Automotive Windshield Market

Automotive Windshield Market – Overview

The global automotive windshield market is estimated to rise at a healthy rate from 2021 to 2031 (forecast period). The automotive industry has grown tremendously over the years. The global demand for vehicles has increased due to a growing population. Moreover, due to the rising demand for vehicles, the demand for automotive components has also grown considerably, particularly in nations such as India and China. Furthermore, new vehicle model introductions and rising demand for luxury and premium class cars have raised the demand for exterior elements such as a windshield.

Rising vehicle production and increased use of windshields for cutting-edge display technologies is expected to drive the global automotive windshield market during the forecast period. Moreover, the worldwide automotive industry's expansion is anticipated to propel the automotive windshield market.

Automotive Windshield Market – Competitive Landscape

Prominent players active in the global automotive windshield market are Fuyao Glass, Asahi Glass, Saint-Gobain, Xinyi Glass, Shenzhen Automobile, Nippon Sheet Glass, Vitro, and Central Glass.

Companies all over the world are striving to expand their product portfolios by introducing new items in the market in order to address the growing demand for automotive windshields.

Automotive Windshield Market – Trends and Opportunities

The surge in vehicle output, sales, and vehicle parts is projected to drive the global automotive windshield market during the forecast period. Since every vehicle is required to have a windshield, the automotive windshield market is closely tied to worldwide vehicle production. Increasing vehicle production is expected to drive the automotive windshield market during the projected period. In the aftermarket, there is also a high need for automotive windshields. The automotive windshield aftermarket is dependent on the breaking of the windshield as a result of poor maintenance, accidents, and so on.

Smart displays and driver assistance functions such as advanced driver assistance systems (ADAS) are anticipated to propel the global automotive windshield market. With technological improvements penetrating the automotive industry, ADAS are becoming increasingly popular around the world. This technology is now being implemented into automotive windshields to aid driver safety. Moreover, technology behemoths are focusing on developing augmented reality in automotive windshields via the internet of things. Using augmented reality in automotive windshields, drivers and passengers can make real-time calls with passengers in separate vehicles. During the forecast period, such factors are expected to boost the worldwide automotive windshield market.

Other factors likely to contribute to market expansion include a developing economy combined with increasing demand for automobiles, an emphasis on weight reduction of vehicles and greater fuel-saving, and demand for laminated side glazing.

Moreover, the increased use of solar reflective windshields is expected to provide the global automotive windshield market with numerous opportunities over the projected period. Solar reflective windshields are popular due to their appealing qualities, such as reducing fuel consumption and air-conditioning load, shortening cool-down time, and minimizing skin irritation from direct sunlight.

Automotive Windshield Market – Regional Landscape

The Asia Pacific automotive windshield market is anticipated to grow during the forecast period due to increased vehicle production, greater public awareness of UV ray protection, and increased use of windshields for display reasons. Moreover, due to the existence of significant players in this region, China, India, and Japan are expected to make significant contributions to the automotive windshield market in Asia Pacific.

The automotive windshield market in Europe is projected to expand during the forecast period due to huge R&D efforts by key companies in order to create innovative windshields that meet government standards and consumer demand. Moreover, Germany is expected to contribute considerably to the automotive windshield market in Europe.