According to Stratistics MRC, the Global Power Sunroof Market is accounted for $4.14 billion in 2017 and is expected to reach $12.8 billion by 2026 growing at a CAGR of 13.4% during the forecast period.
The growth of this market is mainly driven by growing demands for premium segment vehicles, advancements in glass technology.
In addition increasing consumer preference towards power sunroof in developing nations and greater glass surface area in automobiles and increasing installation of power sunroof in vehicles such as SUVs and sedan/hatchbacks are the factors driving the growth of the power sunroof market. However high cost of regular maintenance and manufacturing glass sunroofs can hamper the structural integrity of the vehicle due to change in the center of gravity on account of increased weight on the rooftop and low penetration of power sunroof in low segment vehicles are restraining the market growth.
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An automotive sunroof is a movable panel that is operable to uncover an opening in an automobile roof, which allows light and or fresh air to enter the passenger compartment. Sunroofs are either manually operated or motor driven, and are available in many shapes, sizes and styles.
By material type, glass segment is estimated to be the leading segment. The glass type sunroofs are mostly preferred by consumers since they offer better transparency, along with an open atmosphere.
The sunroof manufacturers have also started working on glass technology to reduce fuel consumption and carbon emissions of vehicles.
Sedan/hatchback vehicle is the largest segment in the automotive industry because the sunroofs are mostly used in these vehicles to provide a stylish look. In 2017 Europe is estimated to account for the largest share, by value and volume, of the power sunroof market.
Also, in terms of growth, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period.
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Some of the key players profiled in the report include ACS France Sas, Aisin Seiki, Automotive Sunroof Company, BOS, CIE, Inalfa Roof Systems, Inteva, Johnan Manufacturing, Magna International, Mitsuba Corporation, Signature Automotive Products, Valmet Automotive, Webasto, Yachiyo Industry
Material Types Covered
Glass Types Covered
Spoiler/Tilt & Slide Sunroof
Fabric Types Covered
Vehicle Types Covered
Sport Utility Vehicle (SUV)
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