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ncreased Demand for Premium Segment Vehicles to Drive the Demand for 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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ncreased Demand for Premium Segment Vehicles to Drive the Demand for Power Sunroof Market

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  1. Increased Demand for Premium Segment Vehicles to Drive the Demand for Power Sunroof Market The report "Power Sunroof Market by Material (Glass and Fabric), Glass Type (Inbuilt, Spoiler/Tilt & Slide, Top-Mount, Panoramic, and Solar), Vehicle (Sedan/Hatchback, SUV), EV (BEV, HEV, FCEV, and PHEV), Fabric, and Region - Global Forecast to 2025", 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. Browse 86 Market Data Tables and 45 Figures spread through 138 Pages and in-depth TOC on "Power Sunroof Market by Material (Glass and Fabric), Glass Type (Inbuilt, Spoiler/Tilt & Slide, Top-Mount, Panoramic, and Solar), Vehicle (Sedan/Hatchback, SUV), EV (BEV, HEV, FCEV, and PHEV), Fabric, and Region - Global Forecast to 2025" https://www.marketsandmarkets.com/Market-Reports/power-sunroof-market-107520708.html Early buyers will receive 10% customization on reports. Glass Material A high growth potential market The global power sunroof market, by material type, is expected to be dominated by glass, followed by fabric. The glass type sunroofs are mostly preferred by consumers since they offer better transparency, along with an open and spacious atmosphere. The sunroof manufacturers have also started working on glass technology to reduce fuel consumption and to reduce carbon emissions of vehicles. The lightweight technology from Webasto features polycarbonate components in which roof panels are made up of Glass ProTec safety glass and roof elements are made up of lightweight PU composite with a paper honeycomb core. This safety glass is a glass–plastic composite, which allows for weight savings of 10–15% over conventional laminated safety glass. The use of glass in vehicles has increased as it allows a laminating glazing side and does not pose any security issues. It is also lightweight and thus increases the fuel efficiency of vehicles. Sedan/hatchback Promising vehicle segments for power sunroof manufacturers 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. The power sunroof market is projected to grow at a CAGR of 10.81% during the forecast period and is projected to reach USD 11.60 Billion by 2025. The market growth of power sunroof can be attributed by

  2. growing need to control light inside vehicle, growing demand for premium vehicles, and greater glass surface area in automobiles. Additionally, advancements in glass technology and increasing consumer preference toward power sunroof in developing nations are further boosting the demand for power sunroof market globally. Glass is estimated to be the leading segment by material type, in terms of both volume and value, because of technological advancements in glass, innovations in the solar sunroof segment, and increasing demand for panoramic sunroof. The panoramic sunroof segment of the power sunroof market is expected to witness the highest growth during the forecast period as it allows passengers in both the front and rear seats to enjoy the fresh air and sunlight and also filter out ultraviolet rays and reduce heat load, lowering the demand for air-conditioning systems. Read more about Power sunroof market Europe: Largest market for power sunroof Europe is estimated to account for the largest share, by value and volume, of the power sunroof market in 2017. In terms of growth, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Developing economies such as China and India are expected to play a major role on the backdrop of increasing vehicle production. Also, increasing installation of power sunroof in vehicles such as Sedan/Hatchbacks and SUVs has boosted the demand for the power sunroof in the Asia Pacific region. The report profiles all major players in the power sunroof market, including Webasto (US), Inalfa Roof Systems (Netherlands), Inteva (US), Magna International (Canada), and Aisin Seiki (Japan). The report also covers a comprehensive study of the key vendors operating in the power sunroof market. The evaluation of these vendors has been done by considering various factors such as product development, R&D expenditure, business strategies, and product revenue. Speak your query to our analyst about Power sunroof market About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies,

  3. innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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