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Power Sunroof Market Size

ID: MRFR//3537-HCR | 111 Pages | Author: Sejal Akre| May 2024

The power sunroof market is known for its dynamism within the automotive industry. One thing that affects the market is the growing need for better driving experiences and customization of vehicles among consumers. Technological advancements influence power sunroofs in various ways. Manufacturers are integrating advanced technologies such as smart sensors, anti-pinch systems, and automatic rain-sensing capabilities into their sunroof designs. In addition, these features improve safety, convenience, and user experience in general, reflecting a wider trend toward technology integration throughout the auto sector. To provide cutting-edge solutions that resonate with tech-savvy consumers, power and sunroof manufacturers must be at the forefront of innovation in an ever-evolving automotive technology environment.
Environmental factors and sustainability have become significant issues affecting the dynamics of the power sunroof market today. Sunroof producers are seeking lightweight materials to use during construction since there is an emphasis on vehicle weight reduction so as to enhance fuel economy, worsening air quality, and reduce CO2 emissions into the atmosphere. This also depends on global economic conditions as well as regional market trends, which also impact the dynamics of this market segment. Market dynamics depend upon collaborations between power sunroof manufacturers and OEMs in automobiles, where each party brings on board unique elements that differentiate their car models from other competitors in the market while enhancing their competitiveness. Power sunroofs offer a way for automakers to make their brands distinctive through product differentiation. Therefore, when designing new cars, carmakers maintain relationships with suppliers like Webasto to ensure consistency, reliability, and interoperability.
Changes heavily influence the power sunroof market in regulatory requirements for safety standards compliance and industry standards regulations about safety standards essential for all manufacturers developing these products being sold locally or internationally under consumer protection laws legislation directives national insurance company requirements or similar provisions regarding any other statutory obligations governing sale distribution warranty contracts have been enacted order protect buyers sellers investors manufacturers. Manufacturers should meet a series of strict safety standards that are meant to guarantee the reliability and durability of their sunroof products. The aftermarket segment is an essential aspect of power sunroof market dynamics. Over time, there will always be a need to replace or install new aftermarket sunroofs as vehicles age and customer preferences change. Consumer preferences, technological advancements, environmental considerations, global economic conditions, collaborations with automotive OEMs, safety regulations, and the aftermarket segment influence the power sunroof market dynamics today. Hence, players in this sector must understand these dynamic factors and respond to them promptly if they want to survive in this highly competitive industry.

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 Power Sunroof Market Image


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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