A recent report published by Infinium Global Research on automotive windshield market provides an in-depth analysis of segments and sub-segments in global as well as regional automotive windshield market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional automotive windshield market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global automotive windshield market. According to the report, the global automotive windshield market is projected to grow at a CAGR of 6.2% over the forecast period of 2018-2024.
The windshield is the window glass installed in the front of the vehicles such as aircraft, bus, car, and motorbike. a windshield is used to protect the vehicle’s occupants from wind, sunlight, pollution, dust, insects, and rocks, and other particles from entering the cabin of the vehicle. Automotive windshields are manufactured by using laminated safety glass. Laminated safety glass consists of two curved sheets of glass with a plastic layer laminated between them and used to resist any shattering for safety.
Increasing vehicle production and vehicle sales are anticipated to drive the automotive windshield market. However, high replacement cost is expected to cause restraining effects in the automotive windshield market. On the other hand, increasing adoption of solar reflective windshields is expected to provide huge growth opportunities for the key players in the automotive Windshield Market. Now a day’s special purpose windshield, such as bullet resistance windshields, are used to provide additional safety and security to the vehicle occupants. Moreover, automotive windshield market has largely been advancing from the changing patterns in government regulations and end-users opinion towards enhanced safety in automobiles. The growing use of solar reflective windshields and increasing use of gorilla glass are the key trends in the automotive windshield market.
Among the Geographies, Asia Pacific region held the largest market share in automotive windshield market followed by North America. The Asia Pacific region is anticipated to witness huge growth owing to development in infrastructural development and rising demand for commercial vehicles in construction companies. Developing countries such as India and China have witnessed significant economic growth that is expected to increase the demand for passenger cars. Various automotive OEMs, especially in the Asia Pacific, are offering solar reflective glasses, and safety glasses, especially for automotive windshields.
The report on global automotive windshield market covers segments such as glass type, position, vehicle type, and sales channel. On the basis of glass type, the global automotive windshield market is categorized into a laminated glass and tempered glass. On the basis of position, the global automotive windshield market is categorized into the front windshield and rear windshield. On the basis of vehicle type, the global automotive windshield market is categorized into passenger vehicle and commercial vehicle. On the basis of sales channel, the global automotive windshield market is categorized into OEM’s and aftermarket.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while the Asia-Pacific region includes countries such as China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are the major markets included in the European region. The U.S. drives the growth in the North America region, as it is the largest market in the region. In the Asia-pacific region, rapid industrial growth in India and China offers substantial potential for the growth in the automotive windshield market. As a result, the APAC region is projected to experience growth at a CAGR of x.x% over the forecast period 2018-2024.
The report provides profiles of the companies in the global automotive windshield market such as Nippon Sheet Glass Co., Ltd., Fuyao Glass Industry Group Co. Ltd, Xinyi Glass Holdings Limited, Asahi Glass Co., Ltd., Compagnie de Saint-Gobain S.A., Dura Auto India Pvt Ltd, Central Glass Co., Ltd., Shenzhen Benson Automobile Glass Co., Ltd., Guardian Industries, Sisecam Group, Ecam Group, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global automotive windshield market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of automotive windshield market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the automotive windshield market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the automotive windshield market to understand the present and future trends in this market and formulate their strategies accordingly.
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