Power Sunroof Market Size & Share For Automotive - Industry Trend and Forecast 2017 - 2025

The report analyzes and presents an overview of "Power Sunroof Market For Automotive - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Power Sunroof Market For Automotive” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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The most iconic style adoptions for cars, among all recent trends, is that of the sunroof. A car sunroof is an opening on the top of a car roof, which allows light or fresh air to enter into the car. Based on the type of car, sunroofs may be manually or automatically operated. They come in different shapes, sizes, and styles and act as an extra accessory and not a standard one. The power sunroof market is a highly dynamic market and is expected to expand at a high growth rate during the forecast period. The development of new and diversified technologies is creating exciting opportunities within the automotive industry.

Demand for vehicles is increasing due to the rise in population, leading to an increase in the production of automobiles. Significant developments in component materials combined with increasing number of factory-installed sunroofs are estimated to positively impact the market demand. The growing production of customized sunroof tracks is major trend gaining traction in the global automotive power sunroof market. Manufacturers are introducing customized parts that are designed and built using special machinery as per the requirements of the customer. Challenges associated with design and manufacturing glass sunroofs are expected to hamper the structural integrity of the vehicle due to change in the center of gravity due to the increased weight on the rooftop.

The global power sunroof market for automotive can be segmented based on material, type, motor type, vehicle, sales channel, and region. In terms of material, the power sunroof market can be divided into glass and one more segment. The global power sunroofs market was primarily driven by glass sunroofs with the leading market share in the forecasting year and is also expected to hold the major market share in the forecasting year. Glass is a commonly utilized material in the manufacturing of sunroofs. Glass sunroofs are preferred by consumers since they offer better transparency, along with an open and spacious atmosphere. In terms of type, the power sunroof market can be classified into inbuilt, spoiler/tilt & slide, top-mount, panoramic, and solar. Latest innovations in the field of solar sunroofs for electric vehicles and panoramic sunroof segments are estimated to propel the power sunroof market during the forecast period.

In terms of motor type, the power sunroof market can be divided into DC brushed motor, and two other segment. The DC brushless motor segment is estimated to expand significantly during the forecast period due to the high output power, small size, better heat dissipation, higher speed range, and low-noise operation than DC brushed motors. However, DC brushed motors segment are projected to account for significant share of the power sunroof market during the forecast period. Simple usage and low cost are the key factors driving the demand for DC brushed motors.

In terms of vehicle, the power sunroof market can be split into passenger vehicle and commercial vehicle. The passenger vehicle segment can be further sub-segmented into hatchback cars, sedan cars, premium cars, and others. Sedans and hatchback cars have been grouped together in the power sunroof market. This vehicle segment presents significant opportunities for the power sunroof market, as it is a prominent segment in the automotive industry and also because sunroofs are mostly used to lend a stylish appearance to these vehicles. Automakers provide a power sunroof as standard or optional equipment based on which the price of vehicle increases or decreases. Based on sales channel, the power sunroof market can be segmented into OEM and aftermarket. Demand for sunroof systems, in the OEM segment, has increased significantly.

In terms of geography, the power sunroof market can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is estimated to account for a prominent share, in terms of value and volume, of the power sunroof market during the forecast period. The market in Asia Pacific is projected to expand during the forecast period. Developing economies such as China and India are expected to play a major role in the increase in vehicle production in the region. Furthermore, increasing installation of power sunroof in vehicles such as sedan/hatchbacks and SUVs has boosted the demand for power sunroof in Asia Pacific.

Key players operating in the global power sunroof market include Webasto, Inalfa Roof Systems, Inteva, Magna International, Aisin Seiki, Nippon Sheet Glass Co., Ltd, Automotive Sunroof Company, Yachiyo Industry Company Ltd., Preh IMA Automation (PIA) Evansville, and BOS (Germany).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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