Global Automotive Glass Market Size, Share, Outlook, and Opportunity Analysis, 2022-2028
Production of lightweight and
electric vehicles has increased as a result of a growing focus on fuel economy
and the reduction of harmful emissions from vehicles. In the upcoming years, it
is anticipated that this will increase the demand for glass in the automotive
industry. Over the past several years, the automotive industry has seen
significant technological advancements. Despite a decline in overall vehicle
production, commercial vehicle and electric vehicle production are expected to
rise and support the demand for automotive glass over the forecast period.
Additionally, solar technology is
being more and more adopted by the automotive sector and is anticipated to be a
fantastic feature in electric vehicles over the ensuing years. The first
electric vehicle prototype from Lightyear, a 2016-founded automaker, was
unveiled in 2019. On the roof and hood of the vehicle are solar panels. The
solar panels, according to the company, can charge the car battery at a rate of
up to 12 kilometres per hour. By 2021, the electric vehicle should be on the Automotive
Glass Market.
Numerous advancements in the
technology used in automotive glass have been made as a result of the rapidly
shifting consumer demand. Over the past few years, there has been an increase
in the use of automotive glass due to the rising demand for sunroofs. It is
predicted that consumer focus on luxury will drive vehicle innovation.
Especially in the mid- and premium-car segments, automakers now offer built-in
or optional sunroof systems, which is expected to drive up demand for automotive glass market over the coming
years.
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