DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Passenger Car Accessories Market Size, Demand, Opportunity & Growth Outlook 2023" report to their offering.
Global Passenger Car Accessories Market to Mark a Revenue of USD 394.5 Billion by 2023
Passenger car accessories are gaining traction among consumers as they offer stylish look, entertainment and comfort. Car accessories enable the consumer to upgrade their cars with advanced features.
The interior car accessories such as MP3 players, LED screens and seat cover offer comfort and advanced entertainment system. Further, seat cover accessories serve a dual purpose of comfort as well as protection to the seats. Rising activities of theft and accidents are increasing the consumer awareness about security system accessories such as gear lock, power lock, GPS security and others. The security system accessories alert the owner of car in the case of theft. Apart from this, exterior car accessories such as body covers, bumpers and others provide security from damaging the powertrain system and interior parts of the car.
Global passenger car accessories market is flourishing due to the rise in sale of automobiles. The various countries such as U.S, Germany, China and Japan are witnessing the demand for automobiles. As a result, the adoption of the passenger car accessories is rising due to the benefit such as security, comfort and others.
The passenger car accessories market is expected to expand at a CAGR of 7.5% during the forecast period of 2016-2023. The market growth will be driven by the booming sale of passenger car vehicles and technological advancement in passenger car accessories.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Risk Analysis
4. Global Passenger Car Accessories Market Size and Forecast, 2016-2023
5. Market Dynamics & Its Impact Analysis
6. Global Passenger Car Accessories Market Segmentation Analysis
7. Porter's Five Force Model Analysis
8. Competitive Landscape
- Ford Motor Inc.
- General Motors
- Hyundai Motor Group
- Toyota Motors
- Volkswagen Group
For more information about this report visit https://www.researchandmarkets.com/research/vrvjg7/global_passenger