Industry Background:
3D glass is one of the trends nowadays as people around the globe want the things to be as real as that they actually are, the rising need for smartphones with touch screen panels for 3D visions are substantially growing the market. This glass comes in various shapes and designs. These are applied to various applications. Certain manufacturers are competing on the design built type, and even the touch sensitivity. It is that in China 30 million pieces of 3D glass were needed as 3D cover glass finds its largest application in a smartphone and hence increasing the industry.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Biel Crystal (China), Henan Comyoung Electronics (China), Lens Technology (China), Shenzhen O-film Tech (China), CPT Technology (Group) Co Ltd (China), Zhejiang Firstar Panel Technology Co., Ltd (China), Triumph Science & Technology Co Ltd (China), JiangXi Holitech Technology Co., Ltd (China), G-TECH Optoelectronics Corporation (Taiwan) and Corning Inc (United States) |
This growth is primarily driven by Growing Number of Applications in various End-User Industries and Increasing Number of SmartPhones Globally.
Globally, a noticeable market trend is evident Rising Trend of Curved 3D glass in Certain Applications
Major Vendors, such as Biel Crystal (China), Henan Comyoung Electronics (China), Lens Technology (China), Shenzhen O-film Tech (China), CPT Technology (Group) Co Ltd (China), Zhejiang Firstar Panel Technology Co., Ltd (China), Triumph Science & Technology Co Ltd (China), JiangXi Holitech Technology Co., Ltd (China), G-TECH Optoelectronics Corporation (Taiwan) and Corning Inc (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 3D Glass market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
In August 2020, BASF has acquired the XSTRAND business line from Owens Corning, a global building and industrial materials leader. The scope of the acquisition entails the transfer of the brand and key IP, but does not envisage the transfer of any personnel. This acquisition will enable Forward AM to expand its portfolio with advanced glass-fiber reinforced filaments.
In July 2020, Corning Incorporated introduced its latest breakthrough in glass technology, Corning Gorilla Glass Victus. Cornings extensive consumer research has shown that improved drop and scratch performance are key components of consumer purchasing decisions.
Influencing Trend:
Rising Trend of Curved 3D glass in Certain Applications and Adoption of 5G is Pushing Forward a Change in Handset Housings to Glass and Ceramic Materials
Market Growth Drivers:
Growing Number of Applications in various End-User Industries and Increasing Number of SmartPhones Globally
Challenges:
Issues Related to the Manufacturing of this 3D Glass
Restraints:
High Cost of these Glasses and The rising cost of 3D Technology
Opportunities:
Growing application of these glasses such as in wearable devices and also finds small application in head-mounted VR devices and The adoption of 3D technology is delivering three-dimensional views of the captured images or data is giving an opportunity
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in 3D Glass Market
- Analysis about New Entrants in 3D Glass Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, 3D Glass Study Sheds Light on
The 3D Glass Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the 3D Glass industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 3D Glass industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.