Automotive Sunroof Market Regional Analysis:
APAC Market Insights
Asia Pacific region is set to dominate around 35% market share by 2035, driven by the massively growing number of vehicles and surge in demand for sunroofs. 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 Insights
Furthermore, the Europe automotive sunroof market is also projected to display notable market growth by the end of 2035. 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.
