About Power Sunroof
Increasing preference of car sunroof is driving the market growth. A sunroof is a movable panel which uncovers the roof of automobile to allow light or air to enter. These are operated manually or through motor to open or close. It comes with different shapes, size and styles. The control of power sunroof is installed at the dashboard or at the center console. It comes with various features such as anti-trap detection. Further, the roof systems are installed aftermarket or original equipment by a roof installation professionals.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The players are focusing on developing the products and innovations. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Asia Pacific Vendors will contribute the maximum growth to Global Power Sunroof market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Webasto (Germany), Inalfa Roof Systems (Netherlands), Inteva (United States), Magna International (United States), Nippon Sheet Glass Co., (Japan), Automotive sunroof company (Canada), Aisin Seiki (Japan), CIE Automotive (Spain), Yachiyo Industry (Japan) and Johnan Manufacturing (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Automotive Sunroof-Customcraft (ASC) Inc. (Canada), Preh IMA Automation Evansville (United States) and Bos Automotive products (United States).
Segmentation Overview
AMA Research has segmented the market of Global Power Sunroof market by and Region.
On the basis of geography, the market of Power Sunroof has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Control, the sub-segment i.e. Manual will boost the Power Sunroof market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. OEM will boost the Power Sunroof market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle type, the sub-segment i.e. Hatchback will boost the Power Sunroof market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material type, the sub-segment i.e. Glass will boost the Power Sunroof market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sunroof type, the sub-segment i.e. Pop up will boost the Power Sunroof market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Developments in Component Materials
Market Growth Drivers:
Rising popularity of sunroof among the people is fuelling the market. The individuals are preferring the smart features in automobile due to the rising disposable income. Moreover, increase in population is leading to rising production of automobile is contributing to the market growth.
Challenges:
Complexities Involved In Manufacturing of Sunroofs
Opportunities:
Growing Number of Factory Installed Sunroofs are Positively Impacting the Market and Introduction of Customised Parts by Manufacturers
Market Leaders and their expansionary development strategies
In August 2020- SunRoof, a manufacturing solar roof company acquired Redlogger, a renewable energy supporting software company. This technological combination will create a robust and unique platform to sell the surplus energy generated by SunRoof solar cells. and Additionally, In June 2018, Webasto acquired Aero Vironment which is an electric vehicle charging and test systems business. This acquisition helps the company to accelerate the global development of the charging business.
In February 2022, Apple announced the new technology used in its upcoming cars. Apple used patented a new sunroof technology for its upcoming car. Technology will give driver’s the ability to control the transparency, meaning one can allow sunlight into the car without opening the sunroof.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.