Los Angeles, CA -- (SBWire) -- 04/18/2019 --Smartphone Cover Glass is usually aluminum silicate material. With screen sizes increasing, smartphones continue to lead total area demand in the cover glass market; however, as the markets for smartphones and tablets mature, cover glass industry revenue growth is declining from 39 percent year over year in 2013 to around 10 percent in 2017. While the overall cover glass market growth is falling, increasing popularity of the Apple Watch is leading to growth in smart watch cover glass shipments.
In 2017, total shipments of smartphone cover glass was 35241 k sqm, The global market for smartphone cover glass will grow at a steady rate during the forecast period and will post an impressive CAGR of over 2.55% by 2023. The recent increase in the shipment of cover glass due to the growing population of mobile devices across the globe is a noteworthy factor that will impel the prospect for market growth until the end of the forecast period. Furthermore, factors such as the rapid growth of high-performance displays will also result in the high growth of this market over the forecast period.
In terms of consumption, the APAC region is predicted to be the largest downstream market for smartphone cover glass. The prospects for growth in this market segment will be driven by the rising demand for smartphones, especially from regions like China and Southeast Asia. It was reported that over 80% smartphones are manufactured and assembled in China. Also, the augmented utilization of e-commerce portals coupled with greater internet penetration will aid in the growth of this market in APAC.
The global Smartphone Cover Glass market was 1410 million US$ in 2018 and is expected to 1560 million US$ by the end of 2025, growing at a CAGR of 1.3% between 2019 and 2025.
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This report studies the Smartphone Cover Glass market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smartphone Cover Glass in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Corning
AGC
Avanstrate
Schott
NEG
Tunghsu Group
KMTC
By the product type, the market is primarily split into
Gorilla Glass
Draggontrail Glass
Others
By the end users/application, this report covers the following segments
iOS Smartphones
Android Smartphones
Others
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Smartphone Cover Glass Market Emerging Trends, Research Report and Growth Analysis by Application, Technology 2019-2025
QY Research has published the new industry research report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.