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Global Automotive Glass Replacement Market Size, Drivers, Trends, Opportunities And Strategies – Includes Automotive Glass Replacement Market Research

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Increased car production is likely to spur innovation in automotive glass replacement manufacturing, propelling the market during the forecast period.

 

The global automotive glass replacement market is expected to grow from $31.79 billion in 2022 to $35.19 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The global automotive glass replacement market size is expected to reach $50.33 billion in 2027 at a CAGR of 9.4%.

 

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Global Automotive Glass Replacement Market Segments Include:

  • By Product: Tempered, Laminated
  • By Vehicle Type: Passenger Car, Heavy Commercial
  • By Application: Windscreen, Backlite, Sidelite, Sunroof, Other Applications
  • By End Use: Original Equipment Manufacturer (OEM), Aftermarket Replacement (ARG)
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global automotive glass replacement market in 2021.

 

Major Market Players in the automotive glass replacement market include AGC Inc., Corning Incorporated, Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Saint-Gobain S.A, Xinyi Glass Holdings Co. Ltd., Central Glass Co. Ltd.

 

Technological developments are a prevalent trend in the automobile glass replacement business. Major automobile glass replacement firms are focusing on providing innovative solutions to strengthen their market position. Jeep Performance Parts (Mopar), a Netherlands-based automobile manufacturer, for example, developed a new, industry-leading Gorilla Glass replacement Windscreen for the latest Jeep Wrangler and Gladiator models in July 2021. This windscreen is composed of Corning Gorilla Glass, which is chemically strengthened in the same way as cell phone screens are. This windscreen is made of an ultra-thin piece of gorilla glass with a fifty-two percent thicker outer ply, making it lightweight and sturdy. Furthermore, it is more resistant to stone chips, cracks, and fractures.

 

The Automotive Glass Replacement Global Market Report 2023  provides a automotive glass replacement market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive glass replacement market forecast analyzes automotive glass replacement market size, automotive glass replacement market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

The act of replacing damaged glass components of an automobile with new ones is referred to as automotive glass replacement. It is employed to maintain the structural integrity of the vehicle, provide the driver with a clear view of the road, and ensure constant safety.

 

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