Dublin, Feb. 15, 2024 (GLOBE NEWSWIRE) -- The "Glass Processing Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Glass Processing Equipment Market to Reach $2.6 Billion by 2030
The global market for Glass Processing Equipment estimated at US$1.8 Billion in the year 2022, is projected to reach a revised size of US$2.6 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Glass Cutting, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Glass Grinding segment is estimated at 4.8% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $369.7 Million, While China is Forecast to Grow at 5.7% CAGR
The Glass Processing Equipment market in the U.S. is estimated at US$369.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$672 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 332 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.8 Billion |
| Forecasted Market Value (USD) by 2030 | $2.6 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
MARKET OVERVIEW
- Electrical Equipment & Consumer Electronics
- Packaging
- An Introduction to Glass Processing Equipment
- History of the Glass Industry
- Glass Machinery and Equipment
- Global Market Prospects & Outlook
- Analysis by End-Use
- Regional Analysis
- Global Market for Glass Processing Equipment: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
- Global Market for Glass Processing Equipment - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
- Competitive Scenario
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Energy Efficiency Redefines Equipment Engineering
- Glass Processing Equipment and Industry 4.0
- Rise in Digitalization Augurs Well for Adoption of Industry 4.0
- AI for Machine Operations
- Automotive Glass Processing Trends
- Consumer Electronics: A Key End-Use Segment
- Growing Market for Consumer Electronics Presents Opportunity for Glass Market
- Glass Pharmaceutical Packaging Market: Sustained Growth in Store Leading to Uptick in Processing Machinery Demand
- Industrial IoT and Glass Processing
- Information Technology for Flat Glass Processing
- Information Technology Transforms Glass Industry
- High-Precision Glass Processing with Innovative Technology
- New Trends and Quality Standards in Glassmaking
- Flat Glass Tempering Machines Market
- Glass Recycling Trends
- While the US Lags, Europe Leads in Glass Recycling
- Machinery Innovations
- Europe Witnesses a Spate of Innovations
FOCUS ON SELECT PLAYERS (Total 42 Featured)
- Siemens AG
- Eirich Machines, Inc.
- BIESSE S.P.A.
- Feeco International, Inc.
- VON ARDENNE GmbH
- Glaston Group
- BOTTERO S.p.A.
- CMS Glass Machinery
- LandGlass Technology (LandVac)
- LiSEC Austria GmbH
- Zhongshan Deway Machinery Manufacture Co., Ltd.
- Mekra Lang GmbH & Co. Kg
- AdValue Photonics Inc.
- Sintokogio, Limited
For more information about this report visit https://www.researchandmarkets.com/r/s8xcoz
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