Global Auto Glass Market Size By Product Type (Tempered Glass, Laminated Glass, Smart Glass) By Application (Windshield, Side Windows, Rear Windows, Sunroof), By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), By Geographic Scope And Forecast

Report ID: 63733|No. of Pages: 202

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Global Auto Glass Market Size By Product Type (Tempered Glass, Laminated Glass, Smart Glass) By Application (Windshield, Side Windows, Rear Windows, Sunroof), By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), By Geographic Scope And Forecast

Report ID: 63733|Published Date: Aug 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Auto Glass Market Size And Forecast

Auto Glass Market size was valued at USD 26.07 Billion in 2023 and is projected to reach USD 39.48 Billion by 2031, growing at a CAGR of 5.87% from 2024 to 2031.

  • Auto glass, also known as vehicle glass, plays a critical role in the automotive industry. This specialized glass is utilized in various parts of automobiles, including windshields, side windows, rear windows, and sunroofs.
  • Each component is meticulously designed and manufactured to provide aesthetic appeal, essential safety features, and structural integrity to vehicles.
  • The Auto Glass Market encompasses a wide range of activities, including the manufacturing, distribution, and installation of glass components.
  • Manufacturing involves advanced techniques and technologies to ensure that the glass meets stringent safety and quality standards. This process often includes the use of laminated and tempered glass, which is designed to withstand impacts and prevent shattering, thus protecting the vehicle’s occupants.
  • Distribution is another crucial aspect of the auto glass industry, involving the efficient delivery of glass components to various locations, such as repair shops, dealerships, and automotive factories.
  • The logistics of distributing these fragile items require specialized handling and transportation to avoid damage and ensure timely delivery.
  • Installation of auto glass is a highly skilled task that requires precision and expertise. Technicians must ensure that each piece of glass is correctly fitted and sealed to maintain the vehicle’s structural integrity and ensure proper visibility for drivers and passengers.
  • Proper installation is vital to prevent leaks, reduce wind noise, and ensure that the glass can effectively protect the occupants in the event of a collision.
  • In addition to its functional benefits, auto glass also contributes to the aesthetic appeal of vehicles. Manufacturers often design glass components to complement the overall design of the car, enhancing its appearance and adding to its value. Features such as tinted windows, UV protection, and advanced coatings further enhance the functionality and appeal of auto glass.

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Auto Glass Market is estimated to grow at a CAGR of 5.87% & reach US$ 39.48 Bn by the end of 2031

Global Auto Glass Market Dynamics

The key market dynamics that are shaping the global Auto Glass Market include:

