Global Automotive Roof Racks Market Overview
Introduction:
An automotive roof rack is a set of bars that are secured to the roof of a vehicle and are used to carry heavy items while traveling, for example, luggage, bicycles, canoes, kayaks and other items. A roof rack is a device attached to a vehicle to carry goods. A roof rack is used when the cargo exceeds the capacity of the trunk or interior of the vehicle. Automotive roof racks come in many shapes and sizes, but all perform the same basic function. The roof rack was permanently attached to the roof of the motor car and required a mechanic to detach it. Roof racks can now be installed temporarily and are more effective and efficient, they can be attached or attached to the roof of the vehicle with simple hooks and joints. The most common version of a roof rail consists of two cast supports consisting of extruded aluminum bars that are connected to the extruded bars by mechanical connection or adhesive bonding. Automotive roof racks allow users to store their luggage or belongings on the roof of the vehicle so that the interior space of the vehicle can be used more efficiently. Compared to earlier roof racks, modern roof racks can be installed without the help of professionals. The global automotive roof rack market is booming on the back of rising vehicle sales worldwide and growing automotive sector. Moreover, increasing consumer demand for luggage carriers with low maintenance costs, high flexibility and low operating costs is also expected to contribute to the growth of the global automotive roof rack market.
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Attributes |
Details |
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Global Automotive Roof Racks Market Value (2022) |
US$ 2.3 Bn |
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Global Automotive Roof Racks Market Projected Value(2032) |
US$ 4.39 Bn |
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Global Automotive Roof Racks Market CAGR (2022-2032) |
6.6% |
Global Automotive Roof Racks Market Dynamics
Rise number of tourists and increase disposable income
Increasing number of tourists and increasing disposable income worldwide increases the demand for vehicles with luggage carriers, which in turn increases the need for roof carriers. Increasing adoption of electric vehicles, high reliability and durability, increasing urbanization, growing electric vehicles and subsequent increase in demand for private travel are some of the major driving factors. And the essential provision of luggage storage other than the trunk inside the passenger car is understood to be a major factor in the growth of automotive roof rails.
Restraint:
Increase demand of luxury vehicles and development of new materials
Increased demand for luxury vehicles with track door systems and adoption of sports cars with two doors instead of four are some of the major restraints for the market growth. Development of new materials and custom designs are driving the market growth.
Technological advancement
As the load on the engine increases, the fuel efficiency of the car decreases. In this way, manufacturers use technological research and development to create strong yet flexible materials and maintain the vehicle without adding too much weight. Automotive roof racks are becoming increasingly sophisticated with features such as adjustable height and width, increasing their adoption among consumers worldwide. Rapid urbanization and industrialization and changing lifestyles drive the growth of the regional market. Additional factors influencing market growth include technological advancements that help develop new properties in materials such as high durability, cost efficiency, and low maintenance. In September 2022, Subaru Cross trek: The new XV changes its name and adds tech and style. Developed on an update of the SGP platform (Subaru Global Platform), it grew slightly in dimensions – it is 4,480 mm long, 1,800 mm wide, 1,580 mm high and retains a wheelbase of 2,670 mm – and was designed as an evolution, Proposed by its predecessor. Without too bold changes, the updated front sector tops out, the slim headlights are connected by a horizontal bar that runs through the grille - larger and more hexagonal - with the inevitable black plastic protection of the bumper, much more prominent and angular, which also functions as a frame for the fog lights.
Global Automotive Roof Racks Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Automotive Roof Racks Market is segmented based on type, application, and region.
On the basis of type, the Global Automotive Roof Racks Market is segmented into Roof Mount, Raised Rail, Gutter, and Others. On the basis of application, the target market is classified into Commercial Vehicles, and Passenger Cars. Many SUVs, wagons and crossovers are equipped with factory-installed side rails that run front-to-back on the roof. It usually, though not always, has strong attachment points engineered to support the roof rack system. Raised side rails are raised from the roof in such a way that a tower can be placed around them. Flush side rails sit directly on the roof and usually have channels or pin holes to fit into the towers. This style of side rail is relatively new but is becoming more widespread. Rain gutter roof rack towers attach to the exposed rain gutters (“drip rails” or “gutters”) that were standard on most vehicles in the 80s. They can also be found on larger cargo/commercial vans and certain Jeeps/SUVs. Since rain gutter racks have been around for decades, used options are plentiful and affordable.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Automotive Roof Racks Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is leading the global automotive roof rack market with the rapid growth of the economy. Box Front Runner Outfitters Launched Slim sport Roof Rack System, On February 1st, 2022;– Front Runner Outfitters (Front Runner), the South African-based adventure travel gear company, launched its Slim sport Roof Rack system. The system provides an additional entry point in the Over landing market, beginning with compatibility for five vehicle models.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
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Market Segmentation |
By Type - Roof Mount, Raised Rail, Gutter, and Others By Application - Commercial Vehicles, and Passenger Cars |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the global Automotive Roof Racks Market report based on type, application, and region:
Global Automotive Roof Racks Market, By Type:
- Roof Mount
- Raised Rail
- Gutter
- Others
Global Automotive Roof Racks Market, By Application:
- Commercial Vehicles
- Passenger Cars
Global Automotive Roof Racks Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Automotive Roof Racks Market Key Players
The key players operating the Global Automotive Roof Racks Market includes Delphi Automotive, Magna International, Inc., MINTH Group Limited, VDL Hapro bv, Yazaki Corporation, Yakima Products Inc, Atera GmbH, Sumitomo Electric, Rhino-Rack, BOSAL, JAC Products. For Instance, In September 2022, Power-Stroke-Powered SUVs Are Back! Meet The MegaRexx SVN. The exterior of the vehicle (besides being an SUV) has also been redesigned with several changes. For starters, the MegaRexx SVN features custom badging on both the front and rear, so one doesn't mistake it for a regular Ford offering. It also has additional features like a rhino rack mounted on the OEM roof rack.
Global Automotive Roof Racks Market Company Profile
- Delphi Automotive*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Magna International, Inc.
- MINTH Group Limited
- VDL Hapro bv
- Yazaki Corporation
- Yakima Products Inc.
- Atera GmbH
- Sumitomo Electric
- Rhino-Rack
- BOSAL
- JAC Products
“*” marked represents similar segmentation in other categories in the respective section
Global Automotive Roof Racks Market Table of Contents
Research Objective and Assumption
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- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Automotive Roof Racks Market, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Roof Mount
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Raised Rail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Gutter
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Automotive Roof Racks Market, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Commercial Vehicles
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Passenger Cars
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Automotive Roof Racks Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Delphi Automotive
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Magna International, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MINTH Group Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- VDL Hapro bv
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yazaki Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yakima Products Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Atera GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sumitomo Electric
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rhino-Rack
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BOSAL
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- JAC Products
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Automotive Roof Racks Market is segmented based on type, application, and region.
Increasing adoption of electric vehicles, high reliability and durability, increasing urbanization, growing electric vehicles and subsequent increase in demand for private travel are some of the major driving factors.
The Asia Pacific region is leading the global automotive roof rack market with the rapid growth of the economy.
The Key players operating in the Automotive Roof Racks Market includes Delphi Automotive, Magna International, Inc., MINTH Group Limited, VDL Hapro bv, Yazaki Corporation, Yakima Products Inc., Atera GmbH, Sumitomo Electric, Rhino-Rack, BOSAL, JAC Products.