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Automotive Sunroof Market | Top Key Players Aisin Seiki, Inalfa Roof Systems, Webasto Roof Systems, Inteva Products, Johnan America, Yachiyo Industry, CIE Automotive, Automotive Sunroof and Magna International

11-12-2018 10:18 AM CET | Tourism, Cars, Traffic

Press release from: Allied Market Research

Automotive Sunroof Market

Automotive Sunroof Market

According to a recent report published by Allied Market Research, titled, Automotive Sunroof Market by Material Type, Vehicle Type, and Region: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global automotive sunroof market was valued at $6,384.4 million in 2017, and is projected to reach $13,553.9 million by 2025, registering a CAGR of 9.7% from 2018 to 2025.

Access Full Report Summary: https://www.alliedmarketresearch.com/automotive-sunroof-market?utm_source=OpenPR

At present, Europe dominates the market, followed by Asia-Pacific. In 2017, Germany dominated the Europe market, while in the Asia-Pacific, China currently dominates the market.

The global automotive sunroof market is driven by innovation in glass technology and rise in demand for safety, comfort, & convenience features. Furthermore, rise in demand for premium cars and improvement in aesthetic value of glass surface area in automobiles including larger sunroofs propel the growth for the automotive sunroof market. In addition, increasing consumer preference toward automotive sunroof vehicles in developing nations further boosts the demand for automotive sunroofs in the global market.

High integration & maintenance cost, low penetration of sunroof in low segment vehicles, and incidents of shattering & crushing of sunroofs are some of the major restraining factors of this market. Moreover, increasing penetration of solar sunroofs in electric vehicles across the globe and surging sales of automotive vehicles ensure emerging growth opportunities for this market worldwide. These features offer lucrative opportunities for the automotive sunroof market.

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Key Findings of the Automotive Sunroof Market:

•Based on material type, the glass segment dominated the global automotive sunroof market in 2017.
•As per vehicle type, the gasoline powered vehicle segment dominated the global automotive sunroof market in 2017. However, the electric powered vehicle segment is expected to grow at the highest CAGR during the forecast period (20182025).
•Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

The key players operating in the global automotive sunroof market are Aisin Seiki Co., Ltd., Inalfa Roof Systems Group B.V., Webasto Roof Systems, Inc., Inteva Products, LLC., Johnan America, Inc., Yachiyo Industry Co., Ltd., CIE Automotive, BOS GmbH & Co. KG, Automotive Sunroof Company, Inc., and Magna International, Inc.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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