Key Market Drivers

  • Growing Demand for Electric and Hybrid Vehicles: The rising emphasis on emission control and stringent environmental regulations are significantly driving the production of hybrid and electric vehicles. Governments worldwide are implementing policies to reduce carbon footprints and promote sustainable practices, leading to increased adoption of eco-friendly cars. As a result, both consumers and manufacturers are increasingly turning towards hybrid and electric vehicles. This shift is directly boosting the demand for automotive glass, as these vehicles often require specialized glass for better energy efficiency and safety features. The production of such vehicles not only aligns with environmental norms but also propels the Auto Glass Market forward.
  • Rise in Vehicle Production: The automotive industry’s growth, particularly in emerging economies, is another critical driver of the Auto Glass Market. Vehicle manufacturers require large quantities of automotive glass for new vehicle assembly, encompassing windshields, side windows, rear windows, and panoramic roofs. As global vehicle production increases, the demand for automotive glass from Original Equipment Manufacturer (OEM) suppliers rises correspondingly. This trend is amplified by the expansion of the automotive industry into new markets, where increased vehicle production necessitates a higher volume of glass components.
  • Increasing Demand for Passenger and Commercial Vehicles: The continuous growth of the global population is leading to a higher demand for both passenger and commercial vehicles. This surge in vehicle demand translates directly into increased need for automotive glass. The production of windshields, side windows, and rear windows is scaling up to meet the requirements of an expanding vehicle fleet. This trend is particularly pronounced in regions experiencing rapid urbanization and economic development, where vehicle ownership is becoming more common.
  • Technological Advancements: Technological advancements in the automotive industry have made automotive glass more durable, lightweight, and safe. Innovations in manufacturing processes and materials have led to the development of high-tech windshields, sunroofs, and other types of automotive glass. These advancements not only enhance vehicle performance and safety but also drive consumer demand for premium glass products. Features such as head-up displays, smart glass, and advanced coatings are becoming increasingly popular, pushing the boundaries of traditional automotive glass applications.
  • Rising Safety Concerns: Automotive safety remains a paramount concern for consumers, manufacturers, and regulators. There is a growing focus on incorporating safety features such as shatterproof, laminated, and tempered glass into vehicles. These safety enhancements are designed to protect occupants in the event of a collision and prevent injuries from broken glass. As awareness of vehicle safety increases, so does the demand for automotive glass that meets higher safety standards.
  • Environmental Regulations: Governments around the globe are implementing stringent regulations to reduce carbon emissions and promote environmental sustainability. These regulations have spurred the production of eco-friendly automotive glass, such as solar control and low-emissivity glass. These types of glass help in reducing the vehicle’s overall energy consumption by reflecting heat and improving insulation. The push for greener technologies in the automotive sector is thus driving innovation and demand in the Auto Glass Market.
  • Growing Aftermarket Industry: The automotive glass aftermarket industry plays a significant role in market growth. As vehicles age and require repairs, the demand for replacement windshields, windows, and other glass components increases. The aftermarket segment addresses the needs of vehicle owners for high-quality replacements, ensuring safety and performance. This sector is particularly robust in regions with large vehicle populations and stringent safety standards.
  • Focus on Lightweight Vehicles: The automotive industry is increasingly focusing on producing lightweight vehicles to combat pollution and improve fuel efficiency. This trend is stimulating demand for advanced automotive glass that contributes to weight reduction without compromising safety and durability. Technological advancements in glass manufacturing and continuous improvements in vehicle design are prompting market participants to develop new products tailored to these needs.
  • Adoption of Advanced Technologies: The rising adoption of electric vehicles and the integration of sophisticated new technologies, such as advanced display systems and battery technologies, are expected to drive the demand for automotive glass. Innovations in vehicle design and the incorporation of electronic detectors, cameras, and rear-view mirrors into automotive glass are enhancing functionality and safety.
  • Regional Market Dynamics: The Asia-Pacific region is predicted to dominate the global automotive glass market due to increased consumer demand for vehicle safety, ease of use, and aesthetic appeal. Rapid economic growth, urbanization, and rising living standards in countries like China and India are driving the expansion of the automotive industry. This growth is expected to sustain the region’s leading market share over the forecast period.

Key Challenges

  • High Cost and Intensive Capital Investment: One of the primary restraints in the Auto Glass Market is the high cost associated with laminated glass compared to tempered glass. Laminated glass, which offers superior safety features, has a significantly higher price point, limiting its adoption, especially in developing countries where cost sensitivity is a major concern. Additionally, the production of thin laminated glass for side windows requires substantial investment in research and development as well as manufacturing. This high capital cost can be a significant barrier for manufacturers, especially those looking to reduce production costs and minimize the financial burden on consumers.
  • Fluctuating Prices of Raw Materials: The prices of raw materials essential for manufacturing automotive glass, such as silica, soda ash, and limestone, are highly volatile. Fluctuations in the prices of these raw materials can lead to increased production costs, which in turn can squeeze profit margins for manufacturers. This volatility makes it challenging for companies to maintain stable pricing, potentially leading to higher prices for consumers and reduced market demand.
  • Intense Competition: The automotive glass market is characterized by intense competition, with numerous established players and new entrants vying for market share. This high level of competition often results in pricing pressures, forcing companies to reduce their prices to remain competitive. Such pricing pressures can diminish profit margins, particularly for smaller players who may not have the same economies of scale as larger, more established firms. This competitive environment can also lead to market consolidation, with larger companies acquiring smaller ones to maintain their market position.
  • High Cost of Technology: The development and implementation of advanced technologies in automotive glass, such as smart glass and self-healing glass, require significant financial investment. These technologies, while promising enhanced features and functionality, come with high costs that can limit their adoption. Price-sensitive consumers, especially in developing regions, may be reluctant to pay a premium for these advanced products, hindering their widespread adoption and slowing market growth.
  • Regulations and Safety Standards: The automotive industry is subject to a plethora of regulations and safety standards, which can increase production costs and limit the flexibility of manufacturers. Compliance with these regulations often requires additional testing, certification, and modifications to manufacturing processes, all of which can be costly and time-consuming. These regulatory requirements can lead to delays in product development and market introduction, thereby restraining the growth of the Auto Glass Market.
  • Slow Adoption of New Technology: Despite the rapid pace of technological advances in the automotive sector, the adoption of new technologies in the automotive glass market are slow. Factors contributing to this slow adoption include consumer preference for traditional materials, the high cost of implementing new technologies, and the time required for manufacturers to retool production lines and train personnel. Resistance to change among consumers and manufacturers can impede the market penetration of innovative products, slowing overall market growth.
  • Availability of Raw Materials: The availability of raw materials required for the production of automotive glass is another significant commercial challenge. Primary materials and energy consumption account for a considerable portion of the cost structure in glass manufacturing. Any disruption in the supply of these materials can have a substantial impact on production capabilities and market prices. Limited availability of key materials can lead to increased costs and potential shortages, affecting the ability of manufacturers to meet market demand consistently.
  • Economic Constraints in Developing Markets: In developing markets, economic constraints and lower purchasing power can significantly restrict the adoption of higher-cost automotive glass products. Consumers in these regions may prioritize affordability over advanced features, limiting the market for premium glass products such as laminated and smart glass. This economic barrier can stifle innovation and reduce the overall growth potential of the Auto Glass Market in these areas.

