26th August 2019 – The global 3D Glass Market is anticipated to grow at a significant CAGR of 21.4% during the forecast period. The market is driven by rise in penetration of smartphones. The display used for smartphones comprises 3D glass that also enables virtual reality environment. Additional factors such as rise in production of camera lenses, wearable devices and demand for form factors in the virtual reality space is more likely to trigger the market growth. On the other hand, 3D glass is used in TV screens and home theatres to enable a better user experience.
By type, the 3D Glass market is segmented as 3D back cover glass and display glass. By application, the market is segmented as wearable devices, televisions, virtual reality headset and smartphones. Production material for 3D Glass market is segmented as polishing material, coating material and glass substrate.
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Leading players of 3D Glass including:
- Lens Technology Co Ltd
- CPT Technology (Group) Co Ltd
- BYD Electronic Company Limited
- Henan Comyoung Electronics Co., Ltd
- G-TECH Optoelectronics Corporation
Report contents include
- Analysis of the 3d glass market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on 3d glass including products, sales/revenues, and market position
- Market structure, market drivers and restraints.
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Geographical segmentation for the market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific region is at the forefront in the international market due to the presence of smartphone manufacturers with innovative ideas. Rise in penetration of smartphone is a major reason for market growth. Other factors such as rise in use of 3D glass for building façade is likely to propel the market growth.
North America and European regions are more likely to witness a robust CAGR during the forecast period due to presence of industrial infrastructure and demand for 3D glass. The product finds extensive use for building facades in commercial and residential construction projects. Middle East and African market is more likely to have a competitive advantage in terms of supply owing to availability of raw materials and glass finishing industries.