(MENAFN- Ameliorate Digital Consultancy)
Rising automotive sales and growing consumer preference for vehicles with improved aesthetics & advanced features will fuel automotive sunroof market outlook. Consumers have also been exhibiting preference for improved glass technologies like scratch resistant and toughened unbreakable glass which will help automotive sunroof industry size to expand. According to the latest research report by Global Market Insights Inc., automotive sunroof market share is anticipated to record valuation of $40 billion by 2025.
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How will research and development activities by automobile manufacturers augment automotive sunroof market trends?
Automotive sunroof industry players have been continuously investing in research and development activities for developing advanced safety features for sunroofs and expanding annual revenue share. For example, in 2017, Hyundai Mobis introduced a panoramic sunroof airbag system which provides enhanced protection to driver and passengers in accident. Such advanced systems being developed by market players will boost global automotive sunroof market size.
What will be the impact of growing electric vehicles sales on automotive sunroof market share?
Growth in sales of electric vehicles has been potentially backing automobile OEMs to integrate recharging capabilities and solar panels in sunroofs. Installation of such equipment aims to improve vehicle driving range and decrease charging time considerably. In addition, superior protection from UV rays and suitable glass tinting will further accelerate automotive sunroof industry size over 2019-2025.
How will glass sunroof segment influence automotive sunroof industry size over the coming years?
Automotive sunroof market forecast report has predicted that glass sunroof segment is expected to register substantial growth over the coming years. The growth can be accredited to the availability of a wide range of glass sunroofs at diverse price range. Furthermore, easy accessibility to tempered and laminated glass with exceptional UV protection and potential to maintain an optimum car interior temperature will further expand glass sunroof segment share. Thus, enhancement of automotive sunroof industry trends will be significantly contributed to by glass sunroof segment growth.
What will be the contribution of panoramic sunroofs in growth of automotive sunroof market share?
Automotive sunroof industry from panoramic sunroofs has been anticipated to account for a considerable volume share by 2025. The segmental growth can be attributed to the growing adoption of such sunroofs in high-end and premium models. The bigger sunroof size and premium experience in vehicles will enhance automotive sunroof market outlook. Automobile OEMs have been introducing new models with panoramic sunroofs to increase their sales statistics. For example, in April 2019, MG Motors has reportedly announced Hector SUV which has the largest panoramic sunroof in its segment. The launch of such automobiles with advanced and larger panoramic sunroofs will expand automotive sunroof industry size.
What will be the role of OEMs in the global automotive sunroof market size growth?
OEMs are going to account for majority of the overall revenue share in automotive sunroof industry share over the forecast timeline. The segmental growth can be attributed to the intensifying focus of automakers for introducing and upgrading present vehicles with sunroofs. Also, enhancing trends of integrating high end aspirational features in lower and mid segment automobiles will surge automotive sunroof market share.
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Will Asia Pacific emerge as a major contender in automotive sunroof industry landscape?
Asia Pacific automotive sunroof market share is anticipated to account for a considerable revenue share over 2019-2025. The regional growth can be attributed to the presence of key automobile OEMs and sunroof manufacturers across the region. Also, multiple vehicles are available easily in the APAC region at diverse price range with luxurious and premium features. The favorable regional landscape is likely to propel automotive sunroof market size over the projected timeframe.
Partial Chapter of the Table of Content
Chapter 1 Methodology and Scope
1.1 Market definitions
1.2 Base estimation & working
1.2.1 North America
1.3 Forecast calculation
1.3.1 COVID-19 impact calculations on industry forecast
1.4 Data sources
220.127.116.11 Paid sources
18.104.22.168 Public sources
Chapter 2 Executive Summary
2.1 Automotive sunroof industry 3600 synopsis, 2017 – 2027
2.1.1 Business trends
2.1.2 Material trends
2.1.3 Product trends
2.1.4 Operation trends
2.1.5 Distribution channel trends
2.1.6 Regional trends
Chapter 3 Automotive Sunroof Industry Insights
3.1 Industry segmentation
3.2 Industry ecosystem analysis
3.2.1 Component Suppliers
3.2.3 Profit margin analysis
3.2.4 Distribution channel analysis
3.2.5 COVID-19 impact on industry value chain
3.2.6 Vendor matrix
3.3 Technology Landscape
3.4 Regulatory landscape
3.4.1 North America
3.4.3 Asia Pacific
3.4.4 Latin America
3.5 Pricing analysis (including COVID-19 impact)
3.5.1 By region
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
3.5.2 Cost structure analysis
3.6 Industry impact forces
3.6.1 Growth drivers
184.108.40.206 Technological advancement eliminating bottlenecks
220.127.116.11 Rising demand for small and midsize SUV's
18.104.22.168 Rising implementation in economical range of cars in Asia Pacific
22.214.171.124 Proliferation of passenger car production in Brazil along with increased car rental services
126.96.36.199 Rising presence of major players across MEA region
3.6.2 Industry pitfalls & challenges
188.8.131.52 Greater dimensions of sunroof increases curb weight
3.7 Innovation & sustainability
3.8 Growth potential analysis, 2020
3.9 Competitive landscape, 2020
3.9.1 Company market share
3.9.2 Key stakeholders
3.9.3 Strategy dashboard
3.10 Porter's analysis
3.11 PESTLE analysis
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