Smart windows market size to grow by USD 2,828.85 million between 2022 and 2027; Growth driven by increasing prevalence of smart homes | Analysis on Impact of US crises- Technavio

NEW YORK, March 16, 2023 /PRNewswire/ -- The smart windows market size is estimated to grow by USD 2,828.85 million between 2022 and 2027, accelerating at a CAGR of 10.98% during the forecast period. The growth of the market is driven by the increasing prevalence of smart homes. Factors such as rapid urbanization, rising energy prices, and government programs have resulted in the construction of energy-efficient buildings. This coupled with growing need for convenience has led to the advent of smart homes. Smart homes allow users to change the settings of various appliances remotely without getting up. The growing prominence of the smart home concept has increased the penetration of smart devices, including smart windows. Thus, with the increasing number of smart homes, the demand for smart windows will increase during the forecast period. Take action now and gain valuable insights into the impact of the US crisis with our comprehensive analysis report - Talk to us

Smart Windows Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart windows market report covers the following areas:

• Smart Windows Market Size
• Smart Windows Market Trends
• Smart Windows Market Analysis

Smart Windows Market 2023-2027: Regional Analysis

North America will account for 46% of the market growth during the forecast period. Factors such as increasing per capita income and high living standards are supporting the growth of the regional market. The rising popularity of green and intelligent buildings is another key factor driving the growth of the smart windows market in North America.

Smart Windows Market 2023-2027: Segmentation

The smart windows market is segmented as below:

• Application 
• Transportation
• Commercial and Industrial
• Residential
• Type 
• OLED Glass
• Self-dimming Windows
• Self-repairing Windows
• Geography 
• North America 
• The U.S.
• Canada
• Europe 
• The U.K.
• Germany
• France
• Rest of Europe
• APAC 
• China
• India
• Middle East & Africa 
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa
• South America 
• Argentina
• Brazil
• Chile

Based on the application, the market will observe significant growth in the transportation segment during the forecast period. The rise in the number of road fatalities has resulted in the development and incorporation of active safety systems in vehicles. In addition, the advent of autonomous/self-driving vehicles is increasing the growth opportunities for vendors in the segment.

Get a glance of the market contribution of various segments, historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report

Smart Windows Market 2023-2027: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the smart windows market. Backed with competitive intelligence and benchmarking, our research report on the smart windows market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

The market is fragmented due to the presence of many players. The established vendors are reducing the cost of their products to attract more customers. New players are entering the market through innovative products. Tech giants are partnering with start-ups to develop technologically advanced products. This is increasing the competition among vendors in the market.

Some of the key vendors covered in the report include:

• Diamond Glass - The company offers smart windows with switchable glass for commercial, healthcare, hospitality, and residential sectors.
• Gauzy Ltd. - The company offers smart windows with light control glass technology.
• GEZE GmbH - The company offers smart windows such as Gentex Electronically Dimmable Windows.
• Innovative Glass Corp. - The company offers smart windows with future SPD-smart light-control technology through its subsidiary Hitachi Chemical Co. Ltd.

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings
• Get a holistic view of the market

Grow your profit margin with Technavio – Buy the Report!

Smart Windows Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist smart windows market growth during the next five years
• Estimation of the smart windows market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the smart windows market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of smart windows market vendors

Related Reports:

• The smart shade devices market size is expected to increase by USD 222.77 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 57.46%. The market is segmented by technology (Wi-Fi, Bluetooth, and BLE, and others), end-user (residential and commercial), distribution channel (retail and others), and geography (North America, Europe, APAC, South America, and MEA).
• The automotive power window motor market size is expected to increase to USD 5.06 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.74%. The market is segmented by application (passenger cars and commercial vehicles) and geography (APAC, North America, Europe, South America, and Middle East and Africa).

Browse through Technavio's Materials Market Reports

Table Of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global smart windows market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global smart windows market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Transportation - Market size and forecast 2022-2027
• Exhibit 34: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Transportation - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Transportation - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial and industrial - Market size and forecast 2022-2027
• Exhibit 38: Chart on Commercial and industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial and industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial and industrial - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial and industrial - Year-over-year growth 2022-2027 (%)

• 6.5 Residential - Market size and forecast 2022-2027
• Exhibit 42: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application
• Exhibit 46: Market opportunity by Application ($ million)
• Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 48: Chart on Type - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 50: Chart on Comparison by Type
• Exhibit 51: Data Table on Comparison by Type

• 7.3 OLED glass - Market size and forecast 2022-2027
• Exhibit 52: Chart on OLED glass - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on OLED glass - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on OLED glass - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on OLED glass - Year-over-year growth 2022-2027 (%)

• 7.4 Self-dimming windows - Market size and forecast 2022-2027
• Exhibit 56: Chart on Self-dimming windows - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Self-dimming windows - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Self-dimming windows - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Self-dimming windows - Year-over-year growth 2022-2027 (%)

• 7.5 Self-repairing windows - Market size and forecast 2022-2027
• Exhibit 60: Chart on Self-repairing windows - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Self-repairing windows - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Self-repairing windows - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Self-repairing windows - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type
• Exhibit 64: Market opportunity by Type ($ million)
• Exhibit 65: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Canada - Market size and forecast 2022-2027
• Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Asahi India Glass Ltd.
• Exhibit 119: Asahi India Glass Ltd. - Overview
• Exhibit 120: Asahi India Glass Ltd. - Business segments
• Exhibit 121: Asahi India Glass Ltd. - Key offerings
• Exhibit 122: Asahi India Glass Ltd. - Segment focus

• 12.4 Compagnie de Saint Gobain S.A.
• Exhibit 123: Compagnie de Saint Gobain S.A. - Overview
• Exhibit 124: Compagnie de Saint Gobain S.A. - Business segments
• Exhibit 125: Compagnie de Saint Gobain S.A. - Key offerings
• Exhibit 126: Compagnie de Saint Gobain S.A. - Segment focus

• 12.5 Diamond Glass
• Exhibit 127: Diamond Glass - Overview
• Exhibit 128: Diamond Glass - Product / Service
• Exhibit 129: Diamond Glass - Key offerings

• 12.6 Gauzy Ltd.
• Exhibit 130: Gauzy Ltd. - Overview
• Exhibit 131: Gauzy Ltd. - Product / Service
• Exhibit 132: Gauzy Ltd. - Key offerings

• 12.7 Gentex Corp.
• Exhibit 133: Gentex Corp. - Overview
• Exhibit 134: Gentex Corp. - Business segments
• Exhibit 135: Gentex Corp. - Key news
• Exhibit 136: Gentex Corp. - Key offerings
• Exhibit 137: Gentex Corp. - Segment focus

• 12.8 Halio Inc.
• Exhibit 138: Halio Inc. - Overview
• Exhibit 139: Halio Inc. - Product / Service
• Exhibit 140: Halio Inc. - Key offerings

• 12.9 Hitachi Ltd.
• Exhibit 141: Hitachi Ltd. - Overview
• Exhibit 142: Hitachi Ltd. - Business segments
• Exhibit 143: Hitachi Ltd. - Key news
• Exhibit 144: Hitachi Ltd. - Key offerings
• Exhibit 145: Hitachi Ltd. - Segment focus

• 12.10 Innovative Glass Corp.
• Exhibit 146: Innovative Glass Corp. - Overview
• Exhibit 147: Innovative Glass Corp. - Product / Service
• Exhibit 148: Innovative Glass Corp. - Key offerings

• 12.11 Pleotint LLC
• Exhibit 149: Pleotint LLC - Overview
• Exhibit 150: Pleotint LLC - Product / Service
• Exhibit 151: Pleotint LLC - Key offerings

• 12.12 Polytronix Inc.
• Exhibit 152: Polytronix Inc. - Overview
• Exhibit 153: Polytronix Inc. - Product / Service
• Exhibit 154: Polytronix Inc. - Key offerings

• 12.13 RavenWindow
• Exhibit 155: RavenWindow - Overview
• Exhibit 156: RavenWindow - Product / Service
• Exhibit 157: RavenWindow - Key offerings

• 12.14 Smart Window Co. Inc.
• Exhibit 158: Smart Window Co. Inc. - Overview
• Exhibit 159: Smart Window Co. Inc. - Product / Service
• Exhibit 160: Smart Window Co. Inc. - Key offerings

• 12.15 SmartGlass International
• Exhibit 161: SmartGlass International - Overview
• Exhibit 162: SmartGlass International - Product / Service
• Exhibit 163: SmartGlass International - Key offerings

• 12.16 Stellaris Corp.
• Exhibit 164: Stellaris Corp. - Overview
• Exhibit 165: Stellaris Corp. - Product / Service
• Exhibit 166: Stellaris Corp. - Key offerings

• 12.17 View Inc.
• Exhibit 167: View Inc. - Overview
• Exhibit 168: View Inc. - Product / Service
• Exhibit 169: View Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist
• Exhibit 170: Inclusions checklist
• Exhibit 171: Exclusions checklist

• 13.3 Currency conversion rates for US$
• Exhibit 172: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 173: Research methodology
• Exhibit 174: Validation techniques employed for market sizing
• Exhibit 175: Information sources

• 13.5 List of abbreviations
• Exhibit 176: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/smart-windows-market-size-to-grow-by-usd-2-828-85-million-between-2022-and-2027-growth-driven-by-increasing-prevalence-of-smart-homes--analysis-on-impact-of-us-crises--technavio-301773141.html

SOURCE Technavio

[ Back To TMCnet.com's Homepage ]