Automotive Sunroofs Market : Industry Insights, Outlook and Forecast upto 2024
The global automotive sunroof market is currently being driven by the rising consumer demand for safety and comfort. Increasing disposable incomes are allowing a greater number of consumers to afford high-end luxury cars, while technological advancements in architecture and materials is allowing lower range cars to be optionally fitted with quality sunroofs. Both factors are likely to provide a substantial impetus to the global automotive sunroof market over the coming years. The overall global automotive sunroof market was calculated at US$4.3 bn in 2015 and is projected to reach US$11.4 bn by the end of 2024, after expanding at a CAGR of 11.5% within a forecast period from 2016 to 2024. Obtain Report Details @ http://www.transparencymarketresearch.com/automotive-sunroofs-market.html The automotive sunroofs market across the globe is currently driven by its exceptionally high volume of demand in the European region. Glass sunroofs are adopted in approximately 60% of the vehicles using sunroof systems in Europe. Asia Pacific occupies the second position in terms of demand in the global automotive sunroof market, after Europe. A majority of the car buyers as well as manufacturers treat sunroofs as an after-sales market in Asia Pacific, allowing a massive scope of entry for all levels of players in this region. The complementing growth of the automobile sector in Asia Pacific is expected to further drive the market for sunroofs in India, China, and Japan. Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17465 Based on material types, in terms of revenue, the global automotive sunroofs market was primarily driven by glass sunroofs with the leading market share in 2015 and is also expected to hold the top market share over the forecast share.
Leading players operating in the global automotive sunroofs market so far, have included Aisin Seiki Co. Ltd. (Japan), Inalfa Roof Systems Group B.V. (Netherlands), Inteva Products, LLC. (Troy), Webasto SE. (Germany), and Valmet Automotive (Finland). About Us Transparency Market Research (TMR) is a 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. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com