Tag: Exterior

Exterior Car Accessories Market Sales to Top US$ 253 Bn by 2031|Key Players- Thule Group, HELLA KGaA Hueck & Co and more

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Exterior Car Accessories Market 2022

Exterior Car Accessories Market 2022 Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast to 2031

NEW YORK, NEW YORK, UNITED STATES, September 29, 2022 /EINPresswire.com/ — Exterior Car Accessories Market 2022

According to the report by Persistence Market Research (PMR), 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 Billion revenue by the end of 2024.

This report provides in depth study of “Exterior Car Accessories Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. Exterior Car Accessories Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

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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 cocmmon 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.

The biggest challenge in the global market for exterior car accessories is the availability of counterfeit products that are sold at relatively low cost. These products are designed in such a way that it becomes difficult to differentiate between original and counterfeit product. However, regulatory bodies are introducing some guidelines that can help in differentiating between the counterfeit and original accessories for cars. Cost competitiveness is also likely to hamper the growth of the market in the near future. Meanwhile, the automotive industry is constantly coming up with innovative technologies such as smart lighting technology, active window display, biometric access, etc.

Key Companies- 

• Thule Group
• HELLA KGaA Hueck & Co.
• Oakmore Pty Ltd.
• Lund International, Inc.
• Covercraft Industries, LLC
• Classic Soft Trim
• CAR MATE MFG.CO.,LTD.
• Pep Boys
• O’Reilly Auto Parts
• U.S. Auto Parts Network, Inc.
• H.I Motors
• Star Automotive Accessories
• Momo Srl.
• Mont Blac Industri AB
• F.LLI MENABÒ SRL
• ruck Covers USA LLC
• Others.

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LED Lights to Gain Maximum Traction in the Global Market for Exterior Car Accessories

• On the basis of product type, LED lights are likely to emerge as one of the most preferred exterior car accessory during 2017-2024. LED lights are estimated to surpass US$ 76,000 Million revenue.

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Automotive Silicone Marketplace Dimension To Attain USD 15.90 BN In 2030 Because of to High-Advancement Application Locations These As Electrical Parts And Interior & Exterior Areas Used In Automobile Marketplace, And Huge Advancement In Automobile Field, Claims Reviews And Knowledge

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NEW YORK, April 5, 2022 /PRNewswire/ — The world automotive silicone industry dimension is anticipated to access USD 15.90 Billion in 2030 and register a revenue CAGR of 5.8% about the forecast interval, according to most recent report by Studies and Details. Escalating use of silicone-based movie adhesives for customizing autos is expected to travel current market income expansion around the forecast period of time. Silicone is ever more staying made use of in put together with thermoplastics to generate paint finishes with mar and scratch repellent, due to recent technological breakthroughs in paint & coating business. Growth of passenger motor vehicle ownership in international locations these as Mexico, India, China, and Vietnam, fueled by financial advancement and increasing earnings levels is predicted to gasoline automotive silicone marketplace more than the forecast time period.

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Rubber, adhesives & sealants, and coatings are common takes advantage of for the item in automobiles. They enjoy a major position in enhancing car gas effectiveness, ensuing in lower destructive emissions. Silicones’ superior attributes in excess of other products have led to an increase in their use in creation of many automotive elements. It is utilized in nearly each and every inside and exterior element, such as doorway panels, flooring, tires, seat belts, cables, lubricants, and plugs. It comes in a range of sorts, such as compounds, bases, and liquids, and can be utilised in a assortment of automotive applications, these as exhaust mounts, gas cells, spark plug boots, electronic handle process seals, airbags, and grommets. The products has strong prospective for use in hybrid engines. As a result, rising silicone rubber use is expected to have a favorable influence on market place around the forecast time period.

