30 Nov -0001
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.
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.
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.
The competitive field is led by large architectural and automotive glass makers.
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.
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.
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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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.