Automotive Windshield Market Scenario by 2032
The global automotive windshield market is anticipated to value USD 28.83 billion, expanding at
a CAGR of 7.45% during the forecast year 2023-2032. The increasing demand for
passenger vehicles is one of the most substantial elements driving the global
automotive windshield market 2032. The rising environmental concerns is another
factor leading to market expansion. The global automotive windshield market has
witnessed an exponential growth, and the future of the global automotive
windshield market is estimated to be very broad
The outbreak of coronavirus has resulted in a halt in
daily business operations. The research performed by MRFR tracks the aftermath
of the COVID-19 pandemic. Also, a precise study of factors augmenting and
impeding the market in the post-COVID-19 period has been evaluated. We will
provide COVID-19 impact analysis with the report.
Get Free Sample Report of Automotive Windshield Market
Key Players
The notable market competitors of the worldwide market
are:
·
Saint-Gobain
(France),
·
Asahi
Glass (Japan),
·
Xinyi
Glass (China),
·
Nippon
Sheet Glass (Japan),
·
Fuyao
Glass Industry (China),
·
Dura
Automotive (U.S.),
·
Vitro
(Mexico),
·
Magna
International (Canada),
·
Sisecam
Group (Turkey),
·
PPG
Industries (U.S.),
·
Guardian
Industries (U.S.),
·
Shenzhen
Benson Automobile (China) and others.
Market
Segmentation
The worldwide automotive windshield market can be
segmented on the basis of glass type, vehicle type, end market, and region.
On the basis of glass type, the worldwide automotive
windshield market can be segmented into tempered and laminated.
On the basis of vehicle type, the worldwide automotive
windshield market can be segmented into light commercial vehicles, passenger
cars, and heavy commercial vehicles.
On the basis of the end market, the worldwide automotive
windshield market can be segmented into OEMs and aftermarket.
On the basis of region, the worldwide automotive
windshield market can be segmented into North America, Europe, Asia Pacific and
Rest of the world.
Regional
Analysis
The geographical analysis of North America, Europe, Asia
Pacific and Rest of the world has been performed. The market has witnessed
significant growth from the past few years. Among the nations evaluated, the
APAC region is likely to reign the automotive windshield market. The market has witnessed rapid growth from the
past few years.
There has been a rise in the sales of passenger cars, the
rising usage of Glass on vehicles, the technological evolution, and the rising
popularity of vehicle sunroof. Among all nations, the emerging nations like
China and India are estimated to make a significant contribution to expanding
the market. Moreover, the APAC region sustained the global economic crisis of
2008-09 and have been displaying the
growth in production and sales across the world.
The second position has been attained by North America.
The region consists of established players. Besides, the region consists of
developed nations like The U.S. and Canada. Also, the region is technically
advanced, which helps in propelling the market further. Among all nations, the
U.S. is estimated to make the most significant contribution in expanding the
market.
The outbreak of COVID-19 is likely to change the market
mechanism of several regions. Several markets have been influenced
significantly due to the observation of nationwide lockdown in various
countries
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