by The global automotive aftermarket glass market size was estimated to be around US$ 2.94 billion in 2023 and is projected to reach US$ 4.88 billion by 2032, indicating a CAGR of 5.80% from 2023 to 2032.
Key Takeaways
- Asia-Pacific contributed more than 54% of market share in 2022.
- North America is estimated to expand at the fastest CAGR between 2023 and 2032.
- By product, the tempered glass segment has held the largest market share of 51% in 2022.
- By product, the laminated glass segment is anticipated to grow at a remarkable CAGR of 6.2% between 2023 and 2032.
- By vehicle type, the passenger cars segment generated over 66% of market share in 2022.
- By vehicle type, the light commercial vehicles (LCV) segment is expected to expand at the fastest CAGR over the projected period.
- By application, the sidelite segment generated over 33% of the market share in 2022.
- By application, the backlite segment is expected to expand at the fastest CAGR over the projected period.
The Automotive Aftermarket Glass Market is a dynamic sector that encompasses the replacement and maintenance of glass components in vehicles after their initial sale. This market plays a crucial role in the automotive industry, addressing the need for repairing or replacing damaged windshields, side windows, and rear windows. The demand for aftermarket glass is driven by factors such as road accidents, environmental elements, and general wear and tear, making it an integral part of vehicle maintenance and safety.
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Growth Factors
Several factors contribute to the growth of the Automotive Aftermarket Glass Market. The increasing global vehicle parc, coupled with a rise in road accidents, propels the demand for replacement glass. Technological advancements in glass manufacturing, leading to enhanced durability, safety features, and aesthetic appeal, also contribute to market expansion. Furthermore, a growing awareness among consumers regarding the importance of timely glass replacement for vehicle safety is a significant growth factor.
Automotive Aftermarket Glass Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 5.80% |
| Market Size in 2023 | USD 2.94 Billion |
| Market Size by 2032 | USD 4.88 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Product, By Vehicle Type, and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Paper Diagnostics Market Size to Garner USD 26.55 Billion by 2032
Automotive Aftermarket Glass Market Dynamics
Drivers:
Key drivers of the Automotive Aftermarket Glass Market include the escalating frequency of road accidents, which necessitates immediate repairs or replacements. Moreover, stringent safety regulations mandating the use of high-quality glass materials in vehicles drive the market. The growing trend of vehicle customization, with an emphasis on advanced glass features, such as smart glass and augmented reality displays, acts as a driving force. Additionally, the expanding middle-class population and urbanization contribute to increased vehicle ownership, further boosting the demand for aftermarket glass.
Opportunities:
The Automotive Aftermarket Glass Market presents opportunities for growth through innovations in glass technologies, including the development of self-repairing or smart glass solutions. Market players can explore collaborations with automotive manufacturers to create customized glass solutions for specific models, tapping into the increasing demand for personalized vehicles. Additionally, expanding into emerging markets with a rising automotive industry presents lucrative opportunities for aftermarket glass providers.
Challenges:
Despite the promising growth, the Automotive Aftermarket Glass Market faces challenges. One significant challenge is the availability of counterfeit or substandard glass products, compromising vehicle safety and creating trust issues among consumers. Economic downturns and fluctuations in raw material prices pose challenges to market stability. Moreover, the complexity of installing advanced glass technologies and the need for skilled technicians present hurdles in the aftermarket service delivery, affecting the overall market growth.
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Automotive Aftermarket Glass Market Companies
- Saint-Gobain
- AGC Inc.
- Nippon Sheet Glass Co., Ltd. (NSG Group)
- Fuyao Glass Industry Group Co., Ltd.
- Magna International Inc.
- Xinyi Glass Holdings Limited
- Guardian Industries
- Corning Incorporated
- Vitro, S.A.B. de C.V.
- PPG Industries, Inc.
- Shenzhen Benson Automobile Glass Co., Ltd.
- Asahi Glass Co., Ltd.
- Central Glass Co., Ltd.
- Webasto SE
- Carlex Glass America LLC
Segments Covered in the Report
By Product
- Tempered Glass
- Laminated Glass
- Others
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Application
- Windscreen
- Backlite
- Sidelite
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Aftermarket Glass Market
5.1. COVID-19 Landscape: Automotive Aftermarket Glass Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Aftermarket Glass Market, By Product
8.1. Automotive Aftermarket Glass Market Revenue and Volume, by Product, 2023-2032
8.1.1 Tempered Glass
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Laminated Glass
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Others
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Automotive Aftermarket Glass Market, By Vehicle Type
9.1. Automotive Aftermarket Glass Market Revenue and Volume, by Vehicle Type, 2023-2032
9.1.1. Passenger Cars
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Light Commercial Vehicles
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Heavy Commercial Vehicles
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Automotive Aftermarket Glass Market, By Application
10.1. Automotive Aftermarket Glass Market Revenue and Volume, by Application, 2023-2032
10.1.1. Windscreen
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Backlite
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Sidelite
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
10.1.4. Others
10.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Automotive Aftermarket Glass Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 12. Company Profiles
12.1. Saint-Gobain
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. AGC Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Nippon Sheet Glass Co., Ltd. (NSG Group)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Fuyao Glass Industry Group Co., Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Magna International Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Xinyi Glass Holdings Limited
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Guardian Industries
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Corning Incorporated
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Vitro, S.A.B. de C.V.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. PPG Industries, Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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