PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1503340
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1503340
Smart Windows Market Forecasts to 2030 - Global Analysis By Type (OLED Glass, Self-Dimming Windows and Self-Repairing Windows), Technology, Application and By Geography
According to Stratistics MRC, the Global Smart Windows Market is accounted for $6.1 billion in 2024 and is expected to reach $13.2 billion by 2030 growing at a CAGR of 13.6% during the forecast period. Smart windows, also known as switchable or dynamic windows, are an innovative technology designed to improve energy efficiency and comfort in buildings. These windows can change their light transmission properties in response to external stimuli such as light, heat, or electrical current. Common types include electrochromic, photochromic, thermochromic, and suspended particle devices (SPDs). Photochromic and thermochromic windows react to light intensity and temperature changes, respectively, without the need for electrical power.
According to the National Union of the Metal Construction Industries of the Envelope and Windows.EUR 3 billion was created in Italy in 2019 from the demand for windows, doors, and curtain walls for residential structures.
Market Dynamics:
Driver:
Rising demand for smart homes and buildings
As consumers increasingly seek energy-efficient and technologically advanced solutions for their living and working spaces, smart windows offer a compelling option. These windows integrate seamlessly with smart home automation systems, allowing users to control light, glare, and heat transmission with ease. The convenience and energy-saving benefits of smart windows align well with the sustainability and comfort goals of modern construction projects drives the growth of the market.
Restraint:
Limited standardization and compatibility
Various technologies and manufacturers offering different products there's often a lack of interoperability between systems, making integration into existing infrastructure complex and costly. This fragmentation inhibits market growth by complicating decision-making for consumers and hindering scalability for manufacturers. Additionally, the absence of industry-wide standards can lead to inconsistent performance and reliability across different smart window products thus hampering the market growth.
Opportunity:
Growing focus on energy efficiency and sustainability
As governments, businesses, and consumers prioritize reducing energy consumption and carbon emissions, smart windows offer a compelling solution. By dynamically adjusting transparency and heat insulation properties, these windows optimize natural light and thermal comfort, reducing reliance on artificial lighting and HVAC systems. This not only lowers energy costs but also enhances indoor environmental quality propelling the market growth.
Threat:
Durability and maintenance concerns
smart window technologies may be prone to reliability issues over time, such as sensor malfunctions or degradation of switchable coatings. Additionally, the complexity of these systems may require specialized maintenance, increasing operational costs and inconvenience for users. Concerns about long-term durability and the potential for maintenance requirements can deter potential buyers, especially in commercial applications where downtime and repair costs are critical considerations.
Covid-19 Impact
While initial disruptions in supply chains and construction projects slowed market growth, the increased emphasis on indoor air quality and occupant comfort has driven demand for energy-efficient building solutions, including smart windows. Remote work trends have also spurred interest in smart building technologies, as businesses seek ways to optimize energy usage and enhance employee well-being in office spaces. However, economic uncertainties and budget constraints have led to cautious spending in some sectors, affecting the pace of adoption.
The OLED glass segment is expected to be the largest during the forecast period
The OLED glass is expected to be the largest during the forecast period as this technology allows windows to transform into dynamic screens for information display, privacy control, and aesthetic enhancement. OLED glass provides unparalleled design flexibility, enabling seamless integration into architectural designs while delivering vivid, high-quality visuals. Its ability to switch between transparent and opaque states enhances privacy and daylight management in commercial and residential spaces.
The electrochromic segment is expected to have the highest CAGR during the forecast period
The electrochromic segment is expected to have the highest CAGR during the forecast period as these windows can change their tint or opacity in response to electrical voltage, providing occupants with on-demand privacy, glare reduction, and energy efficiency. Electrochromic smart windows help regulate indoor temperatures, reducing reliance on heating, ventilation, and air conditioning systems. Their ability to enhance occupant comfort while maximizing energy savings appeals to both residential and commercial building owners.
Region with largest share:
North America is projected to hold the largest market share during the forecast period owing to high penetration of smart home products among UK households and growing adoption of advanced window covering products are some of the major factors driving the smart windows market in the United Kingdom. Smart Windows are enabling features such as constantly updating homeowners regarding their windows' 'open or close' status. This has developed a tremendous interest in the UK market.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. Stringent government regulations related to complications caused by smart glass in Japan and China are expected to fuel market growth. Increasing technological advancements in smart glass-based products would fuel the demand for the smart window market. The smart window market is growing in offices, residential areas, and hotels. In addition, growing research and development concerning smart windows is expected to expand the regional market.
