USD 4.97 billion
Automotive Sunroof Market Size, Share, Growth Analysis, By Type(Pop-up Sunroof, Panoramic Sunroof, Built-in Sunroof, Top-Mount Sunroof), By Material(Glass Sunroof and Fabric Sunroof), By Vehicle(Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2183 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
91
|Figures:
76
Automotive Sunroof Market Insights
Global Automotive Sunroof Market size was valued at USD 4.97 billion in 2022 and is poised to grow from USD 5.64 billion in 2023 to USD 13.40 billion by 2031, growing at a CAGR of 13.4% in the forecast period (2024-2031).
Global car sunroofs have changed consumer preferences and demands in recent years, improving driving experience, aesthetics, and the growing trend towards premium and luxury vehicles.
Sunroofs have become a popular feature in modern cars because they provide natural light, ventilation, and a sense of openness in the vehicle. In addition, as consumer disposable incomes increase, especially in developing economies, and personal incomes increase, there is an increased willingness to invest in vehicles with additional features such as sunroofs. In addition, middle-income households increase the demand for more sophisticated and comfortable vehicles.
However, the biggest challenge to market growth is the complexity of installing sunroofs, maintenance issues, and additional costs associated with these features.
In addition, demand for sunroof vehicles may be affected by the auto industry and susceptibility to economic downturns and fluctuations in consumer spending.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Panoramic Sunroof
Fastest Growth
Smart or electric sunroofs
Growth Rate
13.4% CAGR
Global Automotive Sunroof Market ($ Bn)
Country Share for North America Region (%)
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Automotive Sunroof Market Segmental Analysis
The global automotive sunroof market is segmented into four major segments i.e. by type, material, vehicle, and region. Based on type, it is divided into pop-up sunroof, panoramic sunroof, built-in sunroof, top-mount sunroof, and other innovative formats. Based on material, it is bifurcated as glass sunroof and fabric sunroof. Based on vehicle, it is segregated into passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and Others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
Analysis by Type
Panoramic sunroofs have typically held a substantial market share as offering a wide, unobstructed view of the sky, have gained popularity due to their aesthetic appeal and the sense of openness they provide to the vehicle interior. Consumers often perceive panoramic sunroofs as a premium feature, contributing to the increasing demand for such offerings in mid-range and luxury vehicles.
The automotive industry is experiencing a broader shift towards smart and electric vehicle technologies. Smart or electric sunroofs, which can be controlled with ease through electronic systems, align with this trend. Features like one-touch opening, closing, and even programmable settings contribute to a more convenient and futuristic driving experience, appealing to tech-savvy consumers. As advancements in electric vehicle technology continue, the integration of smart sunroof features may outpace other sunroof types in terms of growth.
Analysis by Material
Glass sunroofs have traditionally been the dominant material in the market. They provide vehicles with premium and stylish aesthetics, better visibility and improve the overall driving experience. Consumers often associate glass sunroofs with a premium and luxurious feel, making them a preferred choice for midsize and luxury vehicles. In the glass sunroof category, the trend is towards advanced glass technology. This includes features like tinting, UV protection, and even smart glasses that can electronically control transparency.
Advanced glass sunroofs meet consumer demands for comfort, safety and energy efficiency. In particular, smart glass allows users to control sunroof coverage, offering flexibility and customization. As technological innovations continue, adoption of advanced glass materials is likely to contribute to the growth of this segment..
Global Automotive Sunroof Market By Type
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Automotive Sunroof Market Regional Insights
North America has historically dominated the automotive sunroof market due to a larger population compared to other regions, providing a substantial consumer base. The region's automotive market is relatively mature, with well-established brands and a long history of consumer familiarity with these growing trends of automotive sunroof. This maturity provides a stable foundation for market dominance.
The Asia-Pacific region, including countries such as China and India, has been a dominant force in the automotive industry. Factors contributing to the dominance of this region include the growing middle-class population, increasing urbanization, and a rise in disposable incomes. As consumers in these countries seek more feature-rich and premium vehicles, the demand for automotive sunroofs, considered a luxury feature, has been on the rise.
