New York, According to a new market research report published by Global Insight Services “Automotive Glass Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Automotive glass is a type of glass that is specifically designed for use in vehicles. It is made to withstand the rigors of the road and the elements, and is typically thicker and more durable than regular glass. Automotive glass is used for the windshield, windows, and other parts of the car, and can be either clear or tinted.
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Key Trends
One of the key trends in automotive glass technology is the development of laminated glass. Laminated glass is made by bonding two or more layers of glass together with a layer of plastic in between. This type of glass is more resistant to breakage and is often used in the windshields of vehicles.
Another trend is the development of tinted glass. Tinted glass is made by adding a dye to the glass during the manufacturing process. This glass is used to reduce the amount of sunlight that enters the vehicle, and can also help to reduce the amount of heat that builds up inside the vehicle.
Finally, there is a trend towards the use of glass that has been treated with a special coating. This coating can help to reduce the amount of glare from the sun, and can also help to keep the glass cleaner for longer periods of time.
Key Drivers
There are various key drivers of the automotive glass market.
Firstly, the global automotive glass market is primarily driven by the increasing demand for passenger cars and commercial vehicles.
Secondly, the rising concerns over road safety and security are also boosting the demand for automotive glass.
Thirdly, the advancements in glass technology and the introduction of new glass products are also fueling the growth of the automotive glass market.
Fourthly, the stringent government regulations regarding vehicle safety are also propelling the demand for automotive glass.
Market Segments
The Automotive Glass Market is segmented on the basis of application, vehicle type, sales channel and region. Depending on application, the market is classified into front windshield, rear windshield, sidelites, and sunroof. By vehicle type, it is classified into passenger cars and commercial vehicles. Depending on sales channel , the market is classified into OEM and aftermarket. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Automotive Glass Market report includes players such as SAINT-GOBAIN, Asahi India Glass Limited, Fuyao Glass America, Motherson Group, Webasto Group, GENTEX CORPORATION, Magna International Inc., Xinyi Glass, Corning and Hitachi Chemical Co.
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Reasons to buy Automotive Glass Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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