Rapid Increase in End-use Adoption to Exterior Car Accessories Market Revenue Growth

 The global market for exterior car accessories is likely to see a robust growth during 2017-2024. The global market is also projected to bring in more than US$ 253,000 Million revenue by the end of 2024.

Increase in the sales of cars globally and growing interest in the concept of vehicle customization are driving the global exterior car accessories market. However, the latest trend of car customization is likely to remain one of the key factors in the growing demand for exterior car accessories. Need for speed and performance is also pushing the market for car accessories that support high performance. The most common exterior car accessories include mud guard, car wrap, taillight, reflectors, window films, fog lamp covers, sun roof, license plate cover, LED lights, bugflectors, decals, and others. Car owners are also moving towards personalization trend to enhance the look and overall style of the car.

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FACTS AT A GLANCE

Companies:Thule Group, Oakmore Pty Ltd., HELLA KGaA Hueck & Co., Covercraft Industries, LLC, CAR MATE MFG.CO., LTD., U.S. Auto Parts Network, Inc., O’Reilly Auto Parts, Star Automotive Accessories, Truck Covers USA LLC, Mont Blanc Industri AB, and Classic Soft Trim, are some of the companies in the global market for exterior car accessories.

Coverage: All major geographies and key segments

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Segments: Exterior Car Accessories Market Segmented By Covers, Racks, Body Kits, LED Lights, Alloy Wheels, Chrome Accessories, Exhaust Mufflers, Window Films, License Plate Frames Products in Passenger Cars, Pickup Trucks Vehicles

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

ABSTRACT-

The report by Persistence Market Research on the global exterior car accessories market offers in-depth insights on the market along with information on the opportunities for growth in the market. The report presents key insights and updates based on various segments and regions in the global market for exterior car accessories throughout the forecast period 2017 – 2024.

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Exterior car accessories help in enhancing the look of the vehicle by making it more appealing. Although, exterior car accessories are not important for vehicle functioning, however, some of them help in increasing vehicle performance. The market offers a wide range of exterior car accessories serving different purposes.

To understand demand and supply side and to identify growth opportunities in the global exterior car accessories market, the market is segmented into product type, distribution channel, vehicle type, and region. The report provides data on the market based on the volume in (‘000 Units) and value in (US$ Mn). The report also offers details on the driving factors in the market and challenges. Latest trends across various regions are also provided in the report to enhance the decision-making process. The segments in the global market for exterior car accessories include sub-segments and offers an estimation for the forecast period 2017–2024.

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