1st Aug 2019 – The global automotive
sunroof market crossed 6.2 billion in 2016 and is expected to grow
considerably by 2025 with increasing consumers demand for luxury cars.
Automotive sunroof is the roof opening in 4-wheelers just like one with
coverable metal panel. Consumers mainly look for comparatively higher comfort
for their cars than before. Presently, the air-conditioning and sunroofs are no
more high-class components of modern luxury cars. With the growing competitive
market, the vehicle manufacturers are making use of sunroofs and other
equipment to build innovative designs. Some of the driving factors of the market
include the need to manage light inside the vehicle and wider glass surface
area in vehicles like larger sunroofs. These factors are expected to boost
automotive sunroof market with a CAGR of 6.9% in the coming years.
Technological advancements in the vehicle
industry such as installation of automotive sunroof is a major reason behind
the increased comfort, safety and visually appealing features by customers. The
sunroofs help the vehicle to get better air circulation along with improved
lighting and brightness while daytime. This automatically increases the
passengers’ comfort level inside the car. Currently, numerous manufacturers
have begun using smart glasses, which takes care of the security issue.
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A smart glass is light in weight, raises
the vehicle’s fuel efficiency, offer improved control on heat and light
emission and lowers the use of (HVAC) heating ventilation and air conditioning
unit to maintain the inner vehicle’s temperature. OEMs like Audi, Mercedes-Benz,
BMW are successively using smart glass for the sunroof in their vehicles. This
is expected to lead the market with positive development in the coming years.
In the previous years, the automotive
sunroof industry witnessed major technological advancements by using different
materials. Today, the vehicle makers are largely opting for durable high-tech
materials like ethylene propylene diene monomer rubber products and silicone,
which prevents the harmful UV radiations. Over the years, the industry is
expected to grow impressively displaying dynamic technological innovations and
improvements in leakage issues.
The after sales market is also fuelling
up the growth of automotive sunroof industry. The rising alternative fuel
vehicle division is inspiring the development of sunroofs with built-in solar
cells that provides power to vehicles. Customers are now preferring sunroof,
which is one of the major trends observed in the automotive sunroof market in
the coming years. Moreover, the technological development for cost reduction
and expanding functionality of sunroof glasses are on hike. This growing
consumer demand for automotive sunroof vehicles in the developing countries is
expected to drive the market.
The automotive sunroof industry is
categorized on the basis of material type, glass type and sunroof type. On the
basis of material type, the market is divided into Glass Sunroof type and Fiber
Sunroof type. The Glass Sunroof type is expected to dominate the market growth
in terms of revenue. On the basis of Glass Type, the industry is divided into
Laminated Glass Sunroof and Tempered Glass Sunroof. On the basis of Sunroof
Type, the industry is divided into In-Built Glass Sunroof, Tilt and Slide Glass
Sunroof, Panoramic Glass Sunroof, Top-Mount Glass Sunroof, Pop-Up Glass Sunroof
and Solar Glass Sunroof.
Geographically, the automotive sunroof
market can be segmented as Europe, North America, Asia Pacific, Middle East
& Africa and Latin America. Europe is predicted to dominate the market
share in the coming years with progressive increase in demand for luxury
vehicles with sunroof. Some major automotive sunroof industry players profiled
are Automotive Sunroof Company, Webasto SE, Nippon Sheet Glass Co. Ltd.,
Yachiyo Industry Co., Ltd., Johnan America, Inc., Corning Inc., Meritor Inc.,
Aisin Seiki Co., Ltd., Inalfa Roof Systems Group B.V and Inteva Products, LLC,.
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