Automotive Glass Market size was valued at USD 24.27 Bn in 2023 and is expected to reach USD 35.31 Bn by 2030, at a CAGR of 5.5 %.
Automotive Glass Market Report Overview:
The report encompasses the latest revenue and trends within the Automotive Glass Market It provides an introduction to the Automotive Glass market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Automotive Glass Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Automotive Glass Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Automotive Glass industry.
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Automotive Glass Market Report Scope and Research Methodology:
The primary objective of the Global Automotive Glass Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Automotive Glass market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Automotive Glass industry, segmented both regionally and by segment.
The report on the Automotive Glass Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Automotive Glass market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.
Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Automotive Glass industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Automotive Glass market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Automotive Glass Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Automotive Glass Market.
Automotive Glass Market Key Players:
North America
1. PPG Industries - (USA)
2. Corning - (USA)
3. Gentex Corporation - (USA)
4. LKQ Corporation - (USA)
5. Magna International Inc. - (Canada)
6. Vitro, S.A.B. de C.V. - (Mexico)
7. Guardian Industries Corporation - (USA)
Asia Pacific
8. Asahi Glass Co., Ltd. - (Japan)
9. Fuyao Glass Market Group Co., Ltd. - (China)
10. Nippon Sheet Glass Co., Ltd. - (Japan)
11. Xinyi Glass Holdings Ltd. - (China)
12. Samvardhana Motherson - (India)
13. Shenzhen Benson Automobile Glass Co., Ltd. - (China)
14. Central Glass Co., Ltd. - (Japan)
15. AGC Ltd. - (Japan)
16. NSG Group - (Japan)
Europe
17. Webasto - (Germany)
18. Pilkington Glass - (United Kingdom)
19. Glas Trösch Holding AG - (Switzerland)
20. Saint-Gobain S.A. - (France)
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Automotive Glass Market Segmentation:
by Glass Type
Laminated
Tempered
In terms of glass type, the automotive glass market share that was most dominant in 2023 was held by the laminated sector. Its substantial portion is ascribed to elements like robustness, high strength, and low cost. This form of glass is more affordable than laminated automobile glass and has a strength that is four to five times more than that of a simple float. It is therefore the most used kind of glass in automobiles, especially for windows and backlights.
by Vehicle
Passenger Car
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
In 2023, passenger cars overtook trucks as the most popular vehicle category. Over the course of the forecast period, sales of passenger cars are predicted to expand at a CAGR of 4.3%. Numerous factors contribute to this, such as changing consumer preferences, an expanding middle class, and increased environmental concerns regarding the usage of lightweight, low-emission automobiles on the road. The passenger car category is anticipated to lead the market during the forecast period. It is anticipated that rising passenger car sales in China and India would advance this category. The growing need for intra-city trucks and buses along with the growing appeal of crossover SUVs is anticipated to propel the LCV segment's growth in the market.
by Application
Windshield
Sidelite
Backlite
Sunroof
Others
In 2023, the Windshield category had the biggest market share based on application. Because the windshield is so important to a car's design, glass and automotive makers are working together to create new technologies that will improve the windshield's features and appearance. During the course of the forecast period, for example, the introduction of new types of windshields with self-cleaning glass is expected to boost segment growth.
Automotive Glass Market Regional Insights:
Geographically, the report is segmented into several key countries, with Automotive Glass market size, growth rate, import and export of Automotive Glass market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
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Key Questions answered in the Automotive Glass Market Report are:
1.How has the Automotive Glass Market performed so far and how will it perform in the coming years?
2.What is the market segmentation of the global Automotive Glass Market market?
3.What is the regional breakup of the global Automotive Glass Market market?
4.What are the price trends of various feedstocks in the Automotive Glass Market industry?
5.What is the structure of the Automotive Glass Market industry and who are the key players?
6.What are the various unit operations involved in a Automotive Glass Market processing plant?
7.What is the total size of land required for setting up a Automotive Glass Market processing plant?
8.What is the layout of a Automotive Glass Market processing plant?
9.What are the machinery requirements for setting up a Automotive Glass Market processing plant?
10.What are the raw material requirements for setting up a Automotive Glass Market processing plant?
11.What are the packaging requirements for setting up a Automotive Glass Market processing plant?
12.What are the transportation requirements for setting up a Automotive Glass Market processing plant?
13.What are the utility requirements for setting up a Automotive Glass Market processing plant?
14.What are the human resource requirements for setting up a Automotive Glass Market processing plant?
15.What are the infrastructure costs for setting up a Automotive Glass Market processing plant?
16.What are the capital costs for setting up a Automotive Glass Market processing plant?
17.What are the operating costs for setting up a Automotive Glass Market processing plant?
18.What should be the pricing mechanism of the final product?
19.What will be the income and expenditures for a Automotive Glass Market processing plant?
20.What is the time required to break even?
21.What are the profit projections for setting up a Automotive Glass Market processing plant?
22.What are the key success and risk factors in the Automotive Glass Market industry?
23.What are the key regulatory procedures and requirements for setting up a Automotive Glass Market processing plant?
24.What are the key certifications required for setting up a Automotive Glass Market processing plant?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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