Market Overview:
The Global Electric Vehicle Panoramic Sunroof Market Size Was Valued at USD 376 million In 2022 And Is Projected to Reach USD 2,284.53 million By 2030, Growing at A CAGR of 25.3% From 2023 To 2030.
The automotive panoramic sunroof market is experiencing growth due to the rising popularity of expansive sunroofs that offer enhanced views and a sense of openness in electric vehicles. These sunroofs, whether made of a single panel or multiple panels, provide a larger opening compared to traditional sunroofs. They allow passengers in both the front and rear seats to enjoy natural light and fresh air. However, challenges such as high integration and maintenance costs, as well as limited adoption in lower-segment vehicles, exist. Nevertheless, opportunities are emerging with the increasing adoption of solar sunroofs in electric vehicles and the overall growth in automotive sales. This presents promising prospects for key players in the electric vehicle panoramic sunroof market.
Top Key Players for Electric Vehicle Panoramic Sunroof Market:
- Webasto (Germany)
- Inalfa (Netherlands)
- Inteva (United States)
- Yachiyo (Japan)
- CIE Automotive (Spain)
- Aisin Seiki (Japan)
- Mobitech (South Korea)
- DONGHEE (South Korea)
- Wanchao (China) and Other Major Players
Market Dynamics and Factors:
The rising demand for compact and midsize electric SUVs with a sunroof option is a significant driver of the electric vehicle panoramic sunroof market. As electric SUVs gain popularity among consumers, there is a growing preference for vehicles that offer a spacious and open cabin experience. The inclusion of a panoramic sunroof in these compact and midsize electric SUVs enhances the overall aesthetics and creates a sense of luxury. Moreover, panoramic sunroofs provide an unobstructed view, allowing occupants to enjoy natural light, fresh air, and an enhanced driving experience. As a result, automakers are increasingly incorporating panoramic sunroofs as an option in their electric SUV models to meet the evolving preferences of consumers. This growing demand for compact and midsize electric SUVs with a sunroof option is driving the expansion of the electric vehicle panoramic sunroof market.
The increasing adoption of solar sunroof technologies in luxury EVs presents a significant opportunity for the electric vehicle panoramic sunroof market. Luxury electric vehicle manufacturers are incorporating solar panels into their sunroof systems, enabling the capture of solar energy to power various vehicle functions and reduce reliance on the power grid. This integration enhances the energy efficiency and sustainability of luxury EVs, aligning with consumer preferences for eco-friendly solutions. With the growing demand for luxury EVs and the emphasis on advanced technologies, the incorporation of solar sunroofs offers a compelling value proposition and opens up new avenues for growth in the electric vehicle panoramic sunroof market.
The Report Will Include a Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
Key Industry Development:
- In November 2022, Five newly launched cars with electric sunroofs in India under Rs 20 lakhs. Recognizing the growing demand, several automakers in India have started offering this appealing feature even in low-budget cars. This trend reflects the changing preferences of consumers who value the open and airy feel provided by a sunroof, regardless of the price range of the vehicle they choose.
- In October 2021, BYD (Build Your Dreams), the Chinese automaker, made its official entry into the Indian passenger vehicle market with the launch of the premium electric SUV called "BYD-ATTO 3." This marked BYD's debut in India and introduced the panoramic sunroof feature as part of the vehicle's offerings.
Electric Vehicle Panoramic Sunroof Market Report Highlight:
- By Material Type, Glass Segments hold a larger market share as compared to Fiber Type. Glass offers various advantages such as transparency, durability, and aesthetics, making it a popular choice for panoramic sunroofs in electric vehicles
- By Vehicle Type, Plug-in Hybrid vehicles (PHEV) hold a larger market share, Plug-in Hybrid Vehicles (PHEVs) are a specific type of hybrid electric vehicle that combines an internal combustion engine with an electric motor and a rechargeable battery pack.
- North America is expected to have the highest share of the Market. The region has seen increasing demand for EVs and related features, including panoramic sunroofs, as consumers seek a combination of sustainability, luxury, and advanced technology in their vehicles.
Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market roles, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Electric Vehicle Panoramic Sunroof Market.
Electric Vehicle Panoramic Sunroof Market Segmentation:
By Material Type
- Glass
- Fiber
By Vehicle Type
- Plug-in Hybrid Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
For this report, Introspective Market Research has segmented the Electric Vehicle Panoramic Sunroof Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
