The global electrochromic glass market was valued at USD 2.4 billion in 2024 and is anticipated to reach USD 8.4 billion by 2037, growing at a CAGR of 11.0% during the forecast period from 2025 to 2037. By 2025, the market size is expected to rise to USD 2.6 billion, driven by increasing demand for energy-efficient and smart glass solutions across various industries. Furthermore, the use of smart windows in residential and commercial buildings has been driven by energy efficiency codes and tax incentives provided by governments worldwide.
Table of Contents
1. Introduction
1.1. Market Definition and Segmentation
1.2. Study Assumptions and Abbreviations
1.2. Study Assumptions and Abbreviations
2. Study Assumptions and Abbreviations
2.1. Secondary Research
2.2. Primary Research
2.3. SPSS Approach
2.4. Data Triangulation
2.2. Primary Research
2.3. SPSS Approach
2.4. Data Triangulation
4. Industry Overview
4.1. Country Synopsis
4.2. Industry Supply Chain Analysis
4.3. DROT
4.3.1. Driver
4.3.2. Restraint
4.3.3. Opportunity
4.3.4. Trend
4.4. Government Regulation
4.5. Competitive Landscape
4.5.1. AGC Inc.
4.5.2. ChromoGenics
4.5.3. Corning Incorporated
4.5.4. Gauzy Ltd.
4.5.5. Gentex Corporation
4.5.6. Guardian Industries Holdings, LLC
4.5.7. Halio Inc.
4.5.8. Merck KGaA (Merck Group)
4.5.9. Nippon Sheet Glass Co. Ltd.
4.5.10. Polytronix Inc.
4.5.11. PPG Industries Inc
4.6. Strategies Adopted By Key Players
4.7. Technology Analysis
4.8. Technology Trends in Smart Windows
4.9. Functionality Type Analysis
4.10. Demand Analysis For Smart Windows
4.11. Product Pricing Analysis
4.12. Application Analysis
4.13. SWOT Analysis
4.14. PESTLE Analysis
4.15. Strategic News
4.16. PORTER Five Forces Analysis
4.17. Industry Risk Assessment
4.2. Industry Supply Chain Analysis
4.3. DROT
4.3.1. Driver
4.3.2. Restraint
4.3.3. Opportunity
4.3.4. Trend
4.4. Government Regulation
4.5. Competitive Landscape
4.5.1. AGC Inc.
4.5.2. ChromoGenics
4.5.3. Corning Incorporated
4.5.4. Gauzy Ltd.
4.5.5. Gentex Corporation
4.5.6. Guardian Industries Holdings, LLC
4.5.7. Halio Inc.
4.5.8. Merck KGaA (Merck Group)
4.5.9. Nippon Sheet Glass Co. Ltd.
4.5.10. Polytronix Inc.
4.5.11. PPG Industries Inc
4.6. Strategies Adopted By Key Players
4.7. Technology Analysis
4.8. Technology Trends in Smart Windows
4.9. Functionality Type Analysis
4.10. Demand Analysis For Smart Windows
4.11. Product Pricing Analysis
4.12. Application Analysis
4.13. SWOT Analysis
4.14. PESTLE Analysis
4.15. Strategic News
4.16. PORTER Five Forces Analysis
4.17. Industry Risk Assessment
5. Global Outlook and Projections
5.1. Global Overview
5.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
5.1.2. Increment $ Opportunity Assessment, 2024-2037
5.1.3. Year-on-Year Growth Forecast (%)
5.2. Global Segmentation (USD Million), 2024-2037, By
5.2.1. Glass Type, Value (USD Million)
5.2.1.1. Passive Electrochromic Glass
5.2.1.1.1. Thermochromic Glass
5.2.1.1.2. Photochromic Glass
5.2.1.2. Active Electrochromic Glass
5.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
5.2.1.2.2. Suspended Particle Device (SPD) Glass
5.2.1.3. Others
5.2.2. Application, Value (USD Million)
5.2.2.1. Architectural
5.2.2.1.1. Residential
