Market Overview:
The global backlite glass market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for backlite glass in passenger cars and commercial vehicles, owing to its properties such as high transparency, low weight, and scratch resistance. In addition, the increasing demand for backlite glass from OEMs and aftermarket players is also contributing to the growth of this market.
Product Definition:
Backlite Glass is a type of glass that has been treated with an anti-reflective coating. This makes it ideal for use as a backlight in displays and lighting fixtures, as it allows more light to pass through while reducing the amount of glare.
Passenger Car Type:
Passenger car type is used for passenger transportation of people and goods. It can be defined as a road vehicle designed to carry more than seven passengers and used for commercial transport. The term “passenger” is generally applied to vehicles with no more than four wheels, although some very large trucks also fall under this category.
Commercial Vehicle Type:
Commercial vehicles are motor vehicles designed for transporting passengers and goods. They can be classified into two types: 1) those designed to carry more than eight passengers, and 2) those that are used to transport goods only. The first commercial vehicle was a stagecoach which was introduced in England in the 17th century.
Application Insights:
OEMs and aftermarket are the major application segments of backlite glass. In 2017, OEM accounted for more than 70% of the revenue share in North America. The demand for OEM products is generally higher as they come with a warranty card, which states the terms and conditions under which the product will be replaced or repaired in case of damage or breakage during its lifetime.
The aftermarket segment is expected to witness significant growth over the forecast period owing to rising repair and replacement activities on account of damages caused by road accidents or natural calamities such as earthquakes, floods etc. Increasing number of automotive manufacturers across various regions coupled with rising consumer disposable income levels has led to an increase in demand for vehicles that are stronger against impacts resulting from accidents and natural disasters such as earthquakes, floods etc., thereby increasing sales volume for both commercial & passenger vehicle types across regions including Asia Pacific & MEA region over recent years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 3.9% over the forecast period, owing to increasing demand for automobiles and growing adoption of aftermarket services in this region. In addition, presence of key automobile manufacturers such as Ford and General Motors is also anticipated to propel product demand over the forecast period.
Asia Pacific emerged as the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization along with increasing automotive production mainly in China and India which are majorly exported across Asia Pacific countries including Japan, South Korea, Indonesia, Malaysia & Thailand among others’ are expected drive Backlite Glass industry growth over next eight years or so The Middle East & Africa was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for smart and energy-efficient buildings: The global market for Backlite Glass is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for smart and energy-efficient buildings, as Backlite Glass helps in reducing the load on air conditioning systems by blocking out sunlight and heat.
- Rising awareness about environment-friendly building materials: There is an increasing awareness among consumers about environment-friendly building materials, which is driving the growth of the global Backlite Glass market. As Backlite Glass does not contain any harmful chemicals or pollutants, it is becoming increasingly popular among consumers looking to reduce their carbon footprint.
- Growing construction industry in developing countries: The construction industry in developing countries such as India and China is growing rapidly, which is contributing to the growth of the global Backlite Glass market. Rapid urbanization and rising disposable income are leading to an increase in demand for high-quality construction products such asBackliteGlass .
Scope Of The Report
Report Attributes
Report Details
Report Title
Backlite Glass Market Research Report
By Type
Passenger Car Type, Commercial Vehicle Type
By Application
OEM, Aftermarket
By Companies
Asahi Glass Co., Ltd (AGC), Saint-Gobain, Nippon Sheet Glass Co., Ltd (NSG), Fuyao Group, Vitro SAB de CV, Asahi Glass Co., Ltd (AGC)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Backlite Glass Market Report Segments:
The global Backlite Glass market is segmented on the basis of:
Types
Passenger Car Type, Commercial Vehicle Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Glass Co., Ltd (AGC)
- Saint-Gobain
- Nippon Sheet Glass Co., Ltd (NSG)
- Fuyao Group
- Vitro SAB de CV
- Asahi Glass Co., Ltd (AGC)
Highlights of The Backlite Glass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Passenger Car Type
- Commercial Vehicle Type
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Backlite Glass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Backlite glass is a type of tempered glass that uses a backlight to create an appearance of depth. Backlite glass is often used in applications where a high level of visual impact is desired, such as windows and door panels.
Some of the major players in the backlite glass market are Asahi Glass Co., Ltd (AGC), Saint-Gobain, Nippon Sheet Glass Co., Ltd (NSG), Fuyao Group, Vitro SAB de CV, Asahi Glass Co., Ltd (AGC).
The backlite glass market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Backlite Glass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Backlite Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Backlite Glass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Backlite Glass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Backlite Glass Market Size & Forecast, 2018-2028
4.5.1 Backlite Glass Market Size and Y-o-Y Growth
4.5.2 Backlite Glass Market Absolute $ Opportunity
Chapter 5 Global Backlite Glass Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Backlite Glass Market Size Forecast by Type
5.2.1 Passenger Car Type
5.2.2 Commercial Vehicle Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Backlite Glass Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Backlite Glass Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Backlite Glass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Backlite Glass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Backlite Glass Analysis and Forecast
9.1 Introduction
9.2 North America Backlite Glass Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Backlite Glass Market Size Forecast by Type
9.6.1 Passenger Car Type
9.6.2 Commercial Vehicle Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Backlite Glass Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Backlite Glass Analysis and Forecast
10.1 Introduction
10.2 Europe Backlite Glass Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Backlite Glass Market Size Forecast by Type
10.6.1 Passenger Car Type
10.6.2 Commercial Vehicle Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Backlite Glass Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Backlite Glass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Backlite Glass Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Backlite Glass Market Size Forecast by Type
11.6.1 Passenger Car Type
11.6.2 Commercial Vehicle Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Backlite Glass Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Backlite Glass Analysis and Forecast
12.1 Introduction
12.2 Latin America Backlite Glass Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Backlite Glass Market Size Forecast by Type
12.6.1 Passenger Car Type
12.6.2 Commercial Vehicle Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Backlite Glass Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Backlite Glass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Backlite Glass Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Backlite Glass Market Size Forecast by Type
13.6.1 Passenger Car Type
13.6.2 Commercial Vehicle Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Backlite Glass Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Backlite Glass Market: Competitive Dashboard
14.2 Global Backlite Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Glass Co., Ltd (AGC)
14.3.2 Saint-Gobain
14.3.3 Nippon Sheet Glass Co., Ltd (NSG)
14.3.4 Fuyao Group
14.3.5 Vitro SAB de CV
14.3.6 Asahi Glass Co., Ltd (AGC)
