The global automotive roof racks market revenue is expected to expand at a lucrative CAGR over the forecast period. Rapid urbanization coupled with rising demand for tourism sector is expected to drive revenue growth of the market over the forecast period.

The global automotive roof racks market report has been segmented on the basis of material, product type, application, and region.

On the basis of material, the global automotive roof racks market has been segmented into steel, aluminum, and composite plastics. The composite plastics segment is expected to witness steady growth over the forecast period. Properties of composite plastic racks such as lightweight and resistance to rusting are expected to support revenue growth of the segment.

On the basis of product type, the global market has been segmented into fix point, clamping, railing, bare roof mount, gutters, and others (factory track, flush rail, and tracks). Raised rails segment is expected to grow at a steady rate over next few years.

On the basis of application, the global automotive roof racks market has been segmented into passenger vehicles and commercial vehicles. The commercial vehicles segment is expected to witness steady growth rate over the forecast period. Increasing demand for commercial vehicles owing to growing transportation sector is projected to support revenue growth of the segment over the forecast period.

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On the basis of region, the global automotive roof racks market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The revenue growth of the automotive roof racks market in North America is expected to grow at a rapid pace over the forecast period. Growing demand for commercial and passenger vehicles owing to changing lifestyles of people in the region is expected to propel revenue growth of the automotive roof racks market in the region. Moreover, the presence of a large number of automotive manufacturers in the region is expected to support revenue growth of the region over the forecast period.

Key players operating in the global automotive roof racks market include Atera GmbH, Hauler Racks, Inc., Cross Tread Industries Inc., Yakima Products Inc., The Thule Group, CRUZBER SA, Rhino-Rack USA, LLC., VDL HAPRO BV, Vanguard Manufacturing, Inc., and JAC Products.