Global Automotive Sunroof Market By Region
- Largest
- Fastest
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Automotive Sunroof Market Dynamics
Drivers
Increasing Consumer Preference for an Enhanced Driving Experience
- The increasing consumer preference for an enhanced driving experience, is marked by a demand for features that provide a sense of openness and connectivity with the surrounding environment. Sunroofs, offering natural light and ventilation, have become a pivotal element in meeting these preferences. Moreover, as disposable incomes rise globally, consumers are more inclined towards investing in vehicles equipped with premium features, including sunroofs, as a symbol of status and lifestyle.
Restraints
High Additional Cost Associated with Sunroof Installations
- One of the main market restraints is the additional cost associated with sunroof installations, which can be perceived as a luxury feature. The increased manufacturing complexity and maintenance requirements contribute to elevated production costs, potentially limiting market penetration, especially in cost-sensitive consumer segments. Moreover, the automotive industry's susceptibility to economic downturns and fluctuations in consumer spending presents a restraint on the demand for vehicles equipped with sunroofs.
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Automotive Sunroof Market Competitive Landscape
The competitive environment of the automotive sunroof market is dynamic and is characterized by a competitive landscape shaped by a diverse range of players striving for market share and innovation. Key industry participants include both established automotive manufacturers and specialized sunroof system suppliers. Original Equipment Manufacturers (OEMs) play a pivotal role, integrating sunroof features into their vehicle models to cater to consumer demands for enhanced driving experiences. Major OEMs, particularly those producing luxury and premium vehicles, often lead in incorporating advanced sunroof technologies and designs, setting trends for the market.
Top Player’s Company Profiles
- Inalfa(HaiNaChuan)
- Inteva
- Johnan Manufacturing Inc
- Donghee
- Shanghai Mobitech
- Wanchao Electric Appliance
- Jincheng Accessories
- Mingfang Automotive Parts
- DeFuLai Automotive Parts
- SHB Group
- Motiontec
- Magna International
- Automotive Sunroof-Customcraft (ASC) Inc.
- Corning Incorporated
- CIE AUTOMOTIVE SA
- AISIN CORPORATION
- Signature Automotive Products
Recent Developments
- In July 2023, Samvardhana Motherson International, a wholly-owned subsidiary of SAMIL, inked a deal to acquire an 81% stake in the four-wheeler business of Yachiyo Industry Co Ltd, a subsidiary of Honda Motor Co. Presently, Honda Motor holds a 50.4% stake in the publicly-listed Yachiyo, with the remaining shares owned by the public.
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In November 2023, Minda Corp. cooperated with Taiwan's HDMF to shape JV Car Sunroof Arrangements. This association will give a state-of-the-art innovation upheld by the cutting-edge assembling of the sunroof and closer innovation items for traveler vehicles by localization in India.
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In December 2023, the auto scene in India will send off several electric vehicles. Among these, Maruti Suzuki is venturing into the electric field with its lady simple EVX SUV, showing the brand's obligation to feasible versatility. Other top automakers, including Goodbye Engines, Kia, and Hyundai, are likewise set to send off new electric vehicles this year.
Automotive Sunroof Key Market Trends
Rising Adoption of Panoramic Sunroofs
- The increasing adoption of panoramic sunroofs across various vehicle segments. Panoramic sunroofs, offering a wide and unobstructed view of the sky, have gained popularity for providing an enhanced driving experience and a sense of spaciousness within the vehicle interior. Another significant trend is the integration of smart and electric sunroof technologies. Consumers are increasingly seeking advanced features that allow for convenient control of sunroof operations, such as one-touch opening and closing, often via smartphone applications. This aligns with broader industry trends towards connectivity and smart functionalities in vehicles.
Automotive Sunroof Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global automotive sunroof market analysis reveals a dynamic marketplace with a number of standout trends and difficulties. The market is propelled by increasing consumer demand for enhanced driving experiences, with panoramic sunroofs gaining popularity. Smart and electric technologies are significant drivers, offering convenient controls and aligning with the industry's connectivity trends. However, cost implications and potential maintenance issues serve as restraints, impacting market penetration. Panoramic sunroofs dominate the product types, and Asia-Pacific emerges as a key region, driven by rising disposable incomes. The market trends showcase a shift towards sustainable solutions, transparent solar sunroofs, and a focus on lightweight, customizable options to meet evolving consumer preferences.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 4.97 billion |
| Market size value in 2031 | USD 13.40 billion |
| Growth Rate | 13.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Sunroof Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Sunroof Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Sunroof Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Sunroof Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Sunroof Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Sunroof Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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