Automotive Sunroof Motor Market : Overview
In 2020, the overall sales of the automotive sunroof motors witnessed a massive decline due to the Covid-19 crisis as lockdown was implemented and all the factorial units were closed which led the manufacturing companies to face immense losses. Now in 2021, the global manufacturers are giving entire focus on improving their sales and profitability through product innovations and upgrades.
Leading corporations including Robert Bosch, Denso Corp, Magna International Inc, Continental, ZF Friedrichshafen, Omron Corp, Dura Automotive systems, Preh GmbH and others are making high investments in the establishment of research institutes in different regions to come up with improvements in their offerings. They are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc to lead the global market for automotive sunroof motors with largest market share.
For instance, DURA automotive systems announced the addition of a new manufacturing facility in North America. The new site will house advanced robotics and focus on advancing technologies in order to create lightweight structures. This expansion will support DURA’s aim to support customers globally and cater to their vehicle transformation needs. In Terms of growth, North America holds the largest share in the global automotive sunroof market owing to the expansion in the automotive industry. Asia Pacific region is projected to grow prominently and show a high growth rate because of the prevalence of new manufacturers and increasing disposable income. Economic growth across Latin America and Middle East Asia and Africa contributes further to the automotive sunroof motors market growth.
Automotive sunroof motors Market: Overview
As function of most of the automotive sunroofs is carried out by various drives and motors, automotive sunroof motors are vital components for sunroof operations. The automotive sunroof motors can be either DC brushed motors or DC brushless motors. DC brushless motors are gaining more prominence as automotive sunroof motors on the account of small size, high output power and low noise operations than DC brushed motors.
Although, the feature was previously existing in premium cars, the implementation of sunroofs in mid-range segment cars is witnessing substantial increase as well. Moreover, penetration of sunroofs in commercial vehicles is also expected to create high growth virtues for the automotive sunroof motors market growth. The prominent for trend for integration of IoT is compelling automotive sunroof motors manufacturers towards providing products with higher efficiency and enhanced operations.
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Automotive sunroof motors Market: Dynamics
Demand for vehicles is increasing owing to rising population, leading to increase in the automotive production. Substantial developments in component material coupled with increasing number of pre-installed sunroofs are expected to positively influence the automotive sunroof motors market growth.
Increasing focus on implementation of motors with noiseless operation in premium vehicles coupled with advent of innovative technologies in the automotive designs are expected to fuel the growth in demand for automotive sunroof motors. Furthermore, manufacturers are investing on development of sunroofs with integration of IoT for automated operations. These activities are creating positive prospects for the growth of automotive sunroof motors market.
Higher installation cost and maintenance costs for sunroofs are the major factors expected to hamper the growth for automotive sunroof motors market. Furthermore, increased prices of vehicles along with higher costs required in design and testing are also anticipated to restrain the automotive sunroof motors market growth.
Impact of COVID-19 Crisis on Automotive sunroof motors market:
The ongoing crisis caused due to COVID-19 pandemic has made the struggle more severe for the already suffering automobile industry. As majority of the automotive OEMs have their high capacity manufacturing plants in China alone. Which, in turn, resulted in manufacturing plants shutdowns, supply chain disruptions for the key industry players.
Transport regulations are also another factor anticipated to have severe impacted by the COVID-19 crisis. Aforementioned factors are anticipated to create substantial decrease in the number of orders for OEM coupled with decrease in maintenance and repair activities for automotive. Which, in turn, is having negative impact on the automotive sunroof motors market.
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Automotive sunroof motors Market: Regional Outlook
North America is holds highest share in the global automotive sunroof motors market on the grounds of significant increase in the demand for passenger vehicles in the countries such as U.S. and Canada.
Asia Pacific is also expected to hold prominent share and witness highest growth rate in the global automotive sunroof motors market on the grounds of prevalence of large number of automotive manufacturers in the countries and increasing implementation of sunroofs in mid-range cars. The shift of automotive industry from Europe to countries like China, India, etc. is expected to create positive prospects for the automotive sunroof motors market growth during the forecast period.
The demand for automotive in Latin America and Middle East & Africa is projected witness remarkable growth on account of economic growth and increasing urbanization. Furthermore, persistently increasing number of premium segment vehicle sales in Middle Eastern countries is expected to bolster the growth for automotive sunroof motors market in the region.
Automotive sunroof motors Market: Key Market Participants
- Robert Bosch
- Denso Corp
- Magna International Inc
- ZF Friedrichshafen
- Omron Corp
- Dura Automotive systems
- Preh GmbH
The research report presents a comprehensive assessment of the Automotive sunroof motors market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to the automotive sunroof motors market segments such as geographies, product type, operation and application.
An Adaptive Approach to Modern-day Research Needs
The report covers exhaustive analysis on:
- Automotive sunroof motors Market Segments
- Automotive sunroof motors Market Dynamics
- Automotive sunroof motors Market Size
- Automotive sunroof motors Supply & Demand
- Automotive sunroof motors Current Trends/Issues/Challenges
- Automotive sunroof motors Competition & Companies involved
- Automotive sunroof motors Technology
- Automotive sunroof motors Value Chain
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The global automotive sunroof motors market report 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 global automotive sunroof motors market report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The global automotive sunroof motors market report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
Automotive sunroof motors Market: Segmentation
The global automotive sunroof motors market is segmented by motor type, sunroof type, vehicle type, and sales channel.
On the basis of motor type, the global automotive sunroof motors market can be segmented into:
- DC Brushed Motor
- DC Brushless Motor
On the basis of sunroof type, the global automotive sunroof motors market can be segmented into:
- Pop-up type
- Spoiler type
- Panoramic type
- Built-in type
On the basis of vehicle type, the global automotive sunroof motors market can be segmented into:
- Passenger Cars
- Hatchback Cars
- Sedan Cars
- Premium Cars
- Commercial Vehicles
On the basis of sales channel, the global automotive sunroof motors market can be segmented into:
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