Global Market by Control Mode 61
5.1 Market Overview by Control Mode 61
5.2 Dimmers 64
5.3 Remote Control 65
5.4 Switches 66
5.5 Other Modes 67
6 Segmentation of Global Market by Application 68
6.1 Market Overview by Application 68
6.2 Architecture 71
6.3 Transportation 72
6.4 Consumer Electronics 73
6.5 Power Generation 74
7 Segmentation of Global Market by Region 75
7.1 Geographic Market Overview 2023-2033 75
7.2 North America Market 2023-2033 by Country 80
7.2.1 Overview of North America Market 80
7.2.2 U.S. 84
7.2.3 Canada 87
7.2.4 Mexico 89
7.3 European Market 2023-2033 by Country 91
7.3.1 Overview of European Market 91
7.3.2 Germany 95
7.3.3 U.K. 97
7.3.4 France 99
7.3.5 Spain 101
7.3.6 Italy 103
7.3.7 Russia 105
7.3.8 Rest of European Market 107
7.4 Asia-Pacific Market 2023-2033 by Country 109
7.4.1 Overview of Asia-Pacific Market 109
7.4.2 Japan 113
7.4.3 China 116
7.4.4 Australia 118
7.4.5 India 120
7.4.6 South Korea 122
7.4.7 Rest of APAC Region 124
7.5 South America Market 2023-2033 by Country 126
7.5.1 Argentina 130
7.5.2 Brazil 132
7.5.3 Chile 134
7.5.4 Rest of South America Market 136
7.6 MEA Market 2023-2033 by Country 137
7.6.1 UAE 141
7.6.2 Saudi Arabia 143
7.6.3 South Africa 145
7.6.4 Other National Markets 147
8 Competitive Landscape 148
8.1 Overview of Key Vendors 148
8.2 New Product Launch, Partnership, Investment, and M&A 152
8.3 Company Profiles 153
Asahi Glass Co., Ltd. (AGC Inc.) 153
Asahi India Glass Ltd. (AIS) 155
ChromoGenics AB 156
Compagnie de Saint-Gobain S.A. 157
Corning Incorporated 158
Gauzy Ltd. 159
Gentex Corporation 160
Guardian Industries Corp. 161
Halio Inc. (formerly Kinestral Technologies, Inc.) 162
Nippon Sheet Glass Co., Ltd. (NSG Group) 163
Polytronix Inc. 164
PPG Industries, Inc. 165
RavenWindow 166
Research Frontiers Inc. 167
Saint-Gobain S.A. 168
Showa Denko Materials Co., Ltd. (Hitachi Chemical Co. Ltd.) 169
Smartglass International Limited 170
VELUX A/S 171
View Inc. 172
Vision Systems 173
9 Investing in Smart Glass Industry: Risk Assessment and Management 174
9.1 Risk Evaluation of Global Market 174
9.2 Critical Success Factors (CSFs) 180
RELATED REPORTS 183
List of Tables:
Table 1. Snapshot of Global Smart Glass Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 24
Table 3. World Economic Outlook, 2022-2024 26
Table 4. Scenarios for Economic Impact of Ukraine Crisis 30
Table 5. Scenarios for Economic Impact of Israel-Palestine War 31
Table 6. Main Product Trends and Market Opportunities in Global Smart Glass Market 40
Table 7. Global Smart Glass Market by Technology, 2023-2033, $ mn 48
Table 8. Global Smart Glass Market by Product Type, 2023-2033, $ mn 57
Table 9. Global Smart Glass Market by Control Mode, 2023-2033, $ mn 62
Table 10. Global Smart Glass Market by Application, 2023-2033, $ mn 69
Table 11. Global Smart Glass Market: Transportation by Type, 2023-2033, $ mn 72
Table 12. Global Smart Glass Market by Region, 2023-2033, $ mn 77
Table 13. Leading National Smart Glass Market, 2023 and 2033, $ mn 79
Table 14. North America Smart Glass Market by Country, 2023-2033, $ mn 82
Table 15. U.S. Smart Glass Market by Technology, 2023-2033, $ mn 86
Table 16. U.S. Smart Glass Market by Control Mode, 2023-2033, $ mn 86
Table 17. U.S. Smart Glass Market by Application, 2023-2033, $ mn 86
Table 18. Canada Smart Glass Market by Technology, 2023-2033, $ mn 88
Table 19. Canada Smart Glass Market by Control Mode, 2023-2033, $ mn 88
Table 20. Canada Smart Glass Market by Application, 2023-2033, $ mn 88
Table 21. Mexico Smart Glass Market by Technology, 2023-2033, $ mn 90
Table 22. Mexico Smart Glass Market by Control Mode, 2023-2033, $ mn 90
Table 23. Mexico Smart Glass Market by Application, 2023-2033, $ mn 90
Table 24. Europe Smart Glass Market by Country, 2023-2033, $ mn 93
Table 25. Germany Smart Glass Market by Technology, 2023-2033, $ mn 96
Table 26. Germany Smart Glass Market by Control Mode, 2023-2033, $ mn 96
Table 27. Germany Smart Glass Market by Application, 2023-2033, $ mn 96
Table 28. U.K. Smart Glass Market by Technology, 2023-2033, $ mn 98
Table 29. U.K. Smart Glass Market by Control Mode, 2023-2033, $ mn 98
Table 30. U.K. Smart Glass Market by Application, 2023-2033, $ mn 98
