About Automotive Glass
Automotive glass denotes to all the glass products which are used in the production of automotive vehicles. These glasses are most commonly witnessed in windows, and windshields, and are also applicable to dashboards and other automotive features. It is normally made from laminated glass and tempered glass. In addition, there are many benefits related to automotive glass such as thermal comfort and noise reduction. Besides, the increasing need for light weighted cars is expected to drive the demand for automotive vehicles.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 5.1% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Automotive Glass market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Samvardhana Motherson (India), Webasto (Germany), Xinyi Glass (China), Nippon Sheet Glass (Japan), Gentex Corporation (United States), Corning (United States) and Magna International (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Guardian Industries (United States) and Vitro (United States).
Segmentation Overview
AMA Research has segmented the market of Global Automotive Glass market by Type (Laminated Glass, Tempered Glass and Special Function Glass), Application (Windshield, Sidelite, Backlite, Rear Quarter Glass, Side-view mirror and Rear-view mirror) and Region.
On the basis of geography, the market of Automotive Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology Type, the sub-segment i.e. Active Glass will boost the Automotive Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Type, the sub-segment i.e. Passenger Vehicles will boost the Automotive Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. IR-PVB will boost the Automotive Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for IR-PVB Glass Material in Automotive Glass Sector
Market Growth Drivers:
Increasing Applications of Glass & Penetration of Smart Glass and Increasing Demand Form Automotive Sector
Challenges:
Low Cost of Glass in Independent Aftermarket (IAM) and Issue Related To Optimum Thickness and Strength of the Automotive Glass
Restraints:
High Initial Capital Cost Required for Setting up Automotive Glass and Issue Related Towards Polycarbonate Glazing as an Alternative to Glass
Opportunities:
Technological Development in Smart Glass Such as Lightweight & Energy Efficient and Growing Device-Embedded Glass in both Developed and Developing Countries
Market Leaders and their expansionary development strategies
In March 2018, the Company named J.N. Phillips and Techna Glass announced their merger which resulted in the second-largest automotive glass and claims management company in the United States, according to Center Oak Partners, which said its investment and will provide capital to support the growth of the newly formed entity.
In 2022, NSG Group is pleased to announce the launch of its new "High-Performance Materials Website" (https://hpm.nsg.com/en/index.html), a communication platform for promoting the unique functions and values of its various functional glass products. The website defines "High-Performance Materials" as a group of glass products with different shapes from flat glass and introduces their features in an easy-to-understand manner by providing customers with necessary technical information and questions.
Key Target Audience
Automotive glass manufacturers, Automotive smart glass manufacturers, Device embedded glass manufacturers, Suppliers of raw material for automotive glass, Experts from the automotive smart glass industry, Dealers and distributors of automotive glass, Automotive Original Equipment Manufacturers (OEMs) and Automobile industry and related end-user industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.