Australia Smart Glass Market Size & Outlook, 2023-2030

The smart glass market in Australia is expected to reach a projected revenue of US$ 181.6 million by 2030. A compound annual growth rate of 10.3% is expected of Australia smart glass market from 2024 to 2030.
Revenue, 2023 (US$M)
$91.2
Forecast, 2030 (US$M)
$181.6
CAGR, 2024 - 2030
10.3%
Report Coverage
Australia

Australia smart glass market highlights

  • The Australia smart glass market generated a revenue of USD 91.2 million in 2023 and is expected to reach USD 181.6 million by 2030.
  • The Australia market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
  • In terms of segment, electrochromics was the largest revenue generating technology in 2023.
  • SPD is the most lucrative technology segment registering the fastest growth during the forecast period.


Smart glass market data book summary

Market revenue in 2023USD 91.2 million
Market revenue in 2030USD 181.6 million
Growth rate10.3% (CAGR from 2023 to 2030)
Largest segmentElectrochromics
Fastest growing segmentSPD
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElectrochromics, Liquid Crystal, SPD, Thermochromics, Photochromic
Key market players worldwideAGC Inc, Corning Inc, Gauzy Ltd, Gentex Corp, Guardian Capital Group Ltd, Merck KGaA, Nippon Sheet Glass Co Ltd, PPG Industries Inc, Compagnie de Saint-Gobain SA, Research Frontiers Inc, ViewBix Inc, SMART Global Holdings Inc


Other key industry trends

  • In terms of revenue, Australia accounted for 1.4% of the global smart glass market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China smart glass market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 250.0 million by 2030.

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Smart Glass Market Companies

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Australia smart glass market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart glass market will help companies and investors design strategic landscapes.


Electrochromics was the largest segment with a revenue share of 60.09% in 2023. Horizon Databook has segmented the Australia smart glass market based on electrochromics, liquid crystal, spd, thermochromics, photochromic covering the revenue growth of each sub-segment from 2018 to 2030.


Australia smart glasses market accounted for a share of 6.6% in terms of revenue and 6.2% in terms of volume in 2022. The market is estimated to witness exceptional growth over the coming years with increased adoption of smart gadgets and wearable technologies among people.

Moreover, growing health consciousness among people and rising demand for smart fitness tracking solutions among sports personnel is contributing to the market growth. In addition, increasing focus of regional industries toward digital transformation and adoption of high-end technologies such as artificial intelligence, virtual reality, augmented reality, etc., will favor the market growth further over the coming years.

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Target buyers of Australia smart glass market databook

  • Our clientele includes a mix of smart glass market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia smart glass market , including forecasts for subscribers. This country databook contains high-level insights into Australia smart glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia smart glass market size, by technology, 2018-2030 (US$M)

Australia Smart Glass Market Outlook Share, 2023 & 2030 (US$M)

Australia smart glass market size, by technology, 2018-2030 (US$M)

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