DUBLIN--(BUSINESS WIRE)--Aug 28, 2018--The “Power Sunroof - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Power Sunroof Market accounted for $4.14 billion in 2017 and is expected to reach $12.8 billion by 2026 growing at a CAGR of 13.4% during the forecast period.
The growth of this market is mainly driven by growing demands for premium segment vehicles, advancements in glass technology. In addition increasing consumer preference towards power sunroof in developing nations and greater glass surface area in automobiles and increasing installation of power sunroof in vehicles such as SUVs and sedan/hatchbacks are the factors driving the growth of the power sunroof market.
However high cost of regular maintenance and manufacturing glass sunroofs can hamper the structural integrity of the vehicle due to change in the center of gravity on account of increased weight on the rooftop and low penetration of power sunroof in low segment vehicles are restraining the market growth.
By material type, glass segment is estimated to be the leading segment. The glass type sunroofs are mostly preferred by consumers since they offer better transparency, along with an open atmosphere.
Sedan/hatchback vehicle is the largest segment in the automotive industry because the sunroofs are mostly used in these vehicles to provide a stylish look.
In 2017 Europe is estimated to account for the largest share, by value and volume, of the power sunroof market. Also, in terms of growth, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Power Sunroof Market, By Material Type
6 Global Power Sunroof Market, By Glass Type
7 Global Power Sunroof Market, By Fabric Type
8 Global Power Sunroof Market, By Vehicle Type
9 Global Power Sunroof Market, By Geography
10 Key Developments
11 Company ProfilingACS France SAS Aisin Seiki Automotive Sunroof Company BOS CIE Inalfa Roof Systems Inteva Johnan Manufacturing Magna International Mitsuba Corporation Signature Automotive Products Valmet Automotive Webasto Yachiyo Industry
For more information about this report visit https://www.researchandmarkets.com/research/7vgtrd/power_sunroof?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180828005310/en/
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Related Topics:Automotive Body, Trim and Glass
INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/28/2018 04:52 AM/DISC: 08/28/2018 04:52 AM