Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Automotive Smart Window Market to Reach $12.3 billion, Globally, by 2032 at 22.50% CAGR: Allied Market Research

This image opens in the lightbox

News provided by

Allied Market Research

13 Dec, 2023, 15:20 GMT

Share this article

Share toX

Share this article

Share toX

The global Automotive Smart Window market is driven by factors such as surge in demand for electric & hybrid vehicles and high demand from passenger car segment.

WILMINGTON, Del., Dec. 13, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Automotive Smart Window Market by Technology (Electrochromic (EC), Polymer Dispersed Liquid Device (PDLC), and Suspended Particle Device (SPD)), Type (OLED Glass, Self-Dimming Window, and Others), Vehicle Type (Light Commercial Vehicles, Medium & Heavy Commercial Vehicles, and Passenger Cars): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global Automotive Smart Window industry generated $1.7 billion in 2022, and is anticipated to generate 12.3 billion by 2032, witnessing a CAGR of 22.50% from 2023 to 2032.

Download Research Report Sample & TOC:
https://www.alliedmarketresearch.com/request-sample/16083

(We are providing report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and COVID-19 Impact Analysis)

  • 123 – Tables
  • 66 – Charts
  • 251 – Pages

Prime Determinants of Growth

The automotive smart window market is expected to witness notable growth owing to surge in demand for electric and hybrid vehicles and high demand from passenger car segment. Moreover, lower prices of advanced materials and high demand from Asia-Pacific are expected to provide lucrative opportunities for the growth of the market during the forecast period. On the contrary, high product cost and capital investment for R&D limit the growth of the automotive smart window market.

Report Coverage & Details:

Report Coverage

Details

Forecast Period

2022–2032

Base Year

2022

Market Size in 2022

$1.7 billion

Market Size in 2032

$12.3 billion

CAGR

22.50 %

No. of Pages in Report

251

Segments covered

Technology, Type, Vehicle Type and Region.

Drivers

Surge in demand for electric and hybrid vehicles

High demand from passenger car segment

Opportunities

Lower prices of advance materials

High demand from Asia-Pacific

Restraints

High product cost and capital investment for R&D

COVID-19 Scenario

  • Manufacturing and distribution were delayed by lockdowns and supply chain interruptions, which extended project schedules.
  • Major players operating in the automotive smart windows are expected to make moderate R&D cuts, which are anticipated to allow them to sustain a rich and evolving product portfolio. In addition, companies are expected to fund new innovations, rather than setting the bare minimum budget needed to keep R&D running.
  • Key players in the automotive smart windows have shifted toward agile supply chain network model that has multiple pathways to prevent single points of failure. It can help them balance costs with better assurance for business continuity and sustainability.

The Suspended Particle Device (SPD) Segment to Maintain its Lead Position during the Forecast Period

By technology, the suspended particle device (SPD) segment holds the largest share in 2022, contributing to more than half of the global automotive smart window market revenue, and is projected to maintain its lead position. This is because this technology is being highly used in every sector that is using smart glass-based products. The electrochromic (EC) segment is projected to manifest the highest CAGR of 24.20% from 2023 to 2032. The stringent CO2 regulations in various countries are pushing hard the automobile manufacturers to manufacture light-weight vehicles with better energy performances, which are influencing electrochromic materials consumptions and are estimated to boost the overall growth of the automotive smart window market for electrochromic materials industry over the forecast period.

Inquiry before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/16083

The OLED Glass Segment to maintain its Lead Position during the Forecast Period

By type, the OLED glass segment holds the largest share in 2022, contributing to more than three-fifths of the global automotive smart window market revenue, and is expected to maintain its leadership throughout the forecast period. This is because OLED glass does not require any type of backlighting as compared to LCD. The self-dimming window segment is projected to manifest the highest CAGR of 24.58% from 2023 to 2032. Self-dimming windows protect the internal heating and cooling of the ambience, which saves energy and cuts down the operation costs. Therefore, high demand from automotive sector for self-dimming windows, which leads to the market growth.

The Passenger Cars Segment to Maintain its Lead Position during the Forecast Period

By vehicle type, the passenger cars segment holds the largest share in 2022, contributing to nearly three-fifths of the global automotive smart window market revenue, and is expected to maintain its leadership. The light commercial vehicles segment is projected to manifest the highest CAGR of 22.98% from 2023 to 2032. This is due to the development of the automotive industry, increase in industrial activities, and development of the e-commerce industry.

