Europe Automotive Glass Size Market Size & Outlook
Europe automotive glass market size, 2016-2027 (US$M)
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Europe automotive glass market size highlights
- The Europe automotive glass market size generated a revenue of USD 7,717.8 million in 2019.
- The market is expected to grow at a CAGR of 4.6% from 2020 to 2027.
- In terms of segment, tempered was the largest revenue generating product in 2019.
- Laminated is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 7,717.8 million |
| Market revenue in 2027 | USD 11,044.5 million |
| Growth rate | 4.6% (CAGR from 2019 to 2027) |
| Largest segment | Tempered |
| Fastest growing segment | Laminated |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tempered, Laminated |
| Key market players worldwide | AGC Inc, Nippon Steel Corp, Compagnie de Saint-Gobain SA, Xinyi Glass Holdings Ltd, Vitrolife AB ADR, Central Glass Co Ltd, Corning Inc, Guardian Capital Group Ltd, Fuyao Glass Industry Group Co Ltd ADR, Taiwan Glass Industry, Trakya Cam Sanayi A.Ş. |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.5% of the global automotive glass market size in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- North America is the fastest growing regional market and is projected to reach USD 11,121.9 million by 2027.
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Automotive Glass Market Size Scope
Automotive Glass Market Size Companies
| Name | Profile | # Employees | HQ | Website |
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Europe automotive glass market size outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive glass market size will help companies and investors design strategic landscapes.
Tempered was the largest segment with a revenue share of 51.59% in 2019. Horizon Databook has segmented the Europe automotive glass market size based on tempered, laminated covering the revenue growth of each sub-segment from 2016 to 2027.
The turnover generated by automotive sector represents 6.5% of Europe’s GDP. Europe’s automobile industry follows the norms of clean production and less CO2 production in the process. 18.4 million vehicles are manufactured per year.
Laminated glass is expected to witness significant growth over the forecast period on account of high vehicle comfort and security. It not only increases the usage of glass in the vehicles but also adds value to the product, thereby helping the manufacturers to offer differentiated products. Automotive manufacturers operate 296 vehicle assemblies and production plants in 26 countries across Europe.
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Our clientele includes a mix of automotive glass market size companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe automotive glass market size , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive glass market size from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe automotive glass market size size, by country, 2016-2027 (US$M)
Europe Automotive Glass Market Size Outlook Share, 2019 & 2027 (US$M)
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