Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Automotive Glass Market by 2025 with Comprehensive Analysis and Insights




    (Transportation-News.com, November 22, 2019 ) The Automotive Glass Market is projected to grow at a CAGR of 4.80% during the forecast period, to reach a market size of USD 23.59 billion by 2025.

    The market is driven by increasing vehicle production & sales, demand for advanced glass technologies such as smart glass device & embedded glass, and government regulations for vehicle safety.

    Demand-Side Analysis:

    Increasing Vehicle Parc and Sales Driving the Demand for Automotive Glass Aftermarket
    Increasing Production of SUVs and Luxury Passenger Cars Driving the Automotive Glass Oe Market
    Growing Demand for Advanced Materials for Automotive Glass Manufacturing

    The key players in the automotive glass market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Samvardhana Motherson (India), Webasto (Germany), Xinyi Glass (China), Nippon Sheet Glass (Japan), Gentex Corporation(US), Corning (US), and Magna International (Canada).

    Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=229009655

    Laminated glass type is estimated to be the fastest-growing segment globally

    Laminated glass is projected to be the fastest-growing market during the forecast period. Laminated glass in the windshield has a PVB layer sandwiched between the glass. It protects passengers from broken glass fragments and provides increased safety compared with tempered glass. The increasing use of laminated glass in sidelites (in addition to the windshield) is expected to drive the growth of the laminated glass market. While European vehicle manufacturers have started using side glazing, automotive manufacturers in the US and Japan are also following suit. Laminated side glazing improves safety and NVH (Noise, Vibration & Harshness) of the vehicle.

    Asia Oceania: Largest Automotive Glass Market

    Asia Oceania is estimated to be the largest automotive glass market and is projected to grow at the fastest CAGR during the forecast period. This growth can be attributed to improving socio-economic conditions in emerging economies such as China and India. The growth in population in these countries has resulted in increased vehicle production and vehicle parc. This has resulted in increased demand for automotive glass. The consumer preference for SUV in India and China is also driving the automotive glass market as the volume of glass required in SUV is significantly more than that in sedans and other passenger cars.

    Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=229009655

    Suspended Particle Device (SPD) is expected to be the largest segment of the automotive glass market by 2025

    The rising demand for premium passenger cars and hybrid & plug-in hybrid vehicles has increased the demand for smart glass in the automotive industry. Among the smart glass technologies, SPD technology is projected to capture the largest market. SPD regulates the amount of heat and light entering a vehicle, provides 99% protection from harmful UV radiations, controls the cabin temperature and reduces the air conditioning units consumption, and enhances safety. SPD technology is widely used in sunroofs in passenger cars. Leading OEMs such as Mercedes and BMW have introduced innovations such as Magic Sky Control and panoramic roofs in high-end luxury models.

    MarketsandMarkets

    Mr. Shelly Singh

    1-888-600-6441

    newsletter@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC