Automotive Glass Market 2021-2028
New Study Reports ” Automotive Glass Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2028″ has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Automotive Glass Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Automotive Glass Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Automotive Glass market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
Persistence Market Research, in its latest report titled, ‘Automotive Glass Market: Global Industry Analysis 2013–2017 and Forecast 2018–2028’, offers key inputs on the global automotive glass market. The research study offers exhaustive research analysis and insights for the automotive glass market for the historical period 2013-2017 and forecast period 2018–2028.
Automotive glass is projected to witness healthy demand in the coming years, owing to the growing automobile fleet across the globe. Increasing per capita income in key emerging countries, changing consumer preferences to own more than one personal vehicle, and the growing trend towards installation of sunroofs in personal vehicles are some of the factors anticipated to create significant demand for automotive glass over the forecast period. The global automotive glass market is projected to grow at a value CAGR of 4.0% over the forecast period.
Key Players:
The report has profiled some of the Important players prevalent in the global like – AGC Inc., Nippon Sheet Glass Co., Ltd, Saint-Gobain S.A., Fuyao Glass Industry Group Co., Ltd., Xinyi Glass Holdings Ltd., Magna International Inc., Vitro, S.A.B. de C.V., Glas Trösch Holding AG, Corning, and CENTRAL GLASS CO., LTD and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Automotive Glass.
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Global Automotive Glass Market: Dynamics
Large volume sales of automobile vehicles are among the key factors contributing to the rising demand for automotive glass. The global automobile industry is a very vast market, with global sales of around US$ 104 million in 2017, and a total automobile PARC exceeding 1.2 billion vehicles. This provides a large aftermarket scope for the automotive glass market. Bad road conditions, life span of glass, and extreme cold weather conditions are some of the factors driving the aftermarket segment in the global automotive glass market.
Apart from these, increasing consumer preference for the adoption of moon/sunroofs, and growing glass consumption per vehicle for incorporating better aerodynamics and reduced fuel consumption are some of the factors heavily driving the demand for automotive glass, globally. With the growing urban population and rising per capita income, the global automotive glass market is projected to witness robust demand over the forecast period.
Global Automotive Glass Market: Segmentation Overview
- Segmentation on the basis of application: On the basis of application, the automotive glass market has been segmented into windshields, back glass, moon/sunroofs, door glass, quarter glass, and vent glass. The back glass segment is anticipated to lead the global automotive glass market in terms of volume market share, owing to the high volume consumption of glass for back glass per vehicle. The moon/sunroofs segment is projected to register a high growth rate by CAGR in the global automotive glass market, owing to the growing adoption of moon/sunroofs in passenger vehicles.
- Segmentation on the basis of glass type: The tempered glass segment is projected to hold a majority of the share throughout the forecast period, and lead in terms of growth rate in the global automotive glass market.
- Segmentation on the basis of sales channel: While the OEM segment is projected to lead the market share in the automotive glass market throughout the forecast period, the independent aftermarket segment is anticipated to lead in terms of growth rate, with a value CAGR of 4.8%.
- Segmentation on the basis of vehicle type: On the basis of vehicle type, the passenger vehicles segment is anticipated to create the highest demand for automotive glass, owing to the high number of sales of automobiles in the segment
Global Automotive Glass Market: Regional Overview
East Asia is projected to lead the total volume sales in the global automotive glass market, driven by large volume sales of automotive vehicles in China. Europe, being one of the prominent regions as far as automobile demand is concerned, is also anticipated to hold significant market share in the global automotive glass market. In terms of growth rate, the MEA region is projected to lead the automotive glass market, with a CAGR of 4.7% over the forecast period.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Automotive Glass Market Manufacturers
Automotive Glass Market Distributors/Traders/Wholesalers
Automotive Glass Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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View Report Table of Contents, Figures, and Tables
Major Highlights of the Automotive Glass Market Report:
- The Automotive Glass Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Automotive Glass Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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