Global Automotive Glass Market is anticipated to witness an exponential growth in the forecast period. Automotive glasses are aesthetically driven parts of a vehicle that shield the passengers against harsh exterior environment such as sun, wind, and rain. Automotive glasses are created in such a way that they provide minimal weight to the vehicle, resist high external forces, and minimalize the strain induced on the vehicle.

The factors that propel the growth of the Automotive Glass Market include rise in the sales and production of the vehicle, augmented demand for progressive glass technologies such as smart embedded glass &glass device, government regulations for vehicle security, and rising disposable income. On the other hand, there are factors that may hamper the growth of the market including high investment cost required to setup a glass plant. Automotive Glass Industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The latest trend gaining attraction in the market is the exponential increase in the acceptance of solar control glasses for vehicles. The key advantage linked to the use of solar control glasses is that it supports in improving the fuel efficiency. The usage of solar control glass helps in keeping the vehicle cooler inside; eventually reducing the need of an air conditioner and making the car fuel effective.

Automotive Glass Industry may be explored by vehicle type, sale channel, glass type, application, and geography. The market may be explored by vehicle type as Heavy Commercial Vehicles, Passenger Vehicles, and Light Commercial Vehicles. The “Passenger Vehicles” segment accounted for major market share of the automotive glass in 2017. The key factor that may attributed to the growth of market includes rise in the disposable income of the consumers.

The Automotive Glass Market could be explored based on sale channel as Aftermarket and Original Equipment Manufacturer (OEM). The “Original Equipment Manufacturers (OEM)” segment accounted for major market share of the automotive glass in 2015. The key factor that may attributed to the growth of market includes rapid developments in the vehicle safety features from the industrial end.

The industry may be analyzed by glass type as Tempered Glass and Laminated Glass. Based on application, the market may be classified as Back Glass, Windshield, Door Glass (Side Window) may further explored as (Vent Glass and Quarter Glass), Moon Roof and Back Glass. The “Windshield” segment led the Automotive Glass Industry in 2015 and is anticipated to maintain its dominance by 2025.

Asia-Pacific accounted for the major share of the Automotive Glass Market in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include availability of cheap & skilled labor and low cost. Asia-Pacific is followed by the North American region owing to surge in the manufacturing of commercial vehicles in the region.

Request a sample of this research study at https://bit.ly/3GHjtPu

Some of the key players that fuel the growth of the Automotive Glass Industry comprise Fuyao Glass Industry Group Co., Ltd., Asahi Glass Co., Ltd., Dura Automotive Systems, Xinyi Glass Holdings Ltd., Nippon Sheet Glass Co., Ltd., Central Glass Co., Ltd., Shenzhen Benson Automobile Glass Co., Ltd., LKQ Corporation, Saint-Gobain S.A., Glass Trosch Holding AG, Magna International Inc., Gentex Corporation, Guardian Industries Corporation and Vitro, S.A.B. de C.V. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com

Global Automotive Tire Market is anticipated to reach USD 374.22 billion by 2024. Automotive tire is a rubber ring placed on rim of the wheel. Automotive tire mainly offers grip to vehicles on the road, and decreases road shocks. The factors that propel the growth of the Automotive Tire Market include growing demand for low rolling resistance tires, demand for high performance and low-profile tires, better fuel economy, technical developments such as eco-friendly tires, smart tires, and others. Automotive Tire Market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Get Sample Report Copy @ https://bit.ly/3DVOpcw

Automotive Tire Market may be explored by type, application, and geography. Automotive Tire Market may be analyzed by type as Bias, and Radial. The “Radial tire” segment led the Automotive Tire Market in 2015 and is anticipated to maintain its dominance by 2024. The key application that could be explored in the Automotive Tire Market include LCV, Passenger cars, Two wheelers, and HCV.

Asia-Pacific accounted for the major share of the Automotive Tire Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include developing economy of most of the nations in this region. Asia-Pacific is followed by Europe and North America.

