Convertible Roof System Market Size by Roof Top Type: Market Analysis Report, Forecast 2020-2030
The Global Convertible Roof System Market is expected to grow by 2025 at a CAGR of 7.37%.
An automotive convertible roof system may be a sort of form stylishness of a vehicle which include of changeable pieces. A convertible car is beneficial in exchanging between an indoor one and open-air mode. An automotive convertible roof system also consists of a hardtop and soft top, which is useful in providing a sporty design to the vehicle. These convertible roof systems are automatic by environment since transported sensors play a big role in achieving push and pull operations. Automated operations were earlier utilized in older convertible cars to realize pull and push operations. Convertible roof system market is determined by increase in demand for normal vehicles and rise in consumer preference for convertible roof systems in automotive. Additionally, the market is prejudiced by advances in sensor technology and ongoing innovations in material technology. Furthermore, increasing rate of automotive manufacturing is probably going to demand convertible roof systems resulting in a strong look and feel. Vehicles with convertible roof systems can run with or without a roof in situ. The techniques of retracting the roof vary between models. A convertible allows an open-air driving experience, with the power to supply a roof when required. Consumers prefer the classic and sporty look design of vehicles. Convertibles possess such features. Head room is another beneficial factor of the convertible. Without a roof and door frames, passenger probably ready to see more around. Therefore, greater visibility while travelling is feasible with support of convertibles. Most convertibles can easily be transformed back to a coupe or sedan with the push of a button, making it versatile. These factors are driving the convertible roof system market for automotive. Price and structural strength of the convertibles are key restraints of the convertible roof system market for automotive.
The global Convertible Roof System market is segregated on the basis of Roof Top Type as Soft Top and Hard Top. Based on Vehicle Type the global Convertible Roof System market is segmented in SUV, Sedan, Sedan, Additional Function, Protective Function, Storage Function, Loading and Transport Function, and Sales Function. Based on Roof System Components Type the global Convertible Roof System market is segmented in Roof Drive System, Other Roof System Component Types, and Roof Material.
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The global Convertible Roof System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Convertible Roof System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Pininfarina, Standex International, Hoerbiger, Haartz, Gahh Automotive, Webasto, Magna International, Valmet Automotive, Asiin Seiki, Continental, and others are among the major players in the global Convertible Roof System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Convertible Roof System Market has been segmented as below:
Convertible Roof System Market, By Roof Top Type
Soft Top
Hard Top
Convertible Roof System Market, By Vehicle Type
SUV
Sedan
Sedan
Additional Function
Protective Function
Storage Function
Loading and Transport Function
Sales Function
Convertible Roof System Market, By Roof System Components Type
Roof Drive System
Other Roof System Component Types
Roof Material
Carbon Fiber
Polyvinyl Chloride
Other Roof Materials
Convertible Roof System Market, By Region
North America
Europe
Asia-Pacific
Rest of the World
Convertible Roof System Market, By Company
Pininfarina
Standex International
Hoerbiger
Haartz
Gahh Automotive
Webasto
Magna International
Valmet Automotive
Asiin Seiki
Continental
The report covers:
Global Convertible Roof System market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Convertible Roof System market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Convertible Roof System market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Report Scope:
The global Convertible Roof System market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Convertible Roof System market share. Major industry players with significant revenue share include Pininfarina, Standex International, Hoerbiger, Haartz, Gahh Automotive, Webasto, Magna International, Valmet Automotive, Asiin Seiki, Continental, and others.
Reasons to Buy this Report:
Gain detailed insights on the Convertible Roof System industry trends
Find complete analysis on the market status
Identify the Convertible Roof System market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making
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