3D Glass market is estimated to grow at a CAGR of 33% during the forecast period 2024-2030

Pune, India, January 31, 2018, MRFR Press Release/- Market Research Future published a half cooked research report on global 3D Glass market.

3D Glass Market Highlights:

3D glass or 3D cover glass is a special type of glass plate or covering that is applied to the devices such as mobile screens, wearable devices, and sometimes on television. The 3d glass is mostly used in smartphones for features such as a high-resolution display, playing games, and virtual reality applications. As smartphone makers are having a close competition on the form factor, design, palm friendliness, and touch sensitivity, smartphone makers are encouraging touch panel suppliers to develop improved cover glass shapes. 3D glass refers to the curved glass with arc shape design either in the middle of the display or at the edges. The 3D glass market advances along with the development of flexible AMOLED technology.

Key players:

Some of the prominent players in the market are Lens Technology (China), CPT Technology (Group) Co Ltd (China), Zhejiang Firstar Panel Technology Co., Ltd (China), Shenzhen O-film Tech (China), Triumph Science & Technology Co Ltd (China), JiangXi Holitech Technology Co., Ltd (China), G-TECH Optoelectronics Corporation (Taiwan), Corning Inc (U.S.), Dongguan RBD Technology Co., Ltd (China), BYD Electronic Company Limited (China), and Henan Comyoung Electronics Co., Ltd (China) among others.

Asia Pacific region is the major player in the global 3D glass market. This region is the hub of smartphone manufacturing, which, in turn, tends to be the largest application of the 3D glass. At present, many smartphone manufacturers have already installed 2.5D glass on their smartphones and planning to implement 3D glass on every smartphone range. Few Companie such as Apple and Samsung have already installed 3D glass on their high-end smartphones. Another major factor driving the growth of the 3D glass market in the Asia Pacific is increasing smartphone penetration in countries like India, China, and parts of South East Asia. Chinese enterprises dominate the supply pattern of the global 3D glass processing market occupied by Biel Crystal Manufactory and Lens Technology. China is the major market for 3D glass in the world a large number of smartphones manufacturer in this region are adopting 3D cover and back glass. A rising demand for smartphone 3D glass has boosted the growth of the Shenzhen O-film Tech, Triumph Science & Technology, Suzhou Victory Precision Manufacture and BYD Electronic by expanding their presence in 3D curved glass field.

North America is the second largest region in the global 3D glass market. This region is consists of few developed countries like the U.S. and Canada, which has the largest penetration of high-end smartphones. As the standard of living and disposable income is higher in these countries, the people are adopting the newer technologies in terms of display, resolution, and quality. Another factor is the rising mobile technology in media and entertainment industry. At present, a large proportion of online videos, games, images are streamed in high quality on smartphones, giving the 3D glass market an opportunity to grow.