Smart Glass Market by Type, Control Mode, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

List of Tables

The Global Smart Glass Market is forecasted to grow significantly, with a projected USD 10,088.67 million in 2023 at a CAGR of 9.13% and expected to reach a staggering USD 18,724.68 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Smart Glass Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Smart Glass Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Active and Passive. The Active is further studied across Electrochromic, Liquid Crystal, and Suspended Particle Devices. The Passive is further studied across Photochromic and Thermochromic. The Active commanded largest market share of 59.02% in 2022, followed by Passive.

Based on Control Mode, market is studied across Dimmers, Remote Control, and Switches. The Switches commanded largest market share of 35.65% in 2022, followed by Dimmers.

Based on Application, market is studied across Architecture, Consumer Electronics, Power Generation Plants, and Transportation. The Consumer Electronics commanded largest market share of 33.65% in 2022, followed by Architecture.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.87% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Smart Glass Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Smart Glass Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Smart Glass Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Smart Glass Market?

4. What is the competitive strategic window for opportunities in the Global Smart Glass Market?

5. What are the technology trends and regulatory frameworks in the Global Smart Glass Market?

6. What is the market share of the leading vendors in the Global Smart Glass Market?

7. What modes and strategic moves are considered suitable for entering the Global Smart Glass Market?

Product Code: MRR-0316851957A0

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Smart Glass Market, by Type, 2022 vs 2030
4.3. Smart Glass Market, by Control Mode, 2022 vs 2030
4.4. Smart Glass Market, by Application, 2022 vs 2030
4.5. Smart Glass Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing application of smart glass in the automotive industry worldwide
  - 5.1.1.2. Favorable government initiatives and private sector investments for energy-efficient construction
  - 5.1.1.3. Growing utilization of smart glass as an interactive touchscreen or display
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with production and design of smart glass
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing research and introduction of new smart glass and expanding application scope
  - 5.1.3.2. Emerging demand for smart glass from solar power generation plants
- 5.1.4. Challenges
  - 5.1.4.1. Concerns over technical issues pertinent to smart glass performance
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Smart Glass Market, by Type

6.1. Introduction
6.2. Active
- 6.2.1. Electrochromic
- 6.2.2. Liquid Crystal
- 6.2.3. Suspended Particle Devices
6.3. Passive
- 6.3.1. Photochromic
- 6.3.2. Thermochromic

7. Smart Glass Market, by Control Mode

7.1. Introduction
7.2. Dimmers
7.3. Remote Control
7.4. Switches

8. Smart Glass Market, by Application

8.1. Introduction
8.2. Architecture
8.3. Consumer Electronics
8.4. Power Generation Plants
8.5. Transportation

9. Americas Smart Glass Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Smart Glass Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Smart Glass Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Meta Doubles Down on Metaverse Plans With Acquisition of 3D Smart Glass Maker Luxexcel.
  - 12.3.1.2. Israeli Smart Glass firm buys French company.
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Vuzix Smart Glasses Support New Partnership Designed to Solve Global Health Workforce Shortages.
  - 12.3.2.2. Vuzix Signs Distribution Agreement with MACE Virtual Labs and Receives Substantial Initial Volume Smart Glasses Order.
  - 12.3.2.3. Oppo makes lighter smart glasses with help from Chinese startup.
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. Team develops smart window that can store energy.
  - 12.3.3.2. Oppo makes lighter smart glasses with help from Chinese startup.
  - 12.3.3.3. Vuzix to Introduce its New Award Winning Ultralite Smart Glasses Platform at CES 2023.
  - 12.3.3.4. Ambrane launches its first smart glasses that can take calls, play music.
  - 12.3.3.5. Xiaomi launches AR glasses with dual camera setup and OLED screen.
- 12.3.4. Investment & Funding
  - 12.3.4.1. View raises USD 200 Millions as investors bet on smart windows.
  - 12.3.4.2. Hamilton Global Opportunities PLC (ALHGO.PA) announces investment in the Israeli company Gauzy, world leader in smart glass and ADAS technologies.
- 12.3.5. Award, Recognition, & Expansion
  - 12.3.5.1. XRAI Glass picks Saudi Arabia as entry point for Middle East expansion.

13. List of Company Mentioned

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing