Automotive Sunroof Global Market Sees Growth Rate Of 14% Through 2022
3 Aug, 2022
The global automotive sunroof market size is expected to grow from $5.64 billion in 2021 to $6.45 billion in 2022 at a compound annual growth rate (CAGR) of 14.4%. The global automotive sunroofs market size is expected to grow to $9.47 billion in 2026 at a CAGR of 10.1%.
What is the Global Automotive Sunroof Market?
The automotive sunroof market consists of sales of automotive sunroofs by entities (organizations, sole traders, and partnerships) that are used to allow the fresh and light air to enter the vehicle. A sunroof is a fixed or functional aperture in the roof of a vehicle that can be operated manually or automatically and can have a transparent or opaque panel.
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What drives the Global Automotive Sunroof Market?
The increasing passenger vehicle sales are expected to propel the growth of the automotive sunroof market going forward. Passenger vehicles are motor vehicles that are used for the transport of passengers for commercial purposes. The sunroofs in passenger vehicles make the interiors of vehicle bright, provides effective ventilation, and enhance the driving experience, thereby sunroofs are installed in passenger vehicles to enhance the overall experience of passengers. For instance, according to the China Association of Automobile Manufacturers, the sales of passenger vehicles were approximately 21.48 million in 2021, up 6.5% from the previous year. Therefore, the increasing passenger vehicle sales are driving the growth of the automotive sunroof market.
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Global Automotive Sunroof Market Segments
The global automotive sunroof market is segmented:
By Type: Inbuilt Sunroof, Spoiler Sunroof, Pop-Up Sunroof, Panoramic Sunroof, Others
By Material Type: Glass, Fabric, Others
By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Electric Vehicles
By Geography: The regions covered in the automotive sunroof market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Automotive Sunroof Global Market Report 2022provides market size and growth forecasts for the global automotive sunroof market, global automotive sunroof market share, automotive sunroof market segments and geographies, automotive sunroof market competitive landscape including leading competitors’ revenues, profiles and market shares. The automotive sunroof market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Automotive Sunroof Industry Playersinclude Webasto Group, CIE Automotive, Inteva Products, Inalfa Roof Systems Group B.V., Yachiyo Industry Co. Ltd., Johnan America Inc., Signature Automotive Products, Magna International Inc., Mitsuba Corporation, Aisin Corporation, and Wuxi Ming Fang Automobile Parts Industry Co. Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.