One trend in the market is new technology for faster operation. Innovations and technological advances based on design and operational changes are prevalent in the global automotive retractable rooftop market. It is rapidly evolving with the use of advanced technology in the powertrain, infotainment, comfort and convenience, and safety sectors.
According to the report, one driver in the market is decreasing production cost of retractable rooftops. The vehicles that are equipped with retractable rooftops generate more revenue for the global automotive roof systems market because their complex design makes them expensive. The production cost is also high, which has reduced the profit margin. The automotive retractable rooftop market is becoming more popular year-over-year with automakers enhancing their product portfolio of vehicles with retractable rooftops. The roof designs have become much more dynamic and flexible, which gives a better visual appeal to an automobile. There are some driving factors that have led to the market penetration of retractable rooftops such as declining cost of production with advancements in technology and increasing reliability.
Furthermore, the report states that one challenge in the market is high cost of automotive electronic devices. The sales of automotive sunroofs and retractable roofs are increasing, but there is a challenge faced by the OEMs because of the inclusion of more electronic content in the devices. At present, an automotive sunroof consists of circuits, control switch, relay, motor, wires, and various other components. Automotive electronic devices increase the ease of operating a vehicle and offer comfort and safety. These devices are available with advanced functionality and compatibility features.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The report covers the present scenario and the growth prospects of the global automotive roof systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The report, Global Automotive Roof Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT TYPE
Segmentation by product type
Comparison by product type
Global automotive hard top roof system - market size & forecast
Global automotive soft top roof system - market size & forecast
Market opportunity by application
PART 07: REGIONAL LANDSCAPE
APAC - market size & forecast
EMEA - market size & forecast
Americas - market size & forecast
Key leading countries
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
New technology for faster operation
Integration of composite materials to increase operability at high speed
Advanced features for better aerodynamic efficiency
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