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Global Automotive Roof System Market Size, Share, Forecast: By Type: Sunroof System, Panorama Roof System, Multi-Optional Roof System, Solar Roof System, Convertible Roof System; By Material: Steel, Aluminium, Polycarbonate, Fibre-Plastic Composite; By Vehicle Type; By Sales Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Automotive Roof System Market Outlook
The global automotive roof system market size reached a value of approximately USD 31.45 billion in 2023. The market is further projected to grow at a CAGR of 5.3% between 2024 and 2032, reaching a value of USD 50.06 billion by 2032.
Key Trends in the Market
Automotive roof system refers to the shading components provided on the top of the car to allow the passage of fresh air and sunlight and provide protection to the occupants of the vehicle. Various types of automotive roof systems are available in the market including convertible roof systems and solar roof systems, among others.
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- Rising disposable incomes and growing population are increasing the demand for premium vehicles across the globe, leading to the growth of the automotive sector, which is ultimately resulting in increased requirement for automotive roof systems.
- Decreasing interest rates on vehicle loans along with the introduction of customised schemes makes financing of vehicles convenient and accessible for the global population, allowing more consumers to purchase vehicles with automotive roof systems.
- The advancements in automotive roof systems, such as development of foldable roof designs and convertible rooftop designs in premium vehicles, are attracting various consumers towards the product, fuelling the automotive roof system market demand.
Market Analysis
Based on type, the market is segmented into sunroof system, panorama roof system, multi-optional roof system, solar roof system, and convertible roof system, among others. On the basis of material, the market is divided into steel, aluminium, polycarbonate, fibre-plastic composite, and glass-plastic composite.
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By vehicle type, the market is categorised into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Based on sales channel, the market is bifurcated into OEM and aftermarket. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive roof system market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Webasto SE
- Magna International Inc.
- Valmet Automotive Plc
- Inalfa Roof Systems Group B.V.
- AAS Automotive s.r.o.
- ALUPROF Aluminiumprofile GmbH
- BOS GmbH & Co. KG
- The Haartz Corporation
- Standex International Corporation
- CIE Automotive S.A.
- Yachiyo Industry Co., Ltd.
- Others
Market Share by Type
The sunroof system segment is expected to hold a large share of the automotive roof system market as it not only adds to the aesthetic appeal of the vehicle but also has functional value. Passengers can control the amount of sunlight and fresh air that enters the vehicle’s passenger compartment, making the ride comfortable for everyone traveling. Additionally, the sun roof system provides an excellent view of the sky making the journey enjoyable for the passengers.
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Market Share by Region
The Asia Pacific is anticipated to account for a significant automotive roof system market share owing to the increasing disposable income and rising demand for luxury vehicles. Countries such as China and India are contributing significantly to the growth of the market in the region owing to the changing lifestyle of consumers, among other factors. Subsidies provided by the Chinese government have increased the sales of electric vehicles in the country and are expected to boost the requirement for automotive roof systems over the forecast period.
Competitive Landscape
Webasto SE was founded in 1901 and is headquartered in Stockdorf, Germany. The company manufactures and distributes sunroofs, air conditioning systems, and electric car chargers, among other components to the mobility sector.
Magna International Inc. is an automotive parts manufacturing company that was founded in 1957. It is headquartered in Aurora, Canada and is known for providing body exteriors and structures and seating systems, among other vehicle solutions.
Valmet Automotive Plc was established in 1968 and has its headquarters located in Uusikaupunki, Finland. The automotive company is mainly involved in the development and production of battery systems along with other roof and kinetic systems.
Other players in the automotive roof system market include Inalfa Roof Systems Group B.V., AAS Automotive s.r.o., ALUPROF Aluminiumprofile GmbH, BOS GmbH & Co. KG, The Haartz Corporation, Standex International Corporation, CIE Automotive S.A., and Yachiyo Industry Co., Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Material |
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| Breakup by Vehicle Type |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Roof System Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Roof System Historical Market (2018-2023)
8.3 Global Automotive Roof System Market Forecast (2024-2032)
8.4 Global Automotive Roof System Market by Type
8.4.1 Sunroof System
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Panorama Roof System
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Multi-Optional Roof System
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Solar Roof System
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Convertible Roof System
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Automotive Roof System Market by Material
8.5.1 Steel
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Aluminium
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Polycarbonate
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Fibre-Plastic Composite
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Glass-Plastic Composite
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Automotive Roof System Market by Vehicle Type
8.6.1 Passenger Vehicles
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Light Commercial Vehicles
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Heavy Commercial Vehicles
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Automotive Roof System Market by Sales Channel
8.7.1 OEM
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Aftermarket
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Automotive Roof System Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Automotive Roof System Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Roof System Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Roof System Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Roof System Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Roof System Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Webasto SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Magna International Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Valmet Automotive Plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Inalfa Roof Systems Group B.V.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 AAS Automotive s.r.o.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ALUPROF Aluminiumprofile GmbH
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 BOS GmbH & Co. KG
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 The Haartz Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Standex International Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 CIE Automotive S.A.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Yachiyo Industry Co., Ltd.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Roof System Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Roof System Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Automotive Roof System Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Automotive Roof System Historical Market: Breakup by Material (USD Billion), 2018-2023
5. Global Automotive Roof System Market Forecast: Breakup by Material (USD Billion), 2024-2032
6. Global Automotive Roof System Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
7. Global Automotive Roof System Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
8. Global Automotive Roof System Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
9. Global Automotive Roof System Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
10. Global Automotive Roof System Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Automotive Roof System Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Automotive Roof System Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Automotive Roof System Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Automotive Roof System Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Automotive Roof System Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Automotive Roof System Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Automotive Roof System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Automotive Roof System Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Automotive Roof System Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Automotive Roof System Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Automotive Roof System Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Automotive Roof System Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 31.45 billion in 2023.
The market is projected to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 50.06 billion by 2032.
The major drivers of the market include the decreasing interest rate on vehicle loans, rising demand for comfortable vehicles for long journeys, and the growing automotive sector.
The key trends of the market include rising disposable income, availability of cars with advanced automotive roof systems, and changing lifestyles of consumers.
The various types of automotive roof systems include sunroof system, panorama roof system, multi-optional roof system, solar roof system, and convertible roof system, among others.
The major regions in the market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the market are Webasto SE, Magna International Inc., Valmet Automotive Plc, Inalfa Roof Systems Group B.V., AAS Automotive s.r.o., ALUPROF Aluminiumprofile GmbH, BOS GmbH & Co. KG, The Haartz Corporation, Standex International Corporation, CIE Automotive S.A., and Yachiyo Industry Co., Ltd., among others.
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