Market Size of Automotive Sunroof Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 9.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Automotive Sunroof Market Analysis
The automotive sunroof market was valued at USD 6.24 billion in 2021, and it is expected to reach USD 10.90 billion in 2027, registering a CAGR of above 9% during the forecast period (2022 - 2027).
The COVID-19 pandemic has hindered the growth of the automotive sunroof market due to its impact on vehicle production, as there was continuous shut down of manufacturing facilities and disruption of the supply chain across various parts of the world.
Increasing passenger vehicle sales in conjunction with rising per capita income and consumer spending toward effective ventilation and brighter vehicle interiors to enhance the overall driving experience will positively influence the industry demand. Moreover, technological advancements in sunroof materials drive automotive sunroof demand. Thereby, ongoing design upgrades and material advancements to reduce weight and provide stability are boosting the industry's growth.
Europe dominates the sunroof market throughout the forecasted period, followed by North America and Asia-Pacific. The demand for sunroof systems as after-sale customization witnessed a spike in popularity, especially among the younger population in Asian countries. These factors greatly influenced the rebound of sunroof systems and are anticipated to propel the market globally.
