San Francisco, 5 December 2018: The global smartphone screen protector market is
expected to reach USD 56.51 billion by 2024, according to a new report by Grand
View Research, Inc. Increasing demand for the product in premium devices such
as iPhone 6, iPhone 6s and Samsung Galaxy Note series is expected to drive
industry growth. In addition, repurchase of the screen protectors during the
product life is expected to bolster demand.
Increasing smartphone sales primarily in
the developing economies such as India and China are driven by improving
spending abilities of the consumers is expected to drive industry growth. In
addition, increasing demand for smartphones manufactured by Chinese vendors
such as Xiaomi Inc. and Oppo Electronics Corp is expected to drive the product
growth. Furthermore, the emergence of low-cost screen protector manufacturers,
particularly in Asia Pacific is expected to drive the demand over the projected
period.
Tempered glass emerged as the most
prominent material used in manufacturing the product owing to superior risk
mitigation properties. Also, the market is expected to witness increased
internal substitution with consumers exhibiting high affinity towards the
tempered glass screen protectors. Furthermore, superior adhesive
characteristics coupled with declining prices of tempered glass screen
protectors is expected to drive the demand for such screen protectors over the
forecast period.
Access
Research Report of Smartphone Screen
Protector Market @ www.grandviewresearch.com/industry-analysis/smartphone-screen-protector-market
Further key findings from the report suggest
· PET segment is expected to witness decline
at a rate of over (6.1%) over the forecast period. Increasing rejection of the
PET products owing to limited screen protection coupled with easy discoloration
is expected to drive the growth over the next eight years.
· The >USD 700 application segment demand
is anticipated to increase to over 475 million units by 2024 owing to growing
demand for premium smartphones over the forecast period. In addition, rising
concerns regarding the safety of high price smartphones are expected to drive
the product growth.
· U.S. is expected to grow at a CAGR of over
6.9% from 2016 to 2024 owing to increasing adoption of premium technology high
price smartphones. Also, increasing demand for protective smartphone
accessories coupled with high disposable income of the consumers is expected to
translate into increased growth over the forecast period.
· Key participants include Belkin
International Inc., Bodyguardz, intelliArmor, Zagg Inc., Free S Speed
International Co. Ltd, Jiizii Glass, Clarivue, FeYong Digital Technology
Limited. Corning Inc., and AZ Infolink Pvt. Ltd.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the
global smartphone screen protector market on the basis of material, application
and region:
Material Outlook (Volume, Million Units;
Revenue, USD Million, 2013 - 2024)
·
Tempered glass
·
Polyethylene terephthalate (PET)
·
Thermoplastic Polyurethane (TPU)
Application Outlook (Volume, Million Units;
Revenue, USD Million, 2013 - 2024)
·
<USD 175
·
USD 175-250
·
USD 250-450
·
USD 450-550
·
USD 550-700
·
>USD 700
Regional Outlook (Volume, Million Units;
Revenue, USD Million, 2013 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Smartphone Screen Protector Market@ www.grandviewresearch.com/press-release/global-smartphone-screen-protector-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
No comments:
Post a Comment