Key Trends

  • Increase in Adoption of Sunroofs and Focus on Safety: The global Auto Glass Market is experiencing significant growth due to the increase in adoption of sunroofs and an intensified focus on safety features. Automakers are increasingly integrating sunroofs into mainstream vehicles, responding to consumer demand for enhanced driving experiences and aesthetic appeal. Features such as dual-pane, panoramic sunroofs, now available in models like the MG Motor ZS EV, highlight the industry’s shift towards providing luxurious yet functional enhancements. The ZS EV, which offers variants like Executive, Excite Pro, Exclusive Plus, and Essence, exemplifies this trend with its dual-pane sunroof in the Executive variant.
  • Increasing Application of Glass in Automobiles and Environmental Benefits: Aerodynamic styling trends in modern vehicle design are leading to a more pronounced installation angle for windshields and back windows, resulting in larger glass surfaces. This increase in glass area elevates the importance of the aesthetic and functional qualities of automotive glass. Consumers are showing a growing preference for features like sunroofs and moonroofs, which enhance both the visual appeal and the driving experience of vehicles.
  • Commitment to Safety and Technological Advancements: The auto glass industry is witnessing substantial investment in technological advancements, primarily driven by a commitment to safety. With increasingly stringent standards for windshield retention and roof crush resistance during rollovers, manufacturers are under pressure to develop stronger, more resilient glass. These technological improvements not only enhance the structural integrity of vehicles but also significantly improve driver and passenger safety. For both consumers and regulators, safety remains a paramount concern, driving the demand for advanced automotive glass solutions that can withstand severe impacts and prevent injuries during accidents.
  • Environmental Sustainability: The aesthetic benefits and technological advancements in automotive glass are also contributing significantly to environmental sustainability. Reflective coatings on automotive glass, for instance, can reduce the load on air conditioning systems by minimizing heat absorption. This not only enhances fuel efficiency but also lowers emissions, aligning with the growing consumer and regulatory focus on environmental protection. As these benefits become more recognized, they are expected to positively impact the Auto Glass Market by driving demand for eco-friendly glass solutions that support sustainable automotive design.
  • The Rise of Smart Glass Technology: The future of the automotive sector is poised to be heavily influenced by smart glass technology. Ongoing research is focused on making smart glass applicable in mainstream vehicles, with potential features such as head-up displays that provide vital information directly on the windshield, similar to aircraft cockpits. These innovations promise to improve driver alertness and control accessibility while enhancing the overall ambiance of the vehicle’s interior. As smart glass technology becomes more prevalent, it is expected to significantly boost the value of the car window market by offering enhanced functionality and user experience.
  • Increasing Demand for High-End Sunroof Glass: The rising use of sunroof glass in high-end cars is another factor driving the Auto Glass Market. As luxury cars gain popularity, there is a growing demand for high-quality, aesthetically pleasing tempered glass. This trend is driven by consumers’ high living standards, increasing urbanization and industrialization, and global economic growth. Luxury car owners often seek premium features, and sunroofs are becoming a standard expectation, thus driving the market for specialized automotive glass.
  • Role of Technological Advances: Technological advances in the auto industry are playing a crucial role in market growth. The development of new glass designs and the integration of advanced features such as smart coatings and embedded sensors are pushing the boundaries of traditional automotive glass applications. For instance, electric vehicles, which are becoming more prevalent, often require specialized glass to meet specific safety and performance standards. These vehicles may utilize lightweight, energy-efficient glass that contributes to overall vehicle efficiency and safety, further driving the market for innovative glass solutions.
  • Burgeoning Demand for Luxury Cars: The burgeoning demand for luxury cars offers robust opportunities for market players. Expensive tempered glass, often used in luxury vehicles to enhance safety and aesthetics, is in high demand. This trend is likely to continue as consumers seek out premium features and automakers strive to differentiate their offerings in a competitive market. The desire for high-quality, visually appealing, and safe glass components is particularly strong in the luxury segment, driving continuous innovation and development in the auto glass industry.
  • Economic and Industrial Growth: Global economic and industrial growth is also playing a significant role in the expansion of the Auto Glass Market. As economies grow and urbanization increases, there is a corresponding rise in vehicle ownership and production. This surge in vehicle demand necessitates a greater volume of automotive glass, driving market growth. Moreover, as consumers in emerging markets gain purchasing power, their preference for advanced and aesthetically pleasing automotive features, including high-quality glass, further propels the market.

