Global Automotive Sunroof Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Global automotive sunroof is a movable panel that is operable to uncover an opening in an automotive roof, which allows light /fresh air to enter the compartment. Sunroof is used generically to describe any glass panel in the roof, and are either manually operated or motor driven and available in many shapes, sizes, and styles.

Global Automotive Sunroof Market Segments Size & Growth:

Global automotive sunroof market is valued at $5.67 Billion in 2017 and is expected to reach $11.20 Billion by 2024 at a CAGR of 10.81%. The key parameters propelling the market growth involves rising consumer demand for safety and comfort, increasing disposable incomes, technological advancements in architecture and materials are allowing low range cars to be optimally fitted with quality sunroofs. Increasing sunroof automotive demand as after-sale customisation has led to a spike in popularity, mainly among the young population across the world contributing to the automotive sunroofs market growth. The manufacturers of automotive sunroofs should meet all the worldwide safety regulations and standards. Webasto SE accounted for more than 50% of the automotive sunroof market share, in 2015. The company invests heavily in R&D and innovation activities to come up with new product developments.

Global Automotive Sunroof Market Segments Share:

Global automotive sunroof market is categorised into material type and application among which material type is sub-segmented into glass sunroof and fibre sunroof. Glass sunroof is sub-segmented into in-built glass sunroof, tilt and slide glass sunroof, panoramic glass sunroof, top-mount glass sunroof, pop-up glass sunroof and solar glass sunroof. Fibreglass sunroof is sub-segmented into the foldable fibre and removable fibre. “Fiberglass” refers to the complete glass fibre reinforced the composite material, rather than only to the glass fibre within it. Among which glass sunroof is the leading segment constituted for over 70% of the overall sunroof market. It is projected to account for over 80% owing to the technological advancements in the electric vehicle segment and innovations in solar sunroof segment. Based on application, the market is segmented into sports utility vehicle, sedan, premium cars, and hatchback. Among which premium cars are again categorised into luxury, entry-level and mid-segment cars in which entry-level cars are anticipated to the fastest growing segment in APAC regions owing to the low cost and infrastructure. Geographically, Europe dominated the sunroof market because of growing sales in high-end luxury car segment and is expected to continue the trend during the forecast owing to the increased sales in Germany and UK. North America is estimated to be the second largest market followed by Asia-Pacific and APAC is expected to show considerable growth because of changing consumer preferences and growing demand for sunroofs in China.

Global Automotive Sunroof Market Trends:

• Developing sunroofs with built-in solar cells.
• Significant investment in reducing noise sources and improving the level of passenger comfort.
• Customer preference towards a more open interior space and better protection from sun glare for comfort sunroofs.

Global Automotive Sunroof Market Research Report includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players are

• Wabasto SE
• ACS France SAS
• Inteva Products LLC
• Inalfa roof systems group
• Aisin Seiki Co. Ltd

Along with these companies, there were many other companies considered/cited in the report while analysing the automotive sunroof market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.”