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Convertible Roof System Market by Rooftop (Hardtop, Soft Top), Vehicle Class (Luxury, Semi-Luxury), Body (Sedan, SUV, Roadster), EV (BEV, HEV, PHEV, FCEV), Material (PVC, Carbon Fiber, Aluminum), Propulsion (ICE, EV), and Region - Global Forecast to 2025

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Date: 09-Apr-2018
No. of pages: 138
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“Increasing sales of premium vehicles in developed regions and the growing demand for electric and hybrid vehicles across the globe to fuel the convertible roof system market.”

The global convertible roof system market is projected to grow at a CAGR of 6.77%, from 2018 to 2025, to reach USD 2.11 billion by 2025 from USD 1.33 billion in 2018. The major factors driving the growth of the market include advances in material technology and increasing consumer preference for convertible roof systems. On the other hand, difficulty in meeting government fuel efficiency norms and high costs of regular maintenance may pose challenges to the growth of the convertible roof system market.

“The SUV segment is estimated to grow at the fastest pace.”

The convertible roof system market for SUVs, by volume, is estimated to grow at the highest rate during the forecast period. The growth of the convertible roof system market can be attributed to the increased production and demand for SUVs across the globe.

“Increasing demand for premium vehicles and comfort features would drive the convertible roof system market in Europe.”

Europe is estimated to account for the largest share, by value and volume, of the convertible roof system market in 2018.Also, in terms of growth, the market in Asia Pacific is projected to grow at the highest CAGR, during the forecast period. Developing economies such as China and India are expected to play a major role in the increase in vehicle production in the region. Also, the increasing installation of convertible roof systems in vehicles such as SUVs and sedans/hatchbacks would drive the demand for convertible roof systems.  

The study contains insights of various industry experts, ranging from component suppliers to tier 1 companies and OEMs.

The break-up of the primaries is as follows:


  • By Company Type: Tier 1-42%, Tier 2-40%, OEM-18%

  • By Designation: C-level-57%, D-level-29%, Others-14%

  • By Region: North America-28%, Europe-27%, AsiaPacific-34%, RoW-11%


The major players profiled in the report are:


  • Webasto (US)

  • Magna International (Canada)

  • Valmet Automotive (Finland)

  • Aisin Seiki (Japan)

  • Continental (Germany)

  • Pininfarina (Italy)

  • Standex International (US)

  • Hoerbiger(Switzerland)

  • Haartz(US)

  • GAHH Automotive (US)


Research Coverage:

The report segments the convertible roof system market and forecasts its size, by volume and value, on the basis of region (Asia Pacific, Europe, North America, and RoW),electric vehicle type (BEV,HEV,PHEV, and FCEV), body style type (sedan/hatchback, SUV, and roadster/sports car), material type (PVC, carbon fiber, aluminum, and others), vehicle class type (luxury vehicles and semi-luxury vehicles), roof top type (hardtop and soft top), and propulsion type(ICE and EV).

Reasons to Buy the Report:

This report contains various levels of analyses, including industry analyses, competitive leadership mapping, and company profiles, which together offer the basic views on the emerging and high-growth segments of the convertible roof system market; high-growth regions and countries; government initiatives; and market dynamics such as drivers, restraints, opportunities, and challenges.

The report enables new entrants and smaller firms as well as established firms to understand the market better to help them acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their positions in the market.

The report provides insights into the following points:


  • Market Penetration: The report offers comprehensive information about the convertible roof system market and the top 10 players in the market.

  • Product Development/Innovation: The report provides detailed insights into upcoming technologies and new product launches in the convertible roof system market.

  • Market Development: The report analyzes the market for convertible roof systems across regions and provides comprehensive information about lucrative emerging markets.

  • Market Diversification: The report provides exhaustive information about new products, untapped regional markets, recent developments, and investments in the convertible roof system market.

