Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.21 Billion | USD 12.74 Billion | 16.8% | 2021 |
FrequentlyAsked Questions
Upsurge in the revolution in glass technology and increasing demand for convenience and comfort is likely to boost the market growth. Increased demand for comfort, safety, and aesthetic elements has resulted in a number of technical developments in automobiles, including the installation of sunroofs that allow for greater air circulation, thereby driving market growth.
According to the Zion Market Research report, the global automotive panoramic sunroof market was worth about 2.21 (USD billion) in 2021 and is predicted to grow to around USD 12.74 billion by 2030, with a compound annual growth rate (CAGR) of approximately 16.8% over the forecast period.
Europe is expected to dominate the global automotive panoramic sunroof market throughout the anticipated period, followed by North America and Asia-Pacific. Europe is the house of major automobile makers, and most of the automobile brands in the region offer futuristic designs to increase the sale of cars. Use of panoramic sunroofs can be seen in cars of major brands like Volkswagen, Audi, BMW, Daimler, Deere, General Motors, and Ford in the region that offers elegant designs, comfort, and safety which is why the demand for automobiles with panoramic sunroofs are increasing rapidly in the European market.
Major players functioning in the global automotive panoramic sunroof market includes CIE Automotive SA, Aisin Seiki Co. Ltd., Inalfa Roof Systems Group BV, Donghee Industrial Co. Ltd., Webasto SE, Inteva Products, Yachiyo Industry Co. Ltd., Automotive Sunroof-Customcraft (ASC) Inc., Magna International Inc, and BOS Group.
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