Power Sunroof Market Industry Analysis and Forecast (2024 -2030) Trends, Statistics, Dynamics, Segmentation by Material Type, Vehicle, and Region

  • Global Power Sunroof Market size was valued at USD 5.17 Bn. in 2023 and the total Power Sunroof Materials revenue is expected to grow by 7.3 % from 2024 to 2030, reaching nearly USD 8.46 Bn.

  • Format : PDF | Report ID : SMR_1373

Global Power Sunroof Market Overview

Power Sunroof is a mobile panel that opens to uncover a window in an automobile roof, allowing light and fresh air to enter the passenger compartment. Sunroofs are manually operated or motor driven, and are available in many shapes, sizes, and styles. While the term sunroof is now used commonly to define any glass panel in the roof, the term moonroof was historically used to describe stationary glass panes strictly mounted in the roof panel over the passenger compartment. A moonroof has a glass panel that is transparent and usually tinted. Previous terms include Sunshine Roof, Sliding Head, and Sliding Roof. Sunroofs are either transparent or non-transparent panels that are manually or electrically operated, and are available in many sizes, shapes, and styles depending on the Material Type of car. The original equipment manufacturers are rising advanced technologies to manufacture sunroofs, including composite materials for developing lightweight sunroof solutions, thus increasing their demand in the Global Power Sunroof Market. The COVID-19 pandemic has hit the business world with unparalleled scale and speed. It has caused the closures of the Global Power Sunroof Market, factory outputs, and disruption to global manufacturing industries & their supply networks.

 

Tesla expanded its fixed glass roof concept by having an all-glass roof in vehicles such as the Model 3 and Model Y, enabling even greater perceptibility of the surrounding environment as the glass extends beyond the rear pillar. Owing to increasing adoption in medium segment vehicles by indigenous OEMs, the volume growth of panoramic sunroofs has dominated in emerging markets such as APAC countries and Latin America. The key factors that drive the growth of the global automotive sunroof market are an innovation in glass technology and the increase in demand for safety, comfort, and convenience features, which increase the growth of the Global Power Sunroof Market during the forecast period. The high integration & maintenance costs and low penetration of power sunroofs in low-segment vehicles hamper the Global Power Sunroof Market growth. The increasing penetration of solar sunroofs in electric vehicles and surging sales of vehicles are anticipated to create plenty of opportunities for the Global Power Sunroof Market growth during the forecast period.

Power Sunroof Market

 

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Global Power Sunroof Market Dynamics

Rise in the Demand for Safety, Comfort, and Convenience Features

 

The increase in demand for safety, comfort, and aesthetic features has led to several technological advancements in vehicles, such as installing sunroofs that allow better air circulation. In India, Kia Seltos and recently Hyundai Venue are the ones to sport the sunroof. The demand for sunroofs by the Indian audience has pushed the Global Power Sunroof Market to provide the sunroof even in the sedan segment, with the greater need for comfort & convenience features. For example, AGC Automotive developed glazing technologies that reduce noise and increase thermal comfort in summer to deliver a pleasant experience. An increase in advanced technologies to remove fog or frost from the windows enhances visibility in all weather conditions with better illumination, subsequently increasing the passengers' comfort level inside. Increased safety, comfort level, and convenient features in the upcoming models are expected to drive the Global Power Sunroof Market .

 

Balancing Innovation and Accessibility

 

The Global Power Sunroof Market is making strides in providing better safety, comfort, and aesthetic features in vehicles. The challenge lies in ensuring that these features are affordable and accessible to a wider audience, It affects on Global Power Sunroof Market growth. The increased use of technology in Sports cars leads to higher maintenance costs and probable safety risks if not applied properly. It's critical to balance innovation with practicality to ensure that these features are not just a luxury for the wealthy but a requirement for everyone.

 

Driving Growth in the Sunroof Industry: Striking a Balance Between Affordability and Quality

 

The cost of a powered sunroof is high, there is an opportunity for the Global Power Sunroof Market to make these features more accessible to a wider audience. By investing in research and development, automakers find ways to make these features more affordable without compromising on quality. There is an opportunity to educate consumers on the benefits of these features, such as improved air circulation and better visibility, which help increase demand and adoption rates. By striking a balance between affordability and quality, the Global Power Sunroof Market tap into a new market segment and drive growth in the Global Power Sunroof Market.

 

Global Power Sunroof Market Segment Analysis

Based on  Material Type, The  Glass material segment dominates the Global Power Sunroof  Market in the year 2023 and is expected to do the same during the forecast period. Glass Material has the largest market share in 2023. The sunroof glass manufacturers use various attributes with technological advancements that help create multiple Material Types of glasses, such as tempered glass, laminated glass, and green glass, which can protect from ultraviolet rays. Installing sunroofs provides better air circulation than vehicles without sunroofs. Sunroofs equipped with glazing technology lower noise and improve thermal comfort during the summer. Tesla expanded its fixed glass roof concept by having an all-glass roof in vehicles such as the Model 3 and Model Y, enabling even greater visibility of the surrounding environment as the glass extends beyond the rear pillar.

 

Power Sunroof Market

 

Based on the Vehicle, The  Sport utility segment dominates the Global Power Sunroof  Market in the year 2023 and is expected to do the same during the forecast period. Most Sports cars has a sunroof, and some even has both a moonroof and sunroof in India in the higher-end variants. Tata Hexa and Honda WR-V models offer the cheapest sunroof that does not match the features of advanced sunroof compared to SUVs or luxurious vehicles. It increases the Global Power Sunroof Market growth during the forecast period.

