Electric Vehicle Panoramic Sunroof Market Synopsis
Electric Vehicle Panoramic Sunroof Market Size Was Valued at USD 377 Million in 2023 and is Projected to Reach USD 3,567.6 Million by 2032, Growing at a CAGR of 25.20% From 2024-2032.
- The market for electric vehicle panoramic sunroofs refers to sunroof systems that are designed for use in electric vehicles. These sunroofs are usually mounted along the entire length of the car’s roof and offer a clear and uninterrupted view of the sky. They are often built of glass and are operable to allow light and fresh air to come in. Factors like the rising environmental consciousness, favorable regulations and incentives, technological innovations that are making these sunroofs easier to access, and an overall increase in the demand for premium features in EVs boost the market’s growth.
- Some of the most important driving forces in the electric vehicle (EV) panoramic sunroof market are trends that are shaping the automotive industry. A crucial driver pushing the market is the growing demand for EVs with advanced features. The market for EVs has continued to increase due to the growing interest in sustainable mobility and the need to reduce emissions and mitigate climate change. To attract and position consumers within the marketplace, automobile manufacturers are including sumptuous features like panoramic sunroofs in their EV products.
- Also, government schemes and policies for the promotion of EVs are greatly facilitating the growth of the EV Panoramic Sunroofs market. Many countries around the world are implementing policies to fight against climate change and address emissions. To facilitate these efforts, they are offering grants, tax exemptions, and other incentives to promote the adoption of EVs. Therefore, this demand for more advanced features, including panoramic sunroofs, has prompted more people to buy EVs.
- Additionally, the development of technologies made the integration of panoramic sunroofs into the bodies of electric vehicles easier and cheaper for the manufacturers. Technical innovations in fabrication, design, and material strength have made panoramic sunroofs less expensive, lighter, and more durable – making their appeal more of a standard option for EV manufacturers looking to enhance the appearance of their cars.
Electric Vehicle Panoramic Sunroof Market Trend Analysis
Innovations Driving the Growth of Electric Vehicle Panoramic Sunroofs.
- There are several developments that are occurring in the market for electric vehicle panoramic sunroofs that are shaping its growth and evolution. To start with, there is a clear shift towards horizonal-oriented shapes which are larger and more futuristic due to the driving attitudes towards an airier and spacious environment in electric vehicles. Fueling this trend further are innovations in the glass industry that allow cars to be fitted with large sunroofs that offer greater visibility and enhanced design.
- One more tendency is the increasing attention to the energy efficiency and environmental friendliness of automobile design, including sunroofs. Solar panels are now being installed in electric vehicle panoramic sunroofs to help power auxiliary systems and are considered progressive solar panels.
- Furthermore, there is a rising trend in incorporating smart technology into panoramic sunroof models. These include features like automated sunshade control based on the strength of sunlight and the ability to interface with the connected vehicle systems to provide the driver with the latest information and option of controls.
Lucrative Opportunities in the Electric Vehicle Panoramic Sunroof Market.
- The market for electric vehicle panoramic sunroofs has some major opportunities for growth and improvement. There is a major opportunity as there is a rising trend of consumers opting for EVs with advanced features. As the consumption of EVs expands, consumers desire automobiles that provide environmental positive aspects in addition to providing a luxurious driving experience. From an aesthetic perspective, panoramic sunroofs can help enhance the overall attractiveness of an EV and make it more desirable to a wider audience of buyers.
- Another potential opportunity for the market for electric vehicle panoramic sunroofs is the rising consciousness concerning energy efficiency and sustainability. Due to increasingly strict legal emissions standards and government policies that encourage EV purchases, manufacturers are under tremendous pressure not only to manufacture vehicles that meet these standards and policies but also offer additional value to environmentally-conscious consumers. It is possible to position panoramic sunroofs as a sustainable feature because such roofs allow natural light to enter the car, which helps save energy for lighting.
Electric Vehicle Panoramic Sunroof Market Segment Analysis:
Electric Vehicle Panoramic Sunroof Market is segmented on the basis of Material type, and Vehicle Type.
By Material Type, Electric Vehicle Panoramic Sunroof Market segment is expected to dominate the market during the forecast period
- Glass sunroofs are an attractive and highly transparent type of roof that allows the inside of a car to be naturally lit up. They have the potential to enhance the overall driving experience by promoting an open and wide culture. Some glass sunroofs also have shading or tinting capability to control the amount of light and heat coming into the vehicle for added comfort.
