- Press Release -

Automotive Windshield Market to Reach US$ 17.6812 Bn by 2022 at 5.2% CAGR, Fact.MR Report

30 Nov -0001

  • The global automotive windshield market is set to grow from about US$ 14 Bn in 2017 to US$ 17.6812 Bn by 2022 at a 5.2% CAGR.
  • Growth tracks vehicle production closely, since every vehicle needs a windshield.
  • Passenger cars are the most lucrative vehicle segment, with LCVs and HCVs growing moderately.
  • Glass leads by material and accounts for the largest revenue by 2022.
  • The aftermarket is the dominant sales channel, ahead of OEM.
  • Asia Pacific excluding Japan leads by region, while the Middle East and Africa stay sluggish.
  • Electronic features are lifting demand for heated and HUD windshields.
  • Stable raw material prices are the principal support for market growth.

Rockville, Md. The global automotive windshield market is set to grow from close to US$ 14 Bn in 2017 to US$ 17.6812 Bn by 2022, a 5.2% CAGR that Fact.MR ties directly to how many vehicles are built and kept on the road. Since every vehicle needs a windshield, demand moves in step with production and the wider vehicle parc.

Passenger cars generate most of the demand, glass remains the material of choice, and the aftermarket leads distribution. Asia Pacific excluding Japan stays at the front, while special-purpose and electronic windshields open a higher-value tier of the market.

Vehicles, Materials and Channels

Passenger cars are the most lucrative segment, helped by cheaper car loans that put larger, pricier vehicles within reach, while light and heavy commercial vehicles add moderate volume. Glass keeps its lead by material and carries the largest revenue through 2022. On distribution, the aftermarket dominates as windshields are replaced over a vehicle's life, with OEM fitment growing more slowly.

Asia Pacific excluding Japan remains the largest region on steady expansion, while the Middle East and Africa trail. A parallel shift is under way in technology, as electronic systems in passenger cars lift demand for heated windshields, high-speed wiring, connectors and head-up display glass.

Production and Technology Drive Demand

Two forces keep the market moving. Rising vehicle output enlarges the base need for windshields, while OEMs work on glass with virtual enhancements and fewer distractions. Stable prices for raw materials such as calcium oxide, silica and sodium oxide have held windshield pricing steady, supporting demand through the forecast period.

Suppliers and Their Playbook

The competitive field is led by large architectural and automotive glass makers.

  • Saint-Gobain SA, Vitro, Fuyao Glass Industry Group Co., Ltd., Xinyi Glass Group, Asahi Glass Co., Ltd., Safelite Auto Glass, Nippon Sheet Glass Co. Ltd., Racing Shields, Guardian Industries, and Gerber Collision & Glass Inc. are among the key players in the report.

Reading the Market for Decisions

For suppliers, growth favours those adding electronic and head-up display capability while holding cost. Investors get a market with dependable, production-led demand. Procurement teams can plan around the aftermarket leading supply, glass carrying volume, and Asia Pacific offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global automotive windshield market for the 2017 to 2022 forecast period, with segmentation by vehicle type, material, sales channel and region. It sizes each segment, maps the competitive field, and weighs the production and technology forces shaping demand. Further detail is available in the automotive windshield market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Automotive Windshield Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.