The tempered glass cutting machine market size is expected to see strong growth in the next few years. It will grow to $4.86 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rise in electric vehicles (evs), global urbanization, expansion of solar panel production, industrial automation. Major trends in the forecast period include improvements in glass quality, smart home technologies, high-precision cutting, energy-efficient glass processing, green glass manufacturing, integration with ai and iot.
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Segmentation & Regional Insights
The tempered glass cutting machine market covered in this report is segmented –
1) By Machine Power: Below 100W; 100W And Above
2) By Automation: Semi-Automatic; Automatic;
3) By End-User Industry: Automotive; Construction And Architecture; Electronics And Appliances; Furniture And Interior Design; Aerospace And Aviation; Solar Energy; Other End-User Industries
Asia-Pacific was the largest region in the Tempered Glass Cutting Machine market in 2023. The regions covered in tempered glass cutting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The growing construction and infrastructure development is expected to propel the growth of the tempered glass cutting machine market going forward. Construction and infrastructure development refer to the processes and activities involved in creating, improving and maintaining physical structures and facilities that are essential for the functioning of societies and economies. Tempered glass machines are crucial to construction and infrastructure development, enabling the production of durable and safety-enhancing glass components used in buildings, facades and structures. For instance, in July 2023, according to the U.S. Census Bureau, a US-based government institution, the expected annual rate of construction spending in May 2023 was $1,925.6 billion, which was 0.9% higher than the April estimate of $1,909.0 billion. Therefore, the growing construction and infrastructure development is driving the growth of the tempered glass cutting machine market.
Key Industry Players
Major players in the tempered glass cutting machine market are Luoyang North Glass Technology Co. Ltd., Biesse Group S.p.A, Bottero S.p.A., Glaston Corporation, Shenyang All-Powerful Science & Technology Stock Co. Ltd., Anhui Glass Machinery Technology Co. Ltd., HHH Equipment Resources, Intermac, Macpower CNC Machines Limited, LiSEC Austria GmbH, Solaronix S.A., Turomas S.L., Jinan Sintech CNC Equipment Co. Ltd., Shandong Eworld Machine Co. Ltd., Anhui Jingling Glass Co. Ltd., Anhui Yinrui Glass Machinery Co. Ltd., Beijing Pujinli Technology Co. Ltd., Bengbu Ruifeng Glass Machinery Co. Ltd., CMS Glass Machinery, Vetromac SRL, Foshan Techwin Glass Technology Co. Ltd., Guangzhou Daqin New Universe Technology Co. Ltd., Shenzhen YTD Industrial Co. Ltd., Guangzhou S&K Glass Machinery Co. Ltd., Shandong Huashili Automation Technology Co. Ltd.
The tempered glass cutting machine market report table of contents includes:
- Executive Summary
- Tempered Glass Cutting Machine Market Characteristics
- Tempered Glass Cutting Machine Market Trends And Strategies
- Tempered Glass Cutting Machine Market – Macro Economic Scenario
- Global Tempered Glass Cutting Machine Market Size and Growth
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- Global Tempered Glass Cutting Machine Market Competitive Benchmarking
- Global Tempered Glass Cutting Machine Market Competitive Dashboard
- Key Mergers And Acquisitions In Tempered Glass Cutting Machine Market
- Tempered Glass Cutting Machine Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Luoyang North Glass Technology Co. Ltd.
- Biesse Group S.p.A
- Bottero S.p.A
- Glaston Corporation
- Shenyang All-Powerful Science & Technology Stock Co. Ltd
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