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Some Crucial Highlights from the Report

  • Adhesives & sealants phase earnings is predicted to grow at a considerable level above the forecast period of time. Dashboards and trims, engine compartments, electrical systems, mild assembly, structural bonding, and glass bonding are illustrations of programs for silicone-primarily based adhesives & sealants in automotive market. Raise in require for fuel performance as a result of car fat reduction has amplified demand from customers for improving quality of silicone-primarily based adhesives & sealants used in vehicle market.

  • Engines phase earnings is anticipated to register sizeable earnings CAGR in excess of the forecast time period. Silicone is utilized to multi-layer steel gaskets to continue to keep them from clinging to other steel areas in motor and to raise chilly sealing. Silicone has equally anti-stick and adhesion qualities, depending on its composition. Moreover, silicone’s versatility allows it to swiftly adapt to various thermal enlargement coefficients, which is especially effective on multi-substance seams. Steel, aluminum, and plastic are illustrations of this.

  • Some others segment contain rain & distance sensors, paint & plastic polishes, sheathing & protecting, and crack-defense caps. Silicone is effective to sensor technologies. Rain sensors on car windshields, for case in point, detect presence of rain and

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Exterior Car Accessories Market is Forecast to Reach a Value at a CAGR of 7.6% by 2027 | Oakmore Ltd, Momo Srl, O’Reilly

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exterior car accessories

Exterior Car Accessories Market to Grow with Growing Popularity of Vehicle Customization

#3200,SEATTLE, WASHINGTION , UNITED STATES, December 17, 2021 /EINPresswire.com/ — United States/WA: The global exterior car accessories market was valued at US$ 175236.9 Mn in 2019 and is forecast to reach a value of US$ 314,392.8 Mn by 2027 at a CAGR of 7.6% between 2020 and 2027.

Market Overview:-
Exterior car accessories are utilized to improve the vehicle’s overall appearance. This may include, among other things, a plastic car door guard, rear mudguard, front mudguard, bumper guard, stickers, decals, wraps, tire inflators, and a spoiler. Other key exterior pieces of a car are engine splash shields, bonnets, fenders, and bumpers. Outside automobile accessories are modifications to a vehicle’s exterior that improve its overall appearance and functionality. Exhaust nozzles, door visors, mudflaps, led DRL lights, wipers, bumper reflectors, and other car external accessories are used to modify and/or customize the vehicle. As a result of the growing popularity of vehicle customization, the need for exterior car accessories is developing globally.

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Key Takeaways:-

The exterior car accessories market is expected to exhibit a CAGR of XX % during the forecast period owing to the increasing demand for car accessories and availability of car accessories on online platforms. For instance, in April 2021, Carluxxe Outfitters announced the launch of their new website to bring accessories closer to car buffs. Carluxxe Outfitters seeks to provide the best possible shopping experience to people looking to give their cars and trucks the best form of treatment to meet their vehicle needs.

Among regions, North America and Asia Pacific are expected to witness robust growth in the exterior car accessories market due to rapidly growing automotive industry, increasing automotive fleet, and availability of car accessories on e-commerce platforms. For instance, according to the International Trade Administration, Mexico is the sixth-largest passenger vehicle manufacturer, producing around 3 million vehicles annually. Moreover, over 89% of vehicles produced in Mexico are exported, with 80% destined for the United States.

Moreover, in March 2021, Amazon launched a sale on cars and bike accessories, offering up to 75% off on car mats, tyre inflators, jumper cables, and much more.

The Study Include Key Companies:
◙ Oakmore Pvt Ltd,
◙ Car Mate Manufacturing Co. Ltd.,
◙ Lund International, Inc.,
◙ Truck Covers Usa Llc,
◙ Lloyd Mats, Pep
◙ Boys, Thule Group,
◙ U.S. Auto Parts Network, Inc.,
◙ Covercraft Industries Llc,
◙ Mont Blac Industry

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Key Market Drivers:-

➡ Increasing automotive fleet and rising expenditure on exterior accessories is expected to fuel the growth of the exterior car accessories market during the forecast period. Consumers spend on various exterior car accessories to enhance the overall appearance of the vehicle. According to India Brand Equity

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