DUBLIN—Research and Markets has announced the addition of the "Automotive Glass Market - Global Forecast to 2021" report to their offering.
The automotive smart glass market is projected to grow at a CAGR of 5.46% from 2016 to 2021, to reach a market size of USD 25.12 billion by 2021.
The major drivers of this market are the increasing global vehicle production, progressively stringent safety regulations, changing consumer preferences, and demand for lightweight glass that increases the fuel efficiency of the vehicle. Upcoming smart glass technologies are contributing to the growth of the automotive glass market, as smart glass provides benefits such as enhanced visibility, protection from ultraviolet (UV) rays, and increased comfort.
Asia-Oceania is estimated to dominate the automotive glass market, and is projected to grow at the highest CAGR during the forecast period. This growth can be credited to the improving socio-economic conditions in emerging economies such as China, India, Indonesia, and Thailand. The sizeable populations in countries such as China and India have resulted in an increased vehicle parc, which has boosted the demand for automotive glass.
A key factor restraining the growth of the automotive glass market is the high cost of smart glass, which restricts the use of this technology in entry-level and mid-segment vehicles and limits its widespread adoption to premium luxury vehicles. The automotive glass market is dominated by a few global players, and comprises several regional players.
Companies Mentioned:
- Asahi Glass Co., Ltd.
- Fuyao Glass Industry Group Co., Ltd.
- Gentex Corporation
- Inteva Products
- Magna International Inc.
- Nippon Sheet Glass Company., Limited (NSG)
- Saint Gobain S.A.
- Samvardhana Motherson Automotive Systems Group Bv (SMRPBV)
- Webasto SE
- Xinyi Glass Holdings Limited
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Smart Glass Market, By Technology
7 Automotive Smart Glass Market, By Application
8 Automotive Glass Market, By Application
9 Automotive Glass Market, By Region, Vehicle Type, & Glass Type
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/k3bhxf/automotive_glass
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Related Topics: Automotive Parts, Telematics and Vehicle Electronics, Automotive Body, Trim and Glass