Convertible Tops, Sunroofs, Floor Mats and Seat Covers Market to Reach $2.2 Billion by 2009, According to New Report by Global Industry Analysts, Inc.

Retractable hardtops are increasingly making their presence felt in the global convertibles market. In the coming years, the market is likely to witness rapid growth driven by a host of attractive features including high security, flexibility in usage and aesthetic appeal. The market for convertible tops, sunroofs, floor mats, and seat covers is projected to cross US$2.2 billion by 2009.

San Jose, California (PRWEB) July 18, 2007 -- Convertible tops, sunroofs, floor mats and seat covers form a part of the global automotive parts and accessories market. Automotive parts and accessories market is largely split into original equipment (OE) and aftermarket. Principal demand driver for the OE market is the number of new vehicles manufactured that is largely governed by prevailing market conditions. In terms of product trends, sales of folding hardtops have increased substantially in major global markets such as the US and Europe. Growing demand for decorative options and customized finishes in sunroof deflectors is playing an instrumental role in the stellar growth of decorative automotive products. Burgeoning advancements in sunroofs and convertible tops and ever-growing demand for new features has created a novel product class known as the "sunvertible", a convergence between sunroofs and convertibles. The new product category is expected to unite the functionalities of the two into a unique roof system.

Europe is the largest market for convertible tops, sunroofs, floor mats and seat covers worldwide, worth an estimated US$713 million in 2007. United States and Asia (excluding Japan) are the second and third largest markets respectively. Within Europe, the German convertible top, sunroof, floor mat & seat cover market is projected to be worth US$244 million in 2010. Market for floor mats, is estimated at US$1 billion for 2007. Global sunroofs market is expected to reach US$325 million by 2010. The convertible tops market is projected to grow at a CAGR of over 4.2%.

Convertible Top, Sunroof, Floor Mat & Seat Cover: A Global Strategic Business Report

The global marketplace is characterized by the presence of players such as AGC Automotive Americas, ASC Inc., Actuant Corp., Aisin Seiki Co., ArvinMeritor Inc., Collins & Aikman Corporation, Edscha AG, GG Bailey, INALFA Roof Systems, Isuzu Motors Limited, Racemark International, Webasto AG and others.

"Convertible Top, Sunroof, Floor Mat & Seat Cover: A Global Strategic Business Report" provides a comprehensive review of market trends, drivers, product profile, players, competition, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Russia, Asia, Latin America and the Middle East. Historic and current and future analytics are provided in terms of value for product segments including Convertible Top, Sunroof, Floor Mat and Seat Cover.

For more details about this research report, please visit www.strategyr.com/MCP-1112.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site www.StrategyR.com

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