1. market size

According to data from the Champ Consulting Group,2023The market size of China's automotive glass industry is expected to reach230Billion yuan, year-on-year growth13.8%. among them,OEMThe market share is80%，AGRThe market share is20%。OEMThe growth of the market is mainly driven by new energy vehicles and intelligent connected vehicles,AGRThe growth of the market is mainly affected by the demand for car ownership and repair and replacement.

2. production demand

According to data from the Champ Consulting Group,2023China's automotive glass production for the full year is expected to be18000Ten thousand square meters, year-on-year growth9.6%; sales volume is expected to be14000Ten thousand square meters, year-on-year growth10.7%. The growth in production and demand was mainly due to the recovery and expansion of the domestic and foreign automotive market, as well as the increased penetration of high value-added products.

3. bicycle consumption

According to data from the Champ Consulting Group,2023The amount of single car glass used in China for the whole year is expected to be4.2Square meters, year-on-year growth2.4%. The increase in bicycle usage is mainly due to the diversification and personalization of car design, as well as consumers' demand for comfort and safety. High value-added products such as skylights, canopy and head-up displays will be the main driving force for the growth of bicycle usage.

4. export trade

According to data from the Champ Consulting Group,2023The export volume of China's automotive glass is expected to be5010,000 tons, the export amount is expected to be10Billion US dollars, year-on-year growth respectively6.8%and5.4%. The growth of export trade mainly benefited from the competitive advantage of China's auto glass products in the international market, as well as the recovery and growth of overseas auto markets. The United States, Germany and Japan are still the main target markets for China's auto glass exports.

5. competition pattern

According to data from the Champ Consulting Group,2023In the year, the market concentration of China's automotive glass industry further increased, and the industry showed a super-strong pattern. Fuyao Glass remains the absolute leader in the industry, and its market share is expected to reach70%, followed by Xinyi Glass, Aixu and Saint-Gobain, whose market shares are expected to be12%、8%and6%. Leading enterprises in the industry have consolidated their leading position in the industry by continuously expanding production capacity, upgrading technology, expanding overseas markets, and launching high value-added products.

6. development trend

According to data from the Champ Consulting Group,2023The development trend of China's automotive glass industry is mainly manifested in the following aspects:

Multifunctionality. Automotive glass will develop in the direction of multi-function to meet the diverse needs of consumers for automotive glass, such as sound insulation, heat insulation, head-up display, dimmable, anti-ultraviolet, hydrophobic, solar and other functions.

Lightweight. Automotive glass will develop in the direction of lightweight, reduce glass thickness and weight, reduce fuel consumption and carbon emissions, in line with the concept of energy saving and environmental protection. New energy vehicles and intelligent network vehicles will become the main application areas of lightweight automotive glass.

Integration. Automotive glass will develop in the direction of integration, realize the integrated design and installation of glass and other parts, and improve the added value and aesthetics of automotive glass.OEMThe market will be more inclined to purchase glass assemblies, including glass, hemming and other accessories.

Internationalization. Automotive glass will develop in the direction of internationalization, strengthen cooperation and exchanges with the international market, improve product quality and brand influence, and expand overseas market share. At the same time, actively respond to international trade frictions and policy changes to maintain stable growth in export trade.

Conclusion

To sum up,2023China's automotive glass industry has good development prospects and investment potential. With the rapid development of my country's automobile industry and the diversified needs of consumers for automobile glass, the automobile glass industry will continue to expand its scale, improve its technical level, and increase the added value of products. At the same time, the automotive glass industry is also facing the challenges of high competitive pressure and high risk of export trade. Therefore, automotive glass companies should strengthen their innovation capabilities, improve product quality and brand influence, expand domestic and foreign market share, and achieve sustainable development.