1 / 22

Global Automotive Glazing Market Forecast 2026

The global automotive glazing market is anticipated to grow at a CAGR of 8.55% during the forecast period to reach USD24,353.29 million by 2026. https://bit.ly/3M8W63Z

pramod8
Download Presentation

Global Automotive Glazing Market Forecast 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2016 – 2026 GLOBAL AUTOMOTIVE GLAZING MARKET FORECAST AND OPPORTUNITIES Published: November 2021 www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

  2. Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on Global Automotive Glazing Market 4. Executive Summary 5. Voice of Customer 5.1. Factors Influencing Purchase Decision 5.2. Aided and Unaided Brand Recall 5.3. Brand Satisfaction Level 6. Global Automotive Glazing Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value (USD Million) 6.2. Market Share & Forecast 6.2.1. By Product (Tempered Glass, Laminated Glass, Polycarbonate) 6.2.2. By Application (Front Windshield, Sidelite, Rear Windshield, Sunroof) By Vehicle Type (Passenger Cars, Light Passenger Vehicles, Heavy Commercial Vehicles) 6.2.3. 6.2.4. By Region 6.2.5. By Company (2020) 6.3. Market Map (By Product, By Region) 2 2 © TechSci Research Automotive

  3. Table of Contents S. No. Contents 7. Asia-Pacific Automotive Glazing Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value (USD Million) 7.2. Market Share & Forecast 7.2.1. By Product 7.2.2. By Application 7.2.3. By Vehicle Type 7.2.4. By Country 7.3. Asia-Pacific: Country Analysis 7.3.1. China Automotive Glazing Market Outlook 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value (USD Million) 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Product 7.3.1.2.2. By Application 7.3.1.2.3. By Vehicle Type 7.3.2. Japan Automotive Glazing Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Product 7.3.2.2.2. By Application 7.3.2.2.3. By Vehicle Type 3 3 © TechSci Research Automotive

  4. Table of Contents S. No. Contents 7.3.3. India Automotive Glazing Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value (USD Million) 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Product 7.3.3.2.2. By Application 7.3.3.2.3. By Vehicle Type 7.3.4. South Korea Automotive Glazing Market Outlook 7.3.4.1. Market Size & Forecast 7.3.4.1.1. By Value (USD Million) 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Product 7.3.4.2.2. By Application 7.3.4.2.3. By Vehicle Type 7.3.5. Australia Automotive Glazing Market Outlook 7.3.5.1. Market Size & Forecast 7.3.5.1.1. By Value (USD Million) 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Product 7.3.5.2.2. By Application 7.3.5.2.3. By Vehicle Type 4 4 © TechSci Research Automotive

  5. Table of Contents S. No. Contents 8. Europe Automotive Glazing Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value (USD Million) 8.2. Market Share & Forecast 8.2.1. By Product 8.2.2. By Application 8.2.3. By Vehicle Type 8.2.4. By Country 8.3. Europe: Country Analysis 8.3.1. Germany Automotive Glazing Market Outlook 8.3.1.1. Market Size & Forecast By Value (USD Million) 8.3.1.1.1. 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Product 8.3.1.2.2. By Application 8.3.1.2.3. By Vehicle Type 8.3.2. Spain Automotive Glazing Market Outlook 8.3.2.1. Market Size & Forecast By Value (USD Million) 8.3.2.1.1. 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Product 8.3.2.2.2. By Application 8.3.2.2.3. By Vehicle Type 5 5 © TechSci Research Automotive

  6. Table of Contents S. No. Contents 8.3.3. France Automotive Glazing Market Outlook 8.3.3.1. Market Size & Forecast By Value (USD Million) 8.3.3.1.1. 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Product 8.3.3.2.2. By Application 8.3.3.2.3. By Vehicle Type 8.3.4. United Kingdom Automotive Glazing Market Outlook 8.3.4.1. Market Size & Forecast 8.3.4.1.1. By Value (USD Million) 8.3.4.2. Market Share & Forecast 8.3.4.2.1. By Product 8.3.4.2.2. By Application 8.3.4.2.3. By Vehicle Type 8.3.5. Italy Automotive Glazing Market Outlook 8.3.5.1. Market Size & Forecast 8.3.5.1.1. By Value (USD Million) 8.3.5.2. Market Share & Forecast 8.3.5.2.1. By Product 8.3.5.2.2. By Application 8.3.5.2.3. By Vehicle Type 6 6 © TechSci Research Automotive

