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Global Automotive Sunroof Market Research Report (Includes Business Impact of COVID-19) With Vital Information on Key Players: Motiontec, SHB Group, DeFuLai Automotive Parts, Jincheng Accessories, Wanchao Electric Appliance, CIE Automotive,

12-07-2020 07:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Automotive Sunroof Market

Automotive Sunroof Market

Overview:
The automotive sunroof is basically the opening on the car's roof that enables light and fresh air to enter the passenger compartment. Most sunroofs installed in cars are fitted with rain sensors, which close on their own with the detection of wetness. This kind of mechanism allows drivers to open their car's trunk to keep the interiors warm when the sun goes down. The global automotive sunroof market is expected to grow at a high rate due to the growing preference for sunroof fitted vehicles.

Drivers:
Growing preference for sunroof-fitted vehicles, rising demand for consumer comfort and safety features, and increasing demand for SUVs (Sport Utility Vehicle) are major factors driving the growth of the global automotive sunroof market. For instance, according to the International Energy Agency, there are over 200 million SUVs across the world as of January 2020. Moreover, increasing technological advancement is also fueling market growth.

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Restraints:
High installation and maintenance cost of sunroof and reduction in fuel efficiency of vehicles are the major factor restraining the global automotive sunroof market.
The Coronavirus Epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situations. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report. The report will account for COVID 19 as a key market contributor.

Regional Insights:
The Asia Pacific dominates the global automotive sunroof market due to a rise in disposable income and growing demand for premium vehicles in emerging economies of the region such as India and China. For instance, the disposable personal income in India in 2019 increased to US$ 2,699,821.02 million from US$ 2,517,856.54 million in 2018, according to the Ministry of Statistics and Program Implementation, Government of India.

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Competitive Section:
Key players of the global automotive sunroof market are Motiontec, SHB Group, DeFuLai Automotive Parts, Jincheng Accessories, Wanchao Electric Appliance, CIE Automotive, Shanghai Mobitech, Donghee, Johnan Manufacturing, Aisin Seiki, Yachiyo, Inteva, Inalfa, and Webasto.

Key Findings:
• In August 2019, Webasto provided their sunroof to Tata Harrier as an official accessory.
• In May 2019, CIE Automotive bought the automotive sunroof and panel system unit of Inveta.

Enumerating some of the fundamental parameters encompassed in the report:
• A detailed evaluation of this industry space
• A highly accurate forecast of the valuation of this business
• A fairly definite projection of the growth rate that this market might record over the forecast duration
• Automotive Sunroof market segmentation
• The numerous growth opportunities prevailing in the vertical

Global Automotive Sunroof Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Automotive Sunroof Market by Type
4 Major Companies List
4.1 Motiontec (Company Profile, Sales Data, etc.)
4.1.1 Motiontec Profile
Table Motiontec Overview List
4.1.2 Motiontec Products & Services
4.1.3 Motiontec Business Operation Conditions
Table Business Operation of Motiontec (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion

Worldwide Market Reports provides customization of reports as per your request. This report can be personalized to meet your requirements. Get in touch with our research team, who will make sure you get a report that suits your necessities.

Customization Service of the Report: Place Query: https://www.worldwidemarketreports.com/quiry/227377

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Explored by Amrut

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Email:sales@worldwidemarketreports.com

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