Smart glass or switchable glass (also smart windows or switchable windows in those applications) is a glass or glazing whose light transmission properties are altered when voltage, light or heat is applied. Generally, the glass changes from translucent to transparent, changing from blocking some (or all) wavelengths of light to letting light pass through.
Market Analysis and Insights: Global Automotive Smart Glass Market
Due to the COVID-19 pandemic, the global Automotive Smart Glass market size is estimated to be worth US$ 1183.2 million in 2022 and is forecast to a readjusted size of US$ 3533 million by 2028 with a CAGR of 20.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Electrochromoics accounting for % of the Automotive Smart Glass global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Passenger Cars segment is altered to an % CAGR throughout this forecast period.
Suspended particle device (SPD), Polymer Dispersed Liquid Crystal (PDLC), and electrochromics are some of the technologies currently in use for manufacturing of automotive smart glass.
Global Automotive Smart Glass Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Smart Glass Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Electrochromoics
Polymer-Dispersed Liquid Crystal (PDLC)
Suspended Particle Device (SPD)
Others
Segment by Application
Passenger Cars
Commercial Vehicles
By Company
Saint-Gobain
NSG Group
Fuyao Glass Industry Group
Asahi Glass
Central Glass Co., Ltd
Corning
DowDuPont
Pittsburgh Glass Works (PGW)
Soliver
Xinyi Glass Holdings
BSG
Taiwan Glass
Safelite
American Glass Products
Research Frontiers
Lihua Glass
Changjiang Glass
Guanghua Glass
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina