Automotive Sunroof Market Overview and Future Outlook Report, 2016 to 2024

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Automotive Sunroof Market Share, Size, Analysis,
Growth, Trends and Forecasts to 2024 Hexa
Research
Automotive Sunroof Market to Exceed USD 9
billion by 2024
The worldwide Automotive Sunroof Market was
valued at around USD 4.70 billion in 2014. The
industry is expected to grow at nearly 10 CAGR
and surpass USD 9 billion from 2016 to 2024
(forecast period). The use of smart glass in
vehicles is anticipated to impel industry growth
in the coming years. Rising vehicle owners and
worldwide population have contributed to added
market sales. Growing popularity of
automotive sunroofs has also contributed to
overall demand. Furthermore, the after-sales
trend in the Asia Pacific region has furthered
market growth.
Consumers expect more comfort in their cars, with
such a roofing system. They opt for sunroofs
other luxurious features for their economy-class
vehicles. Around half of all new cars sold will
be fitted with sunroof systems in the years to
come. These would include convertibles, full
glass sliding, and retractable hardtops.
Alternate fuel vehicles may encourage car
manufacturers to make built-in solar cell
sunroofs, powering vehicles. Technological
developments in solar roofs for EVs (Electric
Vehicles) can propel the global Automotive
Sunroof Market in the forecast period.
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The Automotive Sunroof Market is divided into
applications, products, and geographies. Products
include fabric and glass. It is expected that the
glass segment may continue to dominate the global
market from 2016 to 2024. Glass is further
divided into pop-up, inbuilt, spoiler or tilt
slide, top mount, and panoramic. The panoramic or
the vista roof segment can grow at a CAGR
exceeding 15 in the forthcoming years. Greater
preference for bigger sunroofs contributes to its
demand.
Fabric sunroofs include foldable or rag-tops and
removable sunroofs. The fabric sunroof industry
in Europe and North America is mainly driven by
demand for foldable sunroofs. Most vehicle
manufacturers provide either inbuilt or optional
systems, in their mid to premium range of cars.
The inbuilt glass car sunroof industry
contributed to more than 40 of the total market
shares in 2014. This industry may expand at
over 7 CAGR till 2024. Increasing aftermarket
factory-installed product demand could stimulate
the Automotive Sunroof Market.
On the basis of applications, the industry is
divided into hatchback, premium cars, sedan cars,
and others. The premium cars segment is popular
in regions, like India, South Korea, China, and
Thailand. Rising demand for luxury cars in these
markets is attributed to rising disposable
incomes.
Geographies in the global Automotive Sunroof
Market include North America, Europe, Asia
Pacific, Latin America, and the Middle East
Africa (MEA). North America and Europe may
exhibit significant growth from 2016 to 2024. The
Europe sunroof industry was estimated at around
USD 1.7 billion in 2014. It is projected to grow
at nearly 9.5 CAGR in the coming years. A key
factor driving this market is the demand for
luxury vehicles in the U.K. and Germany.
The Asia Pacific sunroof market can witness a
growth of over 11 CAGR till 2024. Emerging
automotive manufacturing hubs in countries, like
India, China, and Japan can contribute to the
demand in this region.
Key players in the global Automotive Sunroof
Market are Webasto, Inalfa Roof Systems, Johnan
America Incorporated, Mitsuba Corp, and Inteva
Products. Partnerships, new product development,
and research development, are the main business
expansion strategies adopted by these companies.
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Table of Contents
1. Methodology Scope 1.1 Research
Methodology 1.2 Research Scope Assumptions 1.3
List of Data Sources
2. Executive Summary
2.1 Industry Summary of Automotive Sunroof Market
3. Industry Outlook
3.1 Automotive Sunroof Market Segmentation 3.2
Automotive Sunroof Market Size and Growth
Prospects 3.3 Automotive Sunroof Market
Dynamics 3.4 Key Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016
4. Application Framework
4.1 Automotive Sunroof Market share by
application, 2016 2024
5. Regional Outlook 5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa) 5.6 RoW (Rest of
the World)
6. Competitive Landscape 6.1 Webasto
6.1.1 Company Overview 6.1.2 Revenue
Analysis 6.1.3 Product Benchmarking 6.1.4
Strategic Initiatives 6.2 Inalfa Roof Systems
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6.2.1 Company Overview 6.2.2 Revenue
Analysis 6.2.3 Product Benchmarking 6.2.4
Strategic Initiatives 6.3 Johnan America
Incorporated 6.3.1 Company Overview 6.3.2 Revenue
Analysis 6.3.3 Product Benchmarking 6.3.4
Strategic Initiatives 6.4 Mitsuba Corp
6.4.1 Company Overview 6.4.2 Revenue
Analysis 6.4.3 Product Benchmarking 6.4.4
Strategic Initiatives 6.5 Inteva Products
6.5.1 Company Overview 6.5.2 Revenue
Analysis 6.5.3 Product Benchmarking 6.5.4
Strategic Initiatives
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