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Automotive Convertible Roof System Market by Vehicle Type, Roof Type, and Geography - Forecast and Analysis 2020-2024 - Product Image

Automotive Convertible Roof System Market by Vehicle Type, Roof Type, and Geography - Forecast and Analysis 2020-2024

  • ID: 4871422
  • Report
  • November 2019
  • Region: Global
  • 153 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • Aisin Seiki Co. Ltd.
  • CIE Automotive SA
  • Continental AG
  • GAHH LLC
  • HOERBIGER Holding AG
  • Magna International Inc.
  • MORE
Global Automotive Convertible Roof System Market: About this market
The automotive convertible roof system market analysis considers sales from both soft top and hard roof top. Our study also finds the sales of automotive convertible roof system in APAC, Europe, MEA, North America, and South America. In 2019, the soft top segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing demand for EVs will play a significant role in the soft top segment to maintain its market position. Also, our global automotive convertible roof system market report looks at factors such as growing demand for convertible feature in utility vehicles, power-folding convertible roof system leading to superior performance, and rising number of high-net-worth individuals. However, high cost associated with automotive convertible roof system, safety and security concerns associated with convertible roof system, and growing popularity of panoramic sunroof may hamper the growth of the automotive convertible roof system industry over the forecast period.

Global Automotive Convertible Roof System Market: Overview

Growing demand for convertible feature in utility vehicles
Utility vehicles are contributing significantly to the global demand for automotive convertible roof systems. Popular OEMs in the large SUV category are offering convertible roof as a standard or optional fitment. In addition, the growing demand for an open-air driving experience among consumers is also fostering the demand for utility vehicles. The aftermarket fitment of automotive convertible roof systems in SUVs including crossover and pickup trucks is also driving market growth. Thus, the growing demand for convertible feature in modern utility vehicles will lead to the expansion of the global automotive convertible roof system market at a CAGR of over 6% during the forecast period.

Development of innovative panel convertible top
Automakers across the globe are developing and testing advanced technologies for improving the performance of convertible cars. Some of the leading OEMs are developing innovative lightweight convertible panel tops made of magnesium. These convertible roof systems give complete insulation to the occupants when the roof is closed. In addition, the deployment of lightweight convertible roof systems in convertible cars also enhances their performance and visual aesthetics. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global automotive convertible roof system market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive convertible roof system manufacturers, that include Aisin Seiki Co. Ltd., CIE Automotive SA, Continental AG, GAHH LLC, HOERBIGER Holding AG, Magna International Inc., Pininfarina Spa, Standex International Corp., Valmet Automotive Inc., and Webasto SE.

Also, the automotive convertible roof system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aisin Seiki Co. Ltd.
  • CIE Automotive SA
  • Continental AG
  • GAHH LLC
  • HOERBIGER Holding AG
  • Magna International Inc.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity
PART 08: MARKET SEGMENTATION BY VEHICLE TYPE (QUALITATIVE)
  • Segmentation by vehicle type
  • Luxury cars
  • Semi-luxury cars
PART 09: MARKET SEGMENTATION BY ROOF TYPE
  • Market segmentation by roof type
  • Comparison by roof type
  • Soft top - Market size and forecast 2019-2024
  • Hard top - Market size and forecast 2019-2024
  • Market opportunity by roof type
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Development of innovative panel convertible top
  • Convertible roof system to gain popularity in EVs
  • Growing availability of care and protection products for convertible
  • roof system
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Aisin Seiki Co. Ltd.
  • CIE Automotive SA
  • Continental AG
  • GAHH LLC
  • HOERBIGER Holding AG
  • Magna International Inc.
  • Pininfarina Spa
  • Standex International Corp.
  • Valmet Automotive Inc.
  • Webasto SE
PART 15: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global auto parts and equipment market
Exhibit 02: Segments of global auto parts and equipment market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendors: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Customer landscape
Exhibit 19: Market share by geography 2019-2024 (%)
Exhibit 20: Geographic comparison
Exhibit 21: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 22: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 23: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 24: North America - Year-over-year growth 2020-2024 (%)
Exhibit 25: APAC - Market size and forecast 2019-2024 ($ millions)
Exhibit 26: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 27: South America - Market size and forecast 2019-2024 ($ millions)
Exhibit 28: South America - Year-over-year growth 2020-2024 (%)
Exhibit 29: MEA - Market size and forecast 2019-2024 ($ millions)
Exhibit 30: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 31: Key leading countries
Exhibit 32: Market opportunity
Exhibit 33: Roof type - Market share 2019-2024 (%)
Exhibit 34: Comparison by roof type
Exhibit 35: Soft top - Market size and forecast 2019-2024 ($ millions)
Exhibit 36: Soft top - Year-over-year growth 2020-2024 (%)
Exhibit 37: Hard top - Market size and forecast 2019-2024 ($ millions)
Exhibit 38: Hard top - Year-over-year growth 2020-2024 (%)
Exhibit 39: Market opportunity by roof type
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: Aisin Seiki Co. Ltd. - Vendor overview
Exhibit 47: Aisin Seiki Co. Ltd. - Business segments
Exhibit 48: Aisin Seiki Co. Ltd. - Organizational developments
Exhibit 49: Aisin Seiki Co. Ltd. - Geographic focus
Exhibit 50: Aisin Seiki Co. Ltd. - Segment focus
Exhibit 51: Aisin Seiki Co. Ltd. - Key offerings
Exhibit 52: CIE Automotive SA - Vendor overview
Exhibit 53: CIE Automotive SA - Business segments
Exhibit 54: CIE Automotive SA - Organizational developments
Exhibit 55: CIE Automotive SA - Geographic focus
Exhibit 56: CIE Automotive SA - Key offerings
Exhibit 57: Continental AG - Vendor overview
Exhibit 58: Continental AG - Business segments
Exhibit 59: Continental AG - Organizational developments
Exhibit 60: Continental AG - Geographic focus
Exhibit 61: Continental AG - Segment focus
Exhibit 62: Continental AG - Key offerings
Exhibit 63: GAHH LLC - Vendor overview
Exhibit 64: GAHH LLC - Product segments
Exhibit 65: GAHH LLC - Organizational developments
Exhibit 66: GAHH LLC - Key offerings
Exhibit 67: HOERBIGER Holding AG - Vendor overview
Exhibit 68: HOERBIGER Holding AG - Business segments
Exhibit 69: HOERBIGER Holding AG - Organizational developments
Exhibit 70: HOERBIGER Holding AG - Segment focus
Exhibit 71: HOERBIGER Holding AG - Key offerings
Exhibit 72: Magna International Inc. - Vendor overview
Exhibit 73: Magna International Inc. - Business segments
Exhibit 74: Magna International Inc. - Organizational developments
Exhibit 75: Magna International Inc. - Geographic focus
Exhibit 76: Magna International Inc. - Segment focus
Exhibit 77: Magna International Inc. - Key offerings
Exhibit 78: Pininfarina Spa - Vendor overview
Exhibit 79: Pininfarina Spa - Business segments
Exhibit 80: Pininfarina Spa - Organizational developments
Exhibit 81: Pininfarina Spa - Geographic focus
Exhibit 82: Pininfarina Spa - Segment focus
Exhibit 83: Pininfarina Spa - Key offerings
Exhibit 84: Standex International Corp. - Vendor overview
Exhibit 85: Standex International Corp. - Business segments
Exhibit 86: Standex International Corp. - Organizational developments
Exhibit 87: Standex International Corp. - Geographic focus
Exhibit 88: Standex International Corp. - Segment focus
Exhibit 89: Standex International Corp. - Key offerings
Exhibit 90: Valmet Automotive Inc. - Vendor overview
Exhibit 91: Valmet Automotive Inc. - Business segments
Exhibit 92: Valmet Automotive Inc. - Organizational developments
Exhibit 93: Valmet Automotive Inc. - Key offerings
Exhibit 94: Webasto SE - Vendor overview
Exhibit 95: Webasto SE - Business segments
Exhibit 96: Webasto SE - Organizational developments
Exhibit 97: Webasto SE - Geographic focus
Exhibit 98: Webasto SE - Segment focus
Exhibit 99: Webasto SE - Key offerings
Exhibit 100: Validation techniques employed for market sizing
Exhibit 101: Definition of market positioning of vendors

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aisin Seiki Co. Ltd.
  • CIE Automotive SA
  • Continental AG
  • GAHH LLC
  • HOERBIGER Holding AG
  • Magna International Inc.
  • MORE
The following companies as the key players in the global automotive convertible roof system market: Aisin Seiki Co. Ltd., CIE Automotive SA, Continental AG, GAHH LLC, HOERBIGER Holding AG, Magna International Inc., Pininfarina Spa, Standex International Corp., Valmet Automotive Inc., and Webasto SE.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the development of innovative panel convertible top.”

According to the report, one of the major drivers for this market is the growing demand for convertible feature in utility vehicles.

Further, the report states that one of the major factors hindering the growth of this market is the safety and security concerns associated with convertible roof system.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Aisin Seiki Co. Ltd.
  • CIE Automotive SA
  • Continental AG
  • GAHH LLC
  • HOERBIGER Holding AG
  • Magna International Inc.
  • Pininfarina Spa
  • Standex International Corp.
  • Valmet Automotive Inc.
  • Webasto SE.
Note: Product cover images may vary from those shown
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