Due to the COVID-19 pandemic, the global automotive power sunroof system market size is estimated to be worth US$ 5,975.52 million in 2022 and is forecast to a readjusted size of US$ 8,209.29 million by 2028 with a CAGR of 5.44% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, inbuilt sunroof accounting for 46.00% of the automotive power sunroof system global market in 2021, is projected to value US$ 3,348.52 million by 2028, growing at a revised 3.34% CAGR from 2022 to 2028. While sedan segment is altered to a 3.44 % CAGR throughout this forecast period.
Europe automotive power sunroof system market size was US$ 1,892.72 million in 2021, while China was US$ 1,529.13 million. The proportion of the Europe was 33.77% in 2021, while China's percentage was 27.28%, and it is predicted that China market share will reach 31.54% in 2028, trailing a CAGR of 7.83 % through the analysis period. As for the Asia, the notable markets are Japan and South Korea, CAGR is 4.79% and 4.91% respectively for the next 6-year period.
The global major manufacturers of automotive power sunroof system include Webasto, Inalfa, CIE Automotive, Yachiyo, Mobitech, Aisin Seiki, DeFuLai, Motiontec, and Wuxi Mingfang, etc. In terms of revenue, the global three largest players hold a 77.48% market share of automotive power sunroof system in 2021.
Drivers and Restrains:
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2019 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
Segment Analysis:
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
• Webasto
• Inalfa
• CIE Automotive
• Yachiyo
• Mobitech
• Aisin Seiki
• DeFuLai
• Motiontec
• Wuxi Mingfang
• Johnan Manufacturing
• Wanchao
Segment by Type
• Inbuilt Sunroof
• Spoiler Sunroof
• Panoramic Sunroof
Segment by Application
• Sedan
• SUV
• Other
Production by Region
• North America
• Europe
• China
• Japan
• South Korea
• India
Consumption by Region
• North America
o U.S.
o Canada
o Mexico
• Asia-Pacific
o China
o Japan
o South Korea
o Southeast Asia
o India
• Europe
o Germany
o France
o U.K.
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Rest of South America
