PUBLISHER: Visiongain Reports Ltd. | PRODUCT CODE: 1088890
PUBLISHER: Visiongain Reports Ltd. | PRODUCT CODE: 1088890
Title:
Automotive Glass Market Report 2022-2032
Forecasts by Glass Type (Laminated Glass, Tempered Glass, Others), by Application (Windshields, Sidelite, Backlite, Quarter Glass (Front, Rear), Side-view Mirror, Rear-view Mirror, Sunroof), by End-user (OEM, Aftermarket), by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV) (Buses, Trucks)), by Electric Vehicles (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.
The Automotive Glass Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Government initiatives boosting EV sales, rising consumer awareness about the use of fuel-efficient vehicles, decreased emission limits and technological advancements, increasing glass applications in automotive vehicles, better consumer experience, rising standards of living, generational preference shift, increasing global demand for EVs in double digits, and growing innovation along with advanced technology are the primary factors.
With the introduction of more rigorous government laws requiring the use of fuel-efficient automobiles to reduce emissions throughout the world, the need for light-weight vehicles is likely to rise, resulting in an increase in glass demand. Due to rising gasoline costs throughout the world, the demand for fuel-efficient automobiles has expanded dramatically over the years. Due to the depletion of fossil fuel supplies, the price of gasoline and diesel has risen exponentially, encouraging people to convert to battery electric cars. The National Highway Traffic Safety Administration ("NHTSA") has established minimum corporate average fuel economy ("CAFE") criteria for light-duty cars in the United States. NHTSA enforces various CAFE criteria for each manufacturer's fleet of domestic passenger vehicles, imported passenger cars, and light-duty trucks, according to the regulations. These reasons are steadily increasing demand for battery electric vehicles throughout the world.
The vehicle is evolving toward the trend of "being electric, connecting to networks, being intelligent, and sharing with others" (the new four modernizations), and the automobile industry has now reached a new stage of growth marked by diverse needs and an optimised structure. The use of new energy cars is expanding, and smart vehicles are becoming more widely available. Vehicles have evolved from simple conveyance devices to "intelligent mobile terminals." More and more innovative technologies are being integrated into automotive glass as a result of the development of new four modernizations. It proposes new specifications for vehicle glass as well as new potential for the industry's growth. As a result, with a growing share of added value products such as smart and panoramic skylight glass, dimmable glass, head-up display glass, and ultra-inoculation glass, automotive glass has evolved toward "safety and comfort, energy conservation and environmental friendliness, beautiful appearance, and intelligence and integration." Fuyao's industry-leading position in terms of technology has created structural prospects for the company's automotive glass sales.
The adoption of lightweight cars is closely linked to the growth of the worldwide automotive glass industry (i.e. electric vehicles). Glass is a crucial component in the production of contemporary automobiles. The rapidly increasing demand for electric vehicles has generated a major opportunity for the worldwide automotive glass industry. Electric vehicle sales reached 2.57 million units in 2018 and are predicted to reach 21.6 million units by 2030, with a CAGR of 20.0 per cent between 2019 and 2030.
This report tells you TODAY how the automotive glass market will develop in the next 10 years, and in-line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, V, L, W and U are discussed in this report.
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 4 regional and 21 leading national markets:
The report also includes profiles and for some of the leading companies in the Automotive Glass Market, 2022 to 2032, with a focus on this segment of these companies' operations.
Overall world revenue for automotive glass market, 2022 to 2032 in terms of value the market will surpass US$16,138.7 million in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
In summary, our 550+ page report provides you with the following knowledge:
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Automotive Glass Market, 2022 to 2032 Market and leading companies. You will find data, trends and predictions.
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