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The power sunroof market was valued at USD 4.67 Billion in 2016 and is projected to grow at a CAGR of 10.81% to reach 11.60 Billion by 2025 during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017u20132025.
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MarketsandMarkets Presents Power Sunroof Market worth 11.60 Billion USD by 2025 https://www.marketsandmarkets.com/Market-Reports/power-sunroof-market-107520708.html
The power sunroof market was valued at USD 4.67 Billion in 2016 and is projected to grow at a CAGR of 10.81% to reach 11.60 Billion by 2025 during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017–2025. Factors such as growing demand for premium vehicles and greater glass surface area in automobiles, advancements in glass technology and increasing consumer preference towards power sunroof in developing nations are driving the growth of the power sunroof market. Get the PDF Brochure For This Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107520708 Browse 86 Market Data Tables and 45 Figures spread through 138 Pages and in-depth TOC on "Power Sunroof Market” https://www.marketsandmarkets.com/Market-Reports/power-sunroof-market-107520708.html
Glass Material A high growth potential marketThe global power sunroof market, by material type, is expected to be dominated by glass, followed by fabric. The glass type sunroofs are mostly preferred by consumers since they offer better transparency, along with an open and spacious atmosphere. The sunroof manufacturers have also started working on glass technology to reduce fuel consumption and to reduce carbon emissions of vehicles. The lightweight technology from Webasto features polycarbonate components in which roof panels are made up of Glass ProTec safety glass and roof elements are made up of lightweight PU composite with a paper honeycomb core. This safety glass is a glass–plastic composite, which allows for weight savings of 10–15% over conventional laminated safety glass. The use of glass in vehicles has increased as it allows a laminating glazing side and does not pose any security issues. It is also lightweight and thus increases the fuel efficiency of vehicles. Request Sample of the report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=107520708
Europe: Largest market for power sunrooft Europe is estimated to account for the largest share, by value and volume, of the power sunroof market in 2017. In terms of growth, the Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Developing economies such as China and India are expected to play a major role on the backdrop of increasing vehicle production. Also, increasing installation of power sunroof in vehicles such as Sedan/Hatchbacks and SUVs has boosted the demand for the power sunroof in the Asia Pacific region. The report profiles all major players in the power sunroof market, including Webasto (US), Inalfa Roof Systems (Netherlands), Inteva (US), Magna International (Canada), and Aisin Seiki (Japan). Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=107520708
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