Germany Smart Glass Market Size & Outlook, 2023-2030
Germany smart glass market, 2018-2030 (US$M)
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Germany smart glass market highlights
- The Germany smart glass market generated a revenue of USD 339.1 million in 2023 and is expected to reach USD 595.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.4% 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 2023 | USD 339.1 million |
| Market revenue in 2030 | USD 595.2 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Electrochromics |
| Fastest growing segment | SPD |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrochromics, Liquid Crystal, SPD, Thermochromics, Photochromic |
| Key market players worldwide | AGC 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, Germany accounted for 5.1% 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 Europe, UK smart glass market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 269.4 million by 2030.
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Smart Glass Market Scope
Smart Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 62.31% in 2023. Horizon Databook has segmented the Germany smart glass market based on electrochromics, liquid crystal, spd, thermochromics, photochromic covering the revenue growth of each sub-segment from 2018 to 2030.
The increased focus of domestic countries to enhance productivity through the consolidation of Artificial Intelligence, Internet-of-Things (IoT), and Big Data, is positively influencing the smart glasses market in the country. These initiatives have instigated the adoption of AR smart glasses across various manufacturing companies in the country.
The entry of several new companies and their expansion strategies are transforming the market outlook. For instance, in April 2023, German startup OQmented, a specialist in advanced optical technologies for AR and VR applications, raised USD 20 million in Series A funding round.
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Our clientele includes a mix of smart glass market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany smart glass market , including forecasts for subscribers. This country databook contains high-level insights into Germany smart glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany smart glass market size, by technology, 2018-2030 (US$M)
Germany Smart Glass Market Outlook Share, 2023 & 2030 (US$M)
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