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Smart glass is a kind of dynamic material, which makes the traditional static material vivid and multifunctional. The technology can control various forms of light, including visible light, UV and IR. Privacy glass products are based on technology that enables transparent materials (such as glass or polycarbonate) to switch from transparent to shaded or completely opaque as needed.
The main function of Automotive smart glass is to automatically or manually adjust the transparency according to the ambient brightness and the needs of the driver, so as to achieve the functions of adjusting the brightness and heat insulation in the Automotive.
LPI (LP Information)' newest research report, the "Automotive Smart Glass Industry Forecast" looks at past sales and reviews total world Automotive Smart Glass sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Smart Glass sales for 2023 through 2029. With Automotive Smart Glass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Smart Glass industry.
This Insight Report provides a comprehensive analysis of the global Automotive Smart Glass landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Smart Glass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Smart Glass market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Smart Glass and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Smart Glass.
The global Automotive Smart Glass market size is projected to grow from US$ 32 million in 2022 to US$ 48 million in 2029; it is expected to grow at a CAGR of 48 from 2023 to 2029.
The global top four automotive smart glass manufacturers include Gentex, Smartglass International Limited, Vision Systems, View, Inc., accounting for more than 40% of the market share, of which the largest manufacturer is Gentex, with a market share of more than 12%. Europe is the global most important consumer market for automotive smart glass, with a market share of more than 50%. In terms of type, the market share of suspended particle device (SPD) is more than 40%. In the field of application, the market share of passenger vehicles has reached more than 95%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Smart Glass market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Suspended Particle Device (SPD)
- Electrochromic Glass
- Polymer Dispersed Liquid Crystal (PDLC)
Segmentation by application
- Passenger Vehicles
- Commercial Vehicles
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Gentex
- Smartglass International Limited
- Vision Systems
- View
- Gauzy
- Saint Gobain
- Polytronix
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Smart Glass market?
What factors are driving Automotive Smart Glass market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Smart Glass market opportunities vary by end market size?
How does Automotive Smart Glass break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?