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Automotive Roof Racks Market 2018 Global Size, Share, Leading Players Analysis: Thule, Magna International, VDL Hapro, MINTH Group, Cruzber, Atera, Rhino-Rack, BOSAL, JAC Products and Yakima

08-24-2018 02:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Roof Racks Market 2018 Global Size, Share, Leading

Automotive Roof Racks Market is to grow at 6.69% CAGR over the forecast period of 2018 to 2023. Automotive Roof Racks Market Report - Forecast to 2023 is latest research report published by “Market Research Future”, which provides comprehensive information on Global Automotive Roof Racks Market Size, Share, Industry Trends, Regional Analysis with historic and forecast data to 2023.

Automotive Roof Racks Global Industry is segmented by Material (Aluminum Alloy, Composite Plastic and Others), By Type (Roof Mount, Raised Rail, Gutter and others), By Application (Commercial Vehicles and Passenger Cars), and by Region

Automotive Roof Racks Global Market Key Players Analyzed in Report Are:

Thule Group (Sweden), Magna International, Inc. (Ontario), VDL Hapro bv (Netherlands), MINTH Group Limited (China), Cruzber S.A (Spain), Atera GmbH (Germany), Rhino-Rack (U.S.), BOSAL (Belgium), JAC Products (U.S.) and Yakima Products Inc. ( U.S.).

Get Sample Copy Of “Automotive Roof Racks Market Research Report – Forecast to 2023” At: https://www.marketresearchfuture.com/sample_request/3821

Automotive Roof Racks Market Highlights:

The automotive roof rack is a roof carrier that is used to carry heavy object for transportation so that it can reduce the boot space for the occupant. There are various types of roof racks that are attached to the roof of the car depending on the need of the consumer. The market is driven by various factors such as growth in tourism sector, increase in production of vehicles, and limited boot space in cars. The roof rack has various constraints that hinder the market such as fluctuation in raw material prices and increase in weight of the vehicle.

Automotive roof racks is expected to witness growth due to factor such as increase in production of vehicles, and growth in travel and tourism sector. There has been an increase in investment in travel and tourism sector due to which the use of roof rack to carry the luggage has been widely used. This will led to the growth of this market. The increase in vehicle production will also led to increase in use of roof racks in cars. This will led to the growth of automotive roof racks market.

A roof rack is group of bars that are attached at the top of the vehicles. The main purpose of roof rack is used to carry bulk items such as luggage, bicycles and various carriers. Roof racks allows the user to carry an object from one place to other without reducing the interior space. The most common type of roof racks are rails, towers, and mount. Roof racks are majorly used in cars and trucks. The material that are commonly used in roof racks are aluminum alloy, composite plastic, and among others.

Automotive Roof Racks Market Segmentation:

The Global Automotive Roof Racks Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Type: Comprises rail raised, gutter, roof mount, and others
Segmentation by Material: Comprises aluminum alloy, composite plastic, and others.
Segmentation by Application: Comprises commercial vehicles and passenger cars
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis:

In North America, automobile manufacturer will continue to see an increase in the sales of the passenger cars. The increase in demand of the new vehicles will enable the growth of the auto components suppliers. The automotive manufacturers have shifted their preference from small cars to higher-value pickups and SUVs. This will enable more installation of roof racks on SUVs and pickup vans for transportation.

The auto market in U.S. has been powered by the low interest rate and low fuel price which has allowed the market to grow during the forecast period. The buying condition will remain positive due to the low interest rate and will boost the sales of the new vehicle. This increase in sale of new vehicle will led to the growth of roof racks market. China is one of the major automotive market in Asia.

The automotive industry continues to grow in China due to increased production of passenger and commercial vehicles. FDI is one of the major factors for the growth of automotive industry in China. The automaker in China are developing new and trade friendly policies that enable them to produce larger number of vehicles. The increase in the production of vehicle will led to the growth of roof rack market.

Major Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued....

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

Continued...

For More Details on This Report visit: https://www.marketresearchfuture.com/reports/automotive-roof-racks-market-3821

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

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Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India+1 646 845 9312

sales@marketresearchfuture.com

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