Transparency Market Research in its new report titled, “Automotive Carbon Roof Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the automotive carbon roof market. The TMR report anticipates that the rise in the demand for premium cars will drive the automotive carbon roof market during the forecast period i.e, 2018-2026. A carbon roof is lighter than the steel or aluminum body car roof. Reduced weight is likely to enhance performance, as the engine is likely to have less weight to carry and it provide better fuel efficiency. The price for carbon fiber material is very high, which is anticipated to hamper the market, says the report.
The TMR report has segregated the automotive carbon roof market based on type, thickness, vehicle, sales channel, and region. On the basis of type, the automotive carbon roof market is classified into glossy black and one more segment. Of these, the glossy black segment is anticipated to expand during the forecast period owing to the rise in demand for premium vehicles with a modern appearance. Several sports and premium cars have design where the roof of the car is attaches the front windscreen via the identical lines. By using the carbon wrapping the roof of the car is glossy black, the glassy appearance of the car continues from the leading edge of the windscreen right through to the rear edge of the roof, creating a large, panoramic roof look. This in turn is expected to propel the automotive carbon roof market.
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In terms of vehicle, the automotive carbon roof market is split into passenger vehicle and commercial vehicle. The passenger vehicle segment is projected to expand in the near future. The passenger vehicle segment is further sub-segmented into premium-end vehicle, and two more sub-segments. The automotive carbon roof is used in premium vehicles to enhance their appearance and also help minimize vehicle emission, which in turn is projected to boost the premium-end vehicle segment during the forecast period. Based on sales channel, the automotive carbon roof market is divided into OEM and aftermarket. The demand for automotive carbon roof market in the aftermarket segment is likely to increase significantly in the near future.
In terms of geographical perspective, the automotive carbon roof market is segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of revenue, North America accounts for a significant share of the global automotive carbon roof market. High rate adoption of carbon fiber in the region can be ascribed to the rise in demand for modern premium cars and increase in demand for sports vehicle in this region. The market in Europe is expanding significantly due to the rise in strong racing car culture. Key players operating in the global automotive carbon roof market include Automobili Lamborghini S.p.A., Toyota Motor Corporation, Suzuki Motor Corporation, Thai Rung, Ferrari N.V., and Porsche.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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