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

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

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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% CAGR

The 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. METHODOLOGY

II. EXECUTIVE SUMMARY

1. 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 PLAYERS

3. 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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