South America Automotive Sunroof Market Overview and Growth by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

South America Automotive Sunroof Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Slide-in Sunroof, Slide-out, Sunroof Panoramic Sunroof, and Pop-Up), Material (Fabric and Glass), and Application (Premium Cars, SUVs, and Sedan Cars)

Report Date : Sep 2020
Report Code : TIPRE00014155

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 89

Page Updated: Dec 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The automotive sunroof market in South America is expected to grow from US$ 566.33 million in 2019 to US$ 533.29 million by 2027; it is estimated to grow at a CAGR of 4.3% from 2020 to 2027.

Brazil and Argentina are major economies in South America. With rising sales of SUV, the demand for large panoramic sunroof is increasing at a prime growth rate for SUVs. The popularity of SUVs remains to grow in almost every market in the South America. The shift from sedan or hatchbacks to SUVs started 7 years ago and is still progressing strong. As sales of SUV are mounting at a greater rate compared to the other segments of cars indicates that masses preference is moving to the SUV segment. The Automotive manufacturers in South America witnessed the adoption of sunroofs in their car models owing to its rising popularity among customers backed by a rise in the disposable income of the individuals across different economic sections. However, the absence of incentives throughout the last few years is crippling the industry and embeds more restraint on the market. This corresponds with a drop in consumer spending capabilities.

Thus, due to escalating demand for SUVs and an increase in demand for improved visual aesthetics and enhanced traveling experience, Governments initiatives like Chile’s initiatives to attract more FDI and tax incentive program for manufacturers in Brazil which is South America’s biggest automotive market and growing middle-class income group, especially in several growing economies is expected to create a significant demand for automotive sunroof market in the coming years, which is further anticipated to drive the market in South America.

To control the outbreak of COVID-19 the governments across South America are enacting various imposition but, such impositions will affect revenue generation and anticipated growth opportunities. The COVID-19 outbreak will reduce economic activity in the manufacturing and service sectors for at least the next quarter, and is expected to rebound once the pandemic is contained in South America. By far, Brazil is the worst-hit country due to the virus followed by Ecuador, Chile, Peru, and Argentina, among others. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes in forth coming months.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America automotive sunroof market. The South America automotive sunroof market is expected to grow at a good CAGR during the forecast period. 13763-img1

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South America Automotive Sunroof Market Segmentation

South America Automotive Sunroof Market – By Type

Slide-In Sunroof
Slide-Out Sunroof
Panoramic Sunroof
Pop-up

South America Automotive Sunroof Market– By Material Type

Fabric
Glass

South America Automotive Sunroof Market – By Application

Premium Cars
SUV
Sedan Cars

South America Automotive Sunroof Market – By Country

Brazil
Argentina
Rest of South America

South America Automotive Sunroof Market -Companies Mentioned

ACS France SAS
AISIN SEIKI Co. Ltd
Corning Incorporated
Inalfa Roof Systems Group B.V.
Webasto Group

South America Automotive Sunroof Report Scope

Report Attribute	Details
Market size in 2019	US$ 566.33 Million
Market Size by 2027	US$ 533.29 Million
Global CAGR (2020 - 2027)	4.3%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Slide-in Sunroof Slide-out Sunroof Panoramic Sunroof Pop-Up By Material Fabric and Glass By Application Premium Cars SUVs Sedan Cars
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	ACS France SAS AISIN SEIKI Co. Ltd Corning Incorporated Inalfa Roof Systems Group B.V. Webasto Group

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the South America Automotive Sunroof Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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