Copyright marketresearchupdate CONSULTING PVT LTD. All rights reserved.

Automotive Convertible Top Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23286 | Date : Jan, 2023 | Pages : 186 | Region : Global

Select License

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.
For 2004 to now, the global production shows a downward trend, the significant downward trend downward trend shows before the 2010, the global production of the automotive convertible top is 500 K Unit, the largest production region is Europe, the second largest region is in North America; the industry is very concentrated, the top three manufactures occupy about 92% in 2015;

The largest consumption region is Europe, the market share is about 44.2% in 2015; the second largest region is the North America, the market share is about 43.8% in 2015; and the smallest consumption region is RoW, China has the largest consumption growth rate;

The average price is 2033USD per Unit in 2015; the highest price is in Europe 2100 USD per Unit in 2015, the North America\'s price is about 172 USD per Unit; the average gross margin is about 35%; the price shows decreasing trend, and the gross margin has similar phenomenon; the hard top\'s price is higher than the soft top;

The import and export only occupies little market share.

In the future, the convertible car\'s market share is being eroded by SUV and crossover cars so the production shows decreasing trend due the convertible car\'s production decreasing, the hard top will be the trend of automotive convertible top, it will occupy larger market share; the price and gross margin will also show decrease trend.


The Global Automotive Convertible Top Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Automotive Convertible Top Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Webasto
Magna
Valmet
Toyo Seat
ASC, Inc.
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Hard top
Soft top
In Market segmentation by applications :

Premium Vehicle
Non-premium Vehicle

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Convertible Top Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Convertible Top Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Convertible Top industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
Any special requirements about this report, please let us know and we can provide custom report.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

To check our Table of Contents, please mail us at: sales@marketresearchupdate.com

Research Methodology

The Market Research Update offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Research Update assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.

Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

  1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

  1. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

  1. Highly Authentic Source

We offer highly authentic information from numerous sources. To fulfills the client’s requirement.

  1. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

  1. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.