The Automotive Glass Replacement Global Market Report 2023, provides comprehensive information on the automotive glass replacement market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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Growth:
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The global
automotive glass replacement market size is expected to grow from $31.79
billion in 2022 to $35.19 billion in 2023 at a compound annual growth rate
(CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global
economic recovery from the COVID-19 pandemic, at least in the short term. The
war between these two countries has led to economic sanctions on multiple
countries, a surge in commodity prices, and supply chain disruptions, causing
inflation across goods and services and affecting many markets across the
globe. The global automotive glass replacement market size is expected to reach
$50.33 billion in 2027 at a CAGR of 9.4%.
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Tables):
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Technological
advancements are a key trend gaining popularity in the automotive glass
replacement market. Major companies operating in automotive glass replacement
are focused on developing innovative solutions to strengthen their position in
the market. For instance, in July 2021, Jeep Performance Parts (Mopar), a
Netherlands-based automotive manufacturer, introduced a new, industry-leading
Gorilla Glass replacement Windshield for the latest Jeep Wrangler and Gladiator
models. This windscreen is made with Corning Gorilla Glass, which uses the same
chemical-strengthening technology as cell phone screens. This is an ultra-thin
piece of gorilla glass with a fifty-two percent thicker outer ply, making this
windscreen lightweight and durable. Additionally, it offers superior resistance
to chips, cracks, and fractures from stones.
The automotive
glass replacement market is segmented:
1) By Product:
Tempered, Laminated
2) By Vehicle
Type: Passenger Car, Heavy Commercial
3) By
Application: Windscreen, Backlite, Sidelite, Sunroof, Other Applications
4) By End Use:
Original Equipment Manufacturer (OEM), Aftermarket Replacement (ARG)
Asia-Pacific was
the largest region in the automotive glass replacement market in 2022.
The table of contents in TBRC’s automotive glass replacement market
report includes:
1. Executive Summary
2. Automotive Glass Replacement Market Characteristics
3. Automotive Glass Replacement Market Trends And Strategies
4. Automotive Glass Replacement Market - Macro Economic Scenario
5. Automotive Glass Replacement Market Size And Growth
.
27. Automotive
Glass Replacement Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Glass Replacement
Market
29. Automotive Glass Replacement Market Future Outlook and Potential
Analysis
30. Appendix
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businesses can gain a thorough understanding of the market’s size, growth rate,
major drivers and leading players.
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