Global Automotive Convertible Top Market Growth 2023-2029

Global Automotive Convertible Top Market Growth 2023-2029

Automotive Convertible Top is a retractable roof consisted of an articulated frame covered with a folding textile-based fabric similar to that on an open carriage evolved into the most common form. A lesser seen detachable hardtop provided a more weatherproof and secure alternative. As technology improved a retractable hardtop which removes and stows its own rigid roof in its trunk appeared, increasingly becoming the most popular form.

LPI (LP Information)' newest research report, the “Automotive Convertible Top Industry Forecast” looks at past sales and reviews total world Automotive Convertible Top sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Convertible Top sales for 2023 through 2029. With Automotive Convertible Top sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Convertible Top industry.

This Insight Report provides a comprehensive analysis of the global Automotive Convertible Top landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Convertible Top portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Convertible Top market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Convertible Top and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Convertible Top.

The global Automotive Convertible Top market size is projected to grow from US$ 452 million in 2022 to US$ 414 million in 2029; it is expected to grow at a CAGR of 414 from 2023 to 2029.

Global Automotive Convertible Top key players include Webasto, Magna, Valmet, etc. Global top three manufacturers hold a share over 90%.

Europe is the largest market, with a share over 45%, followed by Asia, and North America, both have a share about 50 percent.

In terms of product, Hard Top is the largest segment, with a share over 65%. And in terms of application, the largest application is Premium Vehicle, followed by Non-premium Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Convertible Top market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Hard Top

Soft Top

Segmentation by application

Premium Vehicle

Non-premium Vehicle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Webasto

Magna

Valmet

Toyo Seat

ASC, Inc.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Convertible Top market?

What factors are driving Automotive Convertible Top market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Convertible Top market opportunities vary by end market size?

How does Automotive Convertible Top break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.