DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ppxvg8/global_automotive) has announced the addition of the "Global Automotive Glass Market 2012-2016" report to their offering.
The increase in automotive production and sales is one of the major growth drivers in the market. In recent years, the Global Automotive market has witnessed a steady growth rate, and this is expected to continue during the period 2012-2016. Since the Global Automotive Glass market is heavily dependent on the Global Automotive market, steady growth in this market should boost the demand for automotive glass products.
The increasing demand for smart glass is one of the major trends in the Global Automotive Glass market. Smart glass is being used increasingly by high-end automotive manufacturers such as Mercedes Benz, BMW, and Audi. Smart glass is replacing normal glass in the Automotive industry for items such as windshields, sun visors, sunroofs, side windows, rear-view mirrors, and dashboard displays. Smart glass windshields, sunroofs, and side windows help save energy by maintaining the interior temperature of the car in extreme weather conditions. Smart glass windshields also provide the best vision to the driver around the clock. Furthermore, electrochromic rear-view mirrors are being adopted to facilitate automatic dimming in automobiles. Thus, the Global Smart Glass market in the Automotive industry is expected to reach around US$3.47 billion by 2018 because all major automotive manufacturers are planning to adopt various types of technically advanced smart glass in their upcoming high-end cars.
Further, the report states that one of the major challenges facing this market is changing technological trends. The products of the vendors in this market are highly technology-centric, and any advancement in technology or the emergence of a new technology could render these products obsolete.
The key vendors dominating this market space include:
- Asahi Glass Co. Ltd.
- FUYAO Glass Industry Group Co. Ltd
- Nippon Sheet Glass Co. Ltd.
- Saint-Gobain S.A.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
05. Scope of the Report
06. Market Landscape
07. Geographical Segmentation
08. Vendor Landscape
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and Their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/ppxvg8/global_automotive