Latin America Smart Glass Market Size & Outlook, 2023-2030
Latin America smart glass market, 2018-2030 (US$M)
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Latin America smart glass market highlights
- The Latin America smart glass market generated a revenue of USD 423.7 million in 2023.
- The market is expected to grow at a CAGR of 10.5% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 423.7 million |
| Market revenue in 2030 | USD 852.7 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Electrochromics |
| Fastest growing segment | SPD |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.4% of the global smart glass market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,472.0 million by 2030.
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Smart Glass Market Scope
Smart Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 60.16% in 2023. Horizon Databook has segmented the Latin America smart glass market based on electrochromics, liquid crystal, spd, thermochromics, photochromic covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing adoption of technologically advanced devices and wearables is contributing to the market growth. Factors such as increasing disposable incomes, growing population, growing penetration of retail distribution network, and after sales services are instigating the demand for smart glasses in the region.
In addition, growing proclivity for augmented reality solutions across various industries including e-commerce, gaming, healthcare, architecture, etc. will create ample growth opportunities for the smart glasses market over the forecast period.
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Target buyers of Latin America smart glass market databook
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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 continent-level data and insights on the Latin America smart glass market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America smart glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America smart glass market size, by country, 2018-2030 (US$M)
Latin America Smart Glass Market Outlook Share, 2023 & 2030 (US$M)
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