LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors in their recent global flat glass processing machinery market for 2017-2021 report. This market research report also lists eight other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global flat glass processing machinery market is characterized by a large number of OEMs that are mainly concentrated in Europe and China. The competition in the market is intensified by the decline in glass prices, which is threatening the profit margins of glass processing manufacturers due to the reluctance on the part of glass manufacturers to invest in new processing lines.
Hence, vendors such as Benteler and Bystronic are concentrating on developing innovative concepts in glass processing with expansions in product range to mark their presence with standalone equipment and fully automated lines.
“Innovative new technologies and digitalization of glass processing will widen the opportunities for greater market exposure. Smart glass is one such area where vendors can seek market growth. For example, with the emergence of smart glass and its expanding applications, Glaston has invested in a California-based company specializing in the development of smart glass in 2015,” says Anju Ajaykumar, lead engineering tools analyst from Technavio.
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Technavio heavy industry market research analysts identify the following key vendors:
Biesse
The company offers various solutions for this market through Intermac, the stone and glass division of Biesse Group. The company specializes in glass, stone, and metal processing technologies. It offers components for the construction, aerospace, and shipbuilding industries.
Bottero
Bottero designs and manufactures automatic machines for glass processing for small and medium companies and industrial groups worldwide. It provides glass container production lines, including glass conditioning, container forming, gob forming and delivery, ware handling, servo technology, control systems, and spare parts and equipment.
CMS Glass Machinery
CMS Glass Machinery is one of the leading players for glass processing machines. Its product portfolio includes float and laminated glass cutting lines and machines, glass sealing robots and extruders, glass washing lines and machines, glass processing machines, spacer frame processing machines, laminated glass production lines and flat and bending glass tempering furnaces.
Conzzeta
Conzzeta offers various glass processing solutions mainly through Bystronic Lenhardt GmbH (Bystronic). Bystronic Glass provides high-quality system solutions for the processing of flat glass. It specializes in machinery, systems, and services for processing flat glass like architectural and automotive glass. It also serves solar and display market.
Glaston
Glaston develops and sells glass processing machinery worldwide. The company's product portfolio ranges from pre-processing and safety glass machines to services. Glaston operates its business through two reportable segments, including machines and services. Its products and services are mainly used in the construction, appliance, automotive, furniture, and solar energy industries.
HEGLA
HEGLA is a leading manufacturer and seller of machinery, plants, and equipment for flat glass processing and refinement, storage and logistic systems, windows, as well as superstructures for lorries and transporters. The company offers various flat glass processing machinery and equipment for architectural glass and solar glass applications.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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