What is Global Automotive Sunroof System Market?
The Global Automotive Sunroof System Market is a vast and dynamic sector that encompasses a wide range of products and services. It refers to the global market for sunroof systems used in automobiles, which are essentially panels on the roof of cars that can be opened or closed for light or ventilation. The market is driven by various factors such as technological advancements, increasing consumer preference for sunroof systems in cars, and the growing automotive industry worldwide. In 2023, the market was valued at a whopping US$ 6432 million and it's projected to almost double, reaching US$ 12960 million by 2030. This impressive growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period from 2024 to 2030.
Inbuilt Sunroof, Panoramic Sunroof, Spoiler Sunroof, Pop-up Sunroof in the Global Automotive Sunroof System Market:
The Global Automotive Sunroof System Market is segmented into various types based on their design and functionality. These include Inbuilt Sunroof, Panoramic Sunroof, Spoiler Sunroof, and Pop-up Sunroof. The Inbuilt Sunroof is a traditional type of sunroof that is completely integrated into the car roof and can slide between the metal roof and interior headliner. The Panoramic Sunroof, on the other hand, is a multi-panel system that covers the entire roof of the car, providing a larger opening than the standard sunroof. The Spoiler Sunroof is a hybrid type that combines the features of the pop-up and sliding sunroof, while the Pop-up Sunroof is a manually operated tilting panel. These different types of sunroofs cater to the diverse needs and preferences of consumers, contributing to the growth of the market.
Sedan, SUV, Other Vehicle in the Global Automotive Sunroof System Market:
The Global Automotive Sunroof System Market also varies based on the type of vehicle in which the sunroof systems are used. These include Sedan, SUV, and other types of vehicles. Sedans, which are typically luxury cars, often come with inbuilt or panoramic sunroofs to enhance the aesthetic appeal and comfort of the car. SUVs, on the other hand, may feature panoramic or spoiler sunroofs to provide a more spacious and airy feel inside the vehicle. Other types of vehicles, such as convertibles or sports cars, may also feature sunroof systems for added functionality and style. The use of sunroof systems in these different types of vehicles further expands the scope and reach of the market.
Global Automotive Sunroof System Market Outlook:
Looking at the market outlook for the Global Automotive Sunroof System Market, it's clear that the sector is set for significant growth. In 2023, the market was valued at US$ 6432 million. Fast forward to 2030, and this figure is expected to reach a staggering US$ 12960 million. This represents a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period from 2024 to 2030. It's also worth noting that the global top five manufacturers hold a share of over 80% in this market. This indicates a high level of market concentration, with a few key players dominating the industry.
| Report Metric | Details |
| Report Name | Automotive Sunroof System Market |
| Accounted market size in 2023 | US$ 6432 million |
| Forecasted market size in 2030 | US$ 12960 million |
| CAGR | 10.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Webasto, Inalfa, CIE Automotive, Yachiyo, Mobitech, Aisin Seiki, Johnan Manufacturing, Wanchao, DeFuLai, Wuxi Mingfang, Motiontec, Jincheng, Shenghua Wave |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
