Market Size of Middle East and Africa Automotive Aftermarket Glass Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
MEA Automotive Aftermarket Glass Market Analysis
The Middle East & Africa automotive afterglass glass market is expected to register a CAGR of more than 5 %, during the forecast period, 2020-2025.
With an increase in the demand in the automobile sector, year after year, the components used to build a vehicle are expected to be consumed more. The growth in the market is primarily driven by the increasing tilt angle in windshields, for greater viewing angles, as well as the increasing demand for sunroofs. The increasing casualty rates in automobile accidents, globally, has brought automobile safety under the focus. This also has emerged as a driver for the automotive glass market, as automobile manufacturers are pushing the OEMs to manufacture glass, with much higher safety standards, for all vehicle segments.
Technological advancements in the automotive industry help attain maximum fuel efficiency and safety of the passengers. This, in turn, has influenced the manufacturers to engage in extensive R&D, which is expected to fuel the growth of the automotive glass market. Lightweight properties, along with better security, are the key factors that are stimulating product penetration in the industry. The North American and European markets are the leaders and are improvising on the technology in the automotive glass sector, such as smart glass. Smart glass products featuring value-added functions, such as improving driving efficiency, comfort, and safety through head-up displays (HUDs), are also factors that are driving the market. The main players in this market include Asahi Glass, Fuyao, Benson Auto Glass, Saint-Gobain, and others.
MEA Automotive Aftermarket Glass Industry Segmentation
The Middle East & Africa Automotive Aftermarket Glass Market report covers a detailed study on the latest trends and innovations in the market which is Segmented By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Glass Type (Laminated Glass, Tempered Glass), and By Application (Windshield, Sidelite, Backlite, Others) and Countries.Along with the major players, their strategies, innovations, technological advancements and financials are also covered in the report.
Glass Type | |
Laminated Glass | |
Tempered Glass |
Application | |
Windshield | |
Sidelite | |
Backlite | |
Others |
Vehicle Type | |
Passenger Cars | |
Commercial Vehicle |
Geography | |
South Africa | |
Egypt | |
Saudi Arabia | |
United Arab Emirates | |
Others |
Middle East and Africa Automotive Aftermarket Glass Market Size Summary
The Middle East & Africa automotive aftermarket glass market is poised for significant growth, driven by the increasing demand for advanced vehicle components and safety features. The market's expansion is largely attributed to the rising inclination towards enhanced windshield angles and the growing popularity of sunroofs, which are now being integrated into a broader range of vehicle segments beyond luxury cars. This trend is further supported by the automotive industry's focus on safety, prompting manufacturers to produce glass with higher safety standards. Technological advancements, particularly in smart glass, are also playing a crucial role in shaping the market, offering features that improve driving efficiency, comfort, and safety. Key industry players, including Asahi Glass, Fuyao, and Saint-Gobain, are actively engaged in research and development to leverage these innovations.
The demand for used cars in the region is contributing to the growth of the aftermarket glass market, as factors such as lower vehicle price inflation and economic conditions in countries like South Africa encourage the purchase of pre-owned vehicles. This surge in used car sales is expected to increase the need for replacement glass, particularly laminated glass, due to the region's extreme heat. The market is characterized by a consolidated landscape with major players like Nippon Sheet Glass and Guardian Glass, alongside independent aftermarket players. As the industry continues to evolve, the focus on smart glass technology and its integration into mainstream vehicles is anticipated to drive further growth and innovation in the automotive glass sector.
Middle East and Africa Automotive Aftermarket Glass Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Glass Type
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2.1.1 Laminated Glass
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2.1.2 Tempered Glass
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2.2 Application
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2.2.1 Windshield
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2.2.2 Sidelite
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2.2.3 Backlite
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2.2.4 Others
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2.3 Vehicle Type
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2.3.1 Passenger Cars
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2.3.2 Commercial Vehicle
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2.4 Geography
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2.4.1 South Africa
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2.4.2 Egypt
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2.4.3 Saudi Arabia
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2.4.4 United Arab Emirates
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2.4.5 Others
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Middle East and Africa Automotive Aftermarket Glass Market Size FAQs
What is the current Middle East and Africa Automotive Aftermarket Glass Market size?
The Middle East and Africa Automotive Aftermarket Glass Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Middle East and Africa Automotive Aftermarket Glass Market?
Saint Gobain, Xinyi Glass, Fuyao Group, NSG Group and Asahi Glass are the major companies operating in the Middle East and Africa Automotive Aftermarket Glass Market.