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Automotive Glass Market Segments, Opportunity, Growth and Forecast by End-use Industry 2017-2023

Automotive

Automotive

PUNE, MAHARASHTRA, INDIA, April 17, 2018 /EINPresswire.com/ -- Automotive Glass Market

Summary 

The growth of automotive industry leads to the increased demand for automotive glass market. Rising production and sales of vehicles are likely to result in increased usage of the automotive glass. Factors such as the growing demand for luxury and value added features such as electronically switch abled smart glasses and other are some of the factors driving the automotive glass market. Additionally, benefits such as thermal comfort and noise reduction offered by these will enhance automotive glass market. Moreover, the rising need for weight reduction in cars, is expected to fuel the demand for ultra-thin & tough windshield glasses for sophisticated vehicle models.

The market is expected to reach market size of 28,135.7 million by the end of forecast period with CAGR 7.73% between 2017 and 2023.

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Global Automotive Glass market: Segmentation
• BY Type
o Tempered Glass
o Laminated Glass
• By Vehicle Type
o Passenger Car
o Light Commercial Vehicles
o Heavy Commercial Vehicles
• By Application
o Windscreen
o Sidelite
o Backlite
o Sunroof

Key Players 
The major players operating in the market of global automotive glass are Nippon Sheet Glass Co. Ltd (Japan), Vitro, S.A.B. de C.V. (Mexico), Xinyi Glass Holdings Limited (Hong Kong), Guardian Industries Corp (U.S.).

Table of Contents 

1 Executive Summary 12
2 Introduction 14
2.1 Definition 14
2.2 Scope of the Study 14
2.3 Assumptions 14
2.4 Market Structure 14
3 Research Methodology 16
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 19
4 Market Dynamics 20
4.1 Introduction 20
4.2 Market Drivers 21
4.2.1 Increase in Sales of New Vehicles 21
4.2.2 Increasing Focus on R&D for Automotive Glass 22
4.2.3 Accelerating urbanization led to growth of automobile industry 22
4.3 Market Restraints 23
4.3.1 Higher Cost of Smart Glass 23
4.3.2 Strict Government regulation for Certification of Automotive Glass 23
4.4 Market Opportunities 24

  

  .Continued

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