Market Size of South Korea Automotive Sunroof Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South Korea Automotive Sunroof Market Analysis
The South Korea automotive sunroof market is expected to register a CAGR of over 5 % during the forecast period, 2020-2025.
A sunroof is often considered an additional feature in automobiles, which is available in fixed or operable (venting or sliding) openings, in an automobile roof. Sunroof, as a feature in automobiles, was installed way back in 1932, when Mercedes Benz offered the first car sunroof.
The trend of the sunroof as an optional feature has gradually changed as it is now a standard feature in most of the premium and luxury cars and in a few mid-segment cars. The first car company to offer sunroof as a standard option was the Nash Motor Company, which installed a sunroof in some of its 1937 models.
Product and material innovations, along with the timely evolution of sunroof technologies, have been helping market growth. To augment the demand for sunroofs, vehicles are now fitted with tinted or UV-reflective glasses, in order to avoid unwanted heat and sunlight. Companies, like Webasto, comply with the highest safety standards in their advanced headliner safety system. Optional rain sensors and enhanced electronic control systems are some of the improved features installed and appreciated in a sunroof system, currently.
South Korea Automotive Sunroof Industry Segmentation
The Japan Automotive Sunroof Market report covers a detailed study on the latest trends and innovations in the market which is Segmented by Material Type (Glass (Pop-Up Type, Built-in Type, Tilt 'n slide Type, Top Mount Type, Panoramic Type, Solar Type), Fabric (Fold-able Type, Removable Type) and Vehicle Type (Hatchback, Sedan Cars, Premium Cars and Others). Along with the major players, their strategies, innovations, technological advancements and financials are also covered in the report.
| Material Type | |
| Glass | |
| Fabric | |
| Others |
| Type | |
| Built-in Sunroof Systems | |
| Tilt'N Slide | |
| Panoramic |
| Vehicle Type | |
| Hatchback | |
| Sedan | |
| Sports Utility Vehicle |
South Korea Automotive Sunroof Market Size Summary
The South Korea automotive sunroof market is experiencing a notable transformation, with sunroofs evolving from optional features to standard inclusions in premium and luxury vehicles, as well as select mid-segment cars. This shift is driven by advancements in product and material innovations, alongside the evolution of sunroof technologies. The market is witnessing increased demand due to the integration of tinted and UV-reflective glasses, which enhance comfort by reducing unwanted heat and sunlight. Companies like Webasto are setting high safety standards with advanced headliner safety systems, while features such as optional rain sensors and enhanced electronic control systems are gaining appreciation. The growing adoption of sunroofs in vehicles, both in new models and the aftermarket, is expected to further propel market growth.
The glass sunroof segment is leading the market, benefiting from technological advancements that allow for the production of various types of glass, including tempered and laminated options, as well as UV-protective glass. This segment's dominance is attributed to its ability to offer better control over natural light and air ventilation compared to fabric sunroofs, which are declining in popularity. The market is consolidated, with major players like Webasto Group, Inalfa Roof Systems Group BV, and Inteva Products LLC dominating the landscape. These companies are focusing on acquiring smaller regional players to enhance their market penetration. Inalfa Roof Systems, in particular, has been active in expanding its global presence with new facilities and technical centers, further solidifying its position in the market.
South Korea Automotive Sunroof Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Material Type
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2.1.1 Glass
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2.1.2 Fabric
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2.1.3 Others
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2.2 Type
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2.2.1 Built-in Sunroof Systems
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2.2.2 Tilt'N Slide
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2.2.3 Panoramic
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2.3 Vehicle Type
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2.3.1 Hatchback
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2.3.2 Sedan
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2.3.3 Sports Utility Vehicle
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South Korea Automotive Sunroof Market Size FAQs
What is the current South Korea Automotive Sunroof Market size?
The South Korea Automotive Sunroof Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in South Korea Automotive Sunroof Market?
Aisin Seiki CO. Ltd., Inalfa Sunroof Systems Ltd., Yachio Industry Co. Ltd., Inveta Products LLC and Webasto are the major companies operating in the South Korea Automotive Sunroof Market.
