All updated as on -
At a CAGR of 11.5% from 2023 to 2030, the worldwide automotive glass market is expected to expand from its current value of USD 14.49 billion. The extraordinary and overwhelming global impact of the COVID-19 epidemic has had a detrimental effect on demand across all regions of the market.
Heavy-duty vehicle production has been boosted by the booming logistics and transport industry. Global population growth and increased per capita wealth have also stimulated the auto industry. These major trends are propelling the auto glass industry forward. Improvements in driver comfort and safety are coupled with cost and weight savings made possible by technological advances in car glass.
The development of this glass is also being fueled by safety criteria imposed by various governments with regards to occupant crash protection. The Federal Motor Vehicle Safety Standard 205, put forward by the United States government, specifies rigorous requirements for the clarity and durability of car windows. Standard 212 was also implemented, and it sets guidelines for how much impact a windscreen should be able to endure before cracking.
The rising need for lightweight glass to reduce vehicle weight was a major market development during this time. In this era, laminated glass's increased impact resistance and decreased danger of breaking upon contact made it a desirable safety feature. Innovations including smart glass, self-healing glass, and sun control glass have been developed and applied to the automotive glass industry. Demand for shatterproof, tempered, and laminated glass in automobiles rose throughout this time as governments and consumers maintained their emphasis on safety. Raw ingredients needed in the production of automotive glass, such as silica and soda ash, saw price fluctuations throughout this time. However, fluctuations in supply and demand affected production costs generally.
Market participants have been pushed to produce cutting-edge items for automobile manufacturers as a result of the rapid pace of technological development in the automotive sector and the ongoing iteration of vehicle design. For the fiscal year (FY) 2018-2019, AIS provided its goods to a wide range of new automobile models, including a 2.8mm backlite for the new Waggon R and solar green glass and acoustic PVB for the Yaris. Demand for automotive glass is predicted to increase over the forecast period due to factors including the increased production of electric vehicles and the implementation of new technologies in the areas of display and battery. For instance, in June of 2019, the Dutch firm Lightyear unveiled the first prototype of an electric vehicle, the Lightyear One. The car's roof and hood hide five square metres of integrated solar cells. These solar panels are made of bulletproof glass and can be powered entirely by sunlight.
Laminated side glass is a relatively new feature in high-end automobiles, and European manufacturers were early adopters. Laminated side glass is preferable to tempered glass for protecting passengers in the event of a vehicle rollover. A small number of the best-selling automobiles produced by some European OEMs all feature standard side glass. Laminated side glazing is standard on several luxury vehicles, including the Citron C6, Peugeot 407, and 607, Jaguar XJ, and Mercedes-Benz S-class.
Windscreen glass for cars is typically made from a sheet of flat glass. According to data compiled by Pilkington Glass, a new glass plant requires an investment of between $90 million and $250 million. Such a facility would run nonstop for 15–18 years and be built to withstand constant use. After that time, a substantial renovation or repair may be necessary, which might set you back between $40 and $50 million. Some of the world's largest glass producers have chosen to expand existing facilities rather than build brand new ones in recent years. These include Saint-Gobain (France), Fuyao Glass (China), Asahi Glass (Japan), Magna (Canada), and Webasto (Germany). Further evidence that manufacturers favour expanding their customer base for already established facilities versus setting up brand new ones. Such plant expansions in existing plants may inhibit the spread of technology across regions, limiting a company's ability to attract customers outside of its immediate vicinity. Eventually, this could be a handicap for businesses with a weak foothold in fast-growing automobile industries. Since the breakeven points are so high, only a select few locations are viable for new glass plants to be built.
Report Coverage
Global Automotive Glass research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Glass report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Glass competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Glass market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Glass market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Glass market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Compagnie de Saint-Gobain S.A.(France), AGC Inc. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Motherson Sumi Systems Limited (Japan), Central Glass Co., Ltd. (Japan)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automotive Glass market based on the below-mentioned segments:
Global Automotive Glass Market, By Type
Laminated
Tempered
Global Automotive Glass market, By Application
Windshield
Sidelite
Backlite
Sunroof
Global Automotive Glass Market, By Vehicle Type
Passenger Car
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Global Automotive Glass market, Regional Analysis
Heavy-duty vehicle production has been boosted by the booming logistics and transport industry. Global population growth and increased per capita wealth have also stimulated the auto industry. These major trends are propelling the auto glass industry forward. Improvements in driver comfort and safety are coupled with cost and weight savings made possible by technological advances in car glass.
The development of this glass is also being fueled by safety criteria imposed by various governments with regards to occupant crash protection. The Federal Motor Vehicle Safety Standard 205, put forward by the United States government, specifies rigorous requirements for the clarity and durability of car windows. Standard 212 was also implemented, and it sets guidelines for how much impact a windscreen should be able to endure before cracking.
The rising need for lightweight glass to reduce vehicle weight was a major market development during this time. In this era, laminated glass's increased impact resistance and decreased danger of breaking upon contact made it a desirable safety feature. Innovations including smart glass, self-healing glass, and sun control glass have been developed and applied to the automotive glass industry. Demand for shatterproof, tempered, and laminated glass in automobiles rose throughout this time as governments and consumers maintained their emphasis on safety. Raw ingredients needed in the production of automotive glass, such as silica and soda ash, saw price fluctuations throughout this time. However, fluctuations in supply and demand affected production costs generally.
Market participants have been pushed to produce cutting-edge items for automobile manufacturers as a result of the rapid pace of technological development in the automotive sector and the ongoing iteration of vehicle design. For the fiscal year (FY) 2018-2019, AIS provided its goods to a wide range of new automobile models, including a 2.8mm backlite for the new Waggon R and solar green glass and acoustic PVB for the Yaris. Demand for automotive glass is predicted to increase over the forecast period due to factors including the increased production of electric vehicles and the implementation of new technologies in the areas of display and battery. For instance, in June of 2019, the Dutch firm Lightyear unveiled the first prototype of an electric vehicle, the Lightyear One. The car's roof and hood hide five square metres of integrated solar cells. These solar panels are made of bulletproof glass and can be powered entirely by sunlight.
Laminated side glass is a relatively new feature in high-end automobiles, and European manufacturers were early adopters. Laminated side glass is preferable to tempered glass for protecting passengers in the event of a vehicle rollover. A small number of the best-selling automobiles produced by some European OEMs all feature standard side glass. Laminated side glazing is standard on several luxury vehicles, including the Citron C6, Peugeot 407, and 607, Jaguar XJ, and Mercedes-Benz S-class.
Windscreen glass for cars is typically made from a sheet of flat glass. According to data compiled by Pilkington Glass, a new glass plant requires an investment of between $90 million and $250 million. Such a facility would run nonstop for 15–18 years and be built to withstand constant use. After that time, a substantial renovation or repair may be necessary, which might set you back between $40 and $50 million. Some of the world's largest glass producers have chosen to expand existing facilities rather than build brand new ones in recent years. These include Saint-Gobain (France), Fuyao Glass (China), Asahi Glass (Japan), Magna (Canada), and Webasto (Germany). Further evidence that manufacturers favour expanding their customer base for already established facilities versus setting up brand new ones. Such plant expansions in existing plants may inhibit the spread of technology across regions, limiting a company's ability to attract customers outside of its immediate vicinity. Eventually, this could be a handicap for businesses with a weak foothold in fast-growing automobile industries. Since the breakeven points are so high, only a select few locations are viable for new glass plants to be built.
Report Coverage
Global Automotive Glass research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Glass report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Glass competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Glass market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Compagnie de Saint-Gobain S.A.(France), AGC Inc. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Motherson Sumi Systems Limited (Japan), Central Glass Co., Ltd. (Japan) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Automotive Glass Market from 2021 to 2030.
- Market Forecast for Automotive Glass Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Automotive Glass competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Automotive Glass
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Glass market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Glass market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Compagnie de Saint-Gobain S.A.(France), AGC Inc. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Motherson Sumi Systems Limited (Japan), Central Glass Co., Ltd. (Japan)
Primary Target Market
- Market Players of Automotive Glass
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automotive Glass market based on the below-mentioned segments:
Global Automotive Glass Market, By Type
Laminated
Tempered
Global Automotive Glass market, By Application
Windshield
Sidelite
Backlite
Sunroof
Global Automotive Glass Market, By Vehicle Type
Passenger Car
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Global Automotive Glass market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive automotive glass market market research and competitor analysis for your business to help you develop more profound insights into the automotive glass market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the automotive glass market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.