VALLEY COTTAGE, New York,
December 7, 2017 /PRNewswire/ --
"Glass Tempering System Market: Global Industry Analysis
(2012-2016) And Opportunity Assessment (2017-2027)" is a new report
of Future Market Insights that tracks the performance of the market
for the projected period of 10 years i.e. between 2017 and 2027.
The global glass tempering system market is expected to witness
significant growth during the forecast period, expanding at a CAGR
of 3.7% during the projected period. Growth in the global glass
tempering system market can be attributed to huge investments in
R&D, increasing use of hybrid guide plates, solar control
glazing for automotive and building glasses, growing use of
lightweight glazing glass, and increasing usage of advanced
nanotechnology in glass manufacturing. According to this report,
North America and APEJ are the key
regions for glass tempering system market participants. In
North America, the United States is investing in tempering
activities, which is creating immense opportunities for glass
tempering system manufacturers. Product development and
establishment of long-term relationships with tempered glass OEMs
is also a key to success in this market. The global market for
glass tempering system is expected to be valued at US$ 94.5 Mn by 2017 end and is estimated to reach
US$ 135.6 Mn by 2027 end.
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Global Glass Tempering System Market Drivers:
- Shift towards renewable solar energy will accelerate the growth
of the market
- Improving construction sector especially in Latin America is fuelling the growth of the
global market
- Construction of energy efficient buildings and renovation of
existing infrastructure is another key market driver
Global Glass Tempering System Market: Forecast by Tempering
Technology
On the basis of tempering technology, the global glass tempering
system market is segmented into controlled heating and quenching
equipment and chemical treatment. Controlled heating and quenching
equipment is further segmented into standard configuration and
advanced configuration. In terms of value, the controlled heating
and quenching equipment segment is anticipated to be valued at
US$ 89.0 Mn by 2017 end, which is
estimated to grow at a CAGR of 3.7% and reach a value of
US$ 127.8 Mn by the end of 2027.
Global Glass Tempering System Market: Forecast by
Application
The application segment consists of flat, bent and combined flat
and bent segments. Flat segment is further segmented into
continuous and oscillating segments. Oscillating type segment is
expected to emerge as the most attractive segment by application
over the forecast period. Combined flat and bent segment is
anticipated to create incremental $ opportunity worth US$ 4.2 Mn over the forecast period.
Preview Analysis on Global Glass Tempering System
Market Segmentation By Tempering Technology- Controlled Heating and
Quenching Equipment: Standard Configuration, Advanced
Configuration, Chemical Treatment; Application- Flat: Continuous,
Oscillating, Bent, Combined Flat and Bent, End Use- Automotive
Windows, Architectural: Windows and Doors, Mirror and Partitions,
Furniture, Electronics: Smartphone, Appliances, Solar Applications,
Others:
https://www.futuremarketinsights.com/reports/glass-tempering-systems-market
Global Glass Tempering System Market: Forecast by End
Use
By end use the market is categorized into automotive windows,
architectural, electronics, solar applications and others.
Architectural segment is sub-segmented into windows and doors,
mirror and partitions and furniture, while electronics segment is
sub-segmented into smartphone and appliances. The solar
applications segment is estimated to reach US$ 1.6 Mn in 2027 from US$ 1.3 Mn in 2017. The segment is estimated to
grow at a CAGR of 2.4% during the forecast period.
Global Glass Tempering System Market: Forecast by
Region
Seven regions have been covered in this report and they are
North America, Latin America, APEJ, Eastern Europe, Western Europe, Japan and MEA. China is expected to remain a strong market
for glass tempering systems. Most of the APEJ, Eastern Europe, and Latin America buyers import glass tempering
lines from China with standard
configuration, due to investment constraints. North America is also projected to hold a
significant share of the global glass tempering system market over
the forecast period.
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Global Glass Tempering System Market: Key
Vendors
Glaston OYJ Abp, Luoyang Landglass Technology Co. Ltd., LiSEC
Austria GmbH, Luoyang North Glass Technology Co., Ltd., Glasstech
Industries (India) Private
Limited, Keraglass Industries Srl, CoolTemper Ltd., HHH Tempering
Resources Inc., Ratnesh International, North East Machines, Meta
Therm Furnace Pvt. Ltd., Mappi International, EFCO, Saint-Gobain
S.A., IGE Glass Technologies, Inc., Lambert GT Services Ltd. are
some of the glass tempering system market companies profiled in the
report.
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