Automotive Sunroof Market: Global Industry Analysis And Forecast (2023-2029)

Automotive Sunroof Market was valued at US$ 9.57 Bn in 2022 and expected to grow at a CAGR of 10.8% during the forecast period. Thanks to the growing trend glass sunroof use has boosted demand for Global Automotive Sunroof Market.
Automotive Sunroof Market Overview:
The sunroof is panel mounted on the top of vehicles like cars, jeeps, and trucks. Sunroof works with a small motor when the motor starts spinning the rod connected with the sunroof starts its movement in the forward and backward direction. These sunroofs are used to allow fresh air and light inside the vehicle and they also create a pleasant and bright vehicle interior. Types of sunroofs available in the market are removable sunroofs and sliding sunroofs. Sunroofs are useful in saving fuel by turning off AC, availability of Vitamin-D from entered sunlight helps in dissipating heat quickly and benefit wildlife photographers. As a result of these factors automotive sunroof market is expected to reach US$ 15.99 Bn. during the forecast period.To know about the Research Methodology :- Request Free Sample Report
Automotive Sunroof Market Dynamics:
The rapid growth of the automobile industry, the rise of population, increased disposal incomes, and effective ventilation and comfort-oriented features are the main factors attracting the growth of the automotive sunroof market. According to the “International Organization of Motor Vehicle Manufacturers”, more than 5.3 Cr passenger vehicles are manufactured around the globe.

Increased attraction towards sport vehicles and electric vehicles is expected to boost the market growth. Technological advancements in sunroof glass-like dynamic smart glass and light control technology, 3-D glass technology by Panasonic, and introduction of the solar roof by Tesla are adding an advantage to the automotive market growth.

Automotive sunroofs help in reducing air pollution and fuel consumption by vehicles. The “MOBILE6” report of the US, shows the impact of air conditioning on global air pollution. Increased development in sunroof glazing technologies like single glazing, double glazing, and low E-glazing to provide better energy efficiency are expected to drive market growth.

Some of the factors that are affecting the growth of automotive sunroofs are the need for regular maintenance, open sunroof creates additional drag during high speed, because of high weight they affect the mileage of vehicles, rust around the sunroof affects the structural integrity of the vehicle, highly expensive, reduces the space in the vehicle and need a lot of time for its cleaning.
Automotive Sunroof Market Segment Analysis:
Based on Material Type, the global Automotive Sunroof market is sub-segmented into glass and fabric. The glass segment dominates the global market and it held a share of 71 % in 2022. Glass sunroofs are made of tempered glass and laminated glass. The presence of hardness, increased energy efficiency, transparent and tinted glass, less expensive, ventilating features and increased demand for solar glass sunroof are the factors attributing to the growth of the glass segment in the market. The high cost of fabric glass, less resistance to scratches and increased noise are factors slowing the growth of the fabric segment in the market.

Based on Product, the Automotive Sunroof market is sub-segmented into Panoramic, Built-in, and Folding. The panoramic segment dominates the global market and was valued at US$ 3.1 Bn in 2022. The presence of superior ventilation, enhanced sense of openness to vehicles, lower noise production, and improved reception area are the factors attributing to the growth of the panoramic segment. It helps in the reduction of headroom, reduces excess weight, and structural integrity. These are the boosting factors for market growth.

Based on Vehicle, the Automotive Sunroof market is sub-segmented into mid-segment vehicles and premium and luxury segment vehicles. The premium and luxury segment dominates the market and it held a share of 50% in 2022. High performance, high demand for electric vehicles, improved safety systems in sunroofs, increases production for the SUV’s and comport features are the major factors for the growth of the premium and luxury segment vehicles.
Regional Insights:
Asia-Pacific is the dominating region in the Automotive Sunroof Market. Growing population, increasing disposal income, growing need for safe and cost-efficient automotive sunroofs, technological advancement in glass and sunroof technology, increased investment to reduce global emission are the factors driving the growth of the global automotive Sunroof Market. Global automobile producers like “MG hector” is expected to launch their product in Nepal and “Suzuki” S-Cross is expected to make its global debut by 2022. US, EU, Japan, and South Korea are expecting to invest billions of dollars in the production of electric vehicles and autonomous vehicles by 2030. These are some recent developments expected to add advantage to the market growth in this region

Europe is the second dominating region in the Automotive Sunroof Market. The presence of major key players, advancement in electronic control systems, and raising of passenger vehicle sales are the main factors for the development of the Sunroof market in this region.

Technological advancements like Panasonic Webasto, A2- solar, cruise car, and solar drive, and acquisition of “Blue Yonder” by Panasonic for US$ 8.5Bn are expected to boost the market growth in this region.

The objective of the report is to present a comprehensive analysis of the global Automotive Sunroof market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Automotive Sunroof market dynamics, structure by analyzing the market segments and projecting the Automotive Sunroof market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Automotive Sunroof make the report investor’s guide.
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Automotive Sunroof Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 9.57 Bn.


Forecast Period 2023 to 2029 CAGR:
10.8 %
Market Size in 2029:
US $ 19.63 Bn.


 Segments Covered:
by Material
Glass
Fabric


by Product
Panoramic
Built-in
Folding


by Vehicle
Mid-segment vehicles
Premium and large segment vehicles



Automotive Sunroof Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players
1. BOS GmbH & Co. KG
2. Aisin Seiki Co Ltd
3. Webasto
4. Inalfa
5. Inteva
6. Yachiyo
7. Mobitech
8. Wanchao
9. Wuxi Mingfang
10.Johnan Manufacturing
11.Motiontec
12.Shenghua Wave
13.Donghee
14.Jincheng
15.DeFuLai,
16.Cie automotive

Frequently Asked Questions:

1. Which region has the largest share in Automotive Sunroof Market?
Ans: Asia-Pacific held the largest share in 2022.

2. What is the growth rate of the Automotive Sunroof Market?
Ans: The Automotive Sunroof market is growing at a CAGR of 10.8 % during the forecasting period 2023-2029.

3. What segments are covered in Automotive Sunroof Market?
Ans: Automotive Sunroof market is segmented into material type, product and vehicle.

4. Who are the key players in Automotive Sunroof Market?
Ans: BOS GmbH & Co. KG, Aisin Seiki Co Ltd, Webasto, Inalfa, Inteva, Yachiyo, Mobitech, Aisin Seiki, Wanchao, Wuxi Mingfang, Johnan ManufacturingMotiontec, Shenghua Wave, Donghee, Jincheng,DeFuLai, Cie automotive Hitachi Automotive Systems Americas Inc

5. What is the study period of this market?
Ans: The Automotive Sunroof market is studied from 2022 to 2029.