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

EV Charging Cables Market by Power Supply (AC and DC), Application (Private Charging and Public Charging), Length (2-5 Meters, 6-10 Meters, and >10 Meters), Shape (Straight and Coiled), Mode, Charging Level, Diameter and Region – Global Forecast to 2027

“Increasing adoption of electric vehicles and increased demand for fast charging stations are anticipated to trigger the growth of the EV charging cables market.” The global EV charging cables market is projected to grow at a CAGR of 29.8%, to reach USD 2,453 million by 2027 from an estimated USD 665 million in 2022. Factors such as rapidly developing EV infrastructure, rising EV sales worldwide, and government support on overall EV ecosystem are expected to support the EV charging cables market growth. Increasing concerns about the environment along with rapid improvements in battery and charging technologies have contributed to the growing popularity of electric vehicles. Similarly, improving vehicle range is further supporting the demand for electric vehicles across the world.......
$4950

EV Test Equipment Market by Vehicle Type (Passenger Car and Commercial Vehicle), Electric Vehicle Type (BEV, PHEV & HEV), Equipment Type, Application Type (EV Component, EV Charging, and Powertrain) and Region – Global Forecast to 2027

“The growth of the EV test equipment market can be attributed to the increasing demand for electric vehicles. The global EV test equipment market size is projected to reach USD 242 million by 2027, from an estimated USD 79 million in 2022, at a CAGR of 25.2%. The market for electric vehicles has been growing over the past few years due to the increasing demand for emission-free vehicles around the world, combined with the rising cost of fuel. Various renowned OEMs have been working on developing EVs with advanced electronic/electric components over the past few years. Due to the rapidly developing EV drivetrain technologies, government initiatives (tax rebates & subsidies), and regulations, both passenger and commercial electric vehicles have witnessed a high demand. OEMs offer a ......
$

Automotive Heat Exchanger Market by Propulsion & Component (ICE, EV), Electric Vehicle Type (BEV, PHEV, HEV), Design (Plate Bar, Tube Fin), Vehicle Type, Off-Highway Vehicle Type (Passenger Car, LCV, Truck, Bus) and Region – Global Forecast to 2027

“Increase in the penetration of hybrid and plug-in hybrid vehicles, growth in the automotive industry, and increasing adoption of HVAC systems in high-end commercial and off-highway vehicles are expected to fuel the demand in automotive heat exchanger market.” The global automotive heat exchanger market is projected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5%. Parameters such as increase in demand for hybrid and plug-in hybrid vehicles, along with steady increase in vehicle production will increase the demand for the automotive heat exchangers. In addition, the advancements in mobility solutions, paired with increase in demand for battery thermal management systems will create new opportunities for this market. “PHEV segment is expected ......
$4950

Robotics and Automation Actuators Market by Actuation (Electric, Pneumatic, Hydraulic), Application (Process Automation, Robotics), Type, Vertical (Automotive, Electronics, Healthcare), Design Characteristics & Region – Global Forecast to 2027

“Increased use of electrical actuators, and compact pneumatic actuators in robotics and automation applications are driving the market.” The robotics and automation actuators market includes various players, such as product manufacturers and solution providers. The market size of robotics and automation actuators market is estimated to be valued at USD 18.7 billion in 2022 and is projected to grow at a CAGR of 13.9% during the forecast period. The development of advanced and cost-effective robotics and automation actuators and increasing demand for industrial robots and process automation in various industry verticals are some of the opportunities impacting the growth of the robotics and automation actuators market. “Based on type, the rotary actuator segment is estimated to ha......
$4950

Special Mission Aircraft Market by Platform (Military Aviation, Commercial Aviation, UAV), Application (ISR, Command and Control, Combat Support, Air-Launch/Rocket Launch), Payload Type, End-User, Point of Sale and Region – Global Forecast to 2027

The special mission aircraft market is projected to grow from USD 15.9 billion in 2022 to USD 19.9 billion by 2027, at a CAGR of 4.6%. Aircraft OEMs and component manufacturers are focusing on innovating equipment and components for special missions due to the increasing demand for technologically advanced aircraft from military as well as commercial applications globally. Maintaining and funding innovations and managing fluctuations in aircraft build-rates are expected to result in the dynamic growth of the special mission aircraft market in the long term, particularly for the more fragmented parts of the supply chain and highly capital-intensive aero structure segments. Application segment is estimated to be the largest and fastest growing market The need for stealthy monitoring du......
$4950

