The
automotive sunroof allows fresh air and natural sunlight inside the vehicle
cabin. It improves the aesthetic appeal of vehicles and offers a comfortable
ride experience to passengers. Major automakers are integrating advanced power
sunroofs with tilt and slide features along with one-touch open-close functions
in their luxury and premium vehicle models. In addition, growing disposable
incomes and changing consumer preference towards enhanced in-cabin experience
are some of the key factors driving the demand for vehicles equipped with
advanced sunroof systems across the global market.

The global
automotive sunroof market is estimated to be valued at US$ 13048.63 Bn  or Mn in
2023 and is expected to exhibit a CAGR
of 8.4% over the forecast period 2024 to 2031, as highlighted in a new
report published by Coherent Market Insights.



Market Dynamics:

Growing demand for comfortable and luxury cars owing to increasing spending
power and changing lifestyle preferences among consumers is a major driver
fueling the sales of premium vehicles equipped with advanced sunroof systems
globally. According to statistics, luxury cars sales in emerging economies such
as India, China, and Brazil witnessed double-digit growth rates in the past few
years. In addition, key automakers are focusing on catering to this demand by
integrating innovative sunroof technologies to enhance the driving experience
for passengers. For instance, Mercedes-Benz's Magic Sky Control offers an
electro-chromic glass panel that changes from light to dark at the press of a
button. Similarly, Tesla's panoramic glass roof provides an unobstructed view
of the outdoors during sunny days. Such product innovations are supporting the
market growth over the forecast period.



SWOT Analysis

Strength: The automotive sunroof market offers convenience and comfort to
vehicle owners. Sunroofs allow natural light into the vehicle interior and feel
more spacious. They enhance the overall aesthetic appeal of vehicles.
Manufacturers integrate advanced technologies like power slide and lift
functions, moonroofs, and customizable sunshade options.



Weakness: Sunroofs add to the overall cost of the vehicle. Additional weight
from a sunroof marginally reduces fuel efficiency. The mechanisms can
malfunction if not properly maintained. Leakages are also possible if seals
wear out over time.



Opportunity: With rising disposable incomes, customers are willing to pay extra
for added conveniences. More automakers offer sunroofs as standard or optional
features across their model lineups. The aftermarket for retrofitting sunroofs
also presents business opportunities. Governments promoting green mobility may
incentivize designs improving interior air quality and sustainability.



Threats: Trade wars and supply chain disruptions impact raw material prices and
availability. Stringent emission norms push for lighter vehicles, posing design
challenges. Electric vehicles prioritize cabin space over sunroofs. Changing
weather patterns amid climate change bring uncertainties around consumer
preferences.



Key Takeaways

Global
Automotive Sunroof Market Size is expected to witness high growth.

Regional
analysis: Asia Pacific dominates the market currently due to high vehicle
production hubs in China, India, and Japan. Rapid urbanization and rising
living standards drive aftermarket retrofits. Europe is another major market
with well-established automakers integrating innovative technologies.



Key players operating in the automotive sunroof market are Acome, Aricent Inc,
Agilent Technologies, AISIN AW Co Ltd, Analog Devices, Broadcom, Bosch, Daimler
AG, Freescale, Harman, NXP, Renault SA, Renesas, Visteon, Wurth Elektronik,
Yazaki Corporation.

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