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Global Auto Glass Market Regional Analysis

Here is a more detailed regional analysis of the global Auto Glass Market:

Asia Pacific

  • Asia Pacific is substantially dominating the global Auto Glass Market owing to the improving economic conditions and high population growth in the Asia Pacific region have resulted in increased vehicle production.
  • As disposable incomes rise and urbanization accelerates, more consumers can afford automobiles, leading to a surge in demand for new vehicles. This, in turn, has driven the need for automotive glass, as each vehicle requires multiple glass components, such as windshields, side windows, and rear windows.
  • In countries like China and India, there is a growing consumer preference for SUVs. These vehicles require a larger volume of glass compared to smaller cars, thereby, leading to an rise in demand for automotive glass.
  • The popularity of SUVs is driven by their versatility, safety features, and the increasing desire for spacious and luxurious vehicles among consumers in these rapidly developing economies.
  • China’s automotive glass market is a significant and rapidly expanding segment, propelled by the country’s large and growing automotive industry. Valued at over US$ 8 billion in 2020, the market is expected to continue its upward trajectory due to increasing vehicle production and a growing demand for safety glass.
  • China, as the world’s leading producer of automobiles with over 28 million vehicles produced in 2020, underscores the scale of demand for automotive glass.
  • The Chinese government’s emphasis on vehicle safety and the increasing awareness among consumers of the benefits of safety glass are further driving market growth.
  • Regulatory standards and safety requirements are becoming more stringent, necessitating the use of advanced safety glasses in vehicles. This regulatory environment encourages manufacturers to invest in high-quality, durable glass products that enhance vehicle safety.
  • The Asia Pacific automotive glass market is witnessing growing adoption of advanced technologies, such as Head-Up Displays (HUD), Advanced Driver Assistance Systems (ADAS), and smart glass.
  • These technologies enhance the safety and functionality of vehicles, providing drivers with critical information and improving the overall driving experience. The integration of such advanced features is becoming a standard expectation, particularly in high-end and luxury vehicles, driving demand for technologically sophisticated automotive glass.
  • The automotive glass market in the Asia Pacific region is highly competitive, with numerous local and international players vying for market share.
  • This competition drives innovation and the continuous improvement of products. Increased investments in the automobile industry by both domestic and foreign entities further propel market growth, ensuring a steady supply of advanced automotive glass products to meet rising demand.
  • Consumer preferences for automobile style, tranquility, and luxury are evolving in nations such as China and India. As consumers seek more aesthetically pleasing and comfortable vehicles, manufacturers are prioritizing the development of premium automotive glass solutions that enhance the vehicle’s appeal and functionality. This shift in consumer preferences is a key driver of market growth, encouraging continuous innovation in glass design and technology.
  • Rapid legislative developments aimed at making transportation more technologically advanced are also contributing to the growth of the automotive glass market in the Asia Pacific region.
  • Governments are implementing policies that promote the adoption of cutting-edge technologies in the automotive sector, including advanced glass solutions.
  • Additionally, the region’s continuously increasing population and urbanization trends provide a fertile ground for market expansion, as more people seek modern, safe, and efficient vehicles.

