Overview and Scope
An automotive sunroof is a fixed or functional aperture in the roof of a vehicle that can be operated manually or automatically and can have a transparent or opaque panel. The automotive sunroof is used to allow fresh and light air to enter the vehicle.
Sizing and Forecast
The automotive sunroof market size has grown rapidly in recent years. It will grow from $7.24 billion in 2023 to $8.01 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to consumer demand for enhanced driving experience, automotive design innovations, rise in disposable income, focus on aesthetics in vehicle manufacturing, increased demand for luxury and premium cars.
The automotive sunroof market size is expected to see rapid growth in the next few years. It will grow to $11.97 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to increased adoption of vehicle electrification, incorporation of sophisticated electrical systems within the automotive sector, heightened emphasis on safety and performance enhancements, emphasis on sustainable and eco-friendly materials, growth in the luxury car segment. Major trends in the forecast period include advancements in glass technology that provide greater ultraviolet protection, technological advancements in sunroof mechanisms, integration of smart sensors for automatic control, development of self-tinting and glare-reducing sunroof glass, adoption of energy-efficient and noise-reducing technologies.
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Segmentation & Regional Insights
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
Asia-Pacific was the largest region in the automotive sunroof market in 2023. 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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Major Driver Impacting Market Growth
Increased passenger vehicle sales are expected to propel the growth of the automotive sunroof market going forward. Passenger vehicles are motor vehicles that are used for the transport of passengers for commercial purposes. The sunroofs in passenger vehicles make the interiors of vehicles bright, provide effective ventilation, and enhance the driving experience. Thereby, sunroofs are installed in passenger vehicles to enhance the overall experience of passengers. For instance, according to the China Association of Automobile Manufacturers, the sales of passenger vehicles were approximately 21.48 million in 2021, up 6.5% from the previous year. Therefore, increasing passenger vehicle sales are driving the growth of the automotive sunroof market.
Key Industry Players
Major companies operating in the automotive sunroof market report are 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., Corning Incorporated, Meritor Inc., Yuhuan Mingda Auto Parts Co. Ltd., Aguti Produktentwicklung & Design GmbH, Inoac Corporation, Preh GmbH, Wuhu Mosun Technology Co. Ltd., Guelph Manufacturing Group Inc., CTS Corporation, GAHH Automotive Group, Wilhelm Karmann GmbH, Nippon Sheet Glass Co. Ltd., Saint-Gobain Sekuri, C. Rob. Hammerstein Group, KRD Sicherheitstechnik GmbH
The automotive sunroof market report table of contents includes:
1. Executive Summary
2.Automotive Sunroof Market Characteristics
3.Automotive Sunroof Market Trends And Straytegies
4. Automotive Sunroof market analysis
5.Automotive Sunroof Market Size And Growth
6.Automotive Sunroof Segmentation
7.Automotive Sunroof Regional And Country Analysis
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27.Automotive Sunroof Competitive Landscape And Company Profiles
28.Automotive Sunroof Key Mergers And Acquisitions
29.Automotive Sunroof Future Outlook and Potential Analysis
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