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Smart Windows Market to Grow by USD 3.80 Billion (2024-2028), Driven by Rising Residential Construction, with AI Redefining Market Landscape – Technavio

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global smart windows market size is estimated to grow by USD 3.80 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  12.74%  during the forecast period. Rising construction of residential houses and buildings is driving market growth, with a trend towards growing number of strategic alliances and partnerships. However, technological limitations with smart windows  poses a challenge.Key market players include Ambilight Inc., Asahi India Glass Ltd., ClearVue Technologies Ltd., Compagnie de Saint Gobain, Crystal Pacific Window and Door Systems, Diamond Glass, Gauzy Ltd., Gentex Corp., Halio Inc., Innovative Glass Corp., Nodis, Polytronix Inc., PPG Industries Inc., RavenWindow, Smart Glass India, Smart Window, Smart Windows Colorado, SmartGlass International, Stellaris Corp., and View Inc.

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Smart Windows Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.74%

Market growth 2024-2028

USD 3.80 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.04

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 46%

Key countries

US, Canada, China, Japan, and UK

Key companies profiled

Ambilight Inc., Asahi India Glass Ltd., ClearVue Technologies Ltd., Compagnie de Saint Gobain, Crystal Pacific Window and Door Systems, Diamond Glass, Gauzy Ltd., Gentex Corp., Halio Inc., Innovative Glass Corp., Nodis, Polytronix Inc., PPG Industries Inc., RavenWindow, Smart Glass India, Smart Window, Smart Windows Colorado, SmartGlass International, Stellaris Corp., and View Inc

Market Driver

Smart windows, also known as glass products with advanced light and heat control, are trending in the construction sector. These translucent and transparent windows adjust to ambient conditions, saving energy costs on heating, cooling, and lighting. Motorized light screens, blinds, and curtains are popular alternatives to traditional window coverings. Energy-saving heating and lateral lighting are key benefits, reducing air conditioning usage. The automobile sector is embracing smart windows for luxury vehicles, while the industrial-scale production capacity increases. Partnership announcements and extensive marketing endeavors boost recognition and operational efficiency. Advanced materials, such as electrochromic, lower prices and offer privacy control in various sectors like conference rooms, intensive-care areas, and bathrooms. Self-dimming windows and OLED glass are the latest advancements. The transportation sector, including commercial vehicles, trains, and passenger vehicles, also benefits from smart windows. Despite market restraints like lack of awareness and high investment levels, the long-term benefits are significant. Technological advancements, such as electrochromism, vibrant applicability, and self-repairing properties, continue to drive growth. 

The global smart windows market experiences significant competition among vendors, driven by the market’s moderate fragmentation and rapidly advancing technologies. This intense competition has led to an increase in strategic partnerships. The construction industry’s growing demand for glass curtain walls further motivates market participants to form alliances, expanding their market reach and customer base. Notable mergers and acquisitions in the smart windows market include [mention specific M&A deals here]. To maintain a competitive edge, established vendors are expected to strengthen their market presence through strategic collaborations. 

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 Market Challenges

The Smart Windows Market encompasses advanced glass products with light transmission properties that respond to electricity, providing light and heat control. Buildings, particularly business, residential, and commercial, are major consumers, utilizing climate-adaptive shells to reduce energy costs. Motorized light screens, blinds, and curtains are alternatives, but smart windows offer energy-saving heating, lateral lighting, and air conditioning. The automobile sector also benefits from smart windows, with blackout smart glass and low-emissivity coatings blocking UV rays. The construction sector faces challenges like market restraints due to lack of awareness and high investment levels. However, the long-term benefits, including privacy control, operational efficiency, and cost efficiency, outweigh these hurdles. Advanced materials like electrochromic and polymer-dispersed liquid crystals are driving innovation, with vibrant applicability in various sectors. Partnership announcements and industrial-scale production capacity are increasing recognition, while lowering prices make these technologies more accessible. The transportation sector, including automotive and aerospace, is a significant market, with self-dimming windows and OLED glass leading the way. Smart windows adapt to ambient conditions, offering manual controls for energy efficiency. Technological advancements include self-repairing and thinner display panels, making them increasingly cost-effective and desirable. Despite challenges, the future of smart windows is bright, with extensive marketing endeavors and stable performance ensuring their continued usage and recognition.The smart windows market faces challenges related to the reliability and effectiveness of current technology. According to a report by the National Renewable Energy Laboratory (NREL), concerns include durability issues, material constraints, and the need for advanced control systems. The report highlights that the performance and longevity of existing smart window materials are suboptimal, potentially reducing the product’s overall lifespan. This limitation may hinder market growth and hinder widespread adoption. Additionally, the need for improved control systems adds another layer of complexity for smart window manufacturers.

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Segment Overview 

This smart windows market report extensively covers market segmentation by  

Type 1.1 OLED glass1.2 Self-dimming window1.3 Self-repairing windowsApplication 2.1 Transportation2.2 Commercial and industrial2.3 ResidentialGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 OLED glass-  The OLED segment of the smart windows market has experienced notable growth in the last decade. OLED, or organic light emitting diode, is a type of glass that generates light when an electric current is passed through it. Smart windows incorporate OLED glass to manage the quantity of light and heat entering buildings. This technology offers enhanced control over natural light in a room, enabling adjustable transparency and opacity levels. The OLED glass segment’s popularity stems from its allure and energy efficiency, leading to substantial expansion during the forecast period. Additionally, OLED glass’s thin, adaptable, and size-versatile properties make it suitable for various applications in both residential and commercial structures. The trend towards sustainable and eco-friendly construction practices further fuels the demand for OLED glass. Consumers seeking environmentally-friendly options find smart windows appealing due to their energy savings and reduced greenhouse gas emissions. These factors are expected to boost the demand for the OLED glass segment, consequently driving the growth of the smart windows market.

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Research Analysis

Smart windows, also known as intelligent glass or dynamic glass, are advanced glass products that offer exceptional light transmission properties while providing control over heat application. These translucent and transparent glass solutions utilize electricity to adjust their light wavelengths, allowing them to regulate the amount of light and heat that enters buildings. Smart windows are increasingly popular in various sectors, including buildings with exterior walls, climate-adaptive shells, and personal property buildings. They help reduce energy costs by managing heating, cooling, lighting, and air conditioning requirements. Motorized light screens, blinds, and curtains are alternative solutions that can also provide energy savings. Smart windows are not limited to buildings; they also find applications in the automobile sector. These glass products offer benefits such as energy-saving heating, lateral lighting, and protection against UV rays. In the construction sector, they address issues like dynamic glare and light control, making them an essential component of modern, sustainable architecture.

Market Research Overview

Smart windows, also known as intelligent glass or electrochromic glass, are revolutionizing the building and automobile sectors with their unique light transmission properties. These innovative glass products offer the ability to control light and heat application through electricity, making them translucent or transparent based on ambient conditions. This technology is applicable to buildings, both exterior walls and climate-adaptive shells, and offers significant energy savings through energy-saving heating, lateral lighting, and air conditioning. The market for smart windows is vast, spanning business, residential, commercial, personal property buildings, and even the automobile sector. Advanced materials, such as electrochromic and polymer-dispersed liquid crystals, are used to create these windows, with vibrant applicability in various sectors. The use of smart windows offers numerous benefits, including privacy control, operational efficiency, and cost efficiency. However, the initial investment levels can be high, and market restraints include a lack of awareness and long-term benefits recognition. Despite this, extensive marketing endeavors and advancements in technology, such as self-dimming and self-repairing windows, are driving usage and recognition. The transportation sector, including the automobile and aerospace industries, is also adopting smart window technology, with applications ranging from luxury automobiles to commercial vehicles, trains, and passenger vehicles. The construction sector is also investing in industrial-scale production capacity to meet the growing demand for these energy-efficient and advanced materials. Smart windows offer significant control over light wavelengths, including UV rays, and can be used in various applications, such as blackout smart glass, low-emissivity coatings, and motorized light screens. They can also be used in conjunction with other energy-saving technologies, such as energy-efficient lighting and HVAC systems, to further reduce energy costs. The technology behind smart windows is based on the scientific principle of electrochromism, which involves the application of an electrical voltage to change the color of the window from clear to dark or bluish. This decrease in price and advancements in electrochromic materials have made these windows increasingly accessible to a wider audience. In conclusion, smart windows offer numerous benefits, including energy savings, privacy control, operational efficiency, and cost savings, making them a valuable investment for both commercial and residential buildings, as well as the transportation sector. With ongoing advancements in technology and increasing awareness, the market for smart windows is poised for significant growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeOLED GlassSelf-dimming WindowSelf-repairing WindowsApplicationTransportationCommercial And IndustrialResidentialGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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NASA Plans to Assign Missions for Two Future Artemis Cargo Landers

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WASHINGTON, Nov. 19, 2024 /PRNewswire/ — NASA, along with its industry and international partners, is preparing for sustained exploration of the lunar surface with the Artemis campaign to advance science and discovery for the benefit of all. As part of that effort, NASA intends to award Blue Origin and SpaceX additional work under their existing contracts to develop landers that will deliver large pieces of equipment and infrastructure to the lunar surface.

