Automotive Windshield Market Growth
The global automotive windshield market is expected to reach USD 59,378.0 million by 2032, growing at a 7.51% CAGR, according to Credence Research.
The Asia Pacific region, led by China and India, has become the largest and fastest-growing market for automotive windshields, driven by massive vehicle production and a rapidly expanding middle class.
- The region's dominance is fueled by its large vehicle production volume.
- A rapidly expanding middle class with a strong appetite for new cars also contributes to the region's growth.
North America is a mature and highly valuable market, driven by a strong consumer preference for larger vehicles like SUVs and trucks, and the rapid adoption of ADAS and other advanced technologies.
The market is quickly adopting more advanced safety and technology features, making it the central engine of global growth for both the OEM and aftermarket segments.
Author's summary: Automotive windshield market to grow at 7.51% CAGR.