The automotive sunroof market is projected to reach USD 7,920.1 million in 2024, with an estimated CAGR of 11% during the forecast period. By 2034, the market value is expected to grow to USD 22,780.9 million.
In recent years, the car sunroof sector has seen substantial growth and innovation. Rising consumer demand for an enhanced driving experience, along with a desire for luxury and aesthetic appeal, has been a major driver of this market’s expansion.
Once considered a luxury feature, sunroofs have become increasingly popular in mainstream vehicles, reflecting changing consumer preferences and advancements in automotive technology.
A significant function of automotive sunroofs is to create a spacious feel and provide a broad view from inside the vehicle. Advances in design and manufacturing have led to the development of lightweight, durable, and energy-efficient sunroof systems, which contribute to improved vehicle performance and fuel efficiency.
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Key Takeaways from the Automotive Sunroof Market Report:
- The automotive sunroof market is expected to grow at an 11% CAGR over the forecast period from 2024 to 2034.
- When it comes to type, the in-built sunroof segment is likely to dominate the sector with a CAGR of 10.5% from 2024 to 2034.
- India is the leading market for automotive sunroofs, with a remarkable growth rate of 13.10% from 2024 to 2034.
- India is followed by Australia and China (12.30%), and Chile (11.%) in terms of automotive sunroof market growth.
Competitive Analysis of the Automotive Sunroof Market:
In the competitive landscape of the global automotive sunroof market, key players are focusing on technological integration and sustainability. These companies recognize the importance of incorporating advanced features and eco-friendly solutions to meet consumer demands. Due to the presence of numerous international players, the market for automotive sunroofs remains a challenging environment for smaller players to navigate and establish themselves.
Key Companies in the Automotive Sunroof Market:
- Webasto Group
- Aisin Corporation
- Inalfa Roof Systems
- Yachiyo Industry
- Inteva Products
- Yutani Gaunjia (Mobitech)
- Magna International
- CIE Automotive
- BOS GMBH & CO. KG
- Signature Automotive Product
Recent Developments in the Automotive Sunroof Market:
- Strengthening its position as a leading supplier of automotive sunroof systems, Magna International acquired the automotive sunroof business of Valeo in 2021.
- In order to broaden its market presence and product line, Webasto Group purchased Inalfa Roof Systems’ vehicle sunroof business in 2022.
- Faurecia diversified its product offerings in the automotive industry by acquiring the automotive sunroof business of HELLA in 2020.
Key Segments in the Automotive Sunroof Industry:
By Sunroof Type:
- In-Built
- Panoramic
- Folding
- Pop-Up
- Others
By Operation Type:
- Electric
- Manual
By Material Type:
- Glass
- Fabric
By Vehicle Type:
- Passenger Car
- Compact Car
- Mid-Sized Car
- Luxury Car
- SUVs
- Light Commercial Vehicle
By Sales Channel:
- OEM
- Aftermarket
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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