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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.
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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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.
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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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.
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.
| 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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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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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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India
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+44-753-713-2163
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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