Title: Advanced Glass Market by products, applications & regional analysis 2017-2024
1Advanced Glass Market 2018 to 2024, key industry
players growth trends
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2- With the increasing application scope for glass
across the electronics, residential, automotive,
and commercial sectors, Advanced Glass Market
giants have lately been fortunate enough to have
access to a plethora of lucrative growth
opportunities. They have in fact, been
prominently developing a variety of high quality
and innovative glass products in order to
consolidate their presence in this business
space. - In addition, to further expand their reach,
companies have been adopting growth strategies
such as mergers and acquisitions. The recent
acquisition of TGP by Allegion is an instance of
the efforts undertaken by the leading players of
advanced glass market. - Elaborating further on the aforementioned deal,
the leading security products and solutions
supplier, Allegion, acquired the North American
manufacturer of advanced fire frames, Technical
Glass Products (TGP), to primarily extend its
reach across North America. The deal has also
helped Allegion gain access to TGPs integrity
and innovative ideology.
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3- Since last few years, advanced glass market has
witnessed the launch of a slew of very
interesting and innovative products. The launch
of Gorilla Glass is one of the remarkable
examples that depicts the continuous research
undertaken toward new product development. This
product is a next generation, scratch resistance,
tough, and highly flexible glass. In fact,
currently, many of the electronics and smartphone
manufacturers preferably choosing Gorilla glass
for their devices. This product offers numerous
benefits over other materials like plastic and
metal. The increasing adoption of advanced
versions of glass by consumer electronics
manufacturers is indeed poised to boost advanced
glass industry share over the years ahead. - Speaking along similar lines, a few years ago,
the Internet behemoth Google developed augmented
reality (AR) based glasses, which garnered mass
popularity no sooner than its release. Currently,
the large-scale deployment of AR in everyday
activities has also considerably transformed
advanced glass market outlook. The American audio
equipment manufacturer, Bose Incorporation has
recently unveiled its plan to develop AR based
glasses as well, and has launched its prototype
of AR wearables, which comprise motion sensors.
In another instance, the American multinational
technology company, Vuzix has also developed
smart glasses and is looking forward to launching
advanced version of wearables for future
generation. Initiatives such as the
aforementioned are certain to augment advanced
glass market size.
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5- The shifting trends toward miniaturization of
several electronics equipment are fueling the
requirement for highly precise structured glass.
In this regard, many players in advanced glass
market are adopting new innovative technologies
to develop versatile and highly accurate glass
wafers. - Moreover, some of the companies are focusing on
inventions of light solutions for interiors of
automobiles and aircraft. For instance, glass
manufacturing company, AGC Glass Europe has
developed an innovative solution for luxury car
roofs. Presently, this light control glass has
been installed in Daimlers Mercedes S-Class
model. - The notable benefits of this glass include
resistance to overheating and UV light, which are
significantly attracting other giants in
automotive sector. The ongoing research in glass
technology for thin film and transparent
structure for automotive applications is slated
to stimulate advanced glass market outlook.
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6Competitive Trends
- The notable industries in Advanced Glass Market
are - NSG
- Guardian Industries
- Saint-Gobain
- Glaze-Tech Industries
- PPG Industries
- AGC
- Sisecam Group
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