Sunroof Market 2018 Key Country Analysis: Global Key Manufacturers Webasto, Inalfa Roof, Inteva, Magna, Aisin Seiki, Nippon, Automotive Sunroof, Yachiyo, Preh IMA Automation, Evansville, And BOS

Sunroof Market 2018 Global Industry Trends, Size, Share, Sales and Regional Analysis Report, include historic data, with forecast data to 2024. Sunroof Market research report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, and key player’s outlook. Global Sunroof Market is growing at high growth rate during forecast period of four years from 2018.

Sunroof Market is segmented by Material (Glass and Fabric), By Sunroof Type (Top-Mount, Panoramic, Solar and Others), By Vehicles (Sedan/Hatchback, SUV and others) and Region.

Competitive Landscape:

The key players of global power sunroof market include Webasto (U.S.), Inalfa Roof Systems (Netherlands), Inteva (U.S.), Magna International (Canada), Aisin Seiki (Japan). Nippon Sheet Glass Co., Ltd (Japan). Automotive Sunroof Company (Canada), Yachiyo Industry Company Ltd. (Japan) and Preh IMA Automation (PIA) Evansville (U.S.), BOS (Germany)

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Global Sunroof Market Overview:

Power sunroof is most recent trend in the vehicles that is in huge demand. The sunroof is usually installed at the roof of the vehicle in order to allow light and fresh air to enter the interior. The power sunroof are available in two types such as manually or automatically operated according to the type of car. The size, shape, and style of power sunroof depend on the vehicle type. The development of new and diversified technologies is creating exciting opportunities within the automotive industry. There are various factors responsible for the growth of the power sunroof market which includes increasing population, the demand for vehicles, leading to an increase in the production of automobiles. Substantial developments in component materials combined with increasing number of factory installed sunroofs are estimated to positively impact the market demand.

The automotive manufacturers are majorly focusing on increased investment in research and development. The increased investment in research and development will result in development of innovative and advance product lines. This will result in increased demand for power sunroof in vehicles. The automotive manufacturers are more inclined towards Research and development.  They majorly focus on advantageous locations for production and short-distance supply to reduce costs. Power Sunroof are expected to be promising in future due to the dynamic factors such focus on high-quality products, changing lifestyle of consumers and rising spending power.

The automotive manufacturers started developing large sunroofs in the early 2000s, and now they can be found in various models such as the Hyundai Veloster, Scion and Mini Cooper. The global power sunroof market on the basis of material type, is expected to be dominated by glass, followed by fabric. The glass type sunroofs are mostly preferred by customers since they offer better transparency, along with an open and spacious atmosphere.

The market for glass sunroof is expected to grow at highest CAGR due to latest innovations in the field of solar sunroofs for electric vehicles and panoramic sunroof segment. In past few years, automotive manufacturers have often designed panoramic sunroofs for concept cars to make the interiors luxurious. But manufacturers don’t prefer it into production because they were heavy and affects the roof's structural integrity. This will be the restraining factor that will affect the growth of the market in future.

Sunroof Market Segmentation:

The global Power Sunroof market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Material: Comprises Glass And Fabric.
Segmentation by Sunroof Type: Comprises Top-Mount, Panoramic, Solar And Others.
Segmentation by Vehicles: Comprises Sedan/Hatchback, SUV and others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Sunroof Market Regional Analysis:

Power sunroof market catered across different geographical regions namely North America, Europe, Asia Pacific, Middle-East and Africa along with further country wise segmentation. Currently, Europe dominates the sunroof market throughout the forecast period, followed by North America. Panoramic sunroof is the fastest growing segment, which will dominate the market in the forecast period. Asia-Pacific is expected to see significant growth as large demand and production of automobiles. This is primarily due to development of automotive manufacturing industries in economies such as Japan and South Korea and the continued strong support for solar sunroofs.

Automotive vehicle production has been growing rapidly with a substantial increase in global population and vehicle owning capacity. The demand for sunroof witnessed a spike in popularity, especially among the younger population in Asian countries. These factors have been greatly influenced by the use of sunroof systems and the developments in them, which in turn have propelled the market, globally.

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