Smart Window Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 14.27 Billion
CAGR (2026-2031)	11.76%
Fastest Growing Segment	Commercial Building Owners
Largest Market	North America
Market Size (2031)	USD 27.81 Billion

Market Overview

The Global Smart Window Market will grow from USD 14.27 Billion in 2025 to USD 27.81 Billion by 2031 at a 11.76% CAGR. Smart windows are advanced glazing systems that dynamically alter their light transmission properties in response to external stimuli such as voltage, light, or heat. These innovative products significantly enhance building energy efficiency by automatically regulating solar heat gain and glare, thereby reducing the reliance on artificial lighting and air conditioning systems. The primary drivers supporting market growth include stringent government mandates for carbon footprint reduction and the increasing pursuit of green building certifications. According to Glass for Europe, in 2024, replacing all existing windows with high performance glazing would cut annual energy use by 29 percent by 2030.

However, the expansion of the Global Smart Window Market faces a substantial challenge due to high production and installation costs. The substantial initial investment required for these technologies often deters adoption in sectors with limited budgets, particularly within the residential retrofit market. This financial barrier, combined with the technical complexity of integrating smart systems into older infrastructure, continues to impede broader market penetration.

Key Market Drivers

Escalating demand for energy-efficient building infrastructures is a primary catalyst for the Global Smart Window Market. These advanced glazing systems dynamically adjust light transmission to minimize solar heat gain, significantly reducing the reliance on energy-intensive HVAC systems in commercial and residential structures. This capability is increasingly vital as governments enforce stricter sustainability codes and building owners seek to lower operational carbon footprints. According to Gauzy Ltd., June 2025, in the 'Gauzy Ltd. Celebrates One Year as Public Company' press release, their smart glass technologies were reported to enable energy savings of up to 30 percent in buildings, positioning them as a critical tool for achieving decarbonization targets.

Concurrently, the rising adoption of smart glass in premium and electric vehicles is accelerating market expansion. Automakers are integrating large-format switchable glazing into panoramic sunroofs and windows to enhance cabin comfort and extend the driving range of electric vehicles by lowering air conditioning loads. Validating this trend, according to Argotec, March 2025, in the 'Argotec and Miru Unveil Largest Electrochromic Sunroof Window' announcement, the company unveiled a prototype electrochromic sunroof measuring 1.5 meters by 1.6 meters, demonstrating the commercial viability of expansive dynamic surfaces for next-generation automobiles. This sectoral growth contributes to broader industry gains; according to Gentex Corporation, in 2025, the company reported that its net sales for the calendar year 2024 reached a record $2.31 billion, driven by the sustained penetration of dimmable device technologies.

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Key Market Challenges

High production and installation costs constitute a formidable barrier that significantly restricts the scalability of the Global Smart Window Market. The complex manufacturing processes required for electrochromic and other dynamic glazing technologies necessitate substantial capital expenditure, which translates into a premium price point for end-users. This pricing structure often renders smart window solutions economically unviable for cost-sensitive segments, particularly within the residential retrofit sector where budget constraints are decisive. Consequently, despite the potential for long-term energy savings, the magnitude of the upfront investment dissuades widespread adoption, keeping the technology confined to niche commercial projects rather than achieving mass-market penetration.

The impact of these elevated costs is evident in recent industrial output metrics, where manufacturing expenses have directly stifled sector activity. According to the Austrian Federal Economic Chamber, in 2025, the glass industry reported that overall production volumes decreased by 4 percent in 2024, a downturn largely driven by high energy prices that inflated manufacturing costs. This contraction illustrates how input cost volatility complicates the ability of manufacturers to achieve the economies of scale necessary to lower consumer prices, thereby sustaining the cycle of high costs and limited market growth.

Key Market Trends

Manufacturers are aggressively commercializing transparent photovoltaic (TPV) energy harvesting technologies, effectively transforming passive building envelopes into active power generators. This trend addresses the dual need for on-site renewable energy generation and aesthetic neutrality in modern architecture, moving beyond simple insulation to actual electricity production. Validating this commercial momentum, according to ClearVue Technologies Limited, July 2025, in the 'Quarterly Activities Report and Appendix 4C', the company reported that its revenues from ordinary activities increased by 553 percent for the fiscal year ending June 2025, a surge attributed to the accelerating market uptake of its solar glazing products. This rapid financial growth demonstrates the increasing viability of solar glass as a standard building component.

Simultaneously, the market is witnessing a proliferation of retrofit switchable smart films and inserts, driven by the need to upgrade existing infrastructure without the prohibitive costs of full window replacement. These solutions, particularly smart window inserts, allow older buildings to achieve dynamic light control and energy efficiency with minimal structural disruption. This segment is expanding rapidly; according to Crown Electrokinetics Corp., January 2025, in the 'Crown Electrokinetics Reports $25M Cash Position, Projects $35M Revenue for 2025 Smart Window Rollout' announcement, the company projected its full-year 2025 revenue to range between $30 million and $35 million, signaling robust adoption of its retrofit technologies. Such strong financial guidance highlights the critical role of retrofit solutions in broadening the addressable market for smart glazing.

Segmental Insights

The commercial building owners segment represents the fastest-growing category in the global smart window market, driven principally by the imperative to reduce energy consumption and operational costs. Corporate entities are increasingly investing in dynamic glass technologies to minimize reliance on artificial lighting and heating, ventilation, and air conditioning systems. This adoption is strongly encouraged by green building frameworks, such as the Leadership in Energy and Environmental Design certification from the U.S. Green Building Council. Consequently, property managers utilize these solutions to ensure compliance with strict environmental mandates while optimizing internal thermal conditions.

Regional Insights

North America commands the leading position in the Global Smart Window Market, driven by strict energy efficiency mandates and the widespread adoption of sustainable building practices. The region’s dominance is supported by favorable government policies, such as investment tax credits that encourage the deployment of dynamic glazing in commercial and residential infrastructure. Additionally, the robust integration of smart glass technologies within the automotive sector, particularly for electric vehicle manufacturing, accelerates market expansion. Continued initiatives by the U.S. Department of Energy to lower carbon emissions further validate the region's strong market trajectory and technological leadership.

Recent Developments

In November 2025, ClearVue Technologies Limited entered into a strategic three-year license partner agreement with Kukyoung Glass and Metal Co., Ltd., a prominent South Korean architectural glass manufacturer. Under this collaboration, the partner was appointed as an official fabricator authorized to manufacture and distribute ClearVue’s proprietary solar façade technologies. The partnership focused on integrating transparent solar photovoltaic glass into premium commercial and institutional building projects across South Korea. This collaboration was intended to leverage the manufacturer's extensive local network to drive the adoption of energy-generating building envelopes and support the region's net-zero construction goals.
In August 2024, Miru Smart Technologies secured US$20 million in Series A financing to accelerate the global commercialization of its next-generation electrochromic window solutions. The investment round was co-led by BDC Capital and TNG Capital Corp, with additional support from other strategic investors. The company announced it would utilize the funds to construct new pilot production lines in North America and Europe, facilitating the delivery of its tintable "eWindows" for both architectural and automotive applications. The technology aimed to significantly reduce building energy consumption and extend the driving range of electric vehicles by managing heat gain.
In January 2024, Zeiss unveiled its Multifunctional Smart Glass technology at the Consumer Electronics Show (CES), marking a significant advancement in the smart window market. The company demonstrated a transparent camera, referred to as a "holocam," and holographic projection capabilities embedded directly into the glass layer. This breakthrough allowed for the creation of floating switches and augmented reality displays on transparent surfaces, such as vehicle windows and building facades. The technology promised to combine projection, detection, illumination, and filtering functions, enabling new design possibilities for smart homes and automotive interiors without compromising transparency or requiring bulky external sensors.
In January 2024, Gauzy Ltd. collaborated with the automotive Tier 1 supplier BOS to showcase innovative light control and vision systems for the transportation sector. During the exhibition, the companies presented a new smart sun visor and a segmented sunroof that utilized advanced liquid crystal and suspended particle device technologies. These fully integrated solutions were designed to enhance passenger comfort by dynamically blocking sunlight glare and managing cabin temperature. The partnership highlighted the growing trend of embedding smart glass features directly into automotive components to improve safety and energy efficiency in next-generation vehicles.

Key Market Players

Saint-Gobain S.A.
AGC Inc.
Gentex Corporation
Corning Incorporated
View, Inc.
Gauzy Ltd.
Halio International
Polytron Technologies Inc.
Smart Tint Inc.
SAGE Electrochromics, Inc.

By Technology Type	By Glass Type	By End-User Industry	By Region
Electrochromic Windows Thermochromic Windows Suspended Particle Device (SPD) Windows Polymer Dispersed Liquid Crystal (PDLC) Windows	Insulated Glass Units (IGUs) Laminated Glass Single Glazed Glass	Homeowners Commercial Building Owners Automotive Manufacturers Aerospace and Defense Industry Healthcare Facilities Transportation Companies Energy Companies	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Smart Window Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Smart Window Market, By Technology Type:

Electrochromic Windows
Thermochromic Windows
Suspended Particle Device (SPD) Windows
Polymer Dispersed Liquid Crystal (PDLC) Windows

Smart Window Market, By Glass Type:

Insulated Glass Units (IGUs)
Laminated Glass
Single Glazed Glass

Smart Window Market, By End-User Industry:

Homeowners
Commercial Building Owners
Automotive Manufacturers
Aerospace and Defense Industry
Healthcare Facilities
Transportation Companies
Energy Companies

Smart Window Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Smart Window Market.

