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Automotive Roof System Market 2023: Size, Share, Trends, Key Players, Application, Growth And Analysis
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Automotive Roof System Market Size, Growth Rate, And Forecast
The global automotive roof systems market size is expected to grow from $28.95 billion in 2022 to $31.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive roof systems market size is expected to reach $41.39 billion in 2027 at a CAGR of 7.2%.
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Automotive Roof System Market Drivers
The increasing passenger car sales are expected to propel the growth of the automotive sunroof market going forward. Passenger vehicles are motor vehicles that are used for the transport of passengers for commercial purposes. The automotive roof system provides effective ventilation, and enhanced driving experience for the rider in passenger vehicles, as a result, increasing sales of passenger cars increases the demand for the automotive sunroof system market.
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Automotive Roof System Market Segments
1) By Type: Sunroof System, Panorama Roof System, Multi-Optional Roof System, Solar Roof System, Light Weight Roof System, Inbuilt Roof System, Other Types
2) By Material: Aluminium, Steel, Polycarbonate, Glass-Plastic Composite, Fiber-Plastic Composite
3) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Roof System Market.
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Automotive Roof System Market Key Players
Major competitors in the Automotive Roof System Market include Webasto Group, Magna International Inc., Valmet Automotive Inc., Inteva Products LLC, Covestro AG, Inalfa Roof Systems Group, AAS Automotive, Aisin Corporation, ALUPROF Aluminiumprofile, BOS Group, The Haartz Corporation, JAC Products, ALUPROF Aluminiumprofile GmbH., and CIE Automotive
The Business Research Company's "Global Automotive Roof System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Roof System Market Include:
1. Executive Summary
2. Automotive Roof System Market Characteristics
3. Automotive Roof System Market Trends And Strategies
4. Automotive Roof System Market - Macro Economic Scenario
5. Automotive Roof System Market Size And Growth
.......
26. Africa Automotive Roof System Market
27. Automotive Roof System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Roof System Market
29. Automotive Roof System Market Future Outlook and Potential Analysis
30. Appendix
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