Global Automotive Sunroof Market 2017-2021

Automotive sunroofs may be fixed, vent, or sliding roofs that allow light and fresh air to enter the vehicle and also protects against the sun and wind. They can be operated manually or can be driven by motors. They are available in different sizes, shapes, and styles.
The Global Automotive Sunroof Market is currently being driven by the rising consumer demand for safety and comfort. Increasing disposable incomes are allowing a greater number of consumers to afford high-end luxury cars, while technological advancements in architecture and materials is allowing lower range cars to be optionally fitted with quality sunroofs. Both factors are likely to provide a substantial impetus to the global automotive sunroof market over the coming years. The global automotive sunroof market is also being propelled by the increasing development of passenger cars in general. However, the market is currently being stifled by utility issues such as the crushing of sunroofs during accidents or due to manufacturing defects. The installation of sunroofs also increases the overall maintenance cost of a car, making it an unwanted feature for low-end car buyers.

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Based on material types, in terms of revenue, the Global Automotive Sunroofs market was primarily driven by glass sunroofs with the leading market share in 2015 and is also expected to hold the top market share over the forecast share. Glass is a commonly used material in the manufacturing of sunroofs. Glass sunroofs are preferred by consumers since they offer better transparency, along with an open and spacious atmosphere. The market for fiber sunroofs will experience declining growth owing to the decline in demand for convertible tops. With growing lightweight and fuel efficiency trends, carbon fibers and polymers are also gaining popularity. In the glass sunroof type market segment, the in-built glass sunroof sub-segment occupies the leading market share. Pop-up, tilt and slide, panoramic, top-mount, foldable, and removable sunroofs are the most commonly available varieties. Solar sunroofs are the new entrant and the energy from the photovoltaic cells of the solar sunroofs are now being used to power the vehicle’s climate control systems.

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Technavio’s analysts forecast the global automotive sunroof market to grow at a CAGR of 11.22% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global automotive sunroof market for 2017-2021. To calculate the market size, the report considers the unit shipment of sunroofs in cars.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Automotive Sunroof Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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