Report Scope & Overview:
Automotive Sunroof Market Size was valued at USD 23.11 billion in 2022 and is expected to reach USD 41.22 billion by 2030 and grow at a CAGR of 7.5% over the forecast period 2023-2030.
A sunroof is an opening in the roof of a car that lets natural light and air into the cabin of the vehicle. Sunroofs are standard on many modern vehicles. Because it improves air circulation and offers enhanced brightness and illumination throughout the day, it contributes to an overall boost in the degree of comfort experienced by passengers. Depending on the make and model of the vehicle, sunroofs can be opaque or see-through panels that can be manually or electrically opened and closed. Additionally, sunroofs come in a wide variety of sizes, shapes, and designs. OEMs are now developing sophisticated technologies to manufacture sunroofs. These technologies include the use of composite materials for the development of lightweight sunroof solutions.
A sunroof for automobiles is used to enhance the vehicle's aesthetics and to reduce wind noise. Glass panels that may be manually or mechanically adjusted are installed on the roofs of automobiles. Automobile sunroofs are available in a variety of configurations, such as in-built and panoramic, all of which provide additional natural light and ventilation while also allowing the driver to enjoy the fresh air. Automobile sunroofs come in a variety of configurations, including fixed or sliding, opaque or clear, and even with a visor block to keep the interior of the vehicle dark.
In 2021, The Webasto Group recently developed a sunroof glass by employing polycarbonate as a raw material to make a sunroof, which made the glass more hardened, impact-resistant, and effective.
MARKET DYNAMICS:
KEY DRIVERS:
Continual technological developments in sunroof systems.
A rise in the need for amenities that prioritize safety, comfort, and convenience.
RESTRAINTS:
Expenditures on integration and upkeep are excessive.
As a result of this, the power sunroof market is seeing slow growth.
OPPORTUNITIES:
Solar sunroofs are becoming increasingly common in electric automobiles.
The automobile market is expected to increase at a rapid pace as a result of rising sales.
CHALLENGES:
Require a substantial investment in R&D, which raises the cost of sunroof systems, challenging the market.
Lack of quality as well as a poor penetration of power sunroofs in low-segment vehicles.
IMPACT OF COVID-19:
Unprecedented scale and speed have been unleashed by the COVID-19 epidemic. Many companies have had to shut down, factories have stopped producing, and supply networks in the global industrial industry have been disrupted. Because of COVID-19's high infectiousness and destructiveness and the suddenness of its outbreak, government authorities around the world have taken severe efforts to limit the spread of this new disease. These actions include national-wide lockdown and isolation of persons in high-risk locations. Vehicle production has been impeded by the global supply chain disruptions and shutdowns of manufacturing facilities, which have impacted the market's growth. Since most factories have been closed, municipalities have been operating much slower than they used to, and automobile and semiconductor sectors are at a standstill, the market for sunroofs has been hurt. The market's growth is projected to be significantly impacted by the temporary shutdown of automotive component manufacturing plants.
KEY MARKET PLAYERS:
Inalfa Roof Systems Group B.V., Wuxi Ming-Fang AutoMobile Parts Industry Co., Ltd, Webasto Group, Inteva Products, Wuhu Mosentek Automobile Technology Co., Ltd, Magna International Inc., Aisin Seiki Co. Ltd, Zhejiang Wanchao Electric Co., Ltd, Johnan Manufacturing Inc., and Yachiyo Industry Co. Ltd, are some of the affluent competitors with significant market share in the Automotive Sunroof Market.
MARKET ESTIMATION:
Market, By Type:
Based on the type segment, the global market has been divided into Inbuilt Sunroof, Spoiler Sunroof, Panoramic Sunroof, Pop-Up Sunroof, and Others. It is anticipated that the integrated sunroof category will lead the automotive sunroof market, and it is anticipated that this segment will continue to lead the market throughout the forecast period.
Market, By Material Type:
The global market has been divided into glass sunroofs, fabric sunroofs, and others based on the material type segment. The largest share of the market was maintained by the glass sunroof segment. Advances in technology have made it possible to make a variety of glasses that protect against ultraviolet rays, which have contributed to the expansion of this market. Glass sunroofs, as opposed to the more frequent fabric sunroofs seen on convertible cars, allow you to better regulate the amount of natural light and air entering your vehicle, saving you money on your car's air conditioner.
