The Power sunroof market is projected to grow at a CAGR of 10.81% from 2017 to 2025, to reach USD 11.60 billion by 2025 from 5.10 billion in 2017.
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Top Companies Analyzed for Power Sunroof Market are –
- Webasto (US)
- Inalfa Roof Systems (Netherlands)
- Inteva (US)
- Magna International (Canada)
- Aisin Seiki (Japan)
- Automotive Sunroof (Canada)
- CIE (Spain)
- Yachiyo Industry (Japan)
- Johnan Manufacturing (Japan)
- BOS (Germany)
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The major factors driving the growth of the market include advancements in glass technology and increasing consumer preference towards power sunroof. On the other hand, the high cost of regular maintenance and incidences of shattering of sunroof may pose a challenge to the growth of the power sunroof market.
The power sunroof market for SUVs is estimated to grow at the highest rate during the forecast period. The growth of the power sunroof market can be attributed to the increased production and demand for SUVs across the globe.
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Europe is estimated to account for the largest share, by value and volume, of the power sunroof market in 2017. Also, in terms of growth, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period.
Developing economies such as China and India are expected to play a major role on the backdrop of increasing vehicle production in these regions. Also, the increasing installation of power sunroof in vehicles such as SUVs and Sedan/Hatchbacks would add to the demand for power sunroof.
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- Sunroof suppliers
- Raw material suppliers
- Automotive OEMs
- Distributors and suppliers of power sunroof
- Industry associations and experts
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The report segments the power sunroof market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America, and RoW),electric vehicle type (BEV,HEV,PHEV, and FCEV), vehicle type (Sedan/Hatchback, SUV, and Others), material type (Glass and Fabric), glass type (In-built Sunroof, Spoiler/Tilt & Slide Sunroof, Top-Mount Sunroof, and Solar Sunroof) and fabric type(Foldable and Removable).
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