Dublin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- The "Glass Handling Tools and Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Glass Handling Tools and Equipment was valued at an estimated US$235.2 Million in 2023 and is projected to reach US$275.5 Million by 2030, growing at a CAGR of 2.3% from 2023 to 2030.
Several noteworthy trends are emerging in the glass handling tools and equipment market, reflecting ongoing technological advancements and evolving industry needs. One key trend is the development of high-load-capacity glass lifters, which are increasingly in demand due to the growing use of larger, heavier glass sheets in construction and other applications. These advanced vacuum lifters are designed to handle significant weights while ensuring safety and efficiency, incorporating features such as maintenance-free vacuum generators and enhanced safety mechanisms. Another significant trend is the integration of smart technologies, such as voice recognition and automation, into glass handling processes.
These technologies improve the accuracy and efficiency of glass handling, particularly in high-volume environments like e-commerce and retail warehouses, where rapid and precise order fulfillment is essential. Additionally, the focus on sustainability and energy efficiency in building design is driving the adoption of glass handling tools that facilitate the use of environmentally friendly materials.
This trend is supported by the increasing emphasis on green building certifications and standards, which encourage the use of energy-efficient materials and construction practices. The ongoing innovations and investments in the construction and manufacturing sectors are expected to drive the growth of the glass handling tools and equipment market, enhancing efficiency, safety, and sustainability in glass handling operations.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Vacuum Lifters segment, which is expected to reach US$117.6 Million by 2030 with a CAGR of a 2.7%. The Loading & Storage Equipment segment is also set to grow at 2.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $64.1 Million in 2023, and China, forecasted to grow at an impressive 4.7% CAGR to reach $54.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Glass Handling Tools and Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aardwolf Industries, ANVER Corp., Bottero and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 177 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $235.2 Million |
| Forecasted Market Value (USD) by 2030 | $275.5 Million |
| Compound Annual Growth Rate | 2.3% |
| Regions Covered | Global |
Key Topics Covered:
1. MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Glass Handling Tools and Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
- Aardwolf Industries
- ANVER
- Bottero
- C.R. Laurence Co., Inc.
- Dawson Group Ltd.
- HEGLA
- Hird Ltd
- J. Schmalz
- LiSEC Austria
- Quattrolifts
- Righetti Srl
- SCM GROUP Spa
- Shanghai Herolift Automation Technology Co., Ltd.
- TAWI AB
- VIAVAC vacuum lifting
- Wakefield Equipment
3. MARKET TRENDS & DRIVERS
- Increasing Demand for Energy-Efficient Buildings Throws the Spotlight on Glass Handling Tools and Equipment
- Growing Adoption of Double and Triple-Glazed Glass Spurs Demand for Advanced Handling Solutions
- Expansion of the Construction Sector in Developing Regions Propels Market Growth for Glass Handling Equipment
- Integration of Automation and Smart Technologies Strengthens Business Case for Modern Glass Handling Tools
- Rising Focus on Workplace Safety and Ergonomics Generates Demand for Specialized Glass Handling Equipment
- Increasing Use of Larger and Heavier Glass Sheets Expands Addressable Market Opportunity for High-Load-Capacity Lifters
- Advancements in Vacuum Lifting Technologies Drives Adoption of Innovative Glass Handling Solutions
- Shortage of Skilled Operators Creates Challenges for Adoption of Advanced Glass Handling Equipment
- Investments in Infrastructure Development Generates Opportunities for Glass Handling Equipment Market
- Here's How Technological Innovations Enhance Efficiency and Safety in Glass Handling Operations
- Growing Complexity of Modern Architectural Designs Drives Demand for Versatile Glass Handling Solutions
- Development of Customized Handling Solutions for Niche Applications Generates New Market Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/jrarzx
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