LONDON--(BUSINESS WIRE)--The global scratch-resistant glass and coating market for consumer electronics is poised to grow by USD 4.49 billion during 2020-2024, progressing at a CAGR of almost 16% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
The field of consumer electronics is rapidly developing, and this is one of the key factors that will drive the growth of the global scratch-resistant glass and coating market during the forecast period. The growing demand for consumer electronics due to factors such as the rising number of dual-income households, growing awareness of the benefits of advanced technologies, and the advent of improved communication and information technologies, will lead to the growth of the market in focus.
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Report Highlights:
- The major scratch-resistant glass and coating market for consumer electronics growth came from the chemically strengthened glass segment in 2019 and it is estimated to retain its position during the forecast period.
- APAC was the largest scratch-resistant glass and coating market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the rising demand for scratch-resistant glass and coatings from smartphones and tablets manufacturers.
- The global scratch-resistant glass and coating market for consumer electronics is fragmented. AGC Inc., Corning Inc., Diamond Coatings Ltd., Koch Industries Inc., Kyocera Corp., Nippon Electric Glass Co. Ltd., SCHOTT AG, SDC Technologies Inc., Sino-American Silicon Products Inc., and Targus Inc. some of the major market participants. To help clients improve their market position, this scratch-resistant glass and coating market for consumer electronics forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the global scratch-resistant glass and coating market for consumer electronics 2020-2024 is expected to have a neutral impact. As the pandemic spreads in some regions and plateaus in other regions, we continue to revaluate the impact on businesses and update our report forecasts.
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Consumer Electronics with Advanced Features will be a Key Market Trend
Technological factors will play a key role in this industry during the forecast period. Key competitors are adopting strategies such as omnichannel retailing, improved promotion initiatives, strategic collaborations with platform and internet providers, and commercialization of consumer electronics to emphasize improved technologies and design innovative electronic gadgets by using scratch-resistant glass and coatings. These advancements will be a key trend that will result in the growth of this industry during the forecast period.
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Scratch-resistant Glass and Coating Market for Consumer Electronics 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist scratch-resistant glass and coating market for consumer electronics growth during the next five years
- Estimation of the scratch-resistant glass and coating market for consumer electronics size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the scratch-resistant glass and coating market for consumer electronics
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of scratch-resistant glass and coating market for consumer electronics vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Chemically strengthened - Market size and forecast 2019-2024
- Sapphire - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AGC Inc.
- Corning Inc.
- Diamond Coatings Ltd.
- Koch Industries Inc.
- Kyocera Corp.
- Nippon Electric Glass Co. Ltd.
- SCHOTT AG
- SDC Technologies Inc.
- Sino-American Silicon Products Inc.
- Targus Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio 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 17,000 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.