Ultralight and Light Aircraft Market by Aircraft Type (Ultralight & Light Aircraft), End Use (Civil & Commercial and Military), Flight Operation (CTOL & VTOL), Technology, Propulsion, Material, System and Region – Global Forecast to 2030

“The commercialization of passenger drones is one of the key factor influencing the growth of the ultralight and light aircraft market.” The ultralight and light aircraft market is projected to grow from USD 7.5 billion in 2022 to USD 11.9 billion by 2030, at a CAGR of 5.9% from 2022 to 2030. The market is driven by the commercialization of passenger drones. However, the market's growth is limited by the regulations on use of unamnend aircrafts to foresee the market growth. The COVID-19 outbreak has had an impact on the ultralight and light aircraft supply chain. The spread of COVID-19 in the United States and Europe is expected to be slowed by lockdowns at ultralight and light aircraft vehicle research and development centres. As a result of the Asia Pacific lockdown, many busin......
$

Automotive Ambient Lighting Market by IC & Electric Vehicle (BEV, FCEV, PHEV), Application (Footwell, Door, Dashboard, Center Console), Passenger Car (C, D, E & F), Aftermarket (Country & Application (Interior & Exterior)) – Global Forecast to 2027

“Increased penetration of ambient lighting in low-mid segment cars to upsurge the automotive ambient lighting market” The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The key factors driving the market growth include increasing penetration of ambient lighting in low to mid-segment vehicles, inclination toward luxury, and increasing vehicle production. The improving economic condition of developing regions such as Asia Oceania has boosted the market for premium vehicles, which are equipped with ambient lighting. “The foot well segment for automotive ambient lighting segment is expected to hold a dominant share throughout the forecast period as most of OEMs of......
$4950

Diesel Exhaust Fluid Market by Component (SCR Catalysts, DEF Tanks, Injectors, Supply Modules, Sensors), OHV Market by Application, Aftermarket by Vehicle Type, Supply Mode (Cans, IBCs, Bulk & Pumps), End Use Market and Region – Global Forecast to 2027

“Stringent emission regulations are leading to the increased penetration of diesel SCR vehicles.” The global diesel exhaust fluid aftermarket forecasted to reach USD 50.0 billion by 2027 from USD 34.4 billion in 2020, at a CAGR of 7.8%. Governments around the globe have updated and improved their emission standards by introducing new legislation for the automotive industry to comply to. Western regions, such as the North American and European region, have introduced new regulations like the Clear Air Act of the Us which has stricter standards and wider scope for emissions. In the Asian region countries like China and India have introduced swift regulation to counter rising air pollution. The introduction of such regulations, norms and standards will drive the demand for DEF acros......
$4950

Industrial Vehicles Market in terms of Vehicle Type, Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, Aerial Work Platform (Boom Lifts, Scissor Lifts) and Region – Global Forecast to 2027

“Increasing growth of e-commerce sector, rising demand for automation solutions in material handling processes across industries and increasing focus on improving workplace safety are expected to fuel the demand in industrial vehicles market.” The global industrial vehicles market is projected to grow from USD 43.7 billion in 2022 to USD 54.3 billion by 2027, at a CAGR of 4.5%. Parameters such as increasing growth of e-commerce sector, along with the increasing demand for autonomous solutions in material handling across end-use industries will boost the demand for the industrial vehicles. In addition, the growing adoption of battery-operated industrial vehicles, paired with               the advent of smart factories in the manufacturing sector will create new opportun......
$4950

Military Battery Market by Type (Rechargeable, Non-rechargeable), Installation (OEM, Aftermarket), Application (Propulsion, Non-propulsion), Platform (Ground, Airborne, Marine), Composition, Voltage, Power Density and Region – Global Forecast to 2027

“The demand for ground vehicles and UAVs  the key factor influencing the growth of the military battery market.” The military battery market is projected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.1% from 2022 to 2027. The market is driven by rising need for ground vehicles and UAVs  in military applications. However, the market's growth is limited by the regulations on lithium batteries to foresee the market growth. The COVID-19 outbreak has had an impact on the military battery supply chain. The spread of COVID-19 in the United States and Europe is expected to be slowed by lockdowns at military battery vehicle research and development centres. As a result of the Asia Pacific lockdown, many businesses in the military battery industry have l......
$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