Published Date: 2021-11-19
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North American Automotive Glass Market size is predicted to reach USD 1,876 million by 2027, according to a latest forecast report by Graphical Research. The increasing automotive glass usage to reduce weight and decrease production processing is driving the North America product demand.
Technological advancements in the automotive glass industry have enhanced vehicle designs including cross curvature windows, glass sweeping in the roofline, and asymmetrical shapes. High flexibility in design & production offers competitive advantages for automotive glass. Increasing sales and production coupled with the changing lifestyles and high disposable incomes have encouraged the product usage. The rising importance of security and aesthetic enhancement will propel the market growth. Extensive research in aerodynamics to improve vehicle speed has resulted in many advanced designs, enhancing the automotive glass demand. The curved design of windshields will support aerodynamics, increasing the automobile speed.
One of the key trends observed in the North America automotive glass market is the use of low-e glass. Low-e glass or low-emissivity glass is a sort of environment-friendly glass that is designed to avert heat from escaping through the vehicle windows to cold exteriors. Major companies also offer a hidden coating that reflects interior heat and diminishes heat transfer back into the vehicle. The development of color-neutral glass products to improve visibility & privacy in vehicles has also been trending in the market.
However, glass manufacturing is a high-temperature process, making it a constant economic & environmental challenge for glass industries to consume the minimum energy. This heavy consumption of power & energy in glass manufacturing can prove to be an obstruction in the growth of the North America automotive glass market by 2027.
Browse detailed statistical insights from the report, “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” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1973/north-america-automotive-glass-market
The tempered glass segment dominated for over 60% market share by 2027. Tempered safety glass is widely used in the vehicle’s side and back windows. It is single layered with a thickness of around 3.15 mm. The evolution of thin automotive glass has significantly enhanced automobile weight reduction. Recent automotive trends include low-weight automobiles to improve fuel efficiency, significantly reducing carbon emissions.
The sidelite segment is anticipated to witness around 4.5% CAGR from 2021 to 2027. Sidelite is the side window in passenger cars in light or heavy commercial vehicles. The growing demand for passenger vehicles due to the rising middle-class population, is further propelling the demand for automotive, driving the market for sidelite. Moreover, sidelite glass is becoming more durable & stronger to meet the rapidly evolving safety regulations.
The aftermarket end-use segment accounted around 20% market share in 2020. The aftermarket glass industry depends on the customer preferences toward quality and cost of the product. These glasses are slightly economical as compared to OEMs. The consumption is dependent on the utility of the glass in the vehicle.
Based on different vehicles, Heavy Commercial Vehicles (HCVs) segment will grow at a CAGR of 3% during the forecast timeframe. Urbanization has led to an increase in the construction of buildings, roads, and highways, leading to the need for heavy commercial vehicles. Additionally, a rise in the number of accidents on expressways & highways has resulted in the expansion of the replacement vehicle glass demand.
The North American automotive glass market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Product
North America Market, By End-use
North America Market, By Application
North America Market, By Vehicle
The above information has been provided for the following countries:
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