DUBLIN--(BUSINESS WIRE)--The "Global Automotive Glass Market - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
With the increase in the demand in the automobile sector year after year, the components used to build an automotive are expected to be automatically consumed more. The market is expected to register a CAGR of around 7% till the estimated period of 2023.
Smart glass is forecasted as the future of the automotive industry. High-end carmakers, like Daimler AG is putting a lot of efforts to make this into a reality in four-wheel drive.
Increasing usage of sunroof glass particularly in high-end vehicles is anticipated to have a positive impact on the market growth. In addition, advancements in vehicle design have led to the increase in the size of the windshield and side windows, thereby leading to industry development.
Technological advancement in the automotive industry would help in the maximum fuel efficiency and safety to the passengers. Therefore, this has influenced the manufacturers towards extensive R&D which is expected to fuel automotive glass market growth. Lightweight properties, along with better security are the key factors stimulating product penetration in the industry.
The high casualty rate in automobile accidents has brought automobile safety into focus. This has emerged as a driver for the automotive glass market as automobile manufacturers are pushing the Original Equipment Manufacturer (OEMs) to manufacture glass of highest safety standards for all automobile segments.
- March 2018: The merger of J.N. Phillips and Techna Glass results in the second largest automotive glass company
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Overview and Technological Trends
5. Market Dynamics
6. Global Automotive Glass Market Segmentation, by Type
7. Global Automotive Glass Market Segmentation, by Application
8. Global Automotive Glass Market Segmentation, by Vehicle Type
9. Global Automotive Glass Market Segmentation, by Geography
10. Competitive Landscape
11. Company Profile
- Asahi Glass
- Benson Auto Glass
- Carlex Glass
- Fuyao Glass Industry Group
- Hitachi Chemical
- Magna International
- Nippon Sheet Glass
- Polytronix Glass
12. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/34l7km/global_automotive?w=4