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Automotive Smart window Market segmentation By Technology (Electrochromic, Tungsten Based, Non-Tungsten Based, Photovoltaic Integrated, All Solid State Switchable Mirrors, Polymer Dispersed Liquid Device (PDLC), Suspended Particle Device (SPD)), By Type (OLED Glass, Self-dimming Window and Self-Repairing), By Vehicle Type(Light commercial vehicles, medium and heavy commercial vehicles and Passenger cars) and by Region (Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa) – Industry Forecast 2022-2027

Published: August, 2022
ID: 13353
Pages: 150

Automotive Smart window Market Size, Trends (2022 - 2027)

The Automotive Smart window Market was valued at USD 2.10 billion in 2021 and is expected to grow at a CAGR of 20% between 2022 and 2027 to reach USD 5.2 billion.

Automotive Smart window Market Overview:

An automatic smart window in an automobile is a piece of glass that can be turned on and off intelligently. Smart Glass uses switchable films made from a material known as a Suspended Particle Device, which is a tinted material, to provide shade. A typical tungsten oxide battery is composed of tungsten oxide atoms and a liquid electrolyte, which typically contains lithium ion ions. The driver will greatly benefit because the smart glass absorbs heat, and thus it will save him a significant amount of money on his air conditioning costs. The smart window will also prevent them from experiencing any discomfort as a result of the sun while traveling, as it rejects a large spectrum of light wavelengths. As a result, 99.0 percent of ultraviolet light is blocked, preventing the fabric from fading.

When a small electric current is passed through the film, microscopic particles combine to form a window shade that blocks up to 99.5 percent of light. When the current is turned off, the particles return to their original position, restoring transparency to the window glass. The film has been applied to the inside of the window.

Automotive Smart window Market Drivers

The growing demand for premium vehicles, as well as the use of various technologies such as electrochromic, tungsten-based, polymer dispersed liquid devices, suspended particle devices, and others, are driving the market for automotive smart windows. Customers are increasingly turning to technology for more efficient solutions to their problems, which is why switchable smart windows are more in demand than ever. Although 99.9% of the light is blocked, the driver can still operate the vehicle safely. Using smart windows, which vary their luminous and solar transmission dynamically in response to changing climatic conditions, automobiles can be made more energy efficient. These major factors are also driving the growth of the market. 

Automotive Smart window Market Restraints

The high cost of smart windows and their availability in the premium car segment are the key factors hampering the growth of the Automotive Smart window market.

Automotive Smart window Key Developments

  • In May 2020, AGC Glass Europe has announced the launch of standard safety glass protection screens for use in stores and public areas.
  • In July 2019, Continental AG has announced that it will improve and refine its Intelligent Glass Control solution to provide greater comfort, safety, and energy efficiency to customers.
  • In September 2018, AGC Inc has announced that it will exhibit at Innotrans, the leading international trade fair for smart glass transport technology, which will be held at Messe Berlin in Germany.
  •  In May 2022, AGC, Inc. announced that it has developed a light-control panoramic roof with low e-coating. This will aid in providing an open cabin environment while also maintaining a comfortable cabin temperature. Because of the ability of Low-E coating to achieve high solar control and improved heat insulation performance in automotive.
  • In September 2021, Gauzy, an Israeli company, announced a collaboration with LG Display to set a new standard in automotive smart window technology. LG Display displayed a transparent OLED display with Gauzy SPD technology at the trade show.
  • In February 2022, a new acquisition was made by Israeli smart glass technology company Gauzy to reduce visual obstructions on roads such as glare; create automatic safety gates with on-demand privacy for public transportation operators, and use high-contrast switchable transparent displays to communicate safety messages.
  • In April 2022, Audi announced it will partner with Reiling Glas Recycling, Saint-Gobain Glass, and Saint-Gobain Sekurit to work on a joint pilot project. That will help change the normal window glass into a smart window.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

20%

Segments Covered

By Application, Type and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

  • Hitachi Chemicals
  • Research Frontiers
  • PPG Industries
  • AGC Inc
  • Corning Corporate
  • Gentex Corporation
  • RavenBrick LLC
  • Pleotint LLC
  • View Inc
  • Saint Gobain

 

Automotive Smart Window Market Segmentation as per the research report until 2027.

Automotive Smart Window Market - By Technology

  • Electrochromic
  • Tungsten Based
  • Non-Tungsten Based
  • Photovoltaic Integrated
  • All Solid State Switchable Mirrors
  • Polymer Dispersed Liquid Device (PDLC)
  • Suspended Particle Device (SPD)

Electrochromics are leading the technology segment and are expected to grow at a high rate during the forecasted period. They provide various benefits over other types of technologies to the passengers and drivers by quickly achieving a comfortable level and reducing fuel consumption. Also, keeping the interior of the car cooler by controlling EC windows increases the fuel economy. 

Automotive Smart Window Market - By Type

  • OLED Glass
  • Self-dimming Window
  • Self-Repairing

At present, OLED glass in the type segment occupies the largest share of the market and is projected to lead in the forecasted period. OLED glass ensures a clear view of the outside, allowing drivers, passengers, and pedestrians to see road signs, pedestrians, and traffic signals. However, the self-repairing segment is expected to grow at the highest CAGR during the forecasted period.  

