Who are the key players in Automotive Smart Glass Market?

AGC Inc., Saint-Gobain S.A, Gentex Corporation, Nippon Sheet Glass Co. Ltd. and Corning Incorporated are the major companies operating in the Automotive Smart Glass Market. Read More

Which is the fastest growing region in Automotive Smart Glass Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Smart Glass Market?

In 2024, the North America accounts for the largest market share in Automotive Smart Glass Market. Read More

What years does this Automotive Smart Glass Market cover, and what was the market size in 2023?

In 2023, the Automotive Smart Glass Market size was estimated at USD 2.14 billion. The report covers the Automotive Smart Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Smart Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Smart Glass Market Size

Market Size of Automotive Smart Glass Industry

Study Period	2019 - 2029
Market Size (2024)	USD 2.75 Billion
Market Size (2029)	USD 7.42 Billion
CAGR (2024 - 2029)	22.03 %
Fastest Growing Market	Europe
Largest Market	North America
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Automotive Smart Glass Market Analysis

The Automotive Smart Glass Market size is estimated at USD 2.75 billion in 2024, and is expected to reach USD 7.42 billion by 2029, growing at a CAGR of 22.03% during the forecast period (2024-2029).

The COVID-19 pandemic had a negative impact on the market as vehicle production declined, and the shutdown of manufacturing units resulted in a slowdown in the market. However, as restrictions were relieved and automobile production started gaining traction, the market was anticipated to have positive growth during the forecast period.
Innovations in automotive smart glass and rising applications of smart glass in premium and luxury vehicles are expected to drive demand in the market. Further, the growing participation of key automotive players like Tesla, Tata, Mercedes, BMW, etc., in the market through active launches and collaborations with automotive smart glass manufacturers is anticipated to further support the growth of the market during the forecast period.
Expansion of the automotive industry across the globe, along with increasing sales of sports utility vehicles (SUVs) and premium cars, is expected to drive sales of automotive smart glass. Mercedes-Benz uses smart glass technology for the "Magic Sky Control" roof on some of its vehicles, and McLaren offers it as an option in the McLaren 720S. Some car brands, including Jaguar and Land Rover, have recently released new car models with heated front windshields. A heated front windshield is ideal for Pennsylvania winters because it's able to defog and defrost faster than standard types.
Regions like Asia-Pacific and Europe are forecasted to be the fastest-growing automotive smart glass market. In Asia-Pacific, China is expected to continue to be the driver of the market, with Japan being the hub of technology in the automotive sector.

Automotive Smart Glass Industry Segmentation

Automotive smart glass uses a switchable film made from SPD, which is a tinted material for providing shade. In addition, the film blocks 99% of light while maintaining the transparency needed for the driver to safely operate the vehicle.

The automotive smart glass market has been segmented by technology, application, vehicle type, and geography. By technology, the market is segmented by electrochromic, polymer dispersed liquid device (PDLC), and suspended particle device (SPD). By application, the market is segmented by rear and side windows, sunroof glass, and front and rear windshields. By vehicle type, the market is segmented into passenger cars and commercial vehicles. By geography, the market is segmented by North America, Europe, Asia-Pacific, and Rest of the World.

The report covers the market size and forecast in Value (USD) for all the above-mentioned segments.

By Technology Type
		Electrochromic
		Polymer Dispersed Liquid Device (PDLC)
		Suspended Particle Device (SPD)

By Application Type
		Rear and Side Windows
		Sunroof Glass
		Front and Rear Windshield

By Vehicle Type
		Passenger Cars
		Commercial Vehicles

By Geography

North America
	United States
	Canada
	Rest of North America

Europe
	Germany
	United Kingdom
	France
	Rest of Europe

Asia-Pacific
	China
	Japan
	India
	South Korea
	Rest of Asia-Pacific

Rest of the World
	Brazil
	South Africa
	Other Countries

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Automotive Smart Glass Market Size Summary

The automotive smart glass market is poised for significant growth, driven by innovations and increasing applications in premium and luxury vehicles. The market, which experienced a downturn due to the COVID-19 pandemic and subsequent supply chain disruptions, is expected to recover and expand as vehicle production ramps up. Key automotive players such as Tesla, Tata, Mercedes, and BMW are actively participating in the market through launches and collaborations with smart glass manufacturers, further propelling market growth. The expansion of the automotive industry globally, coupled with rising sales of SUVs and premium cars, is anticipated to boost the demand for automotive smart glass. Regions like Asia-Pacific and Europe are expected to be the fastest-growing markets, with China and Japan leading in technological advancements.

The market is moderately consolidated, with major players like Saint Gobain, AGC Inc., and Nippon Sheet Glass Co. Ltd. holding significant shares. These companies are focusing on innovative technologies and strategic partnerships to capture the growing demand. The introduction of advanced features such as SPD-smart sunroofs and dynamic light-management systems is enhancing the driving experience and contributing to market expansion. Despite challenges like high costs and limited consumer awareness, the increasing demand for luxury cars and advanced convenience features is driving market growth. Collaborations, such as those between Microsoft and Volkswagen, highlight the integration of augmented reality in vehicles, showcasing the potential for smart glass technology in future mobility solutions.

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Automotive Smart Glass Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Drivers
  1. 1.1.1 Growing Demand for ADAS in Automobiles
2. 1.2 Market Restraints
  1. 1.2.1 High Cost
3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis
  1. 1.3.1 Threat of New Entrants
  2. 1.3.2 Bargaining Power of Buyers/Consumers
  3. 1.3.3 Bargaining Power of Suppliers
  4. 1.3.4 Threat of Substitute Products
  5. 1.3.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION (Market Size in Value USD Million)
1. 2.1 By Technology Type
  1. 2.1.1 Electrochromic
  2. 2.1.2 Polymer Dispersed Liquid Device (PDLC)
  3. 2.1.3 Suspended Particle Device (SPD)
2. 2.2 By Application Type
  1. 2.2.1 Rear and Side Windows
  2. 2.2.2 Sunroof Glass
  3. 2.2.3 Front and Rear Windshield
3. 2.3 By Vehicle Type
  1. 2.3.1 Passenger Cars
  2. 2.3.2 Commercial Vehicles
4. 2.4 By Geography
  1. 2.4.1 North America
    1. 2.4.1.1 United States
    2. 2.4.1.2 Canada
    3. 2.4.1.3 Rest of North America
  2. 2.4.2 Europe
    1. 2.4.2.1 Germany
    2. 2.4.2.2 United Kingdom
    3. 2.4.2.3 France
    4. 2.4.2.4 Rest of Europe
  3. 2.4.3 Asia-Pacific
    1. 2.4.3.1 China
    2. 2.4.3.2 Japan
    3. 2.4.3.3 India
    4. 2.4.3.4 South Korea
    5. 2.4.3.5 Rest of Asia-Pacific
  4. 2.4.4 Rest of the World
    1. 2.4.4.1 Brazil
    2. 2.4.4.2 South Africa
    3. 2.4.4.3 Other Countries