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With over 75% of the cover glass installed on smartphones, the global cover glass market is expected to grow at a CAGR of 3.50% in the forecast period of 2024-2032
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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:
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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.
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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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The major drivers of the market include rising disposable incomes, increasing population, rising smartphone market, and the growing demand for smartwatches.
The thriving sales of smartphones is a key trend bolstering the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
Gorilla is the dominant type of the product in the market.
The leading application segments in the market are smartphones, tablet, smart watch, and automotive, among others.
The leading players in the market are Corning Inc., AGC Inc., Schott AG, Biel Crystal Manufactory Limited, TPK Holding Co., Ltd., Nippon Electric Glass Co., Ltd., O-film Tech Co., Ltd., Others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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