Convertible Roof System Market by Rooftop (Hardtop, Soft Top), Vehicle Class (Luxury, Semi-Luxury), Body (Sedan, SUV, Roadster), EV (BEV, HEV, PHEV, FCEV), Material (PVC, Carbon Fiber, Aluminum), Propulsion (ICE, EV), and Region - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Factor Analysis
2.4.1 Demand-Side Analysis
2.4.1.1 Growth in Luxury Vehicle Sales
2.4.1.2 Increased Demand for Aesthetics
2.4.2 Supply-Side Analysis
2.4.2.1 Regulations Regarding Light-Weight Materials
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach
2.6 Market Breakdown and Data Triangulation
2.7 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Convertible Roof System Market
4.2 Market Share of Convertible Roof System Market, By Region
4.3 Convertible Roof System Market, By Material Type, 2018 vs 2025
4.4 Convertible Roof System Market, By Roof Top Type, 2018 vs 2025
4.5 Convertible Roof System Market, By Body Style Type, 2018 vs 2025
4.6 Convertible Roof System Market, By Vehicle Class Type, 2018 vs 2025
4.7 Convertible Roof System Market, By Electric Vehicle Type, 2018 vs 2025
4.8 Convertible Roof System Market, By Electric Vehicle Type, 2018 vs 2025

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Demand for Premium Segment Vehicles to Drive the Demand for Convertible Roof System
5.2.1.2 Innovations in Materials to Drive the Convertible Roof System Market
5.2.2 Restraints
5.2.2.1 Increasing Penetration of Panoramic Sunroof
5.2.2.1 Low Penetration of Convertible Roof System in Mid Segment Vehicles
5.2.3 Opportunities
5.2.3.1 Increasing Penetration of Convertible Roof System in SUV Across the Globe
5.2.4 Challenges
5.2.4.1 High Cost of Regular Maintenance
5.2.4.2 Difficulty in Coping Up With Government Fuel Efficiemcy Norms
5.3 Macro-Indicator Analysis
5.3.1 Premium Vehicle Sales as A Percentage of Total Sales
5.3.2 GDP (USD Billion)
5.3.3 GNI Per Capita, Atlas Method (USD)
5.3.4 GDP Per Capita Ppp (USD)
5.3.5 Macro Indicators Influencing the Convertible Roof System Market for Top 3 Countries
5.3.5.1 US
5.3.5.2 Germany
5.3.5.3 China

6 Convertible Roof System Market, By Material Type
6.1 Introduction
6.2 PVC
6.3 Carbon Fibre
6.4 Others

7 Convertible Roof System Market, By Roof Top Type
7.1 Introduction
7.2 Hardtop
7.3 Softtop

8 Convertible Roof System Market, By Vehicle Class Type
8.1 Introduction
9.2 Luxury Vehicles
9.3 Semi-Luxury Vehicles

9 Convertible Roof System Market, By Body Style Type
9.1 Introduction
9.2 Sedan/Hatchback
9.3 Sport Utility Vehicle (SUV)
9.4 Others

10 Convertible Roof System Market, By Electric Vehicle Type
10.1 Introduction
10.2 Battery Electric Vehicle (BEV)
10.3 Fuel Cell Electric Vehicle (FCEV)
10.4 Hybrid Electric Vehicle (HEV)
10.5 Plug-In Hybrid Vehicle (PHEV)

11 Convertible Roof System Market, By Propulsion Type
11.1 Introduction
11.2 Internal Combustion Engine (ICE)
11.3 Electric Vehicle (EV)

12 Convertible Roof System Market, By Region
12.1 Introduction
12.2 Asia Pacific
12.2.1 China
12.2.2 India
12.2.3 Japan
12.2.4 South Korea
12.3 Europe
12.3.1 France
12.3.2 Germany
12.3.3 Italy
12.3.4 Spain
12.3.5 UK
12.4 North America
12.4.1 Canada
12.4.2 Mexico
12.4.3 US
12.5 RoW
12.5.1 Brazil
12.5.2 Russia

13 Competitive Landscape
13.1 Introduction
13.2 Market Ranking Analysis
13.3 Who Supplies Whom: Top 3 Market Players
13.4 Competitive Situation & Trends
13.4.1 New Product Developments
13.4.2 Expansion

