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Glass Processing Equipment - Global Market Trajectory & Analytics

  • ID: 4805033
  • Report
  • February 2022
  • Region: Global
  • 332 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Benteler International AG
  • Biesse Group
  • Bottero S.p.A.
  • CMS Glass Machinery
  • Glasstech, Inc.
  • Glaston Corporation

Global Glass Processing Equipment Market to Reach US$2.1 Billion by the Year 2026


As a widely popular packaging material, glass is used to package food, pharmaceuticals, drugs, and beverages. Growth in the global market is set to be driven by factors such as an increase in construction activities and escalating glass packaging demand. Glass has gained traction in the construction industry because of its ability to lower costs and ensure energy efficiency in buildings. As a result, an increasing number of buildings are adopting curtain walls to replace traditional walls. Furthermore, growth in green building activity is driving demand for energy-efficient Low-E glass that helps reduce carbon emissions. Demand for low-cost and energy-efficient glass manufacturing is fueled by organizations around the world promoting and utilizing green construction. Technological advances are widening the range of glass characteristics, particularly in terms of weight and strength. Since the food and beverage sector widely uses glass packaging, the industry boom is also spurring growth in the global glass processing equipment market. Known for being environmentally friendly, glass is also gaining prominence in manufacturing facilities for safeguarding equipment.

Amid the COVID-19 crisis, the global market for Glass Processing Equipment estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2026, growing at a CAGR of 4.5% over the analysis period. Glass Cutting, one of the segments analyzed in the report, is projected to grow at a 5.3% CAGR to reach US$832.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Glass Grinding segment is readjusted to a revised 4.5% CAGR for the next 7-year period. This segment currently accounts for a 23.1% share of the global Glass Processing Equipment market.



The U.S. Market is Estimated at $356.3 Million in 2021, While China is Forecast to Reach $533 Million by 2026


The Glass Processing Equipment market in the U.S. is estimated at US$356.3 Million in the year 2021. The country currently accounts for a 20.9% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$533 Million in the year 2026 trailing a CAGR of 5.3% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR while Rest of European market (as defined in the study) will reach US$80.7 Million by the end of the analysis period. Asia-Pacific (including China and Japan) dominates the global glass processing equipment market owing to accelerating investments in several end-user industries along with the increasing adoption of glass processing in many sectors, particularly the construction, automotive and food & beverages industries.

Glass Breaking Segment to Reach $359.4 Million by 2026


In the global Glass Breaking segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$201.9 Million in the year 2020 will reach a projected size of US$263.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$64 Million by the year 2026, while Latin America will expand at a 4.4% CAGR through the analysis period.

Select Competitors (Total 42 Featured) -

  • Beijing Hanjiang Automatic Glass Machinery Equipment Co., Ltd.
  • Benteler International AG
  • Biesse Group
  • Bottero S.p.A.
  • CMS Glass Machinery
  • Foshan Datuo Glass Machinery Co., Ltd.
  • Glasstech, Inc.
  • Glaston Corporation
  • HEGLA GmbH & Co. KG
  • Keraglass Industries S.r.l.
  • LandGlass Technology Co., Ltd.
  • LISEC Austria GmbH
  • OCMI-OTG S.p.A.
  • Shenzhen Handong Glass Machinery Co., Ltd.
  • Siemens AG
  • SK Glass Machines (India) Pvt. Ltd.
Frequently Asked Questions about the Global Market for Glass Processing Equipment

What is the estimated value of the Global Market for Glass Processing Equipment?

The Global Market for Glass Processing Equipment was estimated to be valued at $1.6 Billion in 2020.

What is the growth rate of the Global Market for Glass Processing Equipment?

The growth rate of the Global Market for Glass Processing Equipment is 4.6%, with an estimated value of $2.1 Billion by 2026.

What is the forecasted size of the Global Market for Glass Processing Equipment?

The Global Market for Glass Processing Equipment is estimated to be worth $2.1 Billion by 2026.

Who are the key companies in the Global Market for Glass Processing Equipment?

Key companies in the Global Market for Glass Processing Equipment include Beijing Hanjiang Automatic Glass Machinery Equipment Co., Ltd., Benteler International AG, Biesse Group, Bottero S.p.A., CMS Glass Machinery, Foshan Datuo Glass Machinery Co., Ltd., Glasstech, Inc., Glaston Corporation and Keraglass Industries S.r.l..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Benteler International AG
  • Biesse Group
  • Bottero S.p.A.
  • CMS Glass Machinery
  • Glasstech, Inc.
  • Glaston Corporation

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Glass Processing Equipment – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Effect of Pandemic on Key End-Use Industries of Glass Processing Equipment
  • Construction
  • Global Construction Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Automotive
  • Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Electrical Equipment & Consumer Electronics
  • Packaging
  • An Introduction to Glass Processing Equipment
  • History of the Glass Industry
  • Glass Machinery and Equipment
  • Global Market Prospects & Outlook
  • World Glass Processing Equipment Market by Machine Type (2021 & 2027): Percentage Breakdown of Sales for Glass Cutting, Glass Grinding, Glass Breaking, Glass Drilling, and Other Machine Types
  • Analysis by End-Use
  • World Glass Processing Equipment Market by End-Use (2021 & 2027): Percentage Breakdown of Sales for Construction, Automotive, Consumer Electronics, Food & Beverage, and Other End-Uses
  • 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

2. FOCUS ON SELECT PLAYERS

3. 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
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
  • AI for Machine Operations
  • Automotive Glass Processing Trends
  • Global Production Capacity of the Automobile Industry (In Million Units) by Region for the Years 2017 and 2022
  • Consumer Electronics: A Key End-Use Segment
  • Growing Market for Consumer Electronics Presents Opportunity for Glass Market: Consumer Electronics Sales in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • Glass Pharmaceutical Packaging Market: Sustained Growth in Store Leading to Uptick in Processing Machinery Demand
  • Industrial IoT and Glass Processing
  • Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025
  • 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

4. GLOBAL MARKET PERSPECTIVE

  • Global Market Prospects & Outlook

III. MARKET ANALYSIS

UNITED STATES

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAIN


RUSSIA


REST OF EUROPE

ASIA-PACIFIC

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)

SOUTH KOREA


REST OF ASIA-PACIFIC

LATIN AMERICA

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINA


BRAZIL


MEXICO


REST OF LATIN AMERICA

MIDDLE EAST

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

AFRICA

  • Glass Processing Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Beijing Hanjiang Automatic Glass Machinery Equipment Co., Ltd.
  • Benteler International AG
  • Biesse Group
  • Bottero S.p.A.
  • CMS Glass Machinery
  • Foshan Datuo Glass Machinery Co., Ltd.
  • Glasstech, Inc.
  • Glaston Corporation
  • HEGLA GmbH & Co. KG
  • Keraglass Industries S.r.l.
  • LandGlass Technology Co., Ltd.
  • LISEC Austria GmbH
  • OCMI-OTG S.p.A.
  • Shenzhen Handong Glass Machinery Co., Ltd.
  • Siemens AG
  • SK Glass Machines (India) Pvt. Ltd.
Note: Product cover images may vary from those shown