Industry Background:
The automotive sunroof is a part of the automotive roof system. It is the movable panel which is operated by either manually or electronically to have an opening in the vehicle's roof. Sunroof allows light and fresh air to enter inside the passenger compartment. Also, it ensures efficient ventilation inside the vehicle thus it improves the interior climate and reduces the draught. Further, it is either transparent or non-transparent panel that are manually operated or motor driven varying from vehicle to vehicle. The adoption of smart technology is a major driver factor the boosting the growth of marketThis growth is primarily driven by Increasing vehicle production and sales across the globe
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Dominating Type | Panoramic |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Auto Parts & Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Aisin Seiki Co., Ltd. (Japan), Inalfa Roof Systems Group B.V. (Netherlands), Webasto Roof Systems, Inc. (Germany), Inteva Products, LLC (United States), Yachiyo Industry Co., Ltd. (Japan), BOS GmbH & Co. KG (Germany), Magna International, Inc (Canada), Johnan America, Inc. (United States), Mitsuba Corporation (Japan) and NSG Pilkington Group (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2023 Gabriel India partners with Inalfa to manufacture sunroofs for PV. Auto parts manufacturer Anand Group said its Gabriel India has entered into a technical collaboration with Netherlands-based Inalfa Roof Systems to manufacture sunroofs for passenger vehicles.
The players are exploring the market in new regions by adopting mergers & acquisitions, expansions, new product launches, and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions worldwide to avail a competitive advantage through combined synergies
Influencing Trend:
Advancement in sunroof systems and introduction of solar sunroofs
Market Growth Drivers:
Increasing vehicle production and sales across the globe and Rise in demand for safety, comfort and convenience features
Challenges:
High cost of integration and safety concerns
Restraints:
High integration and maintenance cost and Low penetration of power sunroof in low segment vehicles
Opportunities:
Innovation in glass technology and Increasing penetration of solar sunroof in electric vehicles worldwide
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automotive Sunroof Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automotive Sunroof Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automotive Sunroof players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automotive Sunroof Study Sheds Light on
The Automotive Sunroof Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Sunroof industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Sunroof industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.