Global Glass Processing Equipment Strategic Business Report 2023: Information Technology Transforms Glass Industry

Jan 31, 2024

DUBLIN, June 26, 2023 /PRNewswire/ -- The "Glass Processing Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Glass Processing Equipment estimated at US$1.8 Billion in the year 2022, is projected to reach a revised size of US$2.6 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030.

Glass Cutting, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Glass Grinding segment is readjusted to a revised 4.8% CAGR for the next 8-year period. The U.S. Market is Estimated at $369.7 Million, While China is Forecast to Grow at 5.7% CAGRThe Glass Processing Equipment market in the U.S. is estimated at US$369.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$672 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$457.7 Million by the year 2030.Select Competitors (Total 42 Featured) -

Beijing Hanjiang Automatic Glass Machinery Equipment Co., Ltd.

Benteler International AG

Biesse Group

Bottero S.p.A.

CMS Glass Machinery

Foshan Datuo Glass Machinery Co., Ltd.

Glasstech, Inc.

Glaston Corporation

HEGLA GmbH & Co. KG

Keraglass Industries S.r.l.

LandGlass Technology Co., Ltd.

LISEC Austria GmbH

OCMI-OTG S.p.A.

Shenzhen Handong Glass Machinery Co., Ltd.

Siemens AG

SK Glass Machines (India) Pvt. Ltd.

Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW

Glass Processing Equipment - Global Key Competitors Percentage Market Share in 2021 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)

Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation

As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?

World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022

Effect of Pandemic on Key End-Use Industries of Glass Processing Equipment

Construction

Global Construction Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

Automotive

Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

Electrical Equipment & Consumer Electronics

Packaging

An Introduction to Glass Processing Equipment

History of the Glass Industry

Glass Machinery and Equipment

Global Market Prospects & Outlook

World Glass Processing Equipment Market by Machine Type (2021 & 2027): Percentage Breakdown of Sales for Glass Cutting, Glass Grinding, Glass Breaking, Glass Drilling, and Other Machine Types

Analysis by End-Use

World Glass Processing Equipment Market by End-Use (2021 & 2027): Percentage Breakdown of Sales for Construction, Automotive, Consumer Electronics, Food & Beverage, and Other End-Uses

Regional Analysis

Global Market for Glass Processing Equipment: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)

Global Market for Glass Processing Equipment - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan

Competitive Scenario

Recent Market Activity

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

Energy Efficiency Redefines Equipment Engineering

Glass Processing Equipment and Industry 4.0

Rise in Digitalization Augurs Well for Adoption of Industry 4.0

Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020

AI for Machine Operations

Automotive Glass Processing Trends

Global Production Capacity of the Automobile Industry (In Million Units) by Region for the Years 2017 and 2022

Consumer Electronics: A Key End-Use Segment

Growing Market for Consumer Electronics Presents Opportunity for Glass Market: Consumer Electronics Sales in US$ Billion for the Years 2018, 2020, 2022 and 2024

Glass Pharmaceutical Packaging Market: Sustained Growth in Store Leading to Uptick in Processing Machinery Demand

Industrial IoT and Glass Processing

Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025

Information Technology for Flat Glass Processing

Information Technology Transforms Glass Industry

High-Precision Glass Processing with Innovative Technology

New Trends and Quality Standards in Glassmaking

Flat Glass Tempering Machines Market

Glass Recycling Trends

While the US Lags, Europe Leads in Glass Recycling

Machinery Innovations

Europe Witnesses a Spate of Innovations

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/rki6g

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