Automotive Sunroof Market Size & Industry Share - Growth Trends & Forecasts (2023 - 2030)

Based on the Type :

Based on the type, the market is segmented into in-built sunroof, pop-up sunroof, folding sunroof, panoramic sunroof, and others. The in-built sunroof segment accounted for the largest revenue share in the year 2022. The in-built sunroof features a standard design and often slides between the car's metal roof and interior headliner. In-built sunroofs are usually integrated with a tilt feature, which enables the rear of the sunroof to be popped up for creating a small opening on the roof. The primary benefit of an in-built sunroof is its ability to open completely, providing an enhanced aesthetic from the inside and outside of the car. The above benefits of in-built sunroofs are increasing its utilization in passenger cars among others.

According to ACEA (European Automobile Manufacturers Association), the total production of passenger cars in the European Union reached up to 10.9 million in 2022, depicting a growth of 8.3% in comparison to 2021. Hence, the rise in passenger car production is among the key factors driving the application of in-built sunroofs, in turn contributing to the growth of the market.

The panoramic sunroof segment is anticipated to register fastest CAGR growth during the forecast period. Panoramic sunroofs are designed for maximizing the upward view through the automobile's roof. Moreover, a panoramic sunroof is a multi-panel sunroof that is capable of covering a large area, in turn providing fresh air and light throughout the vehicle cabin, which makes it ideal for utilization in passenger cars and electric vehicles.

For instance, according to the International Energy Agency, the total registration of electric cars in the United States reached 630 thousand units in 2021, depicting a significant growth as compared to 295 thousand units in 2020. Thus, the rising adoption of electric vehicles is fostering the demand for automotive sunroofs for providing ambient light and air into the vehicle cabin, thereby driving the market growth during the forecast period.

Based on the Vehicle Type :

Based on the vehicle type, the market is segregated into passenger cars and commercial vehicles. The passenger cars segment accounted for the largest revenue share of 48.5% in the year 2022. Factors including rising disposable income, increasing passenger car production, and growing need for thermal comfort and safety features in cars are among the key prospects driving the growth of the passenger car segment.

According to the China Association of Automobile Manufacturers, the overall production of passenger cars in China reached up to 14.8 million units in January-August 2022, witnessing a YoY growth of 14.7%. Therefore, the rising production of passenger cars is driving the utilization of automotive sunroofs, attributing to its aesthetic appeal and ability to offer improved light and ventilation within car cabins. The above factors are anticipated to boost market growth during the forecast period.

The electric vehicles segment is expected to witness fastest CAGR growth during the forecast period. The growth of the electric vehicles segment is attributed to several factors including the advent of sustainable mobility, availability of a wide range of models, eco-friendliness, and the availability of tax rebates and subsidies on EVs. For instance, according to the International Energy Agency (IEA), the new registrations of battery electric vehicles (BEVs) in Europe reached 1,231 thousand units in 2021, depicting an increase of 65% as compared to 746 thousand units in 2020. Therefore, the growing electric vehicle sector is driving the adoption of automotive sunroofs in modern Evs, in turn driving the growth of the market.

Based on the Region :

The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

North America accounted for the largest revenue share of USD 2,274.83 Million in 2022 and is expected to reach USD 4,601.86 Million by 2030, registering a CAGR of 9.5% during the forecast period. In addition, in the region, the U.S. accounted for the maximum revenue share of 55.7% in the same year. The adoption of automotive sunroofs in North America is primarily driven by multiple factors including growing investments in the expansion of automobile manufacturing facilities and rising automotive production in the region. For instance, according to the International Organization of Motor Vehicle Manufacturers, the total automobile production in the North American region reached 14,798,146 units in 2022, depicting an increase of 10% from 13,467,065 units in 2021. The above factors are further propelling the growth of the automotive sunroof market in the North American region. Additionally, the increasing investments in the electric vehicle sector and rising adoption of electric vehicles in the region are anticipated to provide lucrative growth aspects for the market in North America during the forecast period.

Asia-Pacific is expected to register the fastest CAGR growth of 9.8% during the forecast period. The rapid pace of industrialization and development is creating lucrative opportunities for market growth in the region. Moreover, factors including the growing pace of urbanization, increasing government investments in the automotive sector, and rising automobile production are stimulating the market growth for automotive sunroofs in the Asia-Pacific region. Additionally, factors including the rising government initiative for adoption of electric vehicles and expansion of EV manufacturing units are among the key prospects driving the market demand for automotive sunroofs in the region.

For instance, according to the Society of Indian Automobile Manufacturers, the total passenger vehicle production in India reached 45,78,639 units from April 2022 to March 2023, depicting a substantial growth of 25.4% from 36,50,698 units in April 2021 to March 2022. Therefore, the rise in automobile production is driving the deployment of automotive sunroofs, thereby proliferating the market growth in the Asia-Pacific region.