3D Glass Market Company Profiles, Market Segments, Landscape, Demand and Forecast – 2027 | Impact of COVID-19
Research Reports
Feb 01, 2022
As per the Market Research Future (MRFR) analysis, the global 3D glass market is poised to register a valuation of USD 3 billion at a CAGR of 33% from 2017 to 2023 (forecast period). The 3D Glass Industry report provides a summary of the current advancement in the 3D glass industry. In addition, the report also discusses the impact of the novel COVID-19 pandemic on the 3D glass industry.
The smartphone, with a touch display pad, is rising exponentially. There is a cover glass, usually made of glass, high-quality fiber, or plastic, which is intended to cover the mobile display and touch system underneath. These are available in different types to house the design of a smartphone or other wearable device, especially in the case of mobile phones. Such type factors are known as 2D, 2.5D, and 3D representing the glass’s shape and how the glass is covered with the display and touch system. The cover glass is applied to the display to provide a level of protection from the front and rear panels, including the cameras.
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Generally, the cover glass is made by molding, cleaning, and cutting glass sheets. The mobile case is the back cover of a mobile that is made using some of the metals. Nevertheless, glass and ceramic are emerging components that gradually penetrate the smartphone.
Market Segmentation
The global 3D Glass Market has been segmented into type, application, and production material.
Based on type, the global 3D glass market has been segmented into 3D display glass and 3D back cover glass.
Based on application, the global 3D glass market has been segmented into smartphones, wearable devices, televisions, virtual reality headset, and others.
Based on the production material, the global 3D glass market has been segmented into the glass substrate, polishing material, coating material, and others.
Market Dynamics
Smartphone manufacturers are encouraging the suppliers of touch panels to develop improved cover glass shapes, and design as smartphone manufacturers compete on design-built types, design, and touch sensitivity. The 3D glass cover finds its most extensive use on a smartphone. Another significant factor of the growth of the 3D glass market is smartphone-based augmented reality and virtual reality headsets, which appear to include 3D holographic technology in smartphones. This technology is becoming one of its kind, and several businesses are vying to take a large part of the market. The AR smartphone experience is at its stage of growth, and the AR headsets are being recognized each day with a great potential for the global 3D glass market. With the use of AR-enabled products, the glass cover is split into the 2D glass, 2.5D glass, and 3D glass. 2.5D glass is the middle of the plane, but the edge is a curved design based on 2D and 2.5D. With a clear three-dimensional sense, 3D glass has a better surface fit, more display space, more aesthetic, and more symmetrical.
Some cell phone vendors, such as Samsung, Huawei, Vivo, Coolpad, and Xiaomi, have already introduced mid-and high-end 3D glass-covered smartphones. Apple launched iPhone8, iPhone8 Plus, and iPhone X in September 2017, where OLED+3D dual-curved glass was used, bringing new impetus to the 3D glass manufacturing industry. In comparison to 3D front cover glass, 3D back cover glass can also be applied to non-flexible displays. Many smartphone manufacturers use 3D glass in their products to have a combination of 2.5D front cover glass, and 3D back cover glass.
Regional Analysis
Based on the region, the global 3D glass market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
The Asia Pacific region dominates the global market for 3D glass. This region is the hub for the manufacture of smartphones, which, in effect, appears to be the most extensive application for 3D glass. Most smartphone manufacturers are currently installing 2.5D glass on their smartphones and are expected to introduce 3D glass on any smartphone range. Companies like Apple and Samsung have already mounted 3D glass on their smartphones. Another major factor contributing to the growth of the 3D glass market in the Asia Pacific is the growing penetration of smartphones in countries such as India, China, and parts of Southeast Asia.
North America is the second-largest region in the global market for 3D glass.
Key Players
Some of the key participants identified by MRFR operating in this market are Lens Technology (China), Triumph Science & Technology Co Ltd (China), Zhejiang Firstar Panel Technology Co., Ltd (China), JiangXi Holitech Technology Co., Ltd (China), CPT Technology (Group) Co Ltd (China),Dongguan RBD Technology Co., Ltd (China), G-TECH Optoelectronics Corporation (Taiwan), Shenzhen O-film Tech (China), BYD Electronic Company Limited (China), Henan Comyoung Electronics Co., Ltd (China), and Corning Inc (U.S.) among others.
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