Electrochromic Glass Market Size & Share, by Glass Type (Passive Electrochromic Glass, Active Electrochromic Glass); Application (Architectural, Automotive, Aerospace, Consumer Electronics, Others); Functionality (Energy-efficient Solutions, Privacy Control, Temperature Regulation, UV Protection, Other) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 3538
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT
  1. Introduction
    1. Market Definition and Segmentation
    2. Study Assumptions and Abbreviations
  2. Study Assumptions and Abbreviations
    1. Secondary Research
    2. Primary Research
    3. SPSS Approach
    4. Data Triangulation
  3. Executive Summary
  4. Industry Overview
    1. Country Synopsis
    2. Industry Supply Chain Analysis
    3. DROT
      1. Driver
      2. Restraint
      3. Opportunity
      4. Trend
    4. Government Regulation
    5. Competitive Landscape
      1. AGC Inc.
      2. ChromoGenics
      3. Corning Incorporated
      4. Gauzy Ltd.
      5. Gentex Corporation
      6. Guardian Industries Holdings, LLC
      7. Halio Inc.
      8. Merck KGaA (Merck Group)
      9. Nippon Sheet Glass Co. Ltd.
      10. Polytronix Inc.
      11. PPG Industries Inc
    6. Strategies Adopted By Key Players
    7. Technology Analysis
    8. Technology Trends in Smart Windows
    9. Functionality Type Analysis
    10. Demand Analysis For Smart Windows
    11. Product Pricing Analysis
    12. Application Analysis
    13. SWOT Analysis
    14. PESTLE Analysis
    15. Strategic News
    16. PORTER Five Forces Analysis
    17. Industry Risk Assessment
  5. Global Outlook and Projections  
    1. Global Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Global Segmentation (USD Million), 2024-2037, By
      1. Glass Type, Value (USD Million)
        1. Passive Electrochromic Glass
          1. Thermochromic Glass
          2. Photochromic Glass
        2. Active Electrochromic Glass
          1. Polymer Dispersed Liquid Crystal (PDLC) Glass
          2. Suspended Particle Device (SPD) Glass
        3. Others
      2. Application, Value (USD Million)
        1. Architectural
          1. Residential
            1. Smart Windows
            2. Privacy Glass
          2. Commercial
        2. Automotive
        3. Aerospace
        4. Consumer Electronics
        5. Others
      3. Functionality, Value (USD Million)
        1. Energy-efficient Solutions
        2. Privacy Control
        3. Temperature Regulation
        4. UV Protection
        5. Others
    3. Regional Synopsis, Value (USD Million),  2024-2037
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East and Africa
  6. North America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, 
      1. Glass Type, Value (USD Million)
        1. Passive Electrochromic Glass
          1. Thermochromic Glass
          2. Photochromic Glass
        2. Active Electrochromic Glass
          1. Polymer Dispersed Liquid Crystal (PDLC) Glass
          2. Suspended Particle Device (SPD) Glass
        3. Others
      2. Application, Value (USD Million)
        1. Architectural
          1. Residential
            1. Smart Windows
            2. Privacy Glass
          2. Commercial
        2. Automotive
        3. Aerospace
        4. Consumer Electronics
        5. Others
      3.  Functionality, Value (USD Million)
        1. Energy-efficient Solutions
        2. Privacy Control
        3. Temperature Regulation
        4. UV Protection
        5. Others
      4.  Country Level Analysis Value (USD Million), 2024-2037
        1. U.S.
        2. Canada
  7. Europe Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, 
      1. Glass Type, Value (USD Million)
        1. Passive Electrochromic Glass
          1. Thermochromic Glass
          2. Photochromic Glass
        2. Active Electrochromic Glass
          1. Polymer Dispersed Liquid Crystal (PDLC) Glass
          2. Suspended Particle Device (SPD) Glass
        3. Others
      2. Application, Value (USD Million)
        1. Architectural
          1. Residential
            1. Smart Windows
