Electric Vehicle Supply Equipment Market Set to Exhibit Tremendous Growth in Coming Years

Governments across the world are focusing on increasing the adoption of electric vehicles (EVs) and improving the EV charging infrastructure. They are setting targets and mandating policies to build a conducive ecosystem for such vehicles. For instance, India has a target of installing 2,700 charging stations in cities with a population of over four million by 2023. This initiative also includes the setting up of fast and ultra-fast charging stations along key highways. Similarly, the government of South Korea aims to set up 10,000 EV fast chargers by 2022.

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Moreover, the rising penetration of direct current (DC) fast chargers will fuel the electric vehicle supply equipment market at a CAGR of 10.7% during 2020–2025. The market was valued at $1.5 billion in 2019, and it is expected to reach $2.7 billion by 2025. Both private and public players are focusing on installing DC chargers at commercial and public places, as these electricity sources charge EVs at a rapid pace. Moreover, EV manufacturers are installing DC fast chargers at their point-of-sale places. For example, MG Motor India installed four 50-kW DC public fast-charging stations in Gurugram, India, in November 2019.

In 2019, the Asia-Pacific (APAC) region observed the highest adoption of EVs and installation of charging stations, especially in China. According to the Chinese Electric Vehicle Charging Infrastructure Promotion Agency (EVCIPA) report of January 2019, China had nearly 330,000 public stations for charging EVs. Moreover, the growing support from the government, in terms of subsidies for EVs and charging stations, declining total cost of ownership (TCO), and surging environmental concerns will embolden the EV charging infrastructure in the region.

According to P&S Intelligence, the North American EVSE market will exhibit the fastest growth in the foreseeable future. This will be due to the increasing installation of charging stations to support the high adoption of plug-in electric vehicles (PEVs) in the region. For example, 236,700 PEVs were sold in the U.S. in the first quarter of 2019. Moreover, the rising support from governments, in the form of subsidies, incentives, and tax credits, will facilitate the installation of EV charging stations in the region.

Thus, with the growing adoption of DC chargers and rising government support, the EV charging ecosystem will improve in the coming years. 

What are Main Factors Responsible for Surge in India Electric Loader Rickshaw Market?

As per the India Brand Equity Foundation (IBEF), the e-commerce sector in the country is witnessing significant growth, and it is expected to surpass that of the U.S. to become the second-largest in the world by 2034. The prospering e-commerce sector, on account of the surging penetration of smartphones and the internet and changing consumption patterns, will augment the deployment of electric loader rickshaws for cargo delivery. Owing to this reason, the Indian electric loader rickshaw market will advance at a considerable rate during 2020–2030.

India Electric Loader Rickshaw Market - P&S Intelligence

The presence of such vehicles on Indian roads has surged in the last two years owing to the rising environmental concerns and technological advancements in the automobile industry. To mitigate the rising air pollution levels, the central government and state governments are offering incentives and subsidies on electric three-wheelers, thereby fueling the production and adoption of electric loader rickshaw across India. These vehicles can carry cargo loads of up to 450 kg, thus making them ideal for light-to-medium-duty urban freight transport operations.

According to P&S Intelligence, the Indian electric loader rickshaw market has a strong presence in Ahmedabad. Around 70% of all the electric rickshaws in Ahmedabad are loader rickshaws, whereas in Gurugram, 15%–20% are loader rickshaws. Moreover, the percentage of electric loaders is rising in the electric cargo three-wheeler fleet of Delhi. Apart from these, several cities of Uttar Pradesh, Madhya Pradesh, West Bengal, Bihar, Rajasthan, Punjab, Assam, and Jharkhand are adopting a significant number of electric loader rickshaws.

The requirement for these three-wheelers in different states of India is met by Victory Electric Vehicles International Pvt. Ltd., Kinetic Green Energy & Power Solutions Ltd., Lohia Auto Industries, Hero Electric Vehicles Pvt. Ltd., and Terra Motors Corp. These companies are focusing on expanding their production capacities and introducing new and improved variants due to the favorable government policies and high preference for technologically advanced and energy-efficient vehicles.

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Thus, the progressing e-commerce sector and rising government support will boost the number of electric loader rickshaws on Indian roads.