5.2.2.1.1.1. Smart Windows
5.2.2.1.1.2. Privacy Glass
5.2.2.1.2. Commercial
5.2.2.2. Automotive
5.2.2.3. Aerospace
5.2.2.4. Consumer Electronics
5.2.2.5. Others
5.2.3. Functionality, Value (USD Million)
5.2.3.1. Energy-efficient Solutions
5.2.3.2. Privacy Control
5.2.3.3. Temperature Regulation
5.2.3.4. UV Protection
5.2.3.5. Others
5.3. Regional Synopsis, Value (USD Million), 2024-2037
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Latin America
5.3.5. Middle East and Africa
5.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
5.1.2. Increment $ Opportunity Assessment, 2024-2037
5.1.3. Year-on-Year Growth Forecast (%)
5.2. Global Segmentation (USD Million), 2024-2037, By
5.2.1. Glass Type, Value (USD Million)
5.2.1.1. Passive Electrochromic Glass
5.2.1.1.1. Thermochromic Glass
5.2.1.1.2. Photochromic Glass
5.2.1.2. Active Electrochromic Glass
5.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
5.2.1.2.2. Suspended Particle Device (SPD) Glass
5.2.1.3. Others
5.2.2. Application, Value (USD Million)
5.2.2.1. Architectural
5.2.2.1.1. Residential
5.2.2.1.1.1. Smart Windows
5.2.2.1.1.2. Privacy Glass
5.2.2.1.2. Commercial
5.2.2.2. Automotive
5.2.2.3. Aerospace
5.2.2.4. Consumer Electronics
5.2.2.5. Others
5.2.3. Functionality, Value (USD Million)
5.2.3.1. Energy-efficient Solutions
5.2.3.2. Privacy Control
5.2.3.3. Temperature Regulation
5.2.3.4. UV Protection
5.2.3.5. Others
5.3. Regional Synopsis, Value (USD Million), 2024-2037
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Latin America
5.3.5. Middle East and Africa
6. North America Market
6.1. Overview
6.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
6.1.2. Increment $ Opportunity Assessment, 2024-2037
6.1.3. Year-on-Year Growth Forecast (%)
6.2. Segmentation (USD Million), 2024-2037,
6.2.1. Glass Type, Value (USD Million)
6.2.1.1. Passive Electrochromic Glass
6.2.1.1.1. Thermochromic Glass
6.2.1.1.2. Photochromic Glass
6.2.1.2. Active Electrochromic Glass
6.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
6.2.1.2.2. Suspended Particle Device (SPD) Glass
6.2.1.3. Others
6.2.2. Application, Value (USD Million)
6.2.2.1. Architectural
6.2.2.1.1. Residential
6.2.2.1.1.1. Smart Windows
6.2.2.1.1.2. Privacy Glass
6.2.2.1.2. Commercial
6.2.2.2. Automotive
6.2.2.3. Aerospace
6.2.2.4. Consumer Electronics
6.2.2.5. Others
6.2.3. Functionality, Value (USD Million)
6.2.3.1. Energy-efficient Solutions
6.2.3.2. Privacy Control
6.2.3.3. Temperature Regulation
6.2.3.4. UV Protection
6.2.3.5. Others
6.2.4. Country Level Analysis Value (USD Million), 2024-2037
6.2.4.1. U.S.
6.2.4.2. Canada
6.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
6.1.2. Increment $ Opportunity Assessment, 2024-2037
6.1.3. Year-on-Year Growth Forecast (%)
6.2. Segmentation (USD Million), 2024-2037,
6.2.1. Glass Type, Value (USD Million)
6.2.1.1. Passive Electrochromic Glass
6.2.1.1.1. Thermochromic Glass
6.2.1.1.2. Photochromic Glass
6.2.1.2. Active Electrochromic Glass
6.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
6.2.1.2.2. Suspended Particle Device (SPD) Glass
6.2.1.3. Others
6.2.2. Application, Value (USD Million)
6.2.2.1. Architectural
6.2.2.1.1. Residential
6.2.2.1.1.1. Smart Windows
