You are currently viewing Global Cover Glass Market Growth to be Driven by the Heightened Adoption of Smart Devices in the Forecast Period of 2023-2028

Global Cover Glass Market Growth to be Driven by the Heightened Adoption of Smart Devices in the Forecast Period of 2023-2028

The new report by Expert Market Research titled, ‘Global Cover Glass Market Share, Size, Price, Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global cover glass market, assessing the market based on its segments like types, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include the following drivers:

The market growth is being driven by the heightened adoption of smart touch screen devices such as smartphones, smart watches, and tablets, among others. In addition to this, the increasing necessity of gorilla glass, owing to the high strength and crack resistance offered by this glass, is further propelling the market growth.

Over the forecast period, the increasing application of cover glass in the automotive industry owing to the intelligent features being incorporated in the vehicles such as GPS and interactive screen, is likely to add to the market growth. In terms of region, the Asia Pacific region accounts for a significant share of the market owing to the large population base in emerging economies such as India and China.

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Cover Glass Industry Definition and Major Segments

Cover glass is defined as thin glass covering which is mounted on microscopes, smartphones, or cameras to protect it. The shape of the glass can be square or round, among shapes, depending upon the requirement. Cover glass is mainly used to sustain the sensitivity of the screen in order to maintain the quality of user experience.

On the basis of type, the market can be segmented into:

  • Gorilla
  • Sapphire
  • Dragontrail
  • 3D Glass
  • Others

Based on application, the market has been segmented into:

  • Smartphones
  • Tablet
  • Smart Watch
  • Automotive
  • Others

The regional markets for cover glass include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Cover Glass Market Trends

The key trends in the cover glass market include the thriving e-commerce industry, which is boosting the sales of downstream products of cover glass. The increasing purchasing power of the population across the developing countries is further bolstering the demand for cover glasses. Over the forecast period, the rapid research and development activities by the major consumer electronic manufacturers aimed towards developing high-end touchscreen devices are likely to be the crucial trends in the market.

Furthermore, the market is increasing incorporation of display screens in various end-use industries and enterprises, which is likely to provide significant impetus to the market growth in the coming years.

Key Market Players

The major players in the market are Corning, Inc., AGC Inc., Schott AG, Biel Crystal Manufactory Limited, and TPK Holding Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.