Global Automotive Glass Market to See 7.73% CAGR to 2022, Projected Market Research Future in Its Report Available at MarketPublishers.com25 Jul 2017 • by Natalie Aster
LONDON – The rapid development of the automotive industry results in an upsurge in the demand for automotive glass. Growing vehicle production and sales will likely result in an increased uptake of automotive glass market. The elevated demand for luxury and value added features, such as electronically switch enabled smart glasses, among others, is amid the key factors giving a boost to the automotive glass market.
In addition, benefits like thermal comfort and noise minimisation offered by automotive glass are anticipated to support the market growth. Furthermore, the soaring requirement of weight reduction in automobiles is expected to boost the demand for ultra-thin and tough windshield glasses for high-end vehicle models.
Meantime, high cost associated with producers and poor awareness about benefits and usability are hindering the growth of the market to a great degree.
The worldwide automotive glass market is expected to register a CAGR of 7.73% in the offing.
In-demand topical report “Global Automotive Glass Market Research Report- Forecast 2023” created by Market Research Future offers an all-round assessment of the market structure in tandem with detailed projections for overall automotive glass marketplace and its different segments and sub-segments. It gives deep insights into the factors having a bearing on the market growth; includes Porter’s five forces analysis of the market. The research study offers historical and forecast revenue data for the market segments and sub-segments by 4 key regions (North America, Asia, Europe, and ROW). The report includes actual market size and future prospects of the different national markets. For the key country markets, the report includes detailed segmentation by type, vehicle, applications and sub-segments. It profiles the top 10 participants in the market, covering their core competencies, and draws the overall competitive scenario including emerging trends adopted by the dominant players. The publication provides an all-round market analysis, SWOT analysis and related strategical information.
More in-demand studies by this publisher can be found in the Market Research Future catalogue at MarketPublishers.com.