6.2.2.1.1.2. Privacy Glass
6.2.2.1.2. Commercial
6.2.2.2. Automotive
6.2.2.3. Aerospace
6.2.2.4. Consumer Electronics
6.2.2.5. Others
6.2.3. Functionality, Value (USD Million)
6.2.3.1. Energy-efficient Solutions
6.2.3.2. Privacy Control
6.2.3.3. Temperature Regulation
6.2.3.4. UV Protection
6.2.3.5. Others
6.2.4. Country Level Analysis Value (USD Million), 2024-2037
6.2.4.1. U.S.
6.2.4.2. Canada
7. Europe Market
7.1. Overview
7.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
7.1.2. Increment $ Opportunity Assessment, 2024-2037
7.1.3. Year-on-Year Growth Forecast (%)
7.2. Segmentation (USD Million), 2024-2037,
7.2.1. Glass Type, Value (USD Million)
7.2.1.1. Passive Electrochromic Glass
7.2.1.1.1. Thermochromic Glass
7.2.1.1.2. Photochromic Glass
7.2.1.2. Active Electrochromic Glass
7.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
7.2.1.2.2. Suspended Particle Device (SPD) Glass
7.2.1.3. Others
7.2.2. Application, Value (USD Million)
7.2.2.1. Architectural
7.2.2.1.1. Residential
7.2.2.1.1.1. Smart Windows
7.2.2.1.1.2. Privacy Glass
7.2.2.1.2. Commercial
7.2.2.2. Automotive
7.2.2.3. Aerospace
7.2.2.4. Consumer Electronics
7.2.2.5. Others
7.2.3. Functionality, Value (USD Million)
7.2.3.1. Energy-efficient Solutions
7.2.3.2. Privacy Control
7.2.3.3. Temperature Regulation
7.2.3.4. UV Protection
7.2.3.5. Others
7.2.4. Country Level Analysis Value (USD Million), 2024-2037
7.2.4.1. UK
7.2.4.2. Germany
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Spain
7.2.4.6. NORDIC
7.2.4.7. Russia
7.2.4.8. Rest of Europe
7.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
7.1.2. Increment $ Opportunity Assessment, 2024-2037
7.1.3. Year-on-Year Growth Forecast (%)
7.2. Segmentation (USD Million), 2024-2037,
7.2.1. Glass Type, Value (USD Million)
7.2.1.1. Passive Electrochromic Glass
7.2.1.1.1. Thermochromic Glass
7.2.1.1.2. Photochromic Glass
7.2.1.2. Active Electrochromic Glass
7.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
7.2.1.2.2. Suspended Particle Device (SPD) Glass
7.2.1.3. Others
7.2.2. Application, Value (USD Million)
7.2.2.1. Architectural
7.2.2.1.1. Residential
7.2.2.1.1.1. Smart Windows
7.2.2.1.1.2. Privacy Glass
7.2.2.1.2. Commercial
7.2.2.2. Automotive
7.2.2.3. Aerospace
7.2.2.4. Consumer Electronics
7.2.2.5. Others
7.2.3. Functionality, Value (USD Million)
7.2.3.1. Energy-efficient Solutions
7.2.3.2. Privacy Control
7.2.3.3. Temperature Regulation
7.2.3.4. UV Protection
7.2.3.5. Others
7.2.4. Country Level Analysis Value (USD Million), 2024-2037
7.2.4.1. UK
7.2.4.2. Germany
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Spain
7.2.4.6. NORDIC
7.2.4.7. Russia
7.2.4.8. Rest of Europe
8. Asia Pacific Market
8.1. Overview
8.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
8.1.2. Increment $ Opportunity Assessment, 2024-2037
8.1.3. Year-on-Year Growth Forecast (%)
8.2. Segmentation (USD Million), 2024-2037,
8.2.1. Glass Type, Value (USD Million)
8.2.1.1. Passive Electrochromic Glass
8.2.1.1.1. Thermochromic Glass
8.2.1.1.2. Photochromic Glass
8.2.1.2. Active Electrochromic Glass
8.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
8.2.1.2.2. Suspended Particle Device (SPD) Glass
8.2.1.3. Others
