Interior Car Accessories Market has been projected to be at US$ 314,579.4 Mn in term of value by 2027.


Posted July 14, 2020 by sm27071995

According to Coherent Market Insights’ Analysis, the global automotive industry is estimated to be at US$ 87.5 billion by 2020. Interior Car Accessories Market is expected to grow at CAGR value of 5.6% during the forecast period of 2020-2027

 
Market Trends:

Today there is the rise in affinity of the people towards customization in Automotive Industry

The latest trend in North America in interior car accessories and aftermarket is Distribution Channel Consolidation along with muti-colour creative car seats covers which are highly preferring by the consumers

Also there is higher prevalence of car customization among the consumers in the Spain and the Netherland. The prevailing trend in the Europe will offer lucrative opportunities for the interior car accessories market as major car manufacturer such as PSA, Volkswagen are focused on expanding their production facilities

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Key Developments

Market key players are involved in merger and acquisition, in order to gain a competitive edge. For instance, in August 2018, Covercraft Industries, LLC acquired Marathon Seat Covers, the premium- quality seat cover provider.

Major market players are focused on partnerships and collaborations, in order to enhance the market presence. For instance, in December 2019, Pioneer corporation Partnered with Nain Inc. , a startup in UI solution business.

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Market Segmentation

Global Storage Area Network (SAN) Market, By Product Type
Dash Kits
Covers
Electronic Accessories
Consoles and Organizers
Sunshades
Communication
Car Cushions & Pillows
Car Mats
Knobs
Central Locking System
Fragrance

Global Storage Area Network (SAN) Market, By Vehicle Type
Passenger Cars
Compact PC
Mid- size PC
Premium PC
Luxury PC
Pickup Trucks

Global Storage Area Network (SAN) Market, By Channel Type
OEM
Aftermarket

Global Storage Area Network (SAN) Market, By Region
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
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Tags interior car accessories market
Last Updated July 14, 2020