- On the other hand fiber sunroofs which are often made of carbon fiber or fiberglass are known for their light weight and durability. In other words, fiber sunroofs can be as strong as glass sunroofs, which will help to reduce the overall weight of the vehicle, thus leading to better fuel economy and performance. Moreover, the manufacture of fiber sunroofs can be less cost-intensive in comparison to glass sunroofs, which makes fiber sunroofs attractive for manufacturers that plan to equip their electric vehicles with panoramic sunroofs as an optional or standard equipment.
- Both glass and fiber sunroofs have their own advantages and disadvantages and the choice between the two materials is often cost, design constraints, and consumer/automaker performance preferences.
By Vehicle Type, Electric Vehicle Panoramic Sunroof Market segment held the largest share in 2023
- The Electric Vehicle Panoramic Sunroof market includes sunroofs that are specially designed to address the specific requirements and features of different types of EV models, including Plug-In Hybrid Vehicles (PHEVs), Battery Electric Vehicles (BEVs), and Hybrid Electric Vehicles (HEVs).
- The PHEVs consist of a conventional internal combustion engine coupled with an electric propulsion system and a battery. Especially when operating in electric mode, panoramic sunroofs in PHEVs can contribute to the overall driving experience by symbolizing the openness of the environment around the vehicle. Thus, the sunroof can attract the target consumers, especially those who appreciate the environmentally friendliness of PHEVs due to the possibility of using both electric and conventional driving modes.
- Battery electric vehicles (BEVs) run solely on electricity stored in a battery. Panoramic sunroofs are particularly attractive for BEVs because they do not compromise the vehicle’s purely electric nature. Thus, the sunroof can be in harmony with the premium image that is often attached to BEVs as a means of improving the interior environment and thus the overall driving experience.
- An HEV has an internal combustion engine, an electric motor, and a battery where the electric motor acts as the main cooperator of the engine. As with PHEVs, panoramic sunroofs can add to the hybrid propulsion system in HEVs by offering vehicle occupants a connection to the great outdoors.
Electric Vehicle Panoramic Sunroof Market Regional Insights:
The Rapid Expansion of Panoramic Sunroofs in Asia-Pacific Electric Vehicles.
- The Asia-Pacific market for panoramic sunroofs for EVs is growing significantly due to a variety of factors. The growing popularity of EVs in the region due to environmental and political factors that encourage sustainable mobility is increasing the demands for luxury features like panoramic sunroof.
- China, Japan, and South Korea are at the forefront of EV adoption in the Asia-Pacific region due to favorable government policies and subsidies. Being major markets for electric vehicles, their well-established automotive industries further help the growth of the electric vehicle panoramic sunroof market in the region.
- Government incentives and consumer preference are among the factors driving the need for panoramic sunroofs in EVs. Panoramic sunroofs add to the feeling of luxury and lightness inside the car and enhance the feeling of driving a car. The rise of comfort and convenience features among Asia-Pacific automobile consumers will likely result in more demand for panoramic sunroofs in the future.
Active Key Players in the Electric Vehicle Panoramic Sunroof Market
- Gentex (U.S.)
- Adient (U.S.)
- Tesla (U.S.)
- Ford Motor Company (U.S.)
- General Motors (U.S.)
- Magna International (Canada)
- Jaguar Land Rover (U.K.)
- Webasto (Germany)
- Benteler Automotive (Germany)
- Volkswagen Group (Germany)
- BMW Group (Germany)
- Mercedes-Benz (Germany)
- CIE Automotive (France)
- Marelli (Italy)
- Stellantis (Netherlands)
- Volvo Cars (Sweden)
- Yanfeng Automotive Interiors (China)
- TS Tech (China)
- Hanon Systems (South Korea)
- Hyundai Motor Group (South Korea) Other Key Players
Key Industry Developments in the Electric Vehicle Panoramic Sunroof Market:
- June 2021: The company Webasto would install a beautiful panorama sliding sunroof in the upcoming Mercedes-Benz S-Class. The presence of two roof modules allows the driver and the rear seat passenger to independently and separately choose their preferable settings.
