About Glass Bending Furnaces
A glass bending furnace is designed to create J- and R-shaped tempered glass, and is ideal for bus side windows, shower stalls, architectural applications, furniture, appliances, and more. These furnaces are available in various sizes like 5ftx8ft, 5ftx9ft, 7ftx10ft, and more. All these furnaces are very economical in operation due to gas heating and require practically no electrical power except controls. The heating cycle is automatically controlled by Profile PID temperature controllers.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.9% |
The global glass bending furnace market is fragmented in nature. The manufacturers are designing the furnace with new technology adoption and innovating new research and development activities. Moreover, they are adopting strategies such as mergers and acquisitions, partnership, collaboration to gain the competitive advantage over the competitors in the market. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kerone (India), Mappi International Srl (Italy), Eliog Industrial (Germany), CTM S.r.l (Italy), HHH Tempering Resourse (India), Omega Furnaces Pvt. Ltd. (India), Heattek (Netherlands), Taifin Glass Machinery (Finland), LandGlass (China) and Sagertec Technology (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Yuntong Glass Mech-Electro Technology Co., Ltd (China).
Segmentation Overview
AMA Research has segmented the market of Global Glass Bending Furnaces market by Type (Vertical Type and Horizontal Type), Application (Building & Construction, Architectural Applications, Automobiles, Home Appliances, Solar Energy Industries and Others) and Region.
On the basis of geography, the market of Glass Bending Furnaces has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Size, the sub-segment i.e. 5ft x 8ft will boost the Glass Bending Furnaces market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Glass Bending Furnaces market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Use of Flexible Shaft Arc-forming Technology
Market Growth Drivers:
Increasing Demand for Glass of Different Sizes in the End-Use Industry and Rapid Industrialisation and Construction Activities in the Emerging Economies
Challenges:
Chances of Labour Injury
Restraints:
High Cost of the Glass Bending Furnace
Opportunities:
Technological Advancements in Designing the Furnace such as Use of PID Controllers, and JetConvection Technology
Market Leaders and their expansionary development strategies
In January 2023, Glaston Corporation, a Finnish supplier of glass processing technology, announced the acquisition of Tamglass Oy, a Finnish manufacturer of tempering furnaces and other glass processing equipment.
In September 2021, Glaston Corporation launched its latest generation of tempering furnaces, the FC Tempest series, which features faster processing times and lower energy consumption.
Key Target Audience
Glass Bending Furnaces Manufacturers, Raw Material Suppliers, Potential Investors, Industrial Bodies and Associations, End User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.