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Market Overview of Global Module Assembly Window market:
According to our latest research, the global Module Assembly Window market looks promising in the next 5 years. As of 2022, the global Module Assembly Window market was estimated at USD 1742.35 million, and it's anticipated to reach USD 2786.0 million in 2028, with a CAGR of 8.14% during the forecast years.
Economic recovery promotes the development of the automotive industry
Since entering 2018, it has benefited from the US economic recovery and strong fiscal expansion. Although since the second half of 2018, with the intensification of trade tensions, the increase in global debt and the uncertainty of the monetary policy adjustments of developed countries, it may lead to a slowdown in global economic growth in the short term, the consensus on long-term global growth in the medium and long term is basically Established and benefiting from this, the global automotive industry will maintain a stable development trend in the medium and long term. The stable development of the automotive industry has promoted the market demand for Module Assembly Window and promoted the development of the industry.
Higher funding barriers and technical barriers
Advanced assembly technology requires advanced process equipment, and the level of design and manufacturing of process equipment is critical to ensuring efficient production and high-quality products. It is also a sign of the level of automotive assembly technology. Therefore, advanced technology and process equipment are very important and account for a large proportion of costs, raising the technical and capital barriers of the industry. For new entrants, larger barriers to entry prevent them from entering the market.
Strong Chinese market demand
In 2017, there were 156 cars per thousand people in China. Compared with 600-800 thousand people in developed countries such as Europe, the United States, and Japan, it is still a young automobile market with an objective market growth rate. On the other hand, with the continuous improvement of China's infrastructure, the demand for the Module Assembly Window in its construction market has continued to increase, which has provided the industry with impetus for the development of the region.
Region Overview:
Europe is projected to account for a considerable share of the Module Assembly Window market and is expected to become the largest region by 2028.
Company Overview:
VELUX is one of the major players operating in the Module Assembly Window market, holding a share of 18.51% in 2023.
VELUX
Velux A/S manufactures and markets building materials. The Company offers windows, skylights, sun tunnels, blinds and shutters, home automation, solar energy systems, rooflights, accessories, and maintenance services. Velux serves customers worldwide.
AGC Inc.
AGC Inc. manufactures and sells glass products. The Company produces architectural glass, automotive glass, applied glass materials, and other products. AGC also produces electronics, chemicals, and other products.
Segmentation Overview:
As for product types, the Architecture Window segment held the largest market share in 2022.
Architecture Window
Refers to the Module Assembly Window for automotive assembly. With the Module Assembly Window, the molded parts and surrounding resin parts can improve aerodynamics and internal acoustic performance.
Automotive Window
The Module Assembly Window for buildings can be combined with a variety of roof light configurations to provide the perfect solution for a variety of building types. It can be used in narrow corridors, internal courts, studios, large circulation spaces and other places.
Application Overview:
By application, the Aftermarket segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Module Assembly Window market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Module Assembly Window Market Report:
Market Size Estimates: Module Assembly Window market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Module Assembly Window market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Module Assembly Window market
Segment Market Analysis: Module Assembly Window market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Module Assembly Window market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Module Assembly Window Market: Revenue and sales volume of major countries in each region
Module Assembly Window Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Module Assembly Window market in major regions.
Module Assembly Window Industry Value Chain: Module Assembly Window market raw materials & suppliers, manufacturing process, distributors, downstream customers
Module Assembly Window Industry News, Policies & Regulations
Key players in the global Module Assembly Window market are covered in Chapter 12:
WinTech
VELUX
PortaFab
Nippon Sheet Glass
Quest Windows
Fuyao
Saint-Gobain
AGC Inc.
In Chapter 2 and Chapter 15.1, based on types, the Module Assembly Window market from 2018 to 2028 is primarily split into:
Architecture Window
Automotive Window
In Chapter 3 and Chapter 15.2, based on applications, the Module Assembly Window market from 2018 to 2028 covers:
OEMs
Aftermarket
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Module Assembly Window market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028