IT, New Media & Software

Smart Glass Market Attractiveness, Opportunities and Forecast to 2022


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Smart Glass Global Market - Overview

Global Smart Glass Market is growing enormously due to the increasing demand of smart glasses in various sector such as architecture and construction sector, automobile and aviation among others. The smart glass also offer key benefits such as less maintenance, high durability, enhanced operation efficiency, blocking the UV rays, reduced heating, air-conditioning and lighting cost are some of the major factors which are helping the market to grow. The Government policies around the globe and initiative such as eco-friendly and green buildings are also helping market of smart glass to grow.

Global Smart Glass Market is expected to grow at CAGR of ~18% and expected to generate revenue of US ~$8 billion by the end of forecast period. Europe has some of the major key players such as Schott AG, and Smart Glass International, Ltd. among other are manufacturing wide range of intelligent glass products due to its significant usage in various industries and is expected to generate the largest revenue in the global market followed by North America and Asia-pacific.

Smart Glass not only protect the skin by blocking the harmful UV rays but also prevent the fabric and furniture near your windows from fading .The Smart glasses are energy efficient and have low reflection that reduces the glare. Smart Glasses are eco-friendly; recyclable material that offers attractive looks and also helps in controlling the solar and thermal heat in the interiors that maintains optimal temperature inside the building.

Key Players 

The prominent players in the market of Smart Glass are- Active Glass Technologies PLC (U.K.), Asahi Glass Company, Ltd. (Japan), Corning,Inc.(U.S.), Saint-Gobain S.A(France), Schott AG(Germany), SmartGlass International, Ltd.(Ireland),Research Frontiers, Inc.(U.S.), Raven brick LLC(U.S.), Pleotint LLC(U.S.), PPG Industries, Inc.(U.S.), DuPont(U.S.),  Nippon Sheet Glass Co., Ltd.(Japan), LTI Smart Glass Inc.(U.S.),Polytronix, Inc.(U.S.), Hitachi Chemical Co., Ltd(Japan), GlasNovations, Ltd. (U.K.), Scienstry, Inc. (U.S.), SPD Control Systems Corporation (U.S.) among others.

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Smart Glass Global Market - Segmentation

Global Smart Glass market has been segmented on the basis of Technology and Verticals. The Technology has been identified as- Suspended particle devices, thermochromic Devices, Liquid crystal devices and Electrochromic devices among other whereas Verticals consist of architecture, Transportation, Power generation plant, consumer electronics, automotive, aviation among others.

Industry News:

June 2018 – Rokid, Chinese artificial intelligence and smart hardware company, unveiled three new hardware innovations products, which are the Rokid Me Portable Smart Speaker, the Kamino18 AI Voice Dedicated Chip, and the new Rokid AR Glass. The Rokid Glass offers object recognition and improves efficiency at dissipating heat. Rokid Glass designed to supports Wi-Fi positioning that enables smart detection and indoor position navigation.

June 2018 – Plessey Semiconductors, a developer of optoelectronic technology solutions, entered into partnership with Vuzix, a specialist in the development of technologies for smart glasses to develop technologies for a new generation of AR smart glasses.

June 2018 – Toshiba entered into partnership with Ubimax, the global market leader for enterprise wearable computing solutions, to launch dynaEdge DE-100 and AR100 Viewer Assisted Reality smart glass solution. This glass solution is designed to provide industry workflow which enable the workers to achieve high performance in their tasks.

Table Of Contents

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure:

1.3.1 Global Smart Glass Market: By Technology

1.3.2 Global Smart Glass Market: By Verticals

2 Research Methodology

2.1 Research Type

2.2 Primary Research

2.3 Secondary Research

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List Of Tables

Table 1 Global Smart Glass Market, By Technology

Table 2 Global Smart Glass Market, By Verticals

Table 4 Global Smart Glass Market, By Regions

 List Of Figures

Figure 1 Research Type

Figure 2 Global Smart Glass Market: By Technology (%)

Figure 3 Global Smart Glass Market: By Verticals (%)

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