Industry Background:
The smartphone cover glass is used for the display screen. The cover glass protect front and rear panels and cameras of the smartphone. It is produced by molding, cleaning and cutting glass sheet. The cover glass is formed by molding, cleaning, and cutting of glass sheet. Technical changes and new product development have made this industry enormously dynamic, although market shares are highly concentrated in the hands of very few companies.This growth is primarily driven by Increase in the usage of smartphones
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as AvanStrate (Japan), Lens Technology (China), Biel Crystal (China), Xuhong Optoelectronic Technology (China), Shenzhen O-film (China), Corning Inc. (United States), AGC Inc. (Japan) and TPK Holding Co., Ltd. (Taiwan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2023, Belkin International, Inc. introduced the ‘ScreenForce TrueClear Curve’ screen protectors of the Samsung Galaxy S23 series. By obtaining Samsung's approval, Belkin's screen protectors for the Galaxy S23 series are recognized as authorized accessories for these devices.
In January 2023, Corning Incorporated launched that Samsung Electronics Co., Ltd. will use Corning® Gorilla® Glass Victus® 2 as part of their next generation of Galaxy flagship smartphones. Gorilla Glass Victus 2’s new glass composition delivers improved drop performance on rough surfaces like concrete, while preserving the scratch resistance of Corning® Gorilla® Glass Victus®.The competition in the smartphone market is on the edge of saturation. The manufacturers of smartphones are tapping the new opportunities in the smartphone field to retain a frequent pace of the competition and survive in the long-run. There is a continual new product launches and product-line extensions are one the key strategies followed by almost all the market players to sustain market competitiveness. Therefore, innovations in the smartphone cover glass and smartphone encouraging the consumer demand for smartphones.
Influencing Trend:
Rising Demand for Touchscreen Devices
Market Growth Drivers:
Increase in the usage of smartphones and Easy cover glass breakage
Challenges:
Changing consumer preference
Restraints:
Higher costs for aluminosilicate glass and sapphire glass can significantly affect total cover glass costs.
Opportunities:
Rising Sales of Smartphones to Stimulate Cover Glass Market
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 mainly 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 market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Smartphone Cover Glass Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Smartphone Cover Glass Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Smartphone Cover Glass players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
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
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Smartphone Cover Glass Study Sheds Light on
The Smartphone Cover Glass Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Smartphone Cover Glass industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Smartphone Cover 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.