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Automotive Inbuilt Sunroof Market to Perceive Substantial Growth during 2031 By ajinkya
January 14, 2022
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Automotive In-built Sunroof Market: Increasing spending capacity of the consumer and rising sales of electric, hybrid, and internal combustion (IC) engine vehicles across the globe are expected to boost the automotive in-built sunroof market during the forecast period
Automotive in-built sunroof is a kind of glass panel that is used on the roof of vehicles which, once opened, allows air and light to enter inside the vehicle cabin. The in-built sunroof is attached to the skin of a vehicle and it needs to be flush inside when opened. This sunroof needs a water management system, i.e. drain tubes and catch tray, which prevents water from entering the vehicle. The in-built sunroof is available in two shades: transparent and tented color. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample. php?flag=B&rep_id=83679 Key Drivers of Automotive In-built Sunroof Market The production capacity of passenger and commercial vehicles is increasing across the globe due to rising urbanization in developing countries, growing infrastructural development, and increase in consumer spending capacity. This rising vehicle production is boosting the adoption of in-built sunroof in the cars, buses, and other vehicles. The in-built sunroofs are widely used in vehicles, as they have a perfect fitting as compared to other sunroofs. Moreover, purchasing capacity of customers in developing countries is rising, which in turn is boosting the year-on-year rate of adoption of sunroof in cars. Furthermore, the adoption of premium and luxury cars in also increasing in developed countries, which already has sunroof integrated in their vehicles. This is one of the major factors that fuels the automotive in-built sunroof market. Governments are investing significantly to develop roads and transportation, which is increasing on-road vehicles in highly populated countries and subsequently propelling the demand for inbuilt sunroofs. Moreover, the adoption of in-built sunroof is increasing in the cold countries due lack of sunlight. Hence, the inbuilt sunroof helps absorb light in vehicles, which benefits the
passengers and driver and consequently, augments the automotive in-built sunroof market. Challenges in Automotive In-built Sunroof Market Integration of in-built sunroof in the vehicle is expensive, as the vehicle roof needs to be cut in between the upper metal and the interior of the vehicle. This may lead to leakage and wear of the interior, which hampers the aftermarket segment. Moreover, the maintenance cost associated with in-built sunroof is considerably high, especially when its motor or glass is broken, which further restrains the market. The COVID-19 pandemic caused vehicle manufacturing processes to shut down and decline in automotive sales, which hindered the demand for in-built sunroof. Moreover, disruption of global supply chains led to shortage of raw material that is used for sunroof production, which in turn hampered the demand for in-built sunroof. Furthermore, the COVID-19 pandemic also hampered the aftermarket segment of the in-built sunroof market. Opportunities in Automotive In-built Sunroof Market The sunroof in an electric vehicle is highlighted as an additional feature, or USP, for customers. Moreover, increasing government incentives and investments by private organizations for the development and production of electric vehicles is expected to propel the in-built sunroof market during the forecast period. For instance, in 2020, the Government of India has stated new tax incentives to boost sales of electric vehicles, and the government has reduced the tax to 17.16% from 21.55%. Similarly, governments across Europe have also introduced green recovery incentive, which is used to boost electric vehicles sales. Hence, such government incentives offer significant opportunity for the automotive in-built sunroof market.
The trend of sunroof vehicles is widely followed by consumers in developing countries. Consequently, consumers are externally installing automotive in-built sunroof in their vehicles, which in turn is projected to propel the in-built sunroof market in the near future. Moreover, the rising sunroof trend is also boosting the demand for in-built sunroof in the aftermarket segment. Automotive In-built Sunroof Market in Asia Pacific to Expand Significantly Popularity of automotive in-built sunroof is increasing in Asia Pacific, due to rising sales of passenger cars, SUVs, and luxury cars in the region and high presence of domestic and international automotive and its part manufacturers. Production of vehicles, especially passenger cars is increasing in China and India, due to rising population, growing urbanization, and rising government investments for infrastructural development in the region. This rising vehicle production in Asia Pacific further augments the automotive in-built sunroof market. Additionally, demand for premium and electric vehicles is increasing in Asia Pacific, which in turn is projected to further propel the in-built sunroof market in the next few years. Furthermore, China is home to several domestic and international electric vehicle and component manufacturing companies that focus on the deployment of electric vehicle charging stations, which fuels the use of electric vehicle in the country and subsequently, propel the in-built sunroof market. Key Players Operating in Automotive In-built Sunroof Market The automotive in-built sunroof market is highly consolidated. A few of the key players operating in the global automotive in-built sunroof market are: CIE Automotive
Summit Sound & Security, Ltd. Webasto Roof Systems, Inc. Auto Sound Company, Inc. Inalfa Roof Systems Group B.V. Johnan America, Inc. Aisin Seiki Co., Ltd. Yachiyo Industry Co., Ltd. BOS GmbH & Co. KG Inteva Products, LLC. Global Automotive In-built Sunroof Market: Research Scope Global Automotive In-built Sunroof Market, by Material Glass Fabric Global Automotive In-built Sunroof Market, by Operation Manually Operated Automatic Global Automotive In-built Sunroof Market, by Vehicle Type Electric Vehicles Passenger Vehicle Hatchback Sedan Utility Vehicles Light Commercial Vehicle Trucks
Buses and Coaches Global Automotive In-built Sunroof Market, by Sales Channel OEMs Aftermarket Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=83679&ltype=S About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial! Contact Rohit Bhisey Transparency Market Research USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Blog: https://tmrblog.com/
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