Automotive Windshield Market worth 23.24 Billion USD by 2025

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MarketsandMarkets Presents
Automotive Windshield Market worth 23.24 Billion
USD by 2025
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The report "Automotive Windshield Market by Glass
Type (Laminated and Tempered), Material Type
(Thermoset and Thermoplastic), Position (Front
and Rear), Vehicle Type (PCs, LCVs, and HCVs),
Electric Vehicle Type (HEVs, BEVs, and PHEVs),
and Region - Global Forecast to 2025", The
automotive windshield market is projected to grow
at a CAGR of 6.28 during the forecast period, to
reach USD 23.24 Billion by 2025 from an estimated
USD 14.27 Billion in 2017. The increasing use of
solar reflective glass for windshields, growing
vehicle production, and increasing use of
windshield for latest display technologies are
the key drivers for the automotive windshield
market. Browse 57 Market Data Tables 57
Figures 134 Pages and in-depth TOC on "Automotive
Windshield Market You can speak to our
analyst_at_ https//www.marketsandmarkets.com/speakto
analyst.asp?id114423597
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Source MarketsandMarkets Analysis
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The automotive industry is one of the key
contributors to the overall GDP of the world and
is growing significantly over the years. Growing
economy and improving demographics have surged
the demand for vehicles across the globe. As the
demand for vehicles is growing, the demand for
automotive components is also increasing
significantly, especially in countries such as
China and India. Also, new vehicle model launches
and the increasing demand for premium and luxury
segment cars have increased the demand for
exterior components, such as a windshield. The
automotive windshield provides an efficient
aerodynamic design, clear visibility, and
protection from debris, unwanted particles,
ultraviolet (UV) rays, and harmful
radiation. The global market is estimated to be
USD 14.27 Billion in 2017 and is projected to
grow at a CAGR of 6.28 to reach USD 23.24
Billion by the end of 2025. Some of the major
drivers identified are the growing vehicle
production and the increasing use of windshield
for the latest display technologies. The growth
of the global automotive industry is expected to
fuel the growth of the automotive windshield
market. Technologies, such as smart displays and
driver assistance functions, are now getting
incorporated in the mid-segment and economy
vehicles. The market for these latest display
technologies on the windshield is driven by the
increased awareness of road and vehicle
safety. The automotive windshield market for
laminated glass is estimated to account for
largest shares in the global automotive
windshield market estimated in 2017. Tempered
glass is estimated to be the second largest
segment of this market. The global market for
laminated glass segment is projected to grow at a
higher CAGR during the forecast period due to the
increasing use of laminated glass for protection
against harmful ultraviolet (UV) rays. Various
automotive glass manufacturers such as Asahi
Glass (Japan), Nippon Sheet Glass (Japan), and
Central Glass (Japan), especially in Asia
Pacific, are offering customized windshields to
vehicles manufacturers.
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• Asia Pacific is estimated to account for the
  largest market share followed by North America,
  Europe, and RoW, respectively. Asia Pacific is
  anticipated to remain predominant during the
  forecast period due to numerous factors such as
  increasing number of vehicle production, use of
  solar reflective glasses in vehicles, use of
  safety glasses, such as laminated and tempered
  glass. In terms of growth rate, Asia Pacific is
  estimated to exhibit the highest CAGR during the
  forecast period. The growth in Asia Pacific is
  anticipated to be driven by the increasing number
  of commercial vehicles production and the growing
  use of premium segment cars.
• Some of the major players in the global market
  are Asahi Glass (Japan), Saint-Gobain (France),
  Nippon Sheet Glass (Japan), Sisecam Group
  (Turkey), and Central Glass (Japan). The last
  chapter of this report covers a comprehensive
  study of the key vendors operating in the
  automotive windshield market. The evaluation of
  market players is done by taking various factors
  into account, such as new product development,
  RD expenditure, business strategies, product
  revenue, and organic and inorganic growth.
• Scope of the Report
• Market, By Region
• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)
• Market, By Glass Type
• Laminated Glass
• Tempered Glass

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• Market, By Windshield Position
• Front Windshield
• Rear Windshield
• Market, By Vehicle Type
• Passenger Car
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)
• Market, By Material Type
• Thermoset Material
• Thermoplastic Material
• Market, By Electric Vehicle Type
• Hybrid Electric Vehicle (HEV)

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