Transportation Smart Glass Market - By Technology (Electrochromic, Polymer Dispersed Liquid Crystal (PDLC), Suspended Particle Devices (SPD), Thermochromic, Photochromic, Others), By Control System, By End Use & Forecast, 2024 – 2032

Transportation Smart Glass Market Size

Transportation Smart Glass Market was valued at over USD 3.5 Billion in 2023 and is estimated to register a CAGR of over 9.5% between 2024 and 2032.
 

The increasing demand for energy-efficient solutions stems from a global imperative to address climate change and resource depletion. As awareness of environmental issues grows, individuals, businesses, and governments alike are seeking ways to reduce energy consumption and minimize their carbon footprint. Energy-efficient solutions offer a pathway to achieve these goals by optimizing resource usage and reducing waste. Smart glass technologies, such as electrochromic and thermochromic windows, enable dynamic control over light transmission and solar heat gain.
 

By adjusting transparency based on external conditions like sunlight intensity or interior temperature, smart glass can reduce the need for artificial lighting and air conditioning, leading to significant energy savings. This not only lowers utility costs but also contributes to sustainability efforts by decreasing greenhouse gas emissions associated with energy production. Moreover, the push for energy efficiency is reinforced by regulatory measures and building codes that mandate or incentivize the adoption of eco-friendly technologies. With increasing emphasis on green building standards, such as LEED certification, architects and developers are integrating energy-efficient solutions like smart glass into their designs to meet sustainability targets and enhance building performance. Overall, the demand for energy-efficient solutions reflects a broader shift towards environmental stewardship and the pursuit of a more sustainable future. In May 2022, Microsoft and Volkswagen collaborated to put augmented reality glasses in motion. The future of mobility by researchers at German automaker Volkswagen, who see augmented reality as one of the key elements of the future mobility concept. To get a little closer to this vision, Volkswagen has worked with Microsoft to make the mixed-reality glasses HoloLens 2 available for the first time in mobile vehicles.
 

Implementing smart glass technology often entails significant upfront investment due to the advanced materials and sophisticated manufacturing processes involved. The cost of smart glass products can be higher compared to traditional alternatives, which may deter some potential buyers, especially in industries or sectors with tighter budget constraints. Additionally, integrating smart glass into existing infrastructure or building designs may present logistical challenges, requiring modifications to accommodate the technology. These implementation hurdles, such as retrofitting buildings or coordinating with multiple stakeholders, can further delay adoption and increase overall project costs.
 

Transportation Smart Glass Market Trends

Smart glass is increasingly being integrated with IoT technology, allowing for seamless connectivity and enhanced functionality. IoT-enabled smart glass systems can be controlled remotely via smartphones or other devices, enabling users to adjust transparency, monitor energy usage, and receive real-time data on environmental conditions. This integration enhances user convenience, improves energy efficiency, and enables smart building management systems to optimize performance based on occupancy patterns and environmental factors. Furthermore, the energy safety perspective and environmental regulations have driven the demand for energy-efficient glasses. Furthermore, reduced sun glare is the primary benefit offered by smart glass, resulting in reduced solar heat gains. According to the National Renewable Energy Laboratory, electrochromic windows reduce electricity consumption by up to 49% and decrease lighting costs by up to 51%. This has led to increased demand for electrochromic glasses in transportation. Boeing 787-9 Dreamliner has incorporated electrochromic glasses in its windows.
 

As concerns about climate change and air pollution grow, governments, businesses, and consumers are increasingly embracing sustainable transportation solutions. This trend is driving innovation in EV technology, battery storage, and renewable energy infrastructure. Additionally, advancements in charging infrastructure and battery technology are making EVs more practical and affordable for a broader range of consumers. As a result, the transportation sector is experiencing a significant shift towards electrification and decarbonization. This trend not only reduces greenhouse gas emissions and dependence on fossil fuels but also presents opportunities for new business models and investment in clean energy technologies. Overall, the transition towards electric and sustainable transportation is reshaping the automotive industry and driving global efforts towards a greener and more sustainable future.
 