Key players in the market
Some of the key players in Smart Windows market include ChromoGenics, Gentex Corporation, Griesser AG, Hunter Douglas, Innovative Glass Corporation, Inter IKEA Systems BV, Lutron Electronics Co. Inc., Pleotint LLC., Polytronix, Inc., SAGE Electrochromics, Inc., Smart Windows Colorado, Somfy Systems Inc., Springblinds, Stellaris Corporation and The Shade Store LLC
Key Developments:
In February 2024, Gentex's HomeLink Brand Expands To Provide Smart Home & Security Systems. The overall goal is to help unite the worlds of car connectivity and home automation into a single, seamless ecosystem.
In January 2024, Gentex Announces Partnership With Solace to Develop Next-Generation Wireless Power. The goal of the collaboration is to further develop, manufacture, and commercialize Solace's unique wireless power systems within a wide variety of industries.
Types Covered:
- OLED Glass
- Self-Dimming Windows
- Self-Repairing Windows
Technologies Covered:
- Suspended Particle Devices (SPD) Light Modulators
- Polymer Dispersed Liquid Crystal (PDLC) Devices
- Electrochromic
- Photochromic
Applications Covered:
- Architectural & Construction
- Transportation
- Automotive
- Consumer Goods
- Power Generation
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Smart Windows Market, By Type
- 5.1 Introduction
- 5.2 OLED Glass
- 5.3 Self-Dimming Windows
- 5.4 Self-Repairing Windows
6 Global Smart Windows Market, By Technology
- 6.1 Introduction
- 6.2 Suspended Particle Devices (SPD) Light Modulators
- 6.3 Polymer Dispersed Liquid Crystal (PDLC) Devices
- 6.4 Electrochromic
- 6.5 Photochromic
7 Global Smart Windows Market, By Application
- 7.1 Introduction
- 7.2 Architectural & Construction
- 7.3 Transportation
- 7.4 Automotive
- 7.5 Consumer Goods
- 7.6 Power Generation
8 Global Smart Windows Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 ChromoGenics
- 10.2 Gentex Corporation
- 10.3 Griesser AG
- 10.4 Hunter Douglas
- 10.5 Innovative Glass Corporation
- 10.6 Inter IKEA Systems BV
- 10.7 Lutron Electronics Co. Inc.
- 10.8 Pleotint LLC.
- 10.9 Polytronix, Inc.
- 10.10 SAGE Electrochromics, Inc.
- 10.11 Smart Windows Colorado
- 10.12 Somfy Systems Inc.
- 10.13 Springblinds
- 10.14 Stellaris Corporation
- 10.15 The Shade Store LLC
List of Tables
- Table 1 Global Smart Windows Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Smart Windows Market Outlook, By Type (2022-2030) ($MN)
- Table 3 Global Smart Windows Market Outlook, By OLED Glass (2022-2030) ($MN)
- Table 4 Global Smart Windows Market Outlook, By Self-Dimming Windows (2022-2030) ($MN)
- Table 5 Global Smart Windows Market Outlook, By Self-Repairing Windows (2022-2030) ($MN)
- Table 6 Global Smart Windows Market Outlook, By Technology (2022-2030) ($MN)
- Table 7 Global Smart Windows Market Outlook, By Suspended Particle Devices (SPD) Light Modulators (2022-2030) ($MN)
- Table 8 Global Smart Windows Market Outlook, By Polymer Dispersed Liquid Crystal (PDLC) Devices (2022-2030) ($MN)
- Table 9 Global Smart Windows Market Outlook, By Electrochromic (2022-2030) ($MN)
- Table 10 Global Smart Windows Market Outlook, By Photochromic (2022-2030) ($MN)
- Table 11 Global Smart Windows Market Outlook, By Application (2022-2030) ($MN)
- Table 12 Global Smart Windows Market Outlook, By Architectural & Construction (2022-2030) ($MN)
- Table 13 Global Smart Windows Market Outlook, By Transportation (2022-2030) ($MN)
- Table 14 Global Smart Windows Market Outlook, By Automotive (2022-2030) ($MN)
- Table 15 Global Smart Windows Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 16 Global Smart Windows Market Outlook, By Power Generation (2022-2030) ($MN)
- Table 17 North America Smart Windows Market Outlook, By Country (2022-2030) ($MN)
