Automotive Sunroofs Market - The Biggest Trends to Watch out for 2017-2025Automotive sunroofs are operable or fixed roof openings with a retractable glass or fiber panel that permits air and light to penetrate the passenger compartment. Automotive sunroofs, which are either manually operated or motor driven, have witnessed vast developments in the past few years and have moved on from being mere a styling feature in premium cars to becoming accessories with numerous applications; rooftops housing solar panels, for instance, are increasingly making appearance in electric and hybrid cars, complementing rechargeable batteries to give vehicles more power to cover extra miles.
Rising income levels of consumers across emerging economies such as India and China have increased the spending capacity of automobile buyers, which is compelling automobile manufacturers to introduce vehicles with an additional aesthetic value. Transparency Market Research estimates that the global automotive sunroofs market was valued at US$4,796.0 mn, in terms of revenue, in 2016. The market is projected to expand at a CAGR of 11.8% during the period between 2017 and 2025 and reach US$12,935.1 mn by 2025.
Fill the form for an exclusive sample of this report @
In-Built Sunroofs to Remain Dominant Contributor of Revenue
In terms of the most popular types of sunroof fitted in automobiles, the report segments the global automotive sunroof market into in-built sunroof, tilt and slide sunroof, panoramic sunroof, top-mount sunroof, pop-up sunroof, and solar sunroof. Of these, the segment of in-built sunroof is presently the leading contributor of revenue to the global market. The segment had a revenue valuation of US$1,588.2 mn in 2016 and is expected to retain its position as the leading revenue contributor to the global market throughout the forecast period, exhibiting a promising 11.8% CAGR from 2017 to 2025.
However, the segment of panoramic sunroofs is expected to dominate in terms of growth rate over the forecast period. The rising consumer preference to luxury cars with wider panoramic view will bolster the demand for panoramic sunroofs in the next few years. The segment is expected to exhibit a 13.5% CAGR over the forecast period and reach a valuation of US$2,607.1 mn by 2025.
Obtain Report Details @
Asia Pacific to Emerge as Most Promising Regional Market
Europe, being world’s leading producer of vehicles, held the position of the dominant regional market for automotive sunroofs in terms of revenue in 2016. The region accounted for a massive 33% of the overall market in 2016 and witnessed high demand for a variety of sunroofs in the U.K. and Germany. Although the market in Europe will continue to be the leading contributor of revenue to the global market throughout the forecast period, it will suffer slowdown owing to weak economies and the steadily shifting manufacturing bases to Asia Pacific.
Following Europe, the Asia Pacific market for automotive sunroofs accounted for over 26% of the overall market and is region is expected to dominate the global market in terms of rate of growth over the forecast period. The regional market for automotive sunroofs will expand at a promising CAGR of 12.6% from 2017 to 2025, with emerging economies such as India and China emerging as the most lucrative markets.
The automobile sector in the North America region is expected to witness steady growth, on account of which the automotive sunroofs market is also expected to record steady growth during the forecast period. Middle East is estimated to witness an exuberant growth in the automobile sector, with car sales in the region expected to outnumber that of North America by 2020. This is expected to drive the demand for sunroof market in the Middle East.
The global market for automotive sunroofs features a large number of public and private players. Some of the leading players operating in the market profiled in the report are Aisin Seiki Co Ltd., Inalfa Roof Systems Group B.V., Inteva Products, LLC, Webasto SE, Mitsuba Corporation, Valmet Automotive Inc., NSG Pilkington Group, Johnan America Inc., and Yachiyo Industry Co.Ltd.
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.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Sunroofs Market - The Biggest Trends to Watch out for 2017-2025 here
News-ID: 821346 • Views: 155
More Releases from Transparency Market Research
Water Purifier Market - Competitive Dynamics, Trends, Forecast 2027
Transparency Market Research delivers key insights on the global water purifier market. In terms of revenue, the global water purifier market is estimated to expand at a CAGR of ~ 9% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the water purifier market report. Browse Report Details: https://www.transparencymarketresearch.com/water-purifier-market-2017-2025.html Water purifiers help in removing bacterial contaminants and viruses from water and make it safe
Sheet Face Masks Market Leading Vendors: Sephora Inc. Boss Biological Technique …
The Sheet face masks market promises robust growth during 2018-2026, thanks to rising demand for sheet face mask products. Growing demand for personal hygiene products, and beautification products are expected to drive significant growth. The rising demand for natural ingredients in sheet face masks products is expected to emerge as the largest trend in the market. Browse Report Details: https://www.transparencymarketresearch.com/sheet-face-masks-market.html Sheet face masks are often associated with a certain prestige and rejuvenating
Global Nail Care Market to Reach US$ 20,940.2 Mn by 2027
According to a new research report published by Transparency Market Research titled ‘Nail Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global nail care market is expected to reach a value of US$ 20,940.2 Mn by 2027, expanding at a CAGR of 8.4% from 2019 to 2027. In terms of volume, the market is expected to reach 1,494.2 Mn units by 2027, expanding at
Industrial Dispensing System and Equipment Market to Reach ~ US$ 16.7 Bn by 2027
Transparency Market Research delivers key insights on the global industrial dispensing system and equipment market. In terms of revenue, the global industrial dispensing system and equipment market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the industrial dispensing system and equipment market report. Browse Report Details: https://www.transparencymarketresearch.com/industrial-dispensing-system-equipment-market.html Industrial dispensing systems and equipment are
More Releases for CAGR
Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small