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<br>Automotive Glass Market by Type (Laminated, Tempered), Application (Windshield, Sidelite, Backlite, Rear Quarter Glass, Side & Rear-View Mirrors), Material (IR-PVB, Metal Coated, Tinted), ICE & EV, Aftermarket, and Region
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MarketsandMarkets Presents • Automotive Glass Market by Type, Application, Region https://www.marketsandmarkets.com/Market-Reports/automotive-glass-market-229009655.html
The Automotive Glass Marketis 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 from USD 16.21 Billion in 2017. The automotive glass market is driven by increasing vehicle production (especially in SUV segment), upcoming smart glass & device embedded glass technologies, and increasing glass applications to improve the aesthetics of the car. Get The PDF Brochure For This Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=229009655 Browse 149 market data Tables and 67 Figures spread through 205 Pages and in-depth TOC on "Automotive Glass Market” https://www.marketsandmarkets.com/Market-Reports/automotive-glass-market-229009655.html
Laminated glass is the fastest growing segment globally. Laminated glass has major application in the vehicle windshield. Laminated side glazing in automobiles is one of the most desired automotive technologies. Some European OEMs such as BMW and Mercedes have standardized side glazing in some of their top selling models. It provides enhanced safety to passengers in case the vehicle rolls over in an accident. The major players in the automotive glass market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), SamvardhanaMotherson(India), Webasto(Germany), Xinyi Glass (China), Nippon Sheet Glass (Japan), Gentex Corporation(US), Corning (US), and Magna International (Canada). Request Sample of the report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=229009655 Passenger Car is the largest and the fastest growing automotive glass aftermarket. Various factors such as stringent and regionally varying regulations, accident rates, technological advancements such as smart glass and demand for privacy glass will influence the demand of automotive glass aftermarket. The regional and local players also play an important role in the automotive glass aftermarket. https://www.marketsandmarkets.com/Market-Reports/automotive-glass-market-229009655.html
Asia Oceania is estimated to be largest automotive glass market and is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the improving socio-economic conditions in emerging countries such as China and India. China, Japan, and India are among the top five passenger vehicle manufacturers in the world. Sunroof is the largest and fastest growing smart glass application in the automotive smart glass market. It provides more control to the user to manage natural light in the vehicle. Smart glass technology in sunroof is being used by Daimler and Mercedes-Benz models such as SL, SLK series. Technological advancements, presence of interested industry players, and high demand of energy efficient products also play an important role in the growth of the market for sunroof made of smart glass. Rearview mirror is the largest segment of the device embedded automotive glass market. Rearview mirror is among the first applications of device embedded glass in passenger cars. It not only provides important information to the driver when parking the vehicle but also warns about any obstacle approaching the vehicle from behind. Technological advancements by Gentex (US) and SamvardhanaMotherson (India) have ensured that device embedded rearview mirrors are available at economical price point. Don’t miss out on business opportunities in Automotive Glass Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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