Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Automotive Glass Replacement Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The automotive industry continues to witness notable developments with the launch of an in-depth market research report highlighting the rapid expansion of the automotive glass replacement market. This comprehensive report sheds light on the impressive growth projected for the market, which is expected to escalate to $54.39 billion by 2028, marking a robust 9.5% CAGR from 2024.
The report covers key drivers propelling this growth, such as the proliferation of advanced driver assistance systems (ADAS) in modern vehicles, significant strides in glass material technologies, and the increasing popularity of electric vehicles. Such trends underscore the market's evolving landscape, steering the industry toward new opportunities and innovative solutions that cater to a global clientele.
Asia-Pacific is spotlighted as the largest and fastest-growing region within the market, demonstrating dynamic progress and a potential hub for future market developments. The heightened production and sales of electric vehicles in this region play a crucial role in steering market dynamics.
The research delves into the multifaceted nature of the market, discussing the diverse types of automotive glass replacement products such as tempered and laminated glass. With applications spanning from windshields to sunroofs, the market meets the needs of various segments including passenger cars and heavy commercial vehicles.
Technological advancements are one of the prime focal points in the report. Industry leaders are elevating their market positions by integrating state-of-the-art solutions such as Gorilla Glass windshields in off-road vehicles to boost durability and performance.
- The strategic partnerships among key players surface as significant market trends, enabling companies to expand their services and enhance consumer experience.
- In pivotal industry moves, acquisitions by companies like Safelite Group Inc. reveal the strategic efforts to advance market reach and reinforce customer service excellence.
The automotive glass replacement market report further provides a thorough analysis of the current scenario and future prospects, encapsulating the market's pulse. It serves as a crucial tool for stakeholders, offering insights into regional market shares, competitive landscapes, and detailed market segmentations.
This market research report is integral for those looking to tap into the automotive sector's potential, understanding the trends that define consumer demands and the technological developments that are shaping the future of automotive glass replacement.
A selection of companies mentioned in this report includes
- AGC Inc.
- Corning Incorporated
- Fuyao Glass Industry Group Co. Ltd.
- Nippon Sheet Glass Co. Ltd.
- Compagnie de Saint-Gobain SA
- Xinyi Glass Holdings Co. Ltd.
- Central Glass Co. Ltd.
- Guardian Industries LLC
- Vitro S.A.B. de C.V.
- Gentex Corporation
- Pittsburgh Glass Works LLC
- Samvardhana Motherson Group
- Hitachi Chemical Co. Ltd.
- Magna International Inc.
- PGW Auto Glass LLC
- Polytronix Inc.
- Olimpia Auto Glass Inc.
- Shatterprufe Ltd.
- Taiwan Glass Ind Corp.
- Aziayecam Group
- Kaycan Ltd.
- Webasto Group
- Bent Glass Design Inc.
- Ditto Sales Inc.
- Gerber Glass & Trim Co.
- N.T. Ruddock Co.
- Newport Industrial Glass Inc.
- O'Reilly Auto Parts Inc.
- Pellets LLC
- Safelite Inc.
- S.I. Howard Glass Co. Inc.
- SecurGlass LLC
- Osram Sylvania Inc.
- Swift Glass Company Inc.
- The Glass Guru Enterprises Inc.
- The Pink Plumber
- The Window Source LLC
- Viracon Inc.
- Webasto SE
- Ziebart International Corporation
For more information about this report visit https://www.researchandmarkets.com/r/tj5ync
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