Mexico Smart Glass Market Size & Outlook, 2023-2030
Mexico smart glass market, 2018-2030 (US$M)
Related Markets
Mexico smart glass market highlights
- The Mexico smart glass market generated a revenue of USD 81.1 million in 2023 and is expected to reach USD 166.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.8% 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 81.1 million |
| Market revenue in 2030 | USD 166.3 million |
| Growth rate | 10.8% (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, Mexico accounted for 1.2% 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 Latin America, Brazil smart glass market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 237.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Glass Market Scope
Smart Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 60.67% in 2023. Horizon Databook has segmented the Mexico smart glass market based on electrochromics, liquid crystal, spd, thermochromics, photochromic covering the revenue growth of each sub-segment from 2018 to 2030.
The growing adoption of smart gadgets and expansion of several market players in the region is contributing to the market growth. The market growth is being further proliferated by increased adoption of smart glasses across various industries to enhance their operations.
For instance, Tenaris, manufacturer and distributor of steel pipes, has adopted smart glasses to facilitate quick and efficient maintenance in the hot rolling mill at its factory based in Mexico. These glasses enable audio and video connection between suppliers and other employees in real-time from anywhere.
The increasing product demand across warehousing, manufacturing, remote support, navigation, gaming, and entertainment industries will drive the market growth over the forecast period.
Reasons to subscribe to Mexico smart glass market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico 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.).
-
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 Mexico smart glass market , including forecasts for subscribers. This country databook contains high-level insights into Mexico smart glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico smart glass market size, by technology, 2018-2030 (US$M)
Mexico Smart Glass Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
