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Automotive Aftermarket Glass Market Trends: the global market size is projected to reach USD 4.96 billion by 2029
The automotive aftermarket glass refers to the replacement or repair of the glass components used in vehicles, such as windshields, side windows, and rear windows, after they have been damaged or broken.
According to the new market research report “Automotive Aftermarket Glass - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Automotive Aftermarket Glass market size is projected to reach USD 4.96 billion by 2029, at a CAGR of 4.8% during the forecast period.
- Global Automotive Aftermarket Glass MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Automotive Aftermarket Glass - Global Market Insights and Sales Trends 2024”
- Global Automotive Aftermarket Glass Top8Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Automotive Aftermarket Glass - Global Market Insights and Sales Trends 2024”
According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Aftermarket Glass include Nippon Sheet Glass, Xinyi Glass, etc.
In 2022, the global top three players had a share approximately 66.0% in terms of revenue.
- Automotive Aftermarket Glass,Global Market Size, Split by Product Segment
Source: QYResearch, "Automotive Aftermarket Glass - Global Market Insights and Sales Trends 2024”
In terms of product type, currently Laminated Glass is the largest segment, hold a share of 95.1%.
- Automotive Aftermarket Glass,Global Market Size, Split by ApplicationSegment
Source: QYResearch, "Automotive Aftermarket Glass - Global Market Insights and Sales Trends 2024”
In terms of product application, currently Passenger Cars is the largest segment, hold a share of 71.5%.
- Automotive Aftermarket Glass,Global Market Size, Split by Region
Source: QYResearch, "Automotive Aftermarket Glass - Global Market Insights and Sales Trends 2024”
Market Drivers:
Increasing number of vehicle accidents leading to the replacement of damaged glass components.
Growing demand for customization and aesthetic enhancements in the automotive aftermarket segment.
Technological advancements in glass manufacturing leading to improved durability and safety features.
Restraint:
High competition from OEM (Original Equipment Manufacturer) glass suppliers in the automotive industry.
Stringent regulations and safety standards governing the manufacturing and installation of automotive glass.
Fluctuating prices of raw materials, such as glass and resin, affecting profitability in the aftermarket glass sector.
Opportunity:
Rising adoption of advanced driver assistance systems (ADAS) requiring specialized glass components, driving aftermarket glass sales.
Expansion of the automotive aftermarket sector in emerging markets with increasing vehicle ownership rates.
Development of innovative glass solutions, such as self-repairing or anti-glare coatings, to meet evolving customer demands.
About The Authors
Tongtong Niu - Lead Author
Email: niutongtong@qyresearch.com
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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