Automotive Sunroof Market Share

APAC Market Statistics

The Asia Pacific automotive sunroof market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the massively growing number of vehicles, as well as the surge in demand for sunroofs among vehicle users. For instance, in 2021, more than 50% of SUVs sold in India had factory-fitted sunroofs. Further, the presence of a strong automobile network in the region, followed by the escalation in disposable income in the populace, followed by the rising traction for passenger car accessories, followed by the presence of major key players, and increasing government initiatives for the advancement of the automotive industry are also anticipated to contribute to the market growth in the region. In addition, the growing demand for luxury vehicles is also anticipated to boost the market growth in the region during the forecast period.

Europe Market Forecast

Furthermore, the Europe automotive sunroof market is also projected to display notable market growth by the end of 2037. The growth of the market can be ascribed to the surging demand for passenger cars, which is leading to the sale of these cars. For instance, the count of passenger cars registered in the EU region exceeded around 260 million in 2020, indicating a nearly 10% growth over 2015. Along with this, the presence of notable manufacturers that are delivering technological advances. In addition to this, an increase in the adoption of more comfort features in cars, and a highly rising adoption ratio of SUVs have further been anticipated to push the market growth over the forecast period in the region.