NEW YORK, Nov. 17, 2021 /PRNewswire/ -- The glass processing equipment market is expected to grow by USD 315.05 million from 2020 to 2025, progressing at a CAGR of 4.41% according to the latest report by Technavio.
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Glass Processing Equipment Market 2021-2025: Vendors Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Benteler International AG, Biesse SpA, Bottero SpA, CMS Glass Machinery, Glaston Oyj Abp, HEGLA GmbH & Co. KG, IGE Glass Technologies, Inc., LandGlass Technology Co., Ltd., LISEC Holding GmbH, and OCMI OTG SpA are some of the major market participants.
We provide a detailed analysis of around 25 vendors operating in the Glass Processing Equipment Market. Backed with competitive intelligence and benchmarking, our research reports on the Glass Processing Equipment Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Glass Processing Equipment Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our glass processing equipment market report covers the following areas:
Glass Processing Equipment Market 2021-2025: Drivers & Challenges
The growth of the construction sector, stringent workplace safety standards, and the growing use of energy-efficient glass will offer immense growth opportunities for Glass Processing Equipment Market. However, the shortage of skilled operators will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Glass Processing Equipment Market 2021-2025: Segmentation
Glass Processing Equipment Market 2021-2025: Key Regions
53% of the market's growth will originate from APAC during the forecast period. China, India, and Indonesia are the key markets for glass processing equipment in the region.
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Glass Processing Equipment Market 2021-2025: Key Highlights
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Glass Processing Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.41% |
Market growth 2021-2025 |
USD 315.05 million |
Market structure |
Fragmented |
YoY growth (%) |
2.97 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 53% |
Key consumer countries |
China, India, Germany, UK, and Indonesia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Benteler International AG, Biesse SpA, Bottero SpA, CMS Glass Machinery, Glaston Oyj Abp, HEGLA GmbH & Co. KG, IGE Glass Technologies, Inc., LandGlass Technology Co., Ltd., LISEC Holding GmbH, and OCMI OTG SpA |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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