Global Panoramic Sunroof market is expected to reach 7490 million US$ by the end of 2025
Published Date: 2019/2/27
A panoramic sunroof is a large sunroof that covers the entire roof of a vehicle, or the vast majority of it. It is significantly larger than a traditional sunroof, and may be tinted or clear.
Panoramic roof systems are a new type of large or multi-panel moon-roof, which offer openings above both the front and rear seats and may be operable or fixed glass panels. Large operable openings are often accomplished with top-slider (tracks in the top of the roof) or spoiler type mechanisms.
Due to the high production of global automotive market, and the increasing demand for comfort, the current demand for automotive panoramic sunroof product is relatively high worldwide. Meanwhile, the demand from China market was much higher due to the rapid development of Chinese automotive market.
In 2017, the global production of automotive panoramic sunroof reaches nearly 12 million units; the CAGR of global automotive panoramic sunroof market is around 19.67% during the last several years.
The automotive panoramic sunroof market is mainly dominated by a few manufacturers globally, among them, Webasto, Inalfa, Inteva and Yachiyo are the big four players in the world, and these four companies occupied about 80% market share in 2017, and biggest player is Webasto from Germany, dominating over 41.62% market share.
In terms of vehicle type, the SUV has developed very fast during last few years, especially in China. The SUV occupied over 80% of global automotive panoramic sunroof consumption in 2017. With the increasingly popularity of SUV worldwide, more and more panoramic sunroofs are installed in vehicles either in OEM market and aftermarket.
The global Panoramic Sunroof market is valued at 2940 million US$ in 2018 is expected to reach 7490 million US$ by the end of 2025, growing at a CAGR of 12.4% during 2019-2025.
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