Automotive Convertible Roof System Market Size - By Rooftop, By Vehicle, By Material, By Distribution Channel, By Operation, Analysis, Share, Growth Forecast, 2024 - 2032

Automotive Convertible Roof System Market Size

The global automotive convertible roof system market size was valued at USD 2.8 billion in 2023 and is projected to grow at a CAGR of 8% between 2024 and 2032. The global shift towards electric and hybrid vehicles opens new opportunities in the market. Automakers are heavily investing in electrification and exploring ways to differentiate their electric models. For instance, according to the International Energy Agency (IEA), in 2023, nearly 14 million new electric cars were registered globally, increasing to 40 million. Sales in 2023 rose by 3.5 million compared to 2022, reflecting a 35% year-on-year increase.
 

Convertible electric vehicles are emerging as a niche but growing segment, appealing to environmentally conscious consumers who desire an open-air driving experience. This factor drives innovation in lightweight roof systems that minimize impact on vehicle range. Combining zero-emission powertrains with convertible roofs creates a new category of vehicles that blend sustainability with lifestyle appeal, potentially attracting a broader customer base to the market.
 

The robust automotive aftermarket is driving the growth of the automotive convertible roof system market. Increasingly, consumers retrofit their vehicles with aftermarket systems, particularly for classic car restorations and custom modifications. This trend is supported by a growing network of specialized installers and the availability of high-quality aftermarket roof components. The aftermarket sector is also fostering innovation, with companies developing universal roof systems adaptable to various vehicle models. This expansion not only enlarges the market but also stimulates competition and innovation among OEM and aftermarket suppliers.
 

Automotive Convertible Roof System Market Trends

Convertible roof systems increasingly use advanced lightweight materials like carbon fiber composites and high-strength aluminum alloys. These materials reduce weight significantly compared to traditional steel, enhancing fuel efficiency and vehicle performance. Lightweight roofs also reduce stress on operating mechanisms, potentially extending system longevity. Manufacturers are investing in R&D to optimize these materials for durability, cost-effectiveness, and production efficiency.
 

For instance, Daimler AG's smart Fortwo city car, in partnership with BASF and Fehrer, employed the Elastoflex PU foam system to create a new convertible roof that is 30% lighter than the previous version. This roof is the first exterior component to feature a honeycomb sandwich structure, consisting of corrugated paper encased in fiberglass sheets and layered with polyurethane.
 

The shift towards electric vehicles further drives this trend as automakers seek to offset battery weight. However, balancing cost with performance remains challenging, as these materials are often more expensive than conventional options. As production techniques improve and costs decrease, wider adoption of lightweight materials in convertible roof systems is expected.
 

Convertible roof systems present significant challenges in vehicle dynamics, fuel efficiency, and performance due to their added weight. The complex mechanisms, reinforced structures, and safety systems required for convertibles increase vehicle mass, negatively impacting handling, acceleration, and fuel consumption. Engineers must use lightweight materials and innovative designs to mitigate this weight penalty while meeting stringent durability, safety, and noise insulation standards. Balancing weight reduction with performance and cost considerations remains a persistent challenge for convertible roof system designers and vehicle manufacturers.
 

Automotive Convertible Roof System Market Analysis

Based on rooftop, the market is segmented into hardtop and soft top. In 2023, the hardtop segment accounted for over 60% of the market share and is expected to exceed USD 3.5 billion by 2032. Manufacturers are enhancing hardtop convertible roofs with advanced technologies, including sensors, actuators, and sophisticated control systems, to improve operation and safety. Standard features now include automatic operation based on weather conditions, voice-activated controls, and smartphone integration.
 

For instance, in June 2023, Mercedes-Benz advanced its AI integration by enhancing the voice control in its vehicles for in-vehicle systems, cruise control, and voice-activated convertible roof control. The addition of ChatGPT to the MBUX Voice Assistant's "Hey Mercedes" feature has made it more intuitive. Moreover, an optional beta program was launched in the U.S. for over 900,000 vehicles with the MBUX infotainment system. This integration enabled through a partnership with Microsoft, utilizes the Azure OpenAI Service to leverage OpenAI’s generative AI models, ensuring enterprise-grade security, privacy, and reliability.
 

Some systems can detect obstacles during the opening or closing process to prevent damage. This trend aligns with the broader movement towards connected and intelligent vehicles. As consumers demand more high-tech features, manufacturers in the premium and luxury segments are using smart convertible roof systems as a key selling point.
 

Based on the vehicle, the automotive convertible roof system market is divided into passenger vehicles and commercial vehicles. The passenger vehicle segment held around 86% of the market share in 2023 due to several key factors. Convertible roof system manufacturers are enhancing the speed and quietness of roof operations in passenger vehicles. Faster deployment and retraction times increase convenience, enabling spontaneous open-top driving during brief stops. Advanced hydraulic or electric systems, combined with optimized mechanisms, allow roof operations in 10-15 seconds for some models. Concurrently, manufacturers are reducing noise by using sound-dampening materials and refining mechanical components.
 

These improvements address consumer concerns about the practicality of convertibles and enhance the user experience. As these systems advance, the convenience and noise levels between coupe and convertible models are becoming increasingly similar. Moreover, Manufacturers are increasingly enhancing customization and personalization features for convertible roof systems. This trend includes a broader selection of color options for soft tops, contrasting hues for hard tops, and customizable patterns or graphics on roof fabric.
 