Some of the key players that fuel the growth of the Automotive Tire Market comprise Continental AG, Bridgestone Corporation, Michelin, Pirelli & C. S.p.A, Sumitomo Rubber Industries, Ltd., Madras Rubber Factory Limited, The Goodyear Tire & Rubber Co., JK Tyre & Industries Ltd., CEAT Ltd, and The Yokohama Rubber Co. Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Automotive Tire Application Outlook (Revenue, USD Billion, 2014 - 2024)
    • Passenger cars
    • LCV
    • HCV
    • Two wheelers

For More Information visit @ https://bit.ly/3G7VIzR

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com

Global Automotive Plastics Market is anticipated to reach USD 68.5 billion by 2025. To make cars safer and fuel efficient, plastics are being used extensively. It renders vehicles lightweight and increases their fuel efficacy by reducing carbon emissions. The Automotive industry is a major market for plastic processors.

The factors that propel the growth of the automotive plastics industry include strict government regulations regarding fuel consumption along with rising sales of automobiles, and growing use of plastics for the production of lightweight vehicles. In addition, decrease in vehicular emission, increasing prices of steel and iron, sturdiness, recyclability, and strength of modern plastics are expected to drive the market.

On the other hand, there are factors that may hamper the growth of the market including rising demand for biodegradable plastics, high process engineering cost, volatile cost of raw material, and high investment required in material research. Automotive Plastics Market is anticipated to grow at a significant CAGR of 11.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by product type, application, and geography.

Automotive Plastics industry by product type could span Polyamide (PA), Acrylonitrile Butadiene Styrene (ABS), Polymethyl Methacrylate (PMMA), Polypropylene (PP), Polycarbonate (PC), Polyvinyl Chloride (PVC), Polyethylene (PE), and others. The “Polypropylene” segment accounted for the largest market share of the market and led the overall market in 2016; the reason being, at high temperature it has excellent chemical and electrical resistance; it is lightweight material, and is inclusively used as a noise & vibration dampener and thermal insulator in vehicular components. In addition, it is translucent, semi-rigid; and offers fundamental hinge property.

The key applications that could be explored in the Automotive Plastics Market include Chassis, Powertrain, Under the Hood Components, Electrical Components, Exterior Furnishings, and Interior Furnishings. The “Interior furnishings” segment accounted for the largest market share of the market in terms of volume had developed as the dominant application in 2016;the reason being use of plastics in automobile furnishings like fascia systems, light display & panels, steering wheels and seat covers; followed by Exterior furnishings.

Access Sample Report of this report @ https://bit.ly/307dbYD

Asia-Pacific accounted for the major share of the Automotive Plastics Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing manufacturing base and rising investments in advanced technologies of vehicular production and increasing production in developing regions like Thailand, China, Indonesia, India, and Vietnam; followed by Europe.

On the other hand, European market accounts for the significant share of Automotive Plastics industry in terms of revenue owing to use of advanced technology and high-quality plastics as they are energy effective and help in reducing the overall weight of the vehicle. In addition, automakers from European countries have to shift from diesel engines to electrified motors to meet higher emission standards.

Some of the key players that fuel the growth of the Automotive Plastics industry comprise BASF SE, AkzoNobel N.V, Covestro, Johnson Controls, Evonik Industries AG, Magna International, SABIC, Momentive Performance Materials Inc., Borealis AG, The Dow Chemical Company, Hanwha Azdel Inc., Teijin Ltd, Lear Corp., Owens Corning, Royal DSM N.V, Quadrant AG, and Grupo Antolin, among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

View summary of this report @ https://bit.ly/3iSYxe4

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com

The global automotive lighting market size was valued at USD 19.64 billion in 2014 and is anticipated to reach USD 34.65 billion by 2022. Global automotive market will witness a steady growth with growing demand of automotive vehicle in the upcoming years. Increasing automotive production, rising concerns about vehicle safety, growing population and also government are driving the growth of the market. On addition to it, the increase in the purchasing power of the people is also creating opportunities for the market growth. Lighting is a vital component in automotive vehicles and plays a very important role in automotive safety. Automotive vehicle consists of variety of lights to increase the visibility in darkness and bad weather conditions and automotive lights also increase the conspicuity (that is the clarity of observing things) of the vehicle. The lighting system comprises of signalling and lighting devices. The lighting devices are placed in different locations of the vehicle including front, rear, top and interiors.

