Home > Automotive > Automotive Parts > Exterior Parts > 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.
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: |
|
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.