Global Automotive Panoramic Sunroof Market: Introduction
Automotive panoramic sunroof constitute a massive transparent space, primarily glass fitted into the vehicle roof or a combination of two extensive open-able roofs: one for the driver compartment and another for the passenger compartment, which allows only sunlight to pass inside the vehicle and offers an extensive surrounding view. Automotive panoramic sunroofs are quite popular among consumers and vehicle manufacturers, owing to their rich appearance and better performance. Luxury and exotic cars, along with top-end models of mid-range vehicles witness significant demand for automotive panoramic sunroofs.
Global Automotive Panoramic Sunroof Market: Competitive Landscape
- In October 2017, Hyundai Mobis presented the world’s first panorama sunroof with airbag system that prevents passenger injuries that may be caused by vehicle roof during accidents. It is a convenience feature that allows rear seated passengers to enjoy an open view of the vehicle. The panorama sunroof is manufactured from special tempered glass.
Established in 1901, Webasto is headquartered in Stockdorf, Germany. Webasto is a leading company engaged in the development, production, and supply of vehicle roofs and convertible roofs together with heating and cooling systems. The company is ranked among the top 100 leading suppliers to the automotive industry worldwide and operates through more than 50 locations with over 30 of these being manufacturing sites.
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Founded in 2008, Inteva Products is headquartered in Troy, Michigan, the U.S. Inteva Products offers engineered components and systems to the automotive industry. The company caters to 90 customers that include leading global automakers and regional OEMs of the world.
BOS GmbH & Co. KG
Established in 1910, BOS GmbH & Co. KG is headquartered in Ostfildern, Germany. The company develops and manufactures vehicle interior systems, such as luggage cover systems, sun protection systems, and panoramic roof systems. It operates through 21 locations in 12 countries spread across three continents. The company provides various products to car manufacturers based in Europe, the Americas, and Asia, along with commercial vehicle manufacturers worldwide.
Global Automotive Panoramic Sunroof Market: Dynamics
Improved Vehicle Appearance with Enhanced Visibility to Drive Global Market
Automotive panoramic sunroof is both fixed and openable, and enhances external and internal appearance of the vehicle. Automotive panoramic sunroofs offer enhanced brightness during the day time, which makes a vehicle’s interior appear more spacious. This factor is projected to drive the demand for automotive panoramic sunroofs in the near future.
High Demand for Automotive Panoramic Sunroofs
There is a surge in demand for automotive panoramic sunroofs, especially from young consumers. Moreover, growing preference for vehicles offering high comfort has propelled the adoption of automotive panoramic sunroofs, which enhance the interior of a vehicle. This is projected to drive the demand for automotive panoramic sunroofs in the near future.
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Global Automotive Panoramic Sunroof Market: Segmentation
In terms of type, the global automotive panoramic sunroof market can be classified into:
Based on material, the global automotive panoramic sunroof market can be bifurcated into:
On the basis of vehicle type, the global automotive panoramic sunroof market can be divided into:
- Passenger Vehicle
- Commercial Vehicle
Based on sales channel, the global automotive panoramic sunroof market can be segmented into:
The report on the global automotive panoramic sunroof market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.