Press release
2025-2034 Automotive Windshield Market Roadmap: Insights for Competitive Advantage
Automotive Windshield
How Large Will the Automotive Windshield Market Size By 2025?
In the past few years, there has been a significant expansion in the automotive windshield market. Its size is projected to increase from $21.07 billion in 2024 to $22.72 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.9%. This growth in the previous years can be linked to safety rules, heightened vehicle production, an increasing emphasis on automobile safety, customer comfort preferences, and environmental concerns.
How Big Is the Automotive Windshield Market Size Expected to Grow by 2029?
The market size of automotive windshields is set to witness substantial expansion in the ensuing years, with expectations to reach a value of $31.8 billion by the year 2029 at a compound annual growth rate (CAGR) of 8.8%. Factors influencing this positive projection for the forecast period include increasing urbanization, the introduction of advanced driver assistance systems (ADAS), the rise of autonomous vehicles, the implementation of stricter safety standards, the integration of connectivity features, and the use of sustainable materials. The major trends during this period are predicted to be the integration of head-up displays, the emergence of augmented reality windshields, the use of self-healing coatings, the application of dynamic tinting, the adoption of gorilla glass, and the use of advanced sensors for environmental monitoring.
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Which Key Market Drivers Powering Automotive Windshield Market Expansion and Growth?
The expansion of the automotive sector is projected to drive the growth of the automotive windshield market. The automotive industry encompasses many corporations and organizations that are involved in various aspects like design, development, manufacture, marketing, and selling of vehicles. Automobile windshields serve as an essential component to shield passengers and the car's interior from unfavorable environmental elements such as dust, rain, and wind. Moreover, it contributes to reinforcing the vehicle's structure. Notably, the European Automobile Manufacturers' Association, a Belgium-based entity, narrated a significant hike in new car registrations by 3.9% going beyond 6.5 million units, seven months into 2024. The prominent markets in the bloc including Spain (+5.6%), Italy (+5.2%), Germany (+4.3%), and France (+2.2%) evidenced moderate but encouraging growth. Consequently, the surging expansion of the worldwide automotive industry is fueling the growth of the automotive windshield market.
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Which Fast-Growing Trends Are Poised to Disrupt the Automotive Windshield Market?
Prominent firms in the automotive windshield market are using the strategic partnership strategy to debut the augmented reality windshield. This strategy implies that companies are capitalizing on each other's expertise and assets to realize shared advantages and triumphs. For example, in January 2022, AGC Automotive, a manufacturer of automotive glass based in the United States, formed a partnership with EyeLights, an augmented reality systems developer based in Israel. The aim of this alliance is to infuse industrial-grade augmented reality (AR) features into mass-produced vehicles, thereby improving safety and overall in-car experience. When they mesh windshield and display technologies, they accrue several perks, including a maximum virtual screen size of 550 inches and a projective distance 50 meters away from the driver.
What Are the Emerging Segments in 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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Who Are the Global Leaders in the Automotive Windshield Market?
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
Which are the Top Profitable Regional Markets for the Automotive Windshield Industry?
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
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