Market Size of India Automotive Sunroof Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 17.60 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Automotive Sunroof Market Analysis
The India Automotive Sunroof Market is expected to register a CAGR of 17.6%.
The automotive sunroof market in India is primarily driven by the increasing demand for convenience features and rise in sales of luxury cars over the past few years. Earlier, sunroofs in cars were offered as standard only in the top end variants of luxury cars such as Audi, BMW, Volvo, Jaguar, and Mercedes-Benz. The demand for passenger cars has increased and shift of customer preference from a basic car to a car that hosts a wide range of convenience features has been observed. This has created competition between the production makes which led to OEMs offering sunroof as standard in mid-segment cars.
The passenger car market in India has witnessed several new launches since 2018. This trend has continued as the industry has also witnessed new OEMs establishing their facilities in the country and offering attractive vehicles at affordable prices. For instance, the Chinese legend Morris Garage has launched its first model for the Indian market, the Hector. This vehicle has several first in segment features which also includes a panoramic electric-sunroof that can be opened and closed by voice commands. Kia, another player entering the Indian market has also offered sunroof as standard in the Seltos, which was unveiled in July and will be launched in August.
In the light of all these events, the demand for sunroof is increasing over the forecast period.
