Automotive Windshield Market Overview:
Automotive
car windshield is a crucial component of vehicles. Hence, the presence of major
vehicle manufacturers across different regions can impel the expansion of the
market through the study period. The booming automotive industry can support
the expansion of the automotive
windshield market in the study period. As per MRFR analysis, the Automotive
Windshield Market is expected to thrive at 7.45% CAGR during the analysis
period. The increase in the adoption of effective technologies can impel the
expansion of the market through the analysis period.
The
global automotive windshield market 2023. The increase in need for automotive car
windshields by people can cause the expansion of the market in the years at a
high pace. Detailed assessment of the impact of COVID 19 on Automotive
Windshield Market is explained in the report. The Automotive Windshield Market
can generate high revenue across the analysis period.
The
focus on increasing efficiency and the presence of disruptive technological
advancement can add to the momentum of the Automotive Windshield Market through
the analysis period. The increase in the number of producers and consumers of automotive
car windshield can bolster the expansion of the market. The availability of features
such as comfort, safety, and convenience across industries can promote the
expansion of the Automotive Windshield Market.
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Windshield Market
Increase
in research and development to introduce economical innovations can spur the
expansion of the Automotive Windshield Market through the analysis period.
Increase in demand for passenger vehicles, rise in urban population, and surge
in environment concerns are other factors that can impel the rise of the Automotive
Windshield Market. The automotive car windshield global market value can exceed
USD 14,270 million by 2023.
Automotive Windshield
Market Key Players
Xinyi
Glass (China), Asahi Glass (Japan), Saint-Gobain (France), Vitro (Mexico),
Fuyao Glass Industry (China), Guardian Industries (U.S.), Nippon Sheet Glass
(Japan), Magna International (Canada), Shenzhen Benson Automobile (China), Dura
Automotive (U.S.), Sisecam Group (Turkey), and PPG Industries (U.S.) among
others are some reputed names in the Automotive Windshield Market as listed by
MRFR.
Segment Study
The
segment assessment of the Automotive Windshield Market is done by glass type,
end market, and vehicle type.
The
glass type based segments of the Automotive Windshield Market are laminated and
tempered. The tempered glass type segment is expected to rise at the highest
pace across the review period. The increase in the demand for tempered glass
due to its superior properties can promote the expansion of the regional market.
The high degree of safety of tempered glass can support the expansion of the
market in the years to come.
The
vehicle type based segments of the Automotive Windshield Market are light
commercial vehicles, passenger cars, and heavy commercial vehicles. The passenger
car segment can thrive in the years to come, following light commercial
vehicles segment.
The end market based segments of the Automotive
Windshield Market aftermarket and OEMs. The OEM segment can stir up substantial
revenue in the years ahead.
Regional Study
The
car windshield global market trends are
studied across EU, North America, APAC, and the Rest of the world. The increase
in the installation of automotive car windshield in luxurious vehicle can
support the expansion of the Automotive Windshield Market in North America,
across the analysis period. The exponential rise of the Automotive Windshield
Market in Europe can be attribute to the booming OEM sector in the region. APAC
Automotive Windshield Market rise can be due to increase in high number of
automakers in the region.
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