Automotive Sunroof Market to Grow at a CAGR of 3.2% to reach US$ 6,120.00 million from 2020 to 2027

 

The automotive sunroof market was valued at US$ 5,104.70 million in 2019 and is projected to reach US$ 6,120.00million by 2027; it is expected to grow at a CAGR of 3.2% from 2019 to 2027.

 

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The automotive manufacturers have introduced several features that augment vehicle visual aesthetics, ventilation, efficiencies, and among other performance indicators. Among these, the automotive sunroof can be described as specially designed movable panels installed in the vehicle roof that enables improved ventilation, lighting, and freshness appeasing for the passengers. The sunroof products quickly gained prominence and resulted in broader adoption by several automotive manufactures globally.Factors such as an increase in demand for improved visual aesthetics and enhanced traveling experience coupled with the rise in disposable income of the individuals have a profound positive influence over the automotive sunroof market growth in recent years. Furthermore, the growing middle-class income group, especially in several fast-growing economies, also has impacted the automotive sunroof market growth and provide various profitable business opportunities for the market players globally. At present, the companies operating in the automotive sunroof market offer product such as slide-in, slide-out, panoramic, and pop-up sunroofs. Moreover, the integration of electric actuation through motors and improved glass materials has significantly upgraded the quality of sunroof system options for the OEMs and after-sales markets.

Automotive Sunroof Market-Strategic Insights

 

Report Coverage	Details
Market Size Value in	US$ 5,104.70 Million in 2019
Market Size Value by	US$ 6,120.00Million by 2027
Growth rate	CAGR of 3.2% from 2020-2027
Forecast Period	2020-2027
Base Year	2020
No. of Pages	211
No. Tables	156
No. of Charts & Figures	90
Historical data available	Yes
Segments covered	Type ; Material ; Application
Regional scope	North America; Europe; Asia Pacific; Latin America; MEA
Country scope	US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
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