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Automotive Sunroof Market Share, Size, Key Players, Research
and Forecasts to 2024 | Hexa Research
“ automotive sunroof market is expected to grow at nearly 10% CAGR and
surpass USD 9 billion from 2016 to 2024.”
3 December 2018
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.
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 retractable
hardtops. Alternate fuel vehicles may encourage car manufacturers to make ‘built-in solar cell’ sunroofs,
powering vehicles. Technological developments in solar roofs for EVs (Electric Vehicles) can propel the global
Automotive Sunroof Market in the forecast period.
The Automotive Sunroof Market is divided into applications, products, and geographies. Products include
fabric and glass. It is expected that the glass segment may continue to dominate the global market from 2016
to 2024. Glass is further divided into pop-up, inbuilt, spoiler or tilt & slide, top mount, and panoramic. The
panoramic or the vista roof segment can grow at a CAGR exceeding 15% in the forthcoming years. Greater
preference for bigger sunroofs contributes to its demand.
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