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.
