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Automotive Sunroofs Market New Business Opportunities & Investment Research Report 2025

05-11-2017 04:09 PM CET | Tourism, Cars, Traffic

Press release from: TMR - Research Reports

Automotive Sunroofs Market New Business Opportunities &

Since the time automotive sunroofs have been introduced, their market has undergone many changes. Sunroofs available today are no longer compact, but much larger and attractive, available in many styles.

The demand for large sunroofs is increasing and this will continue to so in the coming years. The global sunroof market is expected to rise from US$4,796.0 mn in 2016 to reach US$12,935.1 mn by 2025, exhibiting a CAGR of 11.8% during the period from 2017 to 2025. The rise in the number of electric vehicles is anticipated to boost the demand for automotive sunroofs.

The report is a comprehensive overview of the global automotive sunroofs market. It delves into the various factors impacting this market, including the key drivers boosting the market and major challenges posed by various factors.

Obtain Report Details:
http://www.transparencymarketresearch.com/automotive-sunroofs-market-2017-2025.html

The recent trends in the market that are influencing the automotive sunroofs industry and the future growth opportunities in the market are also explored.

In addition to this, key segments of the market such as automotive sunroofs by material, glass type, sunroof type, and geography are studied in detail. It also points out the leading, declining, and fastest growing segment or sub segments.

The soaring demand for automotive sunroofs can be attributed to the increasing preference by consumers for cars that have a wider panoramic view.

The other factors linked with the growth of the global automotive sunroofs market are growing disposable income of consumers, causing an increase in their capacity for spending on cars and value additions for aesthetic purpose, by manufacturers of automobiles. These two aforementioned factors have also led into a higher demand for premium and luxury cars.

Moreover, the rising penetration of electric cars will accelerate the demand for sunroofs in the years to come. Owing to stringent policies and regulations curbing carbon emissions, there has been a rise in the demand for electric and hybrid cars.

This in turn is expected to spur a surge in the demand for solar automotive sunroofs and emerge as a growth opportunity for the market in the coming years. On the other hand, the cost of maintenance will restrain the growth of the market.

Additionally, explosion of sunroofs will pose a challenge for the global automotive sunroofs market. To overcome these issues, manufacturers are striving to introduce high end and durable sunroofs, which is estimated to reduce the impact of these restraints.

On the basis of geography, Asia Pacific is anticipated to witness the highest growth in the coming years by exhibiting a stupendous 12.6% CAGR during the forecast period.

India and China are anticipated to be lucrative markets for automotive sunroofs and drive the Asia Pacific market towards growth. Europe is the world’s largest producer of vehicles and is this leading in the market, with key contributions to the revenue by Germany and the U.K. North America will likely expand at a steady pace.

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http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24101

The Middle East is also estimated to be a lucrative market for automotive sunroofs. However, Africa and Latin America will witness a sluggish growth in the automotive sunroofs market.

Leading players in the global automotive sunroofs market include Aisin Seiki Co Ltd., Inteva Products, Inalfa Roof Systems Group B.V., LLC, Mitsuba Corporation, Webasto SE, Valmet Automotive Inc., Johnan America Inc., NSG Pilkington Group, and Yachiyo Industry Co.Ltd. Of these, Inteva Products, LLC supplies panoramic sunroofs to big companies such as Mercedes, Audi, and Porsche.

Leading players in the market are focusing on product innovation and mergers and acquisitions to enhance their presence in the global automotive sunroofs market.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com

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