Smart glass market to reach $8.13 billion by 2022

Global SourcesUpdated on 2023/12/01

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The rise of “green” construction and automobiles boosts global demand.

Smart glass. Image Source: glassappsource.com

The smart glass market is expected to post a 19.2 percent CAGR from 2016 to 2022, according to Research and Markets. Market value at the end of the said period will be $8.13 billion.

Growth is due to the increasing adoption of smart glass in architecture and vehicles. Initiatives for “green” construction and energy-efficiency requirements in smart cities are seen to push global demand up. The leading markets in terms of region are Europe and North America.

Manufacturers worldwide are responding to the rise in demand by continuously releasing innovative versions. There are already models incorporating PLDC film with responsive liquid crystals, and smart glasses in windows that can be controlled by apps.

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