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Global Automotive Retractable Roof Top (ARRT) Market 2017-2021

Global Automotive Retractable Roof Top (ARRT) Market 2017-2021

About Automotive Retractable Roof Top

An automotive retractable roof top (ARRT) is defined as convertible roof system, wherein the vehicle's roof can either be folded in step or part, resulting in vehicles with open roof top. The retractable hard top of the vehicle can either be operated manually or electronically, which makes the car known as a convertible in the automotive industry.

Technavio’s analysts forecast the global automotive retractable roof top market to grow at a CAGR of 9.88% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive retractable roof top market for 2017-2021. To calculate the market size, the report considers the unit shipments of vehicles equipped with retractable top.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Retractable Roof Top Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Webasto
  • Magna International
  • Inalfa Roof Systems
  • Pininfarina
Other prominent vendors
  • Robbins Auto Top
  • Valmet Automotive
Market driver
  • Decreasing cost of production and improving reliability leading to increased popularity
  • For a full, detailed list, view our report
Market challenge
  • Increasing margin pressure on the automotive OEMs in manufacturing of convertible roof tops
  • For a full, detailed list, view our report
Market trend
  • Development of new technology leading to faster operating mechanism
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Retractable Roof Top Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive retractable roof top market: Webasto, Magna International, Inalfa Roof Systems, and Pininfarina.

Other Prominent Vendors in the market are: Robbins Auto Top and Valmet Automotive.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is development of new technology leading to faster operating mechanism. The global ARRT market is rapidly evolving with the use of advanced technology is powertrain, infotainment, comfort and convenience, and safety sectors. The extensive use of electronic sensors and microprocessors in the vehicle along with advanced control modules has led to the development of more advanced retractable roof tops. With the fusion of more electronic components within the vehicles, the automotive convertible roof tops are becoming more dynamic and high on functionality with options of varied roof top fold mechanisms.”

According to the report, one of the major drivers for this market is decreasing cost of production and improving reliability leading to increased popularity. The global ARRT market is becoming more popular year-on-year with automakers increasing the product portfolio of vehicles with retractable roof tops. The roof designs have become much more dynamic and flexible, which is leading to the growing visual appeal of an automobile in the automotive market. There are some driving factors that have led to the growing market penetration of retractable roof tops such as declining cost of production with the advance in technology and increasing reliability.

Further, the report states that one of the major factors hindering the growth of this market is increasing margin pressure on the automotive OEMs in manufacturing of convertible roof tops. The global automotive industry is becoming increasingly complex and competitive with numerous players operating across the value chain. The rising sports car sales and growing demand for high-performance cars have led to the growing cost pressures in the sports car industry. The increasing cost pressure from sourcing of convertible roof top components till the development of retractable roof systems has led to the diminishing margins across different stakeholders as the market has become stiffer in nature.

Companies Mentioned

Webasto, Magna International, Inalfa Roof Systems, Pininfarina, Robbins Auto Top and Valmet Automotive.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global ARRT market
    • Market size and forecast
      • Table Global ARRT market 2016-2021 (thousands of units)
      • Table Most popular convertible models as per gender 2016
    • Five forces analysis
      • Table Five forces analysis
  • Market Segmentation by Roof type
    • Market overview
      • Table Global ARRT market: Segmentation by roof type 2016 and 2021
      • Table Global ARRT market: Segmentation by soft top 2016-2021 (Thousands of units)
      • Table Global ARRT market: Segmentation by hard top 2016-2021 (Thousands of units)
  • Geography Segmentation
    • Market overview
      • Table Global ARRT market: Segmentation by geography 2016 and 2021
      • Table ARRT market in Americas 2016-2021 (Thousands of units)
      • Table ARRT market in EMEA 2016-2021 (Thousands of units)
      • Table ARRT market in APAC 2016-2021 (Thousands of units)
      • Table Top five APAC countries by GDP 2011-2015 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table EU emission standards and limits
    • Market challenges
  • Market trends
  • Vendor landscape
    • Table Global ARRT market: Leading competitors 2015
    • Other prominent vendors
      • Table Other prominent vendors in the global ARRT market
  • Key vendor analysis
    • Key Vendor Analysis
      • Table Webasto: Business Segmentation
      • Table Webasto: Product portfolio
    • Magna International
      • Table Magna: Business Segmentation
      • Table Magna: Product Portfolio
    • Inalfa Roof Systems
      • Table Product categories
    • Pininfarina
  • Appendix
    • List of abbreviations
  • Explore Technavio

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