Global Module Assembly Window Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Module Assembly Window Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Module Assembly Window market finds that the global Module Assembly Window market reached a value of USD 1742.35 million in 2022. It’s expected that the market will achieve USD 2786.0 million by 2028, exhibiting a CAGR of 8.14% during the forecast period.

Economic recovery promotes the development of the automotive industry

Since entering 2018, it has benefited from the US economic recovery and strong fiscal expansion. Although since the second half of 2018, with the intensification of trade tensions, the increase in global debt and the uncertainty of the monetary policy adjustments of developed countries, it may lead to a slowdown in global economic growth in the short term, the consensus on long-term global growth in the medium and long term is basically Established and benefiting from this, the global automotive industry will maintain a stable development trend in the medium and long term. The stable development of the automotive industry has promoted the market demand for Module Assembly Window and promoted the development of the industry.

Higher funding barriers and technical barriers

Advanced assembly technology requires advanced process equipment, and the level of design and manufacturing of process equipment is critical to ensuring efficient production and high-quality products. It is also a sign of the level of automotive assembly technology. Therefore, advanced technology and process equipment are very important and account for a large proportion of costs, raising the technical and capital barriers of the industry. For new entrants, larger barriers to entry prevent them from entering the market.

Strong Chinese market demand

In 2017, there were 156 cars per thousand people in China. Compared with 600-800 thousand people in developed countries such as Europe, the United States, and Japan, it is still a young automobile market with an objective market growth rate. On the other hand, with the continuous improvement of China's infrastructure, the demand for the Module Assembly Window in its construction market has continued to increase, which has provided the industry with impetus for the development of the region.

Region Overview:

Europe is projected to account for a considerable share of the Module Assembly Window market and is expected to become the largest region by 2028.

Company Overview:

VELUX is one of the major players operating in the Module Assembly Window market, holding a share of 18.51% in 2023.

VELUX

Velux A/S manufactures and markets building materials. The Company offers windows, skylights, sun tunnels, blinds and shutters, home automation, solar energy systems, rooflights, accessories, and maintenance services. Velux serves customers worldwide.

AGC Inc.

AGC Inc. manufactures and sells glass products. The Company produces architectural glass, automotive glass, applied glass materials, and other products. AGC also produces electronics, chemicals, and other products.

Segmentation Overview:

As for product types, the Architecture Window segment held the largest market share in 2022.

Architecture Window

Refers to the Module Assembly Window for automotive assembly. With the Module Assembly Window, the molded parts and surrounding resin parts can improve aerodynamics and internal acoustic performance.

Automotive Window

The Module Assembly Window for buildings can be combined with a variety of roof light configurations to provide the perfect solution for a variety of building types. It can be used in narrow corridors, internal courts, studios, large circulation spaces and other places.

Application Overview:

By application, the Aftermarket segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Module Assembly Window market covered in Chapter 3:

AGC Inc.
PortaFab
Fuyao
Nippon Sheet Glass
WinTech
Saint-Gobain
Quest Windows
VELUX

In Chapter 4 and Chapter 14.2, on the basis of types, the Module Assembly Window market from 2018 to 2029 is primarily split into:

Architecture Window
Automotive Window

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Module Assembly Window market from 2018 to 2029 covers:

OEMs
Aftermarket

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)