According to Goldstein Research, flourishing automobile industry and rapid growth in sales of cars is significantly driving the growth of car accessories market. The global automobile industry is expected to grow at a CAGR of +4% over the forecast period of 2016-2024. Global Passenger Car Accessories Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Rising trend of customization will remain the key factor driving demand for passenger car accessories across the globe. While astounding growth of global automotive industry hold a direct impact on the global passenger car accessories market, exceptional growth is witnessed in automotive sector of BRIC nations will continue to impel passenger car accessories market.
Market Segmentation
On the basis of our in-depth analysis, global passenger car accessories market can be segmented as follows:
• By Product Type
o Interior Accessories
Seat Covers & cushions
Floor Mats & Components
Air Fresheners
Seat Belts
Steering wheel & Gear Knob covers
o Exterior Accessories
Decal & Stickers
Body Kits
Racks & Carriers
Wheels & Rims
Exhaust & mufflers
Mirrors and Glasses
Mud & Splash Guards
o Electronic Accessories
Car Audio & Video
GPS And Navigation Devices
Sensors
Dash Cameras
Cables And Chargers
Lightings
• By End Users
o OEMs (Original Equipment Manufacturers)
o Aftermarket (Distributors)
• Based on Geography
o North America (U.S. & Canada) Passenger Car Accessories Market {Market Share (%), Market Size(USD Billion)}
o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Passenger Car Accessories Market {Market Share (%), Market Size(USD Billion)}
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Passenger Car Accessories Market {Market Share (%), Market Size(USD Billion)}
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Passenger Car Accessories Market {Market Share (%), Market Size(USD Billion)}
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Passenger Car Accessories Market {Market Share (%), Market Size(USD Billion)}
“Global Passenger Car Accessories Market Outlook 2024” contains detailed overview of the global passenger car accessories market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by Product type and by end users.
Further, for the in-depth analysis, Global Passenger Car Accessories Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Lloyd mats, O'Reilly Auto Parts, HONDA Original, Lear Corporation, Thule Group, Pep Boys, Alps Electric, Bosch, Continental, Delphi Automotive, Mitsubishi Electricetc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global passenger car accessories market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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