About Glass Cutting Machine
The machine used to perform precision cutting on the glass is called as glass cutting machine. Glass cutting machines can be segmented into Manual Shaped and Automatic Glass Cutting Machines. This machines are mostly used in heavy industries with large scale glass applications such as in construction and building industry, automotive industry, aerospace and defence industry and others. The growing investments in real estate projects has led to growth of the glass cutting machine market. Asia Pacific is emerging as the prominent most market of glass cutting machine.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. 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.
Luoyang North Glass Technology Co., Ltd. (China), Anhui Jingling Glass Co., Ltd. (China), Anhui Glass Machinery Technology Co., Ltd. (China), Beijing Pujinli Technology Co., Ltd. (China), Anhui Zhicheng CNC Co., Ltd. (China), CMS Glass Machinery (Turkey), Anhui Yinrui Glass Machinery Co., Ltd. (China), Bengbu Ruifeng Glass Machinery Co., Ltd. (China), LiSEC (Austria) and Sun Acrylam Private Limited (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Krishna Engineering (India), Vedant Engineering (India) and Magnopus Tech (India).
Segmentation Overview
AMA Research has segmented the market of Global Glass Cutting Machine market by Type (Manual Shaped Glass Cutting Machine and Automatic Glass Cutting Machine), Application (Square Glass, Round Glass and Shaped Glass) and Region.
On the basis of geography, the market of Glass Cutting Machine 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). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Glass Cutting Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Automotive Industry will boost the Glass Cutting Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Automatic Glass Cutting Machine are Rising in Popularity
Market Growth Drivers:
Growing Demand from Construction and Building Industry due to Growth of Real Estate Industry and Improvement in the Technology of the Machinery
Challenges:
Less Number of Skilled Labour in Developing Countries to Operate this Machines
Restraints:
High Cost of Machines
Opportunities:
Automotive Industry has Huge Opportunities over the Coming Years
Market Leaders and their expansionary development strategies
In 2021, CMS CMS S.p.A, one of the innovative glass processing company based in Italy has announced acquisition of GFP, which manufacturers cutting tables and seaming machines associated with glass processing. The acquisition will largely benefit CMS Glass Technology, in enhancing its capabilities.
In 2021, Turomas, Spanish leader in smart glass storage and cutting technology has announced launch of its new autonomous cutting table known as RUBI 406VA. The machine can cut upto 6 meter of glass. It is a fully automatous machine performing loading, cutting and automatic unloading with little or no human assistance. The machine aims at providing better returns to the fabricators for their investment in the new machine by offering better productivity.
Key Target Audience
Glass Cutting Machine Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
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.