Automotive Glass Market Snapshot
“The Automotive Glass Market is estimated to increase at a CAGR of 4.2% from $ 3.78 Billion in 2023 to $ 5.15 Billion by 2030.”
The global automotive glass market is a crucial industry that manufactures and supplies glass components for automobiles worldwide, including windshields, side windows, and rear windows. It ensures driver visibility, safety, and vehicle aesthetics.
The market is influenced by vehicle manufacturing trends, glass technology advancements, safety requirements, and consumer preferences. Top manufacturers innovate to meet industry demands for better performance, aesthetics, and sustainability.
Automobile manufacturers often neglect the windscreen and surrounding windows in their television commercials, despite the glass being developed with safety in mind. Although the glass appears similar to other types, it performs differently.
Home windows are typically made of standard glass that breaks when broken, but are not subjected to the same stress as automobile windows.
Cars face various challenges, such as potholes, pebbles, and fender benders, which make automotive glass divided into two types: laminated glass for the windscreen and tempered glass for side windows. These safety glass types protect the vehicle's structure and occupants, with laminated glass used for the windscreen and tempered glass for side windows.
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Key benefits
- This product provides UV protection by blocking up to 99% of the sun's harmful UV radiation, offering benefits similar to SPF 50+ sunscreen.
- The solar control glass's glazing effectively enhances fuel efficiency, reducing AC usage by 10-15%, resulting in increased vehicle mileage.
- Superior Comfort: This feature reduces the interior temperature of your car, providing a comfortable and cooler climate throughout your journey.
- Solar glass, which blocks 95% of the sun's UV radiation, extends the life of car upholstery, seats, steering wheel, and dashboard.
Growth Drivers
Smart glass and gorilla glass are being increasingly used in automobiles to enhance safety and comfort for drivers and passengers, with the production of smart glass alternatives rapidly expanding.
The automotive glass market is expected to grow due to the growing demand for aesthetic, safety, and comfort features in hatchbacks, driven by the global demand for sunroofs, which promote airflow and are expected to be a significant factor in the market's growth.
Restraints
The establishment of an automotive glass manufacturing facility requires a substantial initial investment.
Flat glass is used in windscreen glass manufacturing for automobiles, but the investment for a new plant is high, costing between $100-240 million, and repairs can be around 45 million after 15 years, leading many glass companies to opt for expansion.
The raw material of glass is known for its high cost.
The global automotive glass market is heavily reliant on various raw materials like limestone, soda ash, silica, and natural gas. Price fluctuations can significantly impact the market. This report covers recent developments, trade regulations, import-export analysis, production optimization, market share, domestic and local market players, emerging revenue opportunities, regulatory changes, and strategic market growth analysis.
Market Trends
The demand for Automotive Glass is increasing due to the growing production of vehicles, particularly in emerging economies like China and India.
Research is underway to develop smart glass for the car industry, aiming to provide a head-up display similar to a helicopter's glass cockpit. This technology will enhance accessibility to controls and improve vehicle ambiance, and is expected to increase the value of the automobile window market over the projected period.
The market growth is attributed to factors such as increasing glass adoption, new glass design iterations, technological advancements in the auto industry, consumer high living standards, urbanization, industrialization, global economic growth, and electric car production.
Automotive Glass Market Segment Analysis
Segment by Vehicle Type
The Automotive Glass market is divided into three main vehicle types: passenger automobiles, commercial vehicles, and off-highway vehicles. The market is divided into two segments: OEM and aftermarket.
The OEM segment is expected to grow faster, while the passenger car segment is expected to account for the majority. The commercial vehicle segment is expected to develop moderately, while the off-highway vehicle category is expected to develop slower than the passenger vehicle segment.
Segment by Application
The Automotive glass market is divided into submarkets, with windscreens and side windows being the most prominent.
The windscreen segment is expected to grow faster due to the increased demand for ADAS and larger windscreens.
The side window market is expected to develop due to the growing popularity of SUVs and other vehicles with large side windows.
Segment by Sales Channel
The Original Equipment Manufacturers (OEM) segment is predicted to grow at a faster CAGR, with companies manufacturing glass for new automobiles classified as OEMs and aftermarket suppliers as aftermarket suppliers.
