Summary of the Report
Global Automotive Glass Market, By Glass Type (Laminated Glass, Tempered Glass, and Others), By Technology (Active and Passive), By Applications (Windshield, Sidelite, Backlite, Rear Quarter Glass, Sideview Glass, and Rearview Glass), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Truck, and Bus), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Size, Share Outlook, and Opportunity Analysis, 2018-2026.
Market Overview:
Automotive glass has different parts such as bumpers, side windows, windscreens, and windshields. The windscreen is usually made of laminated windscreens that are sandwiched between two sheet glass panels, while the window is made of toughened safety glass with an anti-ultraviolet (UV) layer. Both the windscreen and window are usually split into two pieces by a thin airfoil and a thick laminated sheet. Side windows are either raised or lowered and tilted by a hinge or by pressing a button or press with a hand Hydraulic glass panels are usually used on sedans and pick-up trucks. Automotive glass repair service providers are well-versed with all the types of glass available for vehicles, such as automotive glass for windows and windshields, auto glass for bumpers and tailgates, and automotive glass for headlights and grilles. They also deal with repaired windshields as well as replace damaged ones.
Competitive Landscape:
Major players operating in the global automotive glass market include Magna International, Corning, Gentex Corporation, Nippon Sheet Glass, Xinyi Glass, Webasto, Samvardhana Motherson, Fuyao Glass, Asahi Glass, and Saint-Gobain.
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Key Market Drivers:
Increasing sales of automobiles in the world is the main factor that is expected to drive the growth of the global automotive glass market. For instance, according to the International Organization of Motor Vehicle Manufacturers, in 2020 around 63.8 million cars were sold in the world. For large automotive glass repairs, users should call and ask for the services of a reputable glass company because they do not want to risk further damage to the automobile or even death if the damage is too severe. When repairing the windshields, users should make sure that they use the latest technology and methodologies to ensure that they get the best results. The technicians are trained to handle any kind of glass repair, be it a minor chip or a large shattered window. If users have a wrecked vehicle, they may want to consider having the body repaired instead of replacing the glass because of the complexities in making the body match the glass. In this way, the damage done to the vehicle’s body may not be as bad as the windshield damage. Increasing product and service launches by key market players are estimated to boost the growth of the global automotive glass market.
Geographically, the report examines production, consumption, revenue, market share, growth rate, and forecasts for the following regions:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Covid-19 Impact Analysis:
During the ongoing pandemic, several key market players have faced various challenges, owing to increasing lockdown measures and travel restrictions. However, they have continued to introduce new products in the market and this has affected the growth of the global automotive glass market. For instance, in January 2020, BMW launched an intelligent glass control for the iNextits electric SUV model.
Some of the important questions answered in this report include:
What are the top five Automotive Glass Market players?
What will the Automotive Glass Market look like in the following years?
Which product and application will dominate the Automotive Glass Market?
What are the Automotive Glass Market’s drivers and restraints?
Which regional market will represent the highest growth?
What will be the CAGR and market size of the Automotive Glass Market over the forecast period?
What is the present market size, what will it be in 2029, and what will be the growth rate?
What are the constraints to market growth?
What market opportunities and risks do the key companies face?
Who are the main competitors, and what is their strategic approach?
What are the market’s entry challenges for new players?
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Detailed TOC of Automotive Glass Market Forecast Report:
1 Automotive Glass Market Overview
1.1 Product Overview and Scope of Automotive Glass Market
1.2 Segment by Type
1.3 Global Segment by Application
1.4 Global Market, Region Wise (2017-2022)
1.5 Global Market Size of Automotive Glass Market (2017-2029)
2 Global Automotive Glass Market Landscape by Player
2.1 Global Automotive Glass Market Sales and Share by Player (2017-2022)
2.2 Global Revenue and Market Share by Player (2017-2022)
2.3 Global Average Price by Player (2017-2022)
2.4 Global Gross Margin by Player (2017-2022)
2.5 Manufacturing Base Distribution, Sales Area and Product Type by Player
2.6 Market Competitive Situation and Trends
3 Automotive Glass Market Upstream and Downstream Analysis
3.1 Industrial Chain Analysis
3.2 Key Raw Materials Suppliers and Price Analysis
3.3 Key Raw Materials Supply and Demand Analysis
3.4 Manufacturing Process Analysis
3.5 Market Concentration Rate of Raw Materials
3.6 Downstream Buyers
3.7 Value Chain Status Under COVID-19
Market Scale and Segment Analysis:
By Glass Type
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Laminated Glass
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Tempered Glass
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Other Glass
By Technology
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Active
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Passive
By Applications
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Windshield
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Sidelite
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Backlite
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Rear Quarter Glass
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Sideview Glass
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Rearview Glass
By Vehicle Type
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Passenger Car
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Light Commercial Vehicle
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Truck
-
Bus
By Region
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North America
-
Europe
-
Asia Pacific
-
Latin America
-
Middle East
-
Africa
Key Takeaways:
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The size of the global automotive glass market is estimated to increase at a CAGR of 4.80% and is projected to reach around US$ 23.59 billion by 2025, owing to increasing product launches by key market players. For instance, in February 2020, Citrine Informatics, Inc and AGC Glass Europe collaborated in order to develop a new glass technology by using artificial intelligence.
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The Asia Pacific is expected to hold a major share of the global automotive glass market, owing to the increasing rate of disposable income in the developing nations of the region. For instance, according to Financial Express, India now earns 30% more currently than 6 years ago.
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North America is estimated to witness high growth in the global automotive glass market, owing to the increasing prevalence of key market players in the region. For instance, in July 2021, Jeep’s Performance Parts division (JPP) launched Gorilla Glass windshields for the Gladiator and Wrangler SUV.
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The post Automotive Glass Market 2022 reflects significant growth in the future with analysis of size, share, growth and leading companies – Xinyi Glass, Webasto, Samvardhana Motherson appeared first on Gatorledger.
