Mexico Automotive Sunroof Market Size (2024 - 2029)

The Mexico Automotive Sunroof Market is experiencing growth driven by advancements in glass technology and an increasing demand for safety, comfort, and premium vehicles. Despite challenges such as high costs and added weight in electric vehicles, innovations in products and materials, along with the development of sunroof technologies, are expected to support market expansion. The integration of features like tinted or UV-reflective glasses in vehicles is also contributing to the increased demand for sunroofs, enhancing their appeal by reducing unwanted heat and sunlight exposure.

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Market Size of Mexico Automotive Sunroof Industry

Market_Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 10.00 %

Major Players

Mexico Automotive Sunroof Market Major Players

*Disclaimer: Major Players sorted in no particular order

Mexico Automotive Sunroof Market Analysis

The Mexico Automotive Sunroof Market is expected to register a CAGR of 10% during the forecast period, 2020-2025.

  • Owing to factors such as innovation in glass technology and rise in demand for safety, comfort, convenience features, rise in demand for premium cars, and better aesthetic appeal of the glass surface area in automobiles, including larger sunroofs, propel the growth of the automotive sunroof market.
  • However, sunroofs tend to be expensive and add extra weight with the addition of an electric vehicle. These factors are of some of the limitations hindering the growth of the market. However, product and material innovations, and the evolution of sunroof technologies will help market growth. To augment the demand for sunroofs, vehicles are now fitted with tinted or UV-reflective glasses, to avoid unwanted heat and sunlight.
  • According to the Mexican Association of the Automotive Industry (AMIA), the Mexican automotive production witnessed a 29% decline in June 2020 compared to the same period in 2019. However, this figure is a significant improvement compared to 98% and 94% declines in April and May in 2020.

Mexico Automotive Sunroof Industry Segmentation

The Mexico automotive sunroof market covers the current and upcoming trends with recent technological developments in the country. The report will provide a detailed analysis of different types of sunroofs developed in different vehicle types. The market share of significant players will be provided in the report.

Material Type
Glass
Fabric
Sunroof Type
Built-in Sunroof
Tilt and slide sunroof
Panoramic Sunroof
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Mexico Automotive Sunroof Market Size Summary

The Mexico Automotive Sunroof Market is experiencing significant growth, driven by advancements in glass technology and an increasing demand for safety, comfort, and convenience features in vehicles. The rising popularity of premium cars and the aesthetic appeal of larger sunroofs are key factors propelling market expansion. Despite challenges such as the high cost and added weight of sunroofs in electric vehicles, innovations in product materials and sunroof technologies are expected to bolster market growth. The introduction of tinted and UV-reflective glasses in vehicles aims to mitigate unwanted heat and sunlight, further enhancing the appeal of sunroofs. The market is also witnessing a shift in consumer demographics, with younger, trend-conscious buyers driving demand for top-end sedan models that often feature sunroofs as standard or optional.

The market landscape is characterized by the presence of both international and regional players, including Aisin Seiki Co. Ltd., CIE Automotive SA, and Donghee Industrial Co. Ltd. Panoramic sunroofs, which are significantly larger than traditional ones, are gaining popularity, although they pose safety concerns such as shattering or ejection during accidents. In response, companies are developing safety innovations like panoramic sunroof airbags to enhance passenger protection. Notable developments include the launch of more affordable panoramic sunroofs by Renault HBC and Nissan Magnite, aimed at replacing regular sunroofs in SUVs. The market's growth trajectory is supported by these technological advancements and the increasing integration of sunroofs in various vehicle models.

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Mexico Automotive Sunroof Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porters Five Force Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Material Type

      1. 2.1.1 Glass

      2. 2.1.2 Fabric

    2. 2.2 Sunroof Type

      1. 2.2.1 Built-in Sunroof

      2. 2.2.2 Tilt and slide sunroof

      3. 2.2.3 Panoramic Sunroof

Mexico Automotive Sunroof Market Size FAQs

The Mexico Automotive Sunroof Market is projected to register a CAGR of greater than 10% during the forecast period (2024-2029)

Aisin Seiki Co. Ltd., CIE Automotive SA, Donghee Industrial Co. Ltd., Inalfa Roof Systems Group BV and Webasto SE are the major companies operating in the Mexico Automotive Sunroof Market.

Mexico Automotive Sunroof Report Snapshots

Mexico Automotive Sunroof Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)