Global Automotive Intelligent Glass Market 2019-2023 | Increasing Technology Integration With Automotive Windshields to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Aug 13, 2019--
The global automotive intelligent glass market 2019-2023 is expected to post a CAGR close to 8% during the forecast period, according to the latest market research report by Technavio.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190813005447/en/
Technavio has published a new market research report on the global automotive intelligent glass market during 2019-2023. (Graphic: Business Wire)
OEMs are increasingly adopting advanced passenger safety and comfort features such as windshields HUDs, automatically adjusting mirrors, and self-cleaning windows. Also, the solutions mentioned do not require driver intervention and thus do not directly distract drivers’ attention during driving. Moreover, several other technologies, such as set-dimming glass and heated windshields, are being incorporated in vehicles for enhanced passenger comfort. Thus, the growing propensity towards providing better comfort and safety in vehicles will drive the demand for advanced technologies such as automotive intelligent glass during the forecast period.
Looking for more information on this market?Request a free sample report
As per Technavio, increasing technology integration with automotive windshields will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global Automotive Intelligent Glass Market: Increasing Technology Integration with Automotive Windshields
Automotive windshields have become a critical safety component in vehicles. Therefore, OEMs are integrating windshields with advanced technologies such as HUD and ADAS. The growing adoption of advanced safety technologies, such as lane keep assist (LKA), automatic emergency braking (AEB), and other collision avoidance systems, have made it necessary for windshields to be developed with advanced features. Moreover, R&D activities in the automotive industry have resulted in the development of ultra-small sensors and electronic components, which is likely to increase the adoption of smart windshields in vehicles. Advanced technologies such as self-healing glass are also likely to propel technological integration in windshields in the future. Therefore, continuously advancing automotive electronics and the development of advanced software solutions will fuel the adoption of automotive intelligent technologies, such as intelligent glass, during the forecast period.
“Apart from the increasing technology integration with automotive windshields, the increasing license acquisition and investments in intelligent glass and the growing investments in smart glass technology are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.
Global Automotive Intelligent Glass Market: Segmentation Analysis
This market research report segments the global automotive intelligent glass market by technology (heated glass, dimmable glass, and others) and geographical regions (Europe, North America, APAC, MEA, and South America).
The European region led the market in 2018, followed by North America, APAC, MEA, and South America, respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth due to the implementation of stringent safety and emission norms in the region.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report
Some of the key topics covered in the report include:
Five Forces Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190813005447/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING MANUFACTURING
SOURCE: Technavio Research
Copyright Business Wire 2019.
PUB: 08/13/2019 09:18 AM/DISC: 08/13/2019 09:18 AM