Auto Sunroof Market Overview
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Attributes such as 3D formability and transparency can be obtained by integrating sensors and light sources in polycarbonate. The proliferation of conventional technology is high in developing regions as they are easily available and costs low. Manufacturing companies in automotive sunroof are highly investing in development activities to increase the strength and minimize weight in order to enhance conventional automotive sunroof.
The key players dominating the global Auto Sunroof Market Size includes Inalfa Roof Systems Group B.V., Webasto Group, Yachiyo Industry Co. Ltd, Inteva Products, Johnan Manufacturing Inc., Magna International Inc., Aisin Seiki Co. Ltd.
The Auto Sunroof Market Size is segmented on the basis of type, sales channel, application.
By application, the COVID-19 Impact is segmented into sedan, SUV, hatchback, and others. Of these, the SUV segment is predicted to dominate the market, mainly due to the rising inclination of automotive OEMs towards the sale of SUVs. Moreover, technological advancements made in sunroof is likely to propel the market growth in the SUV segment.
By the sales channel, the market is segmented into aftermarket and OEM. Of these, the OEM segment is predicted to dominate the market due to surging demand for new vehicles that are equipped with a sunroof.
Geographically, the Auto Sunroof Market Size spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
The market in the Asia Pacific region is likely to expand at a rapid pace due to the soaring production and sales of passenger vehicles. Also, the surging preference for sunroof, especially among the younger generation is likely to trigger the demand from the market in the coming years.
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