Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Automotive Glass Market Outlook 2014-2025 by Revenue, Volume, Market Shares and Key Opportunities

Thursday, February 9, 2017 4:35
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Global Automotive Glass Market size is expected to reach a market size of USD 28.93 billion by 2025, according to a new report by Grand View Research, Inc. Rapidly changing consumer demand has led to numerous advancements in the technology used in manufacturing. Increasing demand for sunroof over the past years has led to increase in utilization of the product.

The consumers’ high focus towards luxury is expected to propel innovation in vehicles. The automotive manufacturers now offer either built-in or optional sunroof systems, especially in mid and premium car segments. Value-added features and functions including electrically-switchable smart glass, water-repellent glass, and head-up display (HUD) have been developed in order to improve the energy efficiency and driving comfort & safety of the vehicles.

The high price of laminated glass coupled with high cost associated with the manufacturing of the product is likely to restrain the entry of new market players, thereby posing a significant challenge for the market over the forecast period. The majority of the manufacturers setup a float glass manufacturing facility near the production facility in order to ensure proper and timely supply of raw material. This increases the establishment cost for the manufacturers.

Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/automotive-glass-market

Further key findings from the report suggest:

  • Laminated glass is anticipated to witness significant growth over the forecast period as it is also being increasingly used in front side windows of the vehicles in order to increase the level of safety
  • Sidelite segment is expected to witness growth over the forecast period on account of increasing utilization of laminated glazing on the side windows particularly in Europe, Asia, and North America
  • Asia Pacific dominated the market in 2015 and is expected to witness the significant growth of over 7% from 2016 to 2024. The presence of numerous manufacturers including AGC, Fuyao Group, and NSG in the region is expected to have a positive impact on the market growth over the forecast period.
  • In August 2016, AGC Asahi Glass announced that its subsidiary, Asahi Automotive Europe, entered into a joint venture with Induver Holding, Morrocco. This venture led to the setup of company’s first product base in North Africa, thereby allowing ease in the supply of glass in the region.

View Blog on Automotive Glass Market by Grand View Research: http://www.grandviewresearch.com/research-insights/automotive-glass-market-insights-size-share

Grand View Research has segmented the global automotive glass market on the basis of product, application, end-use, vehicle type, and region:

Product Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 – 2025)

  • Tempered Automotive Glass
  • Laminated Automotive Glass
  • Other Automotive Glass

Application Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 – 2025)

  • Windscreen
  • Sidelite
  • Backlite

End-Use Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 – 2025)

  • OEM
  • ARG

Vehicle Type Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 – 2025)

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Regional Outlook (Volume, Million Square Meters; Revenue, USD Million;2014 – 2025)

North America

  • U.S.

Europe

  • Germany

Asia Pacific

  • China

Latin America

  • Brazil

Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: [email protected]

For more Information visit us@ www.grandviewresearch.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.