The global smart glass market size is projected to reach USD 15,788.0 million by the end of 2027. The increasing investments in the research and development of low cost and efficient products will bode well for market growth. 

the smart glass market was experiencing growth due to advancements in technology and increased demand for energy-efficient solutions in various industries. Smart glass, also known as switchable glass or electrochromic glass, can change its transparency or color based on external stimuli such as light, heat, or voltage.

Here are some key points about the smart glass market:

1. Applications:

   • Architectural: Smart glass is used in windows, skylights, and partitions in buildings to control sunlight and enhance energy efficiency.

   • Automotive: Some luxury cars use smart glass for sunroofs or windows to improve privacy and reduce glare.

   • Aviation: Aircraft windows with smart glass technology can dynamically control light and reduce glare.

   • Consumer Electronics: Smart glass is also used in devices like smart mirrors and displays.

2. Key Technologies:

   • Electrochromic: Changes its color or opacity in response to an electric voltage.

   • Photochromic: Reacts to changes in light conditions.

   • Thermochromic: Alters transparency based on temperature changes.

3. Market Drivers:

   • Energy Efficiency: Smart glass helps in reducing energy consumption by optimizing natural light and controlling heat gain.

   • Privacy and Security: The ability to control transparency provides enhanced privacy and security.

   • Technological Advancements: Ongoing research and development lead to improved functionalities and cost-effectiveness.

4. Challenges:

   • Cost: Smart glass technology can be expensive, limiting widespread adoption.

   • Durability: Some technologies may face challenges in terms of long-term durability and reliability.

   • Awareness: Awareness among end-users and industries about the benefits of smart glass can be a hurdle.

5. Market Players:

   • Several companies are involved in the smart glass market, including but not limited to SageGlass (a subsidiary of Saint-Gobain), Research Frontiers, View Inc., AGC Inc., and Pleotint.

6. Future Trends:

   • Integration with IoT: Smart glass may increasingly integrate with the Internet of Things (IoT) for enhanced automation and control.

   • Healthcare Applications: Smart glass may find applications in healthcare settings, such as smart privacy glass in hospitals.

List of companies profiled in the report:

• Saint-Gobain (France)

• View, Inc. (U.S.)

• GENTEX Corporation (U.S.)

• Polytronix, Inc. (U.S.)

• Smartglass International Limited (Ireland)

• Glass Apps (U.S.)

• Scienstry, Inc. (U.S.)

• AGC Inc. (Japan)

• Research Frontiers (U.S.)

• Essex Safety Glass (UK)

• Gauzy Ltd and Entities (Israel)

• BSG Glass (Thailand)

• Asahi India Glass Ltd. (India)

• Schott AG (Germany)

• Central Glass Co., Ltd. (Japan)

• Pleotint LLC (U.S.)

• SPD Control Systems Corporation (U.S.)

• Other key players

Information Source:https://www.fortunebusinessinsights.com/smart-glass-market-102569