Automotive glass market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. Major factors projected to propel the growth of the automotive glass market include increased passenger safety concerns and the development of smart glass technologies to improve sunlight protection, comfort, and visibility. For instance, in September 2021, Gauzy partnered with LG Display to bring smart, dynamic, transparent displays to various types of vehicles. With this innovation, Gauzy showed how light control glass (LCG) tech is heading towards a new standard in advanced glazing that can benefit the automotive and transportation industry. Gauzy’s main goals are to make any window active and multifunctional and provide both visual and thermal comfort alongside communication, which can benefit the automotive and transportation industry.
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The increasing sales of vehicles, rising demand for aftermarket windshields, and rising number of product launches are anticipated to drive market growth in the region. In 2021, the total production of passenger vehicles, and commercial vehicles in the US was 9157 thousand units, and total domestic sales of passenger vehicles, and commercial vehicles were 11,831 thousand units, according to the US Department of Transportation. Moreover, the rising adoption of smart and advanced glass technology is another factor that boosts the market growth. For instance, in June 2020, Fuyao Glass Industry Group Co. Ltd. and Harxon Corporation established a partnership to develop an advanced smart conformal antenna with automotive glass. By combining the automotive glass and the antennas into one package, automakers capture the immediate benefits of cost reduction, reduced installation complexity, and improved reliability.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Glass Market Report Segment
By Glass Type
- Laminated Glass
- Tempered Glass
- Solar Glass
- Heated Glass
By Application
- Windshield
- Sidelite
- Backlite
- Sunroof
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Electric Vehicles
Global Automotive Glass Market Report Segment 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
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive glass market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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