Automotive glass market size worth USD 28.93 billion by 2025
“The global automotive glass market size was estimated at USD 15.79 billion in 2015 and is anticipated to witness considerable growth over the forecast period, majorly owing to increase in a number of road accidents and consumer awareness regarding the safety of the vehicles�
The global automotive glass market size is expected to reach a market size of USD 28.93 billion by 2025, according to a new report by Grand View Research, Inc. Rapidly changing consumer demand has led to numerous advancements in the technology used in manufacturing. Increasing demand for sunroof over the past years has led to increase in utilization of the product. The consumers’ high focus towards luxury is expected to propel innovation in vehicles. The automotive manufacturers now offer either built-in or optional sunroof systems, especially in mid and premium car segments. Value-added features and functions including electrically-switchable smart glass, water-repellant glass, and head-up display (HUD) have been developed in order to improve the energy efficiency and driving comfort & safety of the vehicles.
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