Press Release

United States Smart Window Market to Grow at a CAGR of 10.0% During 2024-2032, Aided by the Increasing Demand for Dynamic Glass Windows

United States Smart Window Market

According to a new report by EMR titled, ‘The United States Smart Window Market Report and Forecast 2024-2032’, the market attained a value of nearly USD 1.99 billion in 2023. The market is estimated to grow at a CAGR of 10.0% between 2024 and 2032 to reach around USD 4.77 billion by 2032.

The rising demand for dynamic glass windows that can regulate glare and light during both summer and winter is aiding the United States smart window market expansion. Smart windows, variously known as dynamic or switchable windows, are made from advanced materials like liquid crystal, electrochromic, and suspended particle glass that can change their reflective properties on the basis of external factors. Such windows can be controlled via smartphone, remote, or switch and regulate light and heat to ensure energy efficiency. They are extensively used in commercial and residential buildings and vehicles and provide benefits like optimal lighting conditions and energy conservation.

 

Figure: Construction Spending in the United States (USD Million)

United States Smart Window Market

 

The growing demand for dynamic glass windows that can lower light and glare during summers and maximise light during winters to improve user comfort is aiding the market. These windows can also boost energy efficiency while offering optimal lighting conditions, which makes them increasingly popular in both residential and commercial applications.

 

With the increasing adoption of green construction practices amid the rising trend of sustainability, the usage of photochromic smart windows that can regulate solar-induced heat entering buildings and lower the need for air conditioners is surging.

 

The United States market for smart window is also being driven by the increasing integration of IoT-enabled smart windows in both residential and commercial buildings. Smart windows facilitate remote control and meet the growing demand for smart building solutions. Additionally, players in the market such as Compagnie de Saint-Gobain (OTCMKTS: CODYY), among others, are expanding their reach by offering smart tinting glass technologies for infrastructure projects, further fueling the market expansion.

 

Read more about this report REQUEST FREE SAMPLE COPY IN PDF

 

Market Breakup by Type, Technology, Application, and Region:

  • The market is segmented based on type into OLED glass, self repairing window, and self-dimming window.
  • On the basis of technology, the market can be categorised into electro chromic, suspended particle devices light modulator, and polymer dispersed liquid crystal devices scanner.
  • Based on application, the market can be divided into residential, industrial, commercial, and transport.
  • By region, the market is categorised into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

 

Key Findings of the Report:

  • The United States smart window market outlook is optimistic due to robust growth of the construction sector and heightened environmental awareness among consumers, driving demand for smart window solutions.
  • Smart windows find rising application in both commercial and residential buildings, effectively managing solar power utilisation by minimising heat gain in summer months and maximising it during winter, contributing to energy efficiency year-round.
  • In the automotive industry, there is widespread adoption of smart windows for reducing glare, managing interior heat, and minimising exposure to harmful UV rays, enhancing driver and passenger comfort and safety.
  • Motorised roller shades offer a sleek, unobtrusive operation suitable for various settings like offices, living rooms, and kitchens. In March 2022, U.S. Census Bureau data indicated an approximate 8,000-unit increase in building permits for new residential construction compared to the previous month, suggesting potential growth in the market.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the United States smart window market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the types, technologies, applications, and regions of smart window in the United States.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the United States smart window market are RavenWindow, Gentex Corporation, e-Chromic Technologies, Inc., Innovative Glass Corp., Compagnie de Saint-Gobain, Scienstry, Inc., View, Inc., Smart Glass Technologies, LLC, and Gauzy Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • Application
  • Region
Breakup by Type
  • OLED Glass
  • Self Repairing Window
  • Self-Dimming Window
Breakup by Technology
  • Electro Chromic
  • Suspended Particle Devices Light Modulator
  • Polymer Dispersed Liquid Crystal Devices Scanner
Breakup by Application
  • Residential
  • Industrial
  • Commercial
  • Transport
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • RavenWindow
  • Gentex Corporation
  • e-Chromic Technologies, Inc
  • Innovative Glass Corp.
  • Compagnie de Saint-Gobain
  • Scienstry, Inc.
  • View, Inc.
  • Smart Glass Technologies, LLC
  • Gauzy Ltd.
  • Others

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER