by The global automotive glass market size was valued at USD 31 billion in 2023 and is projected to hit around USD 50.25 billion by 2033, rising at a CAGR of 5% from 2024 to 2033.
Key Takeaways
- Asia-Pacific contributed 55% of market share in 2023.
- North America is estimated to expand the fastest CAGR between 2024 and 2033.
- By product, the tempered glass segment held the largest market share of 60% in 2023.
- By product, the laminated glass segment is anticipated to grow at a remarkable CAGR of 7.3% between 2024 and 2033.
- By vehicle type, the passenger cars segment generated over 59% of the market share in 2023.
- By vehicle type, the light commercial vehicles segment is expected to expand at the fastest CAGR over the projected period.
- By end-use, the original equipment manufacturer (OEM) segment generated over 92% of the market share in 2023.
- By end-use, the aftermarket segment is expected to expand at the fastest CAGR over the projected period.
Introduction
The automotive glass market plays a crucial role in the automotive industry, serving both functional and aesthetic purposes. Automotive glass includes windshields, side windows, rear windows, and sunroofs, which are essential components for vehicle safety, visibility, and design. The market encompasses a wide range of vehicles, from passenger cars to commercial vehicles, and is influenced by various factors such as technological advancements, consumer preferences, and regulatory standards.
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Growth Factors
Several factors are driving the growth of the automotive glass market. Firstly, the increasing production and sales of automobiles worldwide, fueled by rising urbanization, improving living standards, and growing disposable incomes, are driving the demand for automotive glass. Additionally, the growing emphasis on vehicle safety and regulations mandating the use of advanced safety features, including laminated glass for windshields, is boosting market growth. Moreover, the rising popularity of electric vehicles (EVs) and autonomous vehicles (AVs) is creating new opportunities for automotive glass manufacturers, as these vehicles often require specialized glass solutions for enhanced performance and functionality.
Automotive Glass Market Scope
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 5% |
| Global Market Size in 2023 | USD 31 Billion |
| Global Market Size by 2033 | USD 50.25 Billion |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Product, By Vehicle Type, and By End-use |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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Automotive Glass Market Dynamics
Drivers:
One of the key drivers of the automotive glass market is the continual innovation in glass technologies to improve safety, comfort, and aesthetics in vehicles. Advanced glass technologies such as acoustic glass for noise insulation, self-healing glass for scratch resistance, and smart glass for enhanced visibility and energy efficiency are gaining traction in the market. Furthermore, the increasing focus on lightweighting to improve fuel efficiency and reduce emissions is driving the adoption of lightweight glass materials such as thin and ultra-thin glass in vehicle manufacturing. Moreover, the expanding aftermarket for automotive glass replacement and repair services is contributing to market growth, driven by the growing vehicle parc and the need for regular maintenance and repair.
Restraints:
Despite the promising growth prospects, the automotive glass market faces certain restraints. One of the primary challenges is the high cost associated with advanced glass technologies, which may limit their adoption, particularly in cost-sensitive markets. Additionally, the automotive glass industry is subject to stringent regulatory standards and quality requirements, which can increase compliance costs for manufacturers. Moreover, fluctuations in raw material prices, particularly for specialty glass materials such as polycarbonate and coated glass, pose a challenge to market players in terms of cost management and pricing strategies.
Opportunities:
The automotive glass market presents several opportunities for growth and innovation. With the increasing focus on sustainability and environmental conservation, there is growing interest in eco-friendly glass materials and manufacturing processes. Manufacturers are exploring renewable and recycled materials for automotive glass production to reduce environmental impact and enhance sustainability credentials. Furthermore, the integration of advanced technologies such as heads-up displays (HUDs), augmented reality (AR) interfaces, and integrated sensors into automotive glass presents new opportunities for product differentiation and value addition. Additionally, the rapid expansion of the electric and autonomous vehicle segments offers significant growth opportunities for specialized glass solutions tailored to the unique requirements of these vehicles, including lightweighting, thermal insulation, and enhanced connectivity features.
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Automotive Glass Market Companies
- Asahi Glass Co., Ltd.
- Saint-Gobain S.A.
- Fuyao Glass Industry Group Co., Ltd.
- Nippon Sheet Glass Co., Ltd. (NSG Group)
- Guardian Industries
- AGC Inc.
- Vitro S.A.B. de C.V.
- Xinyi Glass Holdings Limited
- Central Glass Co., Ltd.
- Shenzhen Benson Automobile Glass Co., Ltd.
- Pittsburgh Glass Works (PGW)
- Webasto SE
- Corning Incorporated
- SYP Kangqiao Autoglass Co., Ltd.
- Pilkington Group Limited
Segments Covered in the Report
By Product
- Tempered Glass
- Laminated Glass
- Others
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By End-use
- Original Equipment Manufacturer (OEM)
- Aftermarket
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Glass Market
5.1. COVID-19 Landscape: Automotive Glass Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Glass Market, By Product
8.1. Automotive Glass Market Revenue and Volume, by Product, 2024-2033
8.1.1 Tempered Glass
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Laminated Glass
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Others
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Automotive Glass Market, By Vehicle Type
9.1. Automotive Glass Market Revenue and Volume, by Vehicle Type, 2024-2033
9.1.1. Passenger Cars
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Light Commercial Vehicles
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Heavy Commercial Vehicles
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Automotive Glass Market, By End-use
10.1. Automotive Glass Market Revenue and Volume, by End-use, 2024-2033
10.1.1. Original Equipment Manufacturer (OEM)
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Aftermarket
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Automotive Glass Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.1.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.1.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.1.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.1.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.2.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.2.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.3.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.3.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.4.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.4.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.5.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)
11.5.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2033)
11.5.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)
Chapter 12. Company Profiles
12.1. Asahi Glass Co., Ltd.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Saint-Gobain S.A.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Fuyao Glass Industry Group Co., Ltd.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Nippon Sheet Glass Co., Ltd. (NSG Group)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Guardian Industries
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. AGC Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Vitro S.A.B. de C.V.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Xinyi Glass Holdings Limited
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Central Glass Co., Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Shenzhen Benson Automobile Glass Co., Ltd.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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