The market is expected to expand rapidly due to the construction of new assembly factories, especially those for electric vehicle production.
Competitive Landscape of the Automotive Glass Market Analysis
- Dura Automotive Systems
- Saint-Gobain S.A.
- Asahi Glass Co. Ltd.
- Fuyao Glass Industry Group Co. Ltd.
- Nippon Sheet Glass Co. Ltd.
- Xinyi Glass Holding Ltd.
- Central Glass Co. Ltd.
- Glas Trosch Holding AG
- Gentex Corporation
- Magna International Inc.
- Vitro S.A.B de C.V.
- Guardian Industries Corporation
New Developments in Automotive Glass Market
December 13, 2022- Saint-Gobain Launches Glass Circular Economy Program At Two Facilities In California, Recycling Windshield Glass To Be Used In Insulation Production
Saint-Gobain North America, through its automotive glass subsidiary Saint-Gobain Sekurit and its building products subsidiary CertainTeed Insulation, has begun a recycling program at two locations in California, where windshield glass scraps are recycled and reused in the production of insulation.
30 May 2022- Reform and Integration of Automotive Glass Business in China
NSG Group is proud to announce that we plan to integrate our Automotive glass business in China with SYP Kangqiao Autoglass Co., Ltd. ("SYP Automotive"), a major Chinese automotive glass manufacturer. This integration into SYP Automotive will strengthen our ability to meet the growing needs of vehicle manufacturers in China.
It is planned that automotive processing operations fully owned by NSG in Guilin and Tianjin will be transferred to SYP Automotive. NSG Group will undertake to re-invest the sale proceeds back into in SYP Automotive. The sale will take the form of the sale of two wholly owned legal entities owned by NSG in China, being Tianjin NSG Safety Glass Co., Ltd. ("NSG Tianjin") and Guilin Pilkington Safety Glass Co., Ltd. ("NSG Guilin").
NSG Group currently holds a 20% stake in SYP Automotive As a consequence of the sale, this stake will increase to approximately 29%.
June 23, 2023- Saint Gobain focuses on AR heads-up and embedded displays for the Indian market
In April 2022, Fuyao Group through its subsidiary Fuyao Glass America Inc., a venture of China-based Fuyao Glass Industry Group Co. Ltd. expanded its operations in Greenville County. Its $34.5 million investment create 121 new jobs.
Regional Analysis of Global Automotive Glass Industry
“In 2022, Asia Pacific held the largest revenue share in the Automotive Telematics market.”
Asia-Pacific is predicted to experience the fastest CAGR growth in the automotive glass market due to emerging economies, strong manufacturers in Japan, China, and India, rapid technological advancements in transportation legislation, and the region's growing population, offering new opportunities.
China, the world's largest auto producer, is experiencing growth in the global automotive glass market due to its abundant economic resources, established glass manufacturing players, increasing R&D capacities, and new production plants to meet the growing demand for electric vehicles.
The UK market is competitive and expanding, primarily driven by the need for automotive repair and replacement services, including windshields, side windows, and rear windows for automobiles, buses, trucks, and commercial vehicles.
Europe's market share in electric vehicles is expected to grow significantly due to strict safety standards, innovative companies like Saint-Gobain Sekurit, and the increasing number of electric vehicles in the region.
Segments Covered in the Automotive Glass Market Report
Segments by Glass Type
- Laminated Glass
- Tempered Glass
Segments by Application
- Windshield
- Back Glass
- Door Glass
- Quarter Glass
- Vent Glass
- Moon/Sun Roof
Segments by Vehicle Type
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Electric Vehicles
Segments by Sales Channel
- Original Equipment Manufacturers (OEM)
- Aftermarket
Market by Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Frequently Asked Questions
What is the expected growth rate of the Automotive Glass market over the next 7 years?
The Automotive Glass Market is estimated to increase at a CAGR of 4.2% from $ 3.78 Billion in 2023 to $ 5.15 Billion by 2030.
Who are the major players in the Automotive Glass market and what is their market share?
Dura Automotive Systems, Saint-Gobain S.A., Asahi Glass Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Xinyi Glass Holding Ltd., Central Glass Co. Ltd., Glas Trosch Holding AG, Gentex Corporation, Magna International Inc., Vitro S.A.B de C.V., Guardian Industries Corporation, are prominent players operating and dominating in the market.
Who are the top 3 Automotive Glass Market Key Vendors?
Dura Automotive Systems, Saint-Gobain S.A., Asahi Glass Co. Ltd, are key players in the Automotive Glass market.
Which geographical areas dominate the worldwide market for Automotive Glass?
Asia Pacific region are emerging as the top regional markets for Automotive Glass solutions.
1.SUMMARY
1.1. Automotive Glass Market Overview
1.2. Key Insights
1.3. Report Scope
1.4. Research Methodology
1.5. Frequently Asked Questions
1.6. Chapter Outlines
- DECISION-MAKING SUMMARY
- INTRODUCTION
3.1. Overview of Automotive Glass
3.2. Key Historical Events
3.3. Structure
3.4. Biochemical Interaction
3.5. Target Indications
3.6. Advantages of Automotive Glass
3.7 Challenges associated with Automotive Glass
3.8. Future Perspectives.
- MARKET LANDSCAPE
4.1. Methodology
4.2 Automotive Glass: Developer Landscape
4.2.1. Analysis by Year of Establishment
4.2.2. Analysis by Company Size
4.2.3. Analysis by Location of Headquarters (Region-wise)
4.2.4. Analysis by Location of Headquarters (Country-wise)
4.2.5. Analysis by Year of Establishment, Company Size and Location of Headquarters (Region-wise)
4.2.6. Most Active Players
- COMPANY
5.1. Company Overview
5.1.2 Management Team
5.1.3. Product Portfolio
5.1.4. Recent Developments and Future Outlook
- PARTNERSHIPS AND COLLABORATIONS
6.1. Partnership Models
6.2. Automotive Glass: Partnerships and Collaborations
6.2.1. Analysis by Year of Partnership
6.2.2. Analysis by Type of Partnership
6.2.3. Analysis by Year and Type of Partnership
6.2.4. Analysis by Type of Partner
6.2.5. Analysis by Year of Partnership and Type of Partner
6.2.6. Analysis by Type of Partnership and Type of Partner
6.2.7. Analysis by Type of Partner and Parent Company Size
- ACADEMIC GRANTS ANALYSIS
7.1. Methodology and Key Parameters
7.2. Automotive Glass: Academic Grants Analysis
7.2.1. Analysis by Year of Grant Award
7.2.2. Analysis by Amount Awarded
7.2.3. Analysis by Funding Institute Center
7.2.4. Analysis by Support Period
7.2.5. Analysis by Funding Institute Center and Support Period
7.2.6. Analysis by Type of Grant Application
7.2.7. Analysis by Purpose of Grant
- PUBLICATION ANALYSIS
8.1. Analysis Methodology and Key Parameters
8.2. Automotive Glass: Publication Analysis
8.2.1. Analysis by Year of Publication
8.2.2. Analysis by Type of Publication
8.2.3. Analysis by Type of Conjugate
8.2.4. Analysis by Target Indication
8.2.5. Analysis by Copyright Holder
8.2.6. Word Cloud: Emerging Focus Area
8.2.7. Most Active Publishers: Analysis by Number of Publications
- SUCCESS PROTOCOL ANALYSIS
9.1. Methodology and Key Parameters
9.2. Key Assumptions and Scoring Criteria
9.3. Success Protocol Analysis
9.4. Assessment of Approved Automotive Glass
- Appendix 1: Tabulated Data
- Appendix 2: List of Companies
- Dura Automotive Systems
- Saint-Gobain S.A.
- Asahi Glass Co. Ltd.
- Fuyao Glass Industry Group Co. Ltd.
- Nippon Sheet Glass Co. Ltd.
- Xinyi Glass Holding Ltd.
- Central Glass Co. Ltd.
- Glas Trosch Holding AG
- Gentex Corporation
- Magna International Inc.
- Vitro S.A.B de C.V.
- Guardian Industries Corporation
