Market Overview:
The global smart glass for automotive market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for luxury and comfort in passenger vehicles, and the increasing adoption of smart glass technologies in commercial vehicles. The electrochromic segment is expected to hold the largest share of the global smart glass for automotive market by type during the forecast period. This segment is expected to be driven by its ability to tint or darken windows automatically, depending on external light conditions. The SPD segment is projected to grow at a higher CAGR than other segments during the forecast period, as it offers superior performance over traditional sunroofs and windshields when it comes to blocking heat and glare from entering a vehicle cabin. Passenger vehicles are expected to account for a larger share of the global smart glass for automotive market than commercial vehicles during the forecast period.
Product Definition:
Smart Glass for Automotive is a term used to describe any type of glass that can be electronically controlled to change its opacity. This could be used in a car windshield, side windows or rear window. The purpose of Smart Glass for Automotive is to provide privacy, security or tinting as needed while driving.
Electrochromic:
Electrochromic, also known as smart glass or electrochromic window is a type of glass that can be tinted to control the amount of light passes through based on the intensity of external light. It has applications in both residential and commercial sectors. The technology behind electrochromic windows is still evolving; however, it has been in use for over two decades across various industries such as automotive and building & construction.
SPD:
Superior Glazing Film (SPD) is a type of special glass that is used in the automotive industry for windows, sunroofs and backlites. The product has properties such as high optical quality, flexibility and transparency which makes it suitable for smart glass application.
The global market size was valued at USD 473.8 million in 2016.
Application Insights:
The passenger vehicle segment dominated the global smart glass for automotive market, accounting for more than 60.0% share of the overall revenue in 2017. The growing need for improving visibility during night time and bad weather is expected to be a key factor driving demand over the forecast period.
The commercial vehicle segment is expected to witness significant growth over the forecast period owing to increasing government initiatives on reducing carbon emissions coupled with rising awareness regarding driver safety is anticipated to have a positive impact on industry growth over the next eight years. In addition, electrochromic glass helps in lowering power consumption by enabling dimming of interior lights when it gets dark outside, thereby saving energy and generating cost savings as well as helping in reducing carbon emissions from vehicles traveling long distances or at night time.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing adoption of smart glass applications in passenger vehicles and commercial vehicles, coupled with stringent government regulations regarding fuel economy and emissions. Europe accounted for a significant share of revenue in 2017 owing to rising demand for electric cars, which are increasingly using smart glass technologies such as electrochromics and spd technology.
The key players operating in this industry are Corning Incorporated; Samsung Electronics Co., Ltd.; Panasonic Corporation; LG Display Co., Ltd.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles
- Rising disposable income of consumers
- Technological advancements in the automotive industry
- Government initiatives for promoting electric and hybrid vehicles
- Growing awareness about the benefits of smart glass
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Glass for Automotive Market Research Report
By Type
Electrochromic, SPD, PDLC
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Saint Gobain, Gentex, View, Asahi Glass, Polytronix, Vision Systems, PPG, Glass Apps, Ravenbrick, Scienstry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Smart Glass for Automotive Market Report Segments:
The global Smart Glass for Automotive market is segmented on the basis of:
Types
Electrochromic, SPD, PDLC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Saint Gobain
- Gentex
- View
- Asahi Glass
- Polytronix
- Vision Systems
- PPG
- Glass Apps
- Ravenbrick
- Scienstry
Highlights of The Smart Glass for Automotive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electrochromic
- SPD
- PDLC
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Glass for Automotive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Glass for Automotive is a technology that allows drivers to interact with their vehicles in a variety of ways. This can include using voice commands, viewing information on the vehicle's display, and controlling various functions of the car.
Some of the major players in the smart glass for automotive market are Saint Gobain, Gentex, View, Asahi Glass, Polytronix, Vision Systems, PPG, Glass Apps, Ravenbrick, Scienstry.
The smart glass for automotive market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Glass for Automotive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Glass for Automotive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Glass for Automotive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Glass for Automotive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Glass for Automotive Market Size & Forecast, 2020-2028
4.5.1 Smart Glass for Automotive Market Size and Y-o-Y Growth
4.5.2 Smart Glass for Automotive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electrochromic
5.2.2 SPD
5.2.3 PDLC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Glass for Automotive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Glass for Automotive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electrochromic
9.6.2 SPD
9.6.3 PDLC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electrochromic
10.6.2 SPD
10.6.3 PDLC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electrochromic
11.6.2 SPD
11.6.3 PDLC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electrochromic
12.6.2 SPD
12.6.3 PDLC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electrochromic
13.6.2 SPD
13.6.3 PDLC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Glass for Automotive Market: Competitive Dashboard
14.2 Global Smart Glass for Automotive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Saint Gobain
14.3.2 Gentex
14.3.3 View
14.3.4 Asahi Glass
14.3.5 Polytronix
14.3.6 Vision Systems
14.3.7 PPG
14.3.8 Glass Apps
14.3.9 Ravenbrick
14.3.10 Scienstry