Electric Truck Market to Record CAGR of 18.5% and Increase in Revenue by 2030

 The electric truck market is expanding on account of the low maintenance and operational costs of these automobiles, reducing prices of batteries, and support by governments. These factors would drive the industry at an 18.5% CAGR between 2018 and 2025, at which rate the sales volume in the industry will rise to 1,508.1 thousand units by 2025. Instead of, or in combination with an internal combustion engine (ICE), which is majorly fueled by diesel, these vehicles have an electric motor and battery.

Electric Truck Market 2021

Based on propulsion, the electric truck market divisions are hybrid electric vehicle (HEV), battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), and fuel cell electric vehicle (FCEV). Among these, the highest CAGR during the forecast period will be witnessed by the BEV category, as governments around the world are offering strong manufacturing and purchase support for pure-electric vehicles (EV). This is because BEVs only have a battery and motor, which makes them operationally non-polluting over PHEVs and HEVs.

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The categories under the application segment of the electric truck market are municipal, logistics, and others. Among these, the logistics category held the largest share in the industry during the historical period (2013–2017), and the situation till 2025 will be the same. This is owed to the increasing trade activities, which are leading to the rising demand for the transportation of cargo. Within a country, road transport is the cheapest, which is why logistics companies employ large truck fleets. As ICE-based trucks lead to high-volume carbon emissions, logistics companies are shifting to electric variants.

The Asia-Pacific (APAC) electric truck market witnessed the highest sales in 2017 because of the strong government support for their production and usage, local laws to have the desired quality of air, and government initiatives to replace conventional automobiles with cleaner alternatives. Additionally, APAC, led by China, is the largest producer of lithium-ion batteries, which results in their easy and cost-effective availability. The high battery prices have made EVs expensive till now, but efforts are on to produce cheaper batteries, at the same time increasing their energy density for a longer driving range.

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Hence, government support and emission laws will continue pushing up the sales of electric trucks across the globe.

North America Acid-Etched Glass Market Opportunities & Forecast To 2030

Compared to 268,786,714 in 2018, urban dwellers in the U.S. numbered 273,975,139 in 2020, as per Worldometers.info. This factor is likely to propel the North American acid-etched glass market revenue to $403.1 million by 2030 from $237.3 million in 2020, at a 5.5% CAGR during 2021–2030. This is because moving to cities generally leads to a rise in the disposable income of people, thereby allowing them to purchase such luxuries.

North America Acid-Etched Glass Market

In the coming years, the low-e coated category will observe the fastest growth in the North American acid-etched glass market, based on type. Such glass has a low-emissivity coating, which reflects long-wave infrared energy, or heat, and prevents the amount of solar heat absorbed. In doing so, it raises the energy efficiency of the glazing, which is why it is fast becoming popular in the region.

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The U.S. is the larger and faster-growing country in the North American acid-etched glass market because of its larger population and construction sector than Canada. Every year, structures worth $1.3 trillion are built in the country by more than seven million people, who work for over 680,000 companies associated with various steps in the industry value chain.

The most-significant companies in the North American acid-etched glass market are Bear Glass, OcuGlass LLC, Guardian Industries Holdings LLC, Walker Glass Company Ltd., Cosmopolitan Glass INC., CARVART, General Glass International, Asahi Kasei Corporation, Dillmeier Glass Company, and Compagnie de Saint-Gobain S.A.

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The research offers market size of the North American acid-etched glass market for the period 2014–2030.

Market Segmentation by Type

·      Low-e Coated

·      Patterned

·      Anti-Slip

·      Plain

·      Others

Market Segmentation by Thickness

·      4 mm

·      5 mm

·      6 mm

·      8 mm

·      10 mm

·      12 mm

·      Others

Market Segmentation by Size

·      1.35 Meter Square

·      3.15 Meter Square

·      6.25 Meter Square

·      Others

Market Segmentation by Application

·      Doors

·      Windows

·      Partition Walls

·      Shelves

·      Railings

·      Others

Market Segmentation by End User

·      Residential

·      Commercial

Market Segmentation by Country

·      U.S.

o   By type

o   By thickness

o   By size

o   By application

o   By end User

·      Canada

o   By type

o   By thickness

o   By size

o   By application

o   By end User

 

Automotive Software Market to Record CAGR of 12.4% and Increase in Revenue by 2030

Owing to urbanization, the demand for connected cars has increased significantly over the past few years. Take for instance the connected car market, which reached a value of about $72.5 billion in 2019. The demand for these cars is major increasing because of the surging concerns regarding security and safety, introduction of IoT in the automotive industry, and need for improved driving experience. IoT provides a number of advanced connectivity solutions and infotainment services for drivers. 

Automotive Software Market Report 2021-2030

Ascribed to this rising demand for connected cars, the automotive software market is registering significant growth as well. Automotive software include a number of requirements, such as cyber security, safety, performance, usability, and adaptability. It cover a wide array of applications from embedded real-time firmware to secured cloud solutions. The introduction of advanced technologies for improved user interface is also a major factor that is leading to the growing need for automotive software. 

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In addition to making vehicles more technically capable, it is also important to design technologies in such a way that they are more human and personal. For example, Model S by Tesla Inc. has some physical controls near or on the steering wheel, while majority of secondary function do not have any designated physical control. These functions can be accessed via a 17-inch touchscreen display that is placed on the dashboard of the vehicle. Interfaces like these need software for technology integration, which is leading to the growth of the market. 

The global automotive software market is predicted to reach a value of $78,894.2 million by 2030, increasing from $28,214.6 million in 2016, advancing at a 12.4% CAGR during the forecast period (2020–2030). On the basis of software, the market is divided into OS and middleware, ADAS and autonomous driving (AD), body & energy, infotainment, connectivity, security, & connected services, and powertrain & chassis. Out of these, the ADAS and AD division accounted for the largest share of the market in the past. 

Technologies such as automatic braking, lane assist, and ADAS considerably improve the driving experience, thereby making it safer than ever. These technologies further aid in decreasing traffic rule violations, which, in turn, leads to decline in the road accidents and improvement of the driver experience. Moreover, various companies are taking up R&D activities for deploying autonomous car that are majorly dependent on this software. These efforts for deploying ADAS and AD is positively impacting the market. 

Geographically, the Asia-Pacific region held the major share of the automotive software market during the historical period (2014–2019), according to a P&S Intelligence report. The region is the major market for vehicles, along with which, the advancing economy and increasing purchasing power of customers is leading to growing need for advanced features in vehicles. The rising integration of advanced application, including auto-park assist, human-machine interface, and keyless entry, are creating need for automotive software in the region. 

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Hence, the market is growing due to the rising deployment of connected cars and technological advancements for enhancing user interface. 

Boom Expected in Baby Care Products Market in Future

Compared to 490,292,000 during 1950–1955, 701,278,000 births took place around the globe during 2015–2020, as per the United Nations (UN). Raising babies is a lot of effort since they are helpless and completely dependent on grownups for at least a couple of years. Even after being weaned off the breastmilk, it takes some time for them to be able to ingest proper food. Similarly, their sensitive skin demands the highest level of hygiene and cleanliness. However, the soaps and other bathing and sanitary products used by adults are often harsh on babies’ skin, which is why the latter need specially formulated products.

Demand for Baby Care Products - Research Report

Thus, the increasing awareness on these issues has given birth to the baby care products market, which, as per P&S Intelligence, has a rather bright future ahead. Apart from the rising birth count, the decreasing child mortality rate is also leading to the growing demand for baby care products, as this means that more babies are surviving. According to the UN, from 12.494 million and 5.014 million in 1991, the number of under-five-year-old and newly born children dying dropped sharply to 5.189 million and 2.44 million, respectively, in 2019.

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Further, supermarkets and hypermarkets have started offering baby care products with an organic profile. Even though conventional products are created keeping children’s sensitive bodies in mind, they still contain chemicals, which can be harmful at times. Therefore, the demand for products containing organic ingredients is rising, as they are comparatively less harmful to the baby skin. Though these products are often more expensive than conventional ones, people are buying them aided by their increasing purchasing power.

Those who cannot yet afford premium products are going for mass products, which account for the higher sales. This is because most of the people on earth fall in the low- and middle-income groups, especially in developing countries. Overall, Asia-Pacific (APAC) is expected to witness the fastest growth in the baby care products market because of its vast population and high birth rate. Moreover, lifestyle magazines, social media, awareness campaigns, and TV shows are increasing the knowledge of people on this issue, which is why more of them are now focusing on childcare.

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Thus, with people’s rising awareness on baby care and their increasing income, the demand for the associated products will shoot up.

