In the construction sector, innovations keep underway. That includes in the glass part. As preferences shift and sophisticated requirements grow, there is an increased necessity for the smart glass market around the world.
A leading market research firm, GMI Research, estimated that the smart glass market size reached USD 5.3 billion in 2022 and would touch USD 11.4 billion in 2030. This rapid development is owing to the government support in the construction sector along with the rising demand for energy saving initiatives.
Why is It Important?
There are several reasons why the smart glass market is increasingly important in the construction sector.
Energy efficiency
By reflecting sunlight and improving heat insulation, smart glass can cut the amount of heat entering a space up to 40%. This reduction in heat gain decreases the burden on air conditioning units. It also contributes to a more comfortable and energy-efficient indoor climate.
By reducing the workload on your air conditioner, you save on energy costs over time. Additionally, better regulation of natural light reduces your reliance on artificial lighting which contributes to additional savings.
Versatility
Smart glass technology enhances retail advertising by providing easy updates to display ads or decorative features with a single touch. This allows for the creation of dynamic and customized advertisements on store surfaces. All while keeping the products front and center.
Improved security
Offering the ability to switch from transparent to become opaque instantly, electric glass ensures immediate privacy with just a button click. It can also be fortified to enhance its resistance to blasts, be fire-retardant, and even bulletproof. Therefore, it significantly improves security.
Sun protection
In its opaque mode, smart glass blocks up to 99 percent of UVB and UVA rays while transmitting visible light. This dual functionality enhances privacy and reduces glare. That makes it an excellent choice for offices or other similar settings where privacy is necessary without completely obstructing natural light.
Sound insulation
Switchable glass provides enhanced privacy by obstructing visibility and can also reduce audible sound by up to 39 dB. This feature makes it ideal for spaces like meeting rooms and conference centers as well as other commercial areas where controlling sound is important.
Cost-efficient
The installation cost of smart glass is higher than that of standard glass types. However, its long-term benefits clearly justify the investment. One major benefit is that smart glass boosts your building's energy efficiency. It can translate into long-term savings. Moreover, it is easier to maintain than traditional glass options.
Enhance market value
The addition of smart glass to your building’s window or facade can notably boost its market value. It can provide a strong return on investment if you opt to sell or lease the space. The rise in value can be linked to the smart glass’ advantages. They encompass visual appeal, energy savings, and eco-friendly features.
Modern appeal
The smart glass market is frequently hailed as a futuristic innovation. Its impressive functionality is hard to overlook. Adding smart glass to your business introduces a sleek and modern aesthetic. In enhances the space both visually and functionality. By harnessing natural light, smart glass can make your interiors feel more expensive.
