IMARC Group, a leading market research company, has recently releases report titled “Automotive Sunroof Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global automotive sunroof market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the automotive sunroof market?
The global automotive sunroof market size reached US$ 9.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.85% during 2023-2028.
What is automotive sunroof?
Automotive sunroofs refer to solid, movable panels installed in the roof of automobiles that open up to allow natural light and fresh air to enter the interior cabin. They can be motor-driven or manually operated and are typically available in transparent and opaque variants. They either pop up, slide open, tilt, or fold to uncover the opening on the top of the vehicle. In recent years, automotive sunroofs have gained immense popularity among consumers and automakers to enhance the overall aesthetics, provide ventilation, improve passenger comfort, and add value to the vehicle.
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What are the growth prospects and trends in the automotive sunroof industry?
The surging sales of premium and luxury vehicles due to rapid urbanization, improving lifestyles, and elevating income levels represent the primary factors driving the market growth. Besides this, the shifting consumer preferences toward enhanced driving experience and the expanding automotive industry are other major growth-inducing factors. Additionally, individuals are increasingly spending on adequate ventilation and brighter vehicle interiors for improved aesthetics, especially the younger population. In line with this, the rising adoption of sunroofs in sport utility vehicles has augmented the product demand. Furthermore, the leading automobile manufacturers are focusing on design upgrades and material advancements to reduce overall vehicle weight and provide stability. They are also introducing panorama sunroof airbag systems to enhance passenger safety by preventing occupants from falling out through the roof in case of accidents or rollovers.
Apart from this, several product innovations, such as the launch of solar automotive sunroofs and the integration of rain sensors to enable auto sunroof closing, have catalyzed the market growth. Other factors, including the growing usage of sunroofs in electric vehicles (EVs), increasing automobile production, emerging car customization trends, escalating demand for passenger cars, and technological advancements, are also creating a favorable outlook for the market. Looking forward, IMARC Group expects the market value to reach US$ 15.8 Billion by 2028, expanding at a CAGR of 7.85% during 2023-2028.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Built-in Sunroof System
- Tilt and Slide Sunroof System
- Panoramic Sunroof System
- Others
Breakup by Material:
- Glass
- Fabric
- Others
Breakup by Operation:
- Automatic
- Manually Operated
Breakup by Vehicle Type:
- Mid-range Vehicles
- Premium and Luxury Vehicles
Breakup by Distribution Channel:
- Original Equipment Manufacturers
- Aftermarket
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Aisin Corporation
- Automotive Sunroof-Customcraft (ASC) Inc.
- Beijing Automotive Group Co. Ltd.
- BOS Group
- CIE Automotive
- Inteva Products LLC
- Johnan America Inc.
- Magna International Inc.
- MITSUBA Corporation
- Webasto SE
- Yachiyo Industry Co. Ltd. (Honda Motor Company Ltd.).
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