Automotive & Transportation / Panoramic Sunroof Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Webasto, Inalfa, Inteva, Yachiyo
Panoramic Sunroof Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Webasto, Inalfa, Inteva, Yachiyo
Registering a CAGR of 15.7% over the forecast period of 2021-2027, the global panoramic sunroof market is anticipated to reach the market value of US$ 4.26 billion in the year 2027 from US$ 1.31 billion in the year 2020.
Panoramic Sunroof Market Overview:
Panoramic sunroofs are accustomed to the shattering or sunroof ejection, especially during the accidents or vehicle crashes. Hence, manufacturers are now focusing on developing panoramic sunroof airbags with a purpose of reducing accidents and helping to garner the confidence of the consumer. Thus, it is a prominent development that is targeted to reduce the number of fatalities which are caused by sunroof.
Increase in demand for comfort, aesthetic features and safety have led to several technological advancements in vehicles like installing sunroofs with better air circulation. Furthermore, rise in advance technologies to remove frost or fog from the windows for better visibility with better illumination, increases passenger’s comfort level and subsequently there is rise in the comfort and safety features in vehicles help the panoramic sunroof market.
Panoramic Sunroof Market Recent Development:
June 2, 2021:The Sliding Panorama Sunroof from Webasto in the New Mercedes-Benz S-Class--
Webasto, the world market leader for roof systems, supplies the elegant sliding panorama sunroof for the new Mercedes-Benz S-Class. The large glass surface provides a pleasantly bright ambiance in the sedan’s interior. Shading can be provided as required via two separately controllable roller blinds. Operation of the modular roof system and blinds takes place conveniently and individually via gesture and voice control.
Who are the Major Players in Panoramic Sunroof Market?
Top Key players in the Panoramic Sunroof Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Panoramic Sunroof Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Webasto, Inalfa, Inteva, Yachiyo, CIE Automotive, Aisin Seiki, Mobitech, DONGHEE, Wanchao and others.
Global Panoramic Sunroof Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
What are the major Applications, Types and Regions for Panoramic Sunroof Market?
By Type, Panoramic Sunroof Market has been segmented into
Multi-Panel Sunroof
Single Panel Sunroof
By Application, Panoramic Sunroof Market has been segmented into,
Sedan & Hatchback
SUV
Others
Panoramic Sunroof Market Regional Analysis:
The report offers in-depth assessment of the growth and other aspects of the Panoramic Sunroof Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The Asia-Pacific region accounts for the largest share of the global automotive sunroof market due to the presence of major automotive manufacturers, such as Hyundai-Kia, Suzuki, Mitsubishi, Tata Motors Limited, Lexus, and Toyota. Growing car customization trends and a higher younger population demanding aftermarket sunroof installations are some of the major factors driving the market for sunroofs in these countries.
Moreover, governments across Asia-Pacific are taking initiatives for the development of the automotive sector, in turn, boosting associated market development. Further government initiatives to increase the adoption of electric vehicles and the rise in mass segment cars offering sunroofs as an optional feature are responsible for the stimulating demand for in-vehicle sunroofs
What is our Panoramic Sunroof Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 4.26% over the forecast period (2022-2027)
Yes, the report can be customized as per your needs
Key Takeaways from this Panoramic Sunroof Report
Evaluate Panoramic Sunroof market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Panoramic Sunroof market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Panoramic Sunroof Market?
The Panoramic Sunroof Market is growing at a CAGR of 4.26% over the next 5 years.
Who are the key players in Panoramic Sunroof Market?
What are the significant types of Panoramic Sunroof Market?
Multi-Panel Sunroof, Single Panel Sunroof
What are the major end-use applications of Panoramic Sunroof Market?
Sedan & Hatchback, SUV, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.