PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1364087
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1364087
Curved Glass Panel Market Set to Reach $5.2 Billion by 2030.
The global curved glass panel market is on a growth trajectory, with market valuation expected to reach $5.2 billion by 2030, up from nearly $3.3 billion in [Year]. This market is projected to expand at a CAGR of 7% during the period from 2023 to 2030, according to a recent report on the Global Curved Glass Panel Market Snapshot for 2018-2030.
Healthcare and Medical Devices: The increased demand for healthcare and medical devices, including patient monitoring diagnostic tools and medical kiosks, is boosting the use of curved glass panels with touchscreen capabilities.
Automotive Industry Integration: Curved glass panels are increasingly integrated into electric and autonomous cars (EVs and AVs) due to their futuristic appearance, which complements the cutting-edge technology in these vehicles.
Aesthetic Building Designs: The rising demand for distinctive and aesthetically pleasing building designs presents an opportunity for curved glass panels, which are used to create stunning and recognizable structures.
Double-Glazed Panels: In 2022, double-glazed curved glass panels dominated the market as they provide better insulation compared to single-pane glass, contributing to energy efficiency and noise reduction.
Architectural Applications: The architectural category dominated the market in 2022, with curved glass panels being used to create unique and futuristic building facades.
North America: The North American region is expected to dominate the curved glass panel market throughout the forecast period. Curved glass panels are extensively used in commercial and residential construction and the automotive industry in this region.
Asia Pacific: Asia Pacific is poised to be the fastest-growing region in the curved glass panel market due to the demand for high-end products and homes, as well as innovations in curved glass panel solutions, including smart glass technology and interactive displays.
Despite its growth, the curved glass panel market faces challenges, including high manufacturing costs and complex installations, which can affect affordability and project timelines.
The report also highlights opportunities in the market, such as the development of energy-efficient and sustainable curved glass panels with advanced coatings and smart glass technology. Additionally, the use of curved glass panels in interactive displays in retail environments and museums is expected to grow.
Key players in the global curved glass panel market include AGC Inc., Saint-Gobain S.A., Schott AG, Guardian Industries, Corning Incorporated, and others.