smart windows market size, smart windows market analysis, smart windows market trends, smart windows market growth, smart windows market research, smart windows market forecast
What is the current size and annual growth rate of the smart windows market?
The smart windows market size has grown rapidly in recent years. It will grow from $5.83 billion in 2024 to $6.5 billion in 2025 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to Rising regulatory initiatives promoting energy efficiency in buildings, growing awareness of environmental sustainability, rising energy costs, increase in focus on enhancing occupant comfort and satisfaction in residential, commercial, and institutional buildings, rise in urbanization and infrastructure development.
The smart windows market size is expected to see rapid growth in the next few years. It will grow to $9.97 billion in 2029 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to Increasing demand for smart homes and smart buildings equipped with connected devices and automation systems, growing focus on health and well-being in building design, rise in government incentives and regulations promoting energy efficiency and sustainability in buildings, the rise of smart cities and sustainable urban development initiatives, increasing awareness of indoor air quality (IAQ). Major trends in the forecast period include advancements in the Internet of Things (IoT) and building automation technologies, the integration of artificial intelligence (AI) technologies for predictive and adaptive control, the integration of smart windows with broader smart home ecosystems, and the and the development of enhanced user interfaces and control options.
Get Your Free Sample of The Global Smart Windows Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15473&type=smp
Which major factors have contributed to the expansion of the smart windows market?
A rise in demand for smart home solutions is expected to propel the growth of the smart window market going forward. Smart home solutions refer to a range of technologies and systems that integrate various devices and appliances within a home to enhance convenience, comfort, security, energy efficiency, and automation. The demand for smart home solutions is rising due to consumers’ desire for convenience, energy efficiency, and enhanced security. Smart windows strengthen the functionality of smart homes by regulating natural light and privacy levels, optimizing energy usage, and improving overall comfort and convenience for residents. For instance, in November 2022, according to a report published by techUK, a UK-based membership association for the tech industry, 77% of UK adults will own at least one connected home device, up from 67% pre-pandemic, marking a 1% increase since 2021. Moreover, the proportion of ‘advanced adopters,’ owning over three connected home devices, has risen to 26% in 2022 from 24% in 2021. Therefore, a rise in demand for smart home solutions drives the smart window market.
How is the smart windows market segmented?
The smart windows market covered in this report is segmented –
1) By Type: Organic Light-Emitting Diode (OLED) Glass, Self-Dimming Window, Self-Repairing Windows
2) By Technology: Suspended Particle Devices Light Modulator, Polymer Dispersed Liquid Crystal Devices Scanner, Electrochromic
3) By Application: Residential, Industrial, Commercial, Transport & Logistics
Subsegments:
1) By Organic Light-Emitting Diode (OLED) Glass: Transparent OLED Displays, OLED-Based Privacy Glass, OLED-Based Light-Controlled Windows
2) By Self-Dimming Window: Electrochromic Windows, Photochromic Windows, Thermochromic Windows
3) By Self-Repairing Windows: Self-Healing Coatings, Nano-Coating Technologies, Polymer-Based Self-Repairing Windows
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/smart-windows-global-market-report
Who are the top competitors in the smart windows market?
Major companies operating in the smart windows market are Saint-Gobain S.A., AGC Inc., Gentex Corporation, Pilkington Group Limited, Hitachi Chemical Co. Ltd., View Inc., Gauzy Ltd., Halio International, SAGE Electrochromics, Kinestral Technologies Inc., Polytron Technologies Inc., Smartglass International Ltd., Heliotrope Technologies Inc., ChromoGenics AB, GlasNovations Ltd., Innovative Glass Corporation, Raven Windows Inc., Smart Windows Colorado, SPD Control Systems Corporation, Stellaris Corporation, Scienstry Inc., Smart Tint Inc., Citala Ltd., Pleotint LLC, Research Frontiers Inc.
Which key trends are expected to influence the smart windows market in the coming years?
Major companies operating in the smart window market focus on developing automation and connected technology upgrades such as voice and app-activated windows, to enhance user convenience, energy efficiency, and comfort in residential and commercial buildings. Voice and app-activated windows allow users to control window operation using voice commands or mobile applications, providing convenience, flexibility and enhanced accessibility. For instance, in February 2024, Marvin, a US-based custom-made windows and doors manufacturer, launched the new Smart Window and Door Line. This product line integrates automation and smart technology into windows, skylights, and doors. These smart products aim to enhance indoor living experiences by offering automated features such as voice commands for opening windows and doors, sensors for rain detection and obstruction avoidance, and pre-programmable settings for climate control.
Which regional trends are influencing the smart windows market, and which area dominates the industry?
North America was the largest region in the smart windows market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the smart windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Smart Windows Market Report 2025 Offer?
The smart windows market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Smart windows are technologically advanced windows that allow for automatic tinting or adjustment of light transmission properties in response to environmental conditions or user preferences. These windows contribute to sustainable building practices and improve occupant comfort and productivity by optimizing energy usage.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15473
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
