Global Glass Processing Equipment Market - 2023-2030

Overview

Global Glass Processing Equipment Market reached US$ 2.3 billion in 2022 and is expected to reach US$ 3.5 billion by 2030, growing with a CAGR of 5.5% during the forecast period 2023-2030.

The demand for diverse end users, including the construction and automotive industries, is met by a wide variety of equipment on the market for glass processing. It equipment can be used to mold, laminate, cut or otherwise operate with glass. Demand for glass products is significantly influenced by the construction industry, both residential and commercial.

In recent years, the usage of glass in modern architecture for facades, windows and interior uses has increased significantly. To meet the industry's demanding quality and customization requirements, innovative glass processing equipment has become necessary. Demand for precisely cut glass parts has increased as a result of the widespread use of smartphones, tablets and other electronic devices with glass screens. Glass processing equipment is essential for manufacturing these delicate components.

Glass recycling typically requires less energy compared to producing glass from raw materials. Melting recycled glass (cullet) at lower temperatures results in energy savings and reduced greenhouse gas emissions. According to a study by the Glass Recycling Coalition, the glass container industry increased its recycling rate from 43.1% in 2010 to 49.6% in 2021, partly driven by environmental regulations and sustainability initiatives.

Dynamics

Growing Construction Industry

The demand for glass processing equipment in the construction industry is prominently visible in the residential sector. As urbanization continues to surge globally, there's a pressing need for housing and infrastructure development. The primary element in modern home design is glass owing to its functionality and aesthetic appeal.

For example, the residential construction industry in United States has grown significantly, according to U.S. Census Bureau. Despite the COVID-19 pandemic's difficulties, U.S. saw a 7% growth in home starts in 2020, coming in at about 1.38 million units.

Moreover, the emphasis on energy efficiency in building design further amplifies the demand for specialized glass, such as Low-E (Low Emissivity) and insulated glass units. According to the International Energy Agency (IEA), buildings are to blame for 28% of all energy-related CO2 emissions globally. Therefore, the construction industry's shift towards greener, more sustainable designs boosts the use of such glass products.

Energy Efficiency and Sustainability

Glass is an important element part of the automotive manufacturing business as it is used for various components. A major factor propelling the market for glass processing equipment is the manufacturing of cars, including both commercial and passenger vehicles.

Automotive manufacturers are integrating advanced features into vehicles, such as heads-up displays, augmented reality windshields and sunroofs with variable transparency. The innovations require specialized glass processing techniques and equipment. Safety is a paramount concern in the automotive sector. As a result, there is a growing demand for laminated and tempered safety glass, which is produced using advanced glass processing equipment.

Health and Safety Considerations

The demand for glass processing equipment is fueled by technological development, which also shapes the evolution and innovation of the glass sector. The developments not only increase the effectiveness and accuracy of glass processing, but also create new opportunities in terms of design, sustainability and performance. Computer Numerical Control (CNC) systems have been included in glass processing machinery as a result of technological improvements, enabling high levels of automation and precision in cutting, shaping and edging.

Energy-efficient glass products can be produced due to advanced glass processing processes. Coatings, patterns and laminations enhance thermal performance and reduce energy consumption in buildings and vehicles. Technological advancements in glass processing contribute to sustainability goals. Recycling processes, waste reduction and the use of eco-friendly materials are becoming integral to modern glass manufacturing.

Sustainable practices in glass processing align with consumer demands and environmental regulations. Innovations enable the creation of innovative glass products, such as smart glass with switchable transparency, augmented reality windshields and decorative glass with intricate designs. The products cater to evolving consumer preferences and aesthetic trends.

Cost and Complexity

Glass processing equipment includes a range of machinery such as CNC machines, cutting tables, tempering furnaces, edging and bevelling machines and laminating lines. The machines are essential for precision glass cutting, shaping and finishing. The gadgets can be expensive to purchase and install. According to its features and level of automation, CNC glass-cutting machines can range in price from a few hundred thousand dollars to over a million dollars, while a high-end tempering furnace may cost several million dollars.

It costs a lot of money upfront to set up the appropriate manufacturing space, ventilation systems and safety precautions for glass processing. It investment is particularly critical for ensuring compliance with safety and environmental regulations. Building and outfitting a facility to accommodate large glass processing equipment can be a major cost factor.

Operating and maintaining glass processing equipment demands a skilled workforce. Companies must invest in recruiting and training technicians and operators to operate these machines effectively and ensure quality production. The costs associated with employee salaries, training programs and continuous skill development can add to the overall financial burden.

Stringent Safety and Environmental Regulations

Glass processing facilities must invest significantly in compliance with safety and environmental regulations. It includes measures such as the installation of safety equipment, employee training and adherence to strict operational protocols. Environmental compliance often involves costly upgrades to reduce emissions, implement energy-efficient processes and manage waste effectively.

Adhering to safety and environmental regulations can result in higher operational expenses. It includes ongoing costs related to emissions control, waste management and compliance monitoring. Regulatory changes may necessitate the adoption of new technologies and equipment to meet safety and environmental standards. The upgrades often come with high costs.