14 Company Profiles
14.1 Webasto
14.2 Magna International
14.3 Valmet Automotive
14.4 Asiin Seiki
14.5 Continental
14.6 Pininfarina
14.7 Standex International
14.8 Hoerbiger
14.9 Haartz
14.1 Gahh Automotive

15 Appendix
15.1 Key Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.4.1 Country-Wise Analysis of Convertible Roof System By Vehicle Class Type
15.4.2 Country-Wise Analysis of Convertible Roof System By Body Style Type
15.5 Related Reports
15.6 Author Details

List of Tables

Table 1 Currency Exchange Rates (Per USD)
Table 2 SUV Production in China, India, Japan, and Us, 2016–2016
Table 3 Global Electric Vehicle Sales Data, 2016 vs 2018
Table 4 Convertible Roof System Market Size, By Roof Top Type, 2016–2025 (‘000 Units)
Table 5 Convertible Roof System Market Size, By Roof Top Type, 2016–2025 (USD Million)
Table 6 Hardtop: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 7 Hardtop: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 8 Softtop: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 9 Softtop: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 10 Convertible Roof System Market Size, By Vehicle Class Type, 2016–2025 (‘000 Units)
Table 11 Convertible Roof System Market Size, By Vehicle Class Type, 2016–2025 (USD Million)
Table 12 Luxury Vehicles: Convertible Roof System Market Size, By Region, 2016–2025
Table 13 Semi-Luxury: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 14 Convertible Roof System Market Size, By Propulsion Type, 2016–2025 (‘000 Units)
Table 15 Convertible Roof System Market Size, By Propulsion Type, 2016–2025 (USD Million)
Table 16 Ice: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 17 Ice: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 18 EV: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 19 EV: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 20 Convertible Roof System Market Size, By Vehicle Type, 2016–2025 (‘000 Units)
Table 21 Convertible Roof System Market Size, By Vehicle Type, 2016–2025 (USD Million) 75
Table 22 Sedan/Hatchback: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 23 Sedan/Hatchback: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 24 Sport Utility Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 25 Sport Utility Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 26 Roadster/Sports Car: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 27 Others: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 28 Convertible Roof System Market Size, By Electric Vehicle Type, 2016–2025 (‘000 Units)
Table 29 Convertible Roof System Market Size, By Electric Vehicle Type, 2016–2025 (USD Million)
Table 30 Battery Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 31 Battery Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 32 Fuel Cell Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 33 Fuel Cell Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 34 Hybrid Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 35 Hybrid Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 36 Plug-In Hybrid Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (‘000 Units)
Table 37 Plug-In Hybrid Electric Vehicle: Convertible Roof System Market Size, By Region, 2016–2025 (USD Million)
Table 38 Convertible Roof System Market, By Region, 2016–2025 (‘000 Units)
Table 39 Convertible Roof System Market, By Region, 2016–2025 (USD Million)
Table 40 Asia Pacific: Convertible Roof System Market, By Country, 2016–2025 (‘000 Units)
Table 41 Asia Pacific: Convertible Roof System Market, By Country, 2016–2025 (USD Million)
Table 42 China: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 43 China: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 44 India: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 45 India: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 46 Japan: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 47 Japan: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 48 South Korea: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 49 South Korea: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 50 Europe: Convertible Roof System Market, By Country, 2016–2016 (‘000 Units)
Table 51 Europe: Convertible Roof System Market, By Country, 2016–2025 (USD Million)
Table 52 France: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 53 France: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 54 Germany: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 55 Germany: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 56 Italy: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 57 Italy: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 58 Spain: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 59 Spain: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 60 UK: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 61 UK: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 62 North America: Convertible Roof System Market, By Country, 2016–2025 (‘000 Units)
Table 63 North America: Convertible Roof System Market, By Country, 2016–2025 (USD Million)
Table 64 Canada: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 65 Canada: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 66 Mexico: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 67 Mexico: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 68 US: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 69 US: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 70 RoW: Convertible Roof System Market, By Country, 2016–2025 (‘000 Units)
Table 71 RoW: Convertible Roof System Market, By Country, 2016–2025 (USD Million)
Table 72 Brazil: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 73 Brazil: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 74 Russia: Convertible Roof System Market, By Roof Top Type, 2016–2025 (‘000 Units)
Table 75 Russia: Convertible Roof System Market, By Roof Top Type, 2016–2025 (USD Million)
Table 76 Convertible Roof System Market Ranking: 2017
Table 77 New Product Developments, 2017
Table 78 Expansions, 2014–2018

