The Automotive Sunroof Market is Predict to reach $13.2 Billion by 2030, at a CAGR of 8.9%

2-Jan-2024 | Report Format: Electronic (PDF)

Automotive Sunroof Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Automotive Sunroof Market size is expected to reach $13.2 billion by 2030, rising at a market growth of 8.9% CAGR during the forecast period.

The Glass segment is leading the Global Automotive Sunroof Market, By Material in 2022; thereby, achieving a market value of $11.6 billion by 2030. Glass sunroofs provide a natural light source, creating a bright and airy atmosphere within the vehicle. This contributes to a more pleasant driving experience, making the cabin more spacious and open. Sunroofs are designed to be opened, allowing fresh air to circulate through the vehicle's interior. This can be especially refreshing during pleasant weather conditions, providing an alternative ventilation option to traditional windows. Glass sunroofs come in various styles, including fixed, tilt-and-slide, and fully retractable options.

The Electric Powered Vehicle segment is experiencing a CAGR of 10.6% during (2023 - 2030). Electric vehicles commonly have lower operating prices compared to traditional gasoline-powered vehicles. They have fewer moving parts, require less maintenance, and benefit from lower energy costs. This cost advantage makes EVs increasingly attractive to consumers. Improvements in battery technology, including increased energy density and cost reductions, have played a pivotal role in the expansion of electric vehicles. These advancements contribute to longer driving ranges, faster charging times, and enhanced overall performance.

The Asia Pacific region dominated the Global Automotive Sunroof Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.7 billion by 2030. The Europe region is anticipating a CAGR of 8.2% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 8.7% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/automotive-sunroof-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Magna International, Inc., Aisin Corporation (Toyota Motor Corporation), Inteva Products, LLC (The Renco Group Inc), Webasto Group, Inalfa Roof Systems Group B.V (BHAP family), CIE Automotive, S.A., MITSUBA Corporation, Valmet Oyj, BOS GMBH & CO. KG, and Johnan Manufacturing Inc.

Global Automotive Sunroof Market Segmentation

By Material

  • Glass
  • Fabric

By Vehicle Type

  • Gasoline Powered Vehicle
  • Electric Powered Vehicle

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Magna International, Inc.
  • Aisin Corporation (Toyota Motor Corporation)
  • Inteva Products, LLC (The Renco Group Inc)
  • Webasto Group
  • Inalfa Roof Systems Group B.V (BHAP family)
  • CIE Automotive, S.A.
  • MITSUBA Corporation
  • Valmet Oyj
  • BOS GMBH & CO. KG
  • Johnan Manufacturing Inc.

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