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Automotive Sunroof Market to witness high demand with key key players during 2020-2026 | Inalfa Roof Systems Group B.V., Webasto Roof Systems, Inc., Inteva Products, LLC., Johnan America, Inc.

03-16-2020 12:44 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Automotive Sunroof

Automotive Sunroof

The main objective of the "Global Automotive Sunroof Market" report is to depict the trends and upcoming for the Automotive Sunroof industry over the forecast years. Automotive Sunroof Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2018 to 2025 mulling over 2017 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

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The global automotive sunroof market is driven by innovation in glass technology and a rise in demand for safety, comfort, & convenience features. Furthermore, the rise in demand for premium cars and improvement in the 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.

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. Europe dominates the market in 2017, 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 a rise in demand for safety, comfort, & convenience features. Rise in demand for premium cars and improvement in the 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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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 electrically 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,
o Aisin Seiki Co. Ltd.
o Inalfa Roof Systems Group B.V.
o Webasto Roof Systems Inc.
o Inteva Products LLC.
o Johnan America Inc.
o Yachiyo Industry Co. Ltd.
o CIE Automotive
o BOS GmbH & Co. KG
o Automotive Sunroof Company Inc.
o Magna International Inc.

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Key questions answered in Automotive Sunroof Market research study:
o What is the market growth rate of Automotive Sunroof Market from 2018-2025?
o What will be the global market size of the market from 2018 to 2025?
o Who are the leading global manufacturing companies in the Automotive Sunroof Market?
o What are the major current trends and predicted trends?
o What are the challenges faced in the Automotive Sunroof Market?

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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