by The automotive aftermarket glass market size is poised to grow by USD 4.88 billion by 2032 from USD 2.94 billion in 2023, exhibiting a CAGR of 5.80% during the forecast period 2023-2032.
Key Takeaways
- Asia-Pacific contributed more than 54% of market share in 2022.
- North America is estimated to expand at the fastest CAGR between 2023 and 2032.
- By product, the tempered glass segment has held the largest market share of 51% in 2022.
- By product, the laminated glass segment is anticipated to grow at a remarkable CAGR of 6.2% between 2023 and 2032.
- By vehicle type, the passenger cars segment generated over 66% of market share in 2022.
- By vehicle type, the light commercial vehicles (LCV) segment is expected to expand at the fastest CAGR over the projected period.
- By application, the sidelite segment generated over 33% of the market share in 2022.
- By application, the backlite segment is expected to expand at the fastest CAGR over the projected period.
The Automotive Aftermarket Glass Market is a dynamic sector that encompasses the replacement and repair of automotive glass components outside of the original equipment manufacturer (OEM) channels. This market plays a crucial role in meeting the increasing demand for glass replacement due to factors such as accidents, wear and tear, and environmental conditions affecting vehicle windows, windshields, and mirrors. As vehicles continue to advance in technology and design, the aftermarket glass industry becomes vital in ensuring the safety, aesthetics, and functionality of automotive glass components.
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Growth Factors
Several factors contribute to the growth of the Automotive Aftermarket Glass Market. Firstly, the rising global vehicle parc, fueled by an increase in vehicle ownership, is a significant driver for aftermarket glass demand. Additionally, technological advancements in glass materials and manufacturing processes enhance the overall quality and durability of aftermarket glass products, attracting consumers seeking long-lasting solutions. Moreover, the growing awareness and emphasis on road safety have led to increased replacement of damaged or worn-out glass components, further propelling market growth.
Automotive Aftermarket Glass Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 5.80% |
| Market Size in 2023 | USD 2.94 Billion |
| Market Size by 2032 | USD 4.88 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Product, By Vehicle Type, and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Paper Diagnostics Market Size To Rake USD 26.55 Bn By 2032
Automotive Aftermarket Glass Market Dynamics
Drivers:
The key drivers influencing the Automotive Aftermarket Glass Market include the surge in road accidents, as a significant proportion of automotive glass replacements are prompted by collisions. Furthermore, the evolving regulatory landscape that mandates the use of high-quality, certified glass in vehicles stimulates market growth. Improved insurance policies covering glass damages also drive consumers to opt for aftermarket glass solutions. The market is further driven by a trend toward customization, with consumers seeking aftermarket glass options that enhance the aesthetic appeal of their vehicles.
Opportunities:
Opportunities in the Automotive Aftermarket Glass Market arise from the increasing adoption of advanced driver-assistance systems (ADAS) in vehicles. As vehicles become equipped with more sophisticated technologies, there is a growing need for specialized glass that accommodates sensors and cameras integral to these systems. Manufacturers in the aftermarket glass industry have the opportunity to develop and supply innovative solutions that meet the specific requirements of modern vehicle designs. Additionally, expanding into emerging markets with a growing automotive sector presents a strategic opportunity for market players.
Challenges:
Despite the positive outlook, the Automotive Aftermarket Glass Market faces challenges such as price volatility of raw materials, particularly glass substrates. Fluctuations in material costs can impact the profitability of aftermarket glass manufacturers and affect pricing strategies. Moreover, the increasing complexity of modern vehicles with integrated electronic components poses challenges in replacement procedures, demanding skilled technicians. Environmental concerns related to the disposal of damaged glass also raise challenges, urging the industry to explore sustainable and eco-friendly solutions in glass manufacturing and recycling.
Automotive Aftermarket Glass Market Companies
- Saint-Gobain
- AGC Inc.
- Nippon Sheet Glass Co., Ltd. (NSG Group)
- Fuyao Glass Industry Group Co., Ltd.
- Magna International Inc.
- Xinyi Glass Holdings Limited
- Guardian Industries
- Corning Incorporated
- Vitro, S.A.B. de C.V.
- PPG Industries, Inc.
- Shenzhen Benson Automobile Glass Co., Ltd.
- Asahi Glass Co., Ltd.
- Central Glass Co., Ltd.
- Webasto SE
- Carlex Glass America LLC
Data Sources and Methodology
To gather comprehensive insights on the Global Automotive aftermarket glass Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Automotive aftermarket glass Market.
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- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Product
- Tempered Glass
- Laminated Glass
- Others
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Application
- Windscreen
- Backlite
- Sidelite
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Automotive aftermarket glass market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Automotive aftermarket glass market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Automotive aftermarket glass market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Automotive aftermarket glass market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Aftermarket Glass Market
5.1. COVID-19 Landscape: Automotive Aftermarket Glass Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Aftermarket Glass Market, By Product
8.1. Automotive Aftermarket Glass Market Revenue and Volume, by Product, 2023-2032
8.1.1 Tempered Glass
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Laminated Glass
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Others
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Automotive Aftermarket Glass Market, By Vehicle Type
9.1. Automotive Aftermarket Glass Market Revenue and Volume, by Vehicle Type, 2023-2032
9.1.1. Passenger Cars
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Light Commercial Vehicles
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Heavy Commercial Vehicles
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Automotive Aftermarket Glass Market, By Application
10.1. Automotive Aftermarket Glass Market Revenue and Volume, by Application, 2023-2032
10.1.1. Windscreen
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Backlite
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Sidelite
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
10.1.4. Others
10.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Automotive Aftermarket Glass Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 12. Company Profiles
12.1. Saint-Gobain
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. AGC Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Nippon Sheet Glass Co., Ltd. (NSG Group)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Fuyao Glass Industry Group Co., Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Magna International Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Xinyi Glass Holdings Limited
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Guardian Industries
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Corning Incorporated
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Vitro, S.A.B. de C.V.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. PPG Industries, Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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