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Automotive Chrome Accessories Market Report by Product Type, By Demand, By Production, By Top Players with Forecast till 2022

06-07-2018 04:49 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

The rapidly expanding automotive chrome accessories market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Automotive Chrome Accessories Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which noticeably examines the prospects of the global automotive chrome accessories market industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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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.

4 Forecast Highlights on Global Automotive Chrome Accessories Market

1- As per the forecast from Fact.MR, the grille covers automotive chrome accessories segment is slated to touch a value of nearly US$ 1,676 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The grille covers automotive chrome accessories segment is estimated to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2- As per the forecast of Fact.MR, the aftermarket automotive chrome accessories segment will reach a value of nearly US$ 5,175 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The aftermarket automotive chrome accessories segment is estimated to account for nearly two-third of the revenue share of the sales channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

3- As per the forecast of Fact.MR, the compact passenger cars segment is slated to reach a value of nearly US$ 2,771 Mn in 2022. The compact passenger cars segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the Europe region in the compact passenger cars segment.

4- Fact.MR forecasts the Germany automotive chrome accessories market to grow from nearly US$ 843 Mn in 2017 to nearly US$ 924 Mn in 2022. This represents a compound annual growth rate (CAGR) of 1.8% from 2017 to 2022.

Browse Full Report with TOC@ https://www.factmr.com/report/141/automotive-chrome-accessories-market

Table of Contents:

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
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
Continued……..

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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 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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