Market Outlook
According to this report, the North America automotive sunroof market size reached a value of USD 10.71 billion in 2023. Aided by the surge in the demand for panoramic sunroofs, the market is projected to further grow at a CAGR of 7% between 2024 and 2032 to reach a value of USD 20 billion by 2032.Automotive sunroofs are panels installed in the roof of a car, allowing light and fresh air into the passenger compartment. They come in various types, including pop-up, spoiler, inbuilt, and panoramic sunroofs, each offering unique advantages. Sunroofs not only enhance the aesthetic appeal of vehicles but also improve the driving experience by providing better ventilation and a sense of openness.
The increasing consumer preference for premium features in vehicles is driving the North America automotive sunroof market growth. With the growing demand for luxury and mid-segment vehicles, manufacturers are increasingly incorporating sunroofs as standard or optional features. The rise in disposable income and the trend towards vehicle customisation are further contributing to the market expansion.
One of the primary benefits of automotive sunroofs is the enhanced driving experience they offer. Sunroofs provide an additional source of natural light and fresh air, creating a more pleasant and spacious feel inside the vehicle. This feature is particularly appreciated in regions with moderate climates, where sunroofs can be utilised for extended periods throughout the year.
Technological advancements have led to significant developments in the design and functionality of automotive sunroofs while witnessing significant development. Modern sunroofs are equipped with advanced features such as UV protection, rain sensors, and automatic closing systems, enhancing their convenience and safety. Additionally, the integration of panoramic sunroofs, which cover a larger area of the roof, has become increasingly popular, offering passengers an unobstructed view of the sky.
The increasing demand for luxury and premium vehicles is also increasing the North America automotive sunroof market share. Sunroofs are often considered a luxury feature, and their inclusion in vehicles can significantly enhance the overall appeal and marketability of a car. As consumers' disposable incomes rise, there is a growing trend towards the purchase of vehicles equipped with advanced features, including sunroofs.
Another significant driving factor is the rising awareness of the benefits associated with sunroofs. Consumers are increasingly recognizing the advantages of sunroofs, such as improved ventilation, enhanced driving experience, and the aesthetic appeal they add to vehicles. This growing awareness is leading to a higher demand for sunroofs in both new and existing vehicles.
As per the North America automotive sunroof market analysis, the automotive industry's shift towards electric and hybrid vehicles is also contributing to the market growth. Electric and hybrid vehicles are often associated with advanced technology and luxury features, making them prime candidates for the inclusion of sunroofs. As the market for electric and hybrid vehicles expands, the demand for sunroofs is expected to rise correspondingly.
The sunroof market is poised for significant growth in the coming years, driven by several key trends. One notable trend is the increasing adoption of panoramic sunroofs. These sunroofs cover a larger portion of the vehicle roof, providing an expansive view and enhancing the overall driving experience. Panoramic sunroofs are particularly popular in luxury and premium vehicles, where the emphasis is on providing a superior driving experience.
Another emerging trend is the integration of advanced technologies in sunroof systems. Modern sunroofs are equipped with features such as UV protection, automatic closing systems, and rain sensors, enhancing their functionality and convenience. These technological advancements are expected to drive the demand for automotive sunroofs, as consumers seek vehicles with advanced and user-friendly features.
The automotive sunroof market in North America is set for significant growth, driven by the rising demand for luxury vehicles and the increasing adoption of advanced sunroof systems. The market presents numerous opportunities for manufacturers to innovate and expand their product offerings, catering to the diverse preferences and needs of consumers. While certain challenges exist, such as the high cost of sunroofs and technical issues, addressing these challenges through cost-effective production techniques and quality control can ensure sustained market growth. As the market continues to evolve, the integration of advanced technologies and the growing trend of vehicle customization are expected to play pivotal roles in shaping the future of the North America automotive sunroof market.
Market Segmentation
The market can be divided based on material type, type, engine type, vehicle type, end use and country.Market Breakup by Material Type
- Glass
- Fabric
Market Breakup by Type
- Built-in
- Tilt and Slide
- Pop-up
- Panoramic
- Removable
- Solar Type
- Others
Market Breakup by Engine Type
- Internal Combustion Engine
- Electric Powered
Market Breakup by Vehicle Type
- Premium Cars
- Sports Utility Vehicle
- Hatchbacks
- Others
Market Breakup by End Use
- Passenger Vehicle
- Commercial Vehicle
- Others
Market Breakup by Country
- United States
- Canada
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America automotive sunroof market. Some of the major players explored in the report are as follows:- Webasto Group
- Inalfa Roof Systems Group B.V.
- Yachiyo of America
- Aisin U.S.A. Mfg., Inc.
- Gentex Corporation
- Pilkington North America Inc.
- Fuyao Glass America Inc.
- Compagnie de Saint-Gobain S.A.
- Others
Table of Contents
Companies Mentioned
- Webasto Group
- Inalfa Roof Systems Group B.V.
- Yachiyo of America
- Aisin U.S.A. Mfg., Inc.
- Gentex Corporation
- Pilkington North America Inc.
- Fuyao Glass America Inc.
- Compagnie de Saint-Gobain S.A.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 169 |
Published | June 2024 |
Forecast Period | 2024 - 2032 |
Estimated Market Value ( USD | $ 11.64 Billion |
Forecasted Market Value ( USD | $ 20 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | North America |
No. of Companies Mentioned | 8 |