Research Reports
Aftermarket Sensored Automotive Windshield Is Expected to Remain Dominant with a CAGR of 5.2% : Report Fact.MR
The Fact.MR survey conducted on the Automotive Windshield Market offers insights into key drivers and restraints affecting the market growth. The report highlights compelling insights…
Published : 3 years ago, on
The Fact.MR survey conducted on the Automotive Windshield Market offers insights into key drivers and restraints affecting the market growth. The report highlights compelling insights into Automotive Windshield demand outlook in terms of Vehicle , Material, and Sales Channel
The global sales of automotive windshield is expected to witness a steady rise at 5.2% CAGR during the forecast period 2017 to 2022, according to a recent study by Fact.MR. The report anticipates revenues from the global sales of automotive windshield to account for nearly US$ 14,000 Mn in 2017. By 2022, revenues from the market will reach US$ 17,681.2 Mn.
The production and sales of vehicles, coupled with the vehicle parc have been witnessing an upsurge over the past few years. Growth of the automotive windshield market is directly proportional to the number of vehicles across the globe, as each automotive vehicle needs to be equipped with windshields. Manufacturers have introduced special-purpose windshields, for example- bullet-proof windshields, providing additional safety as well as security to passengers. Leading players in the market are focusing on increasing their product portfolio by new product launches, in a bid to cater rising demand for automotive windshield. Decreasing interest rates pertaining to car loans have enabled the adoption of more expensive and larger vehicles by consumers. This in turn is expected to drive demand for automotive windshields.
This Press Release will help you to understand the market Statistics of the ASIA PACIFIC Region.
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With a number of advancements in technology, OEMs are working on the development of automotive windshield with virtual enhancements and reduced distractions. The cross-technology concept offers huge benefits in production of passenger cars. OEMs such as Toyota are focusing on increasing the production of passenger cars. In addition, the passenger cars have witnessed robust adoption of electronic systems in the recent past, boosting demand for heated windshields, connectors, high-speed wiring, and HUD windshields. The prices of raw materials required for production of automotive windshields, such as calcium oxide, silica, and sodium oxide, have been stable over the past few years, resulting into the stability of automotive windshield prices. These factors are expected to augment growth of the market during the forecast period.
Market Segmentation
Global Automotive Windshield Market Size and Forecast By Vehicle Type
- PC Automotive Windshield
- LCV Automotive Windshield
- HCV Automotive Windshield
Global Automotive Windshield Market Size and Forecast By Material Type
- Glass Automotive Windshield
- Polycarbonate Automotive Windshield
Global Automotive Windshield Market Size and Forecast By Sales Channel
- OEM Automotive Windshield
- Aftermarket Automotive Windshield
Global Automotive Windshield Market Analysis and Forecast By Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
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7 Key Projections for the Global Automotive Windshield Market
- Asia Pacific excluding Japan (APEJ) will continue to be dominant in the global automotive windshield market, with sales witnessing a steady expansion through 2022.
- Demand for automotive windshield in Middle East & Africa (MEA) will continue to be sluggish during the forecast period.
- Passenger cars are expected to remain the most lucrative vehicles for sales of automotive windshield in the global market.
- Sales of automotive windshield in LCVs and HCVs are estimated to register a moderate expansion over the forecast period.
- Based on material type, glass will continue to be sought-after for production of automotive windshield. Sales of glass for automotive wind shield will account for the largest revenues by 2022-end.
- On the basis of sales channel, aftermarket is expected to remain dominant in the global automotive windshield market. Sales of automotive windshield in OEM will register a comparatively lower CAGR than OEM through 2022.
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Report Benefits & Key Questions Answered
Automotive Windshield Historical Market Outlook: The study conducted by Fact.MR highlights the growth of the automotive windshield market and also discloses the sales registered over the previous assessment period 2017-2022.
Automotive Windshield Company & Brand Share Analysis: The survey report highlights the competitiveness of the automotive windshield market and provides an executive-level blueprint including the key strategies adopted by the Tier 1, Tier 2, and Tier 3 players operating in the landscape.
Automotive Windshield Consumption by Demographics: The report published by Fact.MR provides consumption by demographics analysis to assist the market players in designing their marketing strategies on the basis of purchasing power of the customers. It investigates changes in consumer behavior and also study its affects in the demand for automotive windshield.
Automotive Windshield Market Trend Analysis: Market trend analysis studies the automotive industries and highlights the upcoming trends in the automotive windshield market. It also analyses the impact of these trends on overall market growth.
Fact.MR’s report profile key players in the global automotive windshield market, which include
Saint-Gobain SA
Vitro
Fuyao Glass Industry Group Co., Ltd.
Xinyi Glass Group
Asahi Glass Co., Ltd.
Safelite Auto Glass
Nippon Sheet Glass Co. Ltd.
Racing Shields
Guardian Industries,
Gerber Collision & Glass Inc.
Additional Questions Answered
The report on the automotive windshield market answers various questions such as:
- What is the market share of polycarbonate automotive windshields?
- How much are the sales of the automotive windshields in passenger cars and LCVs?
- Is aftermarket for automotive windshield lagging behind OEM?
- How is Asia Pacific excluding Japan (APEJ) region likely to prosper in automotive windshield market?
Get More Insights https://www.prnewswire.com/news-releases/light-tower-sales-set-to-recover-in-2021-on-back-of-optimistic-macroeconomic-factors-study-301237347.html
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