Press release
Leading Growth Driver in the Smart Glass Market in 2025: Increasing Construction Industry Driving Growth Of Smart Glass Market Driver's Influence
Smart Glass Market Size
The smart glass market has grown rapidly in recent years. It will increase from $7.57 billion in 2024 to $8.52 billion in 2025, at a CAGR of 12.5%. This growth is attributed to technological advancements, a focus on energy efficiency, adoption in the construction sector, IoT integration advancements, and demand in the automotive industry.
The smart glass market is expected to grow rapidly, reaching $12.68 billion by 2029 with a CAGR of 10.5%. Growth is driven by advancements in smart glass technologies, a focus on energy efficiency, and integration with IoT and smart technologies. Trends include technological advancements, energy-efficient solutions, smart home integrations, and expanding applications.
What Is Contributing to the Growth of the Smart Glass Market?
The expansion of the construction industry is expected to accelerate the growth of the smart glass market in the coming years. The construction sector encompasses all activities related to designing, planning, building, and maintaining infrastructure and structures. Factors such as population growth, urbanization, economic expansion, infrastructure investments, technological advancements, and sustainability concerns have fueled the industry's growth. Smart glass is an appealing option for the construction sector as it enhances the sustainability, comfort, and technological advancement of buildings. For instance, according to the U.S. Census Bureau, a U.S.-based government agency, total construction spending reached $1,840.9 billion in 2022 and increased to $1,978.7 billion in 2023, marking a 7% rise. As a result, the growing construction industry is driving the smart glass market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14499&type=smp
Which Key Market Leaders Are Driving Smart Glass Industry Growth?
Major companies operating in the smart glass market are Huawei Technologies Co. Ltd., Hitachi Chemical Co. Ltd., General Electric Company, Compagnie de Saint-Gobain S.A., Honeywell International Inc., Ericsson, Merck Group, PPG Industries Inc., AGC Inc., Polytronix Inc., ADT Inc., VELUX Group., Gentex Corporation, Switch Materials Inc., AGP eGlass, Kore Wireless Group, View Inc., Intevac Inc., Kinestral Technologies Inc., Quantum Glass GmbH, SAGE Electrochromics Inc., Soladigm Inc., Gauzy Ltd., Eyrise B.V., Halio Inc., 100Plus Inc., Heliotrope Technologies Inc., Pleotint LLC
What Are the Emerging Trends in the Smart Glass Industry?
Leading companies in the smart glass market are introducing cutting-edge solutions like smart privacy glass to strengthen their market presence. This technology enables glass to switch between transparent and opaque states on demand. For example, in November 2023, Kolbe, a US-based window and glass manufacturer, in partnership with Gauzy Ltd., an Israel-based smart glass technology company, launched a smart privacy glass solution for residential homes. This innovation incorporates premium polymer-dispersed liquid crystal (PDLC) films between glass panes, allowing users to adjust transparency with a remote control, touch panel, or home automation system. Available in select Kolbe window and door products, this technology provides enhanced privacy and shading options.
What Are the Main Segments in the Smart Glass Market?
The smart glass market covered in this report is segmented -
1) By Type: Electrochromic, Suspended Particle Device (SPD), Liquid Crystal, Passive, Other Types
2) By Control System: Manual, Remote, Mobile-based, Voice-based, Other Control Systems
3) By End User: Transportation, Construction, Power Generation, Other End Users
Subsegments:
1) By Electrochromic: Electrochromic Glass for Windows, Electrochromic Glass for Architectural and Automotive Applications
2) By Suspended Particle Device (SPD): SPD Glass for Windows, SPD Glass for Skylights and Curtain Walls
3) By Liquid Crystal: Liquid Crystal Display (LCD) Glass, Liquid Crystal Smart Glass for Privacy Control
4) By Passive: Thermochromic Glass, Photochromic Glass
5) By Other Types: Micro Blinds Smart Glass, Nanocrystal Smart Glass
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/smart-glass-global-market-report
Which Geographic Area Leads the Smart Glass Market?
Europe was the largest region in the smart glass market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the smart glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Smart Glass Global Market Report?
- Market Size Analysis: Analyze the Smart Glass Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Glass Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Glass Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Glass Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14499
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Growth Driver in the Smart Glass Market in 2025: Increasing Construction Industry Driving Growth Of Smart Glass Market Driver's Influence here
News-ID: 3856427 • Views: …
More Releases from The Business Research Company
Global Trends Overview: The Rapid Evolution of the In-Flight Catering Services M …
The in-flight catering services sector is poised for significant expansion as global air travel continues to recover and evolve. Changing passenger preferences, technological advancements, and sustainability efforts are all shaping the future of this market. Below, we explore its projected growth, leading industry players, emerging trends, and key market segments.
Strong Growth Outlook for the In-Flight Catering Services Market
The in-flight catering services market is anticipated to grow impressively, reaching…
Leading Companies Enhancing Their Presence in the Indian Ginseng Market
The Indian ginseng market is on the cusp of substantial growth, driven by increasing consumer awareness around natural health and wellness products. As demand for adaptogenic herbs rises globally, the market is expected to witness notable expansion, fueled by innovations and shifting preferences toward plant-based supplements.
Projected Expansion and Market Size of Indian Ginseng
The Indian ginseng market is forecasted to reach a value of $1.36 billion by 2030, growing…
Future Perspective: Key Trends Shaping the Hopped Malt Extract Market up to 2030
The hopped malt extract market is set for significant expansion as consumer preferences evolve and brewing technologies advance. This sector is increasingly benefiting from the rising demand for specialized beers and innovative brewing practices, which are shaping its growth trajectory. Let's explore how the market is expected to develop, who the main players are, and the emerging trends driving change.
Expected Growth Trajectory of the Hopped Malt Extract Market
The…
Analysis of Key Market Segments Driving the Heterogeneous Catalyst Market
The heterogeneous catalyst industry is positioned for significant expansion as demand for environmentally friendly and efficient industrial processes continues to rise. Innovations in catalyst technology and growing applications across various sectors are setting the stage for robust market growth. Here is a detailed overview of the market size, key players, influential trends, and segment forecasts shaping this dynamic industry.
Projected Market Size and Growth Outlook for the Heterogeneous Catalyst Industry …
More Releases for Glass
Depression Glass Market 2023- Industry Revenue and Price | Hazel-Atlas Glass Com …
The Depression Glass market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Auto Glass Market Is Booming Worldwide | Fuyao Glass, Webasto, Xinyi Glass, Asah …
Advance Market Analytics published a new research publication on "Auto Glass Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Auto Glass market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Recycled Glass Market 2023 Business Strategies - Cap Glass, Glass Recycled Surfa …
Newly added by Fior Markets study on Global Recycled Glass Market 2023 contains a detailed analysis of data through industrial dynamics which has a major impact on the growth of the market. The report categorizes the global Recycled Glass market by segmented top key players, type, application, marketing channel, and regions. The report provides a complete understanding of the market in the coming years. It looks over the market with…
Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and…
Insulated Glass Market Analysis: Top Companies Includes (Cardinal Glass Industri …
Insulated glass refers to two or more lites of glass sealed around the edges with an air space between, to form a single unit.
Insulating glass is a very effective way to reduce air-to-heat transfer through the glazing. When used in conjunction with low-E and/or reflective coatings, IG units perform even better for conserving energy and complying with local codes. The most common configuration of IG units for commercial building is…
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment.
CLICK HERE to Request Sample…
