Automotive Sunroof Market Size, Share, Growth, Trends and Forecast 2022, Business Opportunities & Future Investments
Date: 2018-09-19   Author: Ronak Bora  Category: #market

Automotive Sunroof Market Size, Share, Growth, Trends and Forecast 2022, Business Opportunities & Future Investments

Automotive sunroof market size is estimated to be valued at USD 9.76 billion by 2022; as per a new research report by Global Market Insights, Inc. Innovation in component materials coupled with rising number of factory-installed sunroofs is expected to drive industry demand over the forecast period. In addition, increased aftermarket demand is also anticipated to fuel growth.
 
Surging use of these products by automotive manufacturers in concept cars to make the interiors look luxurious is predicted to boost demand over the forecast period. Escalating consumers? preference for vehicles equipped with larger sunroof is expected to propel panoramic sunroof market growth over the next few years.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/152

 
Inbuilt automotive sunroof market accounted for majority of the overall revenue in 2014, since these are a popular factory installed variant. Commonly known as moonroofs, inbuilt models are expected to grow at a CAGR of over 7% from 2015 to 2022.
 
High cost and regular maintenance are estimated to pose a challenge to the automotive sunroof market size. As these systems have drains and holes, it may cause clogging and leakage of water into the car. Hence, regular maintenance is required and thus involves high maintenance cost.
 
Growing alternative fuel vehicle segment is likely to drive the demand for solar roofs, which is expected to present a growth opportunity to key industry participants.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/152

Key insights from the report include:
Glass sunroof market size accounted for majority of the overall share in 2014. The segment is expected to continue dominating demand over the forecast period. OEMs look to achieve high product quality and passenger safety amid growing product complexity, such as the use of toughened glazing with ceramic coating. There exist design challenges in glass sunroofs, since increased weight on the top changes the center of gravity, and companies need to meet stringent safety standards on roof crush.
 
Europe automotive sunroof market share was valued at USD 1.69 billion in 2014; it is expected to grow at a CAGR of 9.4% from 2015 to 2022 on account of considerable presence of luxury vehicles in the region. The UK and Germany are the key contributors to this growth.
 
Asia Pacific aftermarket automotive sunroof  market demand is on the increase, driven by growing consumer preference to install these products and enhancing the overall aesthetic appeal of the vehicle.



About Author


Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

...

Read More

More from Ronak


Post Recommendents

Unexpanded Perlite Market By Application 2018 to 2024 - Slag Coagulant, Sandblasting, Agriculture, Casting Sand & Mixtures
Author: Rahul Varpe

The qualitative research study conducted by Global Market Insights, Inc. titled “Unexpanded Perlite Market” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after...


Medical Ultrasonic Baths Market Set to Register robust CAGR During 2019-2025
Author: Partha Ray

Market Study Report added new report “Global Medical Ultrasonic Baths Market analysis 2019-2025†The report focuses on global major leading industry players with information such as company profiles, end users/applications, product and s...


Quartz Tubing Market Growing at Steady CAGR to 2025
Author: Partha Ray

A new research document with title Global Quartz Tubing Market Report covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe and Asia-Pacifi...