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Automotive Sunroof Industry Growth, Trends, Analysis, Future Scope, Size, Share, Forecast To 2023

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sagar k

Summary

Global Automotive Sunroof Industry Report: Information by Type (Inbuilt Sunroof, Spoiler Sunroof, Panoramic Sunroof, Pop-Up Sunroof, Others), Application (SUV, Sedan, Hatchback, Others), Sales Channel (OEMs, Aftermarket), and Region – Forecast till 2023

Automotive Sunroof Industry Overview

On the contrary, constant technological advancements made in sunroof systems to enhance its efficiency requires a huge investment in R&D. This has resulted in increased cost of sunroof systems, further leading to rising prices of automobiles. Such concerns are predicted to impede the market growth in the coming years.

Industry Updates

March 2019: Polyscope Polymers has won the JEC Innovation Award 2019 for automotive sunroof thermoplastic composite guide rails. XIRAN SGH30EB glass filled thermoplastic composite was specified by the Groupe Renault and Webasto France for roller-blind guide rails on panoramic sunroof modules, which were installed long back in Grand Scenic and Renault Scenic MPV models. This is a notable innovation for the industry as thermoplastic composite material successfully replaced aluminum for sunroof design for the first time.

Competitive Dashboard

The key players dominating the global Automotive Sunroof Industry includes Inalfa Roof Systems Group B.V., Webasto Group, Yachiyo Industry Co. Ltd, Inteva Products, Johnan Manufacturing Inc., Magna International Inc., Aisin Seiki Co. Ltd, Wuhu Mosentek Automobile Technology Co., Ltd, Zhejiang Wanchao Electric Co., Ltd., and Wuxi Ming Fang AutoMobile Parts Industry Co., Ltd.

Segmental Analysis

The Automotive Sunroof Industry is segmented on the basis of type, sales channel, application.

By application, the Automotive Sunroof Industry is segmented into sedan, SUV, hatchback, and others. Of these, the SUV segment is predicted to dominate the market, mainly due to the rising inclination of automotive OEMs towards the sale of SUVs. Moreover, technological advancements made in sunroof is likely to propel the market growth in the SUV segment.

By the sales channel, the market is segmented into aftermarket and OEM. Of these, the OEM segment is predicted to dominate the market due to surging demand for new vehicles that are equipped with a sunroof.

Regional Frontiers

Geographically, the Automotive Sunroof Industry spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, Europe is anticipated to acquire the lion’s share with 33.40%. Germany was identified as the largest market and touched a valuation of USD 1,263 million in 2017. 

The market in the Asia Pacific region is likely to expand at a rapid pace due to the soaring production and sales of passenger vehicles. Also, the surging preference for sunroof, especially among the younger generation is likely to trigger the demand from the market in the coming years.

Get Full Report @ https://www.marketresearchfuture.com/reports/automotive-sunroof-market-7679

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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