Automotive Sunroof Market Size, Strategies and Opportunities Forecast 2022-28

According to Precision Business Insights (PBI), the latest report, the automotive sunroof market size is expected to be valued at USD 5,953.6 million in 2022, which is expected to grow at a CAGR of 9.5% from 2022-2028. The primary factors that drive the market are the increasing demand for comfort, convenience, and safety features and novel innovation in glass technology.

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Built-In Segment to Dominate the Automotive Sunroof Market:
Based on product type, the built-in segment holds the highest market share. The major factor for the rise of this segment is due to the original equipment manufacturers (OEM). OEM prefers to provide built-in cars along with some extended features such as sunshade, auto close, and vents which provides a more comfortable experience while driving the vehicles. can drive the growth of the global automotive sunroof market insights. Apart from this, the high demand for sunroofs in automobiles, and ease of usage can also drive the growth of the market.

Asia Pacific Automotive Sunroof Market:
Asia Pacific region is expected to grow significantly in the global automotive sunroof market over the forecast period. The Asia Pacific region is expanding as a result of a rapid increase in environment-friendly automobiles in these regions. Apart from this, growing support from the governments for the production of solar roof infrastructure and technology has the potential growth of the automotive sunroof market in the electric vehicle. The increasing number of vehicles containing sunroofs produced in China can also drive market growth.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global automotive sunroof market insights further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In February 2022, BMW X3 xDrive30i Sport X was launched in India by BMW Group Plants in Chennai. In June 2022, New Hyundai Venue 2022 was launched in India by Hyundai Motor India Ltd which contains an electric sunroof.

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The automotive sunroof market is segmented based on, product type, material type, operation, end users, and region.
Based on the product type, the market is segmented into the following:
• Panoramic
• Built-in
• Top Mount/Spoiler
• Pop-up
• Folding

Based on the material type, the market is segmented into the following:
• Glass
• Fabric

Based on the operation, the market is segmented into the following:
• Manually Operated
• Automatic

Based on the end users, the market is segmented into the following:
• Passengers Car
• Small cars
• Compact cars
• Mid-Sized cars
• Luxury cars
• SUVs & Crossovers
• Light Commercial Vehicle
• Electric Vehicle

Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Key players' profiles in the Automotive Sunroof market report are Magna International Inc, Aisin Seiki Co., Ltd, Inalfa Roof Systems Group, Inteva Products, Webasto Roof Systems Inc, Cie Automotive, Johnan America Inc, Yachiyo Industry Co.Ltd, Bos Gmbh & Co. Kg, and Automotive Sunroof Company (Asc, Inc.)

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