The Automotive Roof System Global Market Report 2023, provides comprehensive information on the automotive roof system market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Automotive Roof System Global Market Report 2023, the global automotive roof systems market size is expected to grow from $28.95 billion in 2022 to $31.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive roof systems market size is expected to reach $41.39 billion in 2027 at a CAGR of 7.2%.
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Technological advancements are a key trend gaining popularity in the automotive roof systems market. Major companies operating in automotive roof systems are introducing innovative roof systems to sustain their position in the market. For instance, in February 2022, Front Runner Outfitters, a US-based company operating in automotive roof systems, launched a new slim sport roof rack system. This low-profile roof rack system is designed for activity-focused drivers; even customizing is available, allowing integration of most of Front Runner’s top-mounted rack accessories.
The automotive roof system market is segmented:
1) By Type: Sunroof System, Panorama Roof System, Multi-Optional Roof System, Solar Roof System, Light Weight Roof System, Inbuilt Roof System, Other Types
2) By Material: Aluminium, Steel, Polycarbonate, Glass-Plastic Composite, Fiber-Plastic Composite
3) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Asia-Pacific was the largest region in the automotive roof system market in 2022.
The table of contents in TBRC’s automotive roof system market report includes:.
- Executive Summary
- Automotive Roof System Market Characteristics
- Automotive Roof System Market Trends And Strategies
- Automotive Roof System Market – Macro Economic Scenario
- Automotive Roof System Market Size And Growth
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- Africa Automotive Roof System Market
- Automotive Roof System Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Automotive Roof System Market
- Automotive Roof System Market Future Outlook and Potential Analysis
- Appendix
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