The global automotive glass market is expected to reach US$ 25.50 billion by 2022, registering a compound annual growth rate (CAGR) of 5.5% during the forecast period. The increasing applications of glass in passenger cars and growing vehicle production and sales are expected to drive the automotive glass market. However, the high cost of smart glass and inability to maintain the balance between thickness and strength are expected to hamper the growth of the automotive glass market.

    In this report, the global automotive glass market is segmented by type, technology, vehicle type, application, smart glass by application, and region. On the basis of type, the market is segmented into laminated, tempered, and others. The market is segmented on the basis of technology into active glass and passive glass. The active glass segment is further divided into liquid crystal/polymer dispersed liquid crystal, electro chronic, and suspended particle device. The passive glass segment is divided into photo chromic and thermo chronic.

    The market on the basis of vehicle type is segmented into bus, truck, light commercial vehicle, and passenger car. On the basis of application, the automotive glass market is segmented into side & rearview mirror, windscreen, sidelite, and backlite. In addition, the automotive smart glass market by application is segmented into side & rearview mirror, sidelite & backlite, windscreen, and sunroof.

    A glimpse of the report structure is provided in the report description available on the website.

    https://www.marketresearchengine.com/reportdetails/automotive-glass-market

    The global automotive glass market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Russia, Brazil, and GCC countries. This report includes a detailed study of the global and regional automotive glass market and analyzes the variations in the growth of the industry in certain regions.

    Nippon Sheet Glass Co., Ltd. (Japan), Asahi Glass Co., Ltd. (Japan), Saint-Gobain S.A. (France), Fuyao Glass Industry Group Ltd. (China), and Magna International Inc. (Canada) are the most active players in the automotive glass market.

    This report covers the automotive glass market, in terms of value, and forecasts the market size till 2022. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

     

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    Source: http://www.financeswire.com/global-automotive-glass-market-to-reach-us-25-50-billion-by-2022