November 03, 2022 09:18 ET | Source: Allied Market Research Allied Market Research

Portland,OR, Nov. 03, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global tempered glass cutting machine market generated $3,492.6 million in 2021, and is projected to reach $6,061.51 million by 2031, registering a CAGR of 5.6% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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The report offers detailed segmentation of the global tempered glass cutting machine market based on automation, cut type, machine power, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report. Buy this Research Report @ https://bit.ly/3DTRcGb

Based on automation, the automatic segment held the dominating market share in 2021, holding more than two-thirds of the global tempered glass cutting machine market share, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 5.9% during the forecast period. The report also analyses the semi-automatic segment.

Based on machine power, the 100W and above segment held the largest market share in 2021, holding nearly three-fourths of the global tempered glass cutting machine market share, and is expected to maintain its leadership status during the forecast period. The Below 100W segment, on the other hand, is expected to cite the fastest CAGR of 6.1% during the forecast period.

Based on region, the market across Asia-Pacific region held the dominating market share in 2021, holding nearly three-fifths of the global tempered glass cutting machine market share, and is expected to maintain its leadership status during the forecast period. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 6.7% during the forecast period.

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Major Players: The report also analyses prominent players of the global tempered glass cutting machine market such as Anhui Glass Machinery Technology Co., Ltd., Anhui Jingling Glass Co., Ltd., Anhui Yinrui Glass Machinery Co., Ltd., Beijing Pujinli Technology Co., Ltd., Bengbu Ruifeng Glass Machinery Co., Ltd., Biesse Group, Bottero S.p.A., CMS Glass Machinery, Intermac, Jinan Sintech CNC Equipment Co.,Ltd, LiSEC, Luoyang North Glass Technology Co., Ltd., Shenyang All-Powerful Science &, Technology Stock Co. LTD, Solaronix SA, Stron, Turomas, and Vetromac SRL.

The report analyzes these key players in the global tempered glass cutting machine market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market. 

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