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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Increasing Demand for Glass Sunroof to Augment the Automotive Sunroof Industry Growth
Based on material type, the glass segment held a significant market share in 2020 and is expected to witness an exponential growth over the forecast period. The increased acceptance of this material can be attributed to the technical developments, material advancements, such as sunroof glazing enhancements that have decreased overhead protection issues and glass that can reflect UV rays. Glass sunroofs will decrease dependency on the air conditioning system of the vehicle as they allow natural light to escape directly and increase the natural air circulation within the vehicle. Consequently, with the plummeting sales of convertible vehicles, the demand for cloth sunroofs is projected to collapse over the forecast era.
The Asia-Pacific Region to Provide Enhanced Growth Opportunities to the Automotive Sunroof Industry
Region-wise, the Asia Pacific automotive sunroof industry is marked by an increase in the population's disposable income, combined with an increase in demand for luxury automobiles in emerging economies such as China and India. In order to meet the rising demand, automakers have been actively investing in increasing their domestic production capacity in this area. In addition, government measures to increase the acceptance of electric cars and the growth of sunroofs as an optional feature in mass segment vehicles are both responsible for stimulating demand for in-vehicle sunroofs. It is predicted that these variables would contribute to APAC's supremacy in the industry.
Automotive Sunroof Market Report Snapshots
Automotive Sunroof Market Size
Automotive Sunroof Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global automotive sunroof market is projected to grow at a CAGR of 7% between 2024 and 2032.
The major drivers of the market include the rapid technological advancements, increase in disposable income, increasing investment in the domestic production capacity, and government measures to increase the acceptance of electric cars.
Increasing demand for passenger comfort and convenience and increase in demand for luxury automobiles are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
By type, the market is divided into built-in, tilt and slide, pop-up, panoramic, top mount, removable, and solar type, among others.
Based on material type, the market is categorised into fabric and glass, among others.
By engine type, the market is bifurcated into internal combustion engine and electric powered.
The market is divided based on vehicle type into premium cars, sports utility vehicle, and hatchback, among others.
On the basis of end-use, the market is segmented into passenger vehicle and commercial vehicle, among others.
The major players in the industry are Webasto Group, Yachiyo Industry Co., Ltd., CIE Automotive S.A., Automotive Sunroof-Customcraft (ASC) Inc., and AISIN SEIKI Co., Ltd., among others.
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