The glass used in the manufacturing of cars and other vehicles is different from those used in building and construction activities. The automotive glass is more of safety glass to protect the vehicle as well as occupant inside it. Tempered and laminated glassed are used in windshields, the vehicle's side, and back windows. Increasing use in the sunroof segment is also witnessed in recent years. The increasing sales of automobiles provide a positive outlook for the market players in the coming years.
MARKET DYNAMICS
The automotive glass market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of smart glass and increasing applicability of glass in automobiles. Also, the demand for laminated glazing is expected to boost market growth. However, alternatives like polycarbonate glazing may hinder the growth of the automotive glass market during the forecast period. On the other hand, the manufacturers can expect substantial growth prospects with the introduction of energy-efficient glass and device embedded glass.
MARKET SCOPE
The "Global Automotive Glass Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive glass market with detailed market segmentation by type, material, vehicle type, and geography. The global automotive glass market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive glass market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive glass market is segmented on the basis of type, material, and vehicle type. Based on type, the market is segmented as laminated glass, tempered glass, and others. On the basis of the material, the market is segmented as tinted glass, IR PVB, metal coated, and others. The market on the basis of the vehicle type is classified as passenger cars and commercial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive glass market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive glass market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive glass market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the automotive glass market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive glass market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from automotive glass market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive glass in the global market. Below mentioned is the list of few companies engaged in the automotive glass market.
The report also includes the profiles of key automotive glass companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- AGC Inc
- Corning Incorporated
- Fuyao Glass Industry Group Co. Ltd
- Gentex Corporation
- Guardian Industries
- Nippon Sheet Glass Co., Ltd
- Saint-Gobain Sekurit
- Sisecam Group
- Vitro SAB de CV
- Xinyi Glass Holdings Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.