North America

  • North America is anticipated to witness the fastest growth in the global Auto Glass Market owing to the surge in the production and sale of commercial vehicles, which is a major driver of the Auto Glass Market in the region.
  • The demand for commercial vehicles, including trucks, vans, and buses, has been steadily increasing due to the expansion of logistics, e-commerce, and transportation sectors. This rise in commercial vehicle production necessitates a higher volume of automotive glass, thus propelling market growth.
  • The presence of a large base of automotive manufacturers in North America, including major players such as General Motors, Ford, and Tesla, contributes significantly to the region’s market growth.
  • These manufacturers are continuously innovating and expanding their production capacities to meet the growing demand for vehicles. This robust automotive manufacturing base ensures a steady demand for auto glass, supporting market expansion.
  • There is a notable rise in demand for automotive original equipment manufacturers (OEMs) in North America. OEMs are increasingly incorporating advanced features into their vehicles, including high-quality automotive glass that enhances safety, functionality, and aesthetics.
  • The demand for OEM-supplied auto glass is driven by the need for durable, reliable, and technologically advanced glass products that meet stringent safety and performance standards.
  • The increase in incorporation of advanced driver assistance systems (ADAS) by automotive OEMs is another key factor driving the Auto Glass Market in North America. ADAS systems, which include features such as collision avoidance, lane departure warning, and automatic braking, often require specialized glass with embedded sensors and advanced coatings.
  • The frequent launch of new-age technologies, including Head-Up Display (HUD) applications and smart glass for temperature control, is further boosting the demand for high-tech automotive glass.
  • The United States holds the largest market share in the North American automotive glass market, driven by its extensive automotive industry and early adoption of advanced glass technologies. Leading companies, such as Magna International and Guardian Glass, have been at the forefront of implementing advanced glass glazing techniques, which positively impacts market growth.
  • Canada, on the other hand, is emerging as the fastest-growing market in North America. The rapid growth in the Canadian automotive glass market is attributed to the increasing sales of commercial vehicles and the adoption of cutting-edge glass technologies.
  • Canadian consumers and manufacturers are increasingly favoring innovative glass solutions that offer enhanced safety, energy efficiency, and aesthetic appeal.
  • The early adoption of advanced glass glazing techniques by numerous North American companies is expected to have a significant positive impact on market growth. These techniques, which include advanced coating technologies and smart glass innovations, enhance the performance and functionality of automotive glass.
  • By improving insulation, reducing glare, and incorporating smart features, these advanced glazing techniques meet the evolving demands of modern vehicles and discerning consumers.

Global Auto Glass Market: Segmentation Analysis

The Global Auto Glass Market is segmented on the basis of Product Type, Application, Vehicle Type, And Geography.

Auto Glass Market Segmentation Analysis

Auto Glass Market, By Product Type

  • Tempered Glass
  • Laminated Glass
  • Smart Glass

Based on Product Type, The market is segmented into Tempered Glass, Laminated Glass, and Smart Glass. The laminated glass segment showing significant growth in the global Auto Glass Market owing to the increasing adoption of laminated glass in windshields to enhance occupant safety during accidents and to shield passengers from projectiles during normal driving conditions. This significant safety feature has driven the demand for laminated glass in the global Auto Glass Market. Modern laminated glass technology has evolved substantially from its early iterations. Today’s laminated glass is composed of a thin layer of polyvinyl butyral (PVB) sandwiched between two layers of solid glass. This construction not only optimizes puncture resistance but also offers superior durability and safety benefits. The enhanced ability of laminated glass to prevent shattering upon impact and its improved puncture resistance make it an essential component in modern vehicles, further driving its demand in the automotive industry.

Auto Glass Market, By Application

  • Windshield
  • Side Windows
  • Rear Windows
  • Sunroof

Based on Application, The market is segmented into Windshields, Side Windows, Rear Windows, and Sunroofs. The sunroof segment is poised for significant growth as it offers enhanced control over the entry of natural light into the vehicle, improving the driving experience. Increasing investments by new market entrants and rising demand for energy-efficient products are expected to drive market expansion in this segment. The growing preference for luxury and comfort features among consumers also fuels the demand for sunroofs.

Auto Glass Market, By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Electric Vehicles

Based on Vehicle Type, The market is segmented into Passenger Cars, Commercial Vehicles, and Electric Vehicles. The passenger car segment is expected to lead the global Auto Glass Market during the forecast period, driven by rising sales in countries like China and India. The growing popularity of passenger cars in these regions is a key factor propelling segment growth.

Auto Glass Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Geography, The Global Auto Glass Market is segmented into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific is substantially dominating the Global Auto Glass Market owing to the improving economic conditions and high population growth in the Asia Pacific region have resulted in increased vehicle production. As disposable incomes rise and urbanization accelerates, more consumers can afford automobiles, leading to a surge in demand for new vehicles. This, in turn, has driven the need for automotive glass, as each vehicle requires multiple glass components, such as windshields, side windows, and rear windows. In countries like China and India, there is a growing consumer preference for SUVs. These vehicles require a larger volume of glass compared to smaller cars, which has led to an increased demand for automotive glass. The popularity of SUVs is driven by their versatility, safety features, and the increasing desire for spacious and luxurious vehicles among consumers in these rapidly developing economies.

