NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global smart windows market size is estimated to grow by USD 3.80 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 12.74% during the forecast period. Rising construction of residential houses and buildings is driving market growth, with a trend towards growing number of strategic alliances and partnerships.
However, technological limitations with smart windows poses a challenge.Key market players include Ambilight Inc., Asahi India Glass Ltd.
, ClearVue Technologies Ltd., Compagnie de Saint Gobain, Crystal Pacific Window and Door Systems, Diamond Glass , Gauzy Ltd., Gentex Corp.
, Halio Inc., Innovative Glass Corp., Nodis, Polytronix Inc.
, PPG Industries Inc., RavenWindow, Smart Glass India, Smart Window, Smart Windows Colorado, SmartGlass International, Stellaris Corp., and View Inc.
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver Smart windows, also known as glass products with advanced light and heat control, are trending in the construction sector. These translucent and transparent windows adjust to ambient conditions, saving energy costs on heating, cooling, and lighting.
Motorized light screens, blinds, and curtains are popular alternatives to traditional window coverings. Energy-saving heating and lateral lighting are key benefits, reducing ai.