Worldwide Automotive Sunroof Market Forecast to 2023 - Set to Record a CAGR of 10.81% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 21, 2019--The “Automotive Sunroof Market Share - Segmented by Material Type, Vehicle Type and Geography - Growth, Trends, and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The market is projected to grow at a CAGR of 10.81% during the forecast period.
A recent study by Ford on the car-buying trends in 22 countries across Europe revealed that over 10% of the buyers preferred a car with a sunroof to a car without a sunroof. Having understood this recent trend, various automobile manufacturers are now offering either built-in or optional sunroof systems in mid or premium segment cars.
The Vista Roof, a panoramic glass roof, has been available on Ford Edge since 2007. Owing to the consumer popularity, Ford has also made it available for Mustang, Flex, and Explorer models. This sunroof also features an SPF-50 rating that makes it suitable for every type of skin. Additionally, it has been able to even surpass the internal expectations and has automakers looking at other potential applications for optional features.
Growing alternative fuel vehicle segments have also pushed the automotive innovators to invent sunroofs with built-in solar cells that provide power to the vehicles.
The market for the glass sunroof segment constituted over 70% of the overall sunroof market share. This is further expected to reach over 80% by 2025, owing to the latest innovations in the field of solar sunroofs for electric vehicles and panoramic sunroof segments.
By vehicle type, this market has been segmented into hatchback cars, sedan cars, premium cars, and others. Lately, the automotive vehicle production has been growing rapidly with a substantial increase in the global population and the rise in the number of households that possess a vehicle.
2. Research Methodology
3. Executive Summary
4. Key Findings of the Study
5. Market Overview and Technology Trends
6. Market Dynamics
7. Global Automotive Sunroof Market Segmentation, By Material Type
8. Global Automotive Sunroof Market Segmentation, By Type
9. Global Automotive Sunroof Market Segmentation, By Vehicle Type
10. Global Automotive Sunroof Market Segmentation, By Geography
11. Competitive Landscape
12. Company ProfilesWebasto Roof Systems Inc. ACS France SAS Inteva Products Inalfa Roof Systems Group B.V. Aisin World Corp. of America Yachiyo Industry Co. Ltd. Johnan America Inc. Signature Automotive Products Magna International Inc. Mitsuba Corporation
For more information about this report visit https://www.researchandmarkets.com/research/lprzsq/worldwide?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190121005249/en/
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Related Topics:Automotive Body, Trim and Glass
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/21/2019 09:43 AM/DISC: 01/21/2019 09:43 AM