April 26, 2019: The global automotive sunroof market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the growing need for comfort features and luxury in cars. Additionally, increasing sales of vehicle across the globe is anticipated to boost the growth of automotive tinting film market in coming years. Globally, automotive sunroof market is predicted to generate massive revenue over the next five years, providing numerous opportunities for industry participants to invest in research and development of automotive sunroofs.
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Increasing demand of the luxury car such as SUVs, crossovers, and hatchbacks, which are fairly within the price range of growing higher middle-class, is contributing to the market growth in upcoming years. Other factors such as rising disposable income and constant need for enhancing passenger’s comfort and driver’s safety are influencing the growth of the market. Furthermore, rise in the production of cars due to the acceleration of world economy, is also encouraging the demand of the automotive sunroof systems over the past few years.
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Moreover, rapid industrialization, urbanization and ever-growing population is leading to the rise in standards of living and increasing disposable income, thus driving the demand for vehicles across the globe. Other factors such as increasing demand for luxurious passenger vehicles, particularly in developed economies and rise in per capita income are expected to drive the growth of automotive sunroof market over the forecast period.
Increasing adoption of various components such as covered release liner, epoxy resin, polyester papers, scratch resistance casing, shades, metal composites, and UV inhibitors, thus enhance durability, improves overall shelf life of the product, and performance of automotive sunroof, which in turn is expected to aid the market growth over the next five years.
Automotive sunroof market is broadly categorized into major segments based on the vehicle type such as premium & luxury-segment vehicles and mid-segment vehicles. Premium & luxury- vehicles segment is growing rapidly in market with substantial revenue generation in the last few years. Growing popularity of premium & luxury-segment vehicles segment is attributed to the higher supply and demand from Asia Pacific region.
Automotive sunroof market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in automotive sector, surge in number of research & development activities and existence of well-established infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in the automotive sunroof market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, robust market growth in automotive sector, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the automotive sunroof market are Webasto Group AG, Inalfa Roof Systems Group B.V., Inteva Products, LLC, Magna International, Inc., AISIN SEIKI Co., Ltd., Yachiyo Industry Co., Ltd., and CIE Automotive S.A.
Report contents include
– Analysis of the automotive sunroof market including revenues, future growth, market outlook
– Historical data and forecast
– Regional analysis including growth estimates
– Analyzes the end user markets including growth estimates.
– Profiles on automotive sunroof including products, sales/revenues, and market position
– Market structure, market drivers and restraints.
Key regions
– North America
– Europe
– Asia Pacific
– Middle East and Africa
– South America
Key Vendors
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Table of Contents
Part 1. Summary
Part 2. Report Methodology
2.1 Methodology
2.2 Data Source
2.3 Disclaimer
Part 3. Market Overview
3.1 General Information
3.2 Product Type
3.3 Application
3.4 Automotive Sunroof Status & Prospect
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To See More Reports of This Category by Radiant Insights:
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About Radiant Insights:Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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For more information, Visit: http://www.radiantinsights.com
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
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