Automotive Sunroof Market Trends, Major Competitor and Strategies, Regional Outlook and Supply Forecasts to 2025 “Some of the driving factors of the market include the need to manage light inside the vehicle and wider glass surface area in vehicles like larger sunroofs. These factors are expected to boost automotive sunroof market with a CAGR of 6.9% in the coming years.”
The global automotive sunroof market crossed 6.2 billion in 2016 and is expected to grow considerably by 2025 with increasing consumers demand for luxury cars. Automotive sunroof is the roof opening in 4-wheelers just like one with coverable metal panel. Consumers mainly look for comparatively higher comfort for their cars than before. Presently, the air-conditioning and sunroofs are no more high-class components of modern luxury cars. With the growing competitive market, the vehicle manufacturers are making use of sunroofs and other equipment to build innovative designs. Some of the driving factors of the market include the need to manage light inside the vehicle and wider glass surface area in vehicles like larger sunroofs. These factors are expected to boost automotive sunroof market with a CAGR of 6.9% in the coming years. Technological advancements in the vehicle industry such as installation of automotive sunroof is a major reason behind the increased comfort, safety and visually appealing features by customers. The sunroofs help the vehicle to get better air circulation along with improved lighting and brightness while daytime. This automatically increases the passengers’ comfort level inside the car. Currently, numerous manufacturers have begun using smart glasses, which takes care of the security issue. A smart glass is light in weight, raises the vehicle’s fuel efficiency, offer improved control on heat and light emission and lowers the use of (HVAC) heating ventilation and air conditioning unit to maintain the inner vehicle’s temperature. OEMs like Audi, Mercedes-Benz, BMW are successively using smart glass for the sunroof in their vehicles. This is expected to lead the market with positive development in the coming years.
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