ashini
Automotive Panoramic Sunroof is a wide transparent opening space on the automobile roof. Primarily glass is installed in the sunroof to pass the sunlight into the vehicle compartment. These sunroofs are mostly used in premium luxury automotive. However, the recent growth in popularity of the panoramic sunroof has increased their applicability in mid-range vehicles. The Global Automotive Panoramic Sunroof market holds the potential to reach USD XX Mn. by 2027. The report has covered, demand drivers & pricing by region, and profit margins of key players operating in this industry. A detailed analysis of restraints and challenges in the market is also covered with the examples by region. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market. Market Dynamics Growing trend in the use of sunroofs in premium and mid-range vehicles is driving the market Growing consumer preference for the use of the automotive panoramic sunroof is driving the global automotive panoramic sunroof market. Increasing use of sunroofs in premium, exotic, and midrange vehicles is expected to propel the market growth during the forecast period. Panoramic sunroofs are of both types fixed and openable, as they allow sunlight to pass through them it enhances the brightness of the vehicle. With enhanced brightness vehicle interior looks more spacious. The automotive panoramic sunroof also improves the aesthetic of the automobile. Increasing consumer preference for a comfortable driving experience is also expected to drive the demand of the automotive panoramic sunroof market. These sunroofs can maintain proper airflow in the vehicle and keeps the vehicle well ventilated. The panoramic sunroof also improves comfort for the passengers. Growing disposable income and changing lifestyle of the populace is also expected to increase the demand of the automotive panoramic sunroof market during the forecast period. Increasing demand for the passenger vehicle is also expected to boost the market demand over the forecast period. Additional weight of the panoramic sunroof is expected to hinder the market growth. Panoramic sunroof assembly weighs around 90Kg, hence they add extra weight to the vehicle. This additional weight of the sunroof reduces the fuel efficiency of the vehicle. In addition to this, these sunroofs increase the temperature of the vehicle compartment. All these factors are expected to hinder the growth of the market during the forecast period. Growing demand of Premium and exotic automobile is expected to create new opportunities. Changing lifestyle and increasing disposable income has increased the demand for premium and exotic vehicles, this is further expected to create new opportunities for the panoramic sunroof market during the forecast period. Increasing demand for high-performance electric the vehicle is also expected to accelerate the market growth over the forecast period. Scope of Global Automotive Panoramic Sunroof Market
