Automotive Glazing Market by Application (Sidelite, Backlite, Sunroof, Lighting, Rear Quarter Glass), Vehicle Type (Passenger Car, Light and Heavy Commercial, Off-Highway, Electric), and Region – Global Forecast to 2025

2020-08-06
Price :
Published : Aug-2020
No. of Pages : 251

“Increasing adoption of sunroof and rear quarter glass in premium vehicles and SUVs will drive the automotive (polycarbonate) glazing market.”

The global automotive glazing market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%. The demand for automotive glazing is driven by the increasing production of passenger cars and SUVs. This can be attributed to the high penetration of sunroof and rear quarter glass in premium vehicles. However, the high pricing of polycarbonate is hindering the growth of the automotive glazing market.

“Construction equipment is estimated to have the largest share in the off-highway glazing market.”

The construction equipment segment holds the largest market, in terms of value, for off-highway glazing in 2020. This can be attributed to the largest sales of construction equipment as compared to agricultural tractors. Moreover, construction equipment has a higher penetration of polycarbonate glazing due to the ROPS and FOPS mandates. These mandates provide the required protection to equipment operators. Increasing sales of construction equipment coupled with the strict ROPS and FOPS mandates are estimated to drive the glazing market for construction equipment.

 “Sidelite is estimated to be the fastest-growing application segment of the automotive glazing market.”

The sidelite segment is estimated to grow at the fastest rate, by application, during the forecast period. The major factor driving the demand for automotive glazing, by polycarbonate, is the growing focus on weight reduction by OEMs. The polycarbonate usage in sidelite will reduce the weight significantly, especially in buses, as it covers the largest surface area. As per Arrow Global, an approximately 300-pound weight reduction per 40-feet can be achieved for buses by using polycarbonate instead of glass in sidelite and other glazing applications. Apart from buses, passenger car is also estimated to witness a high adoption rate of polycarbonate sidelite. Such weight reduction may lead to fuel savings, which will drive the growth of polycarbonate in sidelite applications.

 “Asia Oceania is estimated to be the largest automotive glazing market during the forecast period.”

The Asia Oceania is projected to lead the automotive glazing market owing to high vehicle production as China and India are the production hub for passenger cars such as SUVs and premium cars. Moreover, Asia Oceania is estimated to be the largest market because of highly populated countries such as China and India, coupled with high-income economies such as Japan and South Korea.  These factors have increased the production of premium vehicles in the region, which are estimated to have high polycarbonate usage in their glazing applications. Furthermore, the increasing disposable income in the region has led to increased demand for premium passenger cars, which is estimated to drive the overall demand for automotive glazing.

The recent COVID-19 pandemic is expected to impact the global automotive industry. The entire supply chain is disrupted due to a limited supply of parts. For instance, Hubei province in China accounts for 8 -10% of the Chinese auto production and is impacted severely by pandemic. China suppliers around the globe placed production lines on halt or temporarily shut them down the production facilities. Also, legal and trade restrictions, such as sealed borders, increased the shortage of required parts. Such disruption in the supply chain is expected to affect the assembly of OEMs in Europe and North America. Thus, growth may have been derailed in 2020 owing to the COVID-19 outbreak. However, as per estimates, the Asia Oceania will witness growth in the forecast period owing to the successful containment of the virus in countries such as China, Japan, and South Korea

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:

  • By Company Type – Tier-1 – 59%, Tier-2 – 26%, and OEMs – 15%
  • By Designation — C level – 70 %, Director level – 20%, and Others – 10%
  • By Region — North America – 38%, Europe – 31%, Asia Oceania – 21%, and RoW – 10%

Note: Tier 1 player comprise of glazing manufacturers, Tier 2 player comprise of polycarbonate manufacturers, others comprise of researchers and designers in designation includes a quality engineer and design engineer

The automotive glazing market is dominated by global players and comprises several regional players. The key players in the automotive glazing market are SABIC (Suadi Arabia), Covestro AG (Germany), Teijin (Japan)  Webasto SE (Germany), and Trinseo (U.S). The study includes an in-depth competitive analysis of these key players in the automotive glazing market with their company profiles, SWOT analysis of the top 5 companies, recent developments, and key market strategies.

Research Coverage

The primary objective of the study is to define, describe, and forecast the automotive glazing market, by value and volume. The study segments the market by vehicle type (passenger car, light commercial vehicle, bus, truck), application (windscreen, sidelite, backlite, rear quarter glass, sunroof, front lighting and rear lighting), off-highway vehicle (construction vehicle and agricultural tractors), electric vehicle (BEV, FCEV, PHEV), and region (North America, Asia Oceania, Europe, RoW). The study tracks and analyzes competitive developments such as market share analysis, expansions, joint ventures, acquisitions, and other activities carried out by key industry participants.

