Authored By: Sarah
06 Oct 2021

Automotive Glass: Top Drivers that will Enable COVID-19 Recovery

Growth Drivers and Market Forecast for 2021-2025

Technavio’s Automotive Glass Market is set to grow by $ 2.15 bn, and the market will progressing at a CAGR of almost 2.95% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Automotive Glass Market: Key Market Drivers

^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is Increased demand for premium vehicles and sunroofs. For more insights on the impact of this and all the other drivers, request for our FREE sample report:

Top Drivers for Automotive Glass Market Size to Grow by $ 2.15 bn During 2021-2025

Automotive Glass Market: Growth Segments

This report provides a detailed analysis of the market by Application (Passenger cars, Light commercial vehicles, and Medium and heavy commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

Automotive Glass Market: AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Magna International Inc., Nippon Sheet Glass Co. Ltd., Webasto SE, and Xinyi Glass Holdings Ltd. are some of the leading competitors

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Magna International Inc., Nippon Sheet Glass Co. Ltd., Webasto SE, and Xinyi Glass Holdings Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 2.95%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.15 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increased demand for premium vehicles and sunroofs will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    61% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Magna International Inc., Nippon Sheet Glass Co. Ltd., Webasto SE, and Xinyi Glass Holdings Ltd.
     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Passenger cars, Light commercial vehicles, and Medium and heavy commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA)

Automotive Glass Market Size to Grow by $ 2.15 bn During 2021-2025

Technavio has been monitoring the automotive glass market and it is expected to grow by $ 2.15 bn, accelerating at a CAGR of almost 2.95% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Automotive Glass Market: Receive Free Sample Report


Automotive Glass Market: APAC to lead market growth during the forecast period

  • 61% of the market growth will originate from APAC during the forecast period.
  • Increasing license acquisition and investments in intelligent glass will be a key trend that will influence market growth significantly.
  • The Increased demand for premium vehicles and sunroofs will be a significant factor in driving the growth of the automotive glass market.

Top Drivers for Automotive Glass Market Size to Grow by $ 2.15 bn During 2021-2025

Automotive Glass Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Magna International Inc., Nippon Sheet Glass Co. Ltd., Webasto SE, and Xinyi Glass Holdings Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Automotive Glass Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive glass market growth during the next five years
  • Precise estimation of the automotive glass market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive glass market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive glass market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 2.95%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.15 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increased demand for premium vehicles and sunroofs will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    61% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Magna International Inc., Nippon Sheet Glass Co. Ltd., Webasto SE, and Xinyi Glass Holdings Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Passenger cars, Light commercial vehicles, and Medium and heavy commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA)

Automotive Glass Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the automotive glass market and it is expected to grow by $ 2.15 bn, accelerating at a CAGR of almost 3% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Automotive Glass Market: Receive Free Sample Report


Automotive Glass Market: Key Trends to impact market growth

The increase in license acquisition and investments in intelligent glass is one of the key automotive glass market market trends. The use of automotive intelligent glass for the adoption of advanced technologies to enhance the safety and comfort of vehicles will fuel the growth of the market. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Automotive Glass Market: Top Drivers to Boost Demand

The increase in demand for premium vehicles and sunroofs is one of the primary factors driving the growth of the automotive glass market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Top Drivers for Automotive Glass Market Size to Grow by $ 2.15 bn During 2021-2025

Vendor Analysis: AGC Inc., Central Glass Co. Ltd. and Compagnie de Saint-Gobain SA are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, Corning Inc., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Magna International Inc., Nippon Sheet Glass Co. Ltd., Webasto SE, and Xinyi Glass Holdings Ltd. are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Automotive Glass Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive glass market growth during the next five years
  • Precise estimation of the automotive glass market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive glass market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive glass market vendors
Read News Read Less
Interested in this report?
Get your sample now!
Technavio