The Global Automotive Sunroof Market Size was valued nearly USD 6.3 billion by 2016 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 9.12% during the forecast period, i.e. 2017-2025. This global market study analysis is offers in-depth insights, revenue details, and other vital information regarding the global automotive sunroof market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive sunroof market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Global Automotive Sunroof Market Growth Opportunities (Revenue, Growth) By 2017-2025

Automotive sunroof provides fresh air, a cool breeze, and perfect view, which augment the driving experience. The sunroof permits light and sunshine into the vehicle, which gives a pleasant atmosphere in the passenger cabin or vehicle. The sunroof brighten the vehicle cabin with the natural light, various types of sunroofs are available such as pop type, spoiler type, and panoramic sunroof. The pop type sunroof needs to be conduct manually, by opening or tilting the panel completely or partially. This type of sunroof is cheaper in rate and can be installed in different types of vehicles. Most automobile manufacturers provide an alternative option for panoramic sunroofs for different vehicle segments. It is designed in such way that it covers all area of the roof than a normal sunroof. It provides fresh air and sunlight for both front and rear seats. The advantage of the panoramic sunroof is that it increases the resale value of the vehicle.

Market Dynamics

In 2016, the global automotive sunroof market size was valued at USD 6.3 billion. It is expected to expand at a CAGR of xx.xx% over the forecast arena. The growing demand for automotive sunroofs is uplifting in line with shifting consumer inclination towards augmented driving experience. Increasing trend among automakers to offer automotive sunroofs as an alternative feature in bulk of passenger cars is also one of the key trends which help to grow of the market at higher extent. Increasing automobile production and serpentine sales of premium & luxury vehicles are projected to provide a boost to the market in the upcoming era.

Automakers and vendors are trying to enhance safety factors of various systems enforce in automobiles. For example a panorama sunroof airbag system introduced by Hyundai Mobis , which is used to prevent passengers from getting thrown out of the automobile through the roof in case of an accident or a rollover. Automakers have also handled to accommodate rain sensors within these systems. As a result, automotive sunroofs will be closed automatically as soon as it starts raining. Such modernization is projected to boost the growth of the market over the forecast arena.

Originally, sunroofs were finite only to luxurious cars. However, they get popular due to their capability to maintain maximum levels of sunlight and assure better visibility within the automobile, and finally upgrade the driving experience.

Market Segmentation

Global automotive sunroof market has been classified into two segments, namely, glass and fabric. The glass segment is further classified into pop-up type, built-in type, tilt ‘n slide type, top-mount type, panoramic type, and solar type. Similarly, the fabric segment has been further classified into two more sub-segments, namely, and removable, foldable types. Due to the latest innovation in solar sunroofs for electric vehicles and panoramic sunroof segments, the market for the glass sunroof has segmented over 73% of the overall sunroof market share. This is further anticipated to reach high in the upcoming time period.

By vehicle type, the market has been classified into hatchback cars, sedan cars, premium cars, and others. The automotive vehicle production has been increasing rapidly with a considerable increase in the global population the demand for sunroof systems, as after-sales the market has supported impale in popularity in younger population in the Asian countries. In 2016, the trend of adopting a car with a sunroof rose to as high as 36% which motivated various manufacturers to apply sunroofs as a standard or an alternative entity.

Regional Analysis

Globally, automotive sunroof market has been classified into five major regions, namely, North America, Europe, Asia-Pacific, South America, and Africa & the Middle East. Europe and North America has the major market growth in the automotive sector. However, the increasing automobile industry in the Asia-Pacific region is projected to accelerate the market for sunroof systems, with India, China, and Japan developing as automotive manufacturing hubs and major markets for after-sales car customization in this region due to this the market will accelerate at the higher extent. Asia Pacific is projected to hold the largest share in upcoming time period. Demand for premium vehicles in developing economies, such as India and China, is deluge in line with increasing disposable incomes of the plebeians. At the same time, automobile production in the region is increasing as automakers are investing aggressively to increase their production capacity during upcoming timeline.

Global Automotive Sunroof Market Size, Share Analysis By Region 2017

In 2016, globally Europe projected for approximately 27% and is estimated to grow high in upcoming period. When it comes to technological innovations the entire peddlers are also at the forefront, For instance, Audi AG of Germany has reportedly launched a prototype glass roof system with integrated solar cells. All such developments are hover to foreshow well for the European market.

Key Player

The key players operating in the global automotive sunroof market are Aisin Seiki Co., Ltd., Inalfa Roof Systems Group B.V., Webasto Roof Systems, Inc., Inteva Products, LLC.,  Johnan America, Inc., Yachiyo Industry Co., Ltd., CIE Automotive, BOS GmbH & Co. KG, Automotive Sunroof Company, Inc., and Magna International, Inc.

Global Automotive Sunroof Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.