Global Automotive Sunroof Market Size, Share, Development, Growth and Demand Forecast to 2022


Posted June 18, 2018 by yashsinghpsmr

Global Automotive Sunroof Market (Size of $4,924.5 Million in 2015) to Witness 10.9% CAGR During 2016 – 2022
 
Automotive sunroof refers to any roof opening in vehicle, such as one with a retractable metal panel. Modern sunroof consists of around 200 parts, and vehicle maker now use them and other roof system to help differentiate product offering to customers.

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Consumers now expect an increasingly high level of comfort in their cars, particularly where air conditioning and sun roof are concerned. Such equipment is no longer the exclusive domain of luxury cars. As the market is becoming increasingly competitive, vehicle makers are using sunroofs and other roof systems to help differentiate the product offering to customers.

In 2015, Europe held the largest share in the global automotive sunroof market. The automotive sunroof market in the region is anticipated to grow significantly during the forecast period. The major reasons behind the growth of the automotive sunroof market are strict environment regulations, increasing demand for electric vehicles, and growing need to control light inside vehicle. Asia-Pacific held the second largest share in the global market and it is also expected to witness the fastest growth during the forecast period.

Among the various vehicle types, the premium cars held the major market share in the global automotive sunroof market. The high-income group prefers premium cars owing to their aesthetic looks, convenient travel experience, and it also resembles the statues symbol in the society. Now-a-days sedan cars are extensively using sunroof systems, as the manufacturer are targeting middle income group people and also the convertible sunroofs are gaining popularity among the individuals. Thus, the sedan car segment is expected to witness the fastest growth in the global automotive sunroof market during the forecast period.

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Some of the major companies operating in the global automotive sunroof market include Webasto SE, Johnan America, Inc., Automotive Sunroof Company, Nippon Sheet Glass Co. Ltd., Yachiyo Industry Co., Ltd., Corning Inc., Meritor Inc., Aisin Seiki Co., Ltd., Inteva Products, LLC, and Inalfa Roof Systems Group B.V.
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Categories Automotive , Business , Transportation
Tags automotive , automotive sunroof , automotive sunroof industry , automotive sunroof market , forecasting , market research , sunroof , sunroof market
Last Updated June 18, 2018