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(I-AutoNewsWire.com, December 18, 2019 ) Automotive Windshield Market
The Global Automotive Windshield Market is expected to grow with a CAGR of over 6 % during the forecast period (2019-2026).
Automotive Windshield market is expected to grow moderately in the next few years.
Windshields are designed to protect passengers from the wind and other dust particles and also in the case of an accident.
They help keep passengers safe in the vehicle upon impact and keep the roof intact. The windshield is one of the vehicles most important performance features, as Windshield acts as an aerodynamic shield that flows with the body line.
One of the significant trends in windshield market is the development of a new type of glass that may be stronger than todays windshields. The 2017 Ford GT is the first production car to feature a Corning Gorilla Glassฎ hybrid windshield.
Use of Windshield for Display features such as heads-up displays windshields is also a growing trend globally.
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Automotive Windshield Market Dynamics
Automotive Windshield market is primarily driven by automotive sales, especially rising car sales. Increasing Motor vehicle production in the coming years will drive the growth for windshield market.
Rising Concerns for UV protection is driving the growth for solar reflective windshields globally.
The market is also affected by State regulations in each country. In many countries, including the U.S., automotive windshields made of laminated glass are required to meet the laws.
Automotive Windshield Segmentation
Automotive Windshield market is segmented by position, by glass type, by vehicle type, and by sales channel.
By Position, the market is segmented into front & rear windshield. Front windshield is generally made of laminated glass, whereas rear windshield is made of tempered glass.
The windshield is designed in such a way, if something hits the windshield, the glass should be strong enough and should not shatter, to protect the passengers face and eyes from flying glass.
Rear Windshield Typically Have a Defrost Grid on them. For a safe, certified Windshield replacement requires some precise procedures.
By Glass type, the market is segmented into Laminated & Tempered glass. Laminated glass is composed of two to three layers of glass that are laminated together. Laminated glass blocks about 99% of the UV-light and also has sound reduction properties.
Increasing features such as non-shattering and UV protective nature are driving the laminated windshields segment demand. Tempered glass is designed to shatter everywhere when broken. But instead of smashing into sharp shards, it is designed to shatter into tiny, sand-like pebbles, helping to prevent glass-related injuries.
By Vehicle Type, the market is segmented into Passenger vehicles and Commercial Vehicles. Passenger vehicles accounted for the majority share in the windshield market with an increasing number of car ownership globally.
Global Automotive Windshield Regional Analysis
By region, the market is segmented into North America, South America, Europe, Asia-pacific, and rest of the world. Asia-pacific is the biggest market due to strong automotive production and rising automotive ownership.
The growth in the region is also driven by increasing safety concerns from the consumers and protection from ultraviolet rays.
Key market segments covered
By Position
Front
Rear
By Glass Type
Laminated
Tempered
By Vehicle Type
Passenger Vehicles
Commercial Vehicles
By Sales Channel
OEM
Aftermarket
By Region-
Asia Pacific
Europe
North America
South America
Rest of the World
Automotive Windshield Companies
Automotive Windshield market is a monopolistic market with few players dominating most of the market. Some of the Major Players in the Automotive Windshield market are AGC Inc., Nippon Sheet Glass, Vitro, PPG Industries, Guardian Industries, Central Glass Co. Ltd., Fuyao Glass, Saint-Gobain, Xinyi Glass, and Magna International.
Industry players are working to develop a chemically tempered glass, which is much stronger than conventional automotive glass, known as soda lime glass.
The report covers the key factors impacting the market, Porter 5 Forces, Product Benchmarking, and company profiles. Automotive Windshield Market is segmented by Position (Front, Rear), By Glass Type (Laminated, Tempered), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Sales Channel (OEM, Aftermarket), and by geography (Asia Pacific, Europe, North America, South America, Rest of the World).
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