Used Automotive Lithium-Ion Battery Market Expected to Reach $7,392.0 Million, Globally, by 2030

Lithium-ion batteries have only 2–7% lithium, and procuring it through recycling is five times more expensive than extracting it from natural sources. Cobalt is the only material in these batteries that can be extracted feasibly. Battery companies are, therefore, focusing on the development of batteries that contain zero or a minimum percentage of cobalt, by replacing it with a cheaper and more-stable material, thereby creating batteries that might not have any cobalt to recycle. The expensive recycling process will also lead to the use of depleted automotive lithium-ion batteries that have around 70% of their initial efficiency for other purposes, globally.

Second-Life Automotive Lithium-Ion Battery Market

The widening availability of second-life automotive lithium-ion batteries can be owed to the increasing adoption of electric vehicles (EVs) worldwide. The rising sales of EVs can themselves be ascribed to the surging environmental concerns, primarily on account of the accelerating ozone depletion rate. Currently, the automobile sector accounts for nearly 43% of the total greenhouse gas emissions. Thus, the soaring demand for EVs will drive the second-life automotive lithium-ion battery market at a 23.1% CAGR during the forecast period (2020–2030). The market stood at $430.0 million in 2019, and it is projected to reach $7,392.0 million by 2030.

The European second-life automotive lithium-ion battery market is expected to exhibit the fastest growth in the forecast years, primarily on account of the soaring EV sales. Additionally, Europe also adopted a strategic action plan for batteries in 2018 to create a value chain in the region that includes facilities for extracting raw materials, sourcing and processing them, manufacturing the cells and battery systems, and recycling and reusing the discarded batteries. Moreover, the rising investments in battery manufacturing units in the region, owing to the growing EV production, will support the market growth.

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Thus, the expensive recycling process and rapid shift toward EVs have accelerated the demand for and availability of second-life automotive lithium-ion battery worldwide, respectively.

What is the Potential Demand for Asia-Pacific Electric Car Market?

As the air quality deteriorates and the prevalence of various lung diseases increases in the Asia-Pacific (APAC) region, the attention of governments, regulatory authorities, policymakers, and citizens is finally shifting toward the elephant in the room, that is, the large-scale usage of fossil-fuel-powered vehicles for both personal commuting and transportation of goods. The harmful emissions released from these vehicles are one of the major causes of air pollution and the rapid environmental degradation.

To combat the situation and make the air in urban areas breathable again, governments of several APAC countries are implementing policies aimed at promoting the deployment of eco-friendly modes of transport, such as electric cars. This is, in turn, fueling the advancement of the Asia-Pacific (APAC) electric car market. For instance, as per industry experts, sales of electric vehicles grew in India by 32.0% or from nearly 576,000 units in 2018 to more than 760,000 units in 2019, among which 2,000 were passenger cars.

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For this, the government is providing subsidies and other kinds of financial assistance for the purchase of electric cars. After two years, the FAME I scheme was extended for two more years and later revised into FAME II, after the approval of the Union Cabinet in April 2019. Furthermore, the Delhi government, in a bid to boost the sale of electric vehicles in the city, recently announced that electric vehicles would be exempted from registration fees and road tax. Moreover, the Delhi government is offering a subsidy of INR 30,000 on the purchase of each two-wheeler, e-rickshaw, and auto-rickshaw and INR 1.5 lakh for each car.

This decision of the Transport Department of the Delhi government has been hailed by many industry experts and environmentalists as an important step for pushing up the usage of electric cars and other battery-powered vehicles in the city. Similarly, in China, the government is offering huge subsidies on the purchase of electric cars, on the basis of the vehicles’ battery size, to push up their usage in order to reduce the country’s dependence on fossil fuel imports. Moreover, South Korea is also doing its bit by targeting the installation of 10,000 fast EV chargers across the country by 2022.

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Additionally, the increasing per capita income and the rising awareness among the citizens about the environmental pollution caused due to the usage of oil- and gas-powered vehicles are fueling the sales of electric cars in the country. China also has a thriving electric battery manufacturing industry, which is further boosting the popularity of electric cars in the country.

Hence, it can be said with utmost confidence that the sales of electric cars would shoot up in Asia-Pacific (APAC) in the forthcoming years, primarily because of the escalating pollution levels in APAC countries due to the large-scale usage of oil- and gas-powered vehicles. The rapid implementation of favorable government initiatives and subsidy policies for the utilization of these vehicles is further expected to make them popular among the masses.

