Automotive Sunroof Market Outlook And Estimated Growth 9.78% By 2023; Covering Top Players - Webasto, Inalfa, Inteva, Aisin Seiki, Johnan Manufacturing, Donghee, Shanghai Mobitech, Jincheng Accessories and others

The global automotive sunroof market is currently being driven by the rising consumer demand for safety and comfort. Increasing disposable incomes are allowing a greater number of consumers to afford high-end luxury cars, while technological advancements in architecture and materials is allowing lower range cars to be optionally fitted with quality sunroofs. Both factors are likely to provide a substantial impetus to the global automotive sunroof market over the coming years. The global automotive sunroof market is also being propelled by the increasing development of passenger cars in general. However, the market is currently being stifled by utility issues such as the crushing of sunroofs during accidents or due to manufacturing defects. The installation of sunroofs also increases the overall maintenance cost of a car, making it an unwanted feature for low-end car buyers.

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The worldwide market for Automotive Sunroof is expected to grow at a CAGR of roughly 8.8% over the next five years, will reach 9780 million US$ in 2023, from 5910 million US$ in 2017, according to a new WMR study.

Europe Leads Demand for Automotive Sunroofs:

The automotive sunroofs market across the globe is currently driven by its exceptionally high volume of demand in the European region. Europe also holds a high potential demand for premium vehicles and along with increasing consumer’s demand for comfort systems, the adoption of sunroofs in all passenger vehicles has increased over the forecast period in Europe. Glass sunroofs are adopted in approximately 60% of the vehicles using sunroof systems in Europe.

Asia Pacific occupies the second position in terms of demand in the global automotive sunroof market, after Europe. A majority of the car buyers as well as manufacturers treat sunroofs as an after-sales market in Asia Pacific, allowing a massive scope of entry for all levels of players in this region. The complementing growth of the automobile sector in Asia Pacific is expected to further drive the market for sunroofs in India, China, and Japan. Governments from Asia Pacific, MEA, and Latin America are providing incentives to environment friendly industries, of which the global automotive sunroof market can be a part of. This has in turn helped in draw in huge investments from leading global companies of automotive sunroofs providers for setting up new facility manufacturing units in these regions.

Glass Sunroofs Top Demand Volume:

Based on material types, in terms of revenue, the global automotive sunroofs market was primarily driven by glass sunroofs with the leading market share in 2015 and is also expected to hold the top market share over the forecast share. Glass is a commonly used material in the manufacturing of sunroofs. Glass sunroofs are preferred by consumers since they offer better transparency, along with an open and spacious atmosphere. The market for fiber sunroofs will experience declining growth owing to the decline in demand for convertible tops. With growing lightweight and fuel efficiency trends, carbon fibers and polymers are also gaining popularity. In the glass sunroof type market segment, the in-built glass sunroof sub-segment occupies the leading market share. Pop-up, tilt and slide, panoramic, top-mount, foldable, and removable sunroofs are the most commonly available varieties. Solar sunroofs are the new entrant and the energy from the photovoltaic cells of the solar sunroofs are now being used to power the vehicle’s climate control systems.

Leading players operating in the global automotive sunroofs market so far, have included Aisin Seiki Co. Ltd. (Japan), Inalfa Roof Systems Group B.V. (Netherlands), Inteva Products, LLC. (Troy), Webasto SE. (Germany), and Valmet Automotive (Finland).

The information for each competitor includes:
• Company Profile
• Main Business Information
• SWOT Analysis
• Sales, Revenue, Price and Gross Margin
• Market Share

Market Segment by Products, covers
• Pop-Up Sunroofs
• Spoiler Sunroofs
• Inbuilt Sunroofs
• Sliding Sunroofs
• Panoramic Roof Systems
• Folding Sunroofs

Market Segment by Applications, can be divided into
• Commercial SUV
• Passenger Cars

Geographically, this report split global into several key Regions, with sales (MT), revenue (Million USD), market share and growth rate of Commercial Automotive Sunroof for these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Table of Contents
1 Commercial Automotive Sunroof Market Overview
2 Global Commercial Automotive Sunroof Competition by Players/Suppliers, Type and Application
3 United States Automotive Sunroof (Volume, Value and Sales Price)
4 China Commercial Automotive Sunroof (Volume, Value and Sales Price)
5 Europe Commercial Automotive Sunroof (Volume, Value and Sales Price)
6 Japan Commercial Automotive Sunroof (Volume, Value and Sales Price)
7 Southeast Asia Commercial Automotive Sunroof (Volume, Value and Sales Price)
8 India Commercial Automotive Sunroof (Volume, Value and Sales Price)
9 Global Commercial Automotive Sunroof Players/Suppliers Profiles and Sales Data
10 Commercial Automotive Sunroof Maufacturing Cost Analysis
12 Marketing Strategy Analysis, Distributors/Traders
13 Market Effect Factors Analysis
14 Global Commercial Automotive Sunroof Market Forecast (2018-2023)
15 Research Findings and Conclusion
16 Appendix

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This release was published on openPR.