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Asia Pacific Smart Windows Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Asia Pacific smart window market is expected to exhibit a CAGR of 16.96% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Smart windows, or switchable windows, refer to electronically powered windows that change color when exposed to light, heat or voltage. They can adjust their opacity from transparent to opaque and are usually operated through a switch, remote or a smartphone application. They are manufactured using materials such as electrochromic, liquid crystal and suspended particle glasses. These materials regulate the amount of heat and light entering the room and thereby assist in minimizing and conserving energy in buildings. As a result, smart windows are extensively used in commercial and residential complexes and automobiles. 

 

 
 

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Significant growth in the construction industry is one of the key factors creating a positive outlook for the market. In line with this, the increasing demand for energy-efficient commercial and residential buildings has resulted in the widespread adoption of smart windows across the Asia Pacific region. Furthermore, the extensive utilization of smart windows in automobiles for maintaining the inner temperature of the vehicles is providing a thrust to the market growth. They also offer features, such as anti-glare, remote access and dynamic light emission adjustment in the vehicle. Other factors, including improvements in the existing infrastructure, along with the implementation of favorable government policies to promote the use of energy-efficient products, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific smart window market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on technology, type and application.

Breakup by Technology:

 

 
 

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  • Suspended Particle Devices Light Modulator
  • Polymer Dispersed Liquid Crystal Devices Scanner
  • Electro Chromic
     

Breakup by Type:

  • OLED Glass
  • Self-Dimming Window
  • Self-Repairing
     

Breakup by Application:

