Press release
Smart Windows Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Smart Windows Market
Smart Windows Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been considerable growth in the smart windows market size in the last few years. The market, which is expected to rise from a value of $5.83 billion in 2024 to $6.5 billion in 2025, anticipates a compound annual growth rate (CAGR) of 11.6%. This notable growth in the previous period could be due to various factors such as increased regulatory initiatives aimed at promoting energy efficiency in buildings, heightened awareness of environmental sustainability, increasing energy costs, and the impetus to enhance occupant well-being and satisfaction in residential, commercial, and institutional buildings, as well as a steady increase in urbanization and infrastructure expansion.
Smart Windows Market Size Forecast: What's the Projected Valuation by 2029?
The market size for smart windows is predicted to experience substantial expansion in the coming years, with projections estimating a value of $9.97 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.3%. This growth throughout the forecast period can be attributed to several factors. These include the escalating demand for smart homes and buildings furnished with connected devices and automation systems, a growing emphasis on health and wellness in architectural design, an increase in government incentives and regulations in support of energy efficiency and sustainability in buildings, the emergence of smart cities and initiatives promoting sustainable urban development, and heightened awareness about indoor air quality (IAQ). Key trends for the forecast period encompass advancements in the Internet of Things (IoT) and building automation technologies, artificial intelligence (AI) integration for predictive and adaptive control, the merging of smart windows with wider smart home ecosystems, and the creation of improved user interface and control alternatives.
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What Are the Drivers Transforming the Smart Windows Market?
The smart window market is projected to expand due to an increased interest in smart home solutions. Such solutions encompass numerous technologies and systems that unite various devices and appliances within a residence to boost comfort, convenience, safety, energy efficiency and automation. Consumers' craving for convenience, superior energy efficiency, and increased safety is fueling the demand for smart home solutions. Smart windows fortify the operation of smart homes by controlling natural light and privacy degrees, maximizing energy allocation, and elevating overall comfort and convenience for occupants. For example, a report issued by techUK, a membership association for the tech industry based in the UK, indicated that in November 2022, 77% of UK adults will have a minimum of one connected home device, which is a growth from 67% pre-pandemic and a 1% increase from 2021. Furthermore, the percentage of 'advanced adopters,' those owning more than three connected home devices, climbed to 26% in 2022 from 24% in 2021. Thus, an increment in the desire for smart home solutions stimulates the smart window market.
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What Long-Term Trends Will Define the Future of the Smart Windows Market?
Leading firms in the smart window market strive towards advancing automation and interactive technologies upgrades, including voice and app-activated windows, to boost efficiency, make energy usage more effective, and heighten comfort in residential and commercial structures. With voice and app-activated windows, the user can operate windows through vocal instructions or via mobile applications, offering convenience, adaptability and increased accessibility. To illustrate, in February 2024, Marvin, a firm based in the US specialized in custom-making windows and doors, introduced a new line of Smart Window and Door. This range of products combines automation and smart tech into its windows, skylights, and doors. The objective of these smart products is to elevate indoor living quality through features that can be automated such as voice-activated window and door openings, sensors for identifying rain and avoiding obstructions, and settings that can be pre-set for climate management.
Which Segments in the Smart Windows Market Offer the Most Profit Potential?
The smart windows market covered in this report is segmented -
1) By Type: Organic Light-Emitting Diode (OLED) Glass, Self-Dimming Window, Self-Repairing Windows
2) By Technology: Suspended Particle Devices Light Modulator, Polymer Dispersed Liquid Crystal Devices Scanner, Electrochromic
3) By Application: Residential, Industrial, Commercial, Transport
Subsegments:
1) By Organic Light-Emitting Diode (OLED) Glass: Transparent OLED Displays, OLED-Based Privacy Glass, OLED-Based Light-Controlled Windows
2) By Self-Dimming Window: Electrochromic Windows, Photochromic Windows, Thermochromic Windows
3) By Self-Repairing Windows: Self-Healing Coatings, Nano-Coating Technologies, Polymer-Based Self-Repairing Windows
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Which Firms Dominate the Smart Windows Market by Market Share and Revenue in 2025?
Major companies operating in the smart windows market are Saint-Gobain S.A., AGC Inc., Gentex Corporation, Pilkington Group Limited, Hitachi Chemical Co. Ltd., View Inc., Gauzy Ltd., Halio International, SAGE Electrochromics, Kinestral Technologies Inc., Polytron Technologies Inc., Smartglass International Ltd., Heliotrope Technologies Inc., ChromoGenics AB, GlasNovations Ltd., Innovative Glass Corporation, Raven Windows Inc., Smart Windows Colorado, SPD Control Systems Corporation, Stellaris Corporation, Scienstry Inc., Smart Tint Inc., Citala Ltd., Pleotint LLC, Research Frontiers Inc.
Which Regions Offer the Highest Growth Potential in the Smart Windows Market?
North America was the largest region in the smart windows market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the smart windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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