"Chasing the Sun: Opportunities in the Automotive Sunroof Market"

 During the projection period of 2022 to 2032, the global automotive sunroof market is estimated to expand at a value CAGR of 11%, reaching a valuation of more than US$ 19 Billion by 2032.

The glass material used in sunroofs is thought to make up more than 95% of the global market, according to FMI. The segment will grow thanks to traditional methods of making tempered or laminated glass and easy access to raw materials. Its outstanding glass insulating qualities, low maintenance costs, and energy efficiency make it a sunroof substitute that is accepted by the industry.

The automotive sunroof market will be driven by improvements in glass technology that offer higher UV protection, as well as by rising sales of premium and luxury cars in developing nations and a rise in the demand for electric and hybrid vehicles worldwide.

Increasing passenger car sales in conjunction with increased per capita income and consumer spending toward vehicle interiors and effective ventilation will drive the market. Also, the launch of new vehicle models with sunroofs as standard equipment will spur tremendous growth.

Request a Sample of this Report: 
https://www.futuremarketinsights.com/reports/sample/rep-gb-14746

Pop-up, in-built, tile and slide, and top mount installed on the top of the vehicle roof are all examples of automotive solar sunroofs. Solar sunroofs are made of glass with photovoltaic solar cells embedded into them.

Furthermore, as demand for electric vehicles grows in both developed and emerging countries, the solar sunroof system is becoming more popular in the EV market. Panasonic, for example, designed a 180-watt roof for the Toyota Prius Prime in Japan to provide enough energy to travel 3–6 kilometers each day.

Key Takeaways from Market Study

  • At a CAGR of 11.4%, the fastest-growing segment is the panoramic sunroof under sunroof type segment from 2022 to 2032.
  • Glass sunroofs are estimated to account for the highest share of more than 97% under the material segment in terms of value in 2022.
  • The electric-powered sunroof will dominate the market creating an incremental opportunity of nearly US$ 12 Bn by 2032.
  • By vehicle type, the passenger cars segment is projected to be the segment leader with a market share of more than 80% in 2022.
  • By sales channel, OEM is set to account for more than 95% of the global market
  • By 2032, East Asia is estimated to have the largest share of the global market, accounting for more than 48%.

“Growing need for safety, comfort, and aesthetic elements has resulted in a several technological developments in automobiles. This has improved the installation of sunroofs that allow for greater air circulation.” says a Future Market Insights analyst.

For more information: https://www.futuremarketinsights.com/reports/automotive-sunroof-market

Market Landscape

Automakers and suppliers are working together to improve the safety features of various automotive systems. For example, Hyundai Mobis launched the world’s first panorama sunroof airbag system, which can prevent passengers from being propelled out of the vehicle through the roof in the event of an accident or rollover.

Rain sensors have also been integrated into these systems by automakers. As a result, when it starts raining, auto sunroofs can be closed automatically. Over the forecast period, such advancements are expected to boost the market growth.

Some of the key automotive sunroof manufacturers included in the report are:

  • Webasto Group
  • Aisin Corporation
  • Inalfa Roof Systems
  • Yachiyo Industry
  • Inteva Products
  • Yutian Gaunjia (Mobitech)
  • Magna International
  • CIE Automotive
  • BOS GMBH & CO. KG
  • Signature Automotive Products

Comments

Post a Comment

Popular posts from this blog

Electric Vehicle Charging Station Market Analysis and Market Studies To 2033

  The global   electric vehicle charging station market   is projected to have a high-paced CAGR of 26.6% during the forecast period. The current valuation of the EV charging station market is US$ 10,768.2 Million in 2023. The value of the EV charging station market is anticipated to reach a high of US$ 113,889.1 Million by the year 2033. Restrictive pollution and fuel economy rules, government incentives, and an increase in the number of electric car sales are all factors driving the demand for Electric Vehicle charging station. Advancements in technology and software for electric vehicle charging are predicted to change how EV owners use and benefit from these services. Smart car API and charging networks, for instance, accurately determine an electric vehicle's charge time before the driver plugs the car into a station. Green energy is also projected to play an important role in both public and household electric vehicle charging locations. For owners of EVs, carbon emissions ar
Read more

"Market Shifts: Adapting to Changing Trends in the Automotive Turbocharger Sector"

  The global   automotive turbochargers market   is projected to have a high-paced CAGR of 9.5% during the forecast period. The current valuation of the automotive turbochargers market is US$ 14.3 Billion in 2023. The value of the automotive turbochargers market is anticipated to reach a high of US$ 35.4 Billion by the year 2033. Some key features driving the demand for automotive turbochargers are last-mile delivery and ever-changing mobility services. The present conventional turbocharger market is predicted to develop slowly due to the maturation of the sector and the quick shift to hybrid cars in the face of tight restrictions. Nonetheless, the leading players are developing improved turbos for fuel cells and electric cars, resulting in a massive potential addressable market throughout the projection period. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-135 Moreover, regulatory authorities, such as the United States Environmental Protec
Read more

Aircraft Cabin Interior Market Revenue, Future And Business Analysis By Forecast 2031

  According to ESOMAR-certified Future Market Insights’ (FMI), the  aircraft cabin interior market  is expected to expand at 2.70% CAGR throughout the forecast period. The market is highly competitive with United Technologies Corporation, Safran S.A., Diehl Stiftung & Co. KG, HAECO Group, Honeywell International, Inc., and Panasonic Avionics Corporation encompassing around 50% of global market shares. According to International Civil Aviation Organization, incorporation of low-cost carrier aircrafts in air transport sector has significantly influenced the aircraft cabin interior market. Thriving tourism sector, increase in air traffic, and growing flight iteration are factors driving the market growth. Surge in new aircraft orders and rising popularity of in-flight entertainment system and aesthetic lighting system will proliferate the market demand in upcoming years. Aircraft cabin interior market is anticipated to grow at a healthy pace owing to increasing demand for custom, luxu
Read more