North American Market Statistics
North America industry is predicted to dominate majority revenue share of 35% by 2037, 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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