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Automotive Sunroof Industry Set to Achieve $12.75 Billion Milestone by 2029 | Steady 10.4% CAGR
Automotive Sunroof
What Is the Long-Term Growth Forecast for the Automotive Sunroof Market Size 2025?
In recent times, there has been significant growth in the size of the automotive sunroof market. Its value is forecasted to expand from $7.9 billion in 2024 to $8.59 billion in 2025, showing a compound annual growth rate (CAGR) of 8.7%. These increases during the historical period are associated with consumers' desire for a better driving experience, innovation in car manufacturing, increased disposable income, and an emphasis on the aesthetic design of vehicles. The growing demand for luxury and premium vehicles has also contributed to the market growth.
What CAGR is Forecasted for the Automotive Sunroof Market Through 2029?
The size of the automotive sunroof market is anticipated to experience accelerated expansion in the upcoming years, with projections estimating it to reach $12.75 billion by 2029, with a compound annual growth rate (CAGR) of 10.4%. The surge during the forecasted timeline can be credited to the growing acceptance of vehicle electrification, integration of intricate electrical mechanisms within the vehicle industry, heightened focus on safety and performance upgrades, initiatives towards sustainable and eco-conscious materials, and expansion in the luxury car sector. The forecast period also poses significant trends such as the progress in glass technology delivering superior ultraviolet protection, innovative advancements in sunroof systems, incorporation of intelligent sensors for automated control, the invention of self-tinting and glare-diminishing sunroof glass, and the acceptance of energy-saving and noise-minimizing technologies.
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What Are the Critical Factors Driving Automotive Sunroof Market Development?
The surge in sales of passenger vehicles is anticipated to drive the growth of the automotive sunroof market. Commercially used motor vehicles meant for transporting passengers are referred to as passenger vehicles. Sunroofs installed in these vehicles not only brighten up the interiors but also provide effective ventilation, thereby enhancing the driving experience. For example, the European Automobile Manufacturers' Association, based in Belgium, stated in August 2024 that new car registrations increased by 3.9%, surpassing 6.5 million units in the first seven months of the year. Major markets in the bloc noted modest but positive growth with Spain (+5.6%), Italy (+5.2%), Germany (+4.3%), and France (+2.2%) all recording growth. Consequently, the rise in passenger vehicle sales is fueling the expansion of the automotive sunroof market.
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How Does the Automotive Sunroof Market Break Down Across Major Segments?
The automotive sunroof market covered in this report is segmented -
1) By Type: Inbuilt Sunroof, Spoiler Sunroof, Pop-up Sunroof, Panoramic Sunroof, Other Types
2) By Material Type: Glass, Fabric, Other Material Types
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Electric Vehicles
Subsegments:
1) By Inbuilt Sunroof: Standard Inbuilt Sunroof, Tilt-And-Slide Inbuilt Sunroof
2) By Spoiler Sunroof: Fixed Spoiler Sunroof, Movable Spoiler Sunroof
3) By Pop-Up Sunroof: Manual Pop-Up Sunroof, Electric Pop-Up Sunroof
4) By Panoramic Sunroof: Fixed Panoramic Sunroof, Sliding Panoramic Sunroof
5) By Other Types: Solar Sunroof, Custom Or Specialty Sunroofs
What Are the Major Trends Transforming the Automotive Sunroof Industry?
In the automotive sunroof market, key players are prioritizing technology innovation, such as the ADAS (Advanced Driver Assistance Systems) roof module, to deliver dependable services to their clients. The ADAS roof module, integrated with a vehicle's panoramic sunroof, is a novel technology that incorporates 14 cameras and lidar sensors. In August 2023, Webasto Group, an automotive industry manufacturer based in Germany, introduced this pioneering ADAS roof module. The module provides five features, including obstacle detection, lane departure warning, automatic emergency braking, adaptive cruise control, and traffic sign recognition, with the aim of enhancing safety, aesthetic appeal, space utilization, and ease of maintenance.
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Which Players Are Driving Innovation in the Automotive Sunroof Market?
Major companies operating in the automotive sunroof market include Webasto SE, CIE Automotive SA, Inteva Products LLC, Inalfa Roof Systems Group BV, Yachiyo Industry Co. Ltd., Johnan America Inc., Signature Automotive Products LLC, Magna International Inc., Mitsuba Corporation, AISIN Corporation, Wuxi Ming Fang Automobile Parts Industry Co. Ltd., Automotive Sunroof-Customcraft Inc., BOS GmbH & Co. KG, Asahi Glass Co Ltd., Valmet Automotive Inc., Inoac Corporation, Wuhu Mosun Technology Co. Ltd., Nippon Sheet Glass Co. Ltd., Saint-Gobain Sekuri
Which Regions Are Driving Global Automotive Sunroof Market Expansion?
Asia-Pacific was the largest region in the automotive sunroof market in 2024.Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive sunroof market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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