Global Glass Testing Equipment Market demand is anticipated to be valued at USD 1.75 Billion in 2022, forecast to grow at a CAGR of 4.5% to be valued at USD 2.72 Billion from 2022 to 2032. Growth is attributed to the increasing use of glass testing equipment by glass merchants and building contractors.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | USD 1.67 Billion |
Projected Growth Rate (2022 to 2032) | 4.5% CAGR |
Expected Market Value (2022) | USD 1.75 Billion |
Anticipated Forecast Value (2032) | USD 2.72 Billion |
The increasing demand for glass in many end-user industries increases the demand for the glass testing equipment market. Glass testing equipment is used for the measurement of various parameters such as tension, breaking force, and rupture of glass. Glass testing equipment is majorly used by the research & development and testing departments of glass manufacturers. The glass testing equipment is used to check the durability, physical properties, and quality standard of glass.
North America is considered to be a highly lucrative market for the glass testing equipment market, driven primarily by its utilization across pharmaceutical packaging. Simultaneously, the high cost of production and the heavy weight and fragility of glass products will pose a major challenge to the growth of the market. Hence, manufacturers are striving to develop more user-friendly alternatives. This is expected to restrain market growth to a significant extent.
The increasing use of glass in automotive and construction increases the demand for the glass testing equipment market. Technological advancements in various industries also boost the demand for the glass testing equipment market.
Glass manufacturers and glass packaging industries are expected to accrue significant benefits to the global glass testing equipment market. The glass testing equipment is expected to witness significant growth in the near future.
Technological development in testing equipment new techniques are being developed to test the glass this will increase the demand for the market through forecasting years.
Although the glass testing equipment market has numerous end-uses, there are numerous obstacles that likely pose a challenge to market growth. The availability of other low-cost alternatives like plastic packaging in the food industry may restrain the growth of the glass testing equipment market. The increasing use of blister packaging and advanced secondary paper packaging in pharmaceutical packaging hinder demand for glass testing instruments.
The high cost associated with the research and development activities and the availability of alternatives is anticipated to act as a significant growth barrier to the glass testing equipment market in forthcoming years. Stringent government rules and regulations for glass used in the automotive industry propels the growth of the glass testing equipment market.
North America was the largest market for glass testing equipment market and the trend is expected to continue into the forecast period. The presence of key glass testing equipment providers in the USA supports the significant growth of the glass testing equipment market in North America. The glass testing equipment market is expected to witness high growth rates owing to the rapid industrialization in the region.
The demand for glass testing equipment increases due to the rapid demand for glass in the food & beverage sectors of the region. The region is forecast to surge at over 4.1% CAGR from 2022 to 2032. North America is expected to be the next dominant region witnessing high adoption rates for glass testing equipment during the forecast period. With the rapid development and production of glass in the region demand for glass testing equipment is anticipated to rise in the region.
According to Future Market Insights, the Asia Pacific is expected to provide immense growth opportunities for the glass testing equipment market, due to the significant investments in construction, urbanization, and industrialization in the region.
The Glass Testing Equipment market is expected to witness sustained growth over the forecast period. The growth of the glass test equipment market is driven by its wide applications in the glass industry.
Some of the key participants present in the global glass testing equipment market include Merlin Laser, GSR Laser Tools, Ceralabel-Green, Glass Technology Services Ltd., Presto, Instron, ZwickRoell, Arg International, Laser Tools, Presto Testing Instruments, Canned Instrument Ltd., and Duran Group. among others.
Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Merlin Laser, GSR Laser Tools, Ceralabel-Green, and Glass Technology Services Ltd., account for considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.