Segment Analysis

The global glass processing equipment market is segmented based on type, end-user and region.

Growing Demand for Customization in Various Industries

The demand for cutting equipment is a crucial component of the glass processing equipment market with 38.1% of the global market share. Cutting equipment plays a pivotal role in shaping and customizing glass to meet various requirements across industries such as construction, automotive and consumer electronics.

Glass cutting equipment allows for precise customization of glass sheets, accommodating various sizes, shapes and designs. It is particularly important in industries like architecture, where architects and designers often require unique glass designs to meet specific project requirements.

Cutting equipment enhances efficiency and accuracy in glass processing, reducing material wastage and the need for manual labor. It not only improves productivity but also ensures high-quality glass products. In 2020, Bystronic Glass launched the Smart-Combi 201 Series, which is a highly versatile cutting and breaking table for glass. It is designed to handle different types of glass processing tasks, including cutting, breaking and scoring. The equipment offers precision cutting, minimizing glass waste and enhancing efficiency.

Geographical Penetration

Technological Advancements in the Automotive Industry

The Asia-Pacific glass processing equipment market held the largest market share of 42.3% in 2022 in the glass processing equipment market analysis. Asia-Pacific has witnessed significant urbanization and population growth, leading to increased construction activities. It drives the demand for architectural glass used in commercial and residential buildings. According to the data published by United Nations, by 2050, more than 50% of the world's urban population will reside in Asia.

Asia-Pacific is one of the major and most rapidly expanding automotive markets. Glass is an essential element in the fabrication of vehicles in the auto sector, including windows, windscreens, sunroofs and automotive glass components. In 2020, China emerged as the world's largest automobile market, with over 25 million vehicles produced (International Organization of Motor Vehicle Manufacturers - OICA).

The Asia-Pacific has experienced significant technological advancements in glass processing equipment. Local manufacturers have invested in modernizing their facilities and adopting cutting-edge technologies. Technological advancements not only improve the quality of glass processing but also enable customization to meet specific design and functionality requirements.

Competitive Landscape

The major global players in the market include: Biesse Group, Glaston Corporation, Lisec Group, Bottero, LandGlass Technology, CMS Glass Machinery, WestRock Company, Glastonbury Southern Gageand and Hegla.

COVID-19 Impact Analysis

In the early stages of the pandemic, many manufacturing industries, including glass processing, experienced supply chain disruptions and reduced production due to lockdowns, labor shortages and decreased demand. The global economy contracted in 2020, with a projected decline of approximately 3.5% in GDP growth, affecting businesses across sectors, including glass processing equipment manufacturers.

As the pandemic unfolded, there was a shift in priorities within the glass industry. Demand for certain types of glass, like those used in healthcare facilities and for packaging, increased, while demand for glass used in sectors like automotive and construction decreased. Many construction projects and capital investments were postponed or delayed due to economic uncertainty and restrictions related to the pandemic. It affected the demand for glass processing equipment used in the construction and architectural sectors.

Russia-Ukraine War Impact Analysis

The Ukraine-Russia war has disrupted supply chains in the region, affecting the availability of raw materials, components and machinery for industries, including glass processing. Manufacturers in Ukraine and Russia faced challenges in sourcing critical components and machinery, potentially leading to delays in production and increased costs.

The impact on the glass processing equipment market varies depending on the geographical scope of the war. Export and import restrictions imposed due to the conflict can affect the international trade of glass processing equipment and related products. Manufacturers and suppliers in Ukraine and Russia encountered challenges in exporting their equipment to international markets, impacting their revenue and market reach.

By Type

• Cutting Equipment
• Laminating Equipment
• Decorative Glass Equipment
• Insulating Glass Equipment
• Grinding and Polishing Equipment
• Tempering Equipment
• Drilling Equipment
• Washing and Cleaning Equipment
• Others

By End-User

• Aerospace
• Architectural and Construction
• Electrical and Electronics
• Automotive
• Solar Energy
• Furniture
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico

• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe

• South America
  • Brazil
  • Argentina
  • Rest of South America

• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• On May 12, 2021, Turomas completes its line of machines with the introduction of the first model of an autonomous cutting table for 6-meter glass or VA. The RUBI 406VA's revolutionary design ensures optimum productivity and automation in the shortest feasible space while satisfying the most demanding clients' needs for loading, cutting and automatic unloading.
• On April 4, 2023, a new globally milestone was achieved by the partnership between TK and Matodi. According to the contract, Matodi will serve as TK Srl's sole North American distributor. TK Srl designs and builds furnaces and ovens for lamination, chemical tempering and Heat Soak glass testing.
• On August 17, 2022, the "full automation glass micro saw," a crucial piece of process gear for cutting-edge electronic devices, was introduced by Hanmi Semiconductor. In addition to securing future supply lines, Hanmi Semiconductor has already achieved success in its global sales.

Why Purchase the Report?

• To visualize the global glass processing equipment market segmentation based on type, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of glass processing equipment market-level with all segments.
• The PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global glass processing equipment market report would provide approximately 53 tables, 57 figures and 182 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies