Smart Glass Market Size Worth USD 10.62 billion by 2034 | CAGR: 6.0%

Smart Glass Market Size Worth USD 10.62 billion by 2034 | CAGR: 6.0%


The global smart glass market size is expected to reach USD 10.62 billion by 2034, according to a new study by Polaris Market Research. The report “Smart Glass Market Size, Share, Trends, Industry Analysis Report: By Technology (Photochromic, Liquid Crystal, Suspended Particle Display, Electrochromic, Thermochromic, and Others), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Smart glass is a type of glass that uses advanced technologies to control light and heat. It can be made to appear opaque or clear, as required, using electricity, light, or heat. The glass is usually made by sandwiching liquid crystals between two glass pieces. Along with controlling light and heat, smart glass can block UV rays and provide privacy.

The increasing investments in the architecture and construction sector, along with the growing disposable income of consumers, drive the smart glass market growth. Rising applications in the automotive and transportation sector, growing modernization of vehicles, and stringent regulations regarding vehicular safety and performance further drive the adoption of smart glass solutions.

Technological advancements, growing emphasis on energy efficiency, rising demand for privacy, and the shift toward sustainable solutions are anticipated to be the key smart glass market trends during the forecast period. Further, the growing use of smart glass in commercial spaces, healthcare, and hospitality sectors is anticipated to provide lucrative opportunities during the forecast period.

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Major participants in the smart glass market are adopting strategic initiatives such as partnerships, mergers and acquisitions, and collaborations to expand their market reach and meet sustainability goals. In February 2023, Saint Gobain announced its collaboration with leading glass manufacturing company AGC Inc. The company stated that the partnership will focus on designing a pilot flat glass line that’s expected to reduce the company’s direct carbon dioxide emissions.

Smart Glass Market Report Highlights

  • Based on technology, the suspended particle display segment is anticipated to register the highest CAGR of 9.5% from 2025 to 2034. Rapid technological advancements in the construction industry and increasing demand for passenger vehicles are among the key factors fueling the segment growth.
  • Based on end use, the architecture and construction segment accounted for the largest smart glass market revenue share in 2024, owing to the increased usage of smart glass in architectural applications.
  • North America dominated the market with the largest revenue share of 36.0% in 2024. Technological advancements, growing consumer spending, and an increasing shift to urban areas are a few major factors driving the regional market growth.
  • Asia Pacific is projected to register the highest CAGR of 9.0% from 2025 to 2034. Increased investments in construction activities are fueling the adoption of smart glass solutions in Asia Pacific.
  • A few global key players in the market are AGC Inc.; Gauzy Ltd.; Gentex Corporation; ChromoGenics; Corning Incorporated; Guardian Industries Holdings, LLC; Halio Inc.; PPG Industries Inc; RavenWindow; Merck KGaA (Merck Group); Nippon Sheet Glass Co. Ltd.; Research Frontiers Inc.; VELUX Group; Saint Gobain S.A.; Smartglass International; Polytronix Inc.; Smart Glass Technologies LLC; and View Inc.

Polaris Market Research has segmented the smart glass market report on the basis of technology, end use, and region:

By Technology Outlook (Revenue – USD Billion, 2020–2034)

  • Photochromic
  • Liquid Crystal
  • Suspended Particle Display
  • Electrochromic
  • Thermochromic
  • Others

By End Use Outlook (Revenue – USD Billion, 2020–2034)

  • Automotive & Transportation
  • Architecture & Construction
  • Aerospace
  • Solar Energy
  • Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Smart Glass Market Report Scope      

Report Attributes

Details

Market Size Value in 2024

USD 5.58 billion

Market Size Value in 2025

USD 5.95 billion

Revenue Forecast by 2034

USD 10.62 billion

CAGR

6.0% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD billion and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Technology
  • By End Use

Regional Scope

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

Competitive Landscape

  • Smart Glass Industry Trends Analysis (2024)
  • Company profiles/industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

For Specific Research Requirements

Request for Customized Report

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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