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Many factors influence the dynamics and growth path of the power sunroof market, thereby determining its future course; however, all together, they constitute what may be referred to as a multitude of market factors influencing it. One such driver is increasing consumer demand for quality driving experiences and attractive vehicles. Basically, power sunroofs contribute to the openness that is felt by drivers by creating a better environment for driving. Government regulations and emission standards also play a crucial role in shaping the power sunroof market. In automobile design, lightweight and aerodynamics have been increasingly important as automotive manufacturers try to meet more stringent fuel efficiency and emission requirements. Aerodynamics may be enhanced when power sunroofs are properly designed and integrated into vehicles without affecting their structural rigidity; this trend is consistent with wider industry emphasis on both sustainability and efficiency, making them popular among car makers who must comply with rules.
Technological advancements undertaken in automotive design and manufacturing have far-reaching effects on the power sunroof market. The performance, safety, and reliability of power sunroofs are improved through innovations in materials such as lightweight, durable glass, as well as enhancements in mechanisms or control systems involved. People's lifestyle preferences will also affect the demand for power sunroofs. Therefore, given the increased popularity of SUVs and crossovers, many automakers have now provided power sunroofs either standardly or optionally in these vehicle types. Building such associations between the premium experience of driving (fantastic driving)and these products has made them commonplace among buyers looking for cars that offer functionality as well as status symbols or luxury items.
The sunroof market is a market where global economic conditions and purchasing power are heavily influenced. Economic stability and increased disposable income are normally associated with rising demand for motor vehicles, especially those with luxury features like sunroofs. This is also due to the competitive landscape and cooperation within the automobile industry, which has contributed to the market dynamics of power sunroofs. They can be known as OEMs (Original Equipment Manufacturers) or suppliers. These two collaborate in such areas as technology, design, production capacity, etc., to optimize their performances in designing the best car models worldwide.
Power Sunroof Market Highlights:
Power Sunroof Market Synopsis:
Automotive sunroof market is projected to grow at a CAGR of over 11% during the forecast period in terms of value backed by growing technological advancements, and increasing demand of luxury cars.
Moreover, the growing production of customized sunroof tracks is a major trend boosting the global automotive sunroof market. Hence, with a growing car production, the demand for sunroofs will simultaneously increase, among OEMs. The new trends being witnessed are research and development initiatives being carried by automotive manufacturers with focus on advantageous locations for production and short-distance supply to reduce costs. Recently, in 2017, Inteva products receives international innovation award for structurally integrated panoramic sliding sunroof.
Power sunroof market is expected to be promising during the forecast period due to the major driving factors such focus on high-quality products, changing lifestyle of consumers and rising spending power. Automotive companies including passenger cars manufacturers are constantly trying to emphasize more on innovation for their product offering so as to enhance the efficiency in automotive sector.
With the increasing population, the demand for vehicles is also increasing, leading to an increase in the production of automobiles. Overall, global car production is expected to rise by an annual average rate of 3.5% in the period, from 2013 to 2017. Significant developments in component materials combined with increasing number of factory installed sunroofs are estimated to positively impact the market demand.
The growing production of customized sunroof tracks is major trend gaining traction in the global automotive sunroof market. Manufacturers are introducing customized parts, which are designed and built using special machinery as per the customer requirements. Moreover, increasing consumer preference for use of alternative fuel vehicles persuaded automotive manufacturers to develop sunroofs with built-in solar cells that power the vehicles. Challenges associated with design and manufacturing glass sunroofs can hamper the structural integrity of the vehicle due to change in the center of gravity on account of increased weight on the rooftop.
The Prominent Players
The key players of global power sunroof market include Webasto (U.S.), Inalfa Roof Systems (Netherlands), Inteva (U.S.), Magna International (Canada), Aisin Seiki (Japan). Nippon Sheet Glass Co., Ltd (Japan). Automotive Sunroof Company (Canada), Yachiyo Industry Company Ltd. (Japan) and Preh IMA Automation (PIA) Evansville (U.S.), BOS (Germany)
Power Sunroof Market-By Segment 
Regional Analysis
Power sunroof market catered across different geographical regions namely North America, Europe, Asia Pacific, Middle-East and Africa along with further country wise segmentation. Currently, Europe dominates the sunroof market throughout the forecast period, followed by North America. Panoramic sunroof is the fastest growing segment, which will dominate the market in the forecast period. Asia-Pacific is expected to see significant growth as large demand and production of automobiles. This is primarily due to development of automotive manufacturing industries in economies such as Japan and South Korea and the continued strong support for solar sunroofs.
Automotive vehicle production has been growing rapidly with a substantial increase in global population and vehicle owning capacity. The demand for sunroof witnessed a spike in popularity, especially among the younger population in Asian countries. These factors have been greatly influenced by the use of sunroof systems and the developments in them, which in turn have propelled the market, globally.
One of the most iconic style choices for cars of all recent trends is that of the sunroof. A car sunroof is an opening on top of a car roof which allows light or fresh air to enter the interior. Sunroofs may be manually or automatically operated according to the type of car. They come in different shapes, sizes and styles and act as extra accessory and not as a standard one. The global power sunroof market is a very dynamic market and is expected to witness high growth over the forecast period. The development of new and diversified technologies is creating exciting opportunities within the automotive industry.
The report for Global Power Sunroof Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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