Global Automotive Glass Market Size, Share and Trends Analysis Report, By Glass Type (Laminated and Tempered), By Application (Windshield, Sidelight, Backlight, and Sunroof), By Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles, and Electric Vehicles) Forecast Period (2022-2028)

The global automotive glass market is anticipated to grow at a CAGR of 9.8% during the forecast period (2022-2028). Increased investment in technological advancements of automotive glass has resulted from a focus on increasing the application of sunroofs in popular vehicles and the usage of technologies such as head-up displays to improve driver attention. Market trends are driving the establishment of regulations for windshield retention and roof crush after a rollover to improve the safety features of automobiles. All of these elements work together to support and complement each other, resulting in significant global automotive glass market growth.

Windshields and back windows have a more pronounced installation angle as a result of aerodynamic style, making them longer. Due to the increased surface area, the appearance of glass on automobiles becomes more important, resulting in a greater preference for sunroofs and moonroofs. Reflective coatings reduce the air conditioning load, saving energy and lowering pollution levels. As a result, the market is likely to profit from the environmental benefits of advancements in this type of glass.

The growth of cost-effective glass for vehicles has been driven by the stabilization of prices of components such as soda ash, lime, oxides of magnesium, potassium, and aluminum, as well as increasing gasoline prices. The automotive glass market is growing due to rising demand for cars in the transportation and logistics industry, as well as a focus on enhancing vehicle aerodynamics due to safety standards. Furthermore, the expansion of this market is being fueled by an increase in the sale of crossovers and SUVs, as well as increased disposable income, particularly in developing countries.

Heavy-duty vehicle production has been spurred by rapid growth in the transportation and logistics industry. Automobile manufacturing and sales have been encouraged by rising disposable income and a growing global population. The expansion of the automotive glass market is fueled by these major factors. Cost and weight savings are possible that to technological breakthroughs in car glass, which also improve driver comfort and safety. Moreover, various governments’ safety criteria for occupant crash protection are propelling the evolution of this form of glass.

Some major players in the market include Asahi India Glass Ltd., Fuyao Glass America Inc., Nippon Sheet Glass Co., Ltd, Saint-Gobain Group, and Xinyi Glass Holdings Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

Fuyao Glass America Inc. offers HUD Windshield. It reduces the number of times the driver looks down to examine the instrument. It prevents outside distractions from distracting the driver, enhances reaction time, also relaxes the eyes, imagines driving, and improves comfort and security-type situations.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Glass Type
  • By Application
  • By Vehicle Type
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Asahi India Glass Ltd., Fuyao Glass America Inc., Nippon Sheet Glass Co., Ltd, Saint-Gobain Group, Xinyi Glass Holdings Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Automotive Glass Market Report by Segment

By Glass Type

• Laminated
• Tempered

By Application

• Windshield
• Sidelight
• Backlight
• Sunroof

By Vehicle Type

• Passenger Car
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Electric Vehicles

Global Automotive Glass Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa