Press release
Global Automotive Chrome Accessories Market Forecast for Incremental CAGR Growth by 2022
Fact.MR
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Global automotive chrome accessories is a lucrative market, and this is especially true for the Europe region. Automotive chrome accessories add a distinct personality to the vehicle, making it stand out from the crowd and adding a flavor of its own. Automotive chrome accessories’ growth is fuelled by a growing automobile market in the world, especially true for the APEJ region. In addition, there is an increasing trend for customization of the vehicles, a trend that is most commonly seen in the younger generation. There is also a great demand for performance enhancing accessories in the automotive market that is fuelling the market for automotive chrome accessories. However, there are some distinct restraints that are restricting the market growth of the automotive chrome accessories market. The main restraint is the easy availability of cheap and counterfeit automotive chrome accessories that have flooded the market, sourced from mainly Asian countries. In addition, this market is highly fragmented, making it cost competitive to cut throat levels. Also, there are some regulations related to vehicle exterior modifications in certain regions of the world that are hampering the growth prospects of this market during the assessment period.
This Fact.MR report on the global automotive chrome accessories market forecasts that the global automotive chrome accessories market will touch a value of nearly US$ 9,539 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
Europe Market Set to Dominate the Global Automotive Chrome Accessories Market in Terms of Revenue
The market in Europe is set to dominate the global automotive chrome accessories market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe automotive chrome accessories market is the most attractive market, growing at a sluggish CAGR over the assessment period.
Scope
The scope of the report is to analyze the global automotive chrome accessories market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive chrome accessories manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
Body Side Mounding Segment Poised to Touch a Value of Nearly US$ 1,786 Mn in 2022
As per the forecast of Fact.MR, the body side mounding segment is expected to reach a value of nearly US$ 1,786 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Body side mounding segment is expected to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global automotive chrome accessories market through 2022, which include HELLA KGaA Hueck & Co, Thule Group AB, Oakmore Pty Ltd, Lund International, Inc., Covercraft Industries, LLC, Pep Boys - Manny, Moe & Jack, O'Reilly Automotive, Inc., U.S. Auto Parts Network, Inc., Mont Blanc Industri AB and Fratelli Menabo' Srl.
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Table of Content
1. Global Automotive Chrome Accessories Market - Executive Summary
2. Global Automotive Chrome Accessories Market Overview
2.1. Introduction
2.1.1. Global Automotive Chrome Accessories Market Taxonomy
2.1.2. Global Automotive Chrome Accessories Market Definition
2.2. Global Automotive Chrome Accessories Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Chrome Accessories Market Y-o-Y Growth
2.3. Global Automotive Chrome Accessories Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Automotive Chrome Accessories Market Analysis and Forecast By Product Type
3.1. Global Automotive Chrome Accessories Market Size and Forecast By Product Type, 2012-2022
3.1.1. Body Side Mounding Automotive Chrome Accessories Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Grille Covers Automotive Chrome Accessories Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continue…@@
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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