About Cover Glass
Cover glass is thin, lightweight glass material often used in the displays of portable electronic devices such as all-in-one (AIO) PCs, smartphones, tablets, and portable navigation devices. Cover glass manufacturers focus on incorporating features like durability, scratch resistance, and damage resistance to gain a competitive advantage in the market. Display device manufacturers attach high significance to cover glass in order to enhance touchscreen sensitivity and increase durability.
The cover glass manufacturing process is labor intensive, as the scope for automation is minimal. The yield rates highly depend on the skill and experience of manufacturers in the industry. During the production of cover glass, the required raw materials, temperature, and time of salt bath (used for the strengthening of glass) are decided. Following this process, cover glass undergoes reinforcement impregnation for physical processing, which involves grinding, cutting, and polishing.
Technavio’s analysts forecast the global cover glass market to grow at a CAGR of 11.11% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cover glass market during 2016-2020. To calculate the market size, the report considers total device shipments from the following application segments:
Technavio Announces the Publication of its Research Report – Global Cover Glass Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Cover Glass Market: Asahi Glass, Corning, Nippon Electric Glass, and Schott.
Commenting on the report, an analyst from Technavio’s team said: “Companies in this market are increasingly adopting the strategy of collaboration to expand their businesses and improve their market shares. For instance, Corning and Samsung are in a joint venture under the brand name Samsung Corning Precision Glass. The collaboration lowers price fluctuations, diminishes the supply-demand gap, and ensures the hassle-free production and integration of cover glass.”
According to the report, the large-screen smartphone segment is the largest contributor in the global cover glass market and provides users with a wide range of applications with enhanced graphics and visuals. The user penetration for smartphones with screen sizes of five inches and above is growing substantially and is likely to drive the display market in the next five years.
Further, the report states that the global cover glass market is incurring high costs due to emerging technologies (e.g., touchscreens), overcapacity, competition, and significant investments in R&D. In addition, constantly evolving regional development laws and regulations have added to the cost of manufacture.
Asahi Glass, Corning, Nippon Electric Glass, Schott.
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