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Automotive Sidelite Market by Time (Front Sidelite and Rear Sidelite) and Application (Passenger Vehicle and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2021–2027

A10754
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Jun 2021 | 65 Views
 
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Automotive Sidelite Market Outlook – 2027

Windows in a vehicle that are not the windshield or backlight are called sidelite. Some people refer to these windows as the roll-downs (or roll-ups), as these are the windows that can be opened and closed by a mechanism that allows them to slide up and down. The windows that do not open and that are installed immediately in front or behind the operational windows are called the quarter glass. Sidelights (sometimes called parking lights) are usually contained in the same headlight unit as normal headlights and full beams both front corners of car. Owing to increase in trade barriers, the demand for automobiles is likely to increase, which is expected to boost the growth of the automotive sidelite market during the forecast period.

Automotive Sidelite Market

Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type and Application

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa)

  Companies covered

Saint-Gobain, Asahi Glass Co., Ltd, Fuyao Glass Industry Group Co. Ltd, Nippon Sheet Glass Co. Ltd, Guardian Industries, and Atul Automotive Safety Glass Industries

 

COVID-19 scenario analysis

  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of automotive sidelite across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of automotive sidelite, which negatively impacts the market growth.
  • However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

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

Some of the factors that boost the growth of the global automotive sidelite market are increase in use of sidelight as parking light and rise in applications of automotive sideline. However, low familiarity of engineers in advanced plastic glazing and high cost of polycarbonate are anticipated to hamper the growth of the market. Conversely, increase in adoption of polycarbonate glazing applications such as windshields and polycarbonate usage to remove blind spot area-A-pillar are expected to offer lucrative opportunities for the market in the forecasting period.

The automotive sidelite market trends are as follows:

Increase in use of sidelight as parking light

The sidelight is considered as the parking light, which serves as an alternative to the dipped beam headlight. Moreover, drivers turn on their sidelights when it is dark or cloudy and the natural lighting is low, but not dark enough to turn on their dipped beams. Hence, increase in usage of sidelight for various purposes is expected to boost the automotive sidelight market in the forecasting period.

Increase in applications of automotive sidelite

Sidelight finds its application in windshield, backlite, rear quarter glass, and side & rear-view mirrors. It serves various purposes of parking light & dipped beam headlights in different situations, which is boosting the growth of the market. In addition, sidelite is the largest and fastest-growing smart glass application in the automotive smart lighting market. It provides more control to the user to manage the lighting of the vehicle as per the requirements. Therefore, surge in demand for luxurious vehicles across the globe is expected to boost the growth of the automotive sidelite market during the forecast period.

Key segments covered

Segments

Subsegments

  Type

  • Front Sidelite
  • Rear Sidelite

  Application

  • Passenger Vehicle
  • Commercial Vehicle

Key benefits of the report

  • This study presents the analytical depiction of the automotive sidelite market 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 a detailed analysis of the automotive sidelite market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the automotive sidelite market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the automotive sidelite market research report:

  • Which are the leading players active in the automotive sidelite market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of 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.

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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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