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Technavio has published a new market research report on the global ultra-thin glass market from 2018-2022. (Graphic: Business Wire)
In this report, Technavio highlights the ultra-thin glass in roll form as one of the key emerging trends in the global ultra-thin glass market. The ultra-thin glass was conventionally used in cut sheet form, but there is an emerging trend of ultra-thin glass in toll forms, which has increased the applications of ultra-thin and flexible glass. It can be used in applications that require flexibility and durability. In addition, it can provide the benefits of physical and chemical properties of glass. Ultra-thin glass also aids in overcoming the drawback that plastic faces of not being gas-tight, thus not providing protection for electronic components.
In this report, Technavio analysts highlight the increase in demand for flat panel displays as a key factor contributing to the growth of the global ultra-thin glass market:
Increase in demand for flat panel displays
The increasing demand for flat panel displays is expected to drive the global ultra-thin glass market in the forecast period. Consumers are demanding bigger displays in liquid-crystal display televisions, smartphones, automotive, and tabs. Out of these applications, TV screens size is expected to be the biggest driver during the forecast period.
According to a senior analyst at Technavio for , “The flat panel displays in the automotive industry are driven by the demand for larger central information displays and the growth of smart cars, which use advanced driver assistance systems.”
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Global ultra-thin glass market segmentation
Of the three major end-users, the consumer electronics segment held the largest market share in 2017, accounting for nearly 51% of the market. The market share for this end-user is expected to increase nearly 1% by 2022. The fastest growing end-user is consumer electronics, which will account for nearly 52% of the total market share by 2022.
APAC was the leading region for the global ultra-thin glass market in 2017, accounting for a market share of nearly 62%. By 2022, APAC is expected to continue dominating the market and register the highest growth rate.
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
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PUB: 05/31/2018 03:22 PM/DISC: 05/31/2018 03:22 PM