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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Automotive glass market from light commercial vehicles will observe over 6.5% growth. Rapid urbanization, high transport rates and rising demand for mini-trucks and vans are the considerable factors of the product development. Increasing accident rates due to heavy traffic in urban areas has positively influenced the demand. The 2015 U.S. laminated automotive glass market was worth more than USD 800 million; stringent regulations for passenger safety and consumer awareness pertaining to health & safety will drive the regional demand. Shifting trends towards super and modified cars with increased utilization of tinted products will drive the innovation landscape China automotive glass market from OEM is estimated to witness over 7% growth up to High consumer spending on vehicles accompanied by inclination towards luxury and supercars are driving industry trends. Key Insights from Automotive Glass Market:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Laminated automotive glass market will generate over USD 9 billion valuation by Prevention from penetration, easy reparability, sound proofing and clear visibility are the substantial properties encouraging the product consumption. Consistent innovation in features has increased the overall value and complexity of the product delivered to OEMs. Global automotive glass market share is consolidated in nature with the presence of key players including Saint Gobain Sekurit, AGC, Nippon, Xinyi, Guardian and Fuyao accounting for over 50% of the industry share in Other notable players include Magna International, Inc., Shenzhen Benson, PGW, Gentex Corporation and Webasto. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis Laminated automotive glass market size was over USD 4.5 billion and is estimated to grow at over 6.5% up to Rising applications in windshield of vehicles and growing safety standards in vehicles is expected to drive the automotive glass market demand. Tempered automotive glass market is estimated to grow over 6% volume wise by It is widely utilized for sidelite and backlite in commercial vehicles. Regional Analysis U.S. automotive glass market sizewill grow at over 4.5% by Rising demand from original equipment is the key market factor in light vehicles. Stringent regulations regarding safety is expected to drive the market demand. Competitive Market Share Global automotive glass market share is consolidated with the major industry players including AGC, Saint Gobain Sekurit, Central Glass America, Shenzhen Benson, Ltd. Nippon, PPG Industries, Inc., Xinyi, Duratuf, Corning, Inc. and Guardian. 360° Analysis
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