Asia Pacific Automotive Sunroof Market to Grow at a CAGR of 5.8% to reach US$ 1,600.89 Million from 2020 to 2027

The Automotive Sunroof market in Asia Pacific was valued US$ 1,440.17 million in 2019 and is projected to reach US$ 1,600.89 million by 2027; it is expected to grow at a CAGR of 5.8% from 2020 to 2027.

APAC has the presence of a few of the major automotive manufacturers, such as Hyundai-Kia, Suzuki, Mitsubishi, Tata Motors Limited, Lexus, and Toyota. Also, a large number of Asia Pacific automotive sunroof maker and suppliers, such as Dongfeng Renault, GAC Toyota, Maruti Suzuki, Mahindra & Mahindra, and Audi, are present in the region. Also, the governments of various APAC countries are taking initiatives for the development of the automotive sector the respective countries; for instance, under Union Budget 2019-2020, the government of India announced its plans to set up R&D centers at an expenditure of US$ 388.5 million to enable the automotive sector to meet the global standards. Such government initiatives in different countries are likely to generate huge demand for automotive sunroofs in the region.

China, India, Japan, South Korea, and the Rest of APAC are among the major contributors to the automotive sunroof market in APAC. The region has a strong automotive sector, which is supported by the growing automotive manufacturing industry in countries such as India, China, and South Korea. Moreover, India, China, South Korea, and Japan are among the leading vehicle manufacturing countries in the world. Therefore, a strong automotive manufacturing sector in these countries is expected to support the growth of the automotive sunroof market in the region in the coming years. China, India, Japan, South Korea, and the Rest of APAC are among the major contributors to the automotive sunroof market in APAC. The region has a strong automotive sector, which is supported by the growing automotive manufacturing industry in countries such as India, China, and South Korea. Moreover, India, China, South Korea, and Japan are among the leading vehicle manufacturing countries in the world. Therefore, a strong automotive manufacturing sector in these countries is expected to support the growth of the automotive sunroof market in the region in the coming years.

The Asia Pacific Automotive Sunroof market is expected to grow at a good CAGR during the forecast period. The growing demand for luxury sedans and SUVs and a large number of players focusing on developing efficient solutions are the major factors supporting the growth of the Automotive Sunroof market in this region.

Asia Pacific Automotive Sunroof Market–Segmentation

Automotive Sunroof Market – By Mount Type

• Slide-in Sunroof
• Slide-out Sunroof
• Panoramic Sunroof
• Pop-Up

Automotive Sunroof Market – By Material

• Fabric
• Glass

Automotive Sunroof Market – By Application

• Premium Cars
• SUV
• Sedan Cars

Automotive Sunroof Market- By Country

• China
• India
• Japan
• South Korea
• Rest of Asia Pacific

Asia Pacific Automotive Sunroof Market-Companies Mentioned

• ACS France SAS
• AISIN SEIKI Co.Ltd.
• Automotive Sunroof-Customcraft (ASC) Inc.
• Corning Incorporated
• Inalfa Roof Systems Group B.V.
• Johnan Manufacturing Inc
• Saint-Gobain
• Sunny Enterprises
• Webasto Group
• Yachiyo Industry Co. Ltd.

Asia Pacific Automotive Sunroof Report Scope