Uploaded on May 30, 2019
The power sunroof market was valued at USD 4.67 Billion in 2016 and is projected to grow at a CAGR of 10.81% to reach 11.60 Billion by 2025 during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017–2025.
Power Sunroof Market worth 11.60 Billion USD by 2025
MarketsandMarkets
Presents
Power Sunroof Market worth 11.60 Billion USD by
2025
https://www.marketsandmarkets.com/Market-Reports/power-sunroof
-market-107520708.html
The power sunroof market was valued at USD 4.67 Billion in 2016 and is
projected to grow at a CAGR of 10.81% to reach 11.60 Billion by 2025
during the forecast period. The base year considered for the study is
2016 and the forecast period is 2017–2025.
Factors such as growing demand for premium vehicles and greater glass
surface area in automobiles, advancements in glass technology and
increasing consumer preference towards power sunroof in developing
nations are driving the growth of the power sunroof market.
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8
Browse 86 Market Data Tables and 45 Figures spread through
138 Pages and in-depth TOC on "Power Sunroof Market”
https://www.marketsandmarkets.com/Market-Reports/power
-sunroof-market-107520708.html
Glass Material A high growth potential market
The global power sunroof market, by material type, is expected to be
dominated by glass, followed by fabric. The glass type sunroofs are mostly
preferred by consumers since they offer better transparency, along with
an open and spacious atmosphere. The sunroof manufacturers have also
started working on glass technology to reduce fuel consumption and to
reduce carbon emissions of vehicles. The lightweight technology from
Webasto features polycarbonate components in which roof panels are
made up of Glass ProTec safety glass and roof elements are made up of
lightweight PU composite with a paper honeycomb core. This safety glass
is a glass–plastic composite, which allows for weight savings of 10–15%
over conventional laminated safety glass. The use of glass in vehicles has
increased as it allows a laminating glazing side and does not pose any
security issues. It is also lightweight and thus increases the fuel efficiency
of vehicles.
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Europe: Largest market for power sunrooft
Europe is estimated to account for the largest share, by value and
volume, of the power sunroof market in 2017. In terms of growth, the
Asia Pacific market is projected to grow at the highest CAGR during the
forecast period. Developing economies such as China and India are
expected to play a major role on the backdrop of increasing vehicle
production. Also, increasing installation of power sunroof in vehicles such
as Sedan/Hatchbacks and SUVs has boosted the demand for the power
sunroof in the Asia Pacific region.
The report profiles all major players in the power sunroof market,
including Webasto (US), Inalfa Roof Systems (Netherlands), Inteva (US),
Magna International (Canada), and Aisin Seiki (Japan).
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0708
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