Report Attribute | Details |
---|---|
Market Value for 2022 | USD 1.75 Billion |
Market Value for 2032 | USD 2.72 Billion |
Growth Rate | CAGR of 4.5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product, End-use, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Argentina, Chili, Peru, Germany, UK, France, Spain, Italy, Russia, Benelux, China, Japan, South Korea, GCC, South Africa, Turkey |
Key Companies Profiled | Merlin Laser; GSR Laser Tools; Ceralabel-Green; Glass Technology Services Ltd.; Presto Testing Equipment; Instron; ZwickRoell; Arg International; Laser Tools; Canned Instrument Ltd.; Duran Group. |
Customization | Available Upon Request |
Table 1: Global Glass Testing Equipment Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Glass Testing Equipment Market Volume (Units) Forecast by Region, 2017-2032
Table 3: Global Glass Testing Equipment Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 4: Global Glass Testing Equipment Market Volume (Units) Forecast by Product Type, 2017-2032
Table 5: Global Glass Testing Equipment Market Value (US$ Mn) Forecast by End Use, 2017-2032
Table 6: Global Glass Testing Equipment Market Volume (Units) Forecast by End Use, 2017-2032
Table 7: North America Glass Testing Equipment Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: North America Glass Testing Equipment Market Volume (Units) Forecast by Country, 2017-2032
Table 9: North America Glass Testing Equipment Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 10: North America Glass Testing Equipment Market Volume (Units) Forecast by Product Type, 2017-2032
Table 11: North America Glass Testing Equipment Market Value (US$ Mn) Forecast by End Use, 2017-2032
Table 12: North America Glass Testing Equipment Market Volume (Units) Forecast by End Use, 2017-2032
Table 13: Latin America Glass Testing Equipment Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Latin America Glass Testing Equipment Market Volume (Units) Forecast by Country, 2017-2032
Table 15: Latin America Glass Testing Equipment Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 16: Latin America Glass Testing Equipment Market Volume (Units) Forecast by Product Type, 2017-2032
Table 17: Latin America Glass Testing Equipment Market Value (US$ Mn) Forecast by End Use, 2017-2032
Table 18: Latin America Glass Testing Equipment Market Volume (Units) Forecast by End Use, 2017-2032
Table 19: Europe Glass Testing Equipment Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 20: Europe Glass Testing Equipment Market Volume (Units) Forecast by Country, 2017-2032
Table 21: Europe Glass Testing Equipment Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 22: Europe Glass Testing Equipment Market Volume (Units) Forecast by Product Type, 2017-2032
Table 23: Europe Glass Testing Equipment Market Value (US$ Mn) Forecast by End Use, 2017-2032
Table 24: Europe Glass Testing Equipment Market Volume (Units) Forecast by End Use, 2017-2032
Table 25: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Asia Pacific Glass Testing Equipment Market Volume (Units) Forecast by Country, 2017-2032
Table 27: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 28: Asia Pacific Glass Testing Equipment Market Volume (Units) Forecast by Product Type, 2017-2032
Table 29: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) Forecast by End Use, 2017-2032
Table 30: Asia Pacific Glass Testing Equipment Market Volume (Units) Forecast by End Use, 2017-2032
Table 31: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 32: Middle East and Africa Glass Testing Equipment Market Volume (Units) Forecast by Country, 2017-2032
Table 33: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 34: Middle East and Africa Glass Testing Equipment Market Volume (Units) Forecast by Product Type, 2017-2032
Table 35: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) Forecast by End Use, 2017-2032
Table 36: Middle East and Africa Glass Testing Equipment Market Volume (Units) Forecast by End Use, 2017-2032
Figure 1: Global Glass Testing Equipment Market Value (US$ Mn) by Product Type, 2022-2032
Figure 2: Global Glass Testing Equipment Market Value (US$ Mn) by End Use, 2022-2032
Figure 3: Global Glass Testing Equipment Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Glass Testing Equipment Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Glass Testing Equipment Market Volume (Units) Analysis by Region, 2017-2032
Figure 6: Global Glass Testing Equipment Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 7: Global Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 8: Global Glass Testing Equipment Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 9: Global Glass Testing Equipment Market Volume (Units) Analysis by Product Type, 2017-2032
