Automotive Glass Market Report 2024 (Global Edition)

Global Automotive Glass Market Report 2024 Market Size Split by Type (Laminated Glass, Tempered Glass, Special Function Glass), by Application (Passenger Vehicles, Light Commercial Vehicles, Heavy Com...

Automotive Glass Market Report Description

We have various report editions of Automotive Glass Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Automotive Glass Market Insights Video

Competitive Landscape of Automotive Glass Market

The competitive landscapes of the automotive glass market, key players are engaged in intense efforts to gain a strategic edge and capture a significant market share. Companies are focusing on technological innovations, research and development, and strategic collaborations to stay ahead in the competition.

Automotive Glass Industry News

• In February 2020, AGC Glass Europe partnered with Citrine Informatics to create advanced glass technology using artificial intelligence. AGC's data was used to develop AI models that aim to pinpoint the optimal process conditions for producing high-performance glass materials.

(Source: www.agc-glass.eu/en/news/press-release/agc-and-citrine-informatics-collaborate-develop-new-glass-technology-using-ai)

Top Companies Market Share in Automotive Glass Industry: (In no particular order of Rank)

• Saint-Gobain (France)
• Asahi India Glass Limited (India)
• Fuyao Glass America (U.S.)
• Motherson (India)
• Webasto Group (Germany)
• Nippon Sheet Glass Co. Ltd (Japan)
• GENTEX CORPORATION (U.S.)
• Magna International Inc. (Canada)
• Xinyi Glass (Hong Kong)
• Corning Incorporated (U.S.)
• Hitachi Chemical Co. Ltd. (Japan)
• PGW Auto Glass LLC (U.S.)
• Polytronix Inc. (U.S.)
• Vitro (Mexico)
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Asia Pacific Automotive Glass Market accounted for a share of more than 35% of the global revenue in 2023

According to Cognitive Market Research, Asia Pacific region takes the forefront in the automotive glass market, capturing an impressive 35% market share with a substantial market size of USD 8.12 billion in 2023. This dominance is fueled by the robust automotive manufacturing industry, particularly in countries like China, India, and Japan. China, as the world's largest automotive market, significantly influences the region's market dynamics. The surge in demand for vehicles, especially passenger cars, contributes to the region's substantial market share. The passenger vehicles segment stands out as a key driver within the Asia Pacific market, buoyed by factors like a growing middle-class population, urbanization trends, and an increasing focus on safety standards. As the region continues to lead in market size, the prominence of the passenger vehicles category underscores its pivotal role in shaping the automotive glass landscape.

North America region emerges as the fastest-growing market in the automotive glass sector, boasting a substantial 30% market share and an impressive market size of USD 6.96 billion in 2023. This growth is underpinned by several factors, including a resurgence in the automotive industry, technological advancements, and an increased focus on energy-efficient and smart glass solutions. In particular, the passenger vehicles segment plays a pivotal role in propelling the market forward. The region's commitment to sustainability and safety standards contributes to the adoption of advanced automotive glass technologies. As North America takes the lead in market growth, the prominence of passenger vehicles signifies a consumer-driven shift towards innovative, high-quality automotive glass products.

The current report Scope analyzes Automotive Glass Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Automotive Glass Market

According to Cognitive Market Research, North America region emerges as the fastest-growing market in the automotive glass sector, boasting a substantial 30% market share and an impressive market size of USD 6.96 billion in 2023. This growth is underpinned by several factors, including a resurgence in the automotive industry, technological advancements, and an increased focus on energy-efficient and smart glass solutions. In particular, the passenger vehicles segment plays a pivotal role in propelling the market forward. The region's commitment to sustainability and safety standards contributes to the adoption of advanced automotive glass technologies. As North America takes the lead in market growth, the prominence of passenger vehicles signifies a consumer-driven shift towards innovative, high-quality automotive glass products.

Europe Automotive Glass Market

According to Cognitive Market Research, Europe stands out as the region experiencing robust growth, commanding a 28% market share with a Market Size of USD 6.50 Billion in 2023. The European automotive glass sector is witnessing a surge in demand attributed to the region's thriving automotive industry and a strong focus on technological advancements. With a commitment to sustainability and safety, European manufacturers are at the forefront of developing innovative automotive glass solutions. The market segmentation reveals a diverse range of products catering to passenger vehicles, commercial vehicles, and specialized applications. In conclusion, Europe's automotive glass market is poised for continued expansion, driven by technological innovation, stringent safety standards, and a growing automotive landscape. 

