Automotive Windshield global market 2024 to reach $29.46 billion by 2028 at rate of 8.4%

The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033

LONDON, GREATER LONDON, UNITED KINGDOM, September 17, 2024 /EINPresswire.com/ -- The automotive windshield market has experienced robust growth in recent years, expanding from $19.69 billion in 2023 to $21.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to safety regulations, increased vehicle production, rising focus on vehicle safety, consumer demand for comfort, environmental considerations.

What Is The Estimated Market Size Of The Global Automotive Windshield Market And Its Annual Growth Rate?
The automotive windshield market is projected to continue its strong growth, reaching $29.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to urbanization, advanced driver assistance systems (ADAS), autonomous vehicles, stricter safety standards, connectivity features, sustainable materials.

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Growth Driver Of The Automotive Windshield Market
The increasing growth of the automotive industry is expected to propel the growth of the automotive windshield market going forward. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. Windshields are used in automobiles to protect the occupants and the interior from dust, rain, wind, and other outside elements. Also, this helps in strengthening the structure of cars.

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Who Are The Key Players Shaping The Automotive Windshield Market Trends?
Key players in the automotive windshield market include Compagnie de Saint-Gobain SA, AGC Inc., Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Guardian Industries Corp., Central Glass Co. Ltd., Sisecam Group, Shenzhen Benson Automobile Glass Co. Ltd., Xinyi Glass Holdings Limited, Vitro SAB de CV, Safelite Group Inc., PPG Industries Inc., Olimpia Oto Camlari AS, GIS GmbH, T&S Auto Glass Inc., Shatterprufe Pty Ltd.

What Are The Dominant Trends In Automotive Windshield Market Growth?
Technological advancements are a key trend gaining popularity in the automotive windshield market. Major companies operating in the automotive windshield sector are focused on developing new technologies to sustain their position in the market.

How Is The Global Automotive Windshield Market Segmented?
1) By Glass Type: Laminated Glass, Tempered Glass
2) By Material Type: Thermoset Material, Thermoplastic Material
3) By Windshield Position: Front Windshield, Rear Windshield
4) By Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)

Geographical Insights: Asia-Pacific Leading The Automotive Windshield Market
Asia-Pacific was the largest region in the automotive windshield market in 2023.The regions covered in the automotive windshield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Automotive Windshield Market Definition
Automotive windshields refer to a transparent screen that is made of laminated safety glass and has a piece of plastic sandwiched between two layers of glass. The automotive windshield is used to protect the vehicle's occupants and interiors from various elements of nature, such as dust, rain, insects, wind, and other outside elements that are encountered on the road.

Automotive Windshield Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global automotive windshield market report covering trends, opportunities, strategies, and more
The Automotive Windshield Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on automotive windshield market size, automotive windshield market drivers and trends, automotive windshield market major players, automotive windshield competitors' revenues, automotive windshield market positioning, and automotive windshield market growth across geographies. The automotive windshield market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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