Automotive Smart Window Market - By Vehicle type

  • Light commercial vehicles
  • Medium and heavy commercial vehicles
  • Passenger cars

Passenger cars are leading the vehicle segment and are expected to grow during the forecasted period. Modern lifestyles and the adoption of new technology lead to rapid growth in the demand for luxury and premium vehicles. Thus, the market for automotive smart windows is experiencing a significant expansion as a result.  

Automotive Smart Window Market - By Region

  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East & Africa

North America led the automotive smart window market in 2020 and is expected to grow at a significant growth rate during the forecast period. This is because luxury cars, as well as advanced convenience features, are becoming increasingly popular. It is significant to note that one of the major factors driving the growth of this market in this region is the increase in the number of passenger cars sold.

Asia-Pacific will grow at the highest rate during the forecast period because it is the largest market for luxury vehicles and has the highest demand for luxury vehicles. As a result of the increasing demand for luxury cars in China, the country leads the region.

Automotive Smart Window Market Key Players listed in the report are,

  1. Hitachi Chemicals
  2. Research Frontiers
  3. PPG Industries
  4. AGC Inc
  5. Corning Corporate
  6. Gentex Corporation
  7. RavenBrick LLC
  8. Pleotint LLC
  9. View Inc
  10. Saint Gobain

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Automotive Smart Window Market, By Technology                    

                    6.1.1 Electrochromic        

                    6.1.2 Tungsten Based       

                    6.1.3 Non-Tungsten Based         

                    6.1.4 Photovoltaic Integrated      

                    6.1.5 All Solid State Switchable Mirrors  

                    6.1.6 Polymer Dispersed Liquid Device (PDLC) 

                    6.1.7 Suspended Particle Device (SPD)   

                    6.1.8 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.9 Y-o-Y Growth Rate Analysis         

                    6.1.10 Market Attractiveness Index       

          6.2 Automotive Smart Window Market, By Type                   

                    6.2.1 OLED Glass    

                    6.2.2 Self-dimming Window        

                    6.2.3 Self-Repairing         

                    6.2.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.5 Y-o-Y Growth Rate Analysis         

                    6.2.6 Market Attractiveness Index         

          6.3 Automotive Smart Window Market, By Vehicle type                   

                    6.3.1 Light commercial vehicles  

                    6.3.2 Medium and heavy commercial vehicles  

                    6.3.3 Passenger cars        

                    6.3.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Automotive Smart Window Market, by Region                

          7.2 North America - Market Analysis (2021 - 2026)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Technology         

                    7.2.3 By Type         

                    7.2.4 By Vehicle type        

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Technology         

                    7.3.3 By Type         

                    7.3.4 By Vehicle type        

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Technology         

                    7.4.3 By Type         

                    7.4.4 By Vehicle type        

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Technology         

                    7.5.3 By Type         

                    7.5.4 By Vehicle type        

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Technology         

                    7.6.3 By Type         

                    7.6.4 By Vehicle type        

8. Key Player Analysis                           

          8.1 Hitachi Chemicals                 

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Research Frontiers                

          8.3 PPG Industries            

          8.4 AGC Inc            

          8.5 Corning Corporate                

          8.6 Gentex Corporation              

          8.7 RavenBrick LLC           

          8.8 Pleotint LLC                

          8.9 View Inc           

          8.10 Saint Gobain             

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  1. Global Automotive Smart Window  Market By Region, From 2022-2027 ( USD Billion )
  2. Global Automotive Smart Window  Market By Type, From 2022-2027 ( USD Billion )
  3. Global OLED Glass  Market By Region, From 2022-2027 ( USD Billion )
  4. Global Self-dimming Window  Market By Region, From 2022-2027 ( USD Billion )
  5. Global Self-Repairing  Market By Region, From 2022-2027 ( USD Billion )
  6. Global Automotive Smart Window  Market By Technology , From 2022-2027 ( USD Billion )
  7. Global Electrochromic  Market By Region, From 2022-2027 ( USD Billion )
  8. Global Tungsten Based  Market By Region, From 2022-2027 ( USD Billion )
  9. Global Non-Tungsten Based  Market By Region, From 2022-2027 ( USD Billion )
  10. Global Photovoltaic Integrated  Market By Region, From 2022-2027 ( USD Billion )
  11. Global All Solid State Switchable Mirrors  Market By Region, From 2022-2027 ( USD Billion )
  12. Global Polymer Dispersed Liquid Device (PDLC)  Market By Region, From 2022-2027 ( USD Billion )
  13. Global Suspended Particle Device (SPD)  Market By Region, From 2022-2027 ( USD Billion )
  14. Global Automotive Smart Window  Market By Vehicle type , From 2022-2027 ( USD Billion )
  15. Global Light commercial vehicles  Market By Region, From 2022-2027 ( USD Billion )
  16. Global Medium and heavy commercial vehicles  Market By Region, From 2022-2027 ( USD Billion )
  17. Global Passenger cars  Market By Region, From 2022-2027 ( USD Billion )

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FAQ's

Mention some of the major players in the Global Automotive Smart Window Market?

Some of the major players include AGC Inc, Gentex Corporation, PPG Industries, Hitachi Chemicals, and others.

In 2021, which region had the largest market share?

North America is leading the market in terms of share in 2021.

What is the market's expected CAGR during the forecast period (2021-2027)?

The market is expected to grow at a rate of 20 % CAGR during the forecasted period (2021-2027).

Who is leading the Vehicle type segment of the Automotive Smart window market?

Passenger car is leading in the Vehicle type segment

What is the major factor restraining the market?

High Cost of the Smart Window in the market is restraining the growth.

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