Austin, TX, USA, April 19, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Automotive Glass Market Size, Trends and Insights By Type (Tempered Glass, Laminated Glass, Others), By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Application (Windscreen, Sidelite, Backlite, Sunroof, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Automotive Glass Market size & share was valued at approximately USD 25.3 Billion in 2023 and is expected to reach USD 26.9 Billion in 2024 and is expected to reach a value of around USD 43.6 Billion by 2033, at a compound annual growth rate (CAGR) of about 5.3% during the forecast period 2024 to 2033.”
Click Here to Access a Free Sample Report of the Global Automotive Glass Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=43924
Automotive Glass Market: Overview
Automotive glass is a specialized form of glass used in vehicles such as cars, lorries, buses, and other autos. It performs numerous functions, including improving sight for drivers and passengers, shielding people from external factors, and providing a boost to the vehicle’s structural integrity.
The increasing emphasis on lightweight automobiles to improve fuel efficiency is promoting the use of lighter and more durable glass materials such as tempered and laminated glass.
Furthermore, there is a growing desire for innovative features like heads-up displays and augmented reality systems incorporated into windscreens, which improve driver safety and convenience.
A further significant trend is a drive towards environmentally friendly manufacturing procedures and the use of recycled materials in glass manufacture. Furthermore, the proliferation of electric and self-driving vehicles is increasing the demand for sophisticated glass technologies to enable new vehicle designs and sensor integration.
Additionally, the rapid development of the automobile industry in emerging nations, along with shifting customer preferences for aesthetics and functionality, is projected to fuel more innovation and growth in the worldwide automotive glass business.
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By type, the tempered glass segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Tempered glass dominates the automotive glass industry owing to its greater strength, security features, and resistance to breaking upon impact, which exceed high safety criteria and improve overall vehicle safety.
By vehicle type, the passenger vehicle segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Passenger vehicles propel the automotive glass industry owing to rising global demand for automobiles, which leads to increased demand for windscreens, windows, and sunroofs in vehicle manufacture.
By application, the windscreen segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Windscreen drives the automotive glass market owing to severe safety laws that require its usage, rising vehicle production, and growing customer awareness of the necessity of good visibility for safe driving.
The Asia-Pacific region dominates the automotive glass market owing to rapid urbanisation, increased vehicle manufacturing, and the need for sophisticated safety features, such as high-quality glass components in vehicles.
Fuyao Glass Industry Group Co., Ltd. is a Chinese manufacturing firm that produces float glass, vehicle glass, and construction glass. It is one of the the globe’s leading auto glass producers, serving major worldwide automakers like as Ford, General Motors, Toyota, Subaru, and the Volkswagen Group Group.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 26.9 Billion |
| Projected Market Size in 2033 | USD 43.6 Billion |
| Market Size in 2023 | USD 25.3 Billion |
| CAGR Growth Rate | 5.3% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Vehicle Type, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Automotive Glass report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Automotive Glass report has been modified to include the COVID-19 impact study prior to delivery.)
Request a Customized Copy of the Automotive Glass Market Report @ https://www.custommarketinsights.com/report/automotive-glass-market/
CMI has comprehensively analyzed the Global Automotive Glass market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Automotive Glass industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
Request a Customized Copy of the Automotive Glass Market Report @ https://www.custommarketinsights.com/report/automotive-glass-market/
Key questions answered in this report:
- What is the size of the Automotive Glass market and what is its expected growth rate?
- What are the primary driving factors that push the Automotive Glass market forward?
- What are the Automotive Glass Industry’s top companies?
- What are the different categories that the Automotive Glass Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Automotive Glass market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Automotive Glass Market: Regional Insight
By region, Automotive Glass market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific dominated the global Automotive Glass market in 2023 with a market share of 38% and is expected to keep its dominance during the forecast period 2024-2033.
Asia-Pacific fast economic expansion in nations such as China and India has increased vehicle production and sales, raising the need for automotive glass.
Furthermore, rising urbanisation and a growing middle class in the area have increased demand for passenger vehicles, driving up the market for automotive glass used in car windows, windscreens, and sunroofs.
Moreover, strict safety standards and a focus on decreasing vehicle weight to enhance fuel economy have accelerated the introduction of sophisticated automotive glass technologies that include laminated and tempered windows, which are rapidly being utilised in automobiles throughout Asia-Pacific.
These factors combine to position the Asia-Pacific market as a significant driver of development in the global automotive glass sector.
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List of the prominent players in the Automotive Glass Market:
- AGC Inc.
- Saint-Gobain
- NSG Group
- Fuyao Glass Industry Group Co. Ltd.
- Guardian Industries
- Nippon Sheet Glass Co. Ltd.
- Vitro S.A.B. de C.V.
- Central Glass Co. Ltd.
- Xinyi Glass Holdings Limited
- Gentex Corporation
- Magna International Inc.
- Pilkington Group Limited
- Schott AG
- Webasto SE
- Asahi India Glass Limited
- Shenzhen Benson Automobile Glass Co. Ltd.
- Carlex Glass America LLC
- Independent Glass Co.Ltd.
- Xinyi Glass Holdings Limited
- TAIWAN GLASS IND. CORP.
- Others
Click Here to Access a Free Sample Report of the Global Automotive Glass Market @ https://www.custommarketinsights.com/report/automotive-glass-market/
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The Automotive Glass Market is segmented as follows:
By Type
- Tempered Glass
- Laminated Glass
- Others
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Application
- Windscreen
- Sidelite
- Backlite
- Sunroof
- Others
Click Here to Get a Free Sample Report of the Global Automotive Glass Market @ https://www.custommarketinsights.com/report/automotive-glass-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Automotive Glass Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Automotive Glass Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Automotive Glass Market? What Was the Capacity, Production Value, Cost and PROFIT of the Automotive Glass Market?
- What Is the Current Market Status of the Automotive Glass Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Automotive Glass Market by Considering Applications and Types?
- What Are Projections of the Global Automotive Glass Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Automotive Glass Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Automotive Glass Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Automotive Glass Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Automotive Glass Industry?
Click Here to Access a Free Sample Report of the Global Automotive Glass Market @ https://www.custommarketinsights.com/report/automotive-glass-market/
Reasons to Purchase Automotive Glass Market Report
- Automotive Glass Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Automotive Glass Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Automotive Glass Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Automotive Glass Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Automotive Glass market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Automotive Glass Research Report | Fast Delivery Available – [220+ Pages] @ https://www.custommarketinsights.com/report/automotive-glass-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Automotive Glass market analysis.
- The competitive environment of current and potential participants in the Automotive Glass market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Automotive Glass market should find this report useful. The research will be useful to all market participants in the Automotive Glass industry.
- Managers in the Automotive Glass sector are interested in publishing up-to-date and projected data about the worldwide Automotive Glass market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Automotive Glass products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
Request a Customized Copy of the Automotive Glass Market Report @ https://www.custommarketinsights.com/report/automotive-glass-market/
About Custom Market Insights:
Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.
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