Press release
Emerging Innovations Set to Redefine the Smart Glass And Smart Window Market Landscape Through 2029
Smart Glass And Smart Window
The valuation of the smart glass and smart window sector has recorded notable recent expansion and is expected to rise from $6.85 billion in 2024 to $7.96 billion by 2025, reflecting a 16.2% CAGR. This upward movement has been supported by growing demand for energy-efficient buildings, increased adoption in vehicles and transportation systems, heightened focus on occupant comfort and privacy, government regulations encouraging sustainable construction, and expanding urbanization combined with commercial building projects.
Future valuation trajectory for Smart Glass And Smart Window Market
The market outlook for smart glass and smart windows remains highly positive, with the industry projected to reach $14.33 billion by 2029, growing at a 15.8% CAGR. Key forces driving this expansion include stricter energy-efficiency regulations, rising demand for privacy and enhanced security across residential and commercial spaces, deeper integration into electric and autonomous vehicles, stronger emphasis on sustainable construction practices, and expanding adoption across institutional and commercial facilities. Important developments during this forecast period include advances in materials science, new switchable glazing breakthroughs, improvements in dynamic light and heat regulation systems, ongoing research into energy-saving coatings, and the increasing convergence of automation with Internet of Things (IoT) connectivity.
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Drivers stimulating the Smart Glass And Smart Window Market
The growing adoption of electric vehicles is expected to play a central role in accelerating demand for smart glass and smart windows. Electric vehicles, powered by rechargeable battery systems, offer quieter operation, lower emissions, and improved energy efficiency compared to traditional fuel-powered vehicles. Rising fuel prices have further strengthened the business case for electric mobility across global markets.
Electric vehicle growth strengthening Smart Glass And Smart Window Market demand
Within vehicle interiors, smart glass and smart windows enable adaptive control of light and privacy, significantly improving passenger comfort while minimizing glare. These technologies also support sustainability by regulating heat and solar penetration, complementing eco-conscious automotive design principles. Reinforcing this trend, the International Energy Agency reported in May 2025 that global electric vehicle sales exceeded 17 million units in 2024, representing more than a 25 percent increase, or approximately 3.5 million additional vehicles compared to 2023. This rapid growth in EV adoption continues to act as a powerful driver of expansion for the smart glass and smart window industry.
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Technology trends influencing the Smart Glass And Smart Window Market
Leading manufacturers in the smart glass and smart window industry are focusing on the development of advanced systems such as integrated dual smart glass solutions. These innovations are designed to enhance energy efficiency, occupant comfort, and privacy while supporting modern vehicle aesthetics and sustainable architectural design. Dual smart glass systems combine multiple smart technologies within a single glazing unit to optimize light control, thermal performance, and visual separation.
Innovation shaping the Smart Glass And Smart Window Market
For example, in April 2025, Israeli smart glass company Gauzy Ltd. introduced a dual smart glass system that merges suspended particle device (SPD) technology with polymer-dispersed liquid crystal (PDL) functionality. This composite solution was installed on approximately 75% of the window surfaces of the Mercedes-Benz Vision V concept vehicle. The debut marked the first application of Gauzy's stacked dual smart glass within a Mercedes-Benz model, enabling dynamic control of opacity, solar protection, and privacy while enhancing interior wellness and system performance. The technology also allows for projection-ready surfaces and adjustable interior partitions, expanding in-vehicle experience possibilities.
Market segmentation structure of Smart Glass And Smart Window Market
The smart glass and smart window market covered in this report is segmented -
By Technology: Electrochromic, Photochromic, Thermochromic, Suspended Particle Devices, Polymer Dispersed Liquid Crystal, Other Technologies
By Functionality: Active, Passive
By Application: Architectural, Automotive, Aerospace, Marine, Other Applications
By End-User: Residential, Commercial, Industrial, Transportation, Other End-Users
Subsegments:
Electrochromic: Inorganic Electrochromic Glass, Organic Electrochromic Glass, Hybrid Electrochromic Glass, Nanocrystal-Based Electrochromic Glass
Photochromic: Silver Halide-Based Photochromic Glass, Organic Photochromic Glass, Inorganic Oxide-Based Photochromic Glass
Thermochromic: Vanadium Dioxide (VO2)-Based Thermochromic Glass, Tungsten Oxide-Based Thermochromic Glass, Polymer-Based Thermochromic Glass, Hybrid Thermochromic Materials
Suspended Particle Devices (SPD): Light-Blocking SPD Glass, Sunlight-Control SPD Glass, Automotive SPD Panels, Architectural SPD Windows
Polymer Dispersed Liquid Crystal (PDLC): Droplet-Type PDLC, Polymer Network Liquid Crystal (PNLC), Polymer Stabilized Liquid Crystal (PSLC), Reverse Mode PDLC
Other Technologies: Micro-Blinds Technology, Liquid Crystal On Silicon (LCoS), Micro-Electro-Mechanical Systems (MEMS)-Based Smart Glass, Nanostructured Smart Coatings
Key companies leading the Smart Glass And Smart Window Market
Major companies operating in the smart glass and smart window market are Saint-Gobain S.A.; Merck kgA; PPG Industries Inc.; Asahi Glass Co. (AGC); Corning Incorporated; Pro Display; Skyline Design; View Inc.; Halio Inc.; Gauzy Ltd.; Inno Glass Technology (Qingdao) Co. Ltd.; Kinestral Technologies Inc.; Jiangsu All Brilliant Technology; Miru Smart Technologies; Smartglass International Ltd.; DMDisplay Co. Ltd.; LTI Smart Glass; Chiefway Optoelectronics; Chromogenics AB; Citala; Innovative Glass Corporation; Ravenbrick LLC; Scienstry Inc.; uniteglass; Research Frontiers Inc.
Regional growth outlook for Smart Glass And Smart Window Market
North America was the largest regional market for smart glass and smart windows in 2024. Asia-Pacific is anticipated to be the fastest-growing region across the forecast period. The regions covered in the smart glass and smart window market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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