Key Benefits of Buying the Report:

This report provides insights with reference to the following points:

  • Country-level vehicle type: The report offers in-depth market sizing and forecasts up to 2025, by vehicle type, such as passenger car, light commercial vehicle, truck, and bus. The market sizing for automotive glazing is covered at the country and regional levels that are considered in this study.
  • Application: The report offers in-depth market sizing and forecasts up to 2025, by application, such as windscreen, sidelite, backlite, sunroof, rear quarter glass, front lighting, and rear lighting. The market sizing for automotive glazing is covered at regional levels that are considered in this study.
  • Off-highway vehicle, by vehicle type: The report offers in-depth market sizing and forecast up to 2025, by off-highway vehicles, such as construction equipment and agricultural tractors. The market sizing is covered at a regional level considered in this study.
  • Electric vehicle, by vehicle type: The report offers in-depth market sizing and forecast up to 2025, by electric vehicles, such as BEV, PHEV, and FCEV. The market sizing for electric vehicles is covered for regions considered in the study.
  • The report provides “Market Ranking Analysis” of the leading players in the automotive glazing market.
  • Competitive Leaderships: To analyze the opportunities in the market for stakeholders and provide details of the competitive leadership mapping for market players
  • Player Benchmarking: To strategically profile key players and comprehensively analyze their market shares and core competencies
  • Market Development: The report provides comprehensive information about lucrative emerging markets for automotive glazing across regions.
  • Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive glazing market.
  • Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive glazing market.
Filed in: Automotive
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Air Traffic Management Market by Airspace (Air Traffic Services, Flow Management, Airspace Management, Aeronautical Info Management), Offering, Application, Services, End Use, Investment Type, Airport type and Region – Global Forecast to 2025

“Increasing investments in airports are one of the major drivers of the Air Traffic Management Market.” The air traffic management market is projected to grow from an estimated USD 9.7 billion in 2020 to USD 17.6 billion by 2025, at a CAGR of 12.6% during the forecast period. The recommencement of global economic growth, an increase in number of passenger traffic, need of airspace management and modernization of air traffic management infrastructure are expected to drive the growth of the market. The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the sudden decrease in the air traffic. This is expected to negatively impact the air traffic management market in......
$4950

Passenger Boarding Bridges Market by Elevation System(Hydraulic,Electro-mechanical), Foundation(Fixed,Moveable), Point of sale(OEM,Aftermarket), Product Type,Structure,Tunnel Type, Docking Type, Seaport-PBB and Region – Global Forecast to 2025

“High demand for large aircraft, increasing number of greenfield and brownfield airport projects, and increased spending on air side infrastructure by airport operators are the major factors driving the Passenger Boarding Bridges Market.” The global passenger boarding bridges market size is projected to grow from USD 273 million in 2020 to USD 489 million by 2025, at a CAGR of 12.3% from 2020 to 2025. The market is driven by various factors, such as the high demand for large aircraft, increasing number of greenfield and brown field airport projects, and increased spending on airside infrastructure by airport operators are driving factors assisting the growth of the passenger boarding bridges market. The passenger boarding bridges market includes major players ThyssenKrupp AG (Ger......
$4950

Electric Off-highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery Capacity, Power Output and Region – Global Forecast to 2025

“Rising demand for low noise and emission-free machines is the prominent factor for the growth of the electric off-highway vehicle market globally” The global electric off-highway vehicle market size is projected to grow from USD 6.3 billion in 2020 to USD 17.5 billion by 2025, at a CAGR 22.8%. Caterpillar (US), Komatsu Ltd. (Japan), Hitachi Construction Machinery (Japan), Volvo Construction Equipment (Volvo CE) (Sweden), and Epiroc (Sweden) are the leading manufacturers and suppliers of electric off-highway vehicles,including the electric excavator, electric loader, electric dozer, electric mining dump truck, electric lawnmower and electric tractor in the global market. Rising demand for low noise and emission-free machines like electric excavators, electric loaders, and electri......
$4950

Fuel Cell Powertrain Market by Components (Fuel Cell System, Drive System, Battery System, Hydrogen Storage System, & Others), Vehicle Type (PCs, LCV, Trucks, Buses), Power Output, Drive Type, H2 Fuel Station and Region – Global Forecast to 2025

The growth of the fuel cell powertrain market can be attributed tothe lighter weight property and significant R&D investments in fuel cell vehicles infrastructure by governments.” The global fuel cell powertrain market size is projected to grow from USD  268 million in 2020 to USD  3,797 million by 2025, at a CAGR of 70.0%. The advent of fuel efficient technology will have a significant impact on fuel cell electric vehicles, which, in turn, will drive the fuel cell powertrain market. FCEVs offer a high driving range, fast refueling, noiseless operation, and zero emission of greenhouse gases and air pollutants. Hence, their use is ideal for transportation and automotive applications. The key components of fuel cell powertrain are designed for compactness as they combine all e-......
$5650

Train Battery Market by Type & Technology (Lead Acid-Gel Tubular, VRLA, Conventional; Ni-Cd-Sinter, Fiber, Pocket, & Li-Ion), Advanced Train (Autonomous, Hybrid, Fully Battery-Operated), Rolling Stock Type, Application and Region – Global Forecast to 2030

