Power Sunroof Market to grow at 11% CAGR by 2018 to 2023, according to “Global Power Sunroof Market Size, Share, Trends, Growth and Regional Forecast Industry Report” published by Market Research Future. This report comprises comprehensive information on Power Sunroof Market Forecast data up to 2023, with historic and current market information. Power Sunroof Industry analysis done by Material (Glass And Fabric), By Sunroof Type (Top-Mount, Panoramic, Solar And Others), By Vehicles (Sedan/Hatchback, SUV and others) and Region.
Global Power Sunroof Market Highlights:
There are various factors responsible for the growth of the power sunroof market which includes increasing population, the demand for vehicles, leading to an increase in the production of automobiles. Substantial developments in component materials combined with increasing number of factory installed sunroofs are estimated to positively impact the market demand.
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Power Sunroof Market Key Companies Studied in this report are:
Webasto (U.S.), Inalfa Roof Systems (Netherlands), Inteva (U.S.), Magna International (Canada), Aisin Seiki (Japan). Nippon Sheet Glass Co., Ltd (Japan). Automotive Sunroof Company (Canada), Yachiyo Industry Company Ltd. (Japan) and Preh IMA Automation (PIA) Evansville (U.S.), BOS (Germany)
The growing production of customized sunroof tracks is major trend gaining traction in the global automotive sunroof market. Manufacturers are introducing customized parts, which are designed and built using special machinery as per the customer requirements. Moreover, increasing consumer preference for use of alternative fuel vehicles persuaded automotive manufacturers to develop sunroofs with built-in solar cells that power the vehicles. Challenges associated with design and manufacturing glass sunroofs can hamper the structural integrity of the vehicle due to change in the center of gravity because of increased weight on the rooftop.
Power sunroof market is expected to be promising during the forecast period due to the major driving factors such focus on high-quality products, changing lifestyle of consumers and rising spending power. Automotive companies including passenger cars manufacturers are constantly trying to emphasize more on innovation for their product offering to enhance the efficiency in automotive sector.
Market Segments Analysis:
The global Power Sunroof market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Material: Comprises Glass And Fabric.
Segmentation by Sunroof Type: Comprises Top-Mount, Panoramic, Solar And Others.
Segmentation by Vehicles: Comprises Sedan/Hatchback, SUV and others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World. Currently, Europe dominates the sunroof market throughout the forecast period, followed by North America. Panoramic sunroof is the fastest growing segment, which will dominate the market in the forecast period. Asia-Pacific is expected to see significant growth as large demand and production of automobiles.
This is primarily due to development of automotive manufacturing industries in economies such as Japan and South Korea and the continued strong support for solar sunroofs. Automotive vehicle production has been growing rapidly with a substantial increase in global population and vehicle owning capacity. The demand for sunroof witnessed a spike in popularity, especially among the younger population in Asian countries. These factors have been greatly influenced by the use of sunroof systems and the developments in them, which in turn have propelled the market, globally.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued…
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