Automotive Sunroof Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

Published Date : Apr 2020 | No. of Pages : 200 Pages | Category : Automation and Transport

The global automotive sunroof market size is projected to reach around $15,213.9 million by 2027, registering a CAGR of 11.2% from 2020 to 2027.

Europe was the highest contributor to the global automotive sunroof market, with 2,358.4 million in 2017, and is estimated to reach $4,451.6 million by 2027, with registering an automotive sunroof market share of 6.6% during the forecast period (2020–2027). The automotive sunroof market size for Asia-Pacific region is estimated to reach $5,752.8 million by 2027 at a CAGR of 13.8%

An automotive sunroof provides fresh air, a cool breeze, and perfect view, which enhances the driving experience. The sunroof permits light and sunshine into the vehicle, which provides a satisfying atmosphere in the passenger cabin or vehicle. The sunroof illuminates the vehicle cabin with the natural light. Different types of sunroofs are available such as pop type, spoiler type, and panoramic sunroof. The pop type sunroof needs to be operated manually, by opening or tilting the panel completely or partially. This type of sunroof is inexpensive and can be installed in different types of vehicles. Most automobile manufacturers provide optional panoramic sunroofs for different vehicle segments. The panoramic sunroof offers a wider field of view. It is designed in such way that it covers more area of the roof than a normal sunroof. The panoramic sunroof provides fresh air and sunlight for both front and rear seats. A major advantage of the panoramic sunroof is that it increase the resale value of the vehicle. Companies such as Volkswagen, Hyundai, and Tesla are offering a panoramic sunroof, which is anticipated to boost the demand for panoramic sunroof during the forecast period.

The automotive sunroof improves driving comfort while driving. It provide fresh air, which reduces stress while driving and provides a natural, air conditioning effect. Moreover, the sunroof enhances the internal and external appearance of the vehicle. This, in turn, is estimated to boost the demand for automotive sunroof among consumers during the forecast period. Popularity among the youth generation and robust demand for sunroof is expected to drive the market during the forecast period. Major OEMs provide optional sunroof for premium vehicles and SUVs and a robust demand for premium vehicles and SUVs from the young generation, owing to increase in per capita income, decrease in banks interest rate, and stable economic conditions, is likely to drive the market for premium vehicle and SUVs, which in turn is expected to propel the automotive sunroof market during the forecast period.

Panoramic sunroofs held about 64% share of the total market, in terms of revenue, in 2017. Panoramic sunroofs are either fixed or open-able. Fixed panoramic sunroof is a massive transparent glass mounted on the vehicle roof, which allows only sunlight to enter inside the vehicle and provides a wider view of the surrounding. Generally, open-able panoramic sunroofs are two, wide glasses mounted on the roof, one for the front row seats and the other for passenger or back row seats. Panoramic sunroofs enhance the vehicle’s appearance and provide a feeling of openness, which primarily attracts consumers. Inbuilt sunroofs are smaller than panoramic sunroofs and can be opened. These type of sunroofs slide inside the roof and hence, provide a wider opening.

Increase in vehicle electrification and rise in demand for vehicle sophistication are propelling the demand for electronically operated sunroofs. Most pop-up type and some foldable sunroofs are being operated manually, which are less expensive than electronically operated sunroofs. In the aftermarket, a variety of manually operated sunroofs are available that are inexpensive; however, increased per capita income and greater spending power are fueling the demand for electronically operated sunroofs. The electronically operated sunroof segment held a prominent share of the total market, in terms of revenue, and is likely to maintain its leading position in the market during the forecast period.

In terms of material, the glass segment held a prominent share of more than 99% of the market. Glass is transparent, which permits sunlight into the vehicle and enables passengers to view their surroundings even with the roof closed. Glass is glazed in order to provide strength and to reduce the noise generated at high speeds. In modern vehicles, the area occupied by the glass is much larger than the area on vehicles incorporated with sunroofs a couple of decades ago.

Passenger vehicles accounted for a prominent share of the global automotive sunroof market, in terms of revenue, in 2017. Increased number of passenger cars owing to increased car leasing and hailing activities and increased demand for in-vehicle comfort are primarily propelling the demand for sunroofs in passenger vehicles. Shifted consumer preference toward SUVs and premium class vehicles, owing to increased income, is likely to drive the demand for sunroof in passenger vehicles during the forecast period.

Europe held a leading position in the global automotive sunroof market. Presence of global luxury and premium vehicle manufacturers, higher rate of adoption by consumers, increased popularity for panoramic and inbuilt sunroofs, increased disposable income owing to higher GDP per capita, high level of standards of living, and developed infrastructure are fueling the demand for sunroofs in Europe. Germany and the U.K., export luxury vehicles across the globe. The U.S. is a prominent importer of luxury and premium class vehicles from Europe. In 2017, Europe accounted for about 48% share of the global automotive sunroof market, in terms of revenue, and is anticipated to remain at forefront of the market during the forecast period.

There are several key players in the global automotive sunroof market who hold prominent positions in the OEM market as well as aftermarket. The global market is highly competitive due to the presence of global players, such as AISIN SEIKI Co., Ltd., Inalfa Roof Systems Group B.V., Magna International Inc. Webasto, Inteva Products, Meritor, Inc., Yachiyo Industry Co., Ltd., BOS Group, Intensa, Johnan Manufacturing Inc., Signature Automotive Products, Whitehall Industries, Mitsuba Corp., ADVANTECH PLASTICS LLC, Arkal Automotive, Hyundai Mobis, and VUTEQ CORPORATION.

The global automotive sunroof market can be segmented as follows:

  • Automotive Sunroof Market, by Type
    • Pop-up Type
    • Spoiler Type
    • Panoramic Sunroof
    • Inbuilt Sunroof
    • Foldable Sunroof
  • Automotive Sunroof Market, by Material
    • Glass
    • Fabric
  • Automotive Sunroof Market, by Operation
    • Manually Operated
    • Electronically Operated
  • Automotive Sunroof Market, by Sales Channel
    • Original Equipment Manufacturers (OEMs)
    • Aftermarket
  • Automotive Sunroof Market, by Vehicle Type
    • Passenger Vehicles
    • Commercial Vehicles
  • Automotive Sunroof Market, by Region/ by Countries/ Sub-region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA

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