Automobile Roof Racks Market Size, Share, Analysis, Trends, Growth, 2032

Automobile Roof Racks Industry Prospective:

The global automobile roof racks market size was worth around USD 2.36 Billion in 2023 and is predicted to grow to around USD 3.81 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.47% between 2024 and 2032.

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The report analyzes the global automobile roof racks market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the automobile roof racks industry.  The report covers forecasts and analyses for the automobile roof racks market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million).

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Automobile Roof Racks Market: Overview

The industry that is involved in the production, distribution, and sale of roof rack systems that are built for vehicles is included in the market for automobile roof racks. Automobiles can be equipped with roof racks, which are external structures that are attached to the roof of the vehicle and offer additional storage and transportation capabilities. Because of these systems, customers can safely transport cumbersome objects on top of their vehicles, including luggage, sporting equipment, bicycles, and freight containers, among other things. There is a wide range of roof rack designs available on the market, ranging from simple crossbars to more complex configurations.

These designs are designed to meet the requirements of a variety of vehicle types and consumer preferences. There is an expectation that the market for automobile roof racks will rise as the demand for outdoor activities and leisure travel continues to grow. This expansion is expected to be driven by the desire of vehicle owners to have improved cargo capacity and versatility. To satisfy the ever-evolving demands of customers all around the world, manufacturers are constantly coming up with new ways to provide roof rack solutions that are lightweight, aerodynamic, and user-friendly.

Automobile Roof Racks Market: Growth Factors

The major driving factor of the automobile roof racks market is the extra space that is created. Moreover, the tourism sector has developed tremendously in the past years which is also a driver of the market. Traveling in cars with extra luggage space and space for comfort is always a priority for everyone. Hence, the growth of the market can be attributed to the factor. However, mounting car roofs can add up to the weight of the car which can restrain the growth of the market. Nevertheless, the constant efforts by the research and development sector to produce a strong material for roof racks come as an opportunity for the growth of the market.

Automobile Roof Racks Market: Report Scope

Automobile Roof Racks Market: Segmentation

The automobile roof racks market is segmented into material, type, application, and region. The type segment is bifurcated into car racks, roof bars, truck racks, and others. The market for car racks holds a considerable share in the market owing to the interior space it provides. Car racks are mounted on the top of the cars to carry heavy and large items. Roof bars are mainly used to carry huge items which cannot fit in the car like kayaks, bicycles, etc. This helps the user to carry their items conveniently without being dependent on anyone. Truck racks are mounted on the truck to carry extremely heavy items. They avoid this item from sliding down or even coming towards the rear window of the truck and keep it secure on the top of the truck. They are mostly used when moving from one place to another given the amount of luggage one has while moving out.

By application, the market is bifurcated into commercial vehicles and passenger cars. The commercial vehicles segment holds a significant share of the market owing to the type of vehicle it is. Commercial vehicles help a person to move from one place to another or carry luggage from one place to another. Hence, roof racks and truck racks add more space to carry more luggage. Whereas, passenger vehicles are used to help customers move from one place to another such as home to office. Hence, the market size for the segment is low as compared to the other segments.

North America is anticipated to hold the maximum market size in the automobile roof racks market owing to the rising adoption of cycling in the U.S. Hence, people of the country prefer cycling from one place to another. They carry the bicycle to the desired destinations by mounting it to the car roof. Moreover, the usage of snowboards is also high in these countries which is driving the growth of the market in the region.

Automobile Roof Racks Market: Regional Insights

Europe is expected to follow North America owing to the large automotive sector in the region. The growth of the car roof market is dependent on the growth of the automotive sector. Hence, the more the automotive sector develops more the demand for the car roof market.

Automobile Roof Racks Market: Competitive Space

Some of the key players in the automobile roof racks market include

• Yakima Products Inc.
• Atera GmbH
• Rhino-Rack USA
• LLC.
• John Jordan Limited (Van-Racks)
• Rola
• Cruzber SA
• Thule
• BOSAL
• NEUMANN
• spol. s r.o.
• Perrycraft. Inc
• Among Others.

The report segments of the global automobile roof racks market are as follows:

Global Automobile Roof Racks Market: Material Segment Analysis

• Aluminium Alloy
• Composite Plastic
• Iron
• Others

Global Automobile Roof Racks Market: Type Segment Analysis

• Car Racks
• Roof Bars
• Truck Racks
• Others

Global Automobile Roof Racks Market: Application Segment Analysis

• Commercial Vehicles
• Passenger Cars

Global Automobile Roof Racks Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa