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Competitive Analysis: Leading Companies and New Entrants in the Smart Glass and Smart Window Market
Smart Glass And Smart Window Market
Projected Market Value and Growth of the Smart Glass and Smart Window Market
The smart glass and smart window market is expected to expand rapidly, reaching a valuation of $16.57 billion by 2030. This growth corresponds to a robust compound annual growth rate (CAGR) of 15.7%. Several factors contribute to this upward trend, including heightened demand for energy-saving smart buildings, integration with Internet of Things (IoT) technology in home and office automation, increasing use in electric and autonomous vehicles, technological advancements in MEMS and nanostructured smart coatings, and stronger regulations promoting green building certifications. Key market trends anticipated over the forecast period involve smart glass integration with building automation systems, development of energy-efficient electrochromic and thermochromic glazing, rising adoption in automotive and aerospace industries, improved user-controlled and sensor-driven tinting, as well as more privacy-enhancing and glare-reducing solutions.
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Primary Companies Leading the Smart Glass and Smart Window Industry
The smart glass and smart window market features several major companies driving innovation and expansion. Leading players include 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, and Research Frontiers Inc.
A notable collaboration occurred in March 2025 when Argotec S.r.l., a US firm specializing in advanced thermoplastic polyurethane interlayer films, partnered with Miru Smart Technologies Corp., based in Canada, to create electrochromic sunroof windows for vehicles. This alliance focuses on developing next-generation sunroofs that dynamically adjust tint levels to boost passenger comfort, reduce glare, and improve vehicle energy efficiency.
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Emerging Innovations and Trends in the Smart Glass and Smart Window Market
Key industry players are dedicating efforts toward developing advanced smart glass solutions that combine multiple functionalities to enhance energy savings, comfort, and privacy. One such advancement is dual smart glass technology, which merges two smart glass functions-like tint control and privacy switching-into a single glazing system to optimize light management, heat control, and privacy for buildings and vehicles.
For example, in April 2025, Gauzy Ltd., an Israeli smart glass technology firm, introduced a dual smart glass product that combines suspended particle device (SPD) and polymer-dispersed liquid crystal (PDL) technologies. This innovative glazing has been incorporated into about 75% of the Mercedes-Benz Vision V show car's windows. It represents Mercedes-Benz's first use of Gauzy's dual smart glass stack, offering dynamic control over transparency, shading, and privacy while improving passenger comfort and energy efficiency. Additionally, the technology supports immersive passenger experiences through projection-capable surfaces and adaptable partitions.
Understanding the Key Segments of the Smart Glass and Smart Window Market
The smart glass and smart window market is categorized into several main segments to better analyze its scope and opportunities. These segments include:
1) Technology: Electrochromic, Photochromic, Thermochromic, Suspended Particle Devices (SPD), Polymer Dispersed Liquid Crystal (PDLC), and Other Technologies
2) Functionality: Active and Passive
3) Application: Architectural, Automotive, Aerospace, Marine, and Other Applications
4) End-User: Residential, Commercial, Industrial, Transportation, and Other End-Users
Further breakdown of subsegments offers detailed views of specific technologies:
- Electrochromic: Inorganic Electrochromic Glass, Organic Electrochromic Glass, Hybrid Electrochromic Glass, Nanocrystal-Based Electrochromic Glass
- Photochromic: Silver Halide-Based, Organic, and Inorganic Oxide-Based Photochromic Glass
- Thermochromic: Vanadium Dioxide (VO2)-Based, Tungsten Oxide-Based, Polymer-Based, and 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
This structured segmentation highlights the diversity and technological sophistication within the smart glass and smart window market, pointing to numerous avenues for innovation and application.
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