  7. Table of Contents S. No. Contents 9. North America Automotive Glazing Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value (USD Million) 9.2. Market Share & Forecast 9.2.1. By Product 9.2.2. By Application 9.2.3. By Vehicle Type 9.2.4. By Country 9.3. North America: Country Analysis United States Automotive Glazing Market Outlook 9.3.1. 9.3.1.1. Market Size & Forecast By Value (USD Million) 9.3.1.1.1. 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Product 9.3.1.2.2. By Application 9.3.1.2.3. By Vehicle Type 9.3.2. Mexico Automotive Glazing Market Outlook 9.3.2.1. Market Size & Forecast By Value (USD Million) 9.3.2.1.1. 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Product 9.3.2.2.2. By Application 9.3.2.2.3. By Vehicle Type 7 7 © TechSci Research Automotive

  8. Table of Contents S. No. Contents 9.3.3. Canada Automotive Glazing Market Outlook 9.3.3.1. Market Size & Forecast By Value (USD Million) 9.3.3.1.1. 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Product 9.3.3.2.2. By Application 9.3.3.2.3. By Vehicle Type 10. South America Automotive Glazing Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value (USD Million) 10.2. Market Share & Forecast 10.2.1. By Product 10.2.2. By Application 10.2.3. By Vehicle Type 10.2.4. By Country 10.3. South America: Country Analysis 10.3.1. Brazil Automotive Glazing Market Outlook 10.3.1.1. Market Size & Forecast By Value (USD Million) 10.3.1.1.1 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Product 10.3.1.2.2. By Application 10.3.1.2.3. By Vehicle Type 8 8 © TechSci Research Automotive

  9. Table of Contents S. No. Contents 10.3.2. Argentina Automotive Glazing Market Outlook 10.3.2.1. Market Size & Forecast By Value (USD Million) 10.3.2.1.1 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Product 10.3.2.2.2. By Application 10.3.2.2.3. By Vehicle Type 10.3.3. Colombia Automotive Glazing Market Outlook 10.3.3.1. Market Size & Forecast By Value (USD Million) 10.3.3.1.1 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Product 10.3.3.2.2. By Application 10.3.3.2.3. By Vehicle Type 11. Middle East & Africa Automotive Glazing Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value (USD Million) 11.2. Market Share & Forecast 11.2.1. By Product 11.2.2. By Application 11.2.3. By Vehicle Type 11.2.4. By Country 11.3. Middle East & Africa : Country Analysis 9 9 © TechSci Research Automotive

  10. Table of Contents S. No. Contents South Africa Automotive Glazing Market Outlook 11.3.1. 11.3.1.1. Market Size & Forecast By Value (USD Million) 11.3.1.1.1. 11.3.1.2. Market Share & Forecast 11.3.1.2.1. By Product 11.3.1.2.2. By Application 11.3.1.2.3. By Vehicle Type 11.3.2. Saudi Arabia Automotive Glazing Market Outlook 11.3.2.1. Market Size & Forecast By Value (USD Million) 11.3.2.1.1. 11.3.2.2. Market Share & Forecast 11.3.2.2.1. By Product 11.3.2.2.2. By Application 11.3.2.2.3. By Vehicle Type UAE Automotive Glazing Market Outlook 11.3.3. 11.3.3.1. Market Size & Forecast By Value (USD Million) 11.3.3.1.1. 11.3.3.2. Market Share & Forecast 11.3.3.2.1. By Product 11.3.3.2.2. By Application 11.3.3.2.3. By Vehicle Type 10 10 © TechSci Research Automotive

  11. Table of Contents S. No. Contents 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends and Developments 14. Competitive Landscape 14.1. Covestro AG 14.2. Fuyao Glass Industry Group Co., Ltd. 14.3. AGC Inc. 14.4. Nippon Sheet Glass Co., Ltd 14.5. Corning Incorporated 14.6. Webasto Group 14.7. Central Glass Co., Ltd. 14.8. Schott AG 14.9. Saint-Gobain Group 14.10 Vitro, S.A.B de C.V 15. Strategic Recommendations 16. About Us & Disclaimer 11 11 © TechSci Research Automotive

