Flat glass processing machinery forms an integral part of the glass industry, as it plays a crucial role in transforming glass as per the specific applications of various sectors such as construction, automotive, consumer electronics, furniture, and solar energy. An extensive range of flat glass processing machinery is used for different applications.
Market Analysis and Insights: Global Flat Glass Processing Machinery Market
Due to the COVID-19 pandemic, the global Flat Glass Processing Machinery market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Tempered accounting for % of the Flat Glass Processing Machinery global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Construction segment is altered to an % CAGR throughout this forecast period.
The construction segment accounted for the major shares and dominated the glass making machines market. The rise in number of buildings, the need for reducing energy consumption to lower operating costs, and the increased need to comply with the energy-efficiency standards set by various governments and organizations, will be major factors fueling market growth in this segment.This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period. The growth of the construction sector in the region especially in countries such as China, Japan, and India will be one of the major factors fueling market growth. Additionally, the focus of major automotive companies such as BMW, Daimler, Volvo, Ford, Hyundai, Suzuki, and Volkswagen towards expanding their production facilities in India, which will boost the growth of the automotive industry, will also fuel the growth of the market in this region.
Global Flat Glass Processing Machinery Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Flat Glass Processing Machinery Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Tempered
Laminated & Insulating
Coated
Segment by Application
Construction
Automotive
Consumer Electronics and Furniture
Solar Energy
Others
By Company
Bottero
Glaston
LiSEC
Biesse
North Glass
Leybold
Benteler
Keraglass
Shenzhen Handong Glass Machinery
Glasstech
Han Jiang
CMS Glass Machinery
Zhongshan Deway Machinery Manufacture
LandGlass
Von Ardenne
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia