Global Automotive Sunroof Market research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Automotive Sunroof Market report.
The global automotive sunroof market size was $ 929.6 million in 2018 and is projected to reach $ 2,926.2 million by 2026, with a CAGR of 15.9% over the forecast period.
The sunroof in a vehicle is a fixed or operable opening in a vehicle roof that allows light and fresh air to enter inside the passenger compartment. Interior climate improves and the draught is reduced as efficient ventilation inside the vehicle is enabled. They are either transparent or non-transparent panels that are manually operated or motor driven and various types of sunroofs are available in the market depending on the shapes, sizes, and features that vary from vehicle to vehicle. They provide greater brightness and illumination and coupled with improved air circulation which is responsible for further increasing the comfort level of vehicle occupants. Hence, there is a growing trend among original equipment manufacturers (OEMs) to offer spoiler type or inexpensive removable sunroofs as an optional feature in passenger cars in addition to premium vehicles in the automotive industry.
SUVs (Sports Utility Vehicles) segment has witnessed an increased adoption particularly in developing countries such as China and India, as they offer versatility in range, power output, and other features and are suitable for off-road and rough terrain conditions. Hence, these factors have compelled manufacturers such as Ford, Chevrolet, and Toyota, among others, that are prominent players in the SUV segment to further provide equipped features for enhanced consumer satisfaction. Initially, they were exclusive only to premium cars.
Important Features that are under Offering and Key Highlights of the Market Report:
- Detailed overview of the global market share
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Automotive Sunroof Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
Drivers & Restraints
SUVs (Sports Utility Vehicles) segment has witnessed an increased adoption particularly in developing countries such as China and India, as they offer versatility in range, power output, and other features and are suitable for off-road and rough terrain conditions. Hence, these factors have compelled manufacturers such as Ford, Chevrolet, Toyota, among others, that are prominent players in the SUV segment to further provide equipped features for enhanced consumer satisfaction. Initially, they were exclusive only to premium cars.
Manufacturers particularly focus on weight reduction in vehicles as it enables improved braking, acceleration, and greater fuel economy. Also, to improve handling and vehicle stability, hefty items such as the fuel tank, engine, and among others, are usually positioned as low as possible
Key players covered in the global Automotive Sunroof Market research report:
- Magna International Inc. (Canada)
- Webasto Group (Germany)
- Inalfa Roof Systems Group B.V. (Netherlands)
- Inteva Products (U.S.)
- CIE Automotive (Spain)
- Valmet Automotive (Finland)
- Aisin Seiki Co., Ltd. (Japan)
- Yachiyo Industry Co., Ltd. (Japan)
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Major Table of Contents for Automotive Sunroof Market Research Report:
- Executive Summary
- Market Dynamics
- Key Market Growth Insights
- Global Market Analysis, Insights and Forecast, 2017-2028
- North America Market Analysis, Insights and Forecast, 2017-2028
- Europe Market Analysis, Insights and Forecast, 2017-2028
- Asia Pacific Market Analysis, Insights and Forecast, 2017-2028
- The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028
- Latin America Market Analysis, Insights and Forecast, 2017-2028
- Competitive Landscape
- Global Automotive Sunroof Market Revenue Growth, Industry Share Analysis, By Key Players, 2021
- Company Profiles
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