List of Figures

Figure 1 Global Convertible Roof System Market Segmentation
Figure 2 Convertible Roof System Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Global Luxury Vehicle Sales Data (2016 vs. 2016)
Figure 6 Convertible Roof System Market: Bottom-Up Approach
Figure 7 Data Triangulation
Figure 8 Convertible Roof System Market, By Region, 2018–2025 (USD Million)
Figure 9 Convertible Roof System Market, By Vehicle Class Type, 2018 vs 2025 (USD Million)
Figure 10 Convertible Roof System Market, By Body Style Type, 2018 vs 2025 (USD Million)
Figure 11 Convertible Roof System Market, By Roof Top Type, 2018 vs 2025 (USD Million)
Figure 12 Convertible Roof System Market, By Propusion Type, 2018 vs 2025 (USD Million)
Figure 13 Convertible Roof System Market, By Electric Vehicle Type, 2018 vs 2025 (USD Million)
Figure 14 Increase in Demand for Premium Vehicles and Comfort Features is Anticipated to Fuel the GRoWth of Convertible Roof System 33
Figure 15 Europe is Estimated to Hold the Largest Market Share of the Convertible Roof System Market in 2018
Figure 16 Ice Segment is Estimated to Have the Largest Market Size in 2018
Figure 17 Semiluxury is Estimated to Hold the Largest Market Share of Convertible Roof System Market in 2018
Figure 18 Softtop is Estimated to Hold the Largest Market Share of Convertible Roof System Market in 2018
Figure 19 Sedan/Hatchback Segment is Estimated to Hold the Largest Market Share of Convertible Roof System Market in 2018
Figure 20 Hev Segment is Estimated to Hold the Largest Market Share of Convertible Roof System Market in 2018
Figure 21 Convertible Roof System Market: Market Dynamics
Figure 22 US: Rising GNI Per Capita is Expected to Drive the Scale of Convertible Roof System During the Forecast Period
Figure 23 Germany: Domestic Demand is Expected to Play A Crucial Role Owing to Mounting German Trade Surplus
Figure 24 China: Rising GNI Per Capita is Expected to Drive the Convertible Roof System Market
Figure 26 Convertible Roof System Market, By Roof Top Type, 2018 vs. 2025 (USD Million)
Figure 27 Convertible Roof System Market, By Propulsion Type, 2018 vs. 2025 (USD Million)
Figure 28 Convertible Roof System Market, By Vehicle Class Type, 2018 vs. 2025 (USD Million)
Figure 29 Convertible Roof System Market, By Body Style Type, 2018 vs. 2025 (USD Million)
Figure 30 Convertible Roof System Market, By Electric Vehicle Type, 2018 vs. 2025 (USD Million)
Figure 31 Asia Pacific to Be the Fastest GroWing Region for Convertible Roof System Market During the Forecast Period
Figure 32 China to Account for the Largest Market Share in the Asia Pacific Region for Convertible Roof System Market, 2018 vs 2025
Figure 33 Europe: Convertible Roof System Market Snapshot
Figure 34 North America: Convertible Roof System Market Snapshot
Figure 35 Key Development By Leading Players in the Convertible Roof System Market for 2014–2018
Figure 36 Webasto: Company Snapshot (2016)
Figure 37 Webasto: SWOT Analysis
Figure 38 Magna International: Company Snapshot
Figure 39 Magna International: SWOT Analysis
Figure 40 Valmet Automotive: Company Snapshot
Figure 41 Valmet Automotive: SWOT Analysis
Figure 42 Aisin Seiki: Company Snapshot (2016)
Figure 43 Aisin Seiki: SWOT Analysis
Figure 44 Continental: Company Snapshot (2016)
Figure 45 Continental: SWOT Analysis

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