Allied Market Research

2024

Oem Retractable Roof System Market

OEM Retractable Roof System Market Size, Share, Competitive Landscape and Trend Analysis Report by Sales Channel, by Vehicle type, by Roof Type and by Material : Global Opportunity Analysis and Industry Forecast, 2023-2032

AT : Automotive systems and accessories

Select an option
Author's: | Lalit Janardhan Katare
Publish Date:

Get Sample to Email

OEM Retractable Roof System Market Outlook 2027 -

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:

  • The pandemic has affected the automobile industry. The industry was already suffering from the last few months due to change in engine norms in many developing countries.
  • Companies have faced tremendous losses due to complete lockdown as the supply, sales, and demand were kept on hold for months.
  • The whole automotive value chain has been suffering as many countries are dependent on others for manufacturing.
  • “Just-in-Time” production, global networks, and lean inventory make the supply chain vulnerable to disruption.

Top impacting factors: Market scenario analysis, trends, drivers, and impact 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:

Increased demand for premium vehicles:

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.

Innovations in materials to drive the convertible roof system:

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:

  • This study presents the analytical depiction of the OEM retractable roof system market along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global OEM retractable roof system market share.
  • The current market is quantitatively analyzed to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the OEM retractable roof system market research report:

  • Which are the leading market players active in the OEM retractable roof system market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

OEM Retractable Roof System Market Report Highlights

Aspects Details
icon_5
By Sales Channel
  • OEM
  • After-market
icon_6
By Vehicle type
  • Passenger Cars
  • Light Commercial Vehicles
icon_7
By Roof Type
  • Hard-top Roof System
  • Soft-top Roof System
  • Retractable Roof System
  • Non-retractable Roof System
icon_8
By Material
  • Aluminum
  • Steel
  • Polycarbonate
icon_9
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
icon_10
Key Market Players

Covestro AG, Webasto Group, AISIN SEIKI Co. Ltd., BOS Group, Inteva Products, ALUPROF Aluminum profile GmbH., AAS Automotive s.r.o., Magna International Inc., Inalfa Roof Systems Group B.V, Valmet Automotive Inc.

Loading Table Of Content...

Individual sections of the reports are available for purchase.
Would you like to see a breakdown of prices by section?

OEM Retractable Roof System Market

Global Opportunity Analysis and Industry Forecast, 2023-2032