Global Sunroof Glass Market

Sunroof Glass Market Size, Share, Growth Analysis, By Sunroof Type(Panoramic Sunroof, Pop-up Sunroof), By Glass Type(Tempered Glass, Laminated Glass) - Industry Forecast 2024-2031

Report ID: SQMIG25AG2016 | Region: Global | Published Date: March, 2024
Pages: 223 | Tables: 65 | Figures: 77

Sunroof Glass Market Insights

Global Sunroof Glass Market size was valued at USD 6.95 billion in 2022 and is poised to grow from USD 7.79 billion in 2023 to USD 19.46 billion by 2031, growing at a CAGR of 12.12% during the forecast period (2024-2031).

In July 2021, AGC Inc., a leading glass manufacturer, announced its plan to invest EUR 5.5 million in its sunroof glass production facility in Belgium to meet the growing demand for sunroof glass in Europe. The purpose of the global sunroof glass market is to cater to the increasing demand for sunroof-equipped vehicles by providing high-quality glass panels that meet the safety, performance, and aesthetic requirements of the automotive industry. For Instance, May 2021 - Saint-Gobain Sekurit, a global automotive glass supplier, announced an investment of EUR 25 million in its sunroof glass production plant in Germany to expand its capacity and improve production capabilities. Sunroofs are considered a luxury feature in vehicles, providing an enhanced driving experience and improved comfort to passengers. Sunroof glass is designed to provide clear visibility, protection against external elements, and structural integrity to ensure the safe and reliable operation of sunroofs in vehicles.

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Sunroof Glass Market size was valued at USD 6.95 billion in 2022 and is poised to grow from USD 7.79 billion in 2023 to USD 19.46 billion by 2031, growing at a CAGR of 12.12% during the forecast period (2024-2031).

companies actively engage in product innovation, research and development, mergers and acquisitions, and strategic partnerships to gain a competitive edge in the market. They also focus on expanding their geographic presence, improving manufacturing capabilities, and meeting the evolving demands of customers in terms of quality, performance, and sustainability. 'Saint-Gobain (France)', 'AGC Inc. (Japan)', 'Webasto Group (Germany)', 'NSG Group (Japan)', 'Xinyi Glass Holdings Limited (China)', 'Fuyao Glass Industry Group Co., Ltd. (China)', 'Nippon Sheet Glass Co., Ltd. (Japan)', 'Guardian Industries (U.S.)', 'Central Glass Co., Ltd. (Japan)', 'Asahi Glass Co., Ltd. (Japan)', 'Corning Incorporated (U.S.)', 'Vitro, S.A.B. de C.V. (Mexico)', 'Euroglas GmbH (Germany)', 'Pilkington Group Limited (U.K.)', 'Carlex Glass America, LLC (U.S.)', 'Sisecam Group (Turkey)', 'Hammerglass AB (Sweden)', 'HanGlas Co., Ltd. (South Korea)', 'JN Phillips Auto Glass (U.S.)', 'Pacific Industrial Co., Ltd. (Japan)', 'Sunglory Glass Group (China)', 'Glastron, Inc. (U.S.)'

Advancements in sunroof glass technology, such as improved safety features, lightweight materials, and customizable designs, are driving the adoption of sunroofs in vehicles, as manufacturers are able to offer innovative and high-performance sunroof glass solutions.

The growing adoption of electric and hybrid vehicles is driving the demand for larger sunroofs to compensate for the lack of engine noise and emissions, providing a more enjoyable and open driving experience for passengers.

The CAGR for the sunroof glass market in Asia-Pacific was estimated to be around 8% in 2021. The increasing disposable incomes, changing lifestyle preferences, and growing urbanization have led to a rising demand for sunroof-equipped vehicles in the region. Additionally, the expansion of automobile manufacturing facilities, investments in research and development, and technological advancements in sunroof glass manufacturing have further boosted the market growth.

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Global Sunroof Glass Market

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