Automotive Sunroofs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
Since the time automotive sunroofs have been introduced, their market has undergone many changes. Sunroofs available today are no longer compact, but much larger and attractive, available in many styles. The demand for large sunroofs is increasing and this will continue to so in the coming years. The global sunroof market is expected to rise from US$4,796.0 mn in 2016 to reach US$12,935.1 mn by 2025, exhibiting a CAGR of 11.8% during the period from 2017 to 2025. The rise in the number of electric vehicles is anticipated to boost the demand for automotive sunroofs.
Since the time automotive sunroofs have been introduced, their market has undergone many changes. Sunroofs available today are no longer compact, but much larger and attractive, available in many styles. The demand for large sunroofs is increasing and this will continue to so in the coming years. The global sunroof market is expected to rise from US$4,796.0 mn in 2016 to reach US$12,935.1 mn by 2025, exhibiting a CAGR of 11.8% during the period from 2017 to 2025. The rise in the number of electric vehicles is anticipated to boost the demand for automotive sunroofs.
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<strong>Automotive</strong> <strong>Sunroofs</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>,<br />
<strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong> - <strong>2025</strong><br />
<strong>Automotive</strong> <strong>Sunroofs</strong> <strong>Market</strong>: Overview<br />
Since the time automotive sunroofs have been introduced, their market has undergone many changes. <strong>Sunroofs</strong><br />
available today are no longer compact, but much larger <strong>and</strong> attractive, available in many styles. The dem<strong>and</strong><br />
for large sunroofs is increasing <strong>and</strong> this will continue to so in the coming years. The global sunroof market is<br />
expected to rise from US$4,796.0 mn in 2016 to reach US$12,935.1 mn by <strong>2025</strong>, exhibiting a CAGR of 11.8%<br />
during the period from <strong>2017</strong> to <strong>2025</strong>. The rise in the number of electric vehicles is anticipated to boost the<br />
dem<strong>and</strong> for automotive sunroofs.<br />
The report is a comprehensive overview of the global automotive sunroofs market. It delves into the various<br />
factors impacting this market, including the key drivers boosting the market <strong>and</strong> major challenges posed by<br />
various factors. The recent trends in the market that are influencing the automotive sunroofs industry <strong>and</strong> the<br />
future growth opportunities in the market are also explored. In addition to this, key segments of the market such<br />
as automotive sunroofs by material, glass type, sunroof type, <strong>and</strong> geography are studied in detail. It also points<br />
out the leading, declining, <strong>and</strong> fastest growing segment or sub segments.<br />
Obtain Report Details @<br />
http://www.transparencymarketresearch.com/automotive-sunroofs-market-<strong>2017</strong>-<strong>2025</strong>.html<br />
<strong>Automotive</strong> <strong>Sunroofs</strong> <strong>Market</strong>: Drivers <strong>and</strong> Restraints<br />
The soaring dem<strong>and</strong> for automotive sunroofs can be attributed to the increasing preference by consumers for<br />
cars that have a wider panoramic view. The other factors linked with the growth of the global automotive sunroofs<br />
market are growing disposable income of consumers, causing an increase in their capacity for spending<br />
on cars <strong>and</strong> value additions for aesthetic purpose, by manufacturers of automobiles. These two aforementioned<br />
factors have also led into a higher dem<strong>and</strong> for premium <strong>and</strong> luxury cars.<br />
Moreover, the rising penetration of electric cars will accelerate the dem<strong>and</strong> for sunroofs in the years to come.<br />
Owing to stringent policies <strong>and</strong> regulations curbing carbon emissions, there has been a rise in the dem<strong>and</strong> for<br />
electric <strong>and</strong> hybrid cars. This in turn is expected to spur a surge in the dem<strong>and</strong> for solar automotive sunroofs<br />
<strong>and</strong> emerge as a growth opportunity for the market in the coming years. On the other h<strong>and</strong>, the cost of maintenance<br />
will restrain the growth of the market. Additionally, explosion of sunroofs will pose a challenge for the<br />
global automotive sunroofs market. To overcome these issues, manufacturers are striving to introduce high end<br />
<strong>and</strong> durable sunroofs, which is estimated to reduce the impact of these restraints.
Get accurate market forecast <strong>and</strong> analysis on the <strong>Automotive</strong> <strong>Sunroofs</strong> <strong>Market</strong>. Request a sample to<br />
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http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24101<br />
<strong>Automotive</strong> <strong>Sunroofs</strong> <strong>Market</strong>: Regional Outlook<br />
On the basis of geography, Asia Pacific is anticipated to witness the highest growth in the coming years by<br />
exhibiting a stupendous 12.6% CAGR during the forecast period. India <strong>and</strong> China are anticipated to be lucrative<br />
markets for automotive sunroofs <strong>and</strong> drive the Asia Pacific market towards growth. Europe is the world’s largest<br />
producer of vehicles <strong>and</strong> is this leading in the market, with key contributions to the revenue by Germany <strong>and</strong><br />
the U.K. North America will likely exp<strong>and</strong> at a steady pace. The Middle East is also estimated to be a lucrative<br />
market for automotive sunroofs. However, Africa <strong>and</strong> Latin America will witness a sluggish growth in the<br />
automotive sunroofs market.<br />
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