After the COVID-19 outbreak, healthcare agencies explained that there was a higher risk of transmission of the coronavirus in enclosed spaces. To that effect, governments across the globe issued rules that required vehicles to have fewer passengers, who were required to wear masks, in order to prevent the infection from spreading among them.
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However, recent studies have found that increased airflow inside a car's passenger cabin can potentially reduce the risk of transmission while sharing rides with other passengers. This has increased benefits of roof systems in improving airflow within cars, thereby fueling product demand.
Some challenges associated with roof systems were pertaining to their weight and lack of space. To address concerns about weight, manufacturers have been opting for lightweight materials like paper honeycomb and polycarbonate. In addition, to save space in the car, companies have been adopting compact drive units as well as roller blind systems.
These measures have improved the viability and functionality of roof systems, which is propelling market penetration across key markets. Moreover, industry players have expanded their offerings to include advanced technologies that meet consumer needs for more innovative and convenient systems.
In June 2021, Webasto, a leading supplier of roof systems, introduced its sliding panorama sunroof into the Mercedes-Benz S-Class. The system's huge glass surface promises a pleasant, bright ambiance inside the car.
The company also provides shading options through two roller blinds that can be controlled separately. The modular roof system and blinds can be operated seamlessly through gesture and voice control. This software can also be upgraded, which allows the technology to remain up to date.
The automotive sunroof market has been categorized on the basis of material, product, operation, distribution channel, and region. Based on product, the market has further been segmented into panoramic, pop-up, built-in, top mount/spoiler, and folding.
The folding sub-segment is expected to witness significant growth at a CAGR of over 7% through the forecast timeframe. Increasing demand for fiber sunroofs is contributing massively to segmental growth across the globe.
Rising popularity of larger sunroofs is a key factor driving the demand for folding sunroofs. Furthermore, the emerging trend for heating and cooling systems in convertible roof is also playing an important role in segmental adoption.
On the regional spectrum, the Latin America automotive sunroof market is estimated to observe steady growth at approximately 9.5% CAGR over the projected timeline.
Increasing spending capacity, facilitated by the recovering economy, has accelerated the demand for advanced vehicles in the region. Additionally, robust development of distribution channels and growing automotive components and parts aftermarket are among the major factors fostering industry penetration in the region over 2021-2027.
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The Middle East & Africa region accounts for approximately 5% share of the overall market revenue and is anticipated to expand at a considerable pace through the study timeframe. Rising presence of major players across the region is expected to support market expansion across the region over the forecast period.
Report Content
Chapter 1 Methodology and Scope
1.1 Market definitions
1.2 Base estimation & working
1.2.1 North America
1.2.2 Europe
1.2.3 APAC
1.2.4 LATAM
1.2.5 MEA
1.3 Forecast calculation
1.3.1 COVID-19 impact calculations on industry forecast
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Automotive sunroof industry 3600 synopsis, 2017 – 2027
2.1.1 Business trends
2.1.2 Material trends
2.1.3 Product trends
2.1.4 Operation trends
2.1.5 Distribution channel trends
2.1.6 Regional trends
Chapter 3 Automotive Sunroof Industry Insights
3.1 Industry segmentation
3.2 Industry ecosystem analysis
3.2.1 Component Suppliers
3.2.2 Manufacturers
3.2.3 Profit margin analysis
3.2.4 Distribution channel analysis
3.2.5 COVID-19 impact on industry value chain
3.2.6 Vendor matrix
3.3 Technology Landscape
3.4 Regulatory landscape
3.4.1 North America
3.4.2 Europe
3.4.3 Asia Pacific
3.4.4 Latin America
3.4.5 MEA
3.5 Pricing analysis (including COVID-19 impact)
3.5.1 By region
3.5.1.1 North America
3.5.1.2 Europe
3.5.1.3 Asia Pacific
3.5.1.4 Latin America
3.5.1.5 MEA
3.5.2 Cost structure analysis
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Technological advancement eliminating bottlenecks
3.6.1.2 Rising demand for small and midsize SUV’s
3.6.1.3 Rising implementation in economical range of cars in Asia Pacific
3.6.1.4 Proliferation of passenger car production in Brazil along with increased car rental services
3.6.1.5 Rising presence of major players across MEA region
3.6.2 Industry pitfalls & challenges
3.6.2.1 Greater dimensions of sunroof increases curb weight
3.7 Innovation & sustainability
3.8 Growth potential analysis, 2020
3.9 Competitive landscape, 2020
3.9.1 Company market share
3.9.2 Key stakeholders
3.9.3 Strategy dashboard
3.10 Porter's analysis
3.11 PESTLE analysis
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