Press release
Automotive Sunroof Market To Reach USD 14.19 Billion by 2030
Glass variants held a major share in the recent past, and they will continue to do so in the years to come as well. This has a lot to do with the tech improvements, which have allowed the production of many types of glassware, including laminated glass, tempered glass and glass providing protection against UV rays.
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Unlike fabric sunroofs, frequently seen on convertibles, made of glass let users to regulate natural light better and enjoy natural ventilation, instead of depending on the air conditioning system of the car.
Premium and luxury cars held a significant share, because of the increasing purchasing power of the consumers in emerging and developed countries, for example the U.K., the U.S, Germany, France, Italy and Spain.
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Sunroof glass manufacturers are combining many features with technical developments for making laminated glass, tempered glass, and green glass, which might protect against UV rays. These components also enhance the air circulation in vehicles, while those equipped with the glazing technology decrease noise and surge thermal comfort.
Moreover, the rising investment by manufacturers of automobiles for optimizing their capacity of production is driving the growth of the industry.
Europe followed APAC in terms of revenue generation, and it will grow at a considerable rate in the future. This is majorly attributed to the increasing popularity of premium vehicles and inclination of OEMs to incorporate extra features for improving comfort and driving experience.
Due to the increase in automotive manufacturing and increase in income of the people, the demand for automotive sunroof will continue to increase in the near future globally.
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