Electric Vehicle Panoramic Sunroof Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 590.9 Mn. |
Forecast Period 2024-32 CAGR: |
25.20 % |
Market Size in 2032: |
USD 3,567.6 Mn. |
Segments Covered: |
By Material Type |
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By Vehicle Type |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
Gentex(U.S.) Adient (U.S.) Tesla(U.S.) Ford Motor Company (U.S.)General Motors (U.S.) Magna International (Canada) Jaguar Land Rover (U.K.) Webasto (Germany) Benteler Automotive (Germany) Volkswagen Group (Germany) and Other Major Players. |
- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- ELECTRIC VEHICLE PANORAMIC SUNROOF MARKET BY MATERIAL TYPE (2017-2032)
- ELECTRIC VEHICLE PANORAMIC SUNROOF MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- GLASS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- FIBER
- ELECTRIC VEHICLE PANORAMIC SUNROOF MARKET BY VEHICLE TYPE (2017-2032)
- ELECTRIC VEHICLE PANORAMIC SUNROOF MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- PLUG-IN HYBRID VEHICLE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- BATTERY ELECTRIC VEHICLE
- HYBRID ELECTRIC VEHICLE
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Electric Vehicle Panoramic Sunroof Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- GENTEX (U.S.)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- ADIENT (U.S.)
- TESLA (U.S.)
- FORD MOTOR COMPANY (U.S.)
- GENERAL MOTORS (U.S.)
- MAGNA INTERNATIONAL (CANADA)
- JAGUAR LAND ROVER (U.K.)
- WEBASTO (GERMANY)
- BENTELER AUTOMOTIVE (GERMANY)
- VOLKSWAGEN GROUP (GERMANY)
- BMW GROUP (GERMANY)
- MERCEDES-BENZ (GERMANY)
- CIE AUTOMOTIVE (FRANCE)
- MARELLI (ITALY)
- STELLANTIS (NETHERLANDS)
- VOLVO CARS (SWEDEN)
- YANFENG AUTOMOTIVE INTERIORS (CHINA)
- TS TECH (CHINA)
- HANON SYSTEMS (SOUTH KOREA)
- HYUNDAI MOTOR GROUP (SOUTH KOREA)
- COMPETITIVE LANDSCAPE
- GLOBAL ELECTRIC VEHICLE PANORAMIC SUNROOF MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Material Type
- Historic And Forecasted Market Size By Vehicle Type
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Electric Vehicle Panoramic Sunroof Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 590.9 Mn. |
Forecast Period 2024-32 CAGR: |
25.20 % |
Market Size in 2032: |
USD 3,567.6 Mn. |
Segments Covered: |
By Material Type |
|
|
By Vehicle Type |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
Gentex(U.S.) Adient (U.S.) Tesla(U.S.) Ford Motor Company (U.S.)General Motors (U.S.) Magna International (Canada) Jaguar Land Rover (U.K.) Webasto (Germany) Benteler Automotive (Germany) Volkswagen Group (Germany) and Other Major Players. |
Frequently Asked Questions :
The forecast period in the Electric Vehicle Panoramic Sunroof Market research report is 2024-2032.
Electric Vehicle Panoramic Sunroof Market Gentex (U.S.), Adient (U.S.), Tesla (U.S.), Ford Motor Company (U.S.), General Motors (U.S.), Magna International (Canada), Jaguar Land Rover (U.K.), Webasto (Germany), Benteler Automotive (Germany), Volkswagen Group (Germany), BMW Group (Germany), Mercedes-Benz (Germany), CIE Automotive (France), Marelli (Italy), Stellantis (Netherlands), Volvo Cars (Sweden), Yanfeng Automotive Interiors (China), TS Tech (China), Hanon Systems (South Korea), and Hyundai Motor Group (South Korea).Webasto (Germany) and Other Major Players.
The Electric Vehicle Panoramic Sunroof Market is segmented By Material Type(Glass, Fiber) ,By Vehicle Type (Plug-In Hybrid Vehicle (PHEV), Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The market for electric vehicle panoramic sunroofs consists of sunroof systems that are specifically engineered for electric vehicles (EVs). Typically extending along the length of the vehicle's roof, these sunroofs provide an expansive and unobstructed panorama of the sky. They are frequently constructed from glass and are operable to admit light and fresh air. Increasing environmental consciousness, favorable regulations and incentives, technological advancements that make these sunroofs more accessible, and rising consumer demand for premium features in EVs all contribute to the market's growth.
Electric Vehicle Panoramic Sunroof Market Size Was Valued at USD 377 Million in 2023 and is Projected to Reach USD 3,567.6 Million by 2032, Growing at a CAGR of 25.20% From 2024-2032.