Home > Automotive > Automotive Sunroof Market
Automotive Sunroof Market size surpassed USD 18.4 billion in 2020 and is projected to grow at 9.7% CAGR from 2021 to 2027. Increasing passenger vehicle sales in conjunction with rising per capita income and consumer spending toward effective ventilation & brighter vehicle interiors to enhance the overall driving experience will positively influence the industry demand.
To understand key trends  
Download Free Sample
The introduction of new vehicle models with sunroofs as a basic feature will induce significant growth potential. In 2019, Kia introduced Seltos with a sunroof to enhance the passenger experience. The vehicle not only provides a natural condition but also enhances the vehicle’s aesthetics.
Report Attribute | Details |
---|---|
Base Year: | 2020 |
Automotive Sunroof Market Size in 2020: | USD 18.43 Billion |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 9.7% |
2027 Value Projection: | USD 34.21 Billion |
Historical Data for: | 2017 to 2020 |
No. of Pages: | 215 |
Tables, Charts & Figures: | 303 |
Segments covered: | Material, Product, Operation, Distribution Channel and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
To understand market opportunities  
Download Free Sample
Technological advancements in sunroof materials to enhance safety, aesthetics, performance, and reduce failure is likely to drive automotive sunroof demand. This is because the installation of certain heavy glasses in the sunroof mechanism on the rooftop of a vehicle leads to disruption in the center of gravity, compromising structural integrity and vehicle stability. Thereby, ongoing design upgrades and material advancements to reduce weight & provide stability is boosting the industry growth.
Glass sunroof products dominate automotive sunroof market and is predicted to account for more than 90% share in 2027. Easy availability of raw materials and conventional processing of tempered or laminated glass is augmenting the market revenue. Superior energy efficiency and effective insulation properties of glass along with low maintenance compared to traditional counterparts make it a suitable choice as sunroofs in the industry. Furthermore, the advancements in glass technology offer superior protection from ultraviolet rays coupled with increasing sales of premium & luxury vehicles in developing nations and rising demand for electric & hybrid vehicles globally will fuel the glass sunroof market growth.
Panoramic sunroofs segment is set to generate around USD 10 billion by 2027 on account of the product’s ability to provide superior ventilation. Several vehicle manufacturers provide vehicles with panoramic sunroofs to enhance ventilation. For instance, in 2020, Hyundai launched the Tucson variant with panoramic sunroofs. Industry participants are reducing the product weight to meet emission constraints. In 2017, Inteva introduced panoramic sunroofs with a 10% weight reduction. Thereby, superior ventilation and product upgrades with sun protective films will enhance the segment penetration.
The rising implementation of pop-up sunroof systems by automobile manufacturers for better aesthetics is another key growth-enabling factor. Vehicle manufacturers are upgrading their vehicles with advanced aesthetic features to attract a larger consumer base.
Automatic segment dominates the automotive sunroof market and is estimated to witness above 9.5% CAGR through 2027with rising demand for easily operable automobile systems. The product provides operation with minimal driver hindrance and can be operated by remote or any electrical system induced in a vehicle. Additional integrated safety systems in the sunroofs also allow the detection of an object or rain through sensors, which will largely fuel its growth. Companies are strengthening their manufacturing capabilities to gain a competitive advantage.
To understand key market trends  
Download Free Sample
In 2020, OEM segment accounted for over USD 17.5 billion and is poised to continue its dominance led by a wide distribution network. The provision of safety, enhanced durability and superior service with reduced maintenance are the key factors boosting demand. Moreover, consumer propensity toward product quality, reliability, and cost-effective after-sales services is likely to foster demand. Increasing automobile production is another prominent factor fueling the OEM automotive sunroof market expansion.
To understand key market trends  
Download Free Sample
Europe leads automotive sunroof market size with around 40% revenue share by 2027 propelled by high adoption of luxury and high-end vehicles. According to the European Automobile Manufacturers Association (ACEA), in 2019, Lexus sales increased by about 10% compared to 2018. Industry players across the region are adopting acquisition strategies to strengthen their regional presence.
New mergers and acquisitions will impact the market growth. For instance, in 2018, CIE automotive acquired the Inteva roof system for USD 755 million. However, ongoing innovations to increase the implementation of sunroofs across different categorizes of vehicles coupled with increasing passenger car demand & consumer preference for SUVs will proliferate the regional market revenue by 2027.
Automotive sunroof market participants are constantly focusing on geographic expansion, joint venture, and merger & acquisition strategies to attain a competitive edge in the industry. For instance, in June 2019, Webasto SE sunroof systems announced its plans to expand its existing plant in Michigan, U.S. This USD 40 million expansion aims to enhance its engineering and testing capabilities in its sunroof product catalog.
The key industry participants include:
Click here to Buy Section of this Report
Market, By Material
Market, By Product
Market, By Operation
Market, By Distribution Channel
The above information is provided on a regional and country basis for the following: