Automotive Glass Market growth outlook with industry review and
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Posted On: 08/31/2017 2:21:01 AM
An outlook on Automotive Glass Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.
Automotive glass market is slated to experience rapid expansion, pertaining to the ever-growing automotive sector across various geographies. Evolving smart glass technology, which offers the benefits such as improved visibility, comfort, and UV rays resistance will also enhance automotive glass industry size. The robust production of light weight vehicles to increase the overall fuel efficiency is also providing a substantial impetus to the overall industry trends. As per a study conducted by Global Market Insights, Inc., automotive glass market will generate a revenue of USD 29 billion by 2024 with a CAGR estimation of more than 7% over 2016-2024.”
Request for a sample of this research report @ https://www.fractovia.org/request-sample/440
Based on the products, automotive glass market is mainly divided into tempered and laminated. Laminated automotive glass market collected a revenue of USD 4.5 billion in 2015 and will exhibit a CAGR of more than 6.5% over the years ahead. Growing utilization of windshields pertaining to safety norms will stimulate the product demand.
Passenger cars, heavy commercial vehicles, and light commercial vehicles are the major vehicle segments propelling the demand for automotive glass market. Automotive glass market from light commercial vehicles will collect a considerable revenue by 2024 with an annual growth rate of more than 6.5% over 2016-2024. Surging deployment of light commercial vehicles for the transportation of goods across rural areas is slated to enhance the industry growth.
Automotive glass finds applications in the manufacturing of windscreens, backlites, and sidelites. Windscreen application segment will register an annual growth rate of 6.7% over the coming seven years. Deployment of strict safety norms leads to the installation of windshields in the vehicles.
Asia Pacific automotive glass market will collect significant revenue over the years ahead, with China, Japan, and India as the major revenue pockets. China automotive glass industry is slated to register an annual growth rate of more than 7% over 2016-2024. Deployment of supportive FDI regulations along with presence of a strong automotive base across this region will contribute toward the industry growth. Additionally, the availability of affordable labor and land has led to automakers shifting their manufacturing base in this region.
U.S. automotive glass market will exhibit a CAGR of more than 4.5% over 2016-2024, owing to the surging requirement of the product from OEMs. Implementation of strict norms regarding vehicle safety will stimulate the product demand, especially for the production of windshields.
Make an inquiry for purchasing this report @ https://www.fractovia.org/request-purchase/440
Germany led Europe automotive glass market size in 2015 and will generate notable revenue over the coming timeframe. There has been a substantial rise in the number of investments to manufacture innovative products using automotive glass, solely for the purpose of passenger safety. In addition, increasing compliance of stringent rules and regulations about vehicle safety will augment the product demand.
Central Glass America, PPG Industries, Inc., AGC Glass Europe, Shenzhen Benson automobile glass co.,ltd., Webasto, Guardian industries, Corning, Nippon, Fuyao Glass Industry, Saint Gobain Sekurit, Magna International, Inc., Xinyi Glass, Fuso Glass India Pvt. Ltd., Duratuf Glass Industries Pvt. Ltd. and Pittsburgh Glass Works LLC are the key participants of automotive glass market.
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Contact Us:
Arun Hegde
Corporate Sales, USA
Fractovia.org
Phone: 1-302-846-7766
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Automotive glass market is slated to experience rapid expansion, pertaining to the ever-growing automotive sector across various geographies. Evolving smart glass technology, which offers the benefits such as improved visibility, comfort, and UV rays resistance will also enhance automotive glass industry size. The robust production of light weight vehicles to increase the overall fuel efficiency is also providing a substantial impetus to the overall industry trends. As per a study conducted by Global Market Insights, Inc., automotive glass market will generate a revenue of USD 29 billion by 2024 with a CAGR estimation of more than 7% over 2016-2024.”
Request for a sample of this research report @ https://www.fractovia.org/request-sample/440
Based on the products, automotive glass market is mainly divided into tempered and laminated. Laminated automotive glass market collected a revenue of USD 4.5 billion in 2015 and will exhibit a CAGR of more than 6.5% over the years ahead. Growing utilization of windshields pertaining to safety norms will stimulate the product demand.
Passenger cars, heavy commercial vehicles, and light commercial vehicles are the major vehicle segments propelling the demand for automotive glass market. Automotive glass market from light commercial vehicles will collect a considerable revenue by 2024 with an annual growth rate of more than 6.5% over 2016-2024. Surging deployment of light commercial vehicles for the transportation of goods across rural areas is slated to enhance the industry growth.
Automotive glass finds applications in the manufacturing of windscreens, backlites, and sidelites. Windscreen application segment will register an annual growth rate of 6.7% over the coming seven years. Deployment of strict safety norms leads to the installation of windshields in the vehicles.
Asia Pacific automotive glass market will collect significant revenue over the years ahead, with China, Japan, and India as the major revenue pockets. China automotive glass industry is slated to register an annual growth rate of more than 7% over 2016-2024. Deployment of supportive FDI regulations along with presence of a strong automotive base across this region will contribute toward the industry growth. Additionally, the availability of affordable labor and land has led to automakers shifting their manufacturing base in this region.
U.S. automotive glass market will exhibit a CAGR of more than 4.5% over 2016-2024, owing to the surging requirement of the product from OEMs. Implementation of strict norms regarding vehicle safety will stimulate the product demand, especially for the production of windshields.
Make an inquiry for purchasing this report @ https://www.fractovia.org/request-purchase/440
Germany led Europe automotive glass market size in 2015 and will generate notable revenue over the coming timeframe. There has been a substantial rise in the number of investments to manufacture innovative products using automotive glass, solely for the purpose of passenger safety. In addition, increasing compliance of stringent rules and regulations about vehicle safety will augment the product demand.
Central Glass America, PPG Industries, Inc., AGC Glass Europe, Shenzhen Benson automobile glass co.,ltd., Webasto, Guardian industries, Corning, Nippon, Fuyao Glass Industry, Saint Gobain Sekurit, Magna International, Inc., Xinyi Glass, Fuso Glass India Pvt. Ltd., Duratuf Glass Industries Pvt. Ltd. and Pittsburgh Glass Works LLC are the key participants of automotive glass market.
About Fractovia.org:
Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.
Contact Us:
Arun Hegde
Corporate Sales, USA
Fractovia.org
Phone: 1-302-846-7766
Email: sales@fractovia.org
Web: https://www.fractovia.org
Contact Us: Facebook | Twitter
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