“Rapid increase in urbanization and government initiatives for rail network expansion is the significant factor for growth of the train battery market globally” The global train battery market size is projected to reach USD 255 million by 2030, from an estimated value of USD 143 million in 2020, at a CAGR of 5.9%. The growth is influenced by factors such as rapid urbanization in emerging countries and advanced economies is considered to be one of the largest drivers of infrastructure spending over the next few decades, which is expected to bolster the demand of rail expansion. The incorporation of these developments in urban rail infrastructure is expected to lead to the demand for energy storage systems and hence is expected to propel the demand for train batteries during the fo......
$4950

Hybrid Train Market by Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar), Application (Passenger and Freight), Operating Speed (>100 km/h, 100-200 km/h, <200 km/h), Battery Technology, and Region - Global Forecast to 2030

“The growth of the hybrid train market can be attributed to the increasing trend of efficient and eco-friendly train operations across the globe.” The global hybrid train market size is projected to reach 8,389 units by 2030, from an estimated 4,904 units in 2020, at a CAGR of 5.5%. Factors such as high gasoline prices, traffic congestion, and greenhouse gas emissions have compelled railway OEMs to explore beyond the use of conventional propulsion systems in trains. The growing population triggers the global demand for rail vehicles in urban areas, where existing transportation infrastructure is proving to be insufficient. The expansion of infrastructure networks is expected to drive the demand for new rail vehicles. Increasing investments made by governments across the globe to ......
$4950

Aircraft Actuators Market by End-Use (OEM, Aftermarket), Type (Linear, Rotary), Technology (Hydraulic, Electric, Pneumatic, Mechanical), System, Application, Wing Type (Fixed Wing, Rotary Wing), Platform, and Region – Global Forecast to 2030

“Increasing demand for automation in flight control and the growing trend towards more electric aircraft (MEA) are the major factors driving the aircraft actuators market.” The global aircraft actuators market size is projected to grow from USD 9.1 billion in 2020 to USD 21.0 billion by 2030, at a CAGR of 8.7% from 2020 to 2030. The market is driven by various factors, such as the Increasing demand for automation in flight control, and the growing trend towards more electric aircraft (MEA)  are the major drivers of aircraft actuators market. The aircraft actuators market includes major players Honeywell International Inc. (US), Safran (France), Collins Aerospace (US), Moog (US), and AMETEK (US). These players have spread their business across various countries includes North Ame......
$4950

Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region – Global Forecast to 2025

“Demand for increased fuel economy, low maintenance cost, and improved performance are boosting the trend of vehicle electrification” The vehicle electrification market is projected to grow at a CAGR of 11.9% to reach USD 129.6 billion by 2025 from USD 73.7 billion. OEMs are switching from conventional technology to advanced technology for complying with the norms and increasing vehicle efficiency. There are multiple engine, transmission, and hybrid technologies that can help in improving the fuel efficiency of a vehicle. For instance, according to the US Department of Energy (US DOE), the start-stop system can improve fuel efficiency by up to 5%, based on driving and traffic conditions. Also, components such as electric oil pump and electric vacuum pump consume lesser energy than t......
$4950

Aerospace and Life Sciences TIC Market by Sourcing type (In-house and Outsourced services), Service Type (Testing, Inspection and Certification), Application (Aerospace and Life Sciences) and Region – Forecast to 2025

“Aerospace and life sciences TIC market is projected to grow at CAGR of 3.8% from 2020 to 2025” The aerospace and life sciences TIC market is expected to grow at a CAGR of 3.8% from USD 31.3 billion in 2020 to USD 37.8 billion. Some of the Factors such as implementation of advanced technologies such as AI, ML and 3D printing in aerospace and life sciences manufacturing operations and emergence to new services and solutions amidst COVID-19 such as virtual visual inspection, remote audit etc. in aerospace and life sciences components and equipment. “Aerospace and life sciences TIC market for testing services accounted for largest share in 2020” The growing demand for testing services due to the increasing number of specified standards by governments and international standar......
$4950

Automated Storage and Retrieval System (ASRS) Market with COVID-19 Impact Analysis by Type (Unit Load, Mini Load, VLM, Carousel, Mid Load), Function (Storage, Order Picking, Assembly, Distribution, Kitting), Industry, and Region- Global Forecast to 2025

“The ASRS market is projected to grow at a significant rate from 2020 to 2025. The ASRS market was valued at USD 7.3 billion in 2020 and is likely to reach USD 10.7 billion by 2025, at a CAGR of 8.0% from 2020 to 2025. An automated storage and retrieval system (ASRS) is a device used in manufacturing plants, warehouses, and distribution centers for storing and retrieving loads from one storage location to another. An ASRS comprises various computer-controlled systems and equipment that are used to store and accurately retrieve materials. COVID-19 has emerged as a global pandemic that has spread across 215 countries worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the ......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy