North America Automotive Sunroof Market
North America, the automotive sunroof market is dominated by a handful of prominent international market players collectively dominating the North America market revenue as well as the volume of sunroof products featuring several leading automotive brands between them altogether. For instance, market players such as Webasto, Yachico, CIE Automotive (owns ACS France SAS and Inteva Products LLC), and Inalfa Roof Systems Group B.V among few others account for a significant share of the total market resulting in a consolidated automotive sunroof market. In 2019, the North America market witnessed a considerable decline owing to the outbreak of COVID-19 in China and subsequently turning into a North America pandemic by early 2020. In addition to this, the subsequent nation-wide lockdown following the widespread outbreak of the virus disease disrupted the automotive production capabilities as well as supply chain activities North America, virtually halting the demand from various automotive manufacturers and customers. Thus, the North America automotive sunroof market is expected to witness a significant decline in revenue generation owing to discontinued production across numerous production facilities North America in 2020. Furthermore, the stark decline in the present market demand is expected to have significantly impacted the market forecast for the coming years witnessing a slower market year-on-year growth for the coming few years.
Strategic insights for the North America Automotive Sunroof provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,135.00 Million |
| Market Size by 2027 | US$ 1,158.87 Million |
| Global CAGR (2020 - 2027) | 5.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Mount Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America Automotive Sunroof refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Automotive Sunroof market in North America was valued US$ 1,135.00 million in 2019 and is projected to reach US$ 1,158.87 million by 2027; it is expected to grow at a CAGR of 5.4% from 2020 to 2027. Moreover, the sunroof market leader Webasto has invested considerably in the past few years to set-up several production plants in the U.S. to capitalize on the anticipated upsurge in demand from the North American region. Thus, the primary significance of market attractiveness in the Chinese sunroof market has resulted in Webasto investing considerably in the country and is the major contributor to revenue for the company’s revenue share. Hence, the Asia-Pacific region is expected to power the overall growth of the sunroof market along with steady market growth from the North American and European regions during the forecast period.
In terms of type, the slide-in sunroof segment accounted for the largest share of the North American automotive sunroof market in 2019. In terms of material, the glass segment held a larger market share of the automotive sunroof market in 2019.
A few major primary and secondary sources referred to for preparing this report on the automotive sunroof market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 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 Sekurit, Sunny Enterprises, Webasto Group, and Yachiyo Industry Co. Ltd.
The North America Automotive Sunroof Market is valued at US$ 1,135.00 Million in 2019, it is projected to reach US$ 1,158.87 Million by 2027.
As per our report North America Automotive Sunroof Market, the market size is valued at US$ 1,135.00 Million in 2019, projecting it to reach US$ 1,158.87 Million by 2027. This translates to a CAGR of approximately 5.4% during the forecast period.
The North America Automotive Sunroof Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Automotive Sunroof Market report:
The North America Automotive Sunroof Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Automotive Sunroof Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Automotive Sunroof Market value chain can benefit from the information contained in a comprehensive market report.
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