Panoramic Sunroof Market Growth and Trends
Panoramic sunroofs find their application in several automobiles including the SUVs, sedans and hatchback. The demand for SUVs is increasing owing to its comfort, convenience and safety, which is expected to surge the sunroof market in turn. The incorporation of sunroofs, which was earlier optional, has now become a part of the standard model thus, increasing the sales of such vehicles. Improved technologies with automation in the sunroofs, and smart glass sunroofs have fueled the requirement of panoramic sunroofs in multiple countries. Smart glass sunroofs are gaining popularity as they elevate the fuel efficiency of the vehicle by lowering the use of HVAC units and provides controlled heat and light emissions. Such glasses tend to block the sunlight providing an added protection from the otherwise harmful ultra violet rays. This technology alone will bring in 10% growth in the panoramic sunroof market. In addition, these sunroofs provide an appealing aesthetic to the vehicle making it more attractive thus, causing an upsurge in its demand. The need to own premium luxury cars is backed up by the provisions of low interest rates on loans and widely improving technologies. The ongoing research about sunroof airbags has added a point to the safety aspect. Along with these, the scope of use of solar cells in the sunroofs will make the product ecofriendly and aid in faster charging of battery and maintain the overall temperature of the vehicle.
Panaromic Sunroof Market shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.
Panoramic Sunroof Industry Regional Analysis
Asia Pacific is expected to dominate the market in the coming years owing to the need of premium cars in the widely developing nations such as China, Japan and India. The European market owed to a major portion of market expansion due to the presence of key players in the automobile sector in this region. The availability of a larger area for development and high rate of investments in research of new technology makes the region very lucrative.The maintenance cost of the vehicle and its average weight increases subsequently. The expense for installation of these sunroofs is high and can affect the market by limiting the consumer audience.
Panoramic Sunroof Market Research Report Scope/Definition
For the purpose of this market research report, a panoramic sunroof is defined as a large sunroof used to cover the entire roof of a car, which is able to open and let in light and some fresh air. This roof is significantly larger than traditional sunroofs and is either clear or tinted. Panoramic sunroof provides natural air conditioning, It provides the vehicle with an enhanced sense of openness, You can cool down the car with no wind noise, the design of the panoramic sunroof ensures it is easy to check on any loads that are transported, can serve as emergency escape routes in certain instances, some extra sunshine while driving can be acquired, and also better reception can be attained from opened panoramic sunroof. Factors such as improved innovation in glass technology and rising demand for safety, comfort, and convenience are propelling the demand for the panoramic sunroof. Additionally, the rise of solar sunroof technology in electric vehicles and rising sales of automotive vehicles are proving to be key forces to drive the market further.
Panoramic Sunroof Market Share and Competition
Key companies operating in this industry are: CIE Automotive, Yachiyo Industry Co., Ltd., Inalfa Roof Systems Group B.V., Inteva Products, Johnan America Inc., Webasto Thermo & Comfort, Aisin Seiki Co., Ltd.
Panoramic Sunroof Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Vehicle Type Analysis (Revenue, USD Million, 2022 - 2031)
• Gasoline Powered Vehicle
• Sport Utility vehicle (SUV)
• Electric Powered Vehicle
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Vehicle (PHEV)
Material Type Analysis (Revenue, USD Million, 2022 - 2031)
• Tilt & slide
• Panoramic sunroof
• Solar sunroof
• Pop-up sunroof
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Panoramic Sunroof Industry Companies
• CIE Automotive
• Yachiyo Industry Co., Ltd.
• Inalfa Roof Systems Group B.V.
• Inteva Products
• Johnan America Inc.
• Webasto Thermo & Comfort
• Aisin Seiki Co., Ltd.
Available Versions of Panoramic Sunroof Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
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