Automotive Panoramic Sunroof Market Technology Developments and Future Growth to 2026

Innovation in glass technology and surge in demand for safety, comfort, and convenience drive the growth of the global automotive panoramic sunroof market. However, high integration and maintenance cost and low penetration of power sunroof in low segment vehicles hinder the market growth. On the other hand, surge in penetration of solar sunroof in electric vehicles across the globe and increase in the sale of automotive vehicles would open new opportunities for the market players in the coming years.

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According to a recent report published by Allied Market Research, titled, "Automotive Panoramic Sunroof Market by Material Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global automotive panoramic sunroof market size was valued at $1.31 billion in 2018, and is projected to reach $4.26 billion by 2026, registering a CAGR of 15.7% from 2019 to 2026.

The global automotive panoramic sunroof market is segmented on the basis of material type, vehicle type, and geography. Based on material type, the fiber segment is anticipated the highest CAGR of 21.3% during the forecast period. However, the glass segment held the largest share in 2018, accounting for more than 90% of the market.

On the basis of vehicle type, the hatchback segment is expected to manifest the fastest CAGR of 19.6% during the forecast period. However, the sedan segment dominated the market in 2018, contributing to more than half of the market.

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The global automotive panoramic sunroof market is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across Europe held the largest share in 2018, accounting for more than one-third of the market. However, the market across the Asia-Pacific region is anticipated to register the highest CAGR of 17.1% during the forecast period.

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The global automotive panoramic sunroof market report includes an in-depth analysis of the major market players such as CIE Automotive SA, Aisin Seiki Co. Ltd., Inalfa Roof Systems Group BV, Donghee Industrial Co. Ltd., Yachiyo Industry Co. Ltd., Webasto SE, Automotive Sunroof-Customcraft (ASC) Inc., Inteva Products, Magna International Inc., and BOS Group.

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