Some manufacturers are integrating electrochromic glass panels in hard-top convertibles, allowing users to adjust roof transparency. Additionally, the aftermarket is seeing a rise in customization options, such as performance upgrades for roof mechanisms and unique fabric patterns.
 

The U.S. is considered the dominating region in the North American automotive convertible roof system market and is expected to exceed USD 2 billion by 2032. The U.S. market is experiencing a resurgence in mid-size convertibles, particularly in the premium segment. This revival is driven by baby boomers and Gen X consumers seeking nostalgic yet modern driving experiences. Automakers are responding by introducing new models and updating classics with advanced convertible roof technologies that offer improved insulation, noise reduction, and faster operation.
 

The trend is further supported by the growing popularity of road trips and outdoor activities post-pandemic. Models like the Ford Mustang and Chevrolet Camaro convertibles are seeing renewed interest, while luxury brands such as Audi and BMW are expanding their mid-size convertible offerings to capture this market segment.
 

European automakers are leading in integrating smart technologies into convertible roof systems. This includes features like voice-activated roof operation, automatic deployment based on weather conditions, and integration with vehicle connectivity systems. Advanced sensors and AI algorithms enhance safety by automatically closing the roof during impending collisions or extreme weather. Some luxury models are experimenting with transparent roof panels that switch between opaque and clear states, offering a unique blend of open-air feel and privacy. This trend aligns with the broader push toward vehicle digitalization and aims to enhance the overall user experience for convertible owners.
 

In the Asia Pacific region, particularly in countries like Japan, South Korea, and China, there is a shift from hardtop to soft-top convertibles. This change is driven by advancements in soft-top materials that offer better durability and insulation, reduced weight compared to hardtop mechanisms, and more design flexibility. Automakers are leveraging this trend to create sleeker, more fuel-efficient convertible models that appeal to urban consumers.
 

Automotive Convertible Roof System Market Share

Webasto Group, Valmet Automotive, and Continental Engineering Services collectively held a substantial market share of over 20% in the automotive convertible roof system industry in 2023. Webasto provides a wide range of roof systems, including convertible, panoramic, and sunroofs. By customizing its roof solutions for luxury, sports, and mainstream vehicles, Webasto effectively addresses various market segments. The company focuses on lightweight materials like composites and advanced polymers to reduce roof weight, enhancing vehicle performance and fuel efficiency. This is particularly crucial for convertible roof systems, where lightweight materials improve safety and driving dynamics.
 

Valmet Automotive targets the premium and electric vehicle (EV) segments. By aligning its convertible roof systems with luxury and high-performance electric cars, Valmet capitalizes on the increasing demand for premium EVs, such as those from Porsche and Mercedes-Benz. Valmet Automotive uniquely combines roof system design, development, and manufacturing with full vehicle contract manufacturing. This integrated approach allows them to offer OEMs comprehensive services from concept to production, securing significant contracts from luxury carmakers.
 

Continental Engineering Services (CES) specializes in integrating advanced mechatronics into convertible roof systems, providing highly automated solutions. By incorporating smart sensors and electronic control units (ECUs), CES enhances the functionality and convenience of fully automatic convertible roofs, giving them a competitive edge in the premium segment.
 

Automotive Convertible Roof System Market Companies

Major players operating in the automotive convertible roof system industry are:

• Antolin
• BOS Group
• CIE Automotive
• Continental Engineering Services
• Eurotop GmbH & Co. KG
• Inalfa Roof Systems Group B.V.
• Magna International, Inc.
• The Haartz Corporation
• Valmet Automotive
• Webasto Group
   

Automotive Convertible Roof System Industry News

• In October 2023, Valmet Automotive announced plans to expand its Zary plant in Poland to increase production of electromobility solutions, including active spoiler and charging flap systems. The expansion will be completed in 2025. With extensive experience as a system supplier for convertible roofs and active spoiler systems, Valmet Automotive has established its RKS business line as a leading supplier of active kinematic systems for electric vehicles. Valmet Automotive's spoiler systems enhance aero efficiency, optimize electric car range, conserve resources, and contribute to sustainability.
   
• In September 2023, Webasto integrated lidar and camera technologies into a sleek panoramic roof, providing comprehensive 360-degree monitoring for autonomous driving. The compact Roof Sensor Module (RSM) seamlessly integrates into automakers' production lines. Positioned on the roof, the sensors and cameras are optimally placed to monitor the surroundings. Features like thermal management, de-icing, de-fogging, and a cleaning system ensure obstacle detection in various weather conditions. TheRSM enhances automated driving and ensures road safety.
   

The automotive convertible roof system market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and volume (Units) from 2021 to 2032, for the following segments:

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Market, By Rooftop

• Hardtop
• soft top

Market, By Vehicle

• Passenger vehicle
• Commercial vehicle

Market, By Material

• PVC
• Fabric
• Composite materials
• Carbon fiber

Market, By Distribution Channel

• OEM
• Aftermarket

Market, By Operation

• Manual
• Semi-automatic
• Fully-automatic

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • UAE
  • Saudi Arabia
  • South Africa