Report Code: A11394 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Oem Retractable Roof System Market
Request Now !OEM retractable roof system facilitates the flow of fresh air and sunlight inside a car without disturbing the aerodynamic of a vehicle. With the rapid increase in demand for premium vehicles, the demand for retractable roof system is also expected to boost in the near future. There has been a massive development with the introduction of various types of roof systems such as sunroof system, panorama roof system, panorama with sunroof system, multi-optional roof, roof system with solar technology, and others.
COVID-19 scenario analysis:
Increase in demand for premium vehicles and innovations in materials to drive the convertible roof system are expected to drive the growth of the market. Moreover, low penetration of convertible roof system in the mid-range segment of vehicles is estimated to restrain the growth of the market. Furthermore, increase in penetration of convertible roof system in SUVs is expected to provide lucrative opportunities for the market.
The OEM retractable roof system market trends are as follows:
Increase in demand for mid and premium range cars across the world boosts the growth of the global market. However, there is a rising demand for convertible automobiles in many developing countries due to their sporty looks. Furthermore, government policies on limitations of hazardous emissions are forcing key players to manufacture lightweight vehicles, thereby driving the market growth. Therefore, this is estimated to fuel the global automotive roof system market.
Changing lifestyle of individuals, including rising income and comfort is anticipated to drive the automotive roof system market across the globe. In addition, growing marketplace for MUV and SUV is expected to fuel the global automotive roof system market. However, considerable amount of growth is predicted within the aftermarket segment of the global automotive roof top system market.
Key benefits of the report:
Questions answered in the OEM retractable roof system market research report:
OEM Retractable Roof System Market Report Highlights
Aspects | Details |
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By Sales Channel |
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By Vehicle type |
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By Roof Type |
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By Material |
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By Region |
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Key Market Players | Covestro AG, AAS Automotive s.r.o., AISIN SEIKI Co. Ltd., Inalfa Roof Systems Group B.V, Webasto Group, BOS Group, Magna International Inc., ALUPROF Aluminum profile GmbH., Inteva Products, Valmet Automotive Inc. |
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