Global Automotive Glass Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 24,100.00 Million |
Market Size (Forecast Year) |
USD 35,067.70 Million |
CAGR |
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Major Markets Players |
Global Automotive Glass Market, By Product (Laminated, Tempered), Distribution Channel (OEM, OES, Independent Aftermarket), Application (Sidelite, Backlite, Door Glass, Quarter Glass, Vent Glass Sunroof, Windscreen), Vehicle (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle) - Industry Trends and Forecast to 2030.
Automotive Glass Market Analysis and Size
Major factors that are expected to boost the growth of the global automotive glass market in the forecast period 2023-2030 are growing adoption of smart glass in automobiles. Furthermore, the rise in demand for safety, comfort, and convenience features is further anticipated to drive the growth of the auto parts and accessories market. Moreover, the high cost associated with raw material of glass is further estimated to cushion the growth of the auto parts and accessories market. On the other hand, the substantial initial investment required for establishing an automotive glass manufacturing facility is further projected to impede the growth of the auto parts and accessories market in the forecast period 2023-2030.
Data Bridge Market Research analyses that the global automotive glass market which was USD 24,100 million in 2022, is expected to reach USD 35067.70 million by 2030, and is expected to undergo a CAGR of 4.80% during the forecast period 2023-2030. This indicates the market value. The “Passenger Cars” dominate the vehicle type segment of the global automotive glass market due to the fact that more people are purchasing cars, which are growing more and more popular in both developed and developing countries. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Automotive Glass Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Product (Laminated, Tempered), Distribution Channel (OEM, OES, Independent Aftermarket), Application (Sidelite, Backlite, Door Glass, Quarter Glass, Vent Glass Sunroof, Windscreen), Vehicle (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
Saint-Gobain (France), Asahi India Glass Limited (India), Fuyao Glass America (US), Motherson (India), Webasto Group (Germany), Nippon Sheet Glass Co., Ltd (Japan), GENTEX CORPORATION (US), Magna International Inc.. (Canada), Xinyi Glass (Hong Kong), Corning Incorporated (US), Hitachi Chemical Co., Ltd. (Japan), PGW Auto Glass, LLC (US), Polytronix, Inc. (US), Vitro (Mexico), Olimpia Auto Glass Inc (Turkey), GUARDIAN INDUSTRIES (US), Shatterprufe (South Africa), Central Glass Co., Ltd. (Japan) |
Market Opportunities |
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Market Definition
The global automotive glass market refers to the industry that produces and supplies glass components for vehicles worldwide. These components include windshields, side windows, and rear windows. This market is essential for the automotive sector, as it plays a critical role in ensuring driver visibility, safety, and vehicle aesthetics. Factors influencing this market include automotive production trends, advancements in glass technology, safety regulations, and consumer preferences. The market is highly competitive, with key players continually innovating to meet evolving industry demands for improved performance, aesthetics, and sustainability.
Global Automotive Glass Market Dynamics
Drivers
- Growing Adoption of Smart Glass in Automobiles
The technologies innovation like smart glass and gorilla glass are aimed at enhancing the safety and comfort of drivers and passengers in vehicles. There is a rapid growth in smart glass options in sunroof and sunroof production.
- Rise In Demand For Safety, Comfort, And Convenience Features
Vehicle technology has advanced significantly as a result of the rise in demand for aesthetic, aesthetics, and safety features. One example is the installation of sunroofs that improve airflow. Since there is a growing demand for comfort and convenience features in the hatchback category due to the demand for sunroofs from a global audience, the demand for the automotive glass market is expected to increase throughout the anticipated year.
Opportunity
- Integration Of Solar Sunroof In EV
The rise in demand for electric vehicles in developed and developing countries boosts the solar sunroof system (made from glass with inlaid photovoltaic solar cells in the glass) in the EV segment which in turn provides growth opportunities for the market.
Restraints/ Challenges
- Substantial Initial Investment Required for Establishing an Automotive Glass Manufacturing Facility
Flat glass is used to manufacture windshield glass for automotive and investment required to setup new plant cost USD 100-240 Million and after 15 years it require repair which cost approx USD 45 million, as a result many glass company prefer expansion rather than establishing new plant which limit them to a few location.
- High Cost Associated With Raw Material Of Glass
The market for automobile glass is incredibly reliant on a variety of raw commodities, including limestone, soda ash, silica, and natural gas. The global market can be significantly impacted by fluctuating raw material prices.
This global automotive glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global automotive glass market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In April 2022, Fuyao Group through its subsidiary Fuyao Glass America Inc., a venture of China-based Fuyao Glass Industry Group Co. Ltd. expanded its operations in Greenville County. Its $34.5 million investment create 121 new jobs
- In December 2022, Corning Incorporated collaborated with LG electronics to create curved display modules for vehicle interiors. It used cold-form technology that allows curved displays to be developed with a 25 percent carbon reduction compared to traditional glass forming
Global Automotive Glass Market Scope
The global automotive glass market is segmented on the basis of product, distribution channel, application, and vehicle. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Laminated
- Tempered
Distribution Channel
- OEM
- OES
- Independent Aftermarket
Application
- Sidelite
- Backlite
- Door Glass
- Quarter Glass
- Vent Glass Sunroof
- Windscreen
Vehicle
- Passenger Cars
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Global Automotive Glass Market Analysis/Insights
The global automotive glass market is analyzed and market size insights and trends are provided by by product, distribution channel, application, and vehicle as referenced above.
The regions covered in the global automotive glass market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa. The countries covered in the global automotive glass market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa.
The Asia Pacific dominates the global automotive glass market due developing nations like India and China to reduce carbon footprint demand of electric vehicles increase, as well as developed nations such as Japan and South Korea, are likely to support the region in sustaining its supremacy during the course of the anticipated era.
Europe was one of the first continents to embrace electric cars. The production of conventional fuel vehicles has also been steadily rising in the area recently
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Automotive Glass Market Share Analysis
The global automotive glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global automotive glass market.
Some of the major players operating in the global automotive glass market are:
- Saint-Gobain (France)
- Asahi India Glass Limited (India)
- Fuyao Glass America (U.S.)
- Motherson (India)
- Webasto Group (Germany)
- Nippon Sheet Glass Co., Ltd (Japan)
- GENTEX CORPORATION (U.S.)
- Magna International Inc. (Canada)
- Xinyi Glass (Hong Kong)
- Corning Incorporated (U.S.)
- Hitachi Chemical Co., Ltd. (Japan)
- PGW Auto Glass, LLC (U.S.)
- Polytronix, Inc. (U.S.)
- Vitro (Mexico)
- Olimpia Auto Glass Inc (Turkey)
- GUARDIAN INDUSTRIES (U.S.)
- Shatterprufe (South Africa)
- Central Glass Co., Ltd. (Japan)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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