Figure 10: Global Glass Testing Equipment Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 11: Global Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 12: Global Glass Testing Equipment Market Value (US$ Mn) Analysis by End Use, 2017-2032
Figure 13: Global Glass Testing Equipment Market Volume (Units) Analysis by End Use, 2017-2032
Figure 14: Global Glass Testing Equipment Market Value Share (%) and BPS Analysis by End Use, 2022-2032
Figure 15: Global Glass Testing Equipment Market Y-o-Y Growth (%) Projections by End Use, 2022-2032
Figure 16: Global Glass Testing Equipment Market Attractiveness by Product Type, 2022-2032
Figure 17: Global Glass Testing Equipment Market Attractiveness by End Use, 2022-2032
Figure 18: Global Glass Testing Equipment Market Attractiveness by Region, 2022-2032
Figure 19: North America Glass Testing Equipment Market Value (US$ Mn) by Product Type, 2022-2032
Figure 20: North America Glass Testing Equipment Market Value (US$ Mn) by End Use, 2022-2032
Figure 21: North America Glass Testing Equipment Market Value (US$ Mn) by Country, 2022-2032
Figure 22: North America Glass Testing Equipment Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 23: North America Glass Testing Equipment Market Volume (Units) Analysis by Country, 2017-2032
Figure 24: North America Glass Testing Equipment Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 25: North America Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 26: North America Glass Testing Equipment Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 27: North America Glass Testing Equipment Market Volume (Units) Analysis by Product Type, 2017-2032
Figure 28: North America Glass Testing Equipment Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 29: North America Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 30: North America Glass Testing Equipment Market Value (US$ Mn) Analysis by End Use, 2017-2032
Figure 31: North America Glass Testing Equipment Market Volume (Units) Analysis by End Use, 2017-2032
Figure 32: North America Glass Testing Equipment Market Value Share (%) and BPS Analysis by End Use, 2022-2032
Figure 33: North America Glass Testing Equipment Market Y-o-Y Growth (%) Projections by End Use, 2022-2032
Figure 34: North America Glass Testing Equipment Market Attractiveness by Product Type, 2022-2032
Figure 35: North America Glass Testing Equipment Market Attractiveness by End Use, 2022-2032
Figure 36: North America Glass Testing Equipment Market Attractiveness by Country, 2022-2032
Figure 37: Latin America Glass Testing Equipment Market Value (US$ Mn) by Product Type, 2022-2032
Figure 38: Latin America Glass Testing Equipment Market Value (US$ Mn) by End Use, 2022-2032
Figure 39: Latin America Glass Testing Equipment Market Value (US$ Mn) by Country, 2022-2032
Figure 40: Latin America Glass Testing Equipment Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 41: Latin America Glass Testing Equipment Market Volume (Units) Analysis by Country, 2017-2032
Figure 42: Latin America Glass Testing Equipment Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 43: Latin America Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 44: Latin America Glass Testing Equipment Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 45: Latin America Glass Testing Equipment Market Volume (Units) Analysis by Product Type, 2017-2032
Figure 46: Latin America Glass Testing Equipment Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 47: Latin America Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 48: Latin America Glass Testing Equipment Market Value (US$ Mn) Analysis by End Use, 2017-2032
Figure 49: Latin America Glass Testing Equipment Market Volume (Units) Analysis by End Use, 2017-2032
Figure 50: Latin America Glass Testing Equipment Market Value Share (%) and BPS Analysis by End Use, 2022-2032
Figure 51: Latin America Glass Testing Equipment Market Y-o-Y Growth (%) Projections by End Use, 2022-2032
Figure 52: Latin America Glass Testing Equipment Market Attractiveness by Product Type, 2022-2032
Figure 53: Latin America Glass Testing Equipment Market Attractiveness by End Use, 2022-2032
Figure 54: Latin America Glass Testing Equipment Market Attractiveness by Country, 2022-2032
Figure 55: Europe Glass Testing Equipment Market Value (US$ Mn) by Product Type, 2022-2032
Figure 56: Europe Glass Testing Equipment Market Value (US$ Mn) by End Use, 2022-2032
Figure 57: Europe Glass Testing Equipment Market Value (US$ Mn) by Country, 2022-2032
Figure 58: Europe Glass Testing Equipment Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 59: Europe Glass Testing Equipment Market Volume (Units) Analysis by Country, 2017-2032