Request a Free Sample Copy of Automotive Lighting Market Report @ https://www.millioninsights.com/industry-reports/automotive-lighting-market-size/request-sample

Halogen being an easily available and cost efficient technology has been majorly adopted by the market and is therefore, being used in lighting technology in the automotive sector also LED and Xenon are prominent lighting technologies which are in prime use in the global automotive lighting market. LED is likely to witness the highest growth amongst the three technologies during the forecast period. LED is relatively costlier, hence, at present is majorly being used in the high-end vehicles. However, research is being done to lower their cost as a result of which it would create significant rise in demand of LED lights in the upcoming years. The automotive lighting market is segmented based on technology, vehicle types, lighting applications, product sale and geography.

On the basis of lighting applications, the market is segmented into rear lighting, front lighting, interior lighting and side lighting. The technology is segmented into LED, halogen and xenon. Based on vehicle type, the market is segmented into commercial vehicles and passenger vehicles. Based on product sale, the market is segmented in aftermarket product and OEM product. The geographical segmentation of automotive lighting include North America ( U.S. , Canada, Mexico) , Europe (Germany , UK , France , Italy) , Asia Pacific (China, India, Japan), RoW ( Brazil, Russia), Latin America and Middle East Africa. The global automotive lighting market is an excessively fragmented market with the presence of many regional and global local vendors. The global automotive lighting market is very dependent on automobile sales and the growth driven by the increase in automotive production. The market has seen constant innovations and development of new products, which in turn resulted in an excessive competitive environment for the manufacturers of the automotive lighting.

The key players of the global automotive lighting market include Ichikoh Industries Ltd., General Electric (GE), Koninklijke Philips N, Koito Manufacturing Co. Ltd, Magneti Marelli S.P.A, Valeo, Stanley Electric Co., Hella KGaA Hueck & Co., Ltd., Zizala Lichtsysteme GmbH, Osram GmbH, Hyundai Mobis, Royal Philips Electronics. The global automotive market is expected to grow at a CAGR 8% during the forecast period which can result to be profitable for the global automotive lighting market also. Ambient lighting is one application where lighting is strategically placed in the vehicle to create an experience and induce a psychologically pleasing effect. Headlamps, DRL, auxillary lights, off road lights, compact lights, dome lights, instrument display lights, fog lights and taillights are the popular segments in the global automotive lighting market attracting automotive designers with their unique and stylish looks. In the upcoming years the use of LED lighting is expected to cover of the total market soon in the upcoming years. Broadly automotive lighting market is segmented as Interior lighting and exterior lighting during the year 2015, the exterior lighting segment had dominated the global automotive lighting market, with a very high market share. Exterior lighting plays a very important role in ensuring safety and with more manufacturers focusing on the safety aspect demand for exterior lighting is expected to rise in the next seven years.

The growth in the Asia Pacific region is driven by India and China, which are the largest markets for automotive production in the Asia Pacific region. The Asia Pacific region is a hub for automotive components due to improved infrastructure, preferences and changing lifestyles, government initiatives, and overall reduction in vehicle production costs. There is a high growth in the number of vehicles in the BRIC nations which further creates large opportunity for the growth of automotive lighting market during the forecast period. Purchasing power is increasing which in turn is increasing the demand for advanced and sophisticated technologies which include advance front light system (AFS) and daylight running lights system (DRL). Automotive lighting indicates vehicle's presence, position, size, driver’s intentions regarding direction, and direction to travel and speed of the vehicle that is travelling. The demand for aesthetic lighting is also increasing which in turn would support the demand of lights in commercial and private cars.

