Growing demand for premium vehicles are driving the growth of the power sunroof market.
Glass Material A high growth potential market
The global power sunroof market, by material type, is expected to be dominated by glass, followed by fabric. The glass type sunroofs are mostly preferred by consumers since they offer better transparency, along with an open and spacious atmosphere. The sunroof manufacturers have also started working on glass technology to reduce fuel consumption and to reduce carbon emissions of vehicles. The lightweight technology from Webasto features polycarbonate components in which roof panels are made up of Glass ProTec safety glass and roof elements are made up of lightweight PU composite with a paper honeycomb core. This safety glass is a glass–plastic composite, which allows for weight savings of 10–15% over conventional laminated safety glass. The use of glass in vehicles has increased as it allows a laminating glazing side and does not pose any security issues. It is also lightweight and thus increases the fuel efficiency of vehicles.
Sedan/hatchback Promising vehicle segments for power sunroof manufacturers
Sedan and hatchback cars have been grouped together in the study of power sunroof market. This vehicle segment is the most promising market for power sunroof as it is the largest segment in the automotive industry and also because the sunroofs are mostly used in these vehicles to provide a stylish look. The automakers provide power sunroof as standard or optional equipment based on which the price of vehicle increases or decreases. For example, in India, all models of Mercedes-Benz, ranging from the A-class to the Maybach, provide a sunroof in at least one of its variant, barring the E-Cabriolet and AMG G63.
The power sunroof market is dominated by a few global players. Some of the key manufacturers operating in the market are Webasto (US), Inalfa Roof Systems (Netherlands), Inteva (US), Magna International (Canada), and Aisin Seiki (Japan).
The research methodology used in the report involves primary and secondary sources. Secondary sources include associations such as International Organization of Motor Vehicle Manufacturers (OICA), Emission Controls Manufacturers Association (ECMA), European Automobile Manufacturers Association (ACEA), Environmental Protection Agency (EPA), and International Council on Clean Transportation (ICCT) and paid databases and directories such as Factiva and Bloomberg. In the primary research stage, experts from related industries, manufacturers, and suppliers have been interviewed to understand the present situation and future trends in the market for power sunroof. The power sunroof market, in terms of volume (thousand units) and value (USD million), has been derived from forecasting techniques based on vehicle production and power sunroof penetration.
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