The automotive sunroof market comprises sunroofs installed in passenger cars and light commercial vehicles to provide natural light and fresh air inside the vehicle. Sunroofs enhance the aesthetics of the vehicle and offer an airy feel to occupants. Technological advancements have led to the development of innovative sunroof varieties such as pop-up sunroofs, panoramic sunroofs, and sliding sunroofs. There is increasing demand for built-in sunroofs over removable sunroofs due to improved designs and ease of use.

The global automotive sunroof market is estimated to be valued at US$ 13048.63 Bn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the automotive sunroof market are Acome, Aricent Inc, Agilent Technologies, AISIN AW Co Ltd, Analog Devices, Broadcom, Bosch, Daimler AG, Freescale, Harman, NXP, Renault SA, Renesas, Visteon, Wurth Elektronik, Yazaki Corporation. Key players are focusing on developing advanced sunroofs using advanced materials to reduce weight and improve functionality.

The Automotive Sunroof Market Demand for luxury and premium vehicles globally is expected to drive the automotive sunroof market during the forecast period. Consumers inclination towards an open-air driving experience is influencing OEMs to offer sunroofs as a standard fitment even in entry-level models.

Technological advancements such as the development of lightweight composite sunroofs, panoramic sunroofs, and sliding sunroof systems controlled via switch panels and smartphones have improved functionality. Automakers are also focusing on designing based on consumer behavior and preferences for different sunroof styles to appeal to a wide target base.

Market Trends

The growing popularity of panoramic sunroofs is a key trend in the automotive sunroof market. Panoramic sunroofs offer occupants with a wider open feel and natural light. Major automakers have introduced luxury vehicles equipped with large panoramic sunroofs.

The increasing demand for removable and retractable smart Automotive Sunroof Market Trends. Key players are focusing on designing removable smart sunroofs that can be operated via smartphones. The removable function offers flexibility of use while the smart connectivity enhances convenience.

Market Opportunities

The increasing demand for electric vehicles provides opportunities for innovative designs of sunroofs tailored for EVs. Players can focus on developing lightweight composite sunroofs optimized for electric vehicles.

The aftermarket sales of sunroofs also presents opportunities for growth. Players can leverage the growing do-it-yourself (DIY) culture and online sales to boost aftermarket sunroof system sales. Customizable and easily installable aftermarket sunroof kits targeted at hobbyists offer scope for growth.

Impact of COVID-19 on Automotive Sunroof Market

The COVID-19 pandemic has significantly impacted the growth of the automotive sunroof market. With extended lockdowns and restrictions imposed across major markets, vehicle sales witnessed a sharp decline during 2020. Factory shutdowns and supply chain disruptions led to reduced production volumes. This had negative repercussions on sunroof system installation and integration within new vehicle models. However, with mass vaccination drives and the reopening of economies in 2021, the automotive industry has started recovering gradually.

While the initial months were challenging due to weak demand and lack of output, auto makers are now focusing on making up for lost sales. Pent-up demand and preference for personal mobility are driving a revival. Many customers are also looking for open-air driving experience and enhanced user convenience offered by sunroofs. OEMs are responding by enhancing their product portfolio with more upgraded variants featuring sunroof technology. Aftermarket retrofit sunroof installation has also gained traction as individuals customize their existing vehicles. Governments across major nations are supporting industry recovery through incentives and stimulus packages. If the positive trend sustains, the automotive sunroof market is anticipated to get back on the growth trajectory by 2022.

In terms of concentration of value, North America holds a significant share of the global automotive sunroof market currently. With high vehicle ownership and increasing consumer acceptance, countries like the United States and Canada contribute substantially to regional market revenue. Another lucrative geographic region is Europe, led by Germany, France, and the UK. OEMs based in these nations have been incorporating sunroofs as standard or optional features across diverse vehicle segments for decades, cementing Europe's position as an early technology adopter.

In terms of fastest growth, Asia Pacific region, especially China, is projected to witness strongexpansion in the automotive sunroof market over the coming years. Rising standards of living, growing middle-class population with higher disposable incomes, and increasing automotive production are major growth influencers. China has emerged as the largest automobile manufacturer globally and is significantly ramping up new model offerings integrated with advanced comfort technologies like power sunroofs. This makes Asia Pacific an investment priority for sunroof manufacturers targeting future market opportunities.

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