Global Automotive Electric Side Step Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Automotive Electric Side Step Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Automotive Electric Side Step market size was valued at USD 89 million in 2023 and is forecast to a readjusted size of USD 157.5 million by 2030 with a CAGR of 8.5% during review period.

An Automotive Electric Side Step, also known as a power running board or electric retractable step, is a feature installed on certain vehicles, particularly SUVs and trucks. It is designed to provide convenience and ease of access to the vehicle's cabin by extending a step or running board when the vehicle doors are opened and retracting it when the doors are closed.

Integration in Premium and High-End Models: Electric side steps were often featured as optional or standard equipment in premium and high-end vehicle models. Automakers sought to provide additional convenience and enhance the overall user experience in these vehicles.

Aftermarket Demand: Beyond original equipment manufacturer (OEM) installations, there was a growing demand for aftermarket electric side step solutions. Consumers who owned SUVs or trucks without factory-installed electric steps sought to retrofit their vehicles with these features.

Expansion into Mid-Range and Popular Models: While initially common in premium models, electric side steps started to make their way into mid-range and popular SUVs and trucks. As technology advanced, manufacturers sought to offer these features to a broader consumer base.

The Global Info Research report includes an overview of the development of the Automotive Electric Side Step industry chain, the market status of OEM (SUV, MPV), After Market (SUV, MPV), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Electric Side Step.

Regionally, the report analyzes the Automotive Electric Side Step markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Electric Side Step market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Automotive Electric Side Step market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automotive Electric Side Step industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., SUV, MPV).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automotive Electric Side Step market.

Regional Analysis: The report involves examining the Automotive Electric Side Step market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automotive Electric Side Step market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Automotive Electric Side Step:

Company Analysis: Report covers individual Automotive Electric Side Step manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automotive Electric Side Step This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (OEM, After Market).

Technology Analysis: Report covers specific technologies relevant to Automotive Electric Side Step. It assesses the current state, advancements, and potential future developments in Automotive Electric Side Step areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automotive Electric Side Step market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Automotive Electric Side Step market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
SUV
MPV
Off-Road Vehicle

Market segment by Application
OEM
After Market

Major players covered
Foshan Wonder Tech Auto Accessories
Dongjian Automotive Technology
Mapletech
Bohai Automotive Systems
ActionTrac
CBS Automotive
Westin

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automotive Electric Side Step product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automotive Electric Side Step, with price, sales, revenue and global market share of Automotive Electric Side Step from 2019 to 2024.

Chapter 3, the Automotive Electric Side Step competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automotive Electric Side Step breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Automotive Electric Side Step market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Electric Side Step.

Chapter 14 and 15, to describe Automotive Electric Side Step sales channel, distributors, customers, research findings and conclusion.