What is the Potential Demand for Electric Scooters and Motorcycles Market in Europe?

A number of growth factors, such as the proliferation of electric two-wheelers in sharing services, rise in the traffic concerns in the region, focus on reducing greenhouse gas emissions, and implementation of stringent emission regulations, are expected to propel the European electric scooters and motorcycles market at a CAGR of 27.6% during the forecast period (2020–2025). According to P&S Intelligence, the market generated $284.2 million in 2019,which is projected to reach $758.5 million by 2025.

Europe Electric Scooters and Motorcycles Market

The European electric scooters and motorcycles market growth is driven by the proliferation of electric scooters in sharing fleets in major European countries. This is due to the presence of several sharing service providers, with a large number of electric scooters in their fleets. For instance, France had around 2,560 electric scooters and Italy had about 1,225 scooters in their sharing fleets in 2019, which are expected to grow in the coming years. Thus, the increasing deployment of electric scooters for sharing services plays a pivotal role in the market growth.

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Seeing the increasing greenhouse gas emissions in Europe, governments have been implementing rigorous environmental policies and taking various initiatives, in order to curtail environmental degradation and increase the consciousness about reducing these emissions. For example, around 1,095 million tons of carbon dioxide were discharged from automobiles in 2017, as compared to 1,080 million tons in 2016. Thus, the rising amount of exhaust fumes from vehicles is increasing the environmental concerns, which, in turn, is compelling the governments to adopt and promote electric vehicles (EVs), including scooters and motorcycles.

The product segment of the European electric scooters and motorcycles market is categorized into scooter, high-powered motorcycle, and low-powered motorcycle. Under this segment, the scooter category held the largest market share in 2019, and it is projected to witness the same trend in the coming years. This is attributed to the increasing government support, in the form of tax incentives, for electric two-wheelers. Moreover, electric scooters are lightweight and easy to ride, and their cost is also lower than electric motorcycles.

Moreover, the European electric scooters and motorcycles market is classified into <50 km, 50–100 km, 101–150 km, and >150 km, based on range. Among these, the 50–100 km category held the largest market share in 2019, and it is projected to lead the industry in the coming years. This is ascribed to the surging demand for electric motorcycles and scooters with a longer driving range, of 50–100 km, on a single charge. Additionally, these vehicles are available at reasonable prices in the region.

At the country level, France held the largest share in the European electric scooters and motorcycles market in 2019, on account of the increasing demand for EVs in the country and the rising number of government initiatives, to reduce greenhouse gas emissions. On the other hand, the market in Spain is projected to record the fastest growth during the forecast period. This can be attributed to the surging demand for electric two-wheelers in the country and government initiatives to draw consumers’ attention toward electric variants from conventional vehicles.

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Thus, the induction of electric scooters into sharing fleets and the rising focus on reducing greenhouse gas emissions will accelerate the market growth in the foreseeable future.

Massive Growth of Electric Vehicle Charging Cables Market by 2030

The global EV charging cables market generated a revenue of approximately $250 million in 2020, and it will exhibit huge expansion from 2021 to 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The factors fueling the market surge are the growing deployment of electric vehicles (EVs), increasing concerns being raised over the escalating air pollution levels, and the burgeoning demand for public EV charging facilities and infrastructure.

Electric Vehicle Charging Cables Market

With the soaring adoption of EVs, the governments of many countries are actively focusing on developing EV charging stations. Moreover, several governments are making huge investments for developing and installing EV charging stations in various public places. As per the International Energy Agency (IEA), the total number of EV charging points around the world increased by nearly 44% from 2017 to 2018. The development of these stations is fueling the advancement of the electric vehicle charging cables market.

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Depending on power supply, the market is divided into direct current (DC) and alternating current (AC) categories. Between these, the AC category is predicted to dominate the market in the forthcoming years. This is credited to the surging installation of charging facilities in various private settings such as homes and offices. The market is also classified, on the basis of cable shape, into coiled and straight categories. Of these, the straight category generated the higher revenue in the past years.

Furthermore, this category is predicted to hold the larger share in the market in the upcoming years. This is ascribed to the lower maintenance and operating costs and the greater ease of installation of these cables than the coiled ones. Across the globe, the Asia-Pacific (APAC) region held the largest share in the electric vehicle charging cables market in 2020, with China contributing the highest revenue to the APAC market.

