The European Accessories Market 2012 - 2020: Market size, Market Forecast and Recommendations

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Original Content:

"The European Accessories Market 2012 - 2020: Market size, Market Forecast and Recommendations", a Trend Report by Publisher, provides an executive-level overview of the European vehicle accessories market.The passenger car accessories market will continue to evolve over the next four years to 2020. With vehicles becoming more diverse, and new niches being created, the scope and potential for vehicle accessories is also rapidly evolving. As vehicles and parts become ever more reliable, demand for replacement parts is diminishing and Original Equipment Manufacturers (OEMs) are facing a long term decline in aftersales revenues. This has prompted a renewed focus on accessories which remains a largely under exploited opportunity for most OEMs, and one which offers the scope for major profits to be made.

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Report Scope
-The top three key expected priorities as identified by respondents are-expansion in current markets, improving operational efficiency, and new product development
-Developed markets such as the US, the UK, and Germany are identified as important regions for growth over the next six months by IT industry respondents
-New product development, and research and development are projected to record a significant increase in capital expenditure over the next six months
-Executives expect procurement activities for IT services and technology and license purchases to increase during July-December 2017
-In total, 28% of executives who operate in North America have no awareness about their organizations' e-procurement

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Reasons to buy
-Highlights key business priorities thus helping IT companies to realign business strategy

-Develop or adjust business expansion plans by using significant growth-offering emerging and developed markets

-Make changes in procurement budget allocations through procurement budget projections anticipated by executives for July 2017-December 2017

Table of Contents
Global Business Outlook in July 2017-December 2017

Strategic business priorities

Emerging markets with significant growth potential

Growth potential for developed markets

Mergers and acquisition

Leading business concerns

Capital expenditure projections

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