Figure 60: Europe Glass Testing Equipment Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 61: Europe Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 62: Europe Glass Testing Equipment Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 63: Europe Glass Testing Equipment Market Volume (Units) Analysis by Product Type, 2017-2032
Figure 64: Europe Glass Testing Equipment Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 65: Europe Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 66: Europe Glass Testing Equipment Market Value (US$ Mn) Analysis by End Use, 2017-2032
Figure 67: Europe Glass Testing Equipment Market Volume (Units) Analysis by End Use, 2017-2032
Figure 68: Europe Glass Testing Equipment Market Value Share (%) and BPS Analysis by End Use, 2022-2032
Figure 69: Europe Glass Testing Equipment Market Y-o-Y Growth (%) Projections by End Use, 2022-2032
Figure 70: Europe Glass Testing Equipment Market Attractiveness by Product Type, 2022-2032
Figure 71: Europe Glass Testing Equipment Market Attractiveness by End Use, 2022-2032
Figure 72: Europe Glass Testing Equipment Market Attractiveness by Country, 2022-2032
Figure 73: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) by Product Type, 2022-2032
Figure 74: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) by End Use, 2022-2032
Figure 75: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) by Country, 2022-2032
Figure 76: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 77: Asia Pacific Glass Testing Equipment Market Volume (Units) Analysis by Country, 2017-2032
Figure 78: Asia Pacific Glass Testing Equipment Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 79: Asia Pacific Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 80: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 81: Asia Pacific Glass Testing Equipment Market Volume (Units) Analysis by Product Type, 2017-2032
Figure 82: Asia Pacific Glass Testing Equipment Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 83: Asia Pacific Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 84: Asia Pacific Glass Testing Equipment Market Value (US$ Mn) Analysis by End Use, 2017-2032
Figure 85: Asia Pacific Glass Testing Equipment Market Volume (Units) Analysis by End Use, 2017-2032
Figure 86: Asia Pacific Glass Testing Equipment Market Value Share (%) and BPS Analysis by End Use, 2022-2032
Figure 87: Asia Pacific Glass Testing Equipment Market Y-o-Y Growth (%) Projections by End Use, 2022-2032
Figure 88: Asia Pacific Glass Testing Equipment Market Attractiveness by Product Type, 2022-2032
Figure 89: Asia Pacific Glass Testing Equipment Market Attractiveness by End Use, 2022-2032
Figure 90: Asia Pacific Glass Testing Equipment Market Attractiveness by Country, 2022-2032
Figure 91: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) by Product Type, 2022-2032
Figure 92: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) by End Use, 2022-2032
Figure 93: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) by Country, 2022-2032
Figure 94: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 95: Middle East and Africa Glass Testing Equipment Market Volume (Units) Analysis by Country, 2017-2032
Figure 96: Middle East and Africa Glass Testing Equipment Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 97: Middle East and Africa Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 98: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 99: Middle East and Africa Glass Testing Equipment Market Volume (Units) Analysis by Product Type, 2017-2032
Figure 100: Middle East and Africa Glass Testing Equipment Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 101: Middle East and Africa Glass Testing Equipment Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 102: Middle East and Africa Glass Testing Equipment Market Value (US$ Mn) Analysis by End Use, 2017-2032
Figure 103: Middle East and Africa Glass Testing Equipment Market Volume (Units) Analysis by End Use, 2017-2032
Figure 104: Middle East and Africa Glass Testing Equipment Market Value Share (%) and BPS Analysis by End Use, 2022-2032
Figure 105: Middle East and Africa Glass Testing Equipment Market Y-o-Y Growth (%) Projections by End Use, 2022-2032
Figure 106: Middle East and Africa Glass Testing Equipment Market Attractiveness by Product Type, 2022-2032
Figure 107: Middle East and Africa Glass Testing Equipment Market Attractiveness by End Use, 2022-2032
Figure 108: Middle East and Africa Glass Testing Equipment Market Attractiveness by Country, 2022-2032
FMI projects the global glass testing equipment market to expand at 4.5% value CAGR by 2032.
North America is expected to be the most opportunistic glass testing equipment market, expanding at a 4.1% CAGR.
Merlin Laser, GSR Laser Tools, Ceralabel-Green, and Glass Technology Services Ltd., are some prominent glass testing equipment manufacturers.
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