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With over 75% of the cover glass installed on smartphones, the global cover glass market is being driven by their rising demand for smartphones. The global smartphone cover glass market was valued at USD 1.63 million in 2020.
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The rising demand for smartphones is aiding the growth of the global cover glass market. In 2020, a total of 1.6 billion smartphone devices were shipped which were worth USD 482 billion in global sales, a robust 45% rise since 2013. Between 2010-2020, the total number of smartphones shipped globally is expected to cross 13 billion. In 2017, there were nearly 2.5 billion smartphone users in the world. This figure is expected to grow substantially in the coming years with 5.9 billion unique mobile subscribers accounting for 71% of the world’s population in 2026.
Corning’s Gorilla Glass dominated the smartphone display industry with a 73% penetration in the global smartphone industry in 2016. In 2016, it was installed on 2.5 billion smartphone devices. In 2020, Corning launched Gorilla Glass 6 which has better durability, damage-resistance and higher compressive strength than the previous iterations. Corning also dominates the display glass market, as a whole, accounting for 40% market share. Corning’s ion-strengthened Gorilla Glass is incorporated onto nearly 6 billion devices and is a major driving force behind the growth of the global cover glass industry.
A cover glass is a thin and lightweight glass material incorporated into the display systems of electronic devices like smartphones, all-in-one (AIO) PCs, tablets, smart watches, and portable navigation devices. It protects the phones and devices from drop damage while retaining the sensitivity and the optics of touchscreens. Manufacturers are focussing on making cover glasses that are strong, durable, and scratch and damage resistant. By type, they are divided into:
They find their application in the electronic sectors in segments like:
The EMR report analyses the regional markets like North America, LATAM, Europe, Asia Pacific, and the Middle East and Africa.
The global cover glass market is being driven by the increasing smartphone consumption, combined with an increasing need to protect the fragile smartphone display screen. Cover glass is being preferred because of their better damage-resistance capabilities and greater durability than traditional soda-lime glass. It is increasingly being used in vehicle interiors with a growing inclusion of smart displays within automobiles. Thus, it is being used in automotive cockpits, touch panels, and other automotive systems like navigations systems and driving information displays. The growth in the sales of smartwatches since the launch of Apple Watch in 2016 is also propelling the growth of the cover glass industry. The shipments of smartwatches witnessed an increase of 48% in units in Q1 of 2017, as compared to Q1 2016.
The trend towards larger smartphones displays is also driving the industry growth. The smartphone screen industry will be dominated by the 5-6 inches screen in the coming years. The smartphone displays are taking up more screen space by stretching to the edge of the smartphone devices and eliminating the bezel or the border between the sides of a device and the display screen.
August 2018- Corning’s Corning® Gorilla® Glass DX+ was selected as the cover material for Galaxy watch by Samsung.
The report analyses the following key players in the global cover glass market, looking into their market share, capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and expansions:
The EMR report provides an in-depth insight into the global cover glass market by giving a SWOT analysis of the market as well as analysing Porter’s five forces.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Global Cover Glass Market Outlook
5 Global Cover Glass Market
5.1 Global Cover Glass Market Analysis
5.1.1 Figure: Global Cover Glass Historical Market (2016-2020) & Forecast (2021-2026)
5.1.2 Chart: Global Cover Glass Market Breakup by Type
5.1.3 Chart: Global Cover Glass Market Breakup by Application
126.96.36.199 Smart Watch
5.1.4 Figure: Global Cover Glass Market Breakup by Application: Historical Market (2016-2020) Forecast (2021-2026)
188.8.131.52 Smart Watch
5.1.5 Chart: Global Cover Glass Market Breakup by Region
184.108.40.206 North America
220.127.116.11.1 United States of America
18.104.22.168.2 United Kingdom
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East & Africa
184.108.40.206.1 Saudi Arabia
220.127.116.11.2 United Arab Emirates
18.104.22.168.4 South Africa
5.1.6 Figure: Global Cover Glass Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
22.214.171.124 North America
126.96.36.199.1 United States of America
188.8.131.52.2 United Kingdom
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East & Africa
22.214.171.124.1 Saudi Arabia
126.96.36.199.2 United Arab Emirates
188.8.131.52.4 South Africa
5.2 SWOT Analysis
5.3 Value Chain Analysis
5.4 Porter’s Five Forces Analysis
5.4.2 Buyer’s Power
5.4.3 Supplier’s Power
5.4.4 New Entrants
5.4.5 Degree of Rivalry
5.5 Global Trade Analysis (2020)
5.5.1 Major Exporting Countries by Value & Volume
5.5.2 Major Importing Countries by Value & Volume
5.6 Regional Price Analysis
5.6.1 North America Cover Glass Historical Price Trends (2016-2020) & Forecast (2021-2026)
5.6.2 Europe Cover Glass Historical Price Trends (2016-2020) & Forecast (2021-2026)
5.6.3 Asia Pacific Cover Glass Historical Price Trends (2016-2020) & Forecast (2021-2026)
5.6.4 LATAM Cover Glass Historical Price Trends (2016-2020) & Forecast (2021-2026)
5.6.5 Middle East & Africa Cover Glass Historical Price Trends (2016-2020) & Forecast (2021-2026)
6 Manufacturing Process
6.1 Detailed Process Flow
6.2 Operations Involved
6.3 Mass Balance
7 Cost Analysis
7.1 Land, Location and Site Development
7.3 Plant Machinery
7.4 Cost of Raw Material
7.9 Other Capital Investment
8 Competitive Landscape & Supplier Analysis
8.1 Corning Inc.
8.2 AGC Inc (Asahi Glass Co., Ltd)
8.3 Nippon Electric Glass Co., Ltd.
8.4 Schott AG
8.5 Biel Crystal Manufactory Limited
8.6 TPK Holding Co., Ltd.
8.7 O-film Tech Co., Ltd.
9 Consumer Analysis
10 Industry Events and Developments
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