Market Overview:
The global smart glass for construction market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into electrochromic, SPD, PDLC and other types. Electrochromic smart glass dominates the global smart glass for construction market with a share of more than 50%. This can be attributed to its ability to change transparency or opacity in response to an electric current. On the basis of application, hospitals are expected to account for a major share in terms of revenue in 2018 owing to increasing demand for energy-efficient buildings across regions such as North America and Europe. In terms of volume, airports are projected to witness highest growth during the forecast period due high installation base across developed countries such as U.S.
Product Definition:
A type of glass that can be controlled to become opaque or transparent by an electric current. Smart glass is used in construction to control sunlight and heat gain.
Electrochromic:
Electrochromic, also known as smart glass or electrochromic window is a type of double glazed windows which can be tinted or transparent according to the requirement. It contains an electrical current-carrying layer between the two glass layers and changes its transparency as per the voltage applied between them. The technology has been around for more than two decades but only recently has it started gaining acceptance in various end-use segments such as automotive, building & construction and consumer electronics industries.
SPD:
Superior Glazing Technology (SPD) is a new technology in the construction industry that uses smart glass for windows, facades and other applications. The primary benefit of this technology is that it can be controlled by an app on a smartphone which allows the user to adjust the transparency as per their needs. It also has features such as UV protection, anti-glare and privacy options available in it.
Application Insights:
The office building segment accounted for the largest revenue share of over 30% in 2017 and is expected to continue its dominance over the forecast period. The growing need for energy-efficient buildings coupled with rising concerns regarding privacy is anticipated to drive demand for smart glass for construction in office buildings.
The hospital application segment was valued at USD 281.3 million in 2017 owing to increasing government initiatives towards improving healthcare infrastructure across the globe, especially in developing countries such as India, China and Brazil. In addition, factors such as growing awareness about health issues among common people due to social media has increased the adoption of smart glass technology in hospitals across Europe and North America regions significantly driving demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing investments in smart cities development, rising adoption of smart building technologies, and growing demand for energy-efficient buildings. Europe accounted for more than 25% share of the overall revenue in 2017 owing to high product adoption by application sectors such as hospital, office building, academic building and airport among others.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing with rapid urbanization across emerging economies including China.
The key players operating in this industry are Corning Incorporated; Samsung Electronics Co., Ltd.; LG Display Co., Ltd.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly buildings: The construction industry is increasingly adopting energy-efficient and eco-friendly building practices to reduce greenhouse gas emissions and save on operational costs. Smart glass can help achieve both of these objectives by reducing the need for artificial lighting and cooling in buildings.
- Growing popularity of green roofs: Green roofs are becoming increasingly popular among builders as a way to improve the energy efficiency of buildings, provide insulation, and reduce storm water runoff. Smart glass can be used in conjunction with green roofs to further improve their performance.
- Rising demand for smart windows: As more homes and businesses are fitted with smart technology, there is increasing demand for smart windows that can control light transmission, glare reduction, solar heat gain, etc., all from a single device. Smart glass meets this need perfectly while also providing other benefits such as thermal insulation and reduced noise levels inside the building envelope..
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Glass for Construction Market Research Report
By Type
Electrochromic, SPD, PDLC, Other
By Application
Hospital, Airport, Academic Building, Office Building, Apartment, Other
By Companies
Saint Gobain, Gentex, View, Asahi Glass, Polytronix, Vision Systems, PPG, Glass Apps, Ravenbrick, Scienstry, SPD Control System, Pleotint, Smartglass International, ChromoGenics
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Smart Glass for Construction Market Report Segments:
The global Smart Glass for Construction market is segmented on the basis of:
Types
Electrochromic, SPD, PDLC, Other
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
Hospital, Airport, Academic Building, Office Building, Apartment, Other
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
- SPD Control System
- Pleotint
- Smartglass International
- ChromoGenics
Highlights of The Smart Glass for Construction 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
- Other
- By Application:
- Hospital
- Airport
- Academic Building
- Office Building
- Apartment
- Other
- 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 Construction 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
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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 Construction is a technology that uses augmented reality to help construction workers see what they are working on in real time. This technology can be used to create 3D models of buildings and other structures, as well as provide live updates on the progress of construction projects.
Some of the major companies in the smart glass for construction market are Saint Gobain, Gentex, View, Asahi Glass, Polytronix, Vision Systems, PPG, Glass Apps, Ravenbrick, Scienstry, SPD Control System, Pleotint, Smartglass International, ChromoGenics.
The smart glass for construction market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Glass for Construction 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 Construction Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Glass for Construction 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 Construction 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 Construction Market Size & Forecast, 2020-2028
4.5.1 Smart Glass for Construction Market Size and Y-o-Y Growth
4.5.2 Smart Glass for Construction 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
5.2.4 Other
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 Hospital
6.2.2 Airport
6.2.3 Academic Building
6.2.4 Office Building
6.2.5 Apartment
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Glass for Construction 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 Construction 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
9.6.4 Other
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 Hospital
9.10.2 Airport
9.10.3 Academic Building
9.10.4 Office Building
9.10.5 Apartment
9.10.6 Other
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
10.6.4 Other
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 Hospital
10.10.2 Airport
10.10.3 Academic Building
10.10.4 Office Building
10.10.5 Apartment
10.10.6 Other
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
11.6.4 Other
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 Hospital
11.10.2 Airport
11.10.3 Academic Building
11.10.4 Office Building
11.10.5 Apartment
11.10.6 Other
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
12.6.4 Other
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 Hospital
12.10.2 Airport
12.10.3 Academic Building
12.10.4 Office Building
12.10.5 Apartment
12.10.6 Other
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
13.6.4 Other
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 Hospital
13.10.2 Airport
13.10.3 Academic Building
13.10.4 Office Building
13.10.5 Apartment
13.10.6 Other
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 Construction Market: Competitive Dashboard
14.2 Global Smart Glass for Construction 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
14.3.11 SPD Control System
14.3.12 Pleotint
14.3.13 Smartglass International
14.3.14 ChromoGenics