8.2.2. Application, Value (USD Million)
8.2.2.1. Architectural
8.2.2.1.1. Residential
8.2.2.1.1.1. Smart Windows
8.2.2.1.1.2. Privacy Glass
8.2.2.1.2. Commercial
8.2.2.2. Automotive
8.2.2.3. Aerospace
8.2.2.4. Consumer Electronics
8.2.2.5. Others
8.2.3. Functionality, Value (USD Million)
8.2.3.1. Energy-efficient Solutions
8.2.3.2. Privacy Control
8.2.3.3. Temperature Regulation
8.2.3.4. UV Protection
8.2.3.5. Others
8.3. Country Level Analysis Value (USD Million), 2024-2037
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. Indonesia
8.3.5. Australia
8.3.6. South Korea
8.3.7. Vietnam
8.3.8. Malaysia
8.3.9. Rest of Asia Pacific
8.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
8.1.2. Increment $ Opportunity Assessment, 2024-2037
8.1.3. Year-on-Year Growth Forecast (%)
8.2. Segmentation (USD Million), 2024-2037,
8.2.1. Glass Type, Value (USD Million)
8.2.1.1. Passive Electrochromic Glass
8.2.1.1.1. Thermochromic Glass
8.2.1.1.2. Photochromic Glass
8.2.1.2. Active Electrochromic Glass
8.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
8.2.1.2.2. Suspended Particle Device (SPD) Glass
8.2.1.3. Others
8.2.2. Application, Value (USD Million)
8.2.2.1. Architectural
8.2.2.1.1. Residential
8.2.2.1.1.1. Smart Windows
8.2.2.1.1.2. Privacy Glass
8.2.2.1.2. Commercial
8.2.2.2. Automotive
8.2.2.3. Aerospace
8.2.2.4. Consumer Electronics
8.2.2.5. Others
8.2.3. Functionality, Value (USD Million)
8.2.3.1. Energy-efficient Solutions
8.2.3.2. Privacy Control
8.2.3.3. Temperature Regulation
8.2.3.4. UV Protection
8.2.3.5. Others
8.3. Country Level Analysis Value (USD Million), 2024-2037
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. Indonesia
8.3.5. Australia
8.3.6. South Korea
8.3.7. Vietnam
8.3.8. Malaysia
8.3.9. Rest of Asia Pacific
9. Latin America Market
9.1. Overview
9.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
9.1.2. Increment $ Opportunity Assessment, 2024-2037
9.1.3. Year-on-Year Growth Forecast (%)
9.2. Segmentation (USD Million), 2024-2037,
9.2.1. Glass Type, Value (USD Million)
9.2.1.1. Passive Electrochromic Glass
9.2.1.1.1. Thermochromic Glass
9.2.1.1.2. Photochromic Glass
9.2.1.2. Active Electrochromic Glass
9.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
9.2.1.2.2. Suspended Particle Device (SPD) Glass
9.2.1.3. Others
9.2.2. Application, Value (USD Million)
9.2.2.1. Architectural
9.2.2.1.1. Residential
9.2.2.1.1.1. Smart Windows
9.2.2.1.1.2. Privacy Glass
9.2.2.1.2. Commercial
9.2.2.2. Automotive
9.2.2.3. Aerospace
9.2.2.4. Consumer Electronics
9.2.2.5. Others
9.2.3. Functionality, Value (USD Million)
9.2.3.1. Energy-efficient Solutions
9.2.3.2. Privacy Control
9.2.3.3. Temperature Regulation
9.2.3.4. UV Protection
9.2.3.5. Others
9.3. Country Level Analysis Value (USD Million), 2024-2037
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Mexico
9.3.4. Rest of Latin America
9.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
9.1.2. Increment $ Opportunity Assessment, 2024-2037
9.1.3. Year-on-Year Growth Forecast (%)
9.2. Segmentation (USD Million), 2024-2037,
9.2.1. Glass Type, Value (USD Million)
9.2.1.1. Passive Electrochromic Glass
9.2.1.1.1. Thermochromic Glass
9.2.1.1.2. Photochromic Glass
