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Automotive Glass Market Insights | Key Players: Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Webasto (Germany) and Corning (US)

03-20-2019 07:58 AM CET | Tourism, Cars, Traffic

Press release from: MarketsandMarkets™

Automotive Glass Market Insights | Key Players: Saint-Gobain

According to the new market research report "Automotive Glass Market by Type (Laminated, Tempered), Application (Windshield, Sidelite, Backlite, Rear Quarter Glass, Side & Rear-View Mirrors), Material (IR-PVB, Metal Coated, Tinted), ICE & EV, Aftermarket, and Region - Global Forecast to 2025", published by MarketsandMarkets™, The automotive glass market is projected to grow at a CAGR of 4.80% from an estimated USD 16.21 billion in 2017 to reach a market size of USD 23.59 billion by 2025.

The market is driven by advanced technologies such as smart glass, increasing glass applications & area per vehicle, and the increasing demand for laminated side glazing.

Browse and in-depth TOC on “Automotive Glass Market"
149 - Tables
67 - Figures
205 - Pages

View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-glass-market-229009655.html

“Asia Oceania: Fastest growing market for Automotive Glass”

Asia Oceania is estimated to be the largest automotive glass market and is projected to grow at the fastest CAGR during the forecast period. This growth can be attributed to improving socio-economic conditions in emerging economies such as China and India. The growth in population in these countries has resulted in increased vehicle production and vehicle parc. This has resulted in increased demand for automotive glass. The consumer preference for SUV in India and China is also driving the automotive glass market as the volume of glass required in SUV is significantly more than that in sedans and other passenger cars.

“Suspended Particle Device (SPD) is the fastest growing smart glass technology in automotive glass market”

Traditionally, smart glass was used in the automobiles for windows, but extensive R&D has led to its increased usage in sidelites, backlites, and sunroofs. Daimler (Germany) has launched an all-glass panoramic roof using SPD technology on the Mercedes-Benz SLK. Mercedes-Benz also offers smart glass known as magic sky control in its sunroof. The SPD technology is expected to have a significant share of the automotive smart glass market due to its capability of optimizing the cabin temperature, providing consumers privacy at the push of a button, and improving the fuel efficiency of the vehicle

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“Laminated Glass is the fastest growing segment in the Automotive Glass Market”

The laminated glass market is projected to be the fastest growing market during the forecast period. Laminated glass in the windshield has a PVB layer that protects the passengers from broken glass pieces. It also offers clear visibility. Increased safety when compared with tempered glass and possible applications of laminated glass in sidelites (in addition to windshield) are the key reasons for the growth of laminated glass market. Side glazing trend started in Europe and now other key countries such as the US and Japan are also following the trend where vehicles are fitted with side laminated glazing. Laminated side glazing improves the safety of the passenger and driver. It also improves the NVH (Noise, Vibration & Harshness) conditions of the vehicles.

“Sunroof application is the largest segment in the Automotive Smart Glass market”

Smart glasses have a property of auto-dimming during high-intensity external light, which helps in maintaining ambient cabin temperature and reducing a load on the air conditioning system, which in turn results in increased fuel efficiency. This tremendously reduces the cooling and lighting cost of the vehicle. The use of smart glass is the most in sunroof application; however, with advancements in technology, smart glass is projected to have applications in sideline, windshield, and backlight.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=229009655

Target Audience of Automotive Glass Market

• Automotive glass manufacturers
• Automotive smart glass manufacturers
• Device embedded glass manufacturers
• Suppliers of raw material for automotive glass
• Experts from the automotive smart glass industry
• Dealers and distributors of automotive glass
• Automotive Original Equipment Manufacturers (OEMs)
• Automobile industry and related end-user industries

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

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