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Automotive Electric Side Step Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Automotive Electric Side Step Market SizeThe global Automotive Electric Side Step market was valued at US$ 86 million in 2023 and is anticipated to reach US$ 164.3 million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.
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Integration in Premium and High-End Models: Electric side steps were often featured as optional or standard equipment in premium and high-end vehicle models. Automakers sought to provide additional convenience and enhance the overall user experience in these vehicles.
Aftermarket Demand: Beyond original equipment manufacturer (OEM) installations, there was a growing demand for aftermarket electric side step solutions. Consumers who owned SUVs or trucks without factory-installed electric steps sought to retrofit their vehicles with these features.
Expansion into Mid-Range and Popular Models: While initially common in premium models, electric side steps started to make their way into mid-range and popular SUVs and trucks. As technology advanced, manufacturers sought to offer these features to a broader consumer base.
By Type
• SUV
• MPV
• Off-Road Vehicle
By Application
• OEM
• After Market
Key Companies
Foshan Wonder Tech Auto Accessories, Dongjian Automotive Technology, Mapletech, Bohai Automotive Systems, ActionTrac, CBS Automotive, Westin
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-36F16503/global-automotive-electric-side-step
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