 

Global Power Sunroof  Market Regional Insights

The Asia Pacific is expected to hold the largest share in the Global Power Sunroof  Market and is expected to maintain dominance during the forecast period owing to increasing production and sales of vehicles in this region. Group expanded its business with the inauguration of its new roof plant and battery center in Jiaxing (Zhejiang Province) close to Shanghai to strengthen the core business of roofs in China. Thus, the constant support & funding from various governments for the development of solar roof technology & infrastructure are expected to create lucrative growth opportunities for the automotive solar sunroof market in the EV segment. Europe is expected to hold the second-largest position in the Global Power Sunroof market. Growing demand for Sports cars and increasing sunroof demand for the Sunroof  Market in this region. North America is expected to show good growth in the market amid the increasing adoption of sunroofs.

 

Global Power Sunroof Market 

Market Size in 2023

USD  5.17 Bn.

Market Size in 2030

USD  8.46 Bn.

CAGR (2024-2030)

7.3 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By  Material Type

 

  • Fabric
  • Glass

By   Vehicle

  • Sedan
  • Sport Utility

 

Global Power Sunroof Market by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)

North America (United States, Canada, and Mexico)

Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)

Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A)

South America (Brazil, Argentina Rest of South America)

 

Global Power Sunroof Market Key Players

  1. Aisin Seiki Co., Ltd.
  2. Auto Sound Company, Inc
  3. Automotive Sunroof Company
  4. Automotive Sunroof-Customcraft (ASC) Inc
  5. Automotive Sunroof-Customcraft Inc.
  6. BOS GmbH & Co. KG
  7. CIE Automotive
  8. Corning Inc
  9. IBG / Goeke Technology Group
  10. Inalfa Roof Systems
  11. International Sunroofs B.V.
  12. Inteva Products, LLC
  13. Johnan Manufacturing Inc.
  14. Magna International Inc.
  15. Meritor Inc.
  16. Nippon Sheet Glass Co., Ltd,
  17. Preh IMA Automation (PIA) Evansville
  18. Signature Automotive Products, LLC
  19. Webasto Roofsystems India Pvt Ltd
  20. Yachiyo Industry Co Ltd


Frequently Asked Questions

The segments covered in the Global Power Sunroof Market report are based on Material Type, Vehicle, and Region.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Global Power Sunroof Market: Target Audience
    • Global Power Sunroof Market: Primary Research (As per Client Requirement)
    • Global Power Sunroof Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Market Share Analysis by Region in 2023(%)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • South America
    • Stellar Competition matrix
    • Key Players Benchmarking
      • Key Players Benchmarking by Product, Pricing, Market Share, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry
      • M&A by Region, Value, and Strategic Intent
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Market Challenges
      • PESTLE Analysis
      • PORTERS Five Force Analysis
      • Value Chain Analysis
  1. Global Power Sunroof Market Segmentation
    • Global Power Sunroof Market, by Material Type(2023-2030)
      • Fabric
      • Glass
    • Global Power Sunroof Market, by Vehicle(2023-2030)
      • Sedan
      • Sport Utility
  1. North America Power Sunroof Market Segmentation
    • North America Power Sunroof Market, by Material Type (2023-2030)
      • Fabric
      • Glass
    • North America Power Sunroof Market by Vehicle (2023-2030)
      • Sedan
      • Sport Utility
    • North America Power Sunroof Market, by Country (2023-2030)
      • United States
      • Canada
      • Mexico
  1. Europe Power Sunroof Market Segmentation
    • Europe Power Sunroof Market, by Material Type (2023-2030)
    • Europe Power Sunroof Market, by Vehicle (2023-2030)
    • Europe Power Sunroof Market, by Country (2023-2030)
  2. Asia Pacific Power Sunroof Market Segmentation
    • Asia Pacific Power Sunroof Market, by Material Type (2023-2030)
    • Asia Pacific Power Sunroof Market, by Vehicle (2023-2030)
    • Asia Pacific Power Sunroof Market, by Country (2023-2030)
  3. Middle Power Sunroof Market Segmentation
    • Middle East and Africa Power Sunroof Market, by Material Type (2023-2030)
    • Middle East and Africa Power Sunroof Market, by Vehicle (2023-2030)
    • Middle East and Africa Power Sunroof Market, by Country (2023-2030)
  4. South America Power Sunroof Market Segmentation
    • South America Power Sunroof Market, by Material Type (2023-2030)
    • South America Power Sunroof Market, by Vehicle (2023-2030)
    • South America Power Sunroof Market, by Country (2023-2030)
  5. Company Profiles
    • Key Players
      • Aisin Seiki Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • Auto Sound Company, Inc
      • Automotive Sunroof Company
      • Automotive Sunroof-Customcraft (ASC) Inc
      • Automotive Sunroof-Customcraft Inc.
      • BOS GmbH & Co. KG
      • CIE Automotive
      • Corning Inc
      • IBG / Goeke Technology Group
      • Inalfa Roof Systems
      • International Sunroofs B.V.
      • Inteva Products, LLC
      • Johnan Manufacturing Inc.
      • Magna International Inc.
      • Meritor Inc.
      • Nippon Sheet Glass Co., Ltd,
      • Preh IMA Automation (PIA) Evansville
      • Signature Automotive Products, LLC
      • Webasto Roofsystems India Pvt Ltd
      • Yachiyo Industry Co Ltd
  1. Key Findings
  2. Recommendations

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