            2. Privacy Glass
          2. Commercial
        2. Automotive
        3. Aerospace
        4. Consumer Electronics
        5. Others
      3.  Functionality, Value (USD Million)
        1. Energy-efficient Solutions
        2. Privacy Control
        3. Temperature Regulation
        4. UV Protection
        5. Others
      4. Country Level Analysis Value (USD Million), 2024-2037
        1. UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. NORDIC
        7. Russia
        8. Rest of Europe
  8. Asia Pacific Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, 
      1.  Glass Type, Value (USD Million)
        1. Passive Electrochromic Glass
          1. Thermochromic Glass
          2. Photochromic Glass
        2. Active Electrochromic Glass
          1. Polymer Dispersed Liquid Crystal (PDLC) Glass
          2. Suspended Particle Device (SPD) Glass
        3. Others
      2. Application, Value (USD Million)
        1. Architectural
          1. Residential
            1. Smart Windows
            2. Privacy Glass
          2. Commercial
        2. Automotive
        3. Aerospace
        4. Consumer Electronics
        5. Others
      3.  Functionality, Value (USD Million)
        1. Energy-efficient Solutions
        2. Privacy Control
        3. Temperature Regulation
        4. UV Protection
        5. Others
    3. Country Level Analysis Value (USD Million), 2024-2037
      1. China
      2. Japan
      3. India
      4. Indonesia
      5. Australia
      6. South Korea
      7. Vietnam
      8. Malaysia
      9. Rest of Asia Pacific
  9. Latin America Market
    1. Overview
      1. Market Value (USD Million),  Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, 
      1. Glass Type, Value (USD Million)
        1. Passive Electrochromic Glass
          1. Thermochromic Glass
          2. Photochromic Glass
        2. Active Electrochromic Glass
          1. Polymer Dispersed Liquid Crystal (PDLC) Glass
          2. Suspended Particle Device (SPD) Glass
        3. Others
      2. Application, Value (USD Million)
        1. Architectural
          1. Residential
            1. Smart Windows
            2. Privacy Glass
          2. Commercial
        2. Automotive
        3. Aerospace
        4. Consumer Electronics
        5. Others
      3.  Functionality, Value (USD Million)
        1. Energy-efficient Solutions
        2. Privacy Control
        3. Temperature Regulation
        4. UV Protection
        5. Others
    3.  Country Level Analysis Value (USD Million), 2024-2037
      1. Brazil
      2. Argentina
      3. Mexico
      4. Rest of Latin America
  10. Middle East & Africa Market
    1. Overview
      1. Market Value (USD Million),  Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, 
      1. Glass Type, Value (USD Million)
        1. Passive Electrochromic Glass
          1. Thermochromic Glass
          2. Photochromic Glass
        2. Active Electrochromic Glass
          1. Polymer Dispersed Liquid Crystal (PDLC) Glass
          2. Suspended Particle Device (SPD) Glass
        3. Others
      2. Application, Value (USD Million)
        1. Architectural
          1. Residential
            1. Smart Windows
            2. Privacy Glass
          2. Commercial
        2. Automotive
        3. Aerospace
        4. Consumer Electronics
        5. Others
      3.  Functionality, Value (USD Million)
        1. Energy-efficient Solutions
        2. Privacy Control
        3. Temperature Regulation
        4. UV Protection
        5. Others
    3.  Country Level Analysis Value (USD Million), 2024-2037
      1. GCC
      2. Israel
      3. South Africa
      4. Rest of Middle East & Africa
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Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Electrochromic Glass Market size was valued at USD 2.4 billion in 2024 and is projected to reach a valuation of USD 8.4 billion by the end of 2037, rising at a CAGR of 11% during the forecast period, i.e., 2025-2037. In 2025, the industry size of electrochromic glass is evaluated at USD 2.6 billion.