NASA expects to assign demonstration missions to current human landing system providers, SpaceX and Blue Origin, to mature designs of their large cargo landers following successful design certification reviews. The assignment of these missions builds on the 2023 request by NASA for the two companies to develop cargo versions of their crewed human landing systems, now in development for Artemis III, Artemis IV, and Artemis V.

“NASA is planning for both crewed missions and future services missions to the Moon beyond Artemis V,” said Stephen D. Creech, assistant deputy associate administrator for technical, Moon to Mars Program Office. “The Artemis campaign is a collaborative effort with international and industry partners. Having two lunar lander providers with different approaches for crew and cargo landing capability provides mission flexibility while ensuring a regular cadence of Moon landings for continued discovery and scientific opportunity.”

NASA plans for at least two delivery missions with large cargo. The agency intends for SpaceX’s Starship cargo lander to deliver a pressurized rover, currently in development by JAXA (Japan Aerospace Exploration Agency), to the lunar surface no earlier than fiscal year 2032 in support of Artemis VII and later missions. The agency expects Blue Origin to deliver a lunar surface habitat no earlier than fiscal year 2033.

“Based on current design and development progress for both crew and cargo landers and the Artemis mission schedules for the crew lander versions, NASA assigned a pressurized rover mission for SpaceX and a lunar habitat delivery for Blue Origin,” said Lisa Watson-Morgan, program manager, Human Landing System, at NASA’s Marshall Space Flight Center in Huntsville, Alabama. “These large cargo lander demonstration missions aim to optimize our NASA and industry technical expertise, resources, and funding as we prepare for the future of deep space exploration.”

SpaceX will continue cargo lander development and prepare for the Starship cargo mission under Option B of the NextSTEP Appendix H contract. Blue Origin will conduct its cargo lander work and demonstration mission under NextSTEP Appendix P. NASA expects to issue an initial request for proposals to both companies in early 2025.

With the Artemis campaign, NASA will explore more of the Moon than ever before, learn how to live and work away from home, and prepare for future exploration of Mars. NASA’s SLS (Space Launch System) rocket, exploration ground systems, and Orion spacecraft, along with commercial human landing systems, next-generation spacesuits, Gateway lunar space station, and future rovers are NASA’s foundation for deep space exploration.

For more on NASA’s Human Landing System Program, visit:

https://www.nasa.gov/hls 

 

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SOURCE NASA

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GQR Life Sciences Partners with Nebula to Transform Talent Acquisition for Biopharma Clients

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — GQR Life Sciences, a leader in total talent solutions for the biopharma industry, is proud to announce a strategic partnership with Nebula, an AI-powered talent platform that takes client service and innovation to the next level. This partnership strengthens GQR Life Sciences’ ability to deliver advanced workforce solutions tailored to the unique needs of biopharma organizations, empowering them to drive progress and innovation across the industry.

Since 2016, GQR Life Sciences has served over 1,000 clients, supporting groundbreaking work in areas such as drug development, clinical research, and commercialization. The integration of Nebula into its talent solutions marks a major milestone, providing biopharma clients with cutting-edge tools to streamline talent acquisition and enhance internal hiring capabilities.

Biopharma Innovation
Nebula harnesses natural language processing and AI technology to enable precise, efficient talent matching. GQR Life Sciences’ clients can access a vast pool of over 180 million profiles, empowering them to secure the expertise needed to tackle their most complex challenges, from advancing pipelines to scaling operations.

“Integrating Nebula into our solutions takes client service and innovation to the next level for our biopharma partners,” said Trevor Symons, Head of Revenue Operations at GQR Life Sciences. “This technology allows us to deliver faster, more efficient hiring processes while giving our clients the tools to elevate their own talent acquisition strategies and maintain their edge in a competitive market.”

Enhancing Client Capabilities
Nebula enables GQR Life Sciences’ clients to independently identify and rank candidates with ease, integrating seamlessly with existing applicant tracking systems. By automating labor-intensive processes like job descriptions, recruitment marketing, and sourcing, the platform significantly reduces time-to-hire, empowering organizations to focus on advancing their strategic priorities.

Faster, Smarter Workforce Solutions
The partnership with Nebula enhances GQR Life Sciences’ ability to deliver high-value services that meet the demands of a fast-evolving industry. Whether supporting talent needs for clinical trials, manufacturing scale-ups, or commercial launches, Nebula ensures biopharma clients have access to top-tier talent with unmatched efficiency.

About GQR Life Sciences
GQR Life Sciences is a premier provider of total talent solutions for the biopharma industry. With a commitment to innovation and excellence, GQR Life Sciences helps organizations achieve their workforce goals and drive industry progress.

About Nebula
Nebula is an AI-driven talent platform that enhances recruitment outcomes through advanced natural language processing and analytics. Designed to deliver smarter, faster hiring, Nebula empowers organizations to achieve their most ambitious goals by connecting them with top-tier talent.

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SOURCE GQR

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Blackbaud Institute Releases New Research on Charitable Support Trends Across Generations in Australia and New Zealand

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Financial Donations Lead as Most Impactful Support Method Across Generations, but Volunteering and Advocacy Remain Vital

SYDNEY, Nov. 20, 2024 /PRNewswire/ — The Blackbaud Institute, a sector research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has released a new report, Charitable Support Across Generations in Australia and New Zealand, that provides insights into the evolving charitable behaviors and support preferences of Gen Z, Millennials, Gen X, and Boomers. Through survey responses from over 1,000 participants, this comprehensive study uncovers generational attitudes toward nonprofit support, identifying factors influencing giving and highlighting the unique challenges facing the nonprofit sector in a dynamic philanthropic landscape.

The findings reveal that, across all generations, monetary donations remain the most impactful way to support causes. However, Gen Z places a high value on volunteering and advocacy, reflecting a shift toward active engagement beyond financial contributions. While health, animal welfare, and children’s causes remain widely supported, each generation brings unique perspectives and priorities to their charitable activities.

“Understanding the motivations and preferred support methods of each generation is essential, especially in a time of rising economic pressures,” said Kevin Sher, president and general manager of Blackbaud’s operations in Asia Pacific. “Our findings show that while financial support is universally valued, younger generations—particularly Gen Z—are redefining their approach to social impact through direct engagement in volunteerism and advocacy. Older generations, who are typically more financially established, donated the most, highlighting the continued importance of engaging Gen Xers and Boomers in the next decade. By adapting to generational supporting trends, nonprofits can deepen connections across age groups.”

Key Findings from the Report:

Generational Support Preferences: While financial donations lead across generations, Gen Z demonstrates a notable emphasis on volunteering (47%), and Boomers are more inclined to promote causes they care about. These insights suggest varied but complementary approaches to support.Top Influencing Factors: Trust, belief in the mission, and perceived urgency drive support across all generations. Transparency and privacy are especially important for younger generations, shaping their expectations for nonprofit communication.Barriers to Support: Economic constraints and time limitations are significant deterrents. A notable number of Gen Z and Millennial respondents report hesitancy due to concerns about nonprofit transparency and impact, underscoring the need for nonprofits to communicate their effectiveness.Acknowledgement Preferences: Email remains the most preferred form of recognition. However, Millennials and Gen Z value public recognition and detailed impact reporting, emphasising the importance of digital and personalised nonprofit engagement.

The report further provides actionable recommendations for nonprofits to effectively engage supporters across generations, including strategies to build trust, enhance volunteer programs, and diversify donation methods to meet evolving preferences. Get more information on Charitable Support Across Generations and access the full report here.

bbcon 2024 Sydney 
Publication of the new report follows the success of Blackbaud’s recent bbcon Sydney event, hosted in October. Over 100 Blackbaud customers, technology partners, expert speakers and Blackbaud staff attended the event to hear about the major waves of innovation that will transform the future of social impact for Blackbaud’s customers in the Australia and across the Asia Pacific region.

These announcements included a host of AI-powered solutions, enhanced functionality of Blackbaud’s core fundraising product, integrated payments experiences to help organisations raise and save more, and more flexibility to help customers extend their Blackbaud software. Breakout sessions provided the opportunity for delegates to hear best practices for fundraising, grantmaking, and corporate impact, as well as network with like-minded peers.

To learn more about Blackbaud’s most recent innovation, visit www.blackbaud.com.au/newsroom.

About Blackbaud Institute
The Blackbaud Institute develops leading-edge research and convenes expert voices to equip the social impact community with knowledge, insight, and confidence. The Blackbaud Institute draws from Blackbaud’s data set, the most comprehensive in the social impact community. In addition, the Institute facilitates public research studies to drive original qualitative and quantitative insight. Our research agenda is grounded in a commitment to topics that social impact organisations can apply immediately to better understand, benchmark, and improve their essential business operations. We are guided by our commitment to the social impact sector to provide timely, transparent, and well-rounded research that is free to access. From how organisations run to how donors give, we’re 100% focused on research and resources for this sector.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud’s solutions are unleashing the potential of the people and organisations who change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com.au or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

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