Automotive windshield Market Global Analysis 2018 Research Report


Posted October 16, 2018 by abhi0210

Automotive windshield Market Global Analysis 2018 Research Report.

 
Automotive windshield Market 2018 Global Industry Analysis To 2023, is latest research report on Global Automotive windshield Market Size, Share, Trends, Growth, and Regional Forecast. Report provides automotive windshield Global Market Historic, Forecast data, business development strategies, SWOT analysis, And Key Company Insights with forecast to 2023.

The prominent players in the automotive windshield market are Asahi Glass (Japan), Saint-Gobain (France), Xinyi Glass (China), Fuyao Glass Industry (China), Nippon Sheet Glass (Japan), Vitro (Mexico), Dura Automotive (U.S.), Sisecam Group (Turkey), Magna International (Canada), Guardian Industries (U.S.), PPG Industries (U.S.), Shenzhen Benson Automobile (China) and others.

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Market Highlights:

The global automotive windshield market is poised to be at USD 14,270 million by 2023 at an estimated CAGR of 7.4% through the forecast period. This is due to several driving trends such as growing demand of passenger vehicles, growing urban population, increasing environment concerns, and rising disposable income of middle class population. The market has largely been benefiting from the changing paradigms in government regulations and end-users perspective towards enhanced safety in automobiles. In spite of a turbulence caused by the global economic slowdown of 2008, the automotive market gained back the pre-crisis annual growth rate in 2014.

The global market of automotive windshield is growing rapidly. Focus on improved efficiency, and technological advancement, makes automotive windshield popular among manufacturers and consumers. Automotive windshield accounts for features such as safety, comfort, and thus could conveniently be used in industries. Research and development into automotive windshield manufacturers so as to introduce innovative features in automotive windshield, is a trend. With several driving factors such as the growing demand of passenger vehicles, growing urban population, increasing environment concerns, and rising disposable income of middle class population, the global automotive windshield market is poised to grow over USD 14,270 million by 2023 at an estimated CAGR of 7.4% through the forecast period.

For this study, the global automotive windshield market has been divided on the basis of position, glass type, vehicle type, end market, and regions. On the basis of position, the market has been segmented into front and rear. Among the positions, front placement has accounted the largest market share, in 2016.

Major factors that have driven the automotive windshield market are increase in sales of new vehicles, increasing focus on R&D for automotive windshield, rising urbanization led to growth of automobile industry and others. On the other hand, factors that are hindering the market are higher cost of smart glass, and strict government regulations over certification of automotive windshield. Despite these factors, the automotive windshield market is expected to show a good market figure owing to technological advancements and increasing demand for passenger vehicles.

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List of Tables:

TABLE 1 GLOBAL AUTOMOTIVE WINDSHIELD MARKET, BY VEHICLE TYPE, 2014-2023 (USD MILLION)

TABLE 2 GLOBAL AUTOMOTIVE WINDSHIELD MARKET, BY COMPONENTS, 2014-2023 (USD MILLION)

TABLE 3 GLOBAL AUTOMOTIVE WINDSHIELD MARKET, BY REGION, 2014-2023 (USD MILLION)

TABLE 4 NORTH AMERICA: AUTOMOTIVE WINDSHIELD MARKET, BY COUNTRY, 2014-2023 (USD MILLION)

TABLE 5 NORTH AMERICA: AUTOMOTIVE WINDSHIELD MARKET, BY VEHICLE TYPE, 2014-2023 (USD MILLION)

Continued…

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Issued By Abhi
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Categories Automotive , Business , Industry
Tags Automotive Windshield Market
Last Updated October 16, 2018