Convertible Roof System Market 2022-2028

Description

List of Tables

Title:Global Convertible Roof System Market Size, Share & Trends Analysis Report by Roof Top Type (Hard Top, and Soft Top), by Roof Material, (Polyvinyl Chloride, Carbon Fiber, and Aluminum), and by Vehicle Type (Hatchback, Sedan, and Sports Utility Vehicle) Forecast Period (2022-2028).

The global convertible roof system market is anticipated to grow at a substantial CAGR of 3.9% during the forecast period. One of the major factors that are fueling the market is the aesthetic appeal of the vehicle which appeals most to the consumers. A convertible rooftop vehicle is unique and has the ability to isolate the passengers from the outer environment by covering it and giving a fully open environment experience while driving. This gives the vehicle a very luxurious, and stylish look that gets a lot of attention.

The global convertible roof system market is segmented based on the roof top type, roof material, and vehicle type. Based on the roof top type, the market is segmented into a hard top and a soft top. Based on the roof material, the market is sub-segmented into polyvinyl chloride (PVC), carbon fiber, and aluminum. Based on the vehicle type, the market is segmented into hatchback, sedan, and sports utility vehicle (SUV). Based on roof top type, the soft top holds the major share in the market owing to the cheaper, and improved qualities of material which makes it much more affordable to the consumers.

Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. Europe holds the major share in the convertible roof system market owing to the presence of multiple developed countries such as Germany, Italy, The UK, and others which have major market players of the convertible vehicles such as Mercedes, Audi, and others.

The major companies serving the global Convertible Roof System market include Continental Automotive GmbH, Magna International Inc., THE HAARTZ CORP., U-Shin Ltd., Webasto SE, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2021, Webasto SE announced the multiple innovations which were developed in collaboration with startups at the Startup Autobahn exhibition. The company showed an automotive roof's integrated dynamic lighting concept with design LED, a specialist in thin and flexible LED lighting. Both the companies made prototypes for convertible roof systems with light tiles.

Research Methodology

The market study of the global convertible roof system market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Convertible Roof System Market Research and Analysis by Roof Top type
Global convertible roof system Market Research and Analysis by Roof Material
Global convertible roof system Market Research and Analysis by Vehicle Type

The Report Covers:

Comprehensive research methodology of the global convertible roof system market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global convertible roof system market.
Insights about market determinants that are stimulating the global convertible roof system market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026893

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Convertible Roof System Market
Recovery Scenario of Global Convertible Roof System Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Continental Automotive GmbH
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Magna International Inc.
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. THE HAARTZ CORP.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. U-Shin Ltd.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Webasto SE
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Convertible Roof System Market by Roof Top Type
- 4.1.1. Hard Top
- 4.1.2. Soft Top
4.2. Global Convertible Roof System Market by Roof Material
- 4.2.1. Polyvinyl Chloride (PVC)
- 4.2.2. Carbon Fiber
- 4.2.3. Aluminum
4.3. Global Convertible Roof System Market by Vehicle Type
- 4.3.1. Hatchback
- 4.3.2. Sedan
- 4.3.3. Sports Utility Vehicle (SUV)

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Aisin Seiki Co.
6.2. GAHH, LLC.
6.3. HOERBIGER
6.4. Pininfarina S. p. A.
6.5. Standex International Corp.
6.6. Valmet Automotive Inc.