Market Size in 2022 | Market Forecast in 2030 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 22.49 Billion | USD 34.59 Billion | CAGR at 5.55% | 2022 |
The global automotive windshield market size was worth around USD 22.49 Billion in 2022 and is predicted to grow to around USD 34.59 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.55% between 2023 and 2030.
The report analyzes the global automotive windshield market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the automotive windshield industry.
The car windshield facilitates proficiency, protection from sun, dust, radiations, & undesirable particles, and clear perceiving capability. These are utilized in protecting the drivers & travelers and restrict the remote particles from entering the lodge of the vehicles. They also affix vehicle structure by using the polyurethane adhesive and support the vehicle structure. Car windshields are developed by using security glass that aids in limiting the danger of destructive wounds. Covered and laminated glasses are significantly used in assembling windshields of automobiles. It provides vigorous strength to the vehicle and keeps the roof safe from crushing on occupants, permits the airbag to deploy easily in the correct position, and protects the passengers from collisions.
The global automotive windshield market is expected to witness huge growth with a high CAGR during the forecast period. One of the major factors that are driving the global market is the increase in production and sales of automobiles and vehicle parts. There is a significant surge in the demand for windshields in the aftermarket globally. The automotive windshield aftermarket is based on the improper maintenance, damage of the windshield due to accidents, and many others. With emerging technologies, there are various special-purpose windshields in the market like bullet resistance windshields to facilitate additional safety. Moreover, the proliferation of the automotive sector across the globe is fueling the growth of the global automotive windshield market. The latest innovative technologies like driver assistance functions, smart displays, and many others are contributing significantly to the growth of the global market.
The surge in the manufacturing of electric vehicles and the adoption of new technologies in respect of batteries and displays are expected to positively shape the trajectory of the global automotive windshield market during the forecast period.
The growing per capita income of the people is also boosting the growth of the global market.
The global automotive windshield market can be segmented into glass, position, vehicle, electrical vehicle, material, sales channel, and region.
By the glass, the market can be segmented into tempered and laminated glass. The laminated glass shield holds the largest share in the global automotive windshield market owing to the growing usage of the windshield in solar reflective glazing.
By position, the market can be segmented into the rear and front windshield. The front windshield holds hegemony over other due to the high demand for the solar and glazed reflective windshield.
By vehicle, the market can be segmented into heavy, light, and passenger car vehicles. The passenger car vehicle segment dominates the market owing to the increasing per capita income of the people.
By electric vehicle, the market can be segmented into a plug-in hybrid, battery, and hybrid electric vehicle.
By material, the market can be segmented into thermoplastic and thermoset materials. The thermoplastic segment holds the largest share in the global automotive windshield market due to the surging adoption of laminated safety glass to make front windshields.
By the sales channel, the market can be segmented into OEMs and others. The OEM segment dominates the market due to the increasing improvement in the safety features of the vehicle.
Report Attributes | Report Details |
---|---|
Report Name | Automotive Windshield Market Research Report |
Market Size in 2022 | USD 22.49 Billion |
Market Forecast in 2030 | USD 34.59 Billion |
Growth Rate | CAGR of 5.55% |
Number of Pages | 180 |
Key Companies Covered | Pilkington, Schott Corp, Magna International, Guardian Industries, Gentex Corp, Shenzhen Benson Automobile, Sisecam Group, Central Glass, Central Glass, Saint-Gobain, Dura Automotive, Nippon Sheet Glass, Vitro, Xinyi Glass, Fuyao Glass Industry, and Asahi Glass. |
Segments Covered | By glass, By position, By vehicle, By electrical vehicle, By material, By sales channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific accounts for the largest share in the global automotive windshield market especially in developing nations like India and China owing to the growing production of vehicles in the region. The growing investments in developing road infrastructure further project the regional market to grow significantly.
North America is also expected to witness huge growth owing to the high disposable income of people and growing technological advancements in the region.
Some of the significant players in the global automotive windshield market are:
The Global Automotive Windshield Market is segmented as follows:
By glass
By position
By vehicle
By electrical vehicle
By material
By sales channel
FrequentlyAsked Questions
The global automotive windshield market is expected to witness huge growth with a high CAGR during the forecast period. One of the major factors that are driving the global automotive windshield market is the increase in production and sales of automobiles and vehicle parts. There is a significant surge in the demands for windshields in the aftermarket globally.
Some of the significant players in the global automotive windshield market are Pilkington, Schott Corp, Magna International, Guardian Industries, Gentex Corp, Shenzhen Benson Automobile, Sisecam Group, Central Glass, Central Glass, Saint-Gobain, Dura Automotive, Nippon Sheet Glass, Vitro, Xinyi Glass, Fuyao Glass Industry, and Asahi Glass.
Asia Pacific accounts for the largest share in the global automotive windshield market especially in developing nations like India and China owing to the growing production of vehicles in the region. The growing investments in developing road infrastructure further projected the regional market to grow significantly.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed