NanoMarkets report projects smart glass sales to the automotive sector to reach USD 3.2 billion by 2021

  Markets & trends

“Smart Glass Opportunities in the Automotive Industry – 2014” is the latest report from industry analyst firm NanoMarkets. The report covers the market for smart glass in the automotive sector, and which, says NanoMarkets should reach USD 2.1 billion by 2019, compared with USD 1.0 billion in 2014.

Nanomarkets
“Smart Glass Opportunities in the Automotive Industry – 2014” is the latest report from industry analyst firm NanoMarkets
Industry analyst firm NanoMarkets has published a new report, “Smart Glass Opportunities in the Automotive Industry – 2014” covering the market for smart glass in the automotive sector. In this report the NanoMarkets says it expects this market to reach USD 2.1 billion by 2019, compared with USD 1.0 billion in 2014.
Smart glass sales for cars, trucks and public transport are currently dominated by electrochromic mirrors; a relatively mature business. However, the report predicts new revenue opportunities emerging for smart auto glass from active self-dimming windows, self-cleaning glass and self-repairing glass and especially from glass embedded with electronic and photovoltaic capability. Electrochromic mirrors account for 90% of smart auto glass revenues today, but this percentage will have dropped to 67% by 2019.
Key factors promoting the use of smart automotive glass include enhanced energy efficiency, safety, comfort and style. These factors are not new to the auto industry but ongoing technology improvements allow smart glass firms to better create value with their products.
In the report, NanoMarkets analyzes opportunities available for the following categories of smart auto glass: self-tinting glass (electrochromic, photochromic, thermochromic and SPD), smart privacy glass, smart mirrors, self-cleaning glass, self-healing glass, device- embedded glass and retrofit window film. Addressable markets discussed include cars, trucks and various forms of public trans...


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