Press release
Emerging Trends Influencing The Growth Of The Automotive Windshield Market: AGC Automotive And Eyelights Partner For Augmented Reality Windshields
Automotive Windshield
How Big Is the Automotive Windshield Market Size Expected to Be by 2034?
In the last few years, the size of the automotive windshield market has seen substantial growth. The market will see an increase from $21.07 billion in 2024 to $22.72 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. The expansion during the historic period can be ascribed to factors such as safety regulations, boosted vehicle production, a growing emphasis on vehicle safety, consumer demand for comfort, and environmental concerns.
The market size of automotive windshields is projected to witness robust expansion in the coming years, growing to a valuation of $31.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 8.8%. This growth during the forecast period can be traced back to factors such as urbanization, the advent of Advanced Driver Assistance Systems (ADAS), autonomous vehicles, rigid safety regulations, connectivity attributes, and the use of eco-friendly materials. The forecast period will also see trends like integrating head-up display, windshields imbued with augmented reality, self-healing layers, dynamic shading, adoption of gorilla glass, and advanced environmental monitoring sensors.
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What Are the Emerging Segments Within the Automotive Windshield Market?
The automotive windshield market covered in this report is segmented -
1) By Glass Type: Laminated Glass, Tempered Glass
2) By Material Type: Thermoset Material, Thermoplastic Material
3) By Windshield Position: Front Windshield, Rear Windshield
4) By Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
Subsegments:
1) By Laminated Glass: Acoustic Laminated Glass, UV Protection Laminated Glass, Infrared Reflective Laminated Glass
2) By Tempered Glass: Heat-Strengthened Tempered Glass, Fully Tempered Glass, Tinted Tempered Glass
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What Long-Term Drivers Are Shaping Automotive Windshield Market Trends?
The escalation in the automotive industry's progression is predicted to boost the expansion of the automotive windshield market in the future. The designing, development, manufacturing, marketing, and selling of motor vehicles involve an extensive array of companies and organizations that makeup the automotive industry. Automobile windshields play a crucial role in safeguarding the passengers and interior from external elements such as dust, rain, wind, and strengthening the car's structure. For example, as reported by the Belgium-based European Automobile Manufacturers' Association in August 2024, there was a 3.9% rise in new car registrations over seven months, exceeding 6.5 million units. While remaining modest, the key markets in the bloc showcased a positive growth trajectory, with increases reported in Spain (+5.6%), Italy (+5.2%), Germany (+4.3%), and France (+2.2%). Consequently, the flourishing global automotive industry is stimulating the expansion of the automotive windshield market.
Who Are the Top Competitors in Key Automotive Windshield Market Segments?
Major companies operating in the automotive windshield market include Compagnie de Saint-Gobain SA, AGC Inc., Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Guardian Industries Corp., Central Glass Co. Ltd., Sisecam Group, Shenzhen Benson Automobile Glass Co. Ltd., Xinyi Glass Holdings Limited, Vitro SAB de CV, Safelite Group Inc., PPG Industries Inc., Olimpia Oto Camlari AS, GIS GmbH, T&S Auto Glass Inc., Shatterprufe Pty Ltd., Glaston Corporation, Asahi Glass Co. Ltd., Compagnie de Saint-Gobain Sekurit, Pilkington Brothers Limited, Magna International Inc., Webasto SE, AGC Glass Europe SA, Carlex Glass America LLC, Dura Automotive Systems LLC, LKQ Corporation, China Glass Holdings Limited, Samvardhana Motherson International Limited
What Automotive Windshield Market Trends Are Gaining Traction Across Different Segments?
Top firms within the automotive windshield market are choosing to form strategic alliances to introduce augmented reality windshields. This type of partnership enables firms to take advantage of each other's unique capabilities and resources to gain mutual benefits and success. For instance, in January 2022, AGC Automotive, a US-based automotive glass manufacturing firm, entered into a collaboration with EyeLights, a developer of augmented reality systems from Israel. The collaboration intends to incorporate industrial-strength augmented reality (AR) features into manufactured vehicles, thus improving safety and the overall experience inside the car. By merging windshield and display technologies, the partnership results in several advantages, including the creation of the largest virtual screen size of 550 inches and a projection distance of 50 meters from the driver's position.
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Which Regions Are Becoming Hubs for Automotive Windshield Market Innovation?
Asia-Pacific was the largest region in the automotive windshield market in 2024. The regions covered in the automotive windshield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Windshield Market?
2. What is the CAGR expected in the Automotive Windshield Market?
3. What Are the Key Innovations Transforming the Automotive Windshield Industry?
4. Which Region Is Leading the Automotive Windshield Market?
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