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Market |
Information Technology |
Report Type |
Market Research |
Country |
Global |
Published |
11 December 2012 |
Number of Pages |
257 |
1-3 hours, 24 hour max |
|
Publisher |
Markets&Markets |
File Format |
Smart glass is widening its applications from conventional architectural (commercial and residential) to automotive, aviation, rail and marine, etc. Sun roof tops and rearview mirrors of the cars are lucrative applications for smart glass. With the robust growth of cars (especially high end cars), smart glass is also registering healthy growth in automotive market. Partition glass in aviation is also an attractive market, where smart glass suppliers have already received the orders from aviation market leaders.
The total Smart Glass market is expected to reach $3.83 billion by 2017 at a CAGR of 20.3% from 2012 to 2017. Beginning in the early 1970s, the number of research activities resulting in patenting of technologies increased rapidly, leading to the development of advanced fabrication processes, enhanced properties, and an increased number of applications across varied verticals such as construction and automotive. Tints were applied to glass to reduce heat transmission and glare, and glass coated with metal oxide films reflected heat or conducted electricity. This marked the first application of "smart glass" in automotive.
Reflective coatings, low emissivity glass, and gas-filled cavities have all been components of energy-efficient windows since decades but with the commercialization of smart glass technologies such as Electrochromic (EC) and Suspended Particle Display (SPD) among others, there is an increasing adoption of smart glass in both - residential and commercial construction. Smart glass is an essential product to add 'green' factor to the building. Smart glass and smart windows helps in achieving zero-energy goals. Energy efficiency, coupled with potential energy harvesting by incorporating PV cells in these glasses is most likely to make it as a key element of smart and green buildings. The green building is currently an enabler of the smart glass market and is most likely to continue driving the market in long run as well.
With introduction of Electrochromic (EC) rearview mirrors widely used for its auto dimming property and its ability to dynamically control light. Since then, the industry has a come a long way, thanks to continued research and development in the smart glass technology field. Due to the inherent properties of smart glass to reduce the heat loss and glare control, smart glass is being used as sunroof glass in the high end automobiles such as Mercedes-Benz SLK, Audi and BMW. The high end luxury car is witnessing significant adoption of smart glasses not only as sunroof but also as side windows owing to its ability to control glare, provide shading while preserving views, and improving indoor air quality.
This report gives detailed insights of the smart glass market by technology, applications, components and geography. The report also focuses on the smart windows market.
The market size of global smart glass and smart window is estimated for 2012 and forecasted till 2017 with year-on-year growth. The penetration and growth of smart glass in various applications have been covered in the markets like residential and commercial architectural (i.e. construction sector) and in transpiration automotive is offering a huge growth, which is backed by the examples and the future plans of such automotive OEMs are also a part of the report. Smart glass is also being used in the aviation, which is a feature of the report. Non-electric technologies such as thermochromics have advantages; like it does not require any power source and competitive cost. The increase of the Electrochromics technology is the result of its ability to offer similar features of Liquid Crystal and Suspended Particle Display at competitive price.
Asahi Glass Company ltd. (Japan), Polytronix, Inc. (U.S.), Vision Systems (France), PPG Industries inc. (U.S.), Corning, INC. (U.S.), Ravenbrick LLC (U.S.), Domoticware (Spain), Research Frontier (U.S.), DuPont (Japan), Sage Electronics (U.S.), Gentex Corporation (U.S.), Saint-Gobain (France), GlasNovations Ltd. (U.K.), Scienstry, Inc (U.S.), Hitachi Chemical Co., Ltd. (Japan), SmartGlass International Ltd. (U.K.), Innovative Glass (U.S.), Soladigm (U.S.), LTI smart glass (U.S.), SPD Control Systems Corporation (U.S.), Samsung (South Korea), Velux A/s (Denmark) are the major players dealing in smart glass and smarty windows.
The scope of this report includes only the market for smart glass and its technologies Thermochromics, Liquid Crystal (LC), Suspended Particle Display (SPD), Electrochromics, etc. The report also focuses on the smart windows and windows technologies. The market statistics has covered the price, value and shipments of the smart glass and smart windows. The complete market viewed and analyzed in this report is for smart glass and smart windows.
In this report, the smart glass and smart windows market is fully segmented into the following categories and aspects:
- Value chain & industry segments
- Supply chain & product life cycle
- Overall market
Market by technology: Thermochromics, Liquid Crystal (LC), Suspended Particle Display (SPD), Electrochromics
Market by application: Architectural (Commercial, Residential), Transportation (Automotive, Rail, Aviation, Marine) and others
Market by geography: North America, Europe, Japan, Asia-Pacific, and Rest of the Word (includes Latin-South America, Middle East and Africa)
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