Global Automotive Windshield Market to Reach USD 23.24 Bn to 2025, Predicts M&M in Its New Report Recently Uploaded at MarketPublishers.com
13 Dec 2017 • by Natalie Aster
LONDON – The world’s automotive windshield market is predicted to gain momentum in the coming years and to increase from USD 14.27 billion in 2017 to USD 23.24 billion by 2025. Through to 2025, this market is poised to grow at a 6.28% CAGR, driven by rising production of passenger cars in developing countries, steady uptake in the vehicle production globally, increasing adoption of automotive windshields for the modern display technologies, enhancing usage of windshield for augmented reality applications, and expanding usage of solar reflective windshields, amid others. Still, the further market growth could be considerably restrained by fluctuating prices for glass raw materials.
Basing on glass types, the laminated glass grabs the mammoth share of the total marketplace. The laminated glass segment is set to keep on gaining traction, majorly owing to the increasing use of this type of glass (especially in front windshields) particularly in the APAC region and also such benefits as high safety and ability to protect against harmful ultraviolet rays.
Regarding material types, the thermoplastic material segment is set to hold the dominant position in the overall automotive windshield market during 2017-2025. This segment will likely be driven by the rising adoption of laminated safety glass in the front windshields manufacturing.
New research report “Automotive Windshield Market by Glass Type, Material Type, Position, Vehicle Type, Electric Vehicle Type, and Region - Global Forecast to 2025” recently issued by MarketsandMarkets (M&M) is a great source of relevant information pertaining to the current, historical and future performance of the global market for automotive windshields. The study offers a profound analysis of the major regional markets, includes an insightful overview of the market segments and estimates their shares and growth rates; looks at the market dynamics and the key market growth drivers, limiters, challenges and opportunities; examines the current and future possible development trends and opportunities. Moreover, data on the latest regulative norms and requirements, in-depth insights into the competitive scene, detailed profiles of the dominant market participants, future outlook for the market up till 2025 are also available in this cutting-edge research report.
To get access to other research publications by this publisher, you are welcome to visit its online page at MarketPublishers.com.