Market Share of Automotive Smart Glass Industry
The automotive smart glass market is moderately consolidated, with a few major players such as Saint Gobin, AGC Inc., Nippon Sheet Glass Co. Ltd., Gentex Corporation, and Cornering Inc. having significant shares in the market due to their well-established and developed products among various automakers. The companies are focusing on innovative technologies and following strategies, like acquisition, licensing the technology, and partnership, to expand, sustain, and capture the potential demand for rapid adoption of technological trends in the automotive industry.
For instance, in April 2022, AGP Group partnered with OMERS Capital Markets and BMO Financial Group and entered into a debt financing agreement of USD 250 million to accelerate the company's global expansion plan.
Automotive Smart Glass Market Leaders
Nippon Sheet Glass Co. Ltd.
*Disclaimer: Major Players sorted in no particular order