Automotive sunroof market is anticipated to grow at a significant CAGR of 9.4% during the forecast period. One of the crucial factors that are fuelling the market is the growing technology and its demands. Technology has been growing exponentially over the years, and in the past few years, competitiveness in the market has fuelled it a lot to attract customers. Market players in the vehicle industries, which were once given only basic features, are offering sunroofs in most of the vehicles to stay in the competition. For instance, in September 2020, Tata launched its new variant of Nexon, Nexon XM, with the sunroof which became the most affordable SUV with a sunroof at the time of launch.
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The COVID-19 pandemic had impacted most industries owing to the contagiousness of the virus. This led most of the governments to implement the nationwide lockdown to spread the virus. This restricted most of the industries’ productions including automotive sunroofs. For instance, as per the 2020 annual report of the Webasto SE, sales of the company reduced to $3,734.4 million which was $4,187 million in 2019. But as the situation became normal the company’s sales grew exponentially. As per the company’s report in May 2021, the first quarter of 2021 was the strongest in comparison to the previous five years’ sales.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Sunroof Market Report Segment
By Type
- Built-In
- Tilt & Slide
- Panoramic
By Material Type
- Glass
- Fabric
By Vehicle Type
- Hatchback
- Sedan
- Sports Utility Vehicle (SUV)
Global Automotive Sunroof Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive sunroof market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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