Automotive Sunroof Market Expands: Size and Share Surge (2022-2030)

Key Points and Statistics on the Automotive Sunroof Market:
● The global automotive sunroof market size is projected to expand to USD 50,602 Million by 2030, growing at a CAGR of 9.2% from 2022 to 2030.
● Asia-Pacific region led the market with more than 33% share in 2021.
● Europe's regional market is expected to grow at a CAGR of more than 9% during the forecast period.
● OEMs category engaged more than 92% of the total market share among distribution channels.
● SUVs accounted for more than 45% of worldwide automobile sales in 2021.

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Automotive Sunroof Market Overview and Analysis:
The automotive sunroof market is evolving with increasing demand for passenger comfort, convenience, and safety features. The growing adoption of low-cost vehicle lineups in developing countries and expanded automobile rental services are contributing to the market growth. However, challenges such as larger sunroof dimensions adding to curb weight and regulations regarding lightweight materials are present.

Latest Automotive Sunroof Market Trends and Innovations
The automotive sunroof market is witnessing growth in luxury vehicle sales and the infiltration of solar sunroof technologies in electric vehicles (EVs). The automotive sector's rapid advancements and consumers' interest in aesthetic looks with enhanced features are shaping manufacturers' approach towards vehicles with sunroofs.
Some of the latest trends and innovations in the automotive sunroof market include:
● The increasing popularity of panoramic sunroofs, which offer a more expansive view of the sky and surroundings.
● The development of solar sunroofs, which can generate electricity to power the vehicle's battery.
● The use of lightweight materials, such as carbon fiber, to reduce the overall weight of the vehicle.
● The integration of sunroofs with other features, such as rain sensors and sunshades.
Major Growth Drivers of the Automotive Sunroof Market
The automotive sunroof market is being driven by a number of factors, including:
● The increasing demand for compact and midsize SUVs.
● The growing adoption of a low-cost vehicle lineup in developing countries.
● The expanded automobile rental services.
● The increased passenger car manufacturing.
Key Challenges Facing the Automotive Sunroof Industry
The automotive sunroof industry faces a number of challenges, including:
● The larger dimensions of sunroofs adding to curb weight.
● Regulations regarding lightweight materials.
● Economic instability.
● Life-threatening situations related to sunroofs.
The automotive sunroof market is expected to continue to grow in the coming years, driven by the increasing demand for luxury vehicles, solar sunroofs, and lightweight materials. However, the industry faces a number of challenges, which will need to be addressed in order to ensure continued growth.

Market Segmentation Insights:

● By Material:
○ Glass
○ Fabric

● By Product:
○ Panoramic
○ Built-in
○ Top Mount/Spoiler
○ Pop-up
○ Folding

● By Operation:
○ Manually Operated
○ Automatic

● By Distribution Channel:
○ OEM
○ Aftermarket

Overview by Region of the Automotive Sunroof Market:
Asia-Pacific holds the dominant market share, primarily due to increased automobile production. The presence of significant players in countries like China and India and new vehicle introductions with advanced features are expected to promote market expansion.

Automotive Sunroof Market Table of Content:

CHAPTER 1. Industry Overview of Automotive Sunroof Market

CHAPTER 2. Research Approach

CHAPTER 3. Market Dynamics And Competition Analysis

CHAPTER 4. Manufacturing Plant Analysis

CHAPTER 5. Automotive Sunroof Market By Material

CHAPTER 6. Automotive Sunroof Market By Product

CHAPTER 7. Automotive Sunroof Market By Operation

CHAPTER 8. Automotive Sunroof Market By Distribution Channel

CHAPTER 9. North America Automotive Sunroof Market By Country

CHAPTER 10. Europe Automotive Sunroof Market By Country

CHAPTER 11. Asia Pacific Automotive Sunroof Market By Country

CHAPTER 12. Latin America Automotive Sunroof Market By Country

CHAPTER 13. Middle East & Africa Automotive Sunroof Market By Country

CHAPTER 14. Player Analysis Of Automotive Sunroof Market

CHAPTER 15. Company Profile

List of Key Players in the Global Market:
The market includes leading companies such as Inteva Products LLC, Webasto SE, Aisin Seiki Co., Ltd., Magna International, Inc., Inalfa Roof Systems B.V., and CIE Automotive, who are at the forefront of automotive sunroof technology and innovation.

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This release was published on openPR.