Global Automotive Sunroof Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 4, 2018--The “Global Automotive Sunroof Market - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The market is projected to grow at a CAGR of 10.81% during the forecast period.
A recent study by Ford on the car-buying trends in 22 countries across Europe revealed that over 10% of the buyers preferred a car with a sunroof to a car without a sunroof. Having understood this recent trend, various automobile manufacturers are now offering either built-in or optional sunroof systems in mid or premium segment cars.
By material type, the global automotive sunroof market has been segmented into two segments, namely, glass and fabric. The glass segment is further segmented into pop-up type, built-in type, tilt n slide type, top-mount type, panoramic type, and solar type. Similarly, the fabric segment has been further segmented into two more sub-segments, namely, foldable and removable types. The market for the glass sunroof segment constituted over 70% of the overall sunroof market share. This is further expected to reach over 80% by 2025, owing to the latest innovations in the field of solar sunroofs for electric vehicles and panoramic sunroof segments.
By vehicle type, this market has been segmented into hatchback cars, sedan cars, premium cars, and others. Lately, the automotive vehicle production has been growing rapidly with a substantial increase in the global population and the rise in the number of households that possess a vehicle. The demand for sunroof systems, as an after-sales market, has witnessed a spike in popularity, especially among the younger population in the Asian countries. Furthermore, the trend of preferring a car with a sunroof rose to as high as 34% in 2016, which persuaded various manufacturers to employ sunroofs as a standard or an optional entity.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview and Trends
5. Market Dynamics
6. Automotive Sunroof Market, Segmentation by Material Type
7. Automotive Sunroof Market, Segmentation by Type
8. Automotive Sunroof Market, Segmentation by Vehicle Type
9. Automotive Sunroof Market, Segmentation by Geography
10. Competitive Landscape
11. Key Vendor Analysis
12. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/m8qglq/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180504005632/en/
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Related Topics:Automotive Body, Trim and Glass
INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 05/04/2018 12:15 PM/DISC: 05/04/2018 12:15 PM