Boom Expected in Electric Power Steering Market in Future

The growing integration of electric power steering (EPS) systems in commercial vehicles such as buses and trucks is pushing up their demand all over the world. Commercial vehicles usually operate at night and have to travel through remote locations, often facing harsh weather and conditions. Thus, commercial vehicle drivers and fleet owners are increasingly incorporating electric power steering systems in their vehicles in order to reduce the chances of road accidents.

Electric Power Steering Market

Additionally, the implementation of regulations regarding the adoption of advanced driver assistance systems (ADAS) with several vehicle systems by the governments of various countries is also propelling the demand for electric power steering systems. For example, as per the Regulation No. 79 of the Economic Commission for Europe, of the United Nations (UN/ECE), the uniform provisions pertaining to the approval of automobiles mandate the installation of advanced steering equipment in vehicles.

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This is, in turn, fueling the expansion of the global electric power steering market. EPS systems are installed in both commercial vehicles and passenger cars. Between these two, the adoption of these systems was found to be higher in the passenger cars between 2014 and 2019. This was because of the large number of passenger cars in operation and the launch of new models equipped with advanced EPS systems.

Hence, it can be said with confidence that the demand for electric power steering systems will surge sharply in the coming years, primarily because of their growing requirement in the commercial vehicles, on account of the rising prevalence of road accidents and the enactment of stringent government regulations regarding their integration in these vehicles across the world.

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Electric Power Steering Market Size Breakdown by Segment

The electric power steering market report offers comprehensive market segmentation analysis along with market estimation for the period 2015–2030.

Based on Type

·      Rack assist

·      Column assist

·      Pinion assist

Based on Vehicle Type

·      Passenger car

·      Commercial Vehicle

Based on Mechanism

·      Collapsible

·      Rigid

Based on Components

·      Steering Wheel

·      Steering Column

·      Sensors

·      Steering Gear

·      Mechanical Rack and Pinion

·      Electronic Control Unit (ECU)

·      Electric Motor

·      Bearings

Based on Motor Type

·      Brushed DC Motors

·      Brushless DC Motors

 

Massive Growth of Mexico Shower Glass Door Market by 2030

The flourishing tourism and hospitality industries and increasing consumer focus on do-it-yourself (DIY) activities and home décor will drive the Mexican shower glass door market at a 6.7% CAGR during the forecast period (2021–2030). According to P&S Intelligence, the market stood at $255.7 million in 2020 and it is expected to reach $483.1 million by 2030. Moreover, the rising purchasing power of customers, on account of enhancing per capita income, will allow them to spend on luxury consumer goods, such as shower glass doors.

Mexico Shower Glass Door Market

The expanding tourism and hospitality sectors have a positive impact on the Mexican shower glass door market. The growth in these sectors has resulted in an exponential rise in the number of resorts and hotels. Owing to this reason, the adoption of shower glass doors has significantly increased. As bathrooms are an important part of the resorts and hotels, the service charges of rooms also depend on the luxury components of the bathrooms.

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The shower glass door products offered through indirect sales and direct sales channels in Mexico are produced by Megaluminio Servicios Sociedad Anónima de Capital Variable, Luxury Glass Doors, Contractors Wardrobe Inc., Soliglass S.A. de C.V., American Standard Brands, Luma ´k S.A. de C.V., Vitralum Glass Solutions Inc., Kinetic S.A. de C.V., VIGO Industries LLC, and Foshan Korra Bath Ware Co. Ltd. These market players are involved in the production of framed and frameless shower glass doors, which are being adopted in the country.

Thus, the bolstering tourism and hospitality industries and the growing popularity of the DIY concept will augment the demand for shower glass doors in Mexico, during the forecast period.

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The research offers market size of the Mexico Shower Glass Door market for the period 2014–2030.

Market Segmentation by Product Type

·      Frameless

·      Framed

Market Segmentation by Sales Channel

·      Indirect Sales

o   Kitchen and bath showrooms

o   Big-box stores

o   Online channels

·      Direct Sales

Market Segmentation by Glass Type

·      Tempered

·      Laminated

·      Others

Market Segmentation by Door Type

·      Bifold

·      Sliding

·      Single

Market Segmentation by Thickness

·      1/4”

·      5/16”

·      3/8”

·      1/2”

·      Others

Market Segmentation by End User

·      Residential

·      Commercial

o   Hospitality

o   Healthcare

o   Corporate

o   Others