Automotive Windshield Market Growth, Size, Share, Trends, and...

Global automobile windshield market size was estimated to be around USD 22.49 billion in 2022, and with a compound annual growth rate (CAGR) of roughly 5.55% between 2023 and 2030, it is expected to reach USD 34.59 billion by 2030.

The study examines the factors driving the worldwide automobile windshield market as well as its obstacles and difficulties, as well as how these will affect demand over the forecast period. The study also looks at recently developing prospects in the auto windshield market.

Automotive Windshield Market

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Global Automotive Windshield Market: Overview

Clear vision, protection from the sun, dust, radiation, and unwanted particles, and ease of use are all made possible by car windshields. These are used to keep tourists and drivers safe by preventing distant particles from getting inside the cars. Additionally, they support the vehicle structure and bind it with polyurethane adhesive. Security glass is used in the development of car windshields, which helps to reduce the risk of severe injuries. A large portion of covered and laminated lenses are used to assemble car windshields. It gives the car powerful strength, prevents the roof from collapsing on passengers, makes it possible for the airbag to deploy correctly, and shields the occupants from impact.

Global Automotive Windshield Market: Growth Factors

During the projected period, the global automobile windshield market is anticipated to rise at a rapid rate. The rise in the manufacturing and sales of cars and auto components is one of the main factors propelling the global market. Windshield demand in the aftermarket is rising significantly on a global scale. The aftermarket for car windshields is centered on a variety of factors, including poor maintenance and windshield damage from collisions. As a result of developing technologies, a variety of specialty windshields, such as bullet resistance windshields, are available on the market to provide extra safety. Furthermore, the global automotive windshield market is expanding due to the globalization of the automobile industry. The most recent cutting-edge technologies, such as smart displays and driver assistance features, and many others are contributing significantly to the growth of the global market.

Throughout the forecast period, the rise in the production of electric cars and the adoption of new battery and display technologies are anticipated to favorably influence the direction of the worldwide automotive windshield market. The global market is expanding as a result of rising per capita income worldwide.

Global Automotive Windshield Market: Segmentation

There are various ways to segment the worldwide automotive windshield market, such by material, sales channel, location, vehicle, electrical vehicle, glass, and geography. Tempered and laminated glass are the two categories into which the market can be divided. Because solar reflective glazing increasingly uses windshields, laminated glass shields command the biggest market share in the worldwide vehicle windshield industry.The front and rear windshield markets can be divided based on position. Due to the great demand for solar and glazed reflecting windshields, the front windshield has primacy over the others. The market can be divided into heavy, light, and passenger car segments based on the kind of vehicle. Because of the rising per capita income of the population, the passenger automobile segment leads the market.

The market can be divided into three categories based on kind of electric vehicle: plug-in hybrid, battery, and hybrid. The market can be divided into thermoset and thermoplastic materials based on material. Because laminated safety glass is being used more often to create front windshields, the thermoplastic segment of the automobile windshield industry has the largest share in the world.By the sales channel, the market may be split into OEMs and others. The market is dominated by the OEM segment because vehicle safety features are getting better on a regular basis.

Global Automotive Windshield Market: Regional analysis

Due to the increasing manufacturing of automobiles in the area, Asia Pacific holds the greatest share of the worldwide automotive windshield market, particularly in developing countries like China and India. The regional market is expected to increase significantly due to the increasing investments being made in the development of road infrastructure. Due to the region's expanding technical breakthroughs and high level of disposable income, North America is likewise predicted to experience significant growth.

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