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Glass protec safety glass - PowerPoint PPT Presentation

Increased Demand for Premium Segment Vehicles to Drive the Demand for Power Sunroof

The power sunroof market is projected to grow at a CAGR of 10.81% from 2017 to 2025, to reach a market size of USD 11.60 Billion by 2025 from 5.10 Billion in 2017. The major factors driving the growth of the power sunroof market are the growing need to control light inside vehicle, growing demands for premium vehicles, and also greater glass surface area in automobiles.

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Innovations in Glass Technology to Drive the Power Sunroof Market

Sedan and hatchback cars have been grouped together in the study of power sunroof market. This vehicle segment is the most promising market for power sunroof as it is the largest segment in the automotive industry and also because the sunroofs are mostly used in these vehicles to provide a stylish look. The automakers provide power sunroof as standard or optional equipment based on which the price of vehicle increases or decreases. For example, in India, all models of Mercedes-Benz, ranging from the A-class to the Maybach, provide a sunroof in at least one of its variant, barring the E-Cabriolet and AMG G63.

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Glass protec safety glass - PowerPoint PPT Presentation

Increased Demand for Premium Segment Vehicles to Drive the Demand for Power Sunroof

Innovations in Glass Technology to Drive the Power Sunroof Market