HOME Research Insight SAGE Electrochromics (U.S.) and Research Frontiers, Inc. (U.S.) are the Two Major Players Holding a Large Chunk of the Smart Glass Market



SAGE Electrochromics (U.S.) and Research Frontiers, Inc. (U.S.) are the Two Major Players Holding a Large Chunk of the Smart Glass Market


The smart glass market is emerging with many players on the global and local levels. The smart glass market is expected to be worth USD 8.13 Billion by 2022, at a CAGR of 19.2% between 2016 and 2022. North America and Europe are the major regions that are expected to witness growth in this market. Players such as SAGE Electrochromics (U.S), View Inc. (U.S.), and Corning Incorporation (U.S.) have manufacturing facilities scattered in these two regions. Currently, Europe is the leading market for smart glass; however, the APAC market is expected to give stiff competition to the European market after 2022 because of the need of its architectural sector.

SAGE Electronics is a pioneer in developing electrochromic glass for residential glass applications. The company offers innovative solutions to meet the growing demand across developed and emerging economies and for energy efficiency and environmental protection. In 2010, Saint-Gobain acquired SAGE Electronics (U.S.) to enter the smart glass market. Partnership and collaboration are the major strategies adopted by SAGE Electrochromics to tap the smart glass market. Recently, SAGE Electrochromic partnered with Jun Huo (a supplier of building façade and curtain wall solutions in China) to supply dynamic glass to the Chinese building market as China aims to balance the huge demand for new buildings with the need for sustainable building practices. In the past few years, SAGE also entered into partnership with Mechosystems and Spohn Associates Inc. to expand its footprint into the smart glass market, especially in the APAC region which is expected to be largest-growing market for smart glass.

Research Frontiers Inc. is another major player in the smart glass market. The company is a developer and licensor of Suspended Particle Device (SPD) light-control technology. It holds over 180 patents and patent applications worldwide for the SPD technology. Research Frontiers’ patented SPD technology is its core offering. The company has invested over USD 100 million so far to develop and license its SPD technology to over 40 countries globally. The company mainly focuses on strategic collaborations to expand its foothold in the smart glass market and earn royalties from its license, which accounts for 10% to 15% of its licensees’ earning, using the SPD technology. The automotive giant Mercedes Benz (Germany) partnered with Research Frontiers for using its patented technology. In 2014 AGC introduced its innovative product called WONDERLITE–a SPD smart window, in a Japanese test rail. This smart window uses the SPD technology. The company has a potential in emerging markets such as China and plans to expand into that region in the near future.

Related Reports:

Smart Glass Market by Technology (SPD, Electrochromic, PDLC, Thermochromic), End-Use Industry (Architecture, Transportation, Power Generation, Consumer Electronics) - Global Forecast to 2022

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