Table 31. France Smart Glass Market by Technology, 2023-2033, $ mn 100
Table 32. France Smart Glass Market by Control Mode, 2023-2033, $ mn 100
Table 33. France Smart Glass Market by Application, 2023-2033, $ mn 100
Table 34. Spain Smart Glass Market by Technology, 2023-2033, $ mn 102
Table 35. Spain Smart Glass Market by Control Mode, 2023-2033, $ mn 102
Table 36. Spain Smart Glass Market by Application, 2023-2033, $ mn 102
Table 37. Italy Smart Glass Market by Technology, 2023-2033, $ mn 104
Table 38. Italy Smart Glass Market by Control Mode, 2023-2033, $ mn 104
Table 39. Italy Smart Glass Market by Application, 2023-2033, $ mn 104
Table 40. Russia Smart Glass Market by Technology, 2023-2033, $ mn 106
Table 41. Russia Smart Glass Market by Control Mode, 2023-2033, $ mn 106
Table 42. Russia Smart Glass Market by Application, 2023-2033, $ mn 106
Table 43. Smart Glass Market in Rest of Europe by Country, 2023-2033, $ mn 108
Table 44. APAC Smart Glass Market by Country, 2023-2033, $ mn 111
Table 45. Japan Smart Glass Market by Technology, 2023-2033, $ mn 115
Table 46. Japan Smart Glass Market by Control Mode, 2023-2033, $ mn 115
Table 47. Japan Smart Glass Market by Application, 2023-2033, $ mn 115
Table 48. China Smart Glass Market by Technology, 2023-2033, $ mn 117
Table 49. China Smart Glass Market by Control Mode, 2023-2033, $ mn 117
Table 50. China Smart Glass Market by Application, 2023-2033, $ mn 117
Table 51. Australia Smart Glass Market by Technology, 2023-2033, $ mn 119
Table 52. Australia Smart Glass Market by Control Mode, 2023-2033, $ mn 119
Table 53. Australia Smart Glass Market by Application, 2023-2033, $ mn 119
Table 54. India Smart Glass Market by Technology, 2023-2033, $ mn 121
Table 55. India Smart Glass Market by Control Mode, 2023-2033, $ mn 121
Table 56. India Smart Glass Market by Application, 2023-2033, $ mn 121
Table 57. South Korea Smart Glass Market by Technology, 2023-2033, $ mn 123
Table 58. South Korea Smart Glass Market by Control Mode, 2023-2033, $ mn 123
Table 59. South Korea Smart Glass Market by Application, 2023-2033, $ mn 123
Table 60. Smart Glass Market in Rest of APAC by Country/Region, 2023-2033, $ mn 125
Table 61. South America Smart Glass Market by Country, 2023-2033, $ mn 128
Table 62. Argentina Smart Glass Market by Technology, 2023-2033, $ mn 131
Table 63. Argentina Smart Glass Market by Control Mode, 2023-2033, $ mn 131
Table 64. Argentina Smart Glass Market by Application, 2023-2033, $ mn 131
Table 65. Brazil Smart Glass Market by Technology, 2023-2033, $ mn 133
Table 66. Brazil Smart Glass Market by Control Mode, 2023-2033, $ mn 133
Table 67. Brazil Smart Glass Market by Application, 2023-2033, $ mn 133
Table 68. Chile Smart Glass Market by Technology, 2023-2033, $ mn 135
Table 69. Chile Smart Glass Market by Control Mode, 2023-2033, $ mn 135
Table 70. Chile Smart Glass Market by Application, 2023-2033, $ mn 135
Table 71. MEA Smart Glass Market by Country, 2023-2033, $ mn 139
Table 72. UAE Smart Glass Market by Technology, 2023-2033, $ mn 142
Table 73. UAE Smart Glass Market by Control Mode, 2023-2033, $ mn 142
Table 74. UAE Smart Glass Market by Application, 2023-2033, $ mn 142
Table 75. Saudi Arabia Smart Glass Market by Technology, 2023-2033, $ mn 144
Table 76. Saudi Arabia Smart Glass Market by Control Mode, 2023-2033, $ mn 144
Table 77. Saudi Arabia Smart Glass Market by Application, 2023-2033, $ mn 144
Table 78. South Africa Smart Glass Market by Technology, 2023-2033, $ mn 146
Table 79. South Africa Smart Glass Market by Control Mode, 2023-2033, $ mn 146
Table 80. South Africa Smart Glass Market by Application, 2023-2033, $ mn 146
Table 81. Comparison of Main Products from Key Players 150
Table 82. Asahi Glass Co., Ltd. (AGC Inc.): Company Snapshot 153
Table 83. Asahi Glass Co., Ltd. (AGC Inc.): Business Segmentation 154
Table 84. Asahi Glass Co., Ltd. (AGC Inc.): Product Portfolio 154
Table 85. List of Risk Factors and Weight Percentages/Theoretical Maximum 175
Table 86. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 176
Table 87. Risk Evaluation for Investing in Global Market, 2023-2033 177
Table 88. Critical Success Factors and Key Takeaways 181
