Press release
Tempered Glass Cutting Machine Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Tempered Glass Cutting Machine Market Size
What Is the Expected Tempered Glass Cutting Machine Market Size During the Forecast Period?
The market size for tempered glass cutting machines has seen significant growth in the recent past. The market, which was valued at $3.89 billion in 2024, is projected to rise to $4.11 billion in 2025, marking a 5.8% compound annual growth rate (CAGR). The upward trajectory during the historical period is directly linked to the demand in consumer electronics, the burgeoning automotive industry, the expanding construction sector, and the growth of the medical equipment industry.
The market for tempered glass cutting machines is anticipated to witness considerable expansion in the coming years, reaching a value of $5.19 billion in 2029, with a 6.0% compound annual growth rate (CAGR). The driving forces for this expected growth during the forecast period include the increasing adoption of electric vehicles, worldwide urbanization, enhancement in solar panel production, and industrial automation. Significant trends during this period will encompass upgrades in the quality of glass, adoption of smart home technologies, high-accuracy cutting, energy-saving glass processing methods, eco-friendly glass production, and integration of artificial intelligence (AI) and Internet of Things (IoT).
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What Are the High-Growth Segments in the Tempered Glass Cutting Machine Market?
The tempered glass cutting machine market covered in this report is segmented -
1) By Machine Power: Below 100W, 100W And Above
2) By Automation: Semi-Automatic, Automatic,
3) By End-User Industry: Automotive, Construction And Architecture, Electronics And Appliances, Furniture And Interior Design, Aerospace And Aviation, Solar Energy, Other End-User Industries
Subsegments:
1) By Below 100W: 50W-75W, 75W-99W
2) By 100W And Above: 100W-150W, 150W-200W, Above 200W
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What Key Drivers Are Expected to Influence Future Tempered Glass Cutting Machine Market Growth?
The development and expansion of construction and infrastructure is anticipated to push the growth of the tempered glass cutting machine market. The term 'construction and infrastructure development' encapsulates various processes and actions necessary to construct, enhance and preserve vital physical buildings and facilities that form the backbone of economies and societies. Tempered glass machines play a key role in these sectors, facilitating the creation of strong and safety-focused glass elements for structures, buildings and facades. For example, the U.S. Census Bureau reported in July 2023 that the anticipated annual construction expenditure in May 2023 stood at $1,925.6 billion, marking a 0.9% increase from April's $1,909.0 billion projection. Hence, the escalation in construction and infrastructure development is nudging the tempered glass cutting machine market's growth. The tempered glass cutting machine market is anticipated to gain momentum with the expansion of the automotive industry. The automotive sector encompasses a network of firms, institutions and operations engaged in the research, creation, production, marketing, distribution, and servicing of motorized vehicles. Tempered glass cutting machines are in high demand in this sector to fashion automotive-grade glass into required dimensions and shapes. These machines are essential to manufacture protective and superior-quality automotive glass parts. In May 2023, the European Automobile Manufacturers Association, based in Belgium, reported that global motor vehicle production hit 85.4 million units in 2022, marking a significant 5.7% growth from 2021. Therefore, the boosting demand in the automotive industry is propelling the tempered glass cutting machine market.
Which Companies Hold the Largest Share Across Different Tempered Glass Cutting Machine Market Segments?
Major companies operating in the tempered glass cutting machine market are Luoyang North Glass Technology Co. Ltd., Biesse Group S.p.A, Bottero S.p.A., Glaston Corporation, Shenyang All-Powerful Science & Technology Stock Co. Ltd., Anhui Glass Machinery Technology Co. Ltd., HHH Equipment Resources, Intermac, Macpower CNC Machines Limited, LiSEC Austria GmbH, Solaronix S.A., Turomas S.L., Jinan Sintech CNC Equipment Co. Ltd., Shandong Eworld Machine Co. Ltd., Anhui Jingling Glass Co. Ltd., Anhui Yinrui Glass Machinery Co. Ltd., Beijing Pujinli Technology Co. Ltd., Bengbu Ruifeng Glass Machinery Co. Ltd., CMS Glass Machinery, Vetromac SRL, Foshan Techwin Glass Technology Co. Ltd., Guangzhou Daqin New Universe Technology Co. Ltd., Shenzhen YTD Industrial Co. Ltd., Guangzhou S&K Glass Machinery Co. Ltd., Shandong Huashili Automation Technology Co. Ltd.
What Trends Are Expected to Dominate the Tempered Glass Cutting Machine Market in the Next 5 Years?
Leading organizations within the tempered glass cutting machine market are innovating and implementing new tempered glass cutting machines to maintain their market dominance. The contemporary circulated-air convection technique involves utilizing fans and a ventilation system in ovens to ensure consistent dispersal of heat. For instance, in February 2023, Glaston Corporation, a machinery industry entity originating from Finland, launched the Glaston FC Series EVO, a novel and energy-efficient solution from the latest FC Series range, specifically designed to meet the changing needs of the glass industry. The FC Series EVO, equipped with state-of-the-art circulated-air convection methodology, is geared to handle any glass variety with supreme energy efficacy. It also incorporates advanced technology for reliable and flexible production in its flat glass tempering line.
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What Are the Emerging Geographies for The Tempered Glass Cutting Machine Market Growth?
Asia-Pacific was the largest region in the Tempered Glass Cutting Machine market in 2024. The regions covered in tempered glass cutting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Tempered Glass Cutting Machine Market?
2. What is the CAGR expected in the Tempered Glass Cutting Machine Market?
3. What Are the Key Innovations Transforming the Tempered Glass Cutting Machine Industry?
4. Which Region Is Leading the Tempered Glass Cutting Machine Market?
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