Automotive windshield market is projected to grow at a CAGR of 6.28% from $ 14.27 billion in 2017to reach $ 23.24 billion by 2025.
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Top Companies Analyzed for Automotive Windshield Market are – Asahi Glass (Japan), Saint-Gobain (France), Xinyi Glass (China), Fuyao Glass (China), Nippon Sheet Glass (Japan), Vitro (Mexico), Central Glass (Japan), Dura Automotive (US), Shenzhen Automobile (China), Sisecam (Turkey), Guardian Industries (US), Magna (Canada).
The major factors driving the growth of the market include the growing vehicle production and the increasing use of windshields for the latest display technologies. On the other hand, the fluctuating prices of glass raw material create a challenge to the growth of the automotive windshield market.
Whereas, the use of solar reflective windshield and the use of windshield for augmented reality application are expected to create opportunities for the growth of automotive windshields.
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The laminated glass segment in the automotive windshield market is estimated to account for the largest share, by service segment, in 2017.Various digital systems such as GPS tracking systems, remote diagnostics system, fuel management system, and driver information system are provided as a standard feature in trucks by OEMs. Hence, the growth of the laminated glass segment for the automotive windshield market is expected to be driven by the increasing use of laminated glasses, particularly front windshields, especially in Asian countries, such as India and China, where there are more chances of road mishaps.
Laminated glasses are not only safe but also offer protection against harmful ultraviolet (UV) rays coming from the sun. Automotive windshield manufacturers such as Asahi Glass (Japan), Saint-Gobain (France), Xinyi (China), and Fuyao Glass (China) supplies laminated windshield for carmakers such as Bentley (UK), Mercedes (Germany), BMW (Germany), Audi (Germany), General Motors (US), Toyota (Japan), Volkswagen (Germany), Ford (US), Chrysler (US), Nissan (Japan), Honda (Japan), Hyundai (South Korea), Fiat (Italy), Volvo (Sweden), and Land Rover (UK).
- Automobile manufacturers
- Automobile organizations/associations
- Compliance regulatory authorities
- Government agencies
- Information Technology (IT) companies & System integrators
- Investors and Venture Capitalists (VCs)
- Raw material suppliers for automotive windshield
- Traders, distributors, and suppliers of automotive windshield
The report segments the automotive windshield market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America, and RoW), windshield position (front windshield and rear windshield), glass type (laminated glass and tempered glass), material type (thermo set and thermoplastic) , vehicle type (Passenger Car (PC),Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV)), and electric vehicle (HEV, BEV, and PHEV).The qualitative analysis of advanced features is also provided.
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