9.2.1.2. Active Electrochromic Glass
9.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
9.2.1.2.2. Suspended Particle Device (SPD) Glass
9.2.1.3. Others
9.2.2. Application, Value (USD Million)
9.2.2.1. Architectural
9.2.2.1.1. Residential
9.2.2.1.1.1. Smart Windows
9.2.2.1.1.2. Privacy Glass
9.2.2.1.2. Commercial
9.2.2.2. Automotive
9.2.2.3. Aerospace
9.2.2.4. Consumer Electronics
9.2.2.5. Others
9.2.3. Functionality, Value (USD Million)
9.2.3.1. Energy-efficient Solutions
9.2.3.2. Privacy Control
9.2.3.3. Temperature Regulation
9.2.3.4. UV Protection
9.2.3.5. Others
9.3. Country Level Analysis Value (USD Million), 2024-2037
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Mexico
9.3.4. Rest of Latin America
10. Middle East & Africa Market
10.1. Overview
10.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
10.1.2. Increment $ Opportunity Assessment, 2024-2037
10.1.3. Year-on-Year Growth Forecast (%)
10.2. Segmentation (USD Million), 2024-2037,
10.2.1. Glass Type, Value (USD Million)
10.2.1.1. Passive Electrochromic Glass
10.2.1.1.1. Thermochromic Glass
10.2.1.1.2. Photochromic Glass
10.2.1.2. Active Electrochromic Glass
10.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
10.2.1.2.2. Suspended Particle Device (SPD) Glass
10.2.1.3. Others
10.2.2. Application, Value (USD Million)
10.2.2.1. Architectural
10.2.2.1.1. Residential
10.2.2.1.1.1. Smart Windows
10.2.2.1.1.2. Privacy Glass
10.2.2.1.2. Commercial
10.2.2.2. Automotive
10.2.2.3. Aerospace
10.2.2.4. Consumer Electronics
10.2.2.5. Others
10.2.3. Functionality, Value (USD Million)
10.2.3.1. Energy-efficient Solutions
10.2.3.2. Privacy Control
10.2.3.3. Temperature Regulation
10.2.3.4. UV Protection
10.2.3.5. Others
10.3. Country Level Analysis Value (USD Million), 2024-2037
10.3.1. GCC
10.3.2. Israel
10.3.3. South Africa
10.3.4. Rest of Middle East & Africa
10.1.1. Market Value (USD Million), Current and Future Projections, 2024-2037
10.1.2. Increment $ Opportunity Assessment, 2024-2037
10.1.3. Year-on-Year Growth Forecast (%)
10.2. Segmentation (USD Million), 2024-2037,
10.2.1. Glass Type, Value (USD Million)
10.2.1.1. Passive Electrochromic Glass
10.2.1.1.1. Thermochromic Glass
10.2.1.1.2. Photochromic Glass
10.2.1.2. Active Electrochromic Glass
10.2.1.2.1. Polymer Dispersed Liquid Crystal (PDLC) Glass
10.2.1.2.2. Suspended Particle Device (SPD) Glass
10.2.1.3. Others
10.2.2. Application, Value (USD Million)
10.2.2.1. Architectural
10.2.2.1.1. Residential
10.2.2.1.1.1. Smart Windows
10.2.2.1.1.2. Privacy Glass
10.2.2.1.2. Commercial
10.2.2.2. Automotive
10.2.2.3. Aerospace
10.2.2.4. Consumer Electronics
10.2.2.5. Others
10.2.3. Functionality, Value (USD Million)
10.2.3.1. Energy-efficient Solutions
10.2.3.2. Privacy Control
10.2.3.3. Temperature Regulation
10.2.3.4. UV Protection
10.2.3.5. Others
10.3. Country Level Analysis Value (USD Million), 2024-2037
10.3.1. GCC
10.3.2. Israel
10.3.3. South Africa
10.3.4. Rest of Middle East & Africa
11. About the Publisher
11.1. Global Clientele
Companies Mentioned
- AGC Inc.
- Guardian Industries Holdings LLC
- ChromoGenics
- Corning Incorporated
- Gauzy Ltd.
- Gentex Corporation
- Halio Inc.
- Merck KGaA (Merck Group)
- Nippon Sheet Glass Co. Ltd.
