Market Size of China Automotive Sunroof Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 4.10 Billion |
Market Size (2029) | USD 6.20 Billion |
CAGR (2024 - 2029) | 10.12 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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China Automotive Sunroof Market Analysis
The China Automotive Sunroof Market size is estimated at USD 4.10 billion in 2024, and is expected to reach USD 6.20 billion by 2029, growing at a CAGR of 10.12% during the forecast period (2024-2029).
A sunroof is often considered an additional feature in automobiles, which is available in fixed or operable (venting or sliding) openings in an automobile roof. Sunroof, as a feature in automobiles, was installed way back in 1932, when Mercedes Benz offered the first car sunroof.
Sunroofs are transparent and non-transparent panels that can be manually or electrically operated and are available in many sizes and shapes. At present, original equipment manufacturers (OEMs) are developing advanced technologies to manufacture sunroofs, which include different composite materials for developing lightweight sunroof solutions. Furthermore, the market for aftermarket sunroofs is also increasing with an increase in the demand as people get it installed aftermarket, which costs them less as compared to OEM fitting.
Over the medium term, factors such as rising demand for cars with sunroofs, advancement in glass technology, and surge in demand for safety, comfort, and convenience features are fueling the automotive sunroof market in China. Moreover, the increasing penetration of solar sunroofs in electric vehicles and its rising sales create lucrative growth opportunities for the market.
The above factors, coupled with infrastructure expansion and government initiatives, will drive market growth.