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Automotive Sunroof Market Share, Size, Key Players, Research and Forecasts to 2024 | Hexa Research
“The worldwide automotive sunroof market was valued at around USD 4.70 billion in 2014. The industry is expected to grow at nearly 10% CAGR and surpass USD 9 billion from 2016 to 2024 (forecast period). ”
The worldwide automotive sunroof market was valued at around USD 4.70 billion in 2014. The industry is expected to grow at nearly 10% CAGR and surpass USD 9 billion from 2016 to 2024 (forecast period). The use of smart glass in vehicles is anticipated to impel industry growth in the coming years. Rising vehicle owners and worldwide population have contributed to added market sales. Growing popularity of automotive sunroofs has also contributed to overall demand. Furthermore, the after-sales trend in the Asia Pacific region has furthered market growth. Significantly rising population & vehicle owners have furthered the global Automotive Sunroof Market. The need for sunroof after-sales services has also added to the growth. The after-sales service trend is particularly observed in the upcoming nations of the Asia Pacific region. The trend of owning vehicles with sunroofs has contributed to the progress of the industry. Any type of vehicle, whether new or old, can be fitted with this type of roofing system. Consumers expect more comfort in their cars, with such a roofing system. They opt for sunroofs & other luxurious features for their economy-class vehicles. Around half of all new cars sold will be fitted with sunroof systems in the years to come. These would include convertibles, full glass sliding, and retractab le hardtops. Alternate fuel vehicles may encourage car manufacturers to make ‘built-in solar cell’ sunroofs,
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