The industry analysis report titled ‘North America Automotive Glass Market Forecast 2027 By Vehicle, By Product, By End-use, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, states that North America automotive glass market is expected to garner a valuation of USD 1,876 million by 2027.
 

Technological advancements in terms of better car designs like asymmetrical forms, cross curvature windows, and glass sweeping roofline has played a crucial role in the augmentation of the North America automotive glass market in recent years.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4384869/

Further, aerodynamical research aimed at boosting vehicle speed has led to the emergence of several innovative glass designs which will bode well for the industry growth of the industry in the upcoming years.

Moving on to segmentation, the business landscape is bifurcated in terms of vehicle type (passenger cars, heavy commercial vehicle, light commercial vehicle), product offering (tempered, laminated), end-use (OEM, aftermarket), application (sidelite, backlite, windscreen), and region.

Considering vehicle type, the passenger cars segment of North America automotive glass industry is slated to record a stable growth rate of around 7% through 2027. This can be ascribed to rising passenger cars sales due to increased desire among consumers for personal mobility as the pandemic-induced restrictions are lifted. Also, demand for pickup trucks, vans, and three-wheelers has improved ten-fold since the onset of the pandemic.

Meanwhile, the light commercial vehicles segment is set to grow at a robust pace during the assessment timeframe as they play a vital role in improving fuel efficiency and facilitating the migration of rural population to urban setups.

Based on type, the tempered glass segment is predicted to account for 60% of the market revenue by 2027. Tempered glass aids in reducing the weight of automobiles as it is a single-layered safety sheet that weighs around 3.15mm.

Speaking of the competitive landscape of North America automotive glass market, major automakers are directing their efforts towards better lightweight vehicle designs to improve the consumer experience while limiting carbon footprint. This has increased competition in the industry, with Shatterprufe Windscreens, Nippon Sheet Glass Co., Ltd, Asahi Glass Co., Ltd, Guardian Industries, Webasto Group, Gentex Corporation, Independent Glass Co Ltd, LKQ Corporation, and Saint-Gobain SA as the top manufacturers.