14.12.2018 Views

Automotive Glass Market Outlook Sales, Cost, and Capacity Forecast To 2025

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The key advantage linked to the use of solar control glasses is that it supports in improving the<br />

fuel efficiency. The usage of solar control glass helps in keeping the vehicle cooler inside;<br />

eventually reducing the need of an air conditioner <strong>and</strong> making the car fuel effective.<br />

<strong>Automotive</strong> <strong>Glass</strong> Industry may be explored by vehicle type, sale channel, glass type, application,<br />

<strong>and</strong> geography. The market may be explored by vehicle type as Heavy Commercial Vehicles,<br />

Passenger Vehicles, <strong>and</strong> Light Commercial Vehicles. The “Passenger Vehicles” segment<br />

accounted for major market share of the automotive glass in 2017. The key factor that may<br />

attributed to the growth of market includes rise in the disposable income of the consumers.<br />

The <strong>Automotive</strong> <strong>Glass</strong> <strong>Market</strong> could be explored based on sale channel as Aftermarket <strong>and</strong><br />

Original Equipment Manufacturer (OEM). The “Original Equipment Manufacturers (OEM)”<br />

segment accounted for major market share of the automotive glass in 2015. The key factor that<br />

may attributed to the growth of market includes rapid developments in the vehicle safety<br />

features from the industrial end.<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/automotive-glass-market<br />

The industry may be analyzed by glass type as Tempered <strong>Glass</strong> <strong>and</strong> Laminated <strong>Glass</strong>. Based on<br />

application, the market may be classified as Back <strong>Glass</strong>, Windshield, Door <strong>Glass</strong> (Side Window)<br />

may further explored as (Vent <strong>Glass</strong> <strong>and</strong> Quarter <strong>Glass</strong>), Moon Roof <strong>and</strong> Back <strong>Glass</strong>. The<br />

“Windshield” segment led the <strong>Automotive</strong> <strong>Glass</strong> Industry in 2015 <strong>and</strong> is anticipated to maintain<br />

its dominance by <strong>2025</strong>.<br />

Asia-Pacific accounted for the major share of the <strong>Automotive</strong> <strong>Glass</strong> <strong>Market</strong> in 2015 <strong>and</strong> will<br />

continue to lead in the forecast period. The factors that could be attributed to the growth<br />

include availability of cheap & skilled labor <strong>and</strong> low cost. Asia-Pacific is followed by the North<br />

American region owing to surge in the manufacturing of commercial vehicles in the region.<br />

Some of the key players that fuel the growth of the <strong>Automotive</strong> <strong>Glass</strong> Industry comprise Fuyao<br />

<strong>Glass</strong> Industry Group Co., Ltd., Asahi <strong>Glass</strong> Co., Ltd., Dura <strong>Automotive</strong> Systems, Xinyi <strong>Glass</strong>

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