The tempered glass global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Tempered Glass Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The tempered glass market size has grown strongly in recent years. It will grow from $61.03 billion in 2023 to $65.96 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in commercial construction, growing demand for high-performance motorcycles, automotive safety standards, architectural safety regulations, growth of the consumer electronics industry.
The tempered glass market size is expected to see strong growth in the next few years. It will grow to $88.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing adoption of electric vehicles, rise in smart home technology, expansion of aerospace industry, increase in renovation projects, sustainability initiatives. Major trends in the forecast period include advancements in manufacturing technology, curved and shaped glass designs, privacy glass technology, anti-reflective coatings, frameless glass installations.
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Scope Of Tempered Glass Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The increasing use of tempered glass in mobile phone accessories propels the growth of the tempered glass market. Consumers often view mobile phones as premium products and are willing to spend on external accessories such as tempered glass screen protectors. Tempered glass products have emerged as the most widely used screen protection technology over the years due to their high quality and multi-layered, shock-absorbent properties. The increasing use of tempered glass in mobile phone accessories to sustain durability and reduce the chances of screen damage will drive the demand for tempered glass.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The tempered glass market covered in this report is segmented –
1) By Shape: Flat Tempered Glass, Bent Tempered Glass
2) By Type: Plain Glass, Coloured Glas
3) By End Use Industry: Automotive, Construction, Electrical And Electronics, Other End Use Industry
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Regional Insights –
Asia-Pacific was the largest region in the tempered glass market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tempered glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the tempered glass market report are Saint-Gobain SA, Dlubak Specialty Glass Corporation, Guardian Industries Corp., Asahi Glass Co. Ltd., PPG Industries Inc., AFG Industries Inc., Pilkington Brothers Limited, Cardinal Glass Industries Inc., Shanghai Northglass Technology & Industry Co. Ltd., AYG Coating Glass Co. Ltd., Abrisa Technologies Co., Airxcel Inc., Asahimas Flat Glass Tbk, GSC Glass Ltd., Hindustan National Glass & Industries Limited, Koch Industries Inc., Nippon Sheet Glass Co. Ltd., Press Glass Holding SA, Turkiye Sise ve Cam Fabrikalari AS, Vitro Corp., Fuyao Glass Industry Group Co. Ltd., Xinyi Glass Holdings Limited, Schott AG, Shanghai Yaohua Pilkington Glass Group Co. Ltd., Euroglas GmbH, Huihua Glass Co. Ltd., Jinjing Group Co. Ltd., Luoyang Glass Company Limited, Sangalli Servomotori Srl, Shandong Jinjing Science and Technology Stock Co. Ltd., Shandong Yaohua Glass Co. Ltd., Sisecam Flat Glass Ltd., Taiwan Glass Industry Corp., Tianjin CSG Architectural Glass Co. Ltd., Trulite Glass & Aluminum Solutions LLC, Viracon Inc.
Table of Contents
1. Executive Summary
2. Tempered Glass Market Report Structure
3. Tempered Glass Market Trends And Strategies
4. Tempered Glass Market – Macro Economic Scenario
5. Tempered Glass Market Size And Growth
…..
27. Tempered Glass Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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