  • Residential
  • Commercial
  • Industrial
  • Transport
     

Breakup by Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Technology, Type, Application, Country
Countries Covered China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Asia Pacific Smart Window Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Technology
    6.1    Suspended Particle Devices Light Modulator
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Polymer Dispersed Liquid Crystal Devices Scanner
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Electro Chromic
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Type
    7.1    OLED Glass
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Self-Dimming Window
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Self-Repairing
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Application
    8.1    Residential
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Industrial
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Transport
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Country
    9.1    China
        9.1.1 Market Trends
        9.1.2 Market Breakup by Technology
        9.1.3 Market Breakup by Type
        9.1.4 Market Breakup by Application
        9.1.5 Market Forecast
    9.2    Japan
        9.2.1 Market Trends
        9.2.2 Market Breakup by Technology
        9.2.3 Market Breakup by Type
        9.2.4 Market Breakup by Application
        9.2.5 Market Forecast
    9.3    India
        9.3.1 Market Trends
        9.3.2 Market Breakup by Technology
        9.3.3 Market Breakup by Type
        9.3.4 Market Breakup by Application
        9.3.5 Market Forecast
    9.4    South Korea
        9.4.1 Market Trends
        9.4.2 Market Breakup by Technology
        9.4.3 Market Breakup by Type
        9.4.4 Market Breakup by Application
        9.4.5 Market Forecast
    9.5    Australia
        9.5.1 Market Trends
        9.5.2 Market Breakup by Technology
        9.5.3 Market Breakup by Type
        9.5.4 Market Breakup by Application
        9.5.5 Market Forecast
    9.6    Indonesia
        9.6.1 Market Trends
        9.6.2 Market Breakup by Technology
        9.6.3 Market Breakup by Type
        9.6.4 Market Breakup by Application
        9.6.5 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Breakup by Technology
        9.7.3 Market Breakup by Type
        9.7.4 Market Breakup by Application
        9.7.5 Market Forecast 
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Policy and Regulatory Landscape
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Smart Window Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Smart Window Market: Sales Value (in Million US$), 2016 - 2021
Figure 3: Asia Pacific: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Asia Pacific: Smart Window Market: Breakup by Technology (in %), 2021
Figure 5: Asia Pacific: Smart Window Market: Breakup by Type (in %), 2021
Figure 6: Asia Pacific: Smart Window Market: Breakup by Application (in %), 2021
Figure 7: Asia Pacific: Smart Window Market: Breakup by Country (in %), 2021
Figure 8: Asia Pacific: Smart Window (Suspended Particle Devices Light Modulator) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Asia Pacific: Smart Window (Suspended Particle Devices Light Modulator) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Asia Pacific: Smart Window (Polymer Dispersed Liquid Crystal Devices Scanner) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Asia Pacific: Smart Window (Polymer Dispersed Liquid Crystal Devices Scanner) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Asia Pacific: Smart Window (Electro Chromic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Asia Pacific: Smart Window (Electro Chromic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Asia Pacific: Smart Window (OLED Glass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Asia Pacific: Smart Window (OLED Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Asia Pacific: Smart Window (Self-Dimming Window) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Asia Pacific: Smart Window (Self-Dimming Window) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Asia Pacific: Smart Window (Self-Repairing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Asia Pacific: Smart Window (Self-Repairing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Asia Pacific: Smart Window (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Asia Pacific: Smart Window (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Asia Pacific: Smart Window (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Asia Pacific: Smart Window (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Asia Pacific: Smart Window (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Asia Pacific: Smart Window (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Asia Pacific: Smart Window (Transport) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Asia Pacific: Smart Window (Transport) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: China: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: China: Smart Window Market: Breakup by Technology (in %), 2021
Figure 30: China: Smart Window Market: Breakup by Type (in %), 2021
Figure 31: China: Smart Window Market: Breakup by Application (in %), 2021
Figure 32: China: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Japan: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Japan: Smart Window Market: Breakup by Technology (in %), 2021
Figure 35: Japan: Smart Window Market: Breakup by Type (in %), 2021
Figure 36: Japan: Smart Window Market: Breakup by Application (in %), 2021
Figure 37: Japan: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Smart Window Market: Breakup by Technology (in %), 2021
Figure 40: India: Smart Window Market: Breakup by Type (in %), 2021
Figure 41: India: Smart Window Market: Breakup by Application (in %), 2021
Figure 42: India: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: South Korea: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: South Korea: Smart Window Market: Breakup by Technology (in %), 2021
Figure 45: South Korea: Smart Window Market: Breakup by Type (in %), 2021
Figure 46: South Korea: Smart Window Market: Breakup by Application (in %), 2021
Figure 47: South Korea: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027 
Figure 48: Australia: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Smart Window Market: Breakup by Technology (in %), 2021
Figure 50: Australia: Smart Window Market: Breakup by Type (in %), 2021
Figure 51: Australia: Smart Window Market: Breakup by Application (in %), 2021
Figure 52: Australia: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027 
Figure 53: Indonesia: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Smart Window Market: Breakup by Technology (in %), 2021
Figure 55: Indonesia: Smart Window Market: Breakup by Type (in %), 2021
Figure 56: Indonesia: Smart Window Market: Breakup by Application (in %), 2021
Figure 57: Indonesia: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Smart Window Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Smart Window Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Asia Pacific: Smart Window Industry: SWOT Analysis
Figure 61: Asia Pacific: Smart Window Industry: Value Chain Analysis
Figure 62: Asia Pacific: Smart Window Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Smart Window Market: Key Industry Highlights, 2021 and 2027
Table 2: Asia Pacific: Smart Window Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Asia Pacific: Smart Window Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: Asia Pacific: Smart Window Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Asia Pacific: Smart Window Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: Asia Pacific: Smart Window Market: Competitive Structure
Table 7: Asia Pacific: Smart Window Market: Key Players


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Key Questions Answered in This Report

We expect the Asia Pacific smart windows market to exhibit a CAGR of 16.96% during 2022-2027.

The increasing demand for energy-efficient system, including smart windows, in commercial and
residential complexes, is currently driving the Asia Pacific smart windows market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several Asia Pacific nations resulting in the temporary halt in various
construction activities, thereby negatively impacting the smart windows market.

Based on the technology, the Asia Pacific smart windows market can be categorized into suspended
particle devices light modulator, polymer dispersed liquid crystal devices scanner, and electro
chromic. Among these, electro chromic technology exhibits a clear dominance in the market.

Based on the type, the Asia Pacific smart windows market has been segmented into OLED glass, self-
dimming window, and self-repairing. Currently, self-dimming window represents the largest market
share.

Based on the application, the Asia Pacific smart windows market can be bifurcated into residential,
commercial, industrial, and transport. Among these, the transport sector accounts for the majority
of the total market share.

On a regional level, the market has been classified into China, Japan, India, South Korea, Australia,
Indonesia, and others, where China currently dominates the market.

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