According to a new market report by Lucintel, the future of the global automotive windshield market looks promising with opportunities in the passenger car, light commercial vehicle and heavy commercial vehicle markets. The global automotive windshield market is expected to grow with a CAGR of 6% to 8% from 2023 to 2028. The major drivers for this market are rising sales and production of the vehicle, higher demand in aftermarket, and increasing use of windshield for advanced display technologies.
Tempered glass and laminated glass are the major market segments of the automotive windshield market by glass type. On the basis of its comprehensive research, Lucintel forecasts that tempered glass will remain the largest segment over the forecast period as it owes superior properties than other substitutes and also it can breaks down into small and circular pieces instead of sharp shards, which could be harmful to the user.
Within this market, passenger cars are expected to remain the largest segment due to the increasing demand for luxury and premium cars and introduction of various new vehicle models in the market.
APAC will remain the largest region due to growing vehicle production, increasing penetration of solar reflective glasses, and rise in the demand of windshield for display purpose.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of wiper-less & heated windshields, adoption of different new technologies in terms of display and battery, and increased use of solar reflective windshields. Asahi Glass, Saint-Gobain, Nippon Sheet Glass, Fuyao Glass Industry Group, ECAM, Guardian Industries, Xinyi Glass, PPG Industries, OGIS, and Safelite Auto Glass are the major suppliers in the global automotive windshield market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive windshield market by glass type, windshield position, material type, vehicle type, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Automotive Windshield Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive windshield market by glass type, windshield position, material type, vehicle type, and region, as follows:
Automotive Windshield Market by Glass Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Tempered Glass
· Laminated Glass
Automotive Windshield Market by Windshield Position [Value ($B) Shipment Analysis from 2017 to 2028]:
· Front Windshield
· Rear Windshield
Automotive Windshield Market by Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Thermoset Material
· Thermoplastic Material
Automotive Windshield Market by Vehicle Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Passenger Cars
· Light Commercial Vehicles
· Heavy Commercial Vehicles
Automotive Windshield Market by Region Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Automotive Windshield Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-windshield-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive windshield market by glass type (tempered glass and laminated glass), windshield position (front windshield and rear windshield), material type (thermoset material and thermoplastic material), vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?