Automotive Global Automotive Solar Sunroof Market | Page 2
“Automotive Solar Sunroof Market: Global Historical
Growth (2012-2016) & Future Outlook (2017-2024)
Demand Analysis & Opportunity Evaluation”
The global automotive solar sunroof market is segmented into vehicle type
such as passenger car, commercial vehicle, electric vehicles and others.
Among these segments, electric vehicles segment is believed to seize a
notable CAGR during the forecast period. Likely, high adoption rate of
electric vehicles on the back of environmental concerns and supportive
government initiatives are projected to foster the growth of global
automotive solar sunroof market. In addition to this, growing demand for
renewable source of energy to power vehicles is also predicted to propel the
market of automotive solar sunroof.
Global Automotive Solar Sunroof Market is expected to mask a
significant CAGR over the forecast period. Additionally, the market is
riding on the back of rapid urbanization along with swift technological
advancement in automotive industry. .Moreover, the global automotive
solar sunroof market is anticipated to generate noteworthy revenue by the
end of 2024.
In terms of regional platform, Europe region accounted for the biggest
market of automotive solar sunroof in 2016 aided by Western Europe
countries such as Germany, U.K. and others. The growth of Europe region
is attributed to vast expansion of automotive sector and rising demand for
eco-friendly energy sources. Apart from this, Asia-Pacific region is the
fastest growing market of automotive solar sunroof due to presence of
biggest automotive industry. Moreover, rising fuel prices is also boosting
the growth of automotive solar sunroof market.
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Mounting Government Rules and Regulations
Growing government rules and legislations to limit the greenhouse gases
across the globe is predicted to foster the growth of automotive solar
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