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Due to factory closures, supply chain obstructions and the global economic slump, the overall market breakdown caused by COVID-19 is also impacting market growth. Revenues get decreased in 2020 but on other hand it is expected to steadily increase beginning in 2021.
Companies optimizing their operation and strategy will sustain and beat the competition and fulfilling the increasing demand. Glazing Machine Market will grow in the medium term with a rapid growth projection in the long run.
Glazing Machine Market Dynamics
Enhancement of aesthetic and functional features of glass such as heat emissivity, light reflection, absorption by respective end users is expected to incur glazing machines to a high degree.
For instance, in automobiles, the use of polycarbonate in headlights as well as the increasing acceptance of sunroof and rear quarter glass-equipped premium automotive vehicles are driving the market ahead.
The glazing machine market is also flourishing due to rising demand for complicated glazing designs and lightweight automobiles. Original equipment manufacturer have also boosted the use of lightweight materials in automobile components to reduce total vehicle weight. The vehicle’s weight is reduced, its fuel economy improves considerably. Not only will this increase in fuel efficiency benefit automobile owners, but it will also help manufacturers fulfil their fleet-level pollution targets.
Another major end use of glazed glass is being witnessed in construction sector where glass facades and BIPV modules are being installed at a hefty rate. To fulfill the material requirement, glazing machine will be used to a profound extent by glass manufacturers.
Conventionally, semi-automatic and manual supervision prototypes of the machine was introduced, which subsequently is likely to shift towards fully automated machines upcoming years.
Asia Pacific Market Overview
The glazing machine equipment in Asia pacific is expected to grow at the highest rate in following years. Due to robust growth in building and construction industry the region, is expected to be a leading center for glazing machine manufacture and sales in recent years. The rising global economy will result in increased demand in developing countries such as the China, India, ASEAN as well as Australia and Japan, as well as increased revenue and growth.
Despite a severe economic downturn, the Automatic Glazing Machine Market has recovered by implementing new tactics and developing new capabilities. On both a regional and global scale, the market has begun to look for other funding sources and business models in order to stay afloat.
Europe Demand Scenario
Construction, Automotive and Photovoltaics industries are expected to lead the forefront of regional market growth of the machine. The market growth of Glazing machine in Europe is expected to be driven by Germany, U.K., Italy and France in the upcoming years.
North America Market Growth Outlook
The smart manufacturing market in North America is moderately competitive, with several major players. The market’s major players are concentrating their efforts on expanding their customer base to include foreign countries. In terms of adoption of key technological innovations, the United States has traditionally been a forerunner. The government has provided the subsidies and tax breaks to encourage the use of cost-efficient systems.
Increased need for automation to improve efficiency and quality, the requirement for compliance and government support for digitalization, and the development of the Internet of Things are all important drivers influencing market growth. The manufacturers across industries in North America are laying the groundwork for progress by boosting their engagement levels. Hence the future of this industry seen very progressive and revenue oriented.
Who are the Key Manufacturers and Suppliers of Glazing Machine?
Key examples of the device include
- Bosch Rexroth AG
- Jinan Sinon CNC Machine Co.,Ltd.
- Forel SPA
- Thermoseal group
- Takeuchi Manufacturing Co., Ltd.
- CMS Glass Machinery
- LISEC amongst others
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Glazing Machine Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Key Segments
By Capacity:
- upto 50 Units/H
- 50 -100 Units/H
- Over 100 Units/H
By Type:
- Single Glazing Machine
- Double Glazing Machine
By End-use Industry:
- Construction
- Furniture & tableware
- Solar & Photovoltaics
- Automotive & Aerospace
- Industrial
By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Europe
- Germany, Italy, France, U.K., Spain, BENELUX, Russia
- South Asia Pacific
- India, ASEAN, Australia and New Zealand (ANZ)