Lucintel Forecasts the Global Tempered Glass Cutting Machine Market to Reach $5.3 billion by 2030
Lucintel Forecasts the Global Tempered Glass Cutting Machine Market to Reach $5.3 billion by 2030
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According to a market report by Lucintel, the future of the global tempered glass cutting machine market looks promising with opportunities in the below 100W and 100W and above markets. The global tempered glass cutting machine market is expected to reach an estimated $5.3 billion by 2030 from $3.8 billion in 2024,at a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are increasing use of smartphones and electronic gadgets and ongoing technological developments in tempered glass cutting machines, such as automation and precision enhancements.
A more than 150-page report to understand trends, opportunity and forecast in tempered glass cutting machine market to 2030 by machine power (below 100W and 100W & above), automation (semi-automatic and automatic), cut type (single piece and multiple piece), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the cut type category, single piece is expected to witness the highest growth over the forecast period due to its efficiency and widespread application in various industries.
Within the machine power category, 100W and above will remain the largest segment due to increased demand for high-power tempered glass cutting machines.
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In terms of regions APAC is expected to witness highest growth over the forecast period due to technological growth and a booming electronics market.
Anhui Glass Machinery Technology, Anhui Jingling Glass, Anhui Yinrui Glass Machinery, Beijing Pujinli Technology, Bengbu Ruifeng Glass Machinery, Biesse, Bottero, CMS Glass Machinery, Intermac, Jinan Sintech CNC Equipment are the major suppliers in the tempered glass cutting machine market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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