The automotive glazing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automotive Glazing Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The automotive glazing market size has grown strongly in recent years. It will
grow from $20.08 billion in 2023 to $21.46 billion in 2024 at a compound annual
growth rate (CAGR) of 6.9%. The growth
in the historic period can be attributed to emphasis on reducing vehicle weight
to improve fuel efficiency, increasing consumer demand for vehicles, the rising
importance of acoustic comfort in vehicles, increased awareness of the harmful
effects of UV radiation, and growing environmental consciousness.
The automotive glazing market size is expected to see strong growth in the next
few years. It will grow to $28.14 billion in 2028 at a compound annual growth
rate (CAGR) of 7.0%. The growth in the
forecast period can be attributed to rapid urbanization, expansion of the
automotive aftermarket, rising demand for luxury and premium vehicles,
globalization of automotive production, and growth of electric and hybrid
vehicles. Major trends in the forecast period include the implementation of
stringent safety standards and regulations, the development of advanced glazing
technologies, advancements in smart glass technologies, infrastructure
development, and advancements in manufacturing techniques.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/automotive-glazing-global-market-report
Scope Of Automotive Glazing Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Automotive Glazing Market Overview
Market Drivers -
The increasing vehicle production is expected to propel the growth of the
automotive glazing market going forward. Vehicle production is rising due to
increasing investment in vehicle technology driven by environmental regulations
and consumer demand for sustainable transportation options. Automotive glazing
improves vehicle safety, comfort, and aesthetics by using advanced glass
technologies. It enhances visibility, reduces noise, and provides UV
protection. For instance, in May 2023, according to the European Automobile
Manufacturers Association (ACEA), a Belgium-based lobbying and standards group
of the automobile industry in the European Union, in 2022, 85.4 million motor
vehicles were manufactured globally, marking a 5.7% increase from 2021.
Therefore, the increasing vehicle production is driving the growth of the
automotive glazing market.
Market Trends -
Major companies operating in the automotive glazing market are focusing on
developing advanced products, such as integrated solar power generation
capabilities, to gain a competitive edge in the market. Automotive glass with
integrated solar power generation capability incorporates photovoltaic cells
within the glass to convert sunlight into electricity. This innovation allows
vehicles to harness solar energy, potentially powering various systems or
extending the range of electric vehicles. For instance, in March 2024, AGC
Automotive Europe S.A., a Belgium-based automotive glass manufacturing company,
introduced a photovoltaic panoramic sunroof for passenger vehicles, including
sedans, SUVs, and minivans. This sunroof, constructed with glass-glass
technology, can generate between 170 W and 380 W of power, depending on the
surface area available for solar cells. It incorporates high-efficiency solar
cells with an efficiency greater than 25%, such as n-type monocrystalline
silicon tunnel oxide passivated (TOPCon), heterojunction (HJT), or n-type back
contact (xBC) solar cells.
The automotive glazing market covered in this report is segmented –
1) By Type: Single Glazing, Double Glazing, Triple Low-E glazing
2) By Material: Laminated, Tempered, Polycarbonate (PB)
3) By Technology: Sun Control Glazing, Hydrophobic Glazing, Switchable Glazing,
Conventional
4) By Application: Windscreen, Sidelight, Bakelite
5) By Sales Channel: Original Equipment Manufacturers (OEM), Aftermarket
Get an inside scoop of the automotive glazing market, Request now for Sample
Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16605&type=smp
Regional Insights -
Asia-Pacific was the largest region in the automotive glazing market in 2023.
The regions covered in the automotive glazing market report are Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, Middle East,
Africa.
Key Companies -
Major companies operating in the automotive glazing market are Compagnie de Saint-Gobain S.A., Saudi Basic
Industries Corporation, Magna International Inc., Evonik Industries AG, Bayer
MaterialScience, PPG Industries Inc., Asahi Glass Corporation, Corning
Incorporated, Teijin Limited, Sisecam Automotive Bulgaria EAD, Trinseo PLC,
Nippon Sheet Glass Co. Ltd, Fuyao Glass Industry Group Co. Ltd, Guardian
Industries, Webasto Thermo & Comfort, Xinyi Glass Holdings Limited, Gentex
Corporation, Pilkington Brothers Limited, Vitro SAB de CV, Glaston Corporation,
Chi Mei Corporation, Dongguan Benson Automobile Glass Co, KRD
Sicherheitstechnik GmbH
Table of Contents
1. Executive Summary
2. Automotive Glazing Market Report Structure
3. Automotive Glazing Market Trends And Strategies
4. Automotive Glazing Market – Macro Economic Scenario
5. Automotive Glazing Market Size And Growth
…..
27. Automotive Glazing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model:
https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment