2020 Smart Glass Market, Size, Share, Outlook and Growth Opportunities -2026
- ID:OGA1812MVS484
- Published: June-2020
- Pages:110
- OG Analysis
Global Smart Glass Market Outlook and Growth Opportunities to 2026: By Technology (Electrochromic, Photochromic, Thermochromic, Polymer Dispersed Liquid Crystal (PDLC), and Suspend Particle Devices (SPD)), By Application (Transportation, Architectural, Power Generation and Consumer Electronics) and By Region
Global Smart Glass Market is poised to report 19.64%year-on-year growth in 2020. The smart glass controls the transmission properties of light in various heat and voltage and therefore, they are highly used in the construction field in the form of electrochromic windows. Accordingly, the demand for smart glass is increasing since past few years and is anticipated to grow in the upcoming years. The smart glass has gained their ability of thermal and energy conservation with 3D designer proposition, which encourages the key players operating in the smart glass industry to boost their investments.
The COVID-19 pandemic had a negative impact on the market size for the year 2020, with small and medium scale companies struggling to sustain their businesses in the near term future. We anticipate around 2% to 3% deviation in growth (CAGR) outlook due to the corona virus spread. The Smart Glass market growth has become variable by region with some countries offering huge growth potential while others face closures and low profit margins.
In end user industries such as construction, automotive, and transportation, the smart glass is highly used. The smart glass market is driven by the growth in automotive industry. In automotive sector, the smart glassis expected to provide 98% UV protection and 40% solar reduction for maintaining the vehicle cabin more comfortable. The automotive is the largest consumer of glass capturing major revenue share in previous years.
Electrochromic technology is projected to be dominant segment during the forecast period
The report analyses the global smart glass market based on technology as electrochromic, photochromic, thermochromic, polymer dispersed liquid crystal (PDLC), and suspend particle devices (SPD).
The electrochromic glass technology is projected to witness strong growth in revenue during the estimation period 2020-2026. The technology consumes low voltage and delivers high ratio of UV and IR rays. The growth rate hasbeen attributed to the dynamic applicability of the technology in both automobile and domestic sectors.
Thepolymer dispersedliquid crystal segment growth is attributed highlyowing to its consumption of low voltage, high stability of heat, and moisture.
The suspend particle device technology can save more than 25% electrical usage. Energy consumption is reduced through vibrant controller of solar radiations in office buildings and residential homes which results in dramatic reduction of HVAC energy usage.
Transportation segment remains as a major application in global smart glass market
Transportation is said to be the top investment in smart glass market owing to the rise in use of smart glass in automotive and aerospace industry. Compared to normal glass, smart glass controls the heat, reduce carbon emissions and increase fuel efficiency.
Smart glass is extensively used as windows, sunroofs, doors, mirrors, windshields and others in transportation sector. The necessity for reducing heat build-up and limiting the viewing degree is boosting the smart glass demand in transportation application. Further, the global smart glass market based on application is segmented into architectural, power generation and consumer electronics.
Global smart glass market analysis by geography
The report analyses the global smart glass market for countries across North America, Europe, Asia Pacific, South & Central America, and Middle east & Africa. The increase in utilization of suspend particle device and high production of smart glass are booming the North America smart glass market. North America region dominates the industry and expected to grow at higher rate by 2026. Increasing automobile production and presence of key players are anticipated to boost the North America smart glass market growth over the years.
Europe is expected to grow at a highest CAGR rate overthe forecast period 2020-2026. The hospitality and automotive manufacturing sector in this region have grown extensively due to government policies over the past years. Germany has the highest market share in previous years and is expected to maintain its share over the upcoming years. Rise in demand for luxury automobiles is one of the major factors, which enhances the demand for smart glass.
Key players of global smart glass market
Active Glass Technologies PLC, Nippon Sheet Glass Co. Ltd., Essex Safety Glass Ltd., SPD Control Systems Corporation, PPG Industries, Saint-Gobain SA, Raven brick, Pro Display, Gentex Corporation and Hitachi Chemical Company.
Scope:
Long term perspective on the Smart Glassindustry: 2019 (base year), 2020- 2026 (forecast period)
Smart Glass Market- Forecasts by Segments- Technology and Application by geography.
- The research work categorizes the global smart glass market based on technology into 5 categories including electrochromic, photochromic, thermochromic, polymer dispersed liquid crystal (PDLC), and suspend particle devices (SPD).
- It provides the market outlook by 4 applications including transportation, architectural, power generation and consumer electronics.
- The report analyses the global smart glass market across countries in 5 regions including Asia-Pacific, Europe, North America, South & Central America, and Middle East & Africa.
Smart Glass Market- Strategic Analysis Review
- Key strategies opted by leading players
- Short to Long Term Industry Trends
- Porter’s Five Forces Analysis
- Supply side and Demand Side Drivers and Challenges
Smart Glass Market- Growth Opportunities
- Potential New Business Opportunities
- Key Areas of Focus in forecast period
Market- Competitive Scenario
- 10 companies are analysed in the report Active Glass Technologies PLC, Nippon Sheet Glass Co. Ltd., Essex Safety Glass Ltd., SPD Control Systems Corporation, PPG Industries, Saint-Gobain SA, Raven brick, Pro Display, Gentex Corporation and Hitachi Chemical Company.
