Dublin, Feb. 19, 2024 (GLOBE NEWSWIRE) -- The "Global Automotive Sunroof Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The latest industry analysis report unveils a comprehensive study highlighting the exponential growth momentum within the global automotive sunroof market. This research delineates the pivotal trends underpinning market progression, with forecasts showcasing an impressive compound annual growth rate (CAGR) of 8.10% over the period from 2022 to 2028.
The expansion from a market size of US$ 9.9 Billion in 2022 to an estimated US$ 15.8 Billion by 2028 is driven by various contributing factors. The rise in consumer income levels, coupled with heightened demand for enhanced vehicular aesthetics and functionality, forms the crux of this growth narrative.
Key Market Drivers and Innovations
Ventilation and Aesthetic Appeal: Consumers' pursuit of superior vehicle interiors that offer effective ventilation and daylighting continues to catalyze the market expansion.
Technological Advancements: Advancements in sunroof designs leveraging cutting-edge materials, alongside diversified glass types like tempered and laminated, are surging to meet consumer desire for UV protection and sustainable options.
Electric Vehicle Integration: The burgeoning electric vehicle segment is another vital growth vector, integrating sunroofs as a standard feature to augment energy efficiency and driving experience.
Segmentation Insights and Regional Projections
The report segments the market to provide granular insights into the distinct types of automotive sunroofs such as in-built, tilt and slide, and panoramic systems. Material bifurcation reveals glass and fabric as prime components, whereas operationally, the demand divides into automatic and manually operated sunroofs.
Among vehicle types, mid-range to premium and luxury vehicles are examined, alongside distribution channel insights, spanning Original Equipment Manufacturers (OEMs) to aftermarket sectors. Regional analyses pinpoint North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa as critical market locales.
- Panoramic Sunroof System emerges as a segment experiencing heightened demand.
- North America and Asia-Pacific regions demonstrate robust market growth, powered by automotive innovations and elevating consumer paradigms.
Impact of COVID-19 and Competitive Landscape
The document includes an in-depth exploration of COVID-19's impact on the industry, offering a clear perspective on pandemic-induced market shifts. Additionally, the research profiles key industry players who are pioneering in the market landscape through innovation and strategic market positioning.
The findings assembled within this report aim to elucidate intricate market dynamics and forecast prospective trajectories, equipping stakeholders, investors, and industry partisans with essential insights to navigate the market panorama with confidence.
This comprehensive market study is now available, casting light on the pathways of the global automotive sunroof industry's future, marked by technological advances and the shift towards luxury automotive experiences.
Key Topics Covered:
- Scope and Methodology
- Objectives of the Study
- Data Sources
- Market Estimation
- Executive Summary
- Overview of Key Insights
- Introduction and Market Trends
- Overview of the Industry
- Key Trends Driving Market Growth
- Global Automotive Sunroof Market
- Market Overview and Performance
- Impact of COVID-19
- Market Forecast
- Market Segmentation
- Breakdown by Type, Material, Operation, Vehicle Type, and Distribution Channel
- Regional Analysis
- Market Trends and Forecasts for Different Regions
- SWOT Analysis
- Strengths, Weaknesses, Opportunities, and Threats
- Porters Five Forces Analysis
- Analysis of Market Competition
- Competitive Landscape
- Market Structure and Key Players Profiles
Key Attributes
| Report Attribute | Details |
| No. of Pages | 149 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $9.9 Billion |
| Forecasted Market Value (USD) by 2028 | $15.8 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
Companies Mentioned
- Aisin Corporation
- Automotive Sunroof-Customcraft (ASC) Inc.
- Beijing Automotive Group Co. Ltd.
- BOS Group
- CIE Automotive
- Inteva Products LLC
- Johnan America Inc.
- Magna International Inc.
- MITSUBA Corporation
- Webasto SE
- Yachiyo Industry Co. Ltd. (Honda Motor Company Ltd.)
For more information about this report visit https://www.researchandmarkets.com/r/fh564a
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