Key Players

The “Global Flexible Auto Glass Market” study report will provide valuable insight emphasizing the global market. The major players in the market are Asahi Glass, Fuyao, Nippon, Saint-Gobain, Xinyi, Guardian, Samvardhana, Webasto, Gentex, Carlex, Magna, Corning, Schott, Benson, YKK, Guardian, AGC, Futaba, Central, Pilkington, Sekurit.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

Auto Glass Market Recent Developments

Auto Glass Market Key Developments And Mergers

  • In December 2023, AGC, a prominent supplier of glass, chemicals, and high-tech materials for mobility, returns to CES 2024. The company will showcase over 20 sophisticated technologies for improving connectivity, sensor integration, and passenger comfort in the shifting transportation landscape. The company will highlight revolutionary, on-glass integration. Solutions that mirror market developments.
  • In September 2023, Sisecam displayed its vehicle replacement glass line at the Auto Glass Week Fair in Virginia Beach 20-22.
  • In August 2023, Sisecam announced the partnership with ZEVRA to create low-carbon auto glass for electric vehicles, with funding from the EU’s Horizon Europe program of USD 0.27 million. The Fraunhofer Institute organized a project with 28 partners, including Skoda, Citroen, Peugeot, Toyota, and Volkswagen, to achieve the EU’s 2035 zero-emission objective.
  • In May 2022, The NSG Group company combined its automotive glass business in China with SYP Kanggiao Autoglass Co., Ltd. (“SYP Automotive”), a well-known Chinese glass maker. NSG Group’s merging with SYP Automotive increased its capacity to meet the growing demands of Chinese vehicle makers.
  • In July 2021, Corning Inc. announced the launch of a product category in Automotive Glass Solutions with Hyundai Mobis’ Augmented Reality Head-Up Display. Augmented reality head-up displays (AR HUDs) reflect dynamic driving information directly onto the windshield, improving visibility and safety.
  • In May 2021, Wideye, the European business of AGC Automotive, established Wideye Rhino to develop sensor protection glass solutions for non-automotive applications. The company merged its automotive glass business in China with SYP Kanggiao Autoglass Co., Ltd. (“SYP Automotive”), a leading Chinese glass maker. NSG Group’s merging with SYP Automotive improved its ability to meet the growing demands of Chinese vehicle makers.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Asahi Glass, Fuyao, Nippon, Saint-Gobain, Xinyi, Guardian, Samvardhana, Webasto, Gentex, Carlex, Magna, Corning, Schott, Benson, YKK, Guardian.

Segments Covered

By Product Type, By Application, By Vehicle Type, and By Geography.

Customization Scope

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Verified Market Research:

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which 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 of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
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Frequently Asked Questions

Auto Glass Market was valued at USD 26.07 Billion in 2023 and is projected to reach USD 39.48 Billion by 2031, growing at a CAGR of 5.87% from 2024 to 2031.

The rising emphasis on emission control and stringent environmental regulations are significantly driving the production of hybrid and electric vehicles.

The major players are Asahi Glass, Fuyao, Nippon, Saint-Gobain, Xinyi, Guardian, Samvardhana, Webasto, Gentex, Carlex, Magna, Corning, Schott, Benson, YKK, Guardian.

The Global Auto Glass Market is Segmented on the basis of Product Type, Application, Vehicle Type, and Geography.

The sample report for the Auto Glass Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. Auto Glass Market, By Product Type
• Tempered Glass
• Laminated Glass
• Smart Glass

5. Auto Glass Market, By Application
• Windshield
• Side Windows
• Rear Windows
• Sunroof

6. Auto Glass Market, By Vehicle Type
• Passenger Cars
• Commercial Vehicles
• Electric Vehicles

7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape
• Key Players
• Market Share Analysis

10. Company Profiles
• Asahi Glass
• Fuyao
• Nippon
• Saint-Gobain
• Xinyi
• Guardian
• Samvardhana
• Webasto
• Gentex
• Carlex
• Magna
• Corning
• Schott
• Benson
• YKK
• Guardian
• AGC
• Futaba
• Central
• Pilkington
• Sekurit

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

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Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
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Demand side
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Econometrics and data visualization model

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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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