North America Automotive Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Automotive Glass Market Analysis
The North AmericaAutomotive Glass Market is projected to grow with a CAGR of more than 6% during the forecast period.
- Car glass is an important constituent of any vehicle now any vehicle have an average of around five meter square of glass in it, many technological advancements have been done in automotive glassmaking to make modern vehicles smarter.
- The automotive industry is in the era of electric, connected, and autonomous vehicles. Automakers are adopting new types of glasses for their upcoming electric vehicles, For instance, Tesla's new glass technology automotive perforated insulated glass structure can control the temperature inside the car and capable of providing noise reduction.
- Smart glasses are the latest advancements in the automotive glass market where drivers can adjust the amount of light entering the car. Smart glass runs on suspended particle devices which is a light-control technology for its property of light-blocking. The scientific process behind the smart glass is nanoparticles first absorb the light suspended in a polymeric system which is then distributed throughout a film on the glass.
North America Automotive Glass Market Trends
This section covers the major market trends shaping the North America Automotive Glass Market according to our research experts:
The Electric vehicles will provide the boost in the Market
The demand for the electric vehicle over the conventional vehicle has pushed vehicle manufacturers to equip the vehicles with new technologies that help them adapt to the changes. For instance, Tesla Model X one of the amazing features is the panoramic windshield. It is also the largest all-glass windshield in the market today with around 31 square feet of surface area. It provides uninhibited visibility, stretching out from overhead the driver and passenger, past the standard roofline.
Industry players are taking different approaches to the implementation of the latest technologies. Vehicle manufacturers are launching new models with the smart glass, and the number of display units. Also, major automakers are introducing the latest automotive glass and related technologies in their vehicle models.
For instance, in 2019, Tesla launched its futuristic electric pick-up truck named Cybertruck, which will hit the roads in 2021. The most interesting and talked about feature of this vehicle is its armored glass, which was smashed after being hit with a large steel ball bearing during launch.
The Windshield is projected to hold the major share in the Market
The present and future vehicles will be having smart windshield displays which will create a safer and convenient driving experience on roads. One of the dangers while driving in the present scenario is a distraction because smartphones are constantly taking the driver's eyes off the road. In the future, every vehicle will be containing some new windshield technology. They will better assist the driver by showing the required information. The market participants and vehicle manufacturers are enhancing and redefining their windshield technology, constantly working on new possibilities for more comfort, safety, and energy efficiency.
In 2018, Apple which is not the glass manufacturer has invested in the futuristic augmented reality windshield system. Along with that, it is also working with Volkswagen on autonomous vehicle technology.
In 2019, Vitro has announced an investment of USD 60 million in new technologies. This investment will strengthen the company's market position in automotive glass in North America. The company supplies automotive glass to original equipment manufacturers and aftermarket customers also.
Similarly, in 2018, AGC Automotive launches first neutral glass named Pure Grey. This new technology provides excellent color rendering, different from green-tinted glass which affects the perception of colors from inside and outside of the vehicle.
North America Automotive Glass Industry Overview
The North America automotive glass market is moderately consolidated, with several global players accounting for significant amounts of shares in the market. Some of the prominent companies in the North America automotive glass market are, and. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that may be used in upcoming vehicles. For instance,
- In 2019, Gauzy an Israel based material science company, along with New York's Research Frontiers announced opened a second production facility in Germany for manufacturing SPD-Smart light control film for automotive applications.
- In January 2020, BMW in CES 2020 introduced intelligent glass control in iNextits electric SUV, which is a reflective type of glass that can be activated both manually and automatically. Through various sensors, glass can pick up any specific position of the sun, through which only certain areas of the window will be adjusted to keep excessive heat and light away.
- In 2019, Continental announces the launch of intelligent glass control, through this technology the glass section can be dimmed at night or tinted in the daytime. Along with that windows behind the B-pillar can also be tinted for privacy in the rear seats on demand.
North America Automotive Glass Market Leaders
-
AGC Inc.
-
Saint Gobain
-
Fuyao Group
-
Gentex Corporation
-
Vitro, S.A.B de C.V.
*Disclaimer: Major Players sorted in no particular order
North America Automotive Glass Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Assumptions
-
1.2 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Industry Attractiveness - Porter's Five Forces Analysis
-
4.3.1 Threat of New Entrants
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Bargaining Power of Suppliers
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Type
-
5.1.1 Regular Glass
-
5.1.2 Smart Glass
-
-
5.2 By Application Type
-
5.2.1 Windshield
-
5.2.2 Rear View Mirrors
-
5.2.3 Sunroof
-
5.2.4 Other Application Types
-
-
5.3 By Vehicle Type
-
5.3.1 Passenger Cars
-
5.3.2 Commercial Vehicles
-
-
5.4 By Country
-
5.4.1 United States
-
5.4.2 Canada
-
5.4.3 Rest of North America
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Vendor Market Share
-
6.2 Company Profiles
-
6.2.1 AGC Inc.
-
6.2.2 Saint Gobain
-
6.2.3 Fuyao Group
-
6.2.4 Gentex Corporation
-
6.2.5 Vitro, S.A.B de C.V.
-
6.2.6 Samvardhana Motherson
-
6.2.7 Xinyi Glass Holdings Limited
-
6.2.8 Webasto SE
-
6.2.9 Magna International
-
6.2.10 Central Glass Co., Ltd.
-
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Automotive Glass Industry Segmentation
The North America automotive glass market demand by type, application covers the latest trends and technological development and provides analysis on the market type, vehicle type, country, and market share of major glass manufacturing companies in North America.
| By Type | |
| Regular Glass | |
| Smart Glass |
| By Application Type | |
| Windshield | |
| Rear View Mirrors | |
| Sunroof | |
| Other Application Types |
| By Vehicle Type | |
| Passenger Cars | |
| Commercial Vehicles |
| By Country | |
| United States | |
| Canada | |
| Rest of North America |
North America Automotive Glass Market Research FAQs
What is the current North America Automotive Glass Market size?
The North America Automotive Glass Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in North America Automotive Glass Market?
AGC Inc., Saint Gobain, Fuyao Group , Gentex Corporation and Vitro, S.A.B de C.V. are the major companies operating in the North America Automotive Glass Market.
What years does this North America Automotive Glass Market cover?
The report covers the North America Automotive Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Automotive Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Automotive Glass Industry Report
Statistics for the 2024 North America Automotive Glass market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. North America Automotive Glass analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
