The Global Automobile Accessories Market report focuses on a comprehensive analysis of the recent and future prospects of the Automobile Accessories industry. An in-depth analysis of historical trends, future trends, SWOT analysis, demographics, business advances, and regulatory requirements for the Automobile Accessories market has been performed to analyze the growth rate of each segment and sub-segment. The industry’s role in the COVID-19 natural occurrence was broadly studied. Over the course of the study period, comprehensive risk assessments and business suggestions are created for the market. The Automobile Accessories Market is projected to succeed at a CAGR of 5 % during 2023 – 2029.
One important part of this report contains of a discussion of key vendors in the industry to forecast the global Automobile Accessories market to 2023 company profile, market revenue, and financial analysis. This report will support the market companies in expressing their future business strategies and discovering the global competition. A complete segmentation analysis of the market is performed for companies, regions, types, and applications of the report.
Top Companies Covered in the Report:
Robert Bosch, Delphi Automotive, Continental AG, Denso Corporation, Magna International, Aisin Seiki, Tenneco, Honda Motor, Keystone Automotive Industries, Nissan, Citic Dicastal, Lkq Taiwan Holding, Ford Motor, U.S. Auto Parts, Lloyd Mats, Covercraft, Classic Soft Trim, Star Automotive Accessories, Hyundai Motor Company, Roush Performance, JCA Fleet Services, Renault, Garmin, Pecca Group, O’Reilly Auto Parts, H.I Motors, Momo, Federal Mogul Corp, Oakmore, Lund International
Recent Developments:
Robert Bosch has acquired 19 companies, including 1 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 7 assets. Robert Bosch’s largest acquisition to date was in 2012 when it acquired Service Solutions Segment SPX for $1.2B. Its largest disclosed sale occurred in 2014 when it sold L.R. Nelson to Fiskars for $26M. Robert Bosch has acquired in 7 different US states, and 5 countries. The Company’s most targeted sectors include machinery (22%) and internet software and services (11%).
Continental has acquired 21 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. Continental’s largest acquisition to date was in 2014 when it acquired Veyance Technologies for $1.9B. Continental has acquired in 6 different US states, and 9 countries. The Company’s most targeted sectors include automotive (53%) and software (20%).
Global Automobile Accessories Market Segmentation:
by type
Headlights
Interior
Air Conditioning System
Other
by application
Passenger Car
Commercial Vehicle
Segmental Analysis :
New passenger vehicle registrations increased in Europe, Russia, Japan, Brazil, India, and China, though it was sharply down in the U.S. In July 2021, the U.S. was the only major car market in the world with light vehicle sales down 9%. The Indian and Russian car markets expanded rapidly with double-digit growth, while the recovery in Brazil continued but at a more moderate pace. New passenger registrations in Japan increased for the ninth consecutive month. Moreover, in Europe and China car sales were stronger, but the UK recorded the fourth consecutive month of weaker car sales. Thus, the overall increase in registration of passenger vehicles drives the growth of the Automobile Accessories market.
China was a major contributor to the market for luxury vehicles because of its rising disposable income and higher standard of living. This element is anticipated to generate profitable prospects for the expansion of the Automobile Accessories industry.
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Key insights this study will provide:
– 360 Degree Automobile Accessories Market Overview Based on Global and Regional Levels
– Market Share and Sales Revenue by Main Players and Emerging Regions
– Competitors – In this section, several industry top players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
– Separate Chapter on Automobile Accessories Market Entropy to Gain Insights into Market Aggression of Leaders [Acquisitions/Recent Investments and Major Developments]
– Patent Analysis Number of patents/trademarks filed in recent years.
Market Segmentation: By Geographic Analysis
North America (USA, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Regional Analysis :
A significant portion of the worldwide market for auto accessories will come from the Asia Pacific. due to an increase in passenger vehicle manufacturing and sales in China, South Korea, and India. China is a well-known producer of aftermarket goods like car accessories, which are sold for less money. In addition, there are established supply chains for the automotive aftermarket in various nations in the Asia-Pacific region.
Key questions answered in the report:-
- What is your company profile, product information, and contact data?
- What are the outlook for the global industry in terms of capacity, production, and production value?
- What are the market share, supply, and consumption?
- What are the market dynamics of the market?
- What are the challenges and opportunities?
- What should be your entry strategy, your response to fiscal impacts, and your industry’s marketing channels?
Table of contents:
Chapter 1: Introduction, Market Drivers Product Research, and Research Objectives Scope Automobile Accessories Market
Chapter 2: Exclusive Summary – Basic Information of Automobile Accessories Market.
Chapter 3: Displaying Market Dynamics – Drivers, Trends, and Challenges of Automobile Accessories
Chapter 4: Automobile Accessories Market Factor Analysis Presentation Porters Five Forces, Supply/Value Chain, PESTEL Analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Display by Type, End-User, and County 2016-2021
Chapter 6: Assessment of Major Manufacturers in Automobile Accessories Market Comprising Competitive Landscape, and Company Profiles
Chapter 7: To evaluate the market by segments, countries, and manufacturers, with revenue share and sales by key countries for these different regions.
Chapters 8 and 9: Appendix, Methodology, and Data Source Display
Conclusion: All findings and estimates are provided at the end of the Automobile Accessories Market report. It also includes key drivers and opportunities along with regional analysis. The segment analysis is also provided in terms of type and application.
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