Automotive Sunroof Market Growth Segments Challenges and Opportunities 2032
Automotive Sunroof Market:
The global Automotive Sunroof Market was predicted to hold approximately USD 17.88 billion in the year 2023 and is further anticipated to generate approximately USD 43.53 billion by the end of the year 2032. However, the global market is registered to account for a CAGR of 10.39% between the period 2024 to 2032.
The automotive sunroof market has experienced significant growth over the past few years, driven by rising consumer preferences for enhanced comfort, aesthetics, and luxury features in vehicles. Once considered a premium feature in luxury cars, sunroofs are now being integrated into a wide range of vehicle categories, including sedans, SUVs, and even entry-level cars, as manufacturers respond to increasing consumer demand for enhanced driving experiences.
This article explores the key factors driving the growth of the automotive sunroof market, the different types of sunroofs available, the technological advancements in this area, challenges faced by manufacturers, and the future outlook for this dynamic market.
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Market Overview
The global Automotive Sunroof Market is driving due to the impact-resistant sunroof integrated with the rising investments. Another major growth driving factor is the growing demand for lightweight across the world, which is fuelling the growth of the worldwide market during the forecast period. Moreover, the global market for Automotive Sunroof has lucrative opportunities due to the high manufacturing cost of Automotive Sunroof.
However, the increasing price of automobiles and the rising cost of sunroof systems is projected to hamper the worldwide market growth for Automotive Sunroof during the review period.
Key Companies in the automotive sunroof market include
Inalfa Roof Systems Group B.V
Wuxi Ming Fang AutoMobile Parts
Webasto Group
Wuhu Mosentek Automobile Technology
Magna International Inc
Aisin Seiki
Yachiyo Industry Co. Ltd
Zhejiang Wanchao Electric Co. Ltd
Johnan Manufacturing Inc.
Market Segmentation
The global Automotive Sunroof Market has been classified based on application, type, and sales channel:
Based on the application segment, the current market for Automotive Sunroof has been classified into Sedan, SUV, Hatchback, and others. In terms of the sales channel segment, the global market for Automotive Sunroof has been categorized into Aftermarket and OEM.
Based on the type segment, the market for Automotive Sunroof has been segmented into the panoramic sunroof, inbuilt sunroofs, pop-up sunroofs, spoiler sunroofs, and others. In 2023, the inbuilt sunroof segment was projected to lead the global market by generating the largest market share.
However, this segment is predicted to dominate the global market throughout the review period. It has been found that the popularity of the inbuilt sunroofs is growing and having more opportunities in the further coming years due to the rising technological advancements in inbuilt sunroofs like venting, press and hold operation, auto-retract system, auto-close system, and soft-touch operations.
Regional Analysis
As per the Automotive Sunroof Market report, the current market has been divided into several regions such as Asia-Pacific, South America, North America, Europe, and the rest of the world.
Out of all, the European market for automotive sunroofs is projected to acquire the largest market share of 33.40% during the assessment period. In this region, countries like Germany have significantly contributed to the market, generating an estimated market value of approximately USD 791.7 million by 2030.
This growth can be attributed to the increasing production of vehicles in Germany, which manufactured over 15.6 million vehicles in 2021, making it a leader in the European automotive market. The rising consumer demand for enhanced vehicle features, including sunroofs, further boosts this segment
The European regional market is fuelling due to the rising preference of customers towards comfort features and growing demand for premium vehicles that are leading to increasing adoption of sunroofs in passenger vehicles across the region.
Moreover, the Asia Pacific market for Automotive Sunroof is anticipated to hold 28.36% of the market share during the forecast period. Apart from these regions, the North American regional market for Automotive Sunroof is predicted to generate a market share of 28.26% in the research period.
Overall, the global Automotive Sunroof Market is expanding in all these regions due to the rising demands for SUVs and premium vehicles.
Industry News:
Inalfa Roof Systems Group B.V: A leading global supplier of automotive roof systems, including sunroofs, panoramic roofs, and convertible tops.
Webasto Group: A German company specializing in roof systems, heating, ventilation, and air conditioning systems for the automotive industry.
Wuxi Ming Fang AutoMobile Parts: A Chinese company specializing in automotive glass and roof systems.
Pilkington: A British company known for its glass products, including automotive glass and sunroofs.
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