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Automotive Glass Market Expected To Be Worth US$ 25.50 Billion By 2022

Post Time:Jun 25,2018Classify:Industry NewsView:1393

The automotive glass market is expected to grow more than US$ 25.50 Billion by 2022; Growing at a CAGR of around 5.5% in the given forecast period.

The major driving factors of automotive glass market are as follows:

Expanding vehicle sales and production
Rising application of glass in passenger cars

The restraining factors of automotive glass market are as follows:

Incapability to maintain the balance among strength and thickness
High price of smart glass

Automobile glass may look and sense similar to the ordinary glass that is used on your home windows at home or any other type of glass, but it is significantly distinct. Car glass is designed and manufactured with safety in mind, it really works with your car's shape as well as different protection features to hold occupants of the automobile as secure as possible. Mainly two types of auto glass are present such as laminated glass and tempered glass. Laminated glass is used for wind screen of the vehicles and tempered glass is used for the vehicles rear and side windows. Suspended particle tool (spd) is the quickest developing generation inside the automobile clever glass market. SPD generation offers the person giant manipulate over the natural mild, warmness, and temperature in automobile.

The scope of the report includes a detailed study of global and regional markets for Automotive glass with the reasons given for variations in the growth of the industry in certain regions.

The automotive glass Market has been segmented as below:

By Vehicle type

Bus
Truck
Light commercial vehicle
Passenger car

By Technology Analysis

Active glass
Liquid crystal/polymer dispersed liquid crystal
Electro chronic
Suspended particle device
Passive glass
Photo chromic
Thermo chronic

By Application Type:

Side view and rearview mirror
Backlite
Sidelite
Windscreen

By Type Segment

Laminated
Tampered
Others

Smart Glass Market by Application Analysis

Side/Rearview mirrors
Sidelite / Backlite
Windscreen
Sunroof

By Geographical Analysis

North America
Europe
Asia-Pacific
Rest of the World

 


Source: www.marketwatch.comAuthor: Shangyi

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