Wearables Help Push Strong Growth for Ultra-Thin Glass
Manufacturers of ultra-thin glass must be in sync with the ongoing development of innovative products and provide glass products that meet the various new requirements.
The worldwide ultra-thin glass market is projected to grow at a CAGR of 11.7% from 2018-2022, according to a recent report available from Research and Markets. Increasing demand for wearable technology is reportedly one trend affecting the market, with a push for development and investment from technology giants like Google, Apple, and Samsung Electronics.
Another driver influencing the market for ultra-thin glass is rising demand for flat panel displays. Consumers are demanding bigger displays in liquid crystal display (LCD) televisions, smartphones, automotive, and tablets; of these applications, TV screen size is expected to be the biggest force during the forecast period.
One of the major challenges that the global ultra-thin glass market is expected to face is rapid changes in technology and innovation. Manufacturers of ultra-thin glass must be in sync with the ongoing development of innovative products and provide glass products that meet the various new requirements.
For more information, visit www.researchandmarkets.com.