Market Outlook:

The anticipated global automotive sunroof market size is poised to reach USD 13.16 Billion by 2024, with a projected escalation to USD 35.65 Billion by 2032, reflecting a compound annual growth rate (CAGR) of 12.4% during the forecast period. 

A car sunroof is an opening in the top of the car that lets fresh air and light enter the car. It increases passenger luxury by providing better air quality and offers better brightness and illumination during the day. Sunroofs are translucent or opaque panels that can be in different sizes, shapes, and models liable on the type of car and can be functioned manually or electrically. Currently, original equipment manufacturers (OEMs) are developing technologies for producing solar panels, including composite materials for the manufacture of solar lamps, so demand from the business. For example, Tesla expanded the glass roof concept with "total solar power". On cars like the Model 3 and Model Y, the "glass roof" provides a clear view of the surroundings as the glass extends beyond the rear frame.

Market Dynamics:

Driver:

The increased demand for safety, comfort, and beauty has led to the emergence of various functions such as installing solar panels that drive the growth of the automotive sunroof market. In India, Kia Seltos and Hyundai parts recently arrived with solar power. Consumer demand for solar power in India has driven manufacturers to use solar power even in the hatchback segment as there is greater demand for comfort and convenience. For example, AGC Automotive has developed glass technologies that reduce noise, increase thermal comfort, and provide happiness in the summer months. In addition, the development of technology eliminates fog or drops from the windows, improves visibility in all weather conditions, provides better lighting, and thus improves the occupants of the vehicle. For instance, in 2021 Webasto Group developed a roof sensor module to create the future of autonomous driving with camera, radar, and lidar technology to detect problems, road users, and hazards in all weather conditions. 

Restraint:

The rise in the high cost of the sunroof hinders the growth of the automotive sunroof market. Particularly the panoramic variety and sunroofs increase a car's cost and complexity. This may increase the price tag and turn off shoppers on a tight budget. To maintain stiffness, sunroofs especially panoramic ones that span a significant amount of the roof need extra structural reinforcement in the car's frame. Due to the increased complexity of the manufacturing process, sunroofs are costlier to produce than a typical steel roof. Tempered glass, is more expensive than normal glass but stronger and safer, and is usually used for panoramic sunroofs. Moreover, compared to a straightforward metal roof, the sunroof mechanism itself, with its motors, tracks, and drainage systems, needs extra materials. When assembling an automobile, installing a sunroof requires more work than installing a regular roof.

Opportunity:

The increasing demand for the premium attire of cars creates a lucrative opportunity for the growth of the automotive sunroof market. Sunroofs are still thought to be a necessary feature, particularly on exclusive and luxurious cars. Manufacturers may use this link with expensive cars as a selling point. Inside the car, sunroofs especially panoramic ones create an impression of more openness and space. The cabin feels roomier and more opulent because of the natural light pouring in. Buyers seeking a more luxurious driving experience may find this particularly enticing. Sunroofs were traditionally considered an upscale feature for automobiles. This connotation of luxury has endured despite the increasing prevalence of sunroofs. A car's perceived worth can increase and it can appear more unique with a sunroof.

Challenge:

Rollover safety concerns are raised by the bigger size of panoramic sunroofs, and leaks might harm an automobile's electrical system. With a car that has a panoramic sunroof, a bigger percentage of the roof must be composed of glass, which is weaker than steel by nature. This may give rise to concerns about how well the roof will hold up structurally in the event of a rollover collision. Although tempered glass is used in sunroofs for strength, there is concern that in a serious rollover, the glass may break or even come away from the frame, increasing the possibility of passenger damage. 

Key Players

• Moog (US)
• Kadant (US)
• Columbus McKinnon (US)
• Spinner GmbH (Germany)
• Dynamic Sealing Technologies (US)
• Deublin Company (US)
• Pasternack (US)
• Moflon Technology (Germany)
• Rototech (US)
• BGB Innovation (US)
• Inalfa Roof Systems (Netherlands)
• Webasto Group (Germany)
• Others

Recent Development

• In March 2021, Inalfa Roof Systems announced that it will provide solar panels for the Great Wall Motors V61.

• In June 2021, Webasto launched a beautiful sliding panoramic sunroof for the new Mercedes-Benz S-Class. Two roof modules allow the driver and the car's rear passenger to determine their needs individually and independently.

