Press release
Automotive Sunroof Market Top Key Players – Webasto, Inalfa, Yachiyo, CIE Automotive, Aisin Seiki Co Ltd, Johnan Manufacturing Inc Japan, Wuxi Mingfang, BOS GmbH & Co, Inteva Products, Magna International
• The increase in volume of the power sunroof is mainly due to the addition of premium features to the lower trim, which is gaining popularity.
• The penetration rate of panoramic sunroofs will be higher in future models if the comfort factor matches the price advantage that OEMs have to offer due to a premium feel that will appeal to consumers.
• Electric vehicles are expected to expand the penetration of sunroofs due to the premium recognition in the market, which is expected to affect the growth of the sunroof market until 2025.
• One of the main drivers of sales growth in the region in Europe is related to the high penetration of premium vehicles such as Daimler, BMW and Audi, and the high penetration between trim levels of existing models.
A sunroof is often considered an optional feature of a car, which is a fixed or sliding mechanism. The trend toward optional sunroofs has gradually become one of the standard features of luxury and luxury vehicles. The automotive sunroof market is driven by innovations in glass technology and increasing demand for safety, comfort and convenience features.
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AUTOMOTIVE SUNROOF MARKET DYNAMICS
Existing ICE vehicles will undergo overhaul and feature upgrades over the next few years, adding premium features to the sub-segment. Filling the car with additional features allows OEMs to offer a sunroof at a lower price point.
Growth in EV production worldwide will positively impact the growth of sunroofs as most OEMs add premium features to each EV model. Strong growth in the SUV segment is expected to benefit the sunroof industry due to the increased penetration of sunroofs in the SUV and compact SUV segments.
AUTOMOTIVE SUNROOF MARKET SEGMENTATION
By Material
• Glass
• Fabric
By Operation
• Manual
• Automatic
By OEMs
• Toyota
• GM
• Ford
• Mercedes
• BMW
• Hyundai
By Vehicle Type
• Sports Utility Vehicle
• Sedan
• Hatchback
By Type
• Panoramic
• Spoiler Type
By Geography
• US
• China
• Europe
• Japan
• ROW
GLOBAL AUTOMOTIVE SUNROOF MARKET SIZE AND FORECAST
The global sunroof market will grow from XXM in 2019 to XX in 2025 at a CAGR of XX%. The size of the automotive sunroof market will grow mainly due to the growth of electric vehicle sales after the pandemic.
China will be the largest contributor to sales growth owing to the aggressive growth of the electric vehicle market, followed by Europe, with the high popularity of premium vehicles being an additional factor.
The global sunroof market will grow from USD XX billion in 2019 to a CAGR of XX% in 2025. The sunroof market will see added value in drive and fiberglass prices. Innovations and smooth operation of the fiberglass used in hatches will also drive up the price of this component.
AUTOMOTIVE SUNROOF MARKET COMPANY PROFILES
• Webasto
• Inalfa
• Yachiyo
• CIE Automotive
• Aisin Seiki Co Ltd
• Johnan Manufacturing Inc Japan
• Wuxi Mingfang
• BOS GmbH & Co
• Inteva Products
• Magna International
Read More Information: https://mobilityforesights.com/product/automotive-sunroof-market/
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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