Global Smart Windows Market 2024-2028
The smart windows market is forecasted to grow by USD 3.80 bn during 2023-2028, accelerating at a CAGR of 12.74% during the forecast period. The report on the smart windows market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising construction of residential houses and buildings, the growing prevalence of smart homes, and the rising adoption of smart windows in the automotive industry.
Technavio's smart windows market is segmented as below:
By Type
- OLED glass
- Self-dimming window
- Self-repairing windows
By Application
- Transportation
- Commercial and industrial
- Residential
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing number of strategic alliances and partnerships as one of the prime reasons driving the smart windows market growth during the next few years. Also, advancements in construction technology and government incentives and regulations regarding energy efficiency will lead to sizable demand in the market.
The report on the smart windows market covers the following areas:
- Smart windows market sizing
- Smart windows market forecast
- Smart windows market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart windows market vendors that include Ambilight Inc., Asahi India Glass Ltd., ClearVue Technologies Ltd., Compagnie de Saint Gobain, Crystal Pacific Window and Door Systems, Diamond Glass, Gauzy Ltd., Gentex Corp., Halio Inc., Innovative Glass Corp., Nodis, Polytronix Inc., PPG Industries Inc., RavenWindow, Smart Glass India, Smart Window, Smart Windows Colorado, SmartGlass International, Stellaris Corp., and View Inc. Also, the smart windows market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.