Automotive Sunroof Market was valued at US$ 8.64 Bn in 2021 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.
Market Overview
Most comprehensive Automotive Sunroof Market segmentation report published by an intelligence marketing and business consulting firm indicates the lucrative is expected in the Automotive Sunroof market through the forecast period 2022-2029. The report gives brief description of Automotive Sunroof market segments on global Automotive Sunroof market and industry basis to its readers and is also profitable for the key players and new entrants of the market.
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Market Scope
The report consists of the in-depth analysis of the market trends with help the of the micro and macro variables in detail. The research includes the pinpoints of the market sizing and forecasts quipped with current environmental and other ongoing developments that would affect the Automotive Sunroof market. For the competitive analysis the major factors of the Automotive Sunroof market are analysed thoroughly to help clients gain an edge over their competitors. The analysis is conducted based on their position in the market and revenue generated, profit margins, marketing strategies and technological advancements and product differentiation. The customizable reports help manufacturers in making study of competitors and the new entrants and their strategies and tactics for market. The combination of primary and secondary data is used for qualitative and quantitative analysis of the Automotive Sunroof market. Thus the report acts as a tool for a clear understanding of the Automotive Sunroof market and its utilization.
Automotive Sunroof Market Segmentation
The automotive sunroof market is split into glass and fabric based on material type. With a 71% market share in 2021, the glass category dominated the world market. Tempered glass and laminated glass are used to make glass sunroofs. The market expansion of the glass segment is attributed to the presence of hardness, increased energy efficiency, transparent and tinted glass, less expensive, ventilation characteristics, and growing demand for solar glass sunroof. The market for fabric-based products is growing slowly due to issues like the high cost of fabric glass, decreased scratch resistance, and increased noise.
The Automobile Sunroof market is divided into three product categories: Panoramic, Built-in, and Foldable. The panoramic market segment, which was valued at US$ 3.1 Bn in 2021, leads the entire world. The elements contributing to the rise of the panoramic section include the existence of better ventilation, an improved sense of openness to cars, lower noise output, and an improved greeting space. It aids in reducing unnecessary weight, headroom, and structural integrity. These are the driving forces behind market expansion.
The Automotive Sunroof market is divided into mid-segment vehicles and premium and luxury sector vehicles based on the kind of vehicle. The market is dominated by the premium and luxury sector, which had a 50% market share in 2021. The main drivers of the expansion of the premium and luxury class automobiles include high performance, strong demand for electric vehicles, improved safety systems in sunroofs, increased production of SUVs, and other features.
Automotive Sunroof Key Players
• BOS GmbH & Co. KG
• Aisin Seiki Co Ltd
• Webasto
• Inalfa
• Inteva
• Yachiyo
• Mobitech
• Wanchao
• Wuxi Mingfang
• Johnan Manufacturing
• Motiontec
• Shenghua Wave
• Donghee
• Jincheng
• DeFuLai,
• Cie automotive
Regional Analysis
The Automotive Sunroof market was held by the Asia Pacific region in 2021 and is expected to grow at a significant rate over the forecast period. Regional growth is being led by the increasing populations in growing economies. The government initiatives also affect the in growth of the market regionally, it gives the manufacturers a lucrative opportunities to their production. With the help of the Automotive Sunroof market report the new entrants of the market can understand the regional market and apply their new strategies for the industry.
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Key Questions answered in the Automotive Sunroof Market Report are:
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Automotive Sunroof Market Global Production , Automotive Sunroof Market Growth , Automotive Sunroof Market Share
Mar 10, 2023
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