Press release
Corning, Inc Automotive Glass Market By Vehicle 2018-2024 | Saint-Gobain Sekurit, Asahi Glass Co, Central Glass America, Inc, PPG Industries, Inc, Xinyi Glass Holdings Ltd, Duratuf Glass Industries (P) Ltd, Fuyao Group, Gentex Corporation
Meticulously analyzed in terms of pivotal industry segments, Global Automotive Glass market report effectively covers the scope of this space in terms By Product, By End-Use, By Vehicle and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.
The report extensively bifurcates the various contenders of Global Automotive Glass market. Prominent contributors such as Saint-Gobain Sekurit, Asahi Glass Co, Central Glass America, Inc, Shenzhen Benson Automobile Glass Co., Ltd.c, Nippon Sheet Glass Co., Ltd, PPG Industries, Inc, Xinyi Glass Holdings Ltd, Duratuf Glass Industries (P) Ltd, Corning, Inc, Guardian Glass,Webasto, Magna International Inc, Fuyao Group, Fuso Glass India Pvt. Ltd, Pittsburgh Glass Works, Gentex Corporation, Shatterprufe Windscreens have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
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Europe automotive glass industry is predicted to hold approximately 19% of the volume share by 2024. Stringent regulations associated with passenger safety and customers preferring superior quality product capable of handling extreme weather conditions will influence the product demand in region. Increasing production of supercars and luxury cars is supporting product innovation across various countries of the region.
China automotive glass industry from OEM is anticipated to observe more than 7% CAGR till 2024. Large presence of auto production facilities together with rapid industrialization owing to availability of land and resources at low cost is propelling the product penetration rate. The automotive industry plays a vital role in county?s economy, that has motivated its government to take certain initiatives for further development. It includes Rural Subsidy Program for Vehicle Purchases, Old for New Trade in Auto Program, and New Energy Vehicle Subsidy Policy contributing in vehicle sales across the country.
Aftermarket segment will pose approximately 5% growth rate over the study time span. Rising road accident rates and customer preference for low cost products will improve the segment growth. Regulations associated with patent and copyright infringement may negatively impact the industry growth over the study period.
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Passenger cars segment is estimated to generate more than USD 14 billion by 2024. Rising disposable income is creating demand for passenger cars especially in developing nations. Enhancing fuel efficiency and minimizing carbon footprint is stimulating the product demand in the segment.
Light commercial vehicles segment in the automotive glass market will perceive growth of approximately 5% over the study period. Rising transportation network, rapid urbanization, and rising demand for vans and minitrucks are considerably accelerating the segment growth. Increasing accident rates in urban areas and highways has influenced the aftermarket product sales.
OEMs automotive glass segment accounted for more than 80% of the volume share in 2017. Rising safety norms in conjunction with expansion of automobile industry are surging overall industry growth over the forecast time span. Moreover, high quality products and accurate model make are preferred by the customers.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Automotive Glass Industry Insights
Chapter 4. Automotive Glass Market, By Product
Chapter 5. Automotive Glass Market, By Application
Chapter 6. Automotive Glass Market, By Vehicle
Chapter 7. Automotive Glass Market, By End-use
Chapter 8. Automotive Glass Market, By Region
Chapter 9. Company Profiles
For More Details on this Report At: https://tinyurl.com/yd4p8to4
Related Report:
2017 US Automotive Glass Fiber Composites Industry Report
This report is an essential reference for who looks for detailed information on US Automotive Glass Fiber Composites market. The report covers data on US and its regional markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as US major vendors' information.
In addition to the data part, the report also provides overview of Automotive Glass Fiber Composites market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics.
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https://www.marketstudyreport.com/reports/2017-us-automotive-glass-fiber-composites-industry-report?utm_source=RR-AN
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