- Table 18 North America Smart Windows Market Outlook, By Type (2022-2030) ($MN)
- Table 19 North America Smart Windows Market Outlook, By OLED Glass (2022-2030) ($MN)
- Table 20 North America Smart Windows Market Outlook, By Self-Dimming Windows (2022-2030) ($MN)
- Table 21 North America Smart Windows Market Outlook, By Self-Repairing Windows (2022-2030) ($MN)
- Table 22 North America Smart Windows Market Outlook, By Technology (2022-2030) ($MN)
- Table 23 North America Smart Windows Market Outlook, By Suspended Particle Devices (SPD) Light Modulators (2022-2030) ($MN)
- Table 24 North America Smart Windows Market Outlook, By Polymer Dispersed Liquid Crystal (PDLC) Devices (2022-2030) ($MN)
- Table 25 North America Smart Windows Market Outlook, By Electrochromic (2022-2030) ($MN)
- Table 26 North America Smart Windows Market Outlook, By Photochromic (2022-2030) ($MN)
- Table 27 North America Smart Windows Market Outlook, By Application (2022-2030) ($MN)
- Table 28 North America Smart Windows Market Outlook, By Architectural & Construction (2022-2030) ($MN)
- Table 29 North America Smart Windows Market Outlook, By Transportation (2022-2030) ($MN)
- Table 30 North America Smart Windows Market Outlook, By Automotive (2022-2030) ($MN)
- Table 31 North America Smart Windows Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 32 North America Smart Windows Market Outlook, By Power Generation (2022-2030) ($MN)
- Table 33 Europe Smart Windows Market Outlook, By Country (2022-2030) ($MN)
- Table 34 Europe Smart Windows Market Outlook, By Type (2022-2030) ($MN)
- Table 35 Europe Smart Windows Market Outlook, By OLED Glass (2022-2030) ($MN)
- Table 36 Europe Smart Windows Market Outlook, By Self-Dimming Windows (2022-2030) ($MN)
- Table 37 Europe Smart Windows Market Outlook, By Self-Repairing Windows (2022-2030) ($MN)
- Table 38 Europe Smart Windows Market Outlook, By Technology (2022-2030) ($MN)
- Table 39 Europe Smart Windows Market Outlook, By Suspended Particle Devices (SPD) Light Modulators (2022-2030) ($MN)
- Table 40 Europe Smart Windows Market Outlook, By Polymer Dispersed Liquid Crystal (PDLC) Devices (2022-2030) ($MN)
- Table 41 Europe Smart Windows Market Outlook, By Electrochromic (2022-2030) ($MN)
- Table 42 Europe Smart Windows Market Outlook, By Photochromic (2022-2030) ($MN)
- Table 43 Europe Smart Windows Market Outlook, By Application (2022-2030) ($MN)
- Table 44 Europe Smart Windows Market Outlook, By Architectural & Construction (2022-2030) ($MN)
- Table 45 Europe Smart Windows Market Outlook, By Transportation (2022-2030) ($MN)
- Table 46 Europe Smart Windows Market Outlook, By Automotive (2022-2030) ($MN)
- Table 47 Europe Smart Windows Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 48 Europe Smart Windows Market Outlook, By Power Generation (2022-2030) ($MN)
- Table 49 Asia Pacific Smart Windows Market Outlook, By Country (2022-2030) ($MN)
- Table 50 Asia Pacific Smart Windows Market Outlook, By Type (2022-2030) ($MN)
- Table 51 Asia Pacific Smart Windows Market Outlook, By OLED Glass (2022-2030) ($MN)
- Table 52 Asia Pacific Smart Windows Market Outlook, By Self-Dimming Windows (2022-2030) ($MN)
- Table 53 Asia Pacific Smart Windows Market Outlook, By Self-Repairing Windows (2022-2030) ($MN)
- Table 54 Asia Pacific Smart Windows Market Outlook, By Technology (2022-2030) ($MN)
- Table 55 Asia Pacific Smart Windows Market Outlook, By Suspended Particle Devices (SPD) Light Modulators (2022-2030) ($MN)
- Table 56 Asia Pacific Smart Windows Market Outlook, By Polymer Dispersed Liquid Crystal (PDLC) Devices (2022-2030) ($MN)
- Table 57 Asia Pacific Smart Windows Market Outlook, By Electrochromic (2022-2030) ($MN)
- Table 58 Asia Pacific Smart Windows Market Outlook, By Photochromic (2022-2030) ($MN)
- Table 59 Asia Pacific Smart Windows Market Outlook, By Application (2022-2030) ($MN)
- Table 60 Asia Pacific Smart Windows Market Outlook, By Architectural & Construction (2022-2030) ($MN)
- Table 61 Asia Pacific Smart Windows Market Outlook, By Transportation (2022-2030) ($MN)
- Table 62 Asia Pacific Smart Windows Market Outlook, By Automotive (2022-2030) ($MN)
- Table 63 Asia Pacific Smart Windows Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 64 Asia Pacific Smart Windows Market Outlook, By Power Generation (2022-2030) ($MN)
- Table 65 South America Smart Windows Market Outlook, By Country (2022-2030) ($MN)
- Table 66 South America Smart Windows Market Outlook, By Type (2022-2030) ($MN)
- Table 67 South America Smart Windows Market Outlook, By OLED Glass (2022-2030) ($MN)
- Table 68 South America Smart Windows Market Outlook, By Self-Dimming Windows (2022-2030) ($MN)
- Table 69 South America Smart Windows Market Outlook, By Self-Repairing Windows (2022-2030) ($MN)
- Table 70 South America Smart Windows Market Outlook, By Technology (2022-2030) ($MN)
- Table 71 South America Smart Windows Market Outlook, By Suspended Particle Devices (SPD) Light Modulators (2022-2030) ($MN)
- Table 72 South America Smart Windows Market Outlook, By Polymer Dispersed Liquid Crystal (PDLC) Devices (2022-2030) ($MN)
- Table 73 South America Smart Windows Market Outlook, By Electrochromic (2022-2030) ($MN)
- Table 74 South America Smart Windows Market Outlook, By Photochromic (2022-2030) ($MN)
- Table 75 South America Smart Windows Market Outlook, By Application (2022-2030) ($MN)
- Table 76 South America Smart Windows Market Outlook, By Architectural & Construction (2022-2030) ($MN)
- Table 77 South America Smart Windows Market Outlook, By Transportation (2022-2030) ($MN)
- Table 78 South America Smart Windows Market Outlook, By Automotive (2022-2030) ($MN)
- Table 79 South America Smart Windows Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 80 South America Smart Windows Market Outlook, By Power Generation (2022-2030) ($MN)
- Table 81 Middle East & Africa Smart Windows Market Outlook, By Country (2022-2030) ($MN)
- Table 82 Middle East & Africa Smart Windows Market Outlook, By Type (2022-2030) ($MN)
- Table 83 Middle East & Africa Smart Windows Market Outlook, By OLED Glass (2022-2030) ($MN)
- Table 84 Middle East & Africa Smart Windows Market Outlook, By Self-Dimming Windows (2022-2030) ($MN)
- Table 85 Middle East & Africa Smart Windows Market Outlook, By Self-Repairing Windows (2022-2030) ($MN)
- Table 86 Middle East & Africa Smart Windows Market Outlook, By Technology (2022-2030) ($MN)
- Table 87 Middle East & Africa Smart Windows Market Outlook, By Suspended Particle Devices (SPD) Light Modulators (2022-2030) ($MN)
- Table 88 Middle East & Africa Smart Windows Market Outlook, By Polymer Dispersed Liquid Crystal (PDLC) Devices (2022-2030) ($MN)
- Table 89 Middle East & Africa Smart Windows Market Outlook, By Electrochromic (2022-2030) ($MN)
- Table 90 Middle East & Africa Smart Windows Market Outlook, By Photochromic (2022-2030) ($MN)
- Table 91 Middle East & Africa Smart Windows Market Outlook, By Application (2022-2030) ($MN)
- Table 92 Middle East & Africa Smart Windows Market Outlook, By Architectural & Construction (2022-2030) ($MN)
- Table 93 Middle East & Africa Smart Windows Market Outlook, By Transportation (2022-2030) ($MN)
- Table 94 Middle East & Africa Smart Windows Market Outlook, By Automotive (2022-2030) ($MN)
- Table 95 Middle East & Africa Smart Windows Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 96 Middle East & Africa Smart Windows Market Outlook, By Power Generation (2022-2030) ($MN)
