Automotive Glass Market 2027: Outlook, Insights, Trends, Size, Forecast, Opportunity, Demand Analysis

Automotive Glass Market 2027: Outlook, Insights, Trends, Size, Forecast, Opportunity, Demand Analysis

Automotive Glass Market 2027: Outlook, Insights, Trends, Size, Forecast, Opportunity, Demand Analysis

Increasing growth in the automobile production and sales coupled with rising demand of value added features are driving the automotive glass market

The glasses of different types are used in automobile for instance rear windows, windshield, side windows and glass panel roof. They are integral part of vehicles. Now day’s automotive manufacturers are proffering low weigh automotive glass so that it contributes minimal weight to overall weight of the vehicles.

Automotive Glass Market Dynamics:

Increasing growth in the automobile production and sales coupled with rising demand of value added features like electronic switch abled glasses are some of the factors which are driving the automotive glass market. Furthermore, Increase in growth of disposable income and changing lifestyle of the consumers leads to development of automobile production which in turn creating a demand for automotive glass market.

Increasing demand of low weight vehicles owing to government regulation and policies over emission reduction and growing preference of fuel efficient vehicles are propelling the demand of ultra-thin & tough windshield glasses. In addition to this growing demand of SUV’s especially in growing countries is also driving the automotive glass market as the average proportion of glass required in SUV’s are more than sedan.

Increasing demand of safety and comfortability leads to development of advance glass and smart glass for the vehicles which is expected to propel the growth of the automotive glass market in near future. The automotive glass market growth is not only depending on the OEM’s but also on aftersales manufacturer.  It has been witnessed that owing to increase in the replacement rate of automotive glass the after sales manufacturers enjoy improved growth.

Automotive Glass Market Regional Outlook:

It has been expected that Asia Pacific accounts highest percentage of CAGR of automotive glass market. Owing to increasing GDP, rising disposable income and changing life style of the consumers of emerging countries like India and China.

The North America and Europe holds the significant number of market share in automotive glass market as most of the major manufacturers of automobile are located in these regions.

Automotive Glass Market Regional Outlook:

The automotive glass market is segmented on the basis of vehicle type, sales channel, glass type and application

On the basis of vehicle type, the automotive glass market is segmented as follows:

  • Passenger Vehicles
  • Commercial vehicles

On the basis of glass type, the automotive glass market is segmented as follows:

  • Laminated
  • Tempered
  • Others

On the basis of application type, the automotive glass market is segmented as follows:

  • Windshield
  • Backlite
  • Sidelite
  • Side-view mirror
  • Rear Quarter Glass
  • Rear-view mirror

On the basis of sales channel, the automotive glass market is segmented as follows:

  • OEM’s
  • Aftermarket

On the basis of material type, the automotive glass market is segmented as follows:

  • Metal Coated Glass
  • IR-PVB
  • Tinted Glass
  • Others

Automotive Chassis Electronics Market: Key Players

  • The major player in automotive glass market are:
    • Asahi Glass Co., Ltd.
    • Saint-Gobain S.A.
    • Dura Automotive Systems
    • Fuyao Glass Industry Group Co., Ltd.
    • Xinyi Glass Holdings Ltd.
    • Nippon Sheet Glass Co., Ltd.
    • Central Glass Co., Ltd.
    • Magna International Inc.
    • Guardian Industries Corporation
    • Gentex Corporation
    • LKQ Corporation
    • Shenzhen Benson Automobile Glass Co., Ltd
    • las Trösch Holding AG

The research study contains a comprehensive assessment of the industry and contains thoughtful facts, insights, historical data and market data. It also contains forecasted values using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Competitive Landscape
  • Technology
  • Value Chain

The regional analysis includes:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

The market study is compiled with the quantitative and qualitative assessment by industry analysts, inputs from industry thought leaders and industry participants across the value chain. The report includes analysis of parent market trends, macro-economic factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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