Convertible Roof System Market was valued at USD 1.14 Billion in 2017 and is projected to grow at a CAGR of 6%, during the forecast period, to reach USD 2.11 Billion by 2025.
Vehicles with a convertible roof system can run with or without the roof in place. The technique of retracting the roof varies from model to model. The convertible allows for an outdoor driving experience with the ability to provide a roof when needed.
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The convertible roof system market ecosystem consists of manufacturers such as Webasto (US), Magna International (Canada), and Valmet Automotive (Finland). Convertible roof systems are supplied to major OEMs in the automotive industry, including Toyota (Japan), General Motors (US), and Honda (Japan).
Global Convertible Roof System Market, by Rooftop Type
- Hardtop
- Soft Top
Global Convertible Roof System Market, by Material Type
- PVC
- Carbon Fiber
- Aluminum
- Others
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Scope of the Report
The research study analyzes the global Convertible Roof System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Convertible Roof System Market Report
1. What was the Convertible Roof System Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2026).
2. What will be the CAGR of Convertible Roof System Market during the forecast period (2019-2026)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2026).
4. Which manufacturer/vendor/players in the Convertible Roof System Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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