Global 3D glass market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 33% during the forecast period.
Global 3D glass market
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Global 3D glass market Definition
3D glass stands for three-dimensional glass, is an innovative and leading-edge technology from the past few years. 3D glass uses a polarized 3D system to generate the illusion of 3D images.
Global 3D glass market Dynamics
A surge in the implementation of 3D cover glass technology in Smartphones along with increased adoption of Smartphones by consumers across the world is a major driving factor behind the growth of the market. Growing technological advancements in Smartphone-based virtual reality and augmented reality headsets with 3D glass technology, increasing adoption of 3D wearable glasses in theatres for watching 3D movies and in-home theaters, rising acceptance of 3D glass in televisions and monitors by various leading manufacturers and growing advancements in 3D technology applications for entertainment sector are expected to improve the growth of the market during the forecast period.
However, growing advancements and innovations in visual technologies is a major restraining factor that could hamper the growth of the 3D glass market.
Global 3D Glass Market: Segmentation Analysis
By application, the smartphone segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. Increasing production of 3D smartphones with 3D display applications by various manufacturing companies across the globe is driving the growth of the 3D glass market. For instance, some of the leading Smartphone manufacturing companies such as Samsung, Vivo, Huawei, Xiaomi, and Coolpad have started the development of 3D Smartphones and launched high-end Smartphones by using 3D cover glass. Alternatively, the wearable device segment is projected to witness fast growth at a CAGR of XX% during the forecast period. The increasing number of 3D movies along with the rising adoption of 3D glasses in cinema halls and in-home theatres is propelling the growth of the market.
Global 3D Glass Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The economies such as China, Japan, India, and South Korea are major key contributors behind the growth of the market. The growth is attributed to the increasing adoption of smartphones by consumers across the region. Increasing import and export activities and growing research and developments in 3D glass technology by various manufacturers are impelling the growth of the market.
According to research by MMR, in the year 2019- 2020, India has exported 3D glasses to more than 196 countries across the globe. The total export value of 3D glass in 2019-2020 was worth US$ 370.36 Mn and the total volume of exports of 3D glasses in the same year was accounted for XX units. The numbers show the potential of Indian exporters in the global trading market. The countries such as Singapore with US$ 62.33 Mn, the USA with US$ 57.52 Mn, UAE with US$ 21.7 Mn, Germany with US$ 17.19 Mn and Brazil with US$ 16.41 Mn are top five trading partners of India and they are accounted for approximately 48% of total 3D glasses exports from India.
The objective of the report is to present a comprehensive analysis of the Global 3D Glass Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global 3D Glass Market dynamics, structure by analyzing the market segments and projects the Global 3D Glass Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global 3D Glass Market make the report investor’s guide.
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The Scope of Global 3D Glass Market: Inquire before buying
Global 3D Glass Market, By Type
• 3D Display Glass
• 3D Back Cover Glass
Global 3D Glass Market, By Application
• Wearable Device
• Virtual Reality Headsets
Global 3D Glass Market, By Production Material
• Glass Substrate
• Polishing Material
• Coating Material
Global 3D Glass Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global 3D Glass Market, Key Players
• Lens Technology
• CPT Technology (Group) Co Ltd
• Zhejiang Firstar Panel Technology Co., Ltd
• Shenzhen O-film Tech
• Triumph Science & Technology Co Ltd
• JiangXi Holitech Technology Co., Ltd
• G-TECH Optoelectronics Corporation
• Corning Inc
• Dongguan RBD Technology Co., Ltd
• BYD Electronic Company Limited
• Henan Comyoung Electronics Co., Ltd
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