Africa and Middle-East Automotive Sunroof Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – Webasto Group, CIE Automotive, Inteva Products LLC, Inalfa Roof System Group BV, Yachiyo Industry Co Ltd

Latest research on Africa and Middle-East Automotive Sunroof Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Africa and Middle-East Automotive Sunroof market. This report included a special section on the Impact of COVID19. Also, Africa and Middle-East Automotive Sunroof Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Africa and Middle-East Automotive Sunroof industry.

Africa and Middle-East Automotive Sunroof market is growing at a CAGR of 9% during the forecast period (2021-2026).

The Africa and Middle-East Automotive Sunroof market is highly competitive and consists of a number of major players. Top Companies like Webasto Group, CIE Automotive, Inteva Products LLC, Inalfa Roof System Group BV, Yachiyo Industry Co Ltd, Johan America Inc, Signature Automotive Products, Magna International Inc, Aisin Seiki Co Ltd

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Scope of the Report

A sunroof is often considered an additional feature in automobiles, which is available in fixed or operable (venting or sliding) openings, in an automobile roof. Sunroof, as a feature in automobiles, was installed way back in 1932, when Mercedes Benz offered the first car sunroof.

The trend of the sunroof as an optional feature has gradually changed as it is now a standard feature in most of the premium and luxury cars and in a few mid-segment cars. The first car company to offer sunroof as a standard option was the Nash Motor Company, which installed a sunroof in some of its 1937 models.

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Key Market Trends

Increased Adoption of Sunroofs in Sports Utility Vehicles

A rise in the adoption of sunroofs in vehicle rooftops, globally, is expected to augment the automotive sunroof market during the forecast period. The rise in the use of sunroofs from the aftermarket is also significantly driving the demand for the automotive sunroof system.

SUVs (Sports Utility Vehicles) are big cars, ideal for rough surfaces and off-road. These cars can accommodate about five to seven people. The automotive sunroof market for SUV includes the scope for the multi-utility vehicle (MUV).

With the traditional markets in Europe and the Americas experiencing a decline in the demand after the recent global financial crisis, support to the automotive industry came from developing economies of Asia-Pacific, over the past three years. The impact of the global financial crisis in India and China was relatively mild, and therefore, the automotive industry in these countries remained buoyant compared to their western counterparts.

Saudi Arabia to Drive the Sunroof Market

Saudi Arabia dominated the market, with over 60% market share, is expected to witness a higher CAGR during the forecast period.

Automakers and dealerships are rapidly expanding into Saudi Arabia’s interior parts and the market is not witnessing any contraction. It is estimated that the automotive sales in Saudi Arabia may hit more than 30 million vehicles by 2022. If this target is reached, the Saudi Arabian automotive market may outpace others in this region.

Large population, shift in preference toward advanced convenience features, and higher spending rates on luxury cars are some of the major driving factors for the sunroof market in the country. Over the past five years, the sales of the sedan, luxury, and premium cars in the country grew exponentially, opening up the market for the sunroof industry. Unlike in the western world, even C-segment sedans in the country are being introduced with optional sunroof variants.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Africa and Middle-East Automotive Sunroof Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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