Glazing Machine Market size was over USD 13.37 Billion in 2023 and is anticipated to reach USD 54.4 Billion by the end of 2036, witnessing around 11.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of glazing machine is assessed at USD 14.74 Billion.
Rising demand for glazing in various end-user sectors such as glass, leather, ceramic, and wood manufacturing sectors which in turn is estimated to drive market growth. Also, the need to improve the toughness, resistance to heat, and tensile modulus is estimated to promote the importance of glazing across the world influencing the market growth.
Additionally, the growing preference for energy-efficient glazing technology is anticipated to boost the glazing machine market in the coming years. The introduction of 3D technology and industry 4.0 technologies across the world is driving market growth as per the market analysis. Further, the advancements in glazing technology provide sustainable solutions propelling the growth of the market.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
11.4% |
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Base Year Market Size (2023) |
USD 13.37 Billion |
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Forecast Year Market Size (2036) |
USD 54.4 Billion |
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Regional Scope |
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The double-glazing segment is expected to surpass a significant market value in the forecast time frame owing to the rising adoption of energy-efficient glazing methods. The growth of the market segment is attributed to the rising need for glasses with reduced heat loss, high warmth, and less air leakage solution. A growing number of projects for green building and increasing focus of people to decrease energy consumption is estimated to boost the market growth. Moreover, the high insulating capacity of double-glazing materials is propelling its use in the automobile industry and construction sector which fuels market growth. The right choice of glazing prevents accidents caused by the glare of light. As of 2022, under Leadership in Energy and Environmental Design (LEED), there are more than 10 states with certification for over 1220 green building projects with about 350 million square feet.
End-User industry (Construction, Furniture & tableware, Solar & Photovoltaics, Automotive & Aerospace, Industrial)
Glazing machine market from the automotive and aerospace segment is likely to register a noteworthy revenue share in the coming years. The market segment growth is accounted for the high usage of glass in the automotive and aerospace sector for rooftops, mirrors, doors, and windows. The glass glazing in these sectors is crucial as it serves different purposes based on the installation area. The glazing in cars uses laminated glass for windshields and tempered glass for window openings to ensure the safety of the passengers which drives the market segment growth.
Our in-depth analysis of the market includes the following segments:
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Capacity |
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Type |
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End User Industry |
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North American Market Statistics
The North American glazing machine market is poised to record significant growth during the forecast period, with the increasing advancement in the technology of glazing and material science in the region. Further, the growth of the market contributed to the growing aviation sector and plastic sector during the forecast period. The growing aviation sector with an increasing number of passengers is also a reason for the market expansion. In the aviation sector in 2022, flew over 190 million passengers more than 2021, in the United States airlines.
APAC Market Analysis
Asia Pacific glazing machine market is anticipated to hold substantial revenue share during the forecast period. The increasing industrialization and rapid urbanization in the region are projected to fuel market growth. The growing investment in green building constructions and rising installations and production of solar panels with government projects to improve solar energy generation is driving the market growth. In 2022 from January to June, China generated over 30 GW of solar photovoltaic systems.
Author Credits: Richa Gupta
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