Global Automotive Sunroof Market to Reach USD 13,151.93 Million by 2030 | CAGR of 9.4%
Category : Automotive Services | Published Date : Nov 2024 | Type : Press Release
Automotive Sunroof Market Scope & Overview:
As per the Consegic Business Intelligence newly published report, the Automotive Sunroof Market size was valued at USD 6,536.87 Million in 2022 and is projected to reach USD 13,151.93 Million by 2030, growing at a CAGR of 9.4% from 2023 to 2030. Automotive sunroofs are integrated into the roofs of vehicles to provide natural light and ventilation into the cabin, offering an enhanced driving experience. These sunroofs can be built with metal or glass panels and are primarily designed for improving passenger comfort, ventilation, and aesthetic appeal.
The report comprises the Automotive Sunroof Market Share, Size & Industry Analysis, By Type (In-Built Sunroof, Pop-up Sunroof, Folding Sunroof, Panoramic Sunroof, Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2023-2030.
The report contains detailed information on Automotive Sunroof Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Rising demand for luxury vehicles and growing adoption of sunroofs in electric vehicles are key drivers of market growth, while high costs of installation and maintenance may act as restraints.
Segmental Analysis :
Based on type, the market is segmented into in-built sunroofs, pop-up sunroofs, folding sunroofs, panoramic sunroofs, and others.
- In-built sunroofs held the largest market share in 2022, driven by their high demand in passenger cars. These sunroofs provide better ventilation and are widely preferred for their aesthetic appeal and ability to open fully, enhancing the driving experience.
- Panoramic sunroofs are projected to grow at the fastest CAGR during the forecast period due to their increasing use in electric vehicles, as they provide better ventilation and a larger view area.
Based on vehicle type, the market is segmented into passenger cars, commercial vehicles, and electric vehicles.
- Passenger cars accounted for the largest revenue share in 2022, driven by increasing production and rising consumer demand for sunroofs in high-end vehicles. The need for thermal comfort and an improved driving experience are key factors contributing to the dominance of this segment.
- Electric vehicles are expected to register the fastest growth, driven by the rising demand for environmentally friendly vehicles that integrate advanced features like sunroofs to enhance passenger comfort and reduce energy consumption.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- North America held the largest revenue share of USD 2,274.83 Million in 2022, driven by strong automobile production and consumer preferences for vehicles equipped with sunroofs.
- Asia-Pacific is expected to register the fastest growth, driven by rising automobile production, increased government investments in electric vehicles, and the growing demand for comfort features in cars.
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 | USD 13,151.93 Million |
| CAGR (2023-2030) | 9.4% |
| By Type | In-Built Sunroof, Pop-up Sunroof, Folding Sunroof, Panoramic Sunroof, Others |
| By Vehicle Type | Passenger Cars, Commercial Vehicles, Electric Vehicles |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape includes leading automotive companies offering sunroof systems. These companies are focusing on innovation, production expansion, and strategic partnerships to meet the growing demand for sunroofs.
List of prominent players in the Automotive Sunroof Industry:
- Webasto Group
- CIE Automotive
- Yachiyo Industry Co. Ltd
- Inalfa Roof Systems Group B.V.
- Inteva Products
- Johnan Manufacturing Inc.
- AISIN CORPORATION
- Magna International Inc.
- Signature Automotive Products
- Wuhu Motiontec Automotive Technology Co. Ltd.
Recent Industry Developments :
- In May 2023, Webasto Group opened its second production facility in India to meet the rising demand for panoramic sunroofs.
- In March 2023, AISIN Corporation's panoramic sunroof was integrated into two Mercedes-Benz electric vehicle models, highlighting the growing adoption of sunroofs in EVs.
