According to Stratistics MRC, the Global Automotive Windshield market is expected to grow from $ 2.09 billion in 2016 to reach $ 3.38 billion by 2023 with a CAGR of 7.1%. Increasing sales of passenger cars and possibility of getting car loans at low-interest rates are some of the factors fuelling the market growth. On the other hand, increasing adoption of solar reflective windshields is considered to be one of the major opportunity during the forecast period.
Based on the vehicle type, a passenger car segment leads the market globally due to the emerging disposable income, rising middle-class population which is contributing to the increasing sales of passenger cars. However, in sales channel segment aftermarket is dominating the automotive windshield market which is specially designed with bullet resistance to ensure security and safety to vehicle occupants. Asia Pacific is expected to witness huge growth due to improvement in infrastructural development and rising demand for commercial vehicles in construction companies.
Some of the key players in Global Automotive Windshield Market include Nippon Sheet Glass Co. Ltd, Saint-Gobain SA, Fuyao Glass Industry Group Co., Ltd, Asahi Glass Co., Ltd, Guardian Industries, Ecam Group, Xinyi Glass Group, Safelite Auto Glass, Pilkington and Vitro.
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Vehicle Types Covered:
• Light Commercial Vehicle
• Passenger Cars
• Heavy Commercial Vehicle
Material Types Covered:
• Thermoset Material
• Thermoplastic material
Sales Channels Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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