- Opportunity and Forecast, 2016-2025
Automotive sunroof is a movable opening on roof of an automobile vehicle that allows light and fresh air to enter into compartment. They are either manually operated or driven by a motor. It needs to meet the safety regulations, which include flammability, head impact, and side curtain airbag. Manufacturers also need to change their designs based on changing market trends, meeting regulations, and changing consumer preferences. Market players invest considerably in R&D activities to develop innovative sunroofs to meet expectations of customers. It is no more a luxury feature in high end cars as these features are included in the economy cars as well.
Rise in consumer preference, growth in factory-installed products, and increase in aftermarket demand are the factors that drive the growth of the global automotive sunroof market. Issues including leakage, poor calibrations, electrical failures, improper installation, and concerns regarding changes in the structural integrity of roof of the vehicle are expected to limit the growth of the market. On the other hand, technological advancements in the field of solar roofs are expected to create new avenues in the industry.
The global automotive sunroof industry is segmented based on product type and geography. On the basis of product type, the market is bifurcated into glass and fabric. Glass segment is further classified into pop-up, in-built, spoiler, top-mount, and panoramic. Whereas, fabric segment is divided into foldable and removable. Geographically, the market is segmented into Europe, North America, Asia-Pacific, Latin America, and Middle East, and Africa.
Key vendors operating in the industry are Automotive Sunroof Company, Yachiyo Industry Co. Ltd., Inalfa, Inteva, Johnan America, Inc., Mitsuba Corp., NSG Pilkington, and others. These key vendors have implemented strategies, which include merger & acquisition, collaborations, new product launches, partnerships, expansion, joint ventures, and others to strengthen their position in the global industry.
Progressive Markets published a report, Whey Protein Ingredients Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025. As per the report, the whey protein ingredients market was valued at ... Read More >>