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Automotive Sunroof Market Revenue, Regional Outlook 2021 – 2030

Theglobal Automotive Sunroof market size is expected to be worth around US$ 20.12 billion by 2030, according to a new report by Trends Market Research.

The global Automotive Sunroof market size was valued at US$ 10.2 billion in 2020 and is anticipated to grow at a CAGR of 10.9% during forecast period 2021 to 2030.

Growth Factors

the sunroof feature was limited only to luxury vehicles. However, its growing popularity among consumers prompted several automakers to consider it as a differentiating feature. Rising popularity of sunroof feature coupled with continual advancements in glass technology is anticipated to provide a significant boost to the market.

Demand for convertible cars has been plummeting since the past few years owing to factors such as lesser agility and safety and higher costs as compared to hardtop vehicles. When it comes to hardtop vehicles, demand for sport utility vehicles (SUVs) has been rising tremendously owing to benefits they offer, such as improved stability and safety coupled with better utility. Furthermore, SUVs are increasingly being fitted with sunroofs. This shift in consumer preference is estimated to boost the demand for glass sunroof systems. 

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Report Highlights

On the basis of the product type, the market has been segmented into glass and fabric. The glass sunroof segment held the leading share in the market in 2020 and it is poised to expand at a phenomenal CAGR over the forecast period. The growth of the segment can be attributed to advancements in technology, which have made it possible to manufacture various types of glasses, such as tempered glass, laminated glass, and glass that can protect from ultraviolet rays.

Premium & luxury-segment vehicles dominated the market in 2020, and the segment is projected to reach USD 10.6 billion by 2030. The segment is expected to continue dominating the automotive sunroof market over the forecast period owing to rising spending power of consumers.

The demand for hatchback automobiles is rising, particularly in emerging economies, such as India and China. As a result, the mid-segment vehicles segment is rapidly catching up with the premium & luxury-segment vehicles segment.

Asia Pacific is estimated to hold the largest share by 2030. Demand for premium vehicles in emerging economies, such as India and China, is surging in line with rising disposable incomes of the populace. At the same time, automobile production in the region is increasing as automakers are investing aggressively to expand their production capacity. 

Key Players

 Webasto Group; Inalfa Roof Systems Group B.V.; Inteva Products; Magna International Inc.; AISIN SEIKI Co., Ltd.; Yachiyo Industry Co., Ltd.; and CIE Automotive

Market Segmentation

  • Product Type
    • Glass sunroof
    • Fabric sunroof
  • Vehicle Type
    • Mid-segment vehicles
    • Premium & luxury-segment vehicles
  • Regional
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
      • The U.K.
    • Asia Pacific
      • China
      • India
      • Japan
    • South America
      • Brazil

The Automotive Sunroof market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

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The report provides size (in terms of volume and value) of Automotive Sunroof market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Automotive Sunroof market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Sunroof market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Automotive Sunroof market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Automotive Sunroof capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Automotive Sunroof by regions...

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