Switchable Smart Glass Market: Current Analysis and Forecast (2022-2028)

Switchable Smart Glass is a class of technologies that uses electrical voltage to control the amount of light passing through the glass. The technology can be used in numerous applications, including windows and interior partitions, automotive mirrors and sun visors, eyewear, flat panel displays, and advertising signage. Various types of Switchable Smart Glass technology exist, including electrochromic (EC), liquid crystal (LC), and suspended particle devices (SPD).

Factors driving the market size of the Switchable Smart Glass are the growing need for energy-efficient products, products that provide greater privacy and security, and products that are technology enabled.

Moreover, switchable glasses can be useful in various end-user industries such as healthcare, automotive, and high-traffic areas as it controls the opacity of the glass from clear to translucent. It can easily be integrated into automation systems or smart home devices too, giving the customer even more control..

Based on type, Switchable Smart Glass is segmented into suspended particle devices, electrochromic windows, polymer-dispersed liquid crystal, and hydrogen-based windows. The polymer-dispersed liquid crystal segment caters to the highest share of the market and is expected to grow at a considerable rate in the forecasted period as well. The PDLC can be applied as PDLC films in the existing glass, or engineered into glass end products such as switchable smart windows, displays, and consumer electronics that provide privacy, security and energy efficiency to the buildings.

Based on end-user, the switchable smart glass is segmented into automotive, construction, aerospace, and others. The construction sector caters extensive share of the market owing to the rising need to reduce greenhouse emissions escalating the demand for energy-efficient assets in the residential and commercial sectors. Further, the increasing emissions from the buildings are catering significant share of overall greenhouse gas emissions which in turn creates extensive opportunities for switchable smart glass to install in skyscrapers, residential, and commercial buildings to enhance energy efficiency and reduce overall cost as well.

For a better understanding of the market adoption of switchable smart glass the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Rest of World. Europe's switchable smart glass market is growing at an influential rate and is anticipated to witness significant growth in the forecasted period as well. It is mainly owing to the increasing adoption of switchable glasses in non-residential buildings with aims to improve energy efficiency and maintain overall building temperature. In addition, European Union has funded some projects that have installed switchable glasses to encourage young professionals to support clear energy-saving concepts toward meeting the EU energy-saving targets for buildings. For instance: In 2022, the EU-funded USD 59 million in the Switch2save project that proposes new materials that reduce energy demands in buildings with large glass areas. Moreover, the Switchable Smart Glass application is increasing in the automotive sector as it allows a significant reduction of both heating energy demand in winter and cooling energy demand in summer.

Some of the major players operating in the market include: Saint Gobain, View Inc., AGC Inc. (SunEwat), Polytronix Inc, Vision Systems, Merck, Sage Glass, Gauzy, AIS SWYTCHGLAS, Innovative Glass.