  12. PRODUCT OVERVIEW

  13. Scope of Report Product of Interest (POI): Automotive Glazing Automotive glazing is a laminated/toughened (tampered)/polycarbonate glass part used in vehicle in the front and rear windshield, sidelite and in the sunroof to provide wind and sound resistance while driving a vehicle. Market Segmentation Year Range PRODUCT REGION Tempered Glass Asia-Pacific • • Review Period Laminated Glass Europe • • 2016 – 2019 Polycarbonate North America • • Base Year South America • Middle East & Africa • 2020 Estimated Year APPLICATION Front Windshield VEHICLE TYPE 2021 • Passenger Car • Forecast Period Sidelite • Light Commercial • Rear Windshield • 2022 – 2026 Vehicle Sunroof • Medium and Heavy • Commercial Vehicle 13 13 © TechSci Research Automotive

  14. RESEARCH METHODOLOGY

  15. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the global automotive glazingmarket, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global automotive glazing market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 15 15 © TechSci Research Automotive

  16. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global automotive glazing market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing passenger car production. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global automotive glazing market. Methodology Followed for Calculation of Market Size: Market Size by Value : Market size, in terms of value, for the year 2020 was calculated based on information collected through • exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as automotive glazing companies, channel partners, market influencers & end-users, industry experts, and other industry participants. The team interviewed more than 15 global automotive glazing companies, 300 end-users, and 20 industry experts and other • value chain stakeholders in the global automotive glazing market to obtain the overall market size between 2016 and 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the final market size data for the historical period. Respondents were asked about the current and future market growth rates, market shares by product, by application, by • vehicle type, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from the response received from other stakeholders. 16 16 © TechSci Research Automotive

  17. Research Methodology Methodology Followed for Calculation of Market Shares: Market share by product, by application, by vehicle type, by company and by region were calculated based on the responses • received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of automotive glazing markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey • results in SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast • global automotive glazing market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 17 17 © TechSci Research Automotive

  18. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources Covestro AG World Bank • ▪ Fuyao Glass Industry Group Co., Ltd. TechSci Research Proprietary Database & Knowledge • ▪ AGC Inc. Repository • Nippon Sheet Glass Co., Ltd Company Annual Reports • ▪ Corning Incorporated Industry Magazines • ▪ Webasto Group Industry Reports • ▪ Central Glass Co., Ltd. News Dailies • ▪ Schott AG Credible Paid Databases • ▪ Saint-Gobain Group • Vitro, S.A.B de C.V • 18 18 © TechSci Research Automotive

  19. Strategic Recommendation Increasing automobile sales and surge in research and development investment across the world to drive global automotive glazing market. According to TechSci Research report “Automotive Glazing Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026”, the global automotive glazing market is expected to grow at a CAGR of 8.55% in value terms in the next five years to reach USD24,353.29 million by 2026. The growing production of vehicles and booming demand for passenger safety is aggravating the demand for automotive glazing as it acts as a safety shield for the vehicles at the time of collision. Automotive glazing is one of the crucial components of automobiles and is generally incorporated in windshields, sidelights, and sunroofs in some vehicles. Automobile manufacturers are also adding a roof support structure made of glazing on either side of the rear window known as the C pillar window. The improved product offering is the primary reason for the addition of sunroofs in vehicles, and therefore there is a common trend to implement them in premium passenger cars. Increased installation or adoption of sunroof feature in vehicle is bolstering the growth of the automotive glazing market. Many automotive manufactures are using coating in windshield glasses to protect vehicles from harmful radiations of infrared and UV rays. Reflective coatings are done in front and back of windshields. To protect the vehicle from UV and Infrared rays, ceramic coatings are done between the layers of the windshield glasses. These coatings last around 1-3 years in any vehicle therefore, there will be a need to change the glazing of the glass or replace it with the new one. So, the need to change the coating in vehicles over a certain period is propelling the growth of the automotive glazing market. Global Automotive Glazing market can be segmented based on by product, application, vehicle type, company and region. In terms of vehicle type, the market is segmented into passenger cars, light passenger vehicles, medium and heavy commercial vehicles. The demand for passenger car glazing has increased significantly in the past few years globally. The passenger car glazing segment accounted for 79.99% market share in 2020 and the segment’s share is projected to reach around 80.15% by 2026. In the past few years, a significant rise in the SUV sales has been observed in all the regions. SUVs have the most utilization of automotive glazing in the passenger car segment as most of the SUVs come with the sunroof and C-pillar which leads to higher demand for glazing. Automotive glazing has stringent standards called Automotive Glass Replacement Safety Standard (AGRSS) implemented by the Auto Glass Safety Council (AGSC) for the installation or replacement of windshields in vehicles. Hence, only handful companies hold significant share in the market. Some of the major players operating in the global automotive glazing market are Covestro AG, Fuyao Glass Industry Group Co., Ltd., AGC Inc., Nippon Sheet Glass Co., Ltd, Corning Incorporated, Webasto Group, Central Glass Co., Ltd., Schott AG, Saint-Gobain Group, Vitro, S.A.B de C.V Market players are investing in technological advancements so that weight of the glazing can be reduced while making it safer, flexible and durable. Auto-component major, Continental AG, launched intelligent glazing control which can be used to dim or reduce lighting in premium vehicles. Similarly, Apple is working on the implementation of augmented reality windshield systems in vehicle. “The Asia-Pacific automotive glazing market stood at USD8583.26 million in terms of value in the year 2020 and is expected to reach USD13460.79 million by 2026, growing with a CAGR of 8.93% in the forecast years. The presence of leading original equipment manufacturers (OEM) with high vehicle production capacities in different countries of the Asia-Pacific region especially in China, is the key factor driving the automotive glazing market in the region. China has the dominant share in the OEM production in the Asia-Pacific region and the country leads the growth of automotive glazing market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 19 19 © TechSci Research Automotive

  20. Strategic Recommendation Global Automotive Glazing Market Size, By Value (USD Million), 2016-2026F CAGR 2016-2020 By Value: xx% CAGR 2021E-2026F By Value: xx% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Value (USD Million) Asia-Pacific Automotive Glazing Market Share, By Product, By Value, 2016-2026F 2016 20.00% 30.00% 50.00% China Automotive Glazing Market Share, By Application, By Value, 2016-2026F 2017 20.00% 30.00% 50.00% 2018 20.00% 30.00% 50.00% 2019 20.00% 30.00% 50.00% 2020 20.00% 30.00% 50.00% 2021E 20.00% 30.00% 50.00% 2022F 20.00% 30.00% 50.00% 2023F 20.00% 30.00% 50.00% 2024F 20.00% 30.00% 50.00% 2025F 20.00% 30.00% 50.00% 2026F 20.00% 30.00% 50.00% Laminated Glass Tempered Glass Polycarbonate 2016 10.00% 20.00% 30.00% 40.00% 2017 10.00% 20.00% 30.00% 40.00% 2018 10.00% 20.00% 30.00% 40.00% 2019 10.00% 20.00% 30.00% 40.00% 2020 10.00% 20.00% 30.00% 40.00% 2021E 10.00% 20.00% 30.00% 40.00% 2022F 10.00% 20.00% 30.00% 40.00% 2023F 10.00% 20.00% 30.00% 40.00% 2024F 10.00% 20.00% 30.00% 40.00% 2025F 10.00% 20.00% 30.00% 40.00% 2026F 10.00% 20.00% 30.00% 40.00% Front Windshield Rear Windshield Sidelite Sunroof 20 20 © TechSci Research Automotive

  21. Strategic Recommendation Report Name: GLOBAL AUTOMOTIVE GLAZING MARKET FORECAST AND OPPORTUNITIES 2016 – 2026 License Type Single User License Price $4900 Multi-User License Custom Research License $5900 $8900 To View Sample OR Purchase Report 21 21 © TechSci Research Automotive

  22. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global Automotive Glass Market, By Vehicle (Light Commercial Vehicle, Heavy Commercial Vehicle and Passenger Cars), By Product Type (Laminated, Tempered), By Application (Sunroof, Windscreen, Sidelite /Backlite and Rearview Mirror), By Sales Channel (OEM and Aftermarket), By Company and By Geography, Forecast & Opportunities, 2026 • Global Laminated Glass Market, By Interlayer (Polyvinyl Butyral, Ionoplast Polymer and Others), By End-Use Industry (Building & Construction, Automotive and Others), By Company and By Geography, Forecast & Opportunities, 2026 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

More Related