Glazing Machine Market Trends

  • Report ID: 5004
  • Published Date: Aug 01, 2024
  • Report Format: PDF, PPT

Glazing Machine Market Trends

Growth Drivers

  • Increasing Glass Industry across the World with Growing Applications – Glass is utilized in the construction sector, automobile industry, solar panels, machinery building, and healthcare sector which hikes the demand for the glazing machine market. The global consumption of glass in 2022 was estimated to be 200 million tonnes per annum excluding the glass used in fiber, art, specialty glasses, and secondary sectors.
  • Rising Demand in Furniture Sector owing to a High Preference for Glazed Materials – Furniture such as tea tables, office tables, shower doors, shelves, and other interiors involves glass designs to enhance the appearance of the furniture. Glazing in furniture glass helps to make glass translucent, and opaque, enhances natural light, and aesthetics boosting the glazing machine market.
  • Growing Use of Solar Panels by People to Reduce Electricity Consumption – Increasing preference for climate-friendly energy sources to produce heat and electricity by the people is anticipated to fuel the glazing machine market growth. The solar panels are glazed with solar glazing techniques to promote dual functions to generate heat and shade at a time by using laminated glass and photovoltaics.

Challenges

  • Safety Hazard for People Using Glazed Materials – Glazing of metal utensils can leak metal into the foods and drinks and carries bacteria in edged pieces which is harmful to health. Also, the glazed glass is at risk of breakage, contamination, falling, and changing color. These are the estimated reasons for the inhibition of market growth.
  • Disturbs the Final Optical Appearance of the Restoration
  • Does not Offer Good Insulation

Glazing Machine Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

11.4%

Base Year Market Size (2023)

 USD 13.37 Billion

Forecast Year Market Size (2036)

 USD 54.4 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Richa Gupta


  • Report ID: 5004
  • Published Date: Aug 01, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of glazing machine is assessed at USD 14.74 Billion.

The 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. Increasing usage of solar panels and the rising glass industry are the major factors driving the market growth.

North America industry is poised to record significant growth till 2036, due to increasing advancement in the technology of glazing and material science in the region.

Bosch Rexroth AG, Jinan Sinon CNC Machine Co., Ltd., Forel SPA, Thermoseal Group, Takeuchi Manufacturing Co., Ltd., CMS Glass Machinery, LiSEC, HILGENBERG GMBH, WALTEC, Heye International
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