Middle East & Africa Smart Glass Market Size & Outlook
Middle East & Africa smart glass market, 2018-2030 (US$M)
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MEA smart glass market highlights
- The MEA smart glass market generated a revenue of USD 325.1 million in 2023.
- The market is expected to grow at a CAGR of 10.7% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 325.1 million |
| Market revenue in 2030 | USD 663.7 million |
| Growth rate | 10.7% (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, MEA region accounted for 4.9% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Smart Glass Market Scope
Smart Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 60.29% in 2023. Horizon Databook has segmented the Middle East & Africa smart glass market based on electrochromics, liquid crystal, spd, thermochromics, photochromic covering the revenue growth of each sub-segment from 2018 to 2030.
The ongoing proliferation of smart consumer electronic solutions and technologically advanced gadgets is paving way for the regional market growth. Moreover, the increasing number of companies entering the market is expediting the adoption of smart glasses in the region.
For instance, in Several companies are entering the regional smart glasses market. For instance, in June 2023, the Transport General Authority (TGA) of Saudi Arabia introduced VR glasses with an aim to monitor the vehicles during the season of Haj.
This technology will help in verifying the legal status of the vehicle and the driver quickly. Such strategic initiatives and growing consumer demand will favor the growth of MEA smart glasses market over the forecast period.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart glass market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA smart glass market size, by country, 2018-2030 (US$M)
Middle East & Africa Smart Glass Market Outlook Share, 2023 & 2030 (US$M)
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