The smart glass market is expected to showcase lucrative growth by 2027 owing to the increasing product demand in various applications, such as electronic and automotive.

Smart glasses refer to glasses imbedded with advanced technologies that alter the amount of light that penetrates through transparent materials and allows the materials to appear translucent, transparent, or opaque.

These glasses can also be engineered to alter the amount of heat energy that permeates through the material. This offers flexibility in heating and cooling designs and potential application for energy savings, which is expected to improve product appeal in different sectors.

In May 2021, retail giant Walmart signed an agreement with glass manufacturer View, Inc. to install View’s smart glasses in its new home office premise located in Bentonville, Arkansas.

View’s smart windows leverage artificial intelligence (AI) to automatically adjust according to sunlight, lower heat, and glare to offer better access to natural light and view of the outdoors, and reduce energy consumption and GHG emissions.

In another instance, in May 2021, Clark Pacific, a leading prefabricated systems provider, entered into a partnership with glass tech company Halio to integrate Halio Smart Glass in its offerings.

Under the agreement, Halio Smart Glass will be included as an option in Infinite Fa??ade prefabricated building envelope system offered by Clark Pacific.

Halio’s glasses bring together the most advanced electrochromic technologies with robust, secure, and easy-to-integrate cloud-based systems. This technology allows the glass to tint both on command and autonomously.

Thus, increasing demand for smart glass across diverse end-use verticals is expected to boost market adoption significantly through the forecast period.

For extensive analysis, the smart glass market has been categorized based on application, technology, and region.

In terms of technology, the market is further bifurcated into active glass (polymer dispersed liquid crystal (PDLC), suspended particle device (SPD), electrochromic, and other active smart glasses) and passive glass (Photochromic, Thermochromic, and other passive smart glasses).

The active smart glass technology segment is expected to grow at a considerable pace to generate around USD 5.33 billion revenue by 2027. Positive outlook of transportation industry, along with integration of these glasses in sunroofs of luxury cars, is projected to fuel segmental growth in the following years.

Based on application, the smart glass market has been divided into construction & architecture, electronics, transportation, and others.

The construction & architecture sub-segment is estimated to witness substantial growth at a CAGR of around 10% over the forecast period. The proliferating construction sector across the globe, along with growing usage of switchable glass in green buildings, is anticipated to drive segmental growth by 2027.

From the region perspective, the Latin America smart glass market is expected to be valued at USD 208 million by 2027. Growth of the automotive, aerospace, and building & architecture sectors in the region is projected to contribute to the profitable market outlook over the forecast period.