Automotive Accessories Market Size to Grow USD 1,946.3 Billion
Automotive Accessories Market Size to Grow USD 1,946.3 Billion

Automotive Accessories Market

The global automotive accessories market size is estimated to be worth USD 1,575.6 Billion in 2022 and is forecast to a readjusted size of USD 1,946.3 Billion by 2028 with a CAGR of 3.58% during the forecast period 2022-2028.

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Trends Influencing the Growth of the Automotive Accessories Market

The market for automobile accessories is anticipated to grow as the number of passenger vehicles and pickup trucks sold increases. The growth of aftermarket e-retailing in developed nations is anticipated to enhance the size of the automotive accessories market for interior accessories.

Additionally, it is anticipated that there will be a rise in demand for fast-moving auto accessories and vehicle modifications, which will accelerate market expansion.

Due to its increased disposable income and higher level of living, China was a significant contributor to the market for luxury cars. This component is expected to produce profitable opportunities for the growth of the automotive accessories sector.

The demand for vehicle accessories to provide protection from damage, increase safety, boost performance, and give a customized style is also anticipated to fuel market expansion. Your car will be shielded by a high-quality vehicle cover from a variety of environmental dangers, such as windy conditions and damaging solar rays, in addition to shielding it from a lot of dust. A few accessories that improve the performance of your car are rear windshield wipers, LED headlights, and fog lights. These should all be carefully considered.

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By Type
• Exterior Automotive Accessories
• Interior Automotive Accessories

By Application
• Passenger Cars
• LCV (Light Commercial Vehicles)
• HCV (Heavy Commercial Vehicles)

By Company
• 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
• C.C. Parts
• S. Auto Parts
• Lloyd Mats
• Covercraft
• Car Mate
• Classic Soft Trim
• Star Automotive Accessories
• Hyundai Motor Company
• Roush Performance
• JCA Fleet Services
• Renault
• Pioneer
• Garmin
• Pecca Group
• O’Reilly Auto Parts
• I Motors
• Momo

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This release was published on openPR.

By Tara