Reliable Data You Can Trust
Reliable Data You Can Trust
A recent
report published by Infinium Global Research on automotive sunroof
market provides in-depth analysis of segments and sub-segments in the
global as well as regional automotive sunroof market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and regional
automotive sunroof market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global automotive sunroof market. According to the report, the global
automotive sunroof market is projected to grow at a CAGR of 9.79% over the
forecast period of 2019-2025.
The majority
of the automobile manufacturers provide sunroof in the higher-end variants of
their cars. Sunroof allows light and fresh air to enter the interior of the
vehicle. Almost all the automobile brands including Volkswagen, Ford, Toyota,
Hyundai, Kia, and others have sunroofs on their cars. Leading automobile
component manufacturers including Magna International Inc., Aisin Seiki Co.,
Ltd., Inteva Products, LLC, Signature Automotive Products, LLC, and others have
their automotive sunroofs available in the market.
The rise in
the population led to an increase in the demand for transportation. This has
augmented the sale of cars worldwide, which is the major driving factor for the
growth of the automotive sunroof market. Moreover, increasing disposable income
of the population has led to the better lifestyle of the people which also
includes the adoption of premium cars with better aesthetics. This, in turn, boosts
the growth of the automotive sunroof market. Furthermore, rising technological
advancements in the automobile industry increase the demand for better comfort
and safety features. The integration of sunroof improves the aesthetics of the
car and provide comfort to the driver and passengers in the vehicle, which has
propelled the growth of the automotive sunroof market. However, the integration
and maintenance cost of the sunroof is high, which is expected to hamper the
growth of the automotive sunroof market. Nonetheless, growing innovations in
glass technology are expected to offer better business opportunities to the
players in the market.
Among the
regions, Asia-Pacific generated the highest revenue from the automotive
sunroof, dominating the global market. The highest market share of the
Asia-Pacific region in the automotive sunroof market attributed to increasing
in the per capita income of the population, low-interest rates on car loans and
growing economic stability in the developing countries such as China, India,
and Japan. Moreover, the production of cars in the Asia-Pacific region is
anticipated to boost the automotive sunroof market in this region. Europe held
the second largest share in the global automotive sunroof market following
Asia-Pacific. The significant share of Europe in the market attributes to the
presence of major key players in the region and the high disposable income of
the population.
The report on
global automotive sunroof market covers segments such as material, product
type, and vehicle type. On the basis of material, the sub-markets include
glass, and fabric. On the basis of product type, the sub-markets include
panoramic, built-in sunroof, top mount/spoiler sunroof, pop-up, and folding. On
the basis of vehicle type, the sub-markets include hatchback, sedan, and
sports utility vehicle.
The report
provides profiles of the companies in the market such as Aisin Seiki Co., Ltd.,
Inalfa Roof Systems Group B.V., Webasto SE, Inteva Products, LLC, Yachiyo
Industry Co., Ltd., Magna International Inc., BOS GmbH & Co. KG, CIE
Automotive, Signature Automotive Products, LLC, Johnan Manufacturing Inc., and
Other Companies.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of automotive sunroof market. Moreover, the
study highlights current market trends and provides forecast from 2019-2025. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.
Please Choose One of them.