Automotive Windshield Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Automotive Windshield Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Automotive Windshield Market

The size of the automobile windshield marketplace changed to anticipate USD 27.82 billion in 2022. From there, it is predicted to increase at a compound annual growth rate (CAGR) of 7.9% from USD 29.74 billion in 2023 to USD 50.63 billion via 2030.

Due to the concern over containing the Corona virus, the COVID-19 pandemic produced good-sized potential for the expansion of the car windshield industry. This company has been adversely stricken by the COVID-19 epidemic. Global transportation-related operations had been suspended because of notably reduced automobile manufacturing, unavailability, and steeply-priced raw material costs, which suppressed windshield profits.

The automotive windshield market share globally has been contributed due to the surging global automotive production. Surging international vehicle production is majorly driving the market boom. For instance, in keeping with the automobile manufacturing statistics posted through OICA, in 2022, the total automobile production, along with passenger automobiles and commercial cars, ramped to eighty-five million units from eighty million devices in 2021.

Furthermore, there’s been a notable trend of demand for heated windshield technology. The ongoing trend toward adopting electronically heated windshields among giant automakers is probable to reinforce market growth in the future. In regions with cold weather, clients face frozen windscreen troubles.

Comprehensive Analysis of Automotive Windshield Market

The automotive windshield market and automotives industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the automotives industry. These segmentations are methodically segregated by types of vehicle and glass. The vehicle types include, passenger cars, light commercial vehicles, and heavy commercial vehicles. However, the glass types are such as laminated and tempered.

The Asia Pacific region is conducive to the global automotive windshield market owing to increases automotive prodution. Increasing car manufacturing in essential countries, along with India, China, and others, is using marketplace boom inside the area. For example, according to the OICA, in 2022, China registered the best automobile manufacturing in the world compared to any other country globally.

The top players in the market play a crucial role in the automotives industry assuring industrial prospectus growth and setting market standards. These players include, AGC Inc. (Japan), SAINT-GOBAIN (France), Nippon Sheet Glass Co., Ltd (Japan), Şişecam (Turkey), Central Glass Co., Ltd. (Japan), Guardian Glass (U.S.), Fuyao Group (China), Vitro (Mexico), Xinyi Glass Holdings Limited (China), GENTEX CORPORATION (U.S.), Dura Automotive (U.S.), these market players provide a level-playing competitive landscape.

In January 2023, General Motors submitted a patent application for an Augmented Reality (AR) windshield with vehicle-dimming functionality. This revolutionary windshield aims to improve the general driving experience with the aid of mechanically adjusting its brightness.

Segmentation Table

Attribute Details

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 7.9% from 2023 to 2030

Unit Value (USD Billion) Volume (Thousand Units)

SegmentationBy Vehicle Type

Passenger Cars

Light Commercial Vehicles

Heavy Commercial Vehicles

By Position

Front

Rear

By Glass Type

Laminated

Tempered

By Geography

North America (By Vehicle Type, By Position, and By Glass Type)

- U.S. (By Vehicle Type)

- Canada (By Vehicle Type)

- Mexico (By Vehicle Type)

Europe (By Vehicle Type, By Position, and By Glass Type)

- Germany (By Vehicle Type)

- France (By Vehicle Type)

- U.K. (By Vehicle Type)

- Rest of Europe (By Vehicle Type)

Asia Pacific (By Vehicle Type, By Position, and By Glass Type)

- China (By Vehicle Type)

- Japan (By Vehicle Type)

- India (By Vehicle Type)

- South Korea (By Vehicle Type)

- Rest of Asia Pacific (By Vehicle Type)

Rest of the World (By Vehicle Type, By Position, and By Glass Type)


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