The global market for Advanced Glass is estimated at US$89.8 Billion in 2023 and is projected to reach US$137.0 Billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the advanced glass market is driven by several factors, reflecting a combination of technological, economic, and societal trends. The increasing focus on energy efficiency and sustainability in the construction industry is a major driver, as advanced glass offers significant benefits in these areas. The rise of smart buildings and the integration of Internet of Things (IoT) technologies are also propelling demand, as advanced glass can be used to create responsive, intelligent environments. In the automotive sector, the shift towards electric and autonomous vehicles is boosting the need for advanced glass solutions that enhance vehicle performance and user experience.
Moreover, consumer preferences for modern, high-tech, and environmentally friendly products are driving market growth across various sectors. Regulatory frameworks aimed at reducing carbon footprints and improving building standards are also contributing to the increased adoption of advanced glass. Finally, advancements in manufacturing processes are making advanced glass more affordable and accessible, further spurring its market penetration.
The growth in the advanced glass market is driven by several factors, reflecting a combination of technological, economic, and societal trends. The increasing focus on energy efficiency and sustainability in the construction industry is a major driver, as advanced glass offers significant benefits in these areas. The rise of smart buildings and the integration of Internet of Things (IoT) technologies are also propelling demand, as advanced glass can be used to create responsive, intelligent environments. In the automotive sector, the shift towards electric and autonomous vehicles is boosting the need for advanced glass solutions that enhance vehicle performance and user experience.
Moreover, consumer preferences for modern, high-tech, and environmentally friendly products are driving market growth across various sectors. Regulatory frameworks aimed at reducing carbon footprints and improving building standards are also contributing to the increased adoption of advanced glass. Finally, advancements in manufacturing processes are making advanced glass more affordable and accessible, further spurring its market penetration.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Safety & Security Function segment, which is expected to reach US$65.2 Billion by 2030 with a CAGR of a 6.7%. The Solar Control Function segment is also set to grow at 6.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $24.5 Billion in 2023, and China, forecasted to grow at an impressive 5.8% CAGR to reach $21.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Advanced Glass Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Advanced Glass Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Advanced Glass Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Asahi Glass Co., Ltd., Compagnie de Saint-Gobain, Corning, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 22 Featured):
- Asahi Glass Co., Ltd.
- Compagnie de Saint-Gobain
- Corning, Inc.
- Fuyao Glass Industry Group Co., Ltd.
- Gentex Corporation
- Guardian Industries Corporation
- Nippon Sheet Glass Co., Ltd.
- Sisecam Group
- Xinyi Glass Holdings Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Asahi Glass Co., Ltd.
- Compagnie de Saint-Gobain
- Corning, Inc.
- Fuyao Glass Industry Group Co., Ltd.
- Gentex Corporation
- Guardian Industries Corporation
- Nippon Sheet Glass Co., Ltd.
- Sisecam Group
- Xinyi Glass Holdings Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 284 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 89.8 Billion |
| Forecasted Market Value ( USD | $ 137 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