Transportation Smart Glass Market Analysis

Based on the end use, the market is segmented into automotive, aerospace, and marine. The automotive segment is estimated to register a CAGR of over 9.2% from 2024 to 2032.  SPD glass comprising a tint material blocks 99% of light providing shade as well as transparency required by the driver to operate the vehicle. The potential end use of glass in automotive segment lies in vehicle windows displaying time and location-based information, dynamic shading by blocking up to 99% light, and temperature & solar control. For instance, in January 2023, BMW unveiled BMW iVISION Dee at the CES 2023 event, equipped with high-end technologies and ultra-modern design.
 

Based on technology, the market is segmented into electrochromic, Polymer dispersed liquid crystal (PDLC), suspended particle devices (SPD), thermochromic, photochromic, and others. The electrochromic segment accounted for a market share of over 40% in 2023 This can be credited to increasing consumer demand, driven by the ability of electrochromic glass to control the amount of light passing through it, becoming opaque or transparent through a switch or a remote control. It allows light to pass through, preventing the entry of heat in times as hot as summer enabling lesser consumption of air conditioning in the house. Windows made of electrochromic glass increase visual comfort since light transmission can be reduced in periods, especially when there is excessive light from the external environment. It also enables energy savings. Electrochromic smart glass offers dynamic control over light transmission, allowing users to adjust the tint or opacity of the glass in real-time. By applying a low-voltage electrical current, the glass can transition from transparent to opaque or anywhere in between, providing privacy, glare control, and shading as needed.
 

North America is growing significantly in the global transportation smart glass market in 2023, accounting for a market share of over 35%. With growing concerns about climate change, air pollution, and energy security, governments and consumers in North America are increasingly turning to EVs as a cleaner and more sustainable alternative to traditional gasoline-powered vehicles. This trend is supported by government incentives, such as tax credits and rebates, as well as regulations aimed at reducing greenhouse gas emissions from transportation. Furthermore, the expansion of EV charging infrastructure across North America is facilitating the broader adoption of electric vehicles, addressing concerns about range anxiety and accessibility. Major automakers are also investing heavily in the development and production of electric vehicles, introducing a wide range of EV models to the market.
 

Transportation Smart Glass Market Share

Major players operating in the transportation smart glass industry are:

• AGC Inc.
• ChromoGenics
• Corning Incorporated
• Gauzy Ltd.
• Gentex Corporation
• Guardian Industries Holdings, LLC
• Halio Inc.
• Merck KGaA (Merck Group)
• Nippon Sheet Glass Co. Ltd.
• Polytronix Inc.
• PPG Industries Inc
• RavenWindow
• RavenWindow
• Research Frontiers Inc.
• Saint Goblin S.A.
• Smart Glass Technologies LLC
• Smartglass International
• VELUX Group
• View Inc.
   

AGC Inc., Holds a significant market share in the market. AGC Inc., formerly known as Asahi Glass Co., Ltd., is a prominent player in the transportation smart glass business. the company is a global leader in glass manufacturing and has been actively involved in the development and commercialization of smart glass technologies. AGC offers a range of smart glass solutions under its "AGC Glass" brand, catering to diverse end uses and industries.
 

Major players, such as Some of the key market players are AGC Inc., ChromoGenics, Corning Incorporated, Gauzy Ltd., Gentex Corporation, Guardian Industries Holdings, LLC., are constantly implementing strategic measures including geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches.
 

Transportation Smart Glass Industry News

• In October 2023, Guardian Industries Holdings, LLC introduced SunGuard SNX 70+, a triple silver-coated glass featuring a visible light transmission of 68% and a solar heat gain coefficient of 0.28 when applied to Guardian UltraClear low-iron glass. Engineered to ensure a uniform neutral reflected color, this glass maintains its aesthetic appeal whether observed directly or from an angled perspective.
   
• In January 2022, Eye Lights & AGC collaborated to introduce industrialized augmented reality (AR) capabilities to series vehicles, enhancing in-car safety and user experience. The combined windshield and display technologies offer numerous benefits, including the largest virtual screen size (550 inches) and a projection distance displayed up to 50 meters away from the driver.
   

The transportation smart glass market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Technology

• Electrochromic
• Polymer Dispersed Liquid Crystal (PDLC)
• Suspended Particle Devices (SPD)
• Thermochromics
• Photochromic
• Others

Market, By Control System

• Rheostats
• Switches
• Remote
• Others

Market, By End Use

• Automotive
• Aerospace
• Marine

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA