China Projected to Dominate the Global Glass Tempering System Market in the Near Future
“Glass Tempering System Market: Global Industry Analysis (2012-2016) And Opportunity Assessment (2017-2027)” is a new report of Future Market Insights that tracks the performance of the market for the projected period of 10 years i.e. between 2017 and 2027. The global glass tempering system market is expected to witness significant growth during the forecast period, expanding at a CAGR of 3.7% during the projected period. Growth in the global glass tempering system market can be attributed to huge investments in R&D, increasing use of hybrid guide plates, solar control glazing for automotive and building glasses, growing use of lightweight glazing glass, and increasing usage of advanced nanotechnology in glass manufacturing. According to this report, North America and APEJ are the key regions for glass tempering system market participants. In North America, the United States is investing in tempering activities, which is creating immense opportunities for glass tempering system manufacturers. Product development and establishment of long-term relationships with tempered glass OEMs is also a key to success in this market. The global market for glass tempering system is expected to be valued at US$ 94.5 Mn by 2017 end and is estimated to reach US$ 135.6 Mn by 2027 end.
Glass Tempering Systems Market
While conducting primary interviews our analysts talked with product managers of manufactu...
Global Glass Tempering System Market: Drivers
Shift towards renewable solar energy will accelerate the growth of the market
Improving construction sector especially in Latin America is fuelling the growth of the global market
Construction of energy efficient buildings and renovation of existing infrastructure is another key market driver
Global Glass Tempering System Market: Forecast by Tempering Technology
On the basis of tempering technology, the global glass tempering system market is segmented into controlled heating and quenching equipment and chemical treatment. Controlled heating and quenching equipment is further segmented into standard configuration and advanced configuration. In terms of value, the controlled heating and quenching equipment segment is anticipated to be valued at US$ 89.0 Mn by 2017 end, which is estimated to grow at a CAGR of 3.7% and reach a value of US$ 127.8 Mn by the end of 2027.
Global Glass Tempering System Market: Forecast by Application
The application segment consists of flat, bent and combined flat and bent segments. Flat segment is further segmented into continuous and oscillating segments. Oscillating type segment is expected to emerge as the most attractive segment by application over the forecast period. Combined flat and bent segment is anticipated to create incremental $ opportunity worth US$ 4.2 Mn over the forecast period.
Global Glass Tempering System Market: Forecast by End Use
By end use the market is categorized into automotive windows, architectural, electronics, solar applications and others. Architectural segment is sub-segmented into windows and doors, mirror and partitions and furniture, while electronics segment is sub-segmented into smartphone and appliances. The solar applications segment is estimated to reach US$ 1.6 Mn in 2027 from US$ 1.3 Mn in 2017. The segment is estimated to grow at a CAGR of 2.4% during the forecast period.
Global Glass Tempering System Market: Forecast by Region
Seven regions have been covered in this report and they are North America, Latin America, APEJ, Eastern Europe, Western Europe, Japan and MEA. China is expected to remain a strong market for glass tempering systems. Most of the APEJ, Eastern Europe, and Latin America buyers import glass tempering lines from China with standard configuration, due to investment constraints. North America is also projected to hold a significant share of the global glass tempering system market over the forecast period.
Global Glass Tempering System Market: Key Vendors
Glaston OYJ Abp, Luoyang Landglass Technology Co. Ltd., LiSEC Austria GmbH, Luoyang North Glass Technology Co., Ltd., Glasstech Industries (India) Private Limited, Keraglass Industries Srl, CoolTemper Ltd., HHH Tempering Resources Inc., Ratnesh International, North East Machines, Meta Therm Furnace Pvt. Ltd., Mappi International, EFCO, Saint-Gobain S.A., IGE Glass Technologies, Inc., Lambert GT Services Ltd. are some of the glass tempering system market companies profiled in the report.
Future Market Insights analysts are available to answer questions and provide more information on the global glass tempering system market. Write in to us at email@example.com
About Industrial Automation Division at Future Market Insights
The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
- Global Conveyor Systems Market
- Global Lead Acid Battery Market
- Global Magnetic Separator Market
- Produced Water Treatment Market
- Global Variable Frequency Drives Market
- Global Pharmacy Automation System Market
- Global Oil Gas Terminal Automation Market
- Industrial Robotics Market
- Lead Acid Battery Market
- Heat Recovery Steam Generator Market
- Telecom Tower Power Systems Market
- Us Plastic To Fuel Market
- Heat Pumps Market
- Centrifugal Pumps Market
- Chilled Beam System Market