Press release
Global Automotive Chrome Accessories Industry Assessment & Market Growth Evolution Forecasted for the Period 2017-2022
Fact.MR
Request for Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=141
Automotive chrome accessories market is exhibiting a steady growth throughout the world, owing to the fact that chrome accessories add shine, color and own distinct personality to any automobile. The drivers supporting this market are the increasing trend for vehicle customization, especially amongst the younger generation, which is fuelling the sales of chrome accessories for cars and other vehicles. Besides, there is a growing demand for pickup trucks in the developed countries of the world, which is also having a positive impact on the sales of automotive chrome accessories. In addition, there is a rising demand for performance enhancing exterior car accessories in the market, thereby directly increasing the sales of automotive chrome accessories. Also, the rapidly expanding automotive market in the developing regions of the world, especially APEJ, is giving a fillip to this market. Chrome accessories give a distinct look to the vehicle and make it stand out in the crowd. Presently, more and more people are preferring to opt for such automotive chrome accessories in order to enhance the performance of their car and shedding away the drab & boring-looking plastic accessories. However, there are many challenges that this market is facing. The main challenge is the easy availability of cheap and counterfeit chrome accessories imported mainly from the Asian countries. In addition, a huge fragmentation of the market leads to cost competitiveness and regulations related to modification of vehicle exteriors in some regions of the world may hamper the growth of the automotive chrome accessories market.
As per their general definition, automotive chrome accessories enhance the look and feel of the car and give it a distinct personality as compared with an automobile without any such accessories. They are mainly used for twin purposes of increasing the aesthetic value of the vehicle and enhancing its performance.
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.
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.
Browse Full Report with TOC- https://www.factmr.com/report/141/automotive-chrome-accessories-market
OEM Automotive Chrome Accessories Segment to exhibit a CAGR of 3.4% During the Assessment Period
As per the forecast of Fact.MR, the OEM automotive chrome accessories segment is slated to touch a figure of nearly US$ 3,682 Mn in the year 2022. This represents a CAGR of 3.4% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The OEM automotive chrome accessories segment is expected to account for more than one-third of the revenue share of the sales channel segment by the year 2017.
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.
Table of Content
Global Automotive Chrome Accessories Market - Executive Summary
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
Read More>>>
Request Discount of this Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=141
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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.
Contact Us
Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Chrome Accessories Industry Assessment & Market Growth Evolution Forecasted for the Period 2017-2022 here
News-ID: 1044713 • Views: …
More Releases from Fact.MR
Textile Coatings Market Outlook US$ 5 Billion Valuation Anticipated by 2031
The global textile coatings market (繊維コーティング市場) is expected to show steady growth, nearly doubling in size from 2021 to 2031. Starting at a valuation of US$ 3.4 billion in 2021, it is projected to reach US$ 5 billion by 2031. Textile coatings play a crucial role in enhancing the performance and functionality of textiles across various applications. These coatings are applied to fabrics to improve properties such as durability, water…
Factors Influencing the Agricultural Tractor Market to Achieve a 6% CAGR, Reachi …
Global agricultural tractor sales are projected to reach a market value of US$ 63 million in 2022 and are anticipated to achieve a CAGR of 6% over the assessment period of 2022-2032, reaching a cumulative market value of US$ 113 million. The agricultural tractors market (農業用トラクター市場) is a critical segment of the global agricultural machinery industry, playing a vital role in enhancing agricultural productivity and efficiency. Tractors are versatile machines…
Industrial Floor Coatings Market Expected to Reach US$ 7 Billion by 2033, Growin …
The global industrial floor coatings market (工業用床コーティング市場) is projected to increase from US$ 5.5 billion in 2023 to US$ 7.3 billion by 2033. During the forecast period, the market is anticipated to grow at a modest rate of 3.0%. Industrial floor coatings play a pivotal role in enhancing the durability, aesthetics, and safety of floors in various industrial settings. From warehouses to manufacturing facilities, these coatings offer protection against corrosion,…
Behavioural Health Treatment Market Forecast Expanding at 2.9% CAGR | Fact.MR
The global behavioural health treatment market (行動健康治療市場) is expected to grow at a compound annual growth rate (CAGR) of 2.9% during the forecast period. This growth will primarily be driven by the increasing adoption of telepsychiatry procedures in the industry. Furthermore, the surge in mental health issues resulting from stress, peer pressure, and social and economic challenges is anticipated to further boost the demand for behavioural health care services. The…
More Releases for Auto
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Automotive Valve Market: Worldwide Auto-Accessory, SEECO, Dengyun Auto-parts
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Valve Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This industry study presents the global Automotive Valve market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Valve production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Valve in volume terms are also provided for major countries…
Global Three Wheelers Market 2017- Bajaj Auto Limited, Atul Auto Limited
Apex Market Reports, recently published a detailed market research study focused on the "Global Three Wheelers Market" across the global, regional and country level. The report provides 360° analysis of "Global Three Wheelers Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Three Wheelers industry, and estimates the future trend of Global…
Dallas Auto Paint Offers The Best Auto Body Repair Services
Best Auto Body Repair Services in Dallas, TX
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient…
Dallas Auto Paint Offering You the Best Auto Body Repair Services
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient than its traditional counterpart. For shallow dents,…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…
