Power Sunroof Market 2018 Global Growth, Size, Share, Trends Forecast To 2023. Global Power Sunroof Market by Material (Glass And Fabric), Sunroof Type (Top-Mount, Panoramic, Solar And Others), Vehicles (Sedan/Hatchback, SUV and others) and Region.

The key players of global power sunroof market include Webasto (U.S.), Inalfa Roof Systems (Netherlands), Inteva (U.S.), Magna International (Canada), Aisin Seiki (Japan). Nippon Sheet Glass Co., Ltd (Japan). Automotive Sunroof Company (Canada), Yachiyo Industry Company Ltd. (Japan) and Preh IMA Automation (PIA) Evansville (U.S.), BOS (Germany).    

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Global Power Sunroof Market Highlights:

The growing production of customized sunroof tracks is major trend gaining traction in the global automotive sunroof market. Manufacturers are introducing customized parts, which are designed and built using special machinery as per the customer requirements. Moreover, increasing consumer preference for use of alternative fuel vehicles persuaded automotive manufacturers to develop sunroofs with built-in solar cells that power the vehicles. Challenges associated with design and manufacturing glass sunroofs can hamper the structural integrity of the vehicle due to change in the center of gravity on account of increased weight on the rooftop.

Global automotive sunroof market is projected to grow at a CAGR of over 11% during the forecast period in terms of value backed by growing technological advancements and increasing demand of luxury cars. Moreover, the growing production of customized sunroof tracks is a major trend boosting the global automotive sunroof market. Hence, with a growing car production, the demand for sunroofs will simultaneously increase, among OEMs.

The new trends being witnessed are research and development initiatives being carried by automotive manufacturers with focus on advantageous locations for production and short-distance supply to reduce costs. Recently, in 2017, Inteva products receives international innovation award for structurally integrated panoramic sliding sunroof.

Power sunroof market is expected to be promising during the forecast period due to the major driving factors such focus on high-quality products, changing lifestyle of consumers and rising spending power. Automotive companies including passenger cars manufacturers are constantly trying to emphasize more on innovation for their product offering so as to enhance the efficiency in automotive sector.

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