The electrochromic glass market is being fueled by the increasing demand for better energy efficiency and sustainable constructions. The use of electrochromic glass in contemporary architecture provides the ability to manage the amount of light and heat that enters a building, decreasing energy usage by 20%. In January 2022, View Inc. collaborated with Nabr to implement Smart Windows in green neighborhoods for housing to illustrate the use of glass in lowering the carbon footprint and maximizing energy consumption in cities. Smart city initiatives are being encouraged all over the world, which is increasing the adoption of new classes of glass.

Furthermore, the adoption of electrochromic glass, especially in sunroofs and windows of automobiles is opening up new electrochromic glass market opportunities. Renault launched the Solarbay sunroof with PDLC technology in November 2023 as a representative of the high-tech glass systems that control light transmission in vehicles. As more and more governments pursue the goal of carbon neutrality, and more and more consumers demand sustainable solutions, electrochromic glass remains a rapidly growing product that finds application in various industries, with technological developments and supportive legislation.


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Electrochromic Glass Sector: Growth Drivers and Challenges

Growth Drivers

  • Energy efficiency and sustainability: The escalating worldwide concern about energy saving has made electrochromic glass an essential element in green construction projects. These glasses help manage energy consumption by efficiently controlling the heating, cooling, and lighting requirements, thus lowering operations costs and environmental footprint. In September 2024, Saint-Gobain committed to investing USD 400 million in sustainable glass production in Tamil Nadu, which supports the industry’s focus on the green initiative. As green building practices become more popular, electrochromic glass is one of the most effective solutions for energy efficiency and decreasing carbon prints in contemporary architecture.
  • Integration in smart city projects: The concept of smart cities has created a need for advanced building materials, such as electrochromic glass, that improve energy usage and environmental versatility. This glass helps smart building systems by providing ways to control light and heat to enhance the interior conditions of a building. In September 2023, SKC Ltd. invested USD 70 million into HALIO to drive smart glass technologies and support smart city frameworks across the globe. Such advancements show how electrochromic glass is increasingly being incorporated into smart urban projects as part of sustainability and urbanization agendas.
  • Rising adoption in the automotive industry: Auto manufacturers are using electrochromic glass more often for better comfort of passengers, decreasing the glare and for the better look of the car. In November 2023, AGC Inc. released a new model of Anti-Glare Glass for automotive applications with improved mechanical characteristics and functional properties. This innovation is an indication of the automotive industry’s focus on applying state-of-the-art glass technologies on both luxury and commercial automobiles. Due to the increasing focus on the comfort of passengers and fuel consumption, electrochromic glass is becoming more popular in the automobile industry and is considered one of the main materials for the development of new car models.

Challenges

  • Complex manufacturing processes: The making of electrochromic glass uses techniques such as chemical vapor deposition and multiple layering, which makes the process difficult and expensive to scale up. These complex processes are capital-intensive and demand specialized skills, making the technology unaffordable and out of reach to most small-scale manufacturers. These manufacturing challenges need to be addressed in order to enhance the efficiency of the production process and reduce the cost of making it available for the electrochromic glass market.
  • Durability and maintenance concerns: Electrochromic glass has some drawbacks related to its service life, particularly in harsh climates or conditions of intensive use. Some factors like UV radiation, humidity, and temperature variations may cause degradation of the material and thus reduce its performance thus posing certain maintenance issues. Standardization of quality and creating new coatings to improve the performance of the electrochromic glass is important to improve consumer confidence and penetration across various applications.

Electrochromic Glass Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

11%

Base Year Market Size (2024)

USD 2.4 billion

Forecast Year Market Size (2037)

USD 8.4 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Electrochromic Glass Segmentation

Glass Type (Passive Electrochromic Glass, Active Electrochromic Glass)

Active electrochromic glass segment is projected to dominate electrochromic glass market share of over 60.1% by 2037, due to the enhanced control options and use in architectural applications. Furthermore, its capacity to control light and thermal transmittance makes it suitable for use in energy-efficient structures. In September 2024, Amkor Technology launched the S-SWIFT package that simplified the process of implementing active electrochromic technologies in high-performance designs. These innovations are increasing the demand in areas like architecture and transportation to show the importance of this segment in contemporary building products.

Application (Architectural, Automotive, Aerospace, Consumer Electronics, Others)

In electrochromic glass market, architectural segment is expected to hold revenue share of more than 45.4% by 2037, due to the increased focus on green building and urbanization. The application of electrochromic glass in current architectural designs is quite common due to its potential to optimize energy efficiency and create an aesthetical appeal. In October 2023, Guardian Glass launched the SunGuard SNX 70+ coated glass with thermal capabilities in energy-efficient structures. These developments prove that electrochromic glass is a solution that can help in meeting the goals for sustainability in construction, promoting electrochromic glass market growth through 2037.

Our in-depth analysis of the global market includes the following segments:

Glass Type

  • Passive Electrochromic Glass
  • Active Electrochromic Glass

Application

  • Architectural
  • Automotive
  • Aerospace
  • Consumer Electronics
  • Others

Functionality

  • Energy-efficient Solutions
  • Privacy Control
  • Temperature Regulation
  • UV Protection
  • Other

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Electrochromic Glass Industry - Regional Synopsis

North America Market Analysis

North America electrochromic glass market is set to grow at CAGR of around 35% between 2025 and 2037, due to the region’s focus on energy efficiency and sustainability. The use of new technologies like electrochromic windows is thought to be one of the best ways to cut down on energy use and greenhouse emissions. The U.S. Department of Energy has estimated that the use of energy in homes, buildings, and industries accounts for over 70% of the total energy that is used in the U.S., hence the need for energy-saving solutions such as smart glass. 

The adoption of electrochromic glass is rising at a steady pace in the U.S. in residential and commercial construction owing to its potential to enhance the IEQ with less energy costs. Due to its interest in green building and energy-saving structures, the U.S. is a vital electrochromic glass market for new and improved products. Moreover, high penetration in the commercial segment, along with favorable government initiatives towards sustainable development, will continue to drive market expansion in the future. 

