How big is the Convertible Roof System Market?

The Convertible Roof System Market size is expected to reach USD 1.49 billion in 2024 and grow at a CAGR of 3.61% to reach USD 1.78 billion by 2029. Read More

What is the current Convertible Roof System Market size?

In 2024, the Convertible Roof System Market size is expected to reach USD 1.49 billion. Read More

Who are the key players in Convertible Roof System Market?

Webasto Group, Magna International Inc., THE HAARTZ CORPORATION, Continental AG and U-Shin Ltd are the major companies operating in the Convertible Roof System Market. Read More

Which is the fastest growing region in Convertible Roof System Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Convertible Roof System Market?

In 2024, the Europe accounts for the largest market share in Convertible Roof System Market. Read More

What years does this Convertible Roof System Market cover, and what was the market size in 2023?

In 2023, the Convertible Roof System Market size was estimated at USD 1.44 billion. The report covers the Convertible Roof System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Convertible Roof System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Convertible Roof System Market Report | Industry Analysis, Size & Forecast Overview

Convertible Roof System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Convertible Roof System Market is segmented on the basis of Roof System Component Types (Roof Material, Roof Drive System (Motors), and Other Roof System Component Types), Roof Top Type (Hard Top and Soft Top), Vehicle Type (Hatchback, SUV, and Sedan), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers market size and forecast in value (USD million) for all the above segments.

Convertible Roof System Industry Overview

The convertible roof system market is majorly dominated by Webasto, Magna International, The Haartz Corporation, U-Shin Ltd, and Continental AG, among others. The companies are expanding their businesses by launching new products and innovations. For instance:

In July 2021, Webasto announced that the new BMW 4 Series features a convertible roof from Webasto. The roof can be opened within 18 seconds while driving at the touch of a button. In a single flowing movement, the four roof elements are stacked on top of each other. At the same time, the top cover opens backward, and the roof elements are stored underneath.

In December 2020, Webasto developed the new, custom-made two-part retractable hard top (RHT) for the re-imagined Stingray, with a total of six electric motors fitted in the roof in place of a hydraulic system.