Download Full Research Report on Automotive Lighting Market @ https://www.millioninsights.com/industry-reports/automotive-lighting-market-size

Market Segmentation

Automotive Lighting Technology Outlook (Revenue, USD Million, 2012 - 2022)
• Halogen
• Xenon
• LED

Automotive Lighting Application Outlook (Revenue, USD Million, 2012 - 2022)
• Front/headlamps
• Rear
• Side
• Interior

Automotive Lighting Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• Europe
• Asia Pacific
• RoW

The global Automotive Textiles Market is expected to value at USD 31.75 billion by 2024. Automotive textiles industry is subject to witness a substantial growth due to the increasing demand for advanced safety features in both lightweight and heavyweight vehicles, and mandatory administrative regulations for incorporation of safety measures, majorly in the developed economies such as U.S. and the UK. Factors responsible for sustained market growth, in the recent years, include large number of production lines in automotive manufacturing from Asia Pacific region and rising number of vehicles sales each year across the globe.

Additionally, increasing investment by leading industry players to promote adoption of automotive textiles is expected drive the growth of automotive textile market over the forecast period. Increasing vehicle manufacturing in Asia-Pacific region and growing penetration of automotive sector in both developing and developed economies are predicted to foster market expansion in the upcoming years. However, lack of awareness among users about benefits of automotive textile solutions and higher initial cost of the products are expected to restrain market growth to a certain extent.

Get Sample Inquary @ https://bit.ly/2VRh4Pv

Increasing demand for advanced textiles and large number of application in automotive across Asia Pacific region are expected to favor market growth. Rising awareness regarding large-scale use of automotive textiles due to its properties such as environmental-friendly and bio-degradability are estimated to fuel the growth of automotive textile industry over the forecast period. Other factors responsible for amplifying market value of automotive textiles are easy availability, and variety of clothing materials with range of stylish designs, bright colors, and attractive prints.

Numerous governmental initiatives promoting use of woven textiles instead of artificial fibers are estimated to boost the market demand for automotive textiles in near future. Additionally, stringent governmental laws and regulation prevalent in the respective regions in regards to the environmental impact of artificial textiles are positively affecting market performance over the last few years.

However, regulations such as anti-dumping duties on the large-scale import of automotive textiles and raw materials are hampering market performance to a certain extent. Furthermore, variations in prices of raw materials and price suppressions prevailed on imports of automotive textiles are restraining market growth. The increase in the overall manufacturing of automotive textiles Asia-Pacific countries such as China, Taiwan, and India are leasing to an oversupply in these countries.

The automotive textiles market is broadly categorized into four major segments based on the application type such as upholstery, tires, safety devices and engine components. The upholstery devices is considered as one of the fastest growing segment in the automotive textiles industry with substantial revenue generation in the last few years. Growing popularity of automotive textiles in the upholstery segment is attributed to the higher market penetration. The safety devices segment has also witnessed substantial growth due to the growing user awareness and stringent government regulation regarding adoption of safety features in the vehicles.

Automotive textile market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in automotive sector, increase in the number of research & development activities in the region and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the automotive textiles with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with rapid industrialization, robust growth of automotive sector, favorable government laws & regulations, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the automotive textile industry are Trevira Co., E. I. du Pont de Nemours and Company, Sage Automotive Interiors, Inc., Baltex Ltd., Reliance Industries Ltd., Auto Textile S.A, Global Safety Textiles Co., SMS Auto Fabrics, Inc., Autoliv Co., Lear Co., Johnson Controls, Inc., Suminoe Textile Co., Ltd., ASGLAWO Technofibre, Inc., and CMI-Enterprises, Inc.

Get Full Details On: https://bit.ly/3AS4JtF

Market Segment:

Automotive Textiles Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
    • Woven
    • Nonwoven
    • Composites
    • Others

Automotive Textiles Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
    • Upholstery
    • Tires
    • Safety Devices
    • Engine Components
    • Others

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com