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Report updated on 11th September, 2021: Global Automotive Roof System Market 2021 (Includes Business Impact of COVID-19)Global Automotive Roof System Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global automotive roof system market report has been segmented on the basis of type, material, vehicle type, distribution channel, and region. Request Covid - 19 Impact The global Automotive Roof System market size was valued at USD$21.18 billion in 2020 and is projected to reach USD $43.02 billion by 2030 is anticipated to expand at a CAGR of 7.73% over the forecast period from 2020 to 2030.
Global Automotive Roof System Market: OverviewAn automotive roof is an integral part of an automobile, as it aids to protect passengers sitting in the car from rain, sunlight, wind and other environmental conditions. It also aids to add aesthetic value to automotive.
Global Automotive Roof System Market: DynamicsIncreasing demand for automobiles coupled with rising disposable income is one of the key factors expected to drive global market growth. Increasing inclination towards luxurious lifestyle, continuous product enhancements by manufacturers in passenger vehicles regarding technology, design and other aspects are some other factors expected to fuel demand for the automotive roof system. Moreover, manufacturers are also focusing on the minimalizing weight of automotive and hence using light-weight materials including polycarbonate and aluminium for production of vehicles, which is one of the major factors expected to support target market growth over the forecast period. However, the high cost associated with the installation of these roofing systems is a factor projected to hamper growth of the target market. In addition, low penetration of the convertible roof system in mid segment vehicles is another factor expected to challenge the target market growth.
Global Automotive Roof System Market: Segment AnalysisAmong type segments, the panorama roof system segment is expected to register significant growth, owing to its characteristic including better visual appearance and comfort. Among material segments, the polycarbonate segment is projected to account significant revenue share of the global market, owing to its properties including light-weight and durability. Among vehicle type segments, the utility vehicle segment is expected to register considerable growth owing to increasing adoption of these type vehicles for carrying minimal weight shipments which in turn expected increase demand for these vehicles. Among distribution channel segments, the aftermarket segment is projected to contribute a significant share of the target market, in terms of revenue, owing to the availability of ample variety and requirement specific automotive parts.
Global Automotive Roof System Market: Regional AnalysisEurope automotive roof system market is expected to dominate the global market, owing to the increasing demand for passenger vehicles. Moreover, the high disposable income of the population and inclination towards luxurious lifestyle are some other factors augment target market growth in this region. The market for automotive roof system in North America is expected to register substantial growth, owing to the increasing demand for light-weight vehicles. Moreover, the strong presence of leading automotive manufactures is a factor expected to create a huge demand for automotive roof system and hence expected to support revenue growth of the target market in the region. Asia Pacific automotive roof system market is projected to account significant growth, owing to the high demand for luxury vehicles. In addition, rapid urbanization, improved standard of living, and increasing demand for technologically advanced automotive and vehicle accessories among the urban population are some factors fueling growth of the target market in the region. Markets in Latin America and the Middle East are expected to register moderate growth over the forecast period.
Below are the active patents related to Automotive Roof System Market.Patent Number: US20130268163A1 Panoramic Roof Module for a Vehicle Abstract A panoramic vehicle sunroof system is provided. The panoramic sunroof system has a movable roof panel operable to define a sunroof opening extending generally from a front pillar to a rear pillar. A sunroof controller is configured to receive input indicative of vehicle speed and automatically control movement of the panel. The sunroof controller commands movement of the roof panel from a first open position to a second open position having an opening distance less than in the first position when speed exceeds a threshold. In the second position, wind noise is reduced. Application File Date: 2012-04-04 Application Granted Date: 2016-02-02 Current Assignee: Ford Global Technologies LLC Patent Number: US8511735B2 Panoramic roof apparatus for vehicle Abstract A panoramic roof apparatus for a vehicle may include a front roll blind and a rear roll blind that may be slidably mounted to a rail, a worm wheel gear coupled to a motor, first cables connected to both sides of the front roll blind respectively and disposed in parallel each other across the worm wheel gear, and second cables connected to both sides of the rear roll blind respectively and disposed in parallel each other across the worm wheel gear, wherein the first and second cables may be spaced in a predetermined distance along an axial direction of the worm wheel gear, and wherein the worm wheel gear selectively moves along the axial direction thereof and may be selectively engaged with and actuates the first cables or the second cables so as to individually open and close the front roll blind or the rear roll blind. Application File Date: 2011-07-13 Application Granted Date: 2013-08-20 Current Assignee: Hyundai Motor Co Patent Number: CN101780758B Sunroof system Abstract In a sunroof system (3) for a vehicle using a push-pull cable (22) for actuating a sunroof panel (4), the push-pull cable is received in a drive pipe (25), and a sunroof frame (12) is provided with a drive pipe retaining feature (16, 18). Therefore, the drive pipe may be made of flexible material, and firmly held in place by the pipe retaining feature even when the push-pull cable is subjected to significant tensile and compressive load. The pipe retaining feature may include a pipe retaining groove (16) for receiving the drive pipe and clips (18) for resiliently retaining the drive pipes in the pipe retaining groove. Application File Date: 2010-01-15 Application Granted Date: 2014-04-02 Current Assignee: YACHIDAI INDUSTRIES Co Ltd, Yachiyo Industry Co Ltd
Global Automotive Roof System Market Segmentation:Segmentation by Type:
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Automotive Roof System Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...