The smart windows market share is forecast to reach USD 2,828.85 million, after growing at a CAGR of 10.98% during 2023-2027. The growing prevalence of smart homes is analyzed to boost the smart windows market growth. Moreover, advances in construction technology are the major trend enhancing the overall market demand for smart windows during the forecast period.
Get a snapshot of the smart windows market analysis: Unlock the Sample Report The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,336.94 million.
Browse Technavio's 165-page report and in-depth TOC on "Smart Windows Market by application (transportation, commercial and industrial, and residential), type (OLED glass, self-dimming windows, and self-repairing windows), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
View detailed Table of Contents Here: https://www.technavio.com/report/smart-windows-market-industry-analysis?v1
Transportation: The market share growth by the transportation segment will be significant during the forecast period. The rising adoption of smart windows in the automotive industry will drive the growth of the global smart windows market during the forecast period.
Commercial and Industrial
North America: 46% of market growth will develop from North America during the forecast period. The increasing per capita income, coupled with the high living standards of people, has fueled the adoption of advanced technologies in automobiles.
Middle East and Africa
The smart windows market size will witness a YOY Growth Rate of 9.8% in 2023.
The availability of substitutes will be a major challenge for the smart windows market during the forecast period.
Major key smart windows market players include: Ambilight Inc., Asahi India Glass Ltd., ClearVue Technologies Ltd., Compagnie de Saint Gobain S.A., Diamond Glass, Gauzy Ltd., GEZE GmbH, Halio Inc., Hitachi Ltd., Innovative Glass Corp., Nodis, Pleotint LLC, Polytronix Inc., PPG Industries Inc., RavenWindow, Smart Window Co. Inc., SmartGlass International, Stellaris Corp., View Inc., and Gentex Corp.
The report illustrates the lifecycle of the market, focusing on the adoption rates of the major regions such as the North America, APAC, Europe, South America, and Middle East and Africa.
Download the PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2023-2027.
CAGR of the smart windows market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the smart windows market share.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the smart windows market.
Smart windows industry growth across North America, APAC, Europe, South America, and Middle East and Africa.