Global Passenger Car External Accessories Aftermarket Market Growth (Status and Outlook) 2024-2030
Car accessories are parts added to the interior or exterior of a vehicle to enhance its aesthetics. Car owners prioritize both exterior and interior accessories to achieve a stylish exterior look and a comfortable, convenient interior feel. Passenger car accessories enable owners to upgrade them vehicles with advanced features, improving comfort, convenience, and functionality. These accessories cater to the specific needs and preferences of car owners and come in various forms. External accessories encompass items installed outside the car, including roof racks, LED lights, body kits (chrome accessories, bumper guards, and door visors), tires, car care products, body covers, alloy wheels, and window films. The growth of the external accessories market is driven by rising disposable incomes and strict vehicle regulations in certain countries.
The global Passenger Car External Accessories Aftermarket market size is projected to grow from US$ 300050 million in 2024 to US$ 403760 million in 2030; it is expected to grow at a CAGR of 5.1% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Passenger Car External Accessories Aftermarket Industry Forecast” looks at past sales and reviews total world Passenger Car External Accessories Aftermarket sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Car External Accessories Aftermarket sales for 2023 through 2029. With Passenger Car External Accessories Aftermarket sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Car External Accessories Aftermarket industry.
This Insight Report provides a comprehensive analysis of the global Passenger Car External Accessories Aftermarket landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Passenger Car External Accessories Aftermarket portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Passenger Car External Accessories Aftermarket market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Car External Accessories Aftermarket and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Passenger Car External Accessories Aftermarket.
The global trend of vehicle customization is on the rise, driven by a growing consumer desire to personalize their cars. This trend is especially noticeable among younger individuals who aim to enhance both their driving experience and their vehicle's aesthetics. Popular additions like chrome accessories, spoilers, LED lights, and alloy wheels not only improve the vehicle's look but also its functionality, which can boost the aftermarket for passenger car accessories. Furthermore, Digital technologies have transformed the design and operation of car accessories, including video panels, GPS, and multiple speakers. These advancements are not only improving the in-car experience but also fueling the demand for the passenger car accessories aftermarket. In June 2024, MG (Morris Garages), a British automobile brand with a 100-year-old Legacy, launched its all-new Summer Accessories Range designed for its portfolio of cars. This newly introduced range is specifically crafted to keep customer drives cool and comfortable during the summer months, ensuring an enhanced driving experience while protecting the vehicle. The accessories included in this range are tailored to meet the unique needs of MG car owners, promising both functionality and style.
This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car External Accessories Aftermarket market by product type, application, key players and key regions and countries.
Segmentation by Type:
Roof Racks
LED Lights
Body Kits
Alloy Wheels
Tires
Car Care Products
Window Films
Others
Segmentation by Application:
Electric Cars
Fuel Cars
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Roof Racks
LED Lights
Body Kits
Alloy Wheels
Tires
Car Care Products
Window Films
Others
Segmentation by Application:
Electric Cars
Fuel Cars
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Robert Bosch GmbH
Pioneer Corporation
Denso Corporation
Covercraft Industries, LLC
Delphi Technologies
Continental AG
Mont Blanc Group AB
Lear Corporation
Classic Soft Trim
Magna International Inc.
Qaulcomm Technologies Inc.
Alpine Electronics
Lloyd Mats
Hyundai Mobis
Harman International
Bridgestone Corporation
Michelin
Goodyear
Mahler
Tenneco
ZF
Hella
Please note: The report will take approximately 2 business days to prepare and deliver.