North America to Maintain its Dominance by 2032

By region, North America held the highest market share in terms of revenue in 2022, accounting for nearly one-third of the global automotive smart window market revenue and dominates the market and is projected to maintain its lead position throughout the forecast period. Growing sales of sports, utility, and luxury vehicles would add to the market growth of the automotive smart window industry. Leading players in the segment are already integrating smart windows into their mass-market models. Asia-Pacific is projected to manifest the highest CAGR of 24.16% from 2023 to 2032. This is due to the development of the automotive industry, increase in industrial activities, and development of the e-commerce industry. Rapid growth of industrialization, low operating cost, and increase in population are some key factors responsible for the market growth in Asia Pacific.

Leading Market Players: 

  • Pleotint LLC
  • PPG Industries
  • Hitachi, Ltd
  • Gentex Corporation
  • Ravenwindow
  • Saint Gobain
  • View, Inc.
  • Corning Incorporated
  • Research Frontiers Inc.
  • AGC Inc.

The report provides a detailed analysis of these key players in the global Automotive Smart Window market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits For Stakeholders:

  • As per the automotive smart window market outlook, this report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive smart window market analysis from 2022 to 2032 to identify the prevailing automotive smart window market opportunities.
  • The automotive smart window Market Forecast research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the automotive smart window market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global automotive smart window market trends, key players, market segments, application areas, and automotive smart window Market growth strategies.

Automotive Smart Window Key Segments:

By Technology

  • Electrochromic (EC)
  • Polymer Dispersed Liquid Device (PDLC)
  • Suspended Particle Device (SPD)

By Type

  • OLED Glass
  • Self-dimming Window
  • Others

By Vehicle Type

  • Light Commercial Vehicles
  • Medium and Heavy Commercial Vehicles
  • Passenger Cars

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA (Brazil, Saudi Arebia, United Arab Emirates, South Africa, Rest of LAMEA)

Procure Complete Report (251 Pages PDF with Insights, Charts, Tables, and Figures) @
https://bit.ly/3v4YS6j

Trending Reports in Semiconductor and Electronics Industry (Book Now with 10% Discount + COVID-19 Scenario):

Smart Glass Market was valued at $5.1 billion in 2020, and is projected to reach $19.6 billion by 2030, registering a CAGR of 15.0% from 2021 to 2030

Smart Windows Market size was valued at $3.91 billion in 2018, and is projected to reach $8.97 billion by 2026, registering a CAGR of 11.4% from 2019 to 2026

window sensors market size was valued at $7,430.0 million in 2017 and is projected to reach $15,392.3 million by 2025, registering a CAGR of 9.3% from 2018 to 2025

Automotive Display Market was valued at $7.2 billion in 2021, and is projected to reach $12.2 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031

Automotive Lidar Sensors Market was valued at $793.2 million in 2021, and is projected to reach $11.7 billion by 2031, growing at a CAGR of 31.7% from 2022 to 2031

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

Modal title

Also from this source

Citrus Aurantium Extract Market to Reach $4,339.2 Million by 2027 in short term and $5,671.7 million by 2034 Globally, at 3.8% CAGR: Allied Market Research

Citrus Aurantium Extract Market to Reach $4,339.2 Million by 2027 in short term and $5,671.7 million by 2034 Globally, at 3.8% CAGR: Allied Market Research

Allied Market Research published a report, titled, "Citrus Aurantium Extract Market - Global Opportunity Analysis and Industry Forecast, 2025-2034",...

Speech-To-Text API Market to Reach $5 Billion by 2024 in the Short Term and $21 Billion by 2034 Globally, at 15.2% CAGR: Allied Market Research

Speech-To-Text API Market to Reach $5 Billion by 2024 in the Short Term and $21 Billion by 2034 Globally, at 15.2% CAGR: Allied Market Research

Allied Market Research published a report titled, "Speech-to-text API Market - Global Opportunity Analysis and Industry Forecast, 2024-2034," valued...

More Releases From This Source

Explore

Automotive

Automotive

Computer & Electronics

Computer & Electronics

Electronic Design Automation

Electronic Design Automation

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.