Segment Insights:

By Material Type 

Based on material type, the market is divided into glass and fabric segments. With the greatest market share in 2023, the glass category is expected to rise exponentially throughout the forecast period. Technological developments and material breakthroughs, like better sunroof glazing that has lessened concerns about overhead safety and glass that may reflect UV rays, are responsible for the segment's robust expansion. Glass sunroofs can reduce the amount of energy used by an automobile's air conditioning system as they improve internal air circulation and let natural light into the vehicle. However, with sales of convertible cars likely to plunge, the market for fabric sunroofs is anticipated to shrink over the projection period. 

By Vehicle Class

The market has been split into three segments based on vehicle class: luxury, medium-priced, and economical. Throughout the projected period, the luxury sector is anticipated to have the greatest CAGR. The market for luxury cars has increased globally due to the number of luxury vehicle options, expanding customers' disposable incomes, and changing consumer tastes concerning car amenities. The growing need for comfortable and convenient amenities in cars is another factor adding to the segment's expansion. In terms of volume and value, the economical segment is predicted to hold the biggest share worldwide. In terms of volume and value, the economical segment is predicted to hold the biggest share worldwide. This market has grown as a result of consumers' active desire to buy technologically superior cars due to factors like population growth, urbanization, and improved economic situations in many nations.

Regional Insights:

The Asia Pacific market is distinguished by the population's growing financial resources and a growing need for luxury automobiles in emerging nations like China and India. To meet the rising demand for their products, manufacturers have been making significant investments to expand their domestic manufacturing capabilities in this area. Moreover, the demand for in-vehicle sunroofs has been boosted by government measures that promote the use of electric vehicles and increase the number of mass-segment cars that provide sunroofs as an extra option. Asia Pacific is expected to dominate the worldwide market due to these factors. The second-largest market share for vehicle sunroofs is anticipated to be held by Europe. The presence of top manufacturers in the premium vehicle category, including Mercedes-Benz, BMW, Audi, and others, as well as rising passenger car sales despite strict emission rules, are propelling the market expansion in this area. This market is anticipated to grow steadily in North America, with the United States holding the greatest share. The region has established itself as a consistent contributor to this industry due to the early adoption of comfort-oriented features and high sales of Sports Utility Vehicles (SUVs).

Segmentation:

By Material Type 

• Fabric
• Glass 

By Vehicle Class 

• Economical
• Medium Priced
• Luxury 

By Vehicle Type

• Passenger Car
• Compact Car
• Mid-Sized Car
• Luxury Car
• SUVs

By Sunroof Type

• Folding,
• Panoramic,
• Pop-Up, 
• In-Built

By Sales Channel

• OEM
• Aftermarket

By Region

North America

• USA

• Canada

• Mexico

Europe

• France

• UK

• Spain

• Germany

• Italy

• Rest of Europe

Asia Pacific

• China

• Japan

• India

• South Korea

• Rest of Asia Pacific

Middle East & Africa

• GCC

• South Africa

• Rest of the Middle East & Africa

South America

• Brazil

• Argentina

• Rest of South America

What to Expect from Vehicle Type Profile?

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Automotive Sunroof market in the world.

2. Use PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Automotive Sunroof market.

3. Leading company profiles reveal details of key Automotive Sunroof market players’ global operations, strategies, financial performance & recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Automotive Sunroof market with forecast for the decade by both market share (%) & revenue (USD Million).

FAQ’s

1) What are the major factors driving the growth of the Global Automotive Sunroof Market?

• The increased demand for safety, comfort, and beauty has led to the emergence of various functions such as installing solar panels that drive the growth of the automotive sunroof market.  

2) What would be the CAGR of the Global Automotive Sunroof Market over the forecast period?

• The Global Automotive Sunroof Market is poised to grow at a CAGR of 12.4% from 2024 to 2032.

3) Which region will provide more business opportunities for the growth of the Global Automotive Sunroof Market in the future?

• The Asia Pacific region is expected to create more opportunities in the market.

4) Who are the major players dominating the Global Automotive Sunroof Market?

• Moog (US), Kadant (US), Columbus McKinnon (US), Spinner GmbH (Germany), Dynamic Sealing Technologies (US), Deublin Company (US), Pasternack (US), Moflon Technology (Germany), Rototech (US), BGB Innovation (US), Inalfa Roof Systems (Netherlands), Webasto Group (Germany), Others.

5) What are the segments in the Global Automotive Sunroof Market?

• By Material Type, By Vehicle Class, By Vehicle Type, By Sunroof Type, and By Sales Channel are the industry key segments considered for the research study.

6) What is the estimated market revenue for Global Automotive Sunroof Market in 2032?

The estimated revenue for the Global Automotive Sunroof Market in 2032 is USD 35.65 billion in 2032.