Dublin, Jan. 31, 2025 (GLOBE NEWSWIRE) — The “Smart Windows – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Smart Windows was valued at US$5.1 Billion in 2023 and is projected to reach US$11 Billion by 2030, growing at a CAGR of 11.5% from 2023 to 2030.
The growing emphasis on green building certifications and energy-saving solutions has driven the adoption of smart windows across residential, commercial, and automotive applications.
How Are Technological Innovations Driving Smart Window Capabilities?
Technological advancements have significantly expanded the functionalities and appeal of smart windows. Electrochromic technology, one of the most prevalent methods, enables precise control over tint levels, allowing windows to transition seamlessly from transparent to opaque. Integration of Internet of Things (IoT) technologies has enhanced automation and user control, enabling smart windows to be managed via smartphone apps or integrated into building management systems.
Recent developments in nanotechnology have further improved the efficiency and durability of smart window coatings, while advances in photovoltaic smart windows allow them to generate electricity in addition to controlling light. Additionally, the emergence of transparent OLED displays embedded in smart windows has opened up possibilities for dynamic signage and interactive interfaces.
Who Are the Major End-Users and What Applications Are Driving Market Growth?
The smart windows market serves a diverse array of end-users, including building owners, automotive manufacturers, and public infrastructure developers. In the construction sector, smart windows are becoming an essential feature in modern skyscrapers, energy-efficient residential buildings, and smart homes. Automotive applications are also on the rise, with smart windows being used for glare reduction, privacy enhancement, and improved passenger comfort. The transportation sector, including aviation and railways, is adopting smart windows to create more energy-efficient and comfortable cabin environments.
Furthermore, there is growing interest in leveraging smart windows for healthcare facilities, where they can improve patient recovery environments by providing natural light and privacy control.
What Are the Key Drivers Behind the Growing Demand for Smart Windows?
The growth in the smart windows market is driven by several factors, including advancements in materials science, shifts in consumer preferences, and regulatory incentives. Increasing concerns about energy efficiency and carbon emissions have accelerated the adoption of smart windows in green building initiatives. Rising demand for connected and smart home solutions has made these windows an attractive option for homeowners. The automotive sector’s focus on enhancing passenger comfort and vehicle energy efficiency is another major driver.
Additionally, government policies promoting energy-efficient technologies and subsidies for green construction have bolstered market growth. Consumer awareness of sustainability and technological innovations, such as cost-effective manufacturing processes and multifunctional coatings, are further catalyzing demand for smart windows across various sectors.
Scope of the Study
The report analyzes the Smart Windows market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments:
- Window Type (OLED Glass Windows, Other Window Types)
- Technology (Suspended Particle Devices (SPD) Technology, Electrochromic Technology, Polymer Dispersed Liquid Crystal (PDLC) Technology, Other Technologies).
Geographic Regions/Countries:
- World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the OLED Glass Windows segment, which is expected to reach US$5.5 Billion by 2030 with a CAGR of a 9.9%. The Other Window Types segment is also set to grow at 13.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $2.2 Billion in 2023, and China, forecasted to grow at an impressive 13.5% CAGR to reach $1.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AGC, ChromoGenics, Diamond Glass, Eastman Chemical Company, Gentex, Guardian Glass, Polytronix and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Smart Windows Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 65 major companies featured in this Smart Windows market report include:
- AGC
- ChromoGenics
- Diamond Glass
- Eastman Chemical Company
- Gentex Corporation
- Guardian Glass
- Innovative Glass Corporation
- Merck
- NSG Group
- Onyx Solar Group
- Polytronix
- PPG Aerospace
- RavenWindow
- SageGlass
- Scienstry
- Smart Glass International
- Smart Windows Colorado
- View
- Vista Window Company
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 280 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $5.1 Billion |
| Forecasted Market Value (USD) by 2030 | $11 Billion |
| Compound Annual Growth Rate | 11.5% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Smart Windows: A Prelude
- Smart Glass: A Growing Area of Interest
- Types of Smart Windows
- Global Economic Update
- Competitive Scenario
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024
- Leading Smart Glass Windows Startups
- Global Market Analysis and Prospects
- Global Smart Windows Market Enters Corridors of Power with Shades of Healthy Growth
- Growth Drivers in a Nutshell
- Key Growth Restraints
- Developed Markets Dominate, while Developing Markets Drive Growth
- China: A Fast Growing Market for Smart Windows
- High Costs: A Major Issue
- Innovative Transparent Battery for Functional, Affordable Electrochromic Smart Windows
- Polymeric Electrochromic Smart Window as Alternative to Traditional Options in Modern Structures
- Salient Trends with Favorable Implications for Automotive Smart Window Market
- Game-Changing Innovations with Potential to Shift Boundaries of Smart Windows
- Recent Market Activity
- Influencer/Product/Technology Insights
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
- The Construction Sector’s 2025 Outlook and Rising Demand for Smart Windows
- Smart Windows Transform Construction with Innovation and Sustainability
- Transportation: An Important Market for Smart Windows
- Driving into the Future: The Transformative Power of Smart Glass Technology
- Self-Cleaning and Self-Repairing Applications Gain Momentum
- Self-Tinting in Automobile Windows : An Insight
- Lightweight Smart Glass: First-Choice Materials in Connected Cars
- Smart Windows Seek Opportunities in Self-Driving Cars
- Recovery in Automobiles Production: An Important Opportunity Indicator
- Proliferation of Electric Vehicles to Help Smart Glass Find Mainstream Adoption
- Spiraling Electricity Usage and Resulting Energy Costs Spur Demand for Automatic Tinting Windows in the Building Sector
- Smart Windows in Aircrafts Enable Efficient Management of Light and Glare
- Growing Focus on Enhancing Consumer Experience at Airports to Drive Smart Window Installations
- Smart Glass for Smart Yachts: A Potential Growth Avenue
- 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 Windows to Touch New Ceiling with Amazing Smart Glass Innovations
- Transformative Innovations & Trends Shaping the Future of Smart Glass Window
For more information about this report visit https://www.researchandmarkets.com/r/8pr4hc
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