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North America Automotive Glass Market Forecast 2027 By Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Product (Laminated, Tempered), By End-use (OEM, Aftermarket), By Application (Sidelite, Backlite, Windscreen), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: October 2021 | Publisher: Graphical Research Report ID: GR1973 | Delivery : PDF  Request Free Sample

North America Automotive Glass Market size surpassed USD 1,372 million in 2020 and is anticipated to exhibit 3.8% CAGR from 2021 to 2027. Consistent innovations in product features have increased the overall value and complexity of the automotive glass, propelling the market demand. Stern guidelines pertaining to glass security will further boost the market growth.

North America Automotive Glass Market Value

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The COVID-19 pandemic has negatively impacted the market revenue. The sudden pause in the automotive industry has created a ripple effect on the automotive glass industry, decreasing the production of automotive glass. However, long-term economic recovery is expected to increase the demand for the market.

North America Market, By Product

The laminated glass segment will dominate around 60% market share by 2027. The shifting preference toward laminated side glazing will enhance product development. OEMs are focused on standardizing side glazing in vehicle production. Laminated side glazing provides substantial features including impact & scratch resistance. Laminated glass is highly durable and provides high UV resistance.

North America Market, By Vehicle

North America Automotive Glass Market, By Vehicle

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The passenger cars segment will witness around 7% CAGR during the forecast timeframe. The increase in the demand for pickup vans, trucks, and three-wheelers for transporting goods from one place to another has impelled the market revenue. The migration of the population from rural to urban areas is also leading to an increase in the demand for light commercial vehicles for transporting household goods. A light commercial vehicle can carry three tons of goods at a time.

North America Market, By Application

Windshields accounted for over 40% market share in 2020. Windscreens can be made by laminated & tempered glass. Nevertheless, laminated glass-based windscreens are more expensive in comparison to their counterparts. In addition, innovative technologies are continuously being introduced to enhance the automobile driving experience.

North America Market, By End-Use

North America Automotive Glass Market Value Share, By End-Use

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The OEM segment is projected to grow at a considerable CAGR of 4% through 2027. Increasing automobile production is a key driving factor that propels the market demand. Automotive glass is installed in vehicles during new vehicle manufacturing and is also supplied to garages for replacements. Increasing safety concerns coupled with warranty and insurance offered are the key factors driving the market demand.

Competitive Industry Landscape

The key companies operating in the North America automotive glass industry include Saint-Gobain, Shatterprufe Windscreens, Asahi Glass, LKQ Corporation, Central Glass America Inc., Independent Glass, Nippon Sheet Glass Co. Ltd., Corning Inc., Vitro, Guardian Glass, Webasto, Gentex Corporation, and Magna International Inc.
 

Frequently Asked Question(FAQ) :

The industry share for automotive glass in North America was over USD 1,372 million in 2020 and will grow at a rate of 3.8% through 2027 owing to severe guidelines pertaining to glass security and ongoing product feature innovations.
The market revenue for automotive glass in North America from passenger cars is expected to record a 7% CAGR up to 2027 owing to the swelling adoption of pickup vans, trucks, and three-wheelers to transport goods from one place to another.
Windshields held more than 40% of the overall regional market share in 2020 as they can be made using both laminated & tempered glass.
Saint-Gobain, Asahi Glass, LKQ Corporation, Independent Glass, Nippon Sheet Glass Co. Ltd., Corning Inc., Vitro, Guardian Glass, Webasto, Gentex Corporation, and Magna International Inc. are major industry players in the region.

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