The global 3D glass market is estimated to expand at 33 % CAGR during the forecast period (2017-2023) owing to the demand for high-resolution display in smartphones, asserts Market Research Future (MRFR). 3D glass or 3D cover glass is a special kind of glass plate which is applied to devices such as wearable devices, mobile screens, and television. 3D glass is highly used in smartphones for high-resolution display, virtual reality applications, and playing games.
The major players operating the global market are Lens Technology (China), Henan Comyoung Electronics Co. Ltd (China), Triumph Science & Technology Co. Ltd (China), JiangXi Holitech Technology Co. Ltd (China), BYD Electronic Company Limited (China), Dongguan RBD Technology Co. Ltd (China), G-TECH Optoelectronics Corporation (Taiwan), Corning Inc (U.S.), Zhejiang Firstar Panel Technology Co. Ltd (China), Shenzhen O-film Tech (China), CPT Technology (Group) Co. Ltd (China), and more.
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Drivers and Constraints Impacting the Market
The 3D glass is applied on the display which acts as an extra layer of protection and is produced by molding, cleaning, and cutting glass sheets. With smartphone manufacturers competing on design built type, touch sensitivity, and design, smartphone manufacturers are influencing touch panel suppliers to improve the design and shape of the cover glass. With the growth in the smartphone industry, the demand for 3D glass is presumed to stimulate over the years. Moreover, smartphone-based augmented reality along with virtual reality headsets tend to include the 3D holographic into smartphones. This is one of the major factors driving the market growth over the years. Influenced by the increasing buying power of the consumers, there is a rising demand for 3D televisions across the globe which has positively impacted the 3D glass market.
On the flip side, loss of light resulting in dark 3D content is estimated to restrain the market growth during the assessment period.
The global 3D glass market has been segmented on the basis of type, application, production material, and region.
By mode of type, the market has been segmented into 3D display glass and 3D back cover glass.
By mode of application, the market has been segmented into virtual reality headset, wearable device, smartphones, televisions, and others.
By mode of production material, the market has been segmented into coating material, polishing material, glass substrate, and others.
Geographically, the 3D Glass Market spans across regions namely, North America, Europe, Asia Pacific, and Rest-of-the-World.
Among all the regions, Asia Pacific is presumed to be the dominating region in 3D glass market. Asia Pacific is considered the smartphone manufacturing hub which tends to be the largest application for 3D glasses. Smartphone manufacturers at present are installing 2.5D glass on smartphones and are planning to implement 3D glass on every smartphone. Companies such as Samsung and Apple have already installed 3D glasses on their high-end smartphones. Also, with the growing penetration of smartphone devices in countries like China, India, and parts of South East Asia, the 3D glass market is estimated to foster during the assessment period.
North America is considered to be the second largest market. Countries such as Canada and the United States has the highest penetration of high-end smartphones which is presumed to drive the market growth. With the changing lifestyle and rising disposable income, people are adopting new technologies in terms of resolution, display, and quality, offering the 3D glass market a growth opportunity.
3D graphic designers along with unity developers and mechanical engineers are working to create a Looking Glass, a unique holographic display which will use a combination of lightfield and volumetric technologies. It is designed by and for the 3D creators with the help of HoloPlay Unity SDK to help them to bring their work to life through the display.
LIST OF TABLES
Table1 World Population By Major Regions (2017 To 2030)
Table2 Global 3D Glass Market: By Region, 2017-2023
Table3 North America 3D Glass Market: By Country, 2017-2023
Table4 Europe 3D Glass Market: By Country, 2017-2023
Table5 Asia-Pacific 3D Glass Market: By Country, 2017-2023
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LIST OF FIGURES
FIGURE 1 Global 3D Glass Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global 3D Glass Market
FIGURE 4 Value Chain Of Global 3D Glass Market
FIGURE 5 Share Of Global 3D Glass Market In 2017, By Country (In %)
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