In Canada, the increasing concerns towards green building materials and intelligent cities create a favorable electrochromic glass market. The growing spending on green infrastructure and emphasis on energy-efficient buildings correspond with the goals of reducing greenhouse gas emissions to zero. The challenging climate of the country only underlines the requirement for superior window products that can help in energy management, and electrochromic glass can be a perfect solution for both the residential and commercial sectors. 

Asia Pacific Market Statistics

In electrochromic glass market, Asia Pacific region is expected to showcase growth rate of over 9.4% till 2037, owing to the increasing urban population, smart city projects, and the increasing demand for sustainable building materials. The increasing adoption of smart homes in the region is evidence of the need for innovative building technologies, such as electrochromic glass, that can enhance energy efficiency and the comfort of the occupants.

The growth of India electrochromic glass market is driven by government stimuli for smart city and industrial development. In August 2024, the National Industrial Corridor Development Programme (NICDP) sanctioned USD 3.4 billion for 12 new industrial smart cities and their associated infrastructure projects. Currently, there are about 12.8 million smart homes, and the penetration is set to rise further at a CAGR of 12.8% by 2025, thus making the demand for energy-efficient and intelligent construction materials such as electrochromic glass high.

China is proving to be one of the world’s most progressive users of electrochromic glass owing to developments in the automotive and residential construction sectors. In September 2023, NIO launched the All-New EC6 Smart Electric Coupe SUV with the panoramic sunroof and the optional electrochromic glass for heat and sound insulation. This innovation shows that China has been keen to incorporate new material technology into its automotive and construction industries. The country’s growth in the urban sector and its focus on sustainable technologies place it as a dominant electrochromic glass market in Asia Pacific.

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Companies Dominating the Electrochromic Glass Landscape

    The global electrochromic glass market is considered highly competitive due to the presence of several industry players such as AGC Inc., Saint-Gobain, Guardian Industries Holdings, ChromoGenics, Gentex Corporation, Corning Incorporated, and Halio Inc., which are focusing on developing new and sustainable products. These companies are using their capital to research and develop new products, form strategic alliances, and improve their production processes to better their line of products. The electrochromic glass market for energy-saving and intelligent products corresponds to the increasing importance of sustainable materials in the construction, automotive, and industrial industries. This has made it easier for them to remain dominant in the market through innovation and partnerships.

    In February 2023, Saint-Gobain and AGC Inc. launched a pilot flat glass line that aimed at cutting CO₂ emissions as a sign of how the industry is working to tackle production challenges through innovation. In the same way, other key actors are also using green innovation to meet consumer demands and compliance issues. These companies have positioned themselves as leaders in the electrochromic glass market by concentrating on the development of sustainable technologies that are scalable on a global level and integrating electrochromic glass into a myriad of applications.

    Here are some leading companies in the electrochromic glass electrochromic glass market:

    • AGC Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • 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

In the News

  • In October 2024, Mativ partnered with Miru to market a cutting-edge lamination interlayer for dynamic electrochromic windows. This collaboration advances the adoption of smart window technology in energy-efficient building designs, addressing growing architectural demands for functionality and aesthetics.
  • In October 2024, Gauzy Ltd. began mass production of its SPD Smart Glass technology for Ferrari’s SUV line. This partnership highlights the adoption of advanced light control technologies in luxury automotive applications, improving aesthetics, privacy, and energy efficiency.
  • In September 2024, XRAI and QONOQ partnered to combine XRAI’s award-winning app with the QONOQ MiRZA smart glasses. This integration exemplifies how advanced electrochromic and AR technologies are driving innovation in the consumer electronics and smart eyewear sectors.

Author Credits:  Rajrani Baghel


  • Report ID: 3538
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2024, the industry size of electrochromic glass was USD 2.4 billion.

The global electrochromic glass market size was USD 2.4 billion in 2024 and is expected to reach USD 8.4 billion by the end of 2037, expanding at a CAGR of 11.0% during the forecast period, i.e., 2025-2037. In 2025, the industry size of electrochromic glass will be valued at USD 2.6 billion.

Key players in the market are AGC Inc., Guardian Industries Holdings, LLC, ChromoGenics, Corning Incorporated, Gauzy Ltd., Gentex Corporation, Halio Inc., Merck KGaA (Merck Group), Nippon Sheet Glass Co. Ltd.

The active electrochromic glass segment is projected to dominate the electrochromic glass market during the forecast period.

North America is likely to offer lucrative prospects to the companies in the electrochromic glass market during the forecast period.
Electrochromic Glass Market Report Scope
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