Sunroof Market is set to grow at highest compound annual growth rate by forecast period of 2018 to 2023. Sunroof market for automotive has been witnessing steady growth over a period of time. 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.
Sunroof Company Market Information:
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). In-depth analysis including SWOT analysis, and strategy information of related to report title. Competitive landscape including emerging trends adopted by major companies.
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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.
One of the most iconic style choices for cars of all recent trends is that of the sunroof. A car sunroof is an opening on top of a car roof which allows light or fresh air to enter the interior. Sunroofs may be manually or automatically operated according to the type of car. They come in different shapes, sizes and styles and act as extra accessory and not as a standard one. The global power sunroof market is a very dynamic market and is expected to witness high growth over the forecast period. The development of new and diversified technologies is creating exciting opportunities within the automotive industry.
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.
- Manufacturer, Distributer & Supplier companies
- End Users
- Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
- Product matrix which gives a detailed comparison of the market for different recycled product types
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Power sunroof market has been catered across different geographical regions namely North America, Europe, Asia Pacific, Middle-East and Africa. Europe is expected to dominate the power sunroof market during the forecast period followed by North America and Asia Pacific. In Europe, there has been increase in demand for luxury vehicles. The increased demand of luxury vehicles will result in growing installation of power sunroof in the vehicles. Panoramic sunroof is the fastest growing segment, which will dominate the market in the forecasted period. In Europe, Germany is expected to dominate the market during the forecast period due to increase i9n demand for sunroof in the vehicles. North America is expected to be the second largest market due to increase in production of passenger cars. In North America, U.S. is expected to dominate the market in future. Asia Pacific is expected to grow at highest CAGR due to growing demand for passenger cars. There has been increase production of vehicles, development of automotive manufacturing industries in economies such as Japan and South Korea continued their strong support of solar sunroof. This will result in the growth of the market in future.
Major Table of Content:
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Vehicle Typology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Customer
4.1.3 Intensity of Competitor
4.1.4 Threat of New Entrants
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