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Convertible Roof System Market Size 2019|Key Players are Medtronic, Beiersdorf, Coloplast, Medline Industries, Inc., Smith & Nephew, ConvaTec, Mölnlycke, Integra LifeSciences, B. Braun Medical, Acelity, Hollister Incorporated

03-25-2019 03:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

the Global Convertible Roof System Market is accounted for $1.14 billion in 2017 and is expected to reach $2.28 billion by 2026 growing at a CAGR of 8.0% during the forecast period. Factors such as rising demand for premium vehicles, advancement in material technology and growth in the population of young generation are some of the factors fueling the market growth. However, the high cost of regular maintenance is restraining the market.

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A convertible roof system is used in luxury and semi-luxury vehicle, which can be controlled with or without a roof in the vehicle. The system of elimination and storing the roof vary from vehicle to vehicle. This system allows an open-air driving experience with the capability to offer a roof when necessary.

Based on Vehicle Class Type, Luxury Vehicles has witnessed the significant growth during the forecast period due to the present demand for luxury cars are high in emerging countries and moreover, Germany is a hub for technological innovations. Depending on geography, Asia Pacific holds the largest market share during the forecast period due to developing emerging countries are expected to play a major role in the rise in vehicle production.

Some of the key players profiled in the Convertible Roof System Market include Magna International, Continental, Asiin Seiki, Pininfarina, Hoerbiger Holding, Standex International, Haartz, Gahh Automotive, Valmet Automotive, Webasto Group, and U-Shin Ltd.

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Market Segments:
Roof Top Types Covered:
• Softtop
• Hardtop

Material Types Covered:
• Carbon Fibre
• Polyvinyl chloride (PVC)
• Aluminum
• Other Material Types

Body Style Types Covered:
• Sport Utility Vehicle (SUV)
• Sedan/Hatchback
• Other Body Style Types

Propulsion Types Covered:
• Electric Vehicle (EV)
• Internal Combustion Engine (ICE)

Electric Vehicle Types Covered:
• Fuel Cell Electric Vehicle (FCEV)
• Plug-In Hybrid Vehicle (PHEV)
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)

Vehicle Class Types Covered:
• Semi-Luxury Vehilces
• Luxury Vehicles

Sales Channels Covered:
• Distribution Channel
• Direct Channel

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About Us
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact
ProgMark Pvt Ltd,
Thane - 421501
India. Contact- +1 973 241 5193
Email- sales@marketprognosis.com

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