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Report Overview
The global smart window market is expected to grow at a CAGR of more than 16.80% in the forecast period of 2025 and 2034.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- According to Green Business Certification Inc., GBCI, in 2023, Mainland China is expected to dominate the world in LEED—Leadership in Energy and Environmental Design—with a whopping 1,563 projects, totaling more than 264 million square feet.
- This no doubt reflects the fact that China has been very aggressive in pushing for sustainable development and green building practices.
- The second country is Canada with 280 LEED-certified projects totaling about 85 million square feet, propelling the growth of smart window market.
Smart Window Market Regional Analysis
Advanced Technological Demand In North America To Propel The Demand
The demand for smart windows in North America is likely to grow during the forecast period due to a well-developed technological infrastructure and a keen focus on energy efficiency and sustainability. Huge investments are being witnessed in smart building technologies and green construction practices in the United States and Canada, thus propelling the adoption of smart windows. Apart from that, an increasing interest among North American consumers and businesses for innovative solutions in enhancing comfort and reducing energy consumption expenditure exists. Additional factors that fuel the smart window industry in North America are government incentives and regulations relating to energy-efficient technologies.
| CAGR 2024-2032 - Market by | Country |
| China | 21.2% |
| India | 20.6% |
| USA | 17.4% |
| Japan | 17.1% |
| Australia | 16.1% |
| Canada | XX% |
| UK | XX% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Nigeria | XX% |
Smart Window Market Report Snapshots
Smart Window Market Regional Analysis
*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.*
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Key Questions Answered in the Report
The smart window market is expected to grow at a CAGR of 16.80% between 2025 and 2034.
The major drivers of the market are rising disposable incomes, convenience of smart windows, and growing research and development activities.
The rising inclusion of smart windows with the Internet of Things (IoT) and introduction of smart windows with the ability to save energy and act as PV cells are major trends of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest market share.
The various technologies in the market are suspended particle devices, light modulator, polymer dispersed liquid crystal devices scanner, and electro chromic.
The leading types of smart windows in the market are self-dimming windows, OLED glass, and self-repairing.
The various applications of smart windows in the market are residential, commercial, industrial, and transport.
The key players in the global smart window market are Heliotrope Technologies, Gentex Corporation, Saint-Gobain, Smart Windows Colorado, Pleotint LLC., and ChromoGenics, among others.
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