A recent report published by Infinium Global Research on automotive windshield market provides in-depth analysis of segments and sub-segments in the 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.
The automotive windshield, also known as the windscreen, is a protective glass panel located at the front and back of the vehicle. These panels are designed to provide visibility and protect the driver from wind, debris, and other external particles. They play a crucial role in helping the driver to operate the vehicle safely by ensuring both protection and visibility. Vehicle windshields are typically made of laminated glass or tempered glass. Laminated glass consists of two panes of glass with a polyvinyl butyral (PVB) interlayer sandwiched between them, creating a single, uniform piece. This PVB layer prevents the windshield from shattering upon impact, thus protecting passengers in the event of a collision. Additionally, the laminated glass is highly resistant to penetration, thereby ensuring overall safety. Furthermore, if the windshield sustains damage, the laminated glass localizes it to the point of impact, without compromising visibility in other areas of the windshield. Moreover, laminated glass effectively blocks harmful UV rays. On the other hand, tempered glass is used for windshields due to its ease of breakage. It can be produced through either chemical treatment or a special heating and rapid cooling process, resulting in breakable glass that shatters into small pieces with rounded edges, also known as safety glass.
The growth of the automotive windshield market is primarily driven by the increasing production of vehicles. According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2023 around 93 million vehicles were produced around the world. As the global automotive industry expands, there is a corresponding rise in the demand for windshields, which are essential components of vehicles. The surge in vehicle production, particularly in emerging economies, contributes to the rising demand for automotive windshields, thereby boosting market growth. Moreover, the aftermarket demand for automotive windshields is further propelling the market growth. Factors such as accidents, environmental conditions, and general usage contribute to the need for windshield replacements and repairs. This continuous aftermarket demand ensures a sustained market for windshields, benefiting manufacturers and suppliers. However, supply chain disruptions can hamper the growth of the automotive windshield market. The supply chain disruption can lead to production and distribution delays. These disruptions can result in increased costs and reduced availability of raw materials, negatively impacting the market. Nonetheless, innovations in windshield technology present lucrative opportunities for market expansion. Advances such as smart windshields, heads-up displays, and enhanced safety features are attracting significant interest from consumers and automotive manufacturers alike. As these innovations become more widespread, they are expected to drive the growth of the automotive windshield market in the forecasted period.
The global automotive windshield market is geographically segmented into North America, Europe, Asia Pacific, and the rest of the world. Among the regions, the Asia Pacific region is expected to hold the prominent share of the automotive windshield market in terms of revenue during the forecasted period. The prominent position of the Asia Pacific region can be attributed to the rapid growth of the automotive industry in countries such as China, India, and Japan. The increasing production and sales of vehicles in these countries are major factors driving the demand for automotive windshields. According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2023, the production of vehicles in China was around 30 million, while Japan and India produced around 8.9 million and 5.8 million vehicles, respectively. Additionally, the presence of numerous automotive manufacturers and suppliers in the Asia Pacific region contributes to the growth of the market. Moreover, the North America region is expected to witness a significant growth rate in the automotive windshield market during the forecasted period. The region boasts a mature automotive industry with established manufacturers and a strong presence of advanced manufacturing technologies, which drive the demand for high-quality windshields. The increasing adoption of advanced driver assistance systems (ADAS) and smart windshield technologies in North America further contributes to the market's growth.
| Report Coverage | Details |
|---|---|
| Market Size in 2023 | USD 17.49 Billion |
| Market Size by 2032 | USD 30.84 Billion |
| Growth Rate from 2024 to 2032 | CAGR of 6.53% |
| Largest Market | Asia Pacific |
| No. of Pages | 300 |
| Market Drivers |
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| Market Segmentation | By Glass Type, By Position, By Vehicle Type, and By Sales Channel |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global automotive windshield market provides a detailed analysis of segments in the market based on Glass Type, Position, Vehicle Type, and Sales Channel.
· Laminated Glass
· Tempered Glass
· Front Windshield
· Rear Windshield
· Passenger Vehicle
· Light Commercial Vehicles
· Heavy Commercial Vehicles
· Original Equipment Manufacturer (OEM)
· Aftermarket
· AGC Inc.
· Nippon Sheet Glass Co., Ltd
· Duratufglass.com
· Saint-Gobain
· Xinyi Glass Holdings Limited
· Fuyao Group
· Vitro
· Central Glass Co., Ltd.
· Guardian Industries
· Şişecam
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this 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 the automotive windshield market. Moreover, the study highlights current market trends and provides forecasts from 2024-2032. We also have highlighted future trends in the 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.