Global Automotive Glass Market 2023-2027
The automotive glass market is forecasted to grow by USD 4.72 bn during 2022-2027, accelerating at a CAGR of 4.15% during the forecast period. The report on the automotive glass market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for premium vehicles and sunroofs, growing investment in glass manufacturing due to stable raw materials prices, and growing demand for passenger safety and comfort.
Technavio's automotive glass market is segmented as below:
By Application
- Passenger cars
- Light commercial vehicle
- Medium&heavy commercial vehicle
By Type
- Laminated glass
- Tempered glass
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing popularity of innovative automotive glass as one of the prime reasons driving the automotive glass market growth during the next few years. Also, increasing technology integration with automotive windshields and increasing license acquisition and investments in intelligent glass will lead to sizable demand in the market.
The report on the automotive glass market covers the following areas:
- Automotive glass market sizing
- Automotive glass market forecast
- Automotive glass market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive glass market vendors that include AGC Inc., AGP Group, Benson Auto Glass LLC, Central Glass Co. Ltd., Compagnie de Saint Gobain, Corning Inc., Fuso Glass India Pvt. Ltd., Fuyao Glass Industry Group Co. Ltd., Gauzy Ltd., Gentex Corp., Independent Glass Co. Ltd., Koch Industries Inc., Kochhar Glass India Pvt. Ltd., Magna International Inc., Nippon Sheet Glass Co. Ltd., Olimpia Auto Glass Inc., PG Group Pty. Ltd., Vitro SAB De CV, Webasto SE, and Xinyi Glass Holdings Ltd.. Also, the automotive glass market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.