The latest report by IMARC Group, titled “India Automotive Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights into the automotive glass market share in India. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The India automotive glass market size reached US$ 821.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,138.7 Million by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
India Automotive Glass Market Overview:
Automotive glass plays a crucial role in vehicle safety, aesthetics, and functionality. It is a specialized type of glass designed to meet the unique requirements of automobiles. It comes in two primary forms, including laminated glass and tempered glass, each serving distinct purposes. It consists of two layers of glass sandwiching a layer of polyvinyl butyral (PVB) resin. This design prevents the glass from shattering upon impact, reducing the risk of injury during accidents.
It also offers the benefit of noise reduction and protection from harmful UV rays, enhancing driver comfort. Tempered glass, on the other hand, is employed for side and rear windows. It undergoes a specialized heating and cooling process that makes it significantly stronger than regular glass. When it does break, it shatters into small, safer pieces, minimizing the risk of sharp glass fragments causing harm.
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India Automotive Glass Market Trends:
The expansion of the automotive industry is driving the market in India. As more consumers opt for personal vehicles, there is a rising demand for automotive glass, both for original equipment manufacturers (OEMs) and the aftermarket. Moreover, the integration of smart glass technology, such as heads-up displays (HUDs) and augmented reality (AR) windshields, has improved the driving experience and safety features of vehicles, thus supporting the market.
Consumers are increasingly valuing these advanced technologies, contributing to market growth. Environmental concerns have also influenced the automotive glass market. Besides, manufacturers are developing lightweight and energy-efficient glass solutions that reduce the overall weight of vehicles, improving fuel efficiency and reducing carbon emissions. This aligns with the global trend toward sustainable and eco-friendly automotive solutions.
Key Market Segmentation:
Breakup by Glass Type:
- Laminated Glass
- Tempered Glass
- Others
Breakup by Material Type:
- IR PVB
- Metal Coated Glass
- Tinted Glass
- Others
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Trucks
- Buses
- Others
Breakup by Application:
- Windshield
- Sidelite
- Backlite
- Rear Quarter Glass
- Sideview Mirror
- Rearview Mirror
- Others
Breakup by End User:
- OEMs
- Aftermarket Suppliers
Breakup by Technology:
- Active Smart Glass
- Suspended Particle Glass
- Electrochromic Glass
- Liquid Crystal Glass
- Passive Glass
- Thermochromic
- Photochromic
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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