Market Research Report
Automotive Glass Market Size By Product, By Application, By End-Use, By Vehicle, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||945476|
|Published||Content info||240 Pages
Delivery time: 2-3 business days
|Automotive Glass Market Size By Product, By Application, By End-Use, By Vehicle, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026|
|Published: June 22, 2020||Content info: 240 Pages||
Automotive Glass Market Size By Product (Laminated, Tempered), By Application (Sidelite, Backlite, Windscreen), By End-Use (Aftermarket Replacement Glass, Original Equipment Manufacturer), By Vehicle (Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Cars), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
Automotive glass market is expected to be driven by the growing demand for glass applications and vehicle production. Automotive glass has a very rich history of R&D, and it keeps on advancing every year. Right from putting in special UV filters and tints to windows so as to shield the interiors, to forming ways to fix in small cracks with resin, it is noticed that car manufacturers have realized that automotive glass is a key component of vehicles.
Today, several vehicles are now using ADAS (Advanced Driver Assistance Systems) which helps the driver and passengers by alerting them about nearby obstacles, vehicles, and road hazards. Further, the technology utilizes sensors which are generally focused towards the windshield. This further means that the with ongoing technological advancements, automotive glass industry will in turn change. Owing to this, mechanics are thus recalibrating technology to make sure that the safety features of smart glass are functioning appropriately to safeguard the drivers on the road.
The automotive glass market is bifurcated in terms of product, application, distribution channel, vehicle, and regional landscape.
There are different types of automotive glasses each with its own function. Laminated glass is considered a type of safety glass which tends to hold together if shattered. These are used for windshields, back windshields, and side windows. Laminated glass also blocks harmful UV rays, are very effective in noise reduction. Additionally, presence of plastic interlayer further helps in preventing shattering of glass. Owing to the above-mentioned features most of the car models utilize laminated glass today.
Solar control laminated glasses usually filter out nearly 99% of the UV rays and are 40% best at screening out the solar heat energy. These laminated glasses also stop solar energy from entering the interior of the car while also allowing enough amount of light it get into the cabin for optimal passenger comfort.
Another type of automotive glass is tempered glass, it is mainly utilized for rear windshield glass and side window glass. Even if it breaks, the glass shatters into small pieces and not into long sharp shards that could hurt passengers.
This in turn protects people from any sort of injuries. Also, owing to the fabrication process, these glasses are strong and hard in nature as compared to other untreated glass having the same amount of thickness. The aforementioned features of different types of automotive glasses will thereby drive the automotive glass market.
From a regional frame of reference, the North America region will witness around 3.5% CAGR over the forecast timeframe in terms of volume owing to rising sales of light trucks and utility vehicles.
The Latin America automotive glass will witness around 5.5% CAGR over the projected time period owing to increasing presence of established manufacturers in the region.