The global 3D glass market is witnessing substantial growth. Factors such as the rising penetration of wearable and smart connected devices and games, videos, and movies boost the 3D glass industry. Increasing demand for excellent customer and user viewing and hearing experience creates vast market demand.
With the rising popularity of 3D glasses, the market is projected to garner significant traction in the years to come. According to Market Research Future (MRFR), the global 3D glass market is projected to reach exponential valuation by 2027, registering an impressive CAGR over the assessment period (2020-2027).
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Other major factors bolstering the 3D glass market share include the high adoption of 3d glasses in smart devices and advances in cloud-based technologies used in the education, gaming, military, and industrial sectors. Also, the growing demand from various industry verticals, including smartphones, healthcare devices, and IT & telecommunications, fosters the 3D glass market size.
3D Glass Market – Segmentations
The report is segmented into device components, production materials, enabled mobile devices, applications, and regions. The device component segment is sub-segmented into 3D displays and image sensors. The production material segment is sub-segmented into polishing materials, glass substrates, coating materials, and others.
The enabled mobile device segment is sub-segmented into 3D enabled mobile devices like tablets, smartphones, eyewear, notebooks, and other 3D enabled devices. The application segment is sub-segmented into animations, mobile advertisements, mobile gaming, maps, navigation, and other applications. The region segment is sub-segmented into Americas, Asia Pacific, Europe, and rest-of-the-world.
3D Glass Market - Geographical Analysis
North America heads the global 3D glass market with the largest market share. Technological advantages are hey growth drivers behind the regional market growth. Well-established infrastructure in the region allows faster implementation of advanced technologies.
Government initiatives to encourage companies to invest in developing 3D glass applications, such as power electronics and non-electronic components in wearable and mobile accessories by giving them some incentives beyond PLI. The US and Canada, backed by the rising technological enhancements and the increasing popularity of wearable, lead the 3D glasses market in North America.
Global 3D Glass Market - Competitive Landscape
Highly competitive, the global AR & VR smart glasses market appears fragmented, with the presence of several well-established players. Players incorporate strategies such as mergers & acquisitions, collaboration, expansion, product & technology launch to gain a larger competitive advantage.
Players active in the global 3D glass market include Lens Technology (China), HTC Corporation, NVIDIA Corporation, BYD Electronic Company Limited (China), CPT Technology Co. Ltd. (China), Henan Comyoung Electronics Co. Ltd.(China), Samsung Electronics Co. Ltd., Zhejiang Firstar Panel Technology Co. Ltd. (China), Corning Inc. (US), G-TECH Optoelectronics Corporation (Taiwan), Dongguan RBD Technology Co. Ltd. (China), Apple Inc. (the US), Shenzhen O-film Tech (China), JiangXi Holitech Technology Co. Ltd. (China), Triumph Science and Technology (China), and Sharp Corporation (the US), among others.
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