- Company Peer-to-Peer Comparison
- Company Profile and SWOT Analysis
- Financial Analysis
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Introduction to Global Smart Glass Market
2.1 Global Smart Glass Market Snapshot, 2019
2.2Smart GlassIndustry Overview
2.3 Research Perspective
3. Global Smart Glass Market- Strategic Analysis
3.1 Short Term and Long Term Industry Trends Affecting Global Smart Glass Markets
3.2 Leading Smart Glass Types Targeted by Global Manufacturers
3.3 Key Consumption Patterns of Smart Glass
3.4 Potential Markets Vital for business Expansion
3.5 Five Forces Analysis
3.6 Drivers and Restraints
4. Global Smart Glass Market Outlook and Growth Opportunities by Technology
4.1 Electrochromic Technology Based Smart Glass Market Outlook, 2020- 2026
4.2 Photochromic Technology Based Smart Glass Market Outlook, 2020- 2026
4.3 Thermochromic Technology Based Smart Glass Market Outlook, 2020- 2026
4.4 Polymer Dispersed Liquid Crystal (PDLC), Technology Based Smart Glass Market Outlook, 2020- 2026
4.5 Suspend Particle Devices (SPD) Technology Based Smart Glass Market Outlook, 2020- 2026
5. Global Smart Glass Market Outlook and Growth Opportunities by Application
5.1 Smart Glass Demand in Transportation, Market Outlook, 2020- 2026
5.2 Smart Glass Demand in Architectural, Market Outlook, 2020- 2026
5.3 Smart Glass Demand in Power Generation, Market Outlook, 2020- 2026
5.4 Smart Glass Demand in Consumer Electronics, Market Outlook, 2020- 2026
6. Asia Pacific Smart Glass Market Outlook and Growth Opportunities
6.1 Key Findings, 2019
6.2 Asia Pacific Smart Glass Market Outlook by Technology, 2020- 2026
6.3 Asia Pacific Smart Glass Market Outlook by Application, 2020- 2026
6.4 Asia Pacific Smart Glass Market Outlook by Country, 2020- 2026
7. Europe Smart Glass Market Outlook and Growth Opportunities
7.1 Key Findings, 2019
7.2 Europe Smart Glass Market Outlook by Technology, 2020- 2026
7.3 Europe Smart Glass Market Outlook by Application, 2020- 2026
7.4 Europe Smart Glass Market Outlook by Country, 2020- 2026
8. North America Smart Glass Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 North America Smart Glass Market Outlook by Technology, 2020- 2026
8.3 North America Smart Glass Market Outlook by Application, 2020- 2026
8.4 North America Smart Glass Market Outlook by Country, 2020- 2026
9. South & Central America Smart Glass Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 South & Central America Smart Glass Market Outlook by Technology, 2020- 2026
9.3 South & Central America Smart Glass Market Outlook by Application, 2020- 2026
9.4 South & Central America Smart Glass Market Outlook by Country, 2020- 2026
10. Middle East & Africa Smart Glass Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 Middle East & Africa Smart Glass Market Outlook by Technology, 2020- 2026
10.3 Middle East & Africa Smart Glass Market Outlook by Application, 2020- 2026
10.4 Middle East & Africa Smart Glass Market Outlook by Country, 2020- 2026
11. Competitive Landscape
11.1 Leading Players (Company Profile, SWOT Analysis, Smart Glass Products, Financial Analysis)
11.1.1 Active Glass Technologies PLC
11.1.2 Nippon Sheet Glass Co. Ltd.
11.1.3 Essex Safety Glass Ltd.
11.1.4 SPD Control Systems Corporation
11.1.5 PPG Industries
11.1.6 Saint-Gobain SA
11.1.7 Raven brick
11.1.8 Pro Display
11.1.9 Gentex Corporation
11.1.10 Hitachi Chemical Company
11.2 Company Benchmarking
11.3 Financial Analysis
12. Recent News and Deals Landscape
12.1 Mergers and Acquisitions
12.2 New Product Launches
12.3 Asset Transactions
12.4 Financial Announcements
13 Appendix
13.1 OGAnalysis Expertise
13.2 Sources and Research Methodology
13.3 Contact Information
| Type | Delivery Format | Details |
|---|---|---|
| Hard Copy | A printed copy of the report will be shipped to you. | |
| CD-ROM | The report will be shipped to you in CD ROM format. | |
| SINGLE USER Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows one specific user access to the product. |
| SITE LICENSE Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows all users within a given geographical location of your organization access to the product. |
| ENTERPRISEWIDE Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows all employees within your organization in different geographic locations access to the product. |
| 1 - 5 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to five users have access to the product. |
| 1 – 10 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to ten users have access to the product. |
| 1 – 15 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to fifteen users have access to the product. |
| 1 - 5 USERS Online Access (For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to five users have access to the product. |
| 1 - 10 USERS Online Access(For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to ten users have access to the product. |
| 1 - 15 USERS Online Access(For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to fifteen users have access to the product. |
| 1 - 5 USERS Electronic (Excel) | The Excel spreadsheet will be emailed to you. | The license allows up to five users have access to the product. |