Power Sunroof Market Size, Share, Growth, and Industry Analysis by Type (Built-in Sunroof, Sliding Sunroof, and Panoramic Sunroof), By Application (Car, SUV, and Other), Regional Insights, and Forecast From 2024 To 2032

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Power Sunroof Market Report Overview

The global power sunroof market size was valued at USD 6.74 billion in 2023 and is projected to grow from USD 7.3 billion in 2024 to USD 14.03 billion by 2032, exhibiting a CAGR of 8.4% during the forecast period. Asia-Pacific holds leading position in power sunroof market share in 2023.

A power sunroof allows air and light to pass into the vehicle. It is used to slide back or tilt up the sunroof. The device consists of electric control option, which is used to open-closed or tilted position on the vehicle roof. It enhances the beauty of the care and brings comfort level to passengers. They are often transparent or non-transparent.

Increasing demand for sunroofs among consumers is estimated to surge market growth. Growing demand for vehicle sales globally is predicted to propel market growth. Increasing demand for safety and convenient features in the automotive industry is projected to drive market growth. Rising advanced technologies in vehicles are predicted to propel product adoption. Increasing demand for optimum levels of sunlight and better visibility in vehicles is anticipated to accelerate market growth. Further, growing demand for luxury and premium vehicles is projected to drive market growth during the forecast period. Rising concern among consumers about an aesthetic and stylish vehicle is expected to surge market growth. Rapid industrialization and urbanization is anticpated to accelerate market growth.

COVID-19 Impact: Closure of Automotive Industry Due to Lockdown Hampered Market Expansion

The global COVID-19 pandemic has been unprecedented and staggering, with power sunroof experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Closure of automotive industry to restrict market growth. Continuous shutdown of manufacturing facilities hampered market growth. Government initiatives and national lockdown hampered market growth. The market witnessed supply and chain disruption. Halt in semiconductor sector impacted market growth during the pandemic. Ban on transportation restricted product demand and the lack of sales in vehicles restricted market growth.

On the contrary, post COVID-19 pandemic, market is expected to show positive growth due to increasing demand for automotive industry. Re opening of car showrooms and car manufacturing units is predicted to accelerate market growth. 

LATEST TRENDS

"Growing Demand for Panoramic Sunroof to Augment Market Growth"

Increasing demand for panoramic sunroofs is estimated to accelerate market growth. Increasing number of passengers’ demand for automotive sunroofs is predicted to accelerate market growth. Growing consumer inclination towards premium and luxury cars is projected to drive market growth. Increasing popularity of better visibility within the vehicles is anticipated to accelerate market growth during the forecast period. Increasing development in automotive industry is predicted to surge market growth during the forecast period. Increasing production of customized sunroof in the vehicles is anticipated to propel market growth. Latest innovation in manufacturing sunroofs is predicted to propel power sunroof market growth.

Power Sunroof Market Segmentation

• By Type

Based on type, the market is divided into built-in sunroof, sliding sunroof, and panoramic sunroof.

Built-in sunroof is expected to be the leading part of segmentation type.

• By Application

Based on the application, the market is divided into car, SUV, and others.

Car is expected to be the leading part of application segmentation.

DRIVING FACTORS

"Increasing Demand for Convenient and Comfort Features to Foster Market Expansion "

Growing demand for comfortable and safe inbuilt features in vehicles is estimated to surge market growth. Rising demand for premium and air circulations inside a car is projected to drive market growth. Growing demand for sunroof in hatchback and SUV cars are anticipated to propel market growth. Increasing safety and comfort features in upcoming models are predicted to accelerate market growth. Rising adoption of vehicles globally is expected to propel market growth during the forecast period. Increasing advanced technologies to remove frost or fog from windows is predicted to boost device adoption. Higher demand for passenger’s comfort level inside is expected to accelerate power sunroof market growth during the forecast period. Increasing demand for stylish vehicles among consumer is estimated to propel market growth. Growing demand for customized sunroof in vehicles is estimated to propel market growth.

"Growth in Automotive Industry to Incite Market Growth "

Growing expansion of automotive industry is estimated to fuel market growth. High adoption of technological development in automotive industry is projected to boost product demand. Adoption of rain sensors in upcoming models is anticipated to accelerate market growth. Further, the adoption of sunroof airbag system is projected to drive market growth. Noise cancellation features also adopted in the vehicles are predicted to fuel market growth. Easy to use feature is one of the factor is predicted to surge market growth. Leading technological innovation in automobile sector is estimated to accelerate market growth. Increasing car sales is anticipated to fuel market growth. Growing disposable income among consumers is estimated to expand power sunroof market growth during the forecast period.

RESTRAINING FACTORS

"High Repair Cost and Regular Maintenance to Restrict Market Growth"

High repair cost of the device is estimated to hamper market growth. Regular maintenance and rain leakage are predicted to restrain market growth during the forecast period.

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Power Sunroof Market Regional Insights

"Increasing disposable Income in Asia Pacific to Drive Market Share "

Asia Pacific is estimated to dominate power sunroof market share due to increasing disposable income. Growing demand for premium vehicles in the region is expected to surge market growth. Presence of market players is predicted to boost product adoption. Increasing government initiatives to adopt electric vehicles are projected to drive market growth. Rising demand for in built sunroof vehicles is anticipated to accelerate power sunroof market growth during the forecast period.

Europe is expected to show considerable market growth due to increasing demand for passenger cars. Presence of leading manufactures such as BMW, Audi, and Mercedes-Benz are predicted to boost power sunroof adoption. Growing demand for a comfortable and safe riding experience is projected to drive market growth.

North America is estimated to show significant growth due to demand for premium cars. Increasing demand for comfort-oriented features vehicles is predicted to propel market growth. High adoption rate of sports utility cars is projected to drive market growth during the forecast period.

KEY INDUSTRY PLAYERS

"Leading Players Adopt Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

LIST OF TOP POWER SUNROOF COMPANIES

• Webasto (Germany)
• Inalfa (Netherlands)
• Yachiyo (japan)
• CIE Automotive (Spain)
• Aisin Seiki (Japan)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.