San Francisco, Dec 03 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.
Browse full research report on 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: 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
- U.S.
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Middle East
& Africa
Browse press release of this report
by Grand View Research: 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.
For more information:
www.grandviewresearch.com
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