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Automotive Laminated Glass Market by Application (Front windshield, Rear windshield, Sidelites, and Sunroof), by Vehicle Type (Passenger Cars and Commercial Vehicles), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09131
Pages: NA
Dec 2020 | 22 Views
 
Author(s) : NA
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Automotive Laminated Glass Market Outlook – 2027 

Laminated glass is a form of safety glass used in vehicles and formed by bonding layers of glass either side of a tough plastic film. Laminated glass is widely used in the front windscreen of vehicle which is subjected to very hard impacts in case of accidents. Owing to its structural formation of laminated glass, repair of car windshield has been possible as the broken pieces of glass stay attached to the plastic layer and does not shatter into small crystal-like pieces like tempered glass. Additionally, tempered glass reduces UV radiation and thereby improves visibility of driver.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, Vehicle type, Sales channel

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

SAINT-GOBAIN, Asahi India Glass Limited, Fuyao Glass America, Motherson Group, Webasto Group, GENTEX CORPORATION, Magna International Inc., Xinyi Glass, Corning Incorporated, Hitachi Chemical Co.,


COVID-19 scenario analysis: 

  • The COVID-19 is a spreading at a rapid rate and is having a widespread effect along with unique set of challenges to automotive manufacturers.
  • With production shutdowns taking effect, automotive companies need to remain focused and nimble to better navigate this crisis.
  • Although, the sales of vehicles will grow with the reduction in use of public transport. This, in turn, would increase the sales of automotive laminated glass market. However, the sales of high-end vehicle would remain affected due to the pandemic.
  • Additionally, the significant increase in number of daily commuters is anticipated to increase due the pandemic. As laminated glass have an advantage of temperature control and better strength, the preference of daily commuters would shift towards laminated glass, which in turn, would increase its demand.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Major driving factor of automotive laminated glass market is safety as it has more resistance to breakage in a crash. Additionally, as the laminated glass remains intact even when broken, the risk of damage to airbags is reduced and plays a vital role in human safety in case of accident. Likewise, automotive laminated glass provides security to passengers from attacks from outside as it has very high strengths. Moreover, it has better resistance to noise which is proliferating the market growth. However, high cost associated with laminated glass could hamper the market. Further, it lowers the temperature in the inside of car due to its resistance to ultraviolet rays and also increase the life of upholstery in vehicle. 

The Automotive laminated glass market trends are as follows:

Increase in adoption of laminated glass

Owing to the benefits offered by laminated glass, the consumers are demanding laminated glass from automakers. Additionally, the market is expected to increase due to electrical and autonomous vehicles. Moreover, there has been exponential increase in aftermarket installation of laminated glass as tempered glass were used in vehicles historically. Also, laminated glass offers better visibility than tempered glass and hence the sales of laminated glass has increased in recent years.

Growth in demand for security

With installation of tempered glass in vehicle, the security of vehicle is enhanced as it has better resistance to shattering and also provides protection against adverse weather conditions. High-end cars use laminated backlights with embedded tungsten wires for defrosting purposes. The use of laminated side glass started with popular passenger car models such as Audi A8(1994) followed by Mercedes S class (1996) and Volvo S80.

Key segments covered:

Segments

Sub-segments

  Application

  • Front windshield
  • Rear windshield
  • Sidelites
  • Sunroof

  Vehicle type

  • Passenger cars
  • Commercial vehicles

  Sales channel

  • OEM
  • Aftermarket

 

Key benefits of the report:

  • This study presents the analytical depiction of the automotive laminated glass industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed automotive laminated glass market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the automotive laminated glass market research report:

  • What are the leading market players active in the Automotive laminated glass market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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