Asia Pacific Automotive Glass Market

According to Cognitive Market Research, Asia Pacific region takes the forefront in the automotive glass market, capturing an impressive 35% market share with a substantial market size of USD 8.12 billion in 2023. This dominance is fueled by the robust automotive manufacturing industry, particularly in countries like China, India, and Japan. China, as the world's largest automotive market, significantly influences the region's market dynamics. The surge in demand for vehicles, especially passenger cars, contributes to the region's substantial market share. The passenger vehicles segment stands out as a key driver within the Asia Pacific market, buoyed by factors like a growing middle-class population, urbanization trends, and an increasing focus on safety standards. As the region continues to lead in market size, the prominence of the passenger vehicles category underscores its pivotal role in shaping the automotive glass landscape.

South America Automotive Glass Market

According to Cognitive Market Research, Latin America emerges as a prominent growth region in the automotive glass market, commanding a 5% market share with a Market Size of USD 1.16 Billion in 2023. The automotive sector in Latin America is witnessing a surge in demand, driven by increasing vehicle production, rising consumer disposable income, and a growing focus on safety standards. The market segmentation showcases a diverse array of automotive glass products catering to various vehicle types. In conclusion, Latin America's automotive glass market is positioned for substantial growth, fueled by economic development, increasing automotive sales, and a commitment to enhancing vehicle safety standards.

Middle East and Africa Automotive Glass Market

According to Cognitive Market Research, Middle East and Africa region is experiencing notable growth in the automotive glass market, capturing a 2.00% market share with a Market Size of USD 0.46 Billion in 2023. The automotive sector in this region is expanding, driven by increasing urbanization, infrastructure development, and a growing population. The segmentation analysis reveals a demand for automotive glass across different vehicle segments, reflecting a varied consumer landscape. In conclusion, the Middle East and Africa present promising opportunities for the automotive glass market, propelled by economic progress, urbanization trends, and a rising need for advanced automotive solutions.

Automotive Glass Market Analysis

Type Segment Analysis of Automotive Glass Market

According to Cognitive Market Research, laminated glass emerges as the dominant category in the automotive glass market, primarily due to its crucial safety features and widespread application. Laminated glass consists of a layer of polyvinyl butyral (PVB) sandwiched between two layers of glass, providing enhanced strength and shatter resistance. This safety feature makes laminated glass a preferred choice for windshields, where it minimizes the risk of injury by preventing shattered glass from scattering upon impact. Additionally, laminated glass contributes to sound insulation and offers UV protection.

Special function glass represents the fastest-growing category in the automotive glass market, fueled by technological advancements and evolving consumer preferences. This category includes smart glass technologies, such as heads-up displays, electrochromic glass, and other innovative features. The increasing demand for enhanced driving experiences, connectivity, and safety features has propelled the adoption of special function glass. Electrochromic glass, for example, allows for adjustable tint levels, contributing to improved energy efficiency and comfort.

• Laminated Glass
• Tempered Glass
• Special Function Glass

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Glass Industry. Request a Free Sample PDF!

Application Segment Analysis of Automotive Glass Market

According to Cognitive Market Research, passenger vehicles stand out as the dominant category in the automotive glass market, driven by the sheer volume of production and the increasing emphasis on aesthetics and safety in the passenger car segment. The rising global demand for personal transportation, coupled with consumers' growing focus on vehicle design and safety, has led to a significant market share for automotive glass in passenger vehicles. Additionally, advancements in design, such as larger and more panoramic windshields, contribute to the dominance of automotive glass in enhancing the overall aesthetic appeal and safety features of passenger cars.

Light commercial vehicles (LCVs) emerge as the fastest-growing category in the automotive glass market, spurred by expanding e-commerce activities and the need for efficient last-mile delivery services. The rise in online shopping has driven the demand for LCVs, leading to increased production and, consequently, a growing need for automotive glass. Furthermore, the trend toward electrification in commercial fleets has prompted advancements in vehicle design, including larger and more advanced glass components. As a result, the light commercial vehicles category is witnessing rapid growth, making it the fastest-expanding segment in the automotive glass market.

• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion