Explosive Growth: Smart Glass Market to Hit .8 Billion by 2029 at 11.7% CAGR
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Explosive Growth: Smart Glass Market to Hit $10.8 Billion by 2029 at 11.7% CAGR

Smart glass is a technology that can change its properties, such as transparency, with the use of light, heat, or electricity. This technology offers energy savings and privacy, and its market is rapidly expanding globally, particularly in industries like construction, automotive, and electronics.

A recent study from BCC Research projects that the market for Global Markets and Technologies for Smart Glass will grow from $6.2 billion in 2024 to $10.8 billion by the end of 2029, with a compound annual growth rate (CAGR) of 11.7% during that period. The report focuses on switchable smart glass that changes tint with light or heat, excluding wearable smart glasses.

Some interesting facts about smart glass include its ability to block up to 99% of harmful UV rays, making it a sought-after feature in luxury vehicles like Ferrari and Maserati. Factors contributing to the growth of the smart glass market include the growth of end-use industries, increasing urbanization, and a focus on green buildings.

The report covers the market analysis by type (active and passive), technology (electrochromic and thermochromic), and end user (automotive, construction, electronics). It also includes projections for market size and growth rate, market segments, dominant types, and regional market shares.

Leading companies in the smart glass industry include AGC Inc., Corning Inc., FG Glass, Fuyao Group, Gentex Corp., Guardian Industries Holdings, Halio Inc., Jaipur Tuffen Glass Industries Pvt. Ltd., LTI Smart Glass Inc., and Nippon Sheet Glass Co.

  • Ltd.

  • Privetek

  • SPD Control Systems Corp.

  • Saint-Gobain

  • Smart Glass

  • Smartglass International

Get your hands on a copy of the report directly from BCC Research.

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SOURCE BCC Research LLC