Market Size of Japan Automotive Sunroof Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 10.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Automotive Sunroof Market Analysis
The Japanese automotive sunroof market was valued at USD 528.78 million in the current year and is projected to grow to USD 952.20 million by the next five years, registering a CAGR of 10.30% in terms of revenue during the forecast period.
Over the medium term, 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.
Owing to factors such as innovation in glass technology and the rise in demand for safety, comfort, & convenience features, the rise in demand for premium cars and better aesthetic appeal of the glass surface area in automobiles, including larger sunroofs propel the growth for the automotive sunroof market.
To augment the demand for sunroofs, vehicles are now fitted with tinted or UV-reflective glasses to avoid unwanted heat and sunlight, which in turn is likely to witness major growth for the market during the forecast period.
