Convertible Roof System Market is anticipated to register a CAGR of over 6%, during the forecast period (2021 – 2027).
The convertible roof system is used on luxury and semi-luxury vehicles and can be controlled with or without a vehicle’s roof. The system allows an outdoor driving experience with the ability to provide a roof when needed.
Over the past three years (2016-2018), the automotive industry has consistently witnessed the spread of convertible roof systems in various car models, including hatchbacks, SUVs, and sedans. During the forecast period, the SUV’s convertible roof system is likely to witness significant growth as few automakers plan to sell SUV models with a convertible roof feature in several countries.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
- Webasto
- Magna International
- Valmet Automotive
- Asiin Seiki
- Continental
- Pininfarina
- Standex International
- Hoerbiger
- Haartz
- Gahh Automotive
By the product type, the market is primarily split into
- Hardtop
- Soft Top
By the end users/application, this report covers the following segments
- Sedan/Hatchback
- SUV
- Roadster/Sports Car
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 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Convertible Roof System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Convertible Roof System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Convertible Roof System market.
• The market share of the global Convertible Roof System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Convertible Roof System market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Convertible Roof System market.
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