Market, By Vehicle type:
The global market has been divided into Mid-segment vehicles and Premium & luxury-segment vehicles based on the vehicle type segment. The premium and luxury-category automobiles dominated the market, and by 2025, the segment is expected to reach USD 6.8 billion in revenues. The increased purchasing power of consumers is projected to keep this category at the top of the vehicle sunroof market for the foreseeable future.
MARKET SEGMENTATION:
By Type:
Inbuilt Sunroof
Spoiler Sunroof
Panoramic Sunroof
Pop-Up Sunroof
Others
By Material Type:
Glass Sunroof
Fabric Sunroof
Others
By Vehicle Type:
Mid-segment vehicles
Premium & luxury-segment vehicles
REGIONAL ANALYSIS:
It is anticipated that the Asia Pacific will hold the highest proportion by the year 2025. The growing discretionary expenditures of the general population in developing economies like India and China are fueling a surge in demand for more luxurious automobiles in those countries. At the same time, the production of automobiles in the region is growing as a result of increased investment activity by automotive manufacturers to increase their manufacturing capacity. Europe was responsible for around 28 percent of the world's output of passenger automobiles. The region is home to several of the world's most renowned luxury automobile manufacturers. When it comes to technological advancements, each and every one of these vendors is at the forefront of the pack.
REGIONAL COVERAGE:
North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 23.11 Billion |
Market Size by 2030 | US$ 41.22 Billion |
CAGR | CAGR of 7.5% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by Type (Inbuilt Sunroof, Spoiler Sunroof, Panoramic Sunroof, Pop-Up Sunroof, Others) • by Material Type (Glass Sunroof, Fabric Sunroof, Others) • by Vehicle Type (Mid-segment vehicles, Premium & luxury-segment vehicles) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Inalfa Roof Systems Group B.V., Wuxi Ming-Fang AutoMobile Parts Industry Co., Ltd, Webasto Group, Inteva Products, Wuhu Mosentek Automobile Technology Co., Ltd, Magna International Inc., Aisin Seiki Co. Ltd, Zhejiang Wanchao Electric Co., Ltd, Johnan Manufacturing Inc., and Yachiyo Industry Co. Ltd |
Key Drivers | •Continual technological developments in sunroof systems. •A rise in the need for amenities that prioritize safety, comfort, and convenience. |
RESTRAINTS | •Expenditures on integration and upkeep are excessive. •As a result of this, the power sunroof market is seeing slow growth. |
The Automotive Sunroof Market value is expected to reach expected to reach USD 41.22 billion by 2030.
A sunroof is an opening in the roof of a car that lets natural light and air into the cabin of the vehicle. Sunroofs are standard on many modern vehicles.
The major players in the market are Inalfa Roof Systems Group B.V., Wuxi Ming-Fang AutoMobile Parts Industry Co., Ltd, Webasto Group, Inteva Products, Wuhu Mosentek Automobile Technology Co., Ltd, Magna International Inc., Aisin Seiki Co. Ltd, Zhejiang Wanchao Electric Co., Ltd, Johnan Manufacturing Inc., and others in the final report.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Sunroof Market Segmentation, By Type
8.1 Inbuilt Sunroof
8.2 Spoiler Sunroof
8.3 Panoramic Sunroof
8.4 Pop-Up Sunroof
8.5 Others
9. Global Automotive Sunroof Market Segmentation, By Material Type
9.1 Glass Sunroof
9.2 Fabric Sunroof
9.3 Others
10. Global Automotive Sunroof Market Segmentation, By Vehicle Type
10.1 Mid-segment vehicles
10.2 Premium & luxury-segment vehicles
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 the USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 the UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Bos GmbH & Co. KG,
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Inalfa Roof System
12.3 Group B.V.
12.4 Wuxi Ming-Fang Automobile Parts Industry Co., Ltd
12.5 Webasto Group
12.6 Inteva Products
12.7 Wuhu Mosentek Automobile Technology Co., Ltd
12.8 Magna International Inc.
12.9 Aisin Seiki Co. Ltd
12.10 Zhejiang Wanchao Electric Co., Ltd
12.11 Johnan Manufacturing Inc.
12.12 Yachiyo Industry Co. Ltd,
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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