by The global automotive glass market size was estimated to be around US$ 31 billion in 2023 and is projected to reach US$ 50.25 billion by 2033, indicating a CAGR of 5% from 2024 to 2033.
Key Takeaways
- Asia-Pacific contributed 55% of market share in 2023.
- North America is estimated to expand the fastest CAGR between 2024 and 2033.
- By product, the tempered glass segment held the largest market share of 60% in 2023.
- By product, the laminated glass segment is anticipated to grow at a remarkable CAGR of 7.3% between 2024 and 2033.
- By vehicle type, the passenger cars segment generated over 59% of the market share in 2023.
- By vehicle type, the light commercial vehicles segment is expected to expand at the fastest CAGR over the projected period.
- By end-use, the original equipment manufacturer (OEM) segment generated over 92% of the market share in 2023.
- By end-use, the aftermarket segment is expected to expand at the fastest CAGR over the projected period.
The Automotive Glass Market is a dynamic sector that plays a crucial role in the automotive industry. Automotive glass is an essential component, serving both functional and aesthetic purposes in vehicles. It encompasses various types of glass, including windshields, side windows, and rear windows, contributing significantly to the safety, structural integrity, and design of automobiles.
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Growth Factors
The growth of the Automotive Glass Market is fueled by several key factors. Firstly, the expanding global automotive industry, driven by increasing consumer demand and technological advancements, has led to a surge in the production of vehicles. Additionally, the growing awareness of safety features in automobiles has elevated the importance of advanced glass technologies, such as laminated and tempered glass, boosting the market’s growth. The rise in electric and autonomous vehicles further stimulates the demand for specialized glass solutions, driving innovation within the sector.
Automotive Glass Market Scope
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 5% |
| Global Market Size in 2023 | USD 31 Billion |
| Global Market Size by 2033 | USD 50.25 Billion |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Product, By Vehicle Type, and By End-use |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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Opportunities
The Automotive Glass Market presents ample opportunities for expansion and diversification. As the automotive industry shifts towards sustainable practices, there is an increasing focus on developing eco-friendly glass solutions with enhanced fuel efficiency and reduced environmental impact. Moreover, the integration of smart glass technologies, offering features like augmented reality displays and adaptive tinting, opens new avenues for market players to cater to the evolving demands of tech-savvy consumers. Collaborations with automakers to incorporate advanced glass solutions in upcoming models can also be a strategic opportunity for growth.
Challenges
Despite its promising prospects, the Automotive Glass Market faces certain challenges. The industry is sensitive to fluctuations in raw material prices, particularly in the case of specialty glass variants. Additionally, stringent regulatory standards related to safety and environmental impact pose challenges for manufacturers. The market must navigate these regulatory landscapes effectively to ensure compliance while still meeting the demands for innovation and performance. Furthermore, the economic uncertainties and disruptions, such as the global supply chain issues, can impact the overall production and distribution of automotive glass.
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 Glass Market Companies
- Asahi Glass Co., Ltd.
- Saint-Gobain S.A.
- Fuyao Glass Industry Group Co., Ltd.
- Nippon Sheet Glass Co., Ltd. (NSG Group)
- Guardian Industries
- AGC Inc.
- Vitro S.A.B. de C.V.
- Xinyi Glass Holdings Limited
- Central Glass Co., Ltd.
- Shenzhen Benson Automobile Glass Co., Ltd.
- Pittsburgh Glass Works (PGW)
- Webasto SE
- Corning Incorporated
- SYP Kangqiao Autoglass Co., Ltd.
- Pilkington Group Limited
Segments Covered in the Report
By Product
- Tempered Glass
- Laminated Glass
- Others
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By End-use
- Original Equipment Manufacturer (OEM)
- Aftermarket
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 Glass Market
5.1. COVID-19 Landscape: Automotive 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 Glass Market, By Product
8.1. Automotive Glass Market Revenue and Volume, by Product, 2024-2033
8.1.1 Tempered Glass
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Laminated Glass
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Others
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Automotive Glass Market, By Vehicle Type
9.1. Automotive Glass Market Revenue and Volume, by Vehicle Type, 2024-2033
9.1.1. Passenger Cars
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Light Commercial Vehicles
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Heavy Commercial Vehicles
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Automotive Glass Market, By End-use
10.1. Automotive Glass Market Revenue and Volume, by End-use, 2024-2033
10.1.1. Original Equipment Manufacturer (OEM)
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Aftermarket
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Automotive Glass Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.1.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.1.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.1.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.5.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.5.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
Chapter 12. Company Profiles
12.1. Asahi Glass Co., Ltd.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Saint-Gobain S.A.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Fuyao Glass Industry Group Co., Ltd.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Nippon Sheet Glass Co., Ltd. (NSG Group)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Guardian Industries
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. AGC Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Vitro S.A.B. de C.V.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Xinyi Glass Holdings Limited
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Central Glass Co., Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Shenzhen Benson Automobile Glass Co., Ltd.
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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