Post Time：Oct 31,2016Classify:Industry NewsView：1065
INDIA, Oct. 28, 2016 /PRNewswire-iReach/ -- 3D glass, mainly relative to traditional 2D glass and 2.5D glass, refers to curved glass with arc design neither in the middle or at the edge. It advances along with the development of flexible AMOLED industry.
Photo - http://photos.prnewswire.com/prnh/20161028/433717LOGO
In 2016, global 3D glass market is worth approximately USD190 million, with an estimated growth rate of over 60.0% year on year; the Chinese market contributes RMB170 million (about USD30 million) and occupies 15.8%. With the maturity of 3D glass production technology and higher penetration in the downstream application markets, the global market is expected to show a CAGR of 102.1%in 2016-2020.
The Chinese 3D glass market is now in a state of oligopolistic competition with more than 95.0% market share together seized by the early entrantsBiel Crystal Manufactory and Lens Technology that have developed mature production technologiesand advanced 3D glass processing & production equipment e.g. hot bending machine.
Besides, Samsung Galaxy S6/S7 and Xiaomi 5 pioneered in the use of 3D glass, and iPhoneintends to adopt glass shell in 2017. Driven by this, many domestic enterprises such as O-Film Tech, Weibai Technology and Firstar Panel Technology have made their presence in 3D glass field.
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3D glass is primarily used in smartphone, wearable device, VR, automobile and other fields. Among them, smartphone is the biggest application market.
Smartphone: In 2016, global demand for smartphone 3D glass is approximately seven million pieces, including one million pieces from China. So far, Samsung, LG, Xiaomi and Vivo have launched smartphones with 3D cover glass or back glass. Along with the trend, the penetration of 3D glass is expected to rise from 0.5% in 2015 to 23.1% in 2020.
Wearable Device (the second largest application of 3D glass, mainly relatively mature smartwatch field): Global wearable device shipments reached 79 million units in 2015, are expected to outnumber 100 million units in 2016, and register a growth rate of more than 20% in 2016-2020. China's wearable device market growth is slightly higher than the global average.
VR: The industry is in its infancy with relatively small demand for 3D glass and concentrated primarily in head-mounted VR. In 2016, global head-mounted VR shipments total three million units or so, accounting for roughly 30% of the total VR equipment shipments.
The report covers the following:
Global 3D glass industry (supply, demand, market structure, etc.).
3D glass industry in China (market size/structure, patent, market price, competitive landscape, market driver, etc.).
3D glass production materials (glass substrate, polishing materials, coating materials, ink) (market size, competitive landscape, etc.).
3D glass processing equipment (hot bending machine, CNC engraving machine, flat grinding machine) (market size, competition, processing technology, etc.).
Applications (smartphone, wearable device, and VR)(market status, demand for3Dglass, etc.).
Sixteen 3D glass manufacturers worldwide (operation, 3D glass business, etc.)
Source: www.yahoo.comAuthor: shangyi