Available Customizations:

Global Smart Window Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Smart Window Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Smart Window Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Technology Type (Electrochromic Windows, Thermochromic Windows, Suspended Particle Device (SPD) Windows, Polymer Dispersed Liquid Crystal (PDLC) Windows)

5.2.2. By Glass Type (Insulated Glass Units (IGUs), Laminated Glass, Single Glazed Glass)

5.2.3. By End-User Industry (Homeowners, Commercial Building Owners, Automotive Manufacturers, Aerospace and Defense Industry, Healthcare Facilities, Transportation Companies, Energy Companies)

5.2.4. By Region

5.2.5. By Company (2025)

5.3. Market Map

6. North America Smart Window Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Technology Type

6.2.2. By Glass Type

6.2.3. By End-User Industry

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Smart Window Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Technology Type

6.3.1.2.2. By Glass Type

6.3.1.2.3. By End-User Industry

6.3.2. Canada Smart Window Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Technology Type

6.3.2.2.2. By Glass Type

6.3.2.2.3. By End-User Industry

6.3.3. Mexico Smart Window Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Technology Type

6.3.3.2.2. By Glass Type

6.3.3.2.3. By End-User Industry

7. Europe Smart Window Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Technology Type

7.2.2. By Glass Type

7.2.3. By End-User Industry

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Smart Window Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Technology Type

7.3.1.2.2. By Glass Type

7.3.1.2.3. By End-User Industry

7.3.2. France Smart Window Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Technology Type

7.3.2.2.2. By Glass Type

7.3.2.2.3. By End-User Industry

7.3.3. United Kingdom Smart Window Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Technology Type

7.3.3.2.2. By Glass Type

7.3.3.2.3. By End-User Industry

7.3.4. Italy Smart Window Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Technology Type

7.3.4.2.2. By Glass Type

7.3.4.2.3. By End-User Industry

7.3.5. Spain Smart Window Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Technology Type

7.3.5.2.2. By Glass Type

7.3.5.2.3. By End-User Industry

8. Asia Pacific Smart Window Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Technology Type

8.2.2. By Glass Type

8.2.3. By End-User Industry

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Smart Window Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Technology Type

8.3.1.2.2. By Glass Type

8.3.1.2.3. By End-User Industry

8.3.2. India Smart Window Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Technology Type

8.3.2.2.2. By Glass Type

8.3.2.2.3. By End-User Industry

8.3.3. Japan Smart Window Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Technology Type

8.3.3.2.2. By Glass Type

8.3.3.2.3. By End-User Industry

8.3.4. South Korea Smart Window Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Technology Type

8.3.4.2.2. By Glass Type

8.3.4.2.3. By End-User Industry

8.3.5. Australia Smart Window Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Technology Type

8.3.5.2.2. By Glass Type

8.3.5.2.3. By End-User Industry

9. Middle East & Africa Smart Window Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Technology Type

9.2.2. By Glass Type

9.2.3. By End-User Industry

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Smart Window Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Technology Type

9.3.1.2.2. By Glass Type

9.3.1.2.3. By End-User Industry

9.3.2. UAE Smart Window Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Technology Type

9.3.2.2.2. By Glass Type

9.3.2.2.3. By End-User Industry

9.3.3. South Africa Smart Window Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Technology Type

9.3.3.2.2. By Glass Type

9.3.3.2.3. By End-User Industry

10. South America Smart Window Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Technology Type

10.2.2. By Glass Type

10.2.3. By End-User Industry

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Smart Window Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Technology Type

10.3.1.2.2. By Glass Type

10.3.1.2.3. By End-User Industry

10.3.2. Colombia Smart Window Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Technology Type

10.3.2.2.2. By Glass Type

10.3.2.2.3. By End-User Industry

10.3.3. Argentina Smart Window Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Technology Type

10.3.3.2.2. By Glass Type

10.3.3.2.3. By End-User Industry

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Smart Window Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Saint-Gobain S.A.

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. AGC Inc.

15.3. Gentex Corporation

15.4. Corning Incorporated

15.5. View, Inc.

15.6. Gauzy Ltd.

15.7. Halio International

15.8. Polytron Technologies Inc.

15.9. Smart Tint Inc.

15.10. SAGE Electrochromics, Inc.

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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