SUV and Truck Exterior and Outdoor Accessories Market Research Report: By Product Type (Exterior Accessories {Nudge Bars, Side Steps, Front/Rear Guard, Cargo Barrier and Dividers, Pet Guards and Others} and Outdoor Accessories {Roof Rack, Bike Rack, Roof Box, Ski Rack, Canoe/kayak carriers and Others}), by Application (SUVs and Truck), by Vehicle Propulsion (ICE and Electric), by Sales Channel (OEM and Aftermarket {Online and Offline}) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Industry Forecast Till 2032
The SUV and Truck Exterior and Outdoor Accessories Market
was valued at USD 8,012.4 million in 2023. The SUV and Truck Exterior and Outdoor Accessories Market is expected to increase from USD 8,437.0 million in 2024 to USD 13,071.9 million by 2032, with a compound yearly growth rate (CAGR) of 5.6% over the forecast period (2024-2032). The increasing demand for adventure and outdoor activities, as well as the growing number of consumers seeking experiences that reconnect them with nature. Off-roading and overland travel are two elements that contribute to increased demand, which in turn encourages the adoption of specialist accessories that are appropriate for difficult terrains and long voyages.
The increased integration of smart technology has given exterior and outside SUV and truck accessories a deeper significance, creating a large market opportunity. Consumers want more from their vehicles, such as enhanced functionality, better convenience, and other features. Smart Accessories integrate functionality into trackable goods, such as GPS tracking and remote monitoring, making them controlled via smartphones. Smart roof racks, automated towing systems, and smart lighting solutions improve both usability and driving pleasure.
Market Segment insightsThe SUV and Truck Exterior and Outdoor Accessories Market is divided into two product types: exterior accessories and outdoor accessories.
The market has been divided into two segments based on application: SUVs and trucks.
Based on vehicle propulsion, the Global SUV and truck exterior and outdoor accessories market is divided into two categories: ICE and Electric.
The market is divided into two segments based on sales channel: OEM and aftermarket.
Regional insightsThe SUV and truck exterior and outdoor accessories market has a larger market share in North America, owing to strong demand for these goods for cars, particularly in the United States and Canada. SUVs and trucks are the most popular vehicle types in this region, with applications spanning from family to recreation and business. The growing popularity of off-road driving, adventure travel, camping, and tailgate events has raised demand for outdoor equipment like as roof racks, bike racks, cargo carriers, and pet guards.
The market for SUV and truck accessories in Europe is gradually rising as SUVs become more popular as family and recreational vehicles. It is clear that the opinion of these countries is that SUVs are all-round cars, appropriate for urban use as well as traveling in rural areas and even on lengthy inter-city routes, as evidenced by the following numbers of SUV sales in several countries; Roof boxes, ski racks, and cycle racks were popular extras among European buyers, as skiing, riding, and camping are common activities in Europe.
The Asia Pacific market is quickly increasing, with a focus on the SUV and truck accessories industry, China, India Japan and Australia are the market's primary drivers. China, the world's largest automotive market, has seen a surge in SUV sales as more middle-class individuals seek utility and pride.
Major PlayersThule Group, Yakima, Inc., INNORACKS USA, WeatherTech, SportRack, ARB, Rhino Rack Australia Pty Limited, Westin Automotive Products, Inc., RockyMounts, StowAway Cargo Carriers, EGR USA, The RoofBox Company, Smittybilt Inc., MAXTRAX Pty Ltd ATF, CURT Manufacturing LLC., and Other Players.