Smart Glass Market 2022 Strategic Assessments - View Inc., Corning Incorporated, Gentex Corporation, Halio International SA

The Smart Glass Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The smart glass market was valued at USD 3.89 billion in 2020 and is expected to reach USD 7.96 billion by 2026, at a CAGR of 12.66% over the forecast period 2021 - 2026.

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Top Leading Companies of Smart Glass Market are View Inc., Corning Incorporated, Gentex Corporation, Halio International SA, AGC Group (Incl. AIS), Guardian Glass LLC, Polytronix Inc., Research Frontiers Inc., Compagnie de Saint-Gobain S.A (incl. SageGlass), Smart Films International, UniteGlass (part and others.

Industry News and Updates

April 2020 - Israeli startup Gauzy, the developer of liquid crystal glass panels for use in a variety of industries, has raised a Series C round of funds from investors Hyundai Motor Company, Singapore-based fund BlueRed Partners, and Avery Dennison, a US maker of labeling and packaging materials.

- November 2019 - At the Greenbuild International Conference and Expo, Avondzon, Kinestral Technologies, Inc. and Halio International, S.A., announced a 160-bed residential care center in Belgium that installed Halio smart-tinting glass. Developed and manufactured by Kinestral, Halio was used for 132 skylights to create a glass roof that would deliver maximum daylight without sacrificing the comfort of residents and staff.

Key Market Trends

North America is Expected to Hold the Largest Share

- Smart glass is becoming one of the region's popular building materials. One of the reasons for its growing popularity is that it is a multi-purpose building material that architects use for several different purposes.

- Smart glass has become an increasingly widespread feature for the commercial design sector because of its aesthetic value. For instance, Spirit Lake Casi-no and Resort, a fine dining restaurant in North Dakota, installed smart glass for providing (the guests) spectacular views of the natural surroundings, despite solar glare problems. The technology is also helping the restaurant save money by reducing the conditions' cooling load of air conditions during the sunny days.

- The demand for smart glass is increasing owing to the growing concerns of energy consumption in buildings, especially in the commercial sector. According to the Department of Energy (DOE), buildings account for 40% of the total energy consumption of the United States and about 70% of the electricity use. Windows are commonly considered as the least energy-efficient building components. They are responsible for about 40% of the total energy consumption for cooling and heating, as well as lighting (as natural light blocked by shades has to be replaced by artificial light, according to the California Energy Commission). The factors mentioned above are expected to influence the demand for smart glass in the region.

Regional Outlook of Smart Glass Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Smart Glass Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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