Interior Car Accessories Market |
The global Interior Car Accessories Market is estimated to be valued at US$ 252360.27 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The interior car accessories market covers products that enhance the aesthetic
appeal and functional requirements of a vehicle's interior. This includes
lighting solutions, electronics accessories, protective accessories, seat
covers and others. Automotive interior lighting solutions are gaining
popularity among customers as they add style and ambience to the vehicle
interior.
Market key trends:
One of the key trends in the interior car accessories market is the growing
demand for multifunction and customizable lighting solutions. With advances in
LED technology, manufacturers are able to offer dynamic and adjustable interior
lighting themes. Users can customize the light color, brightness, sequences and
zones using mobile apps as per their preferences. The lighting solutions also
sync with the infotainment system and adjust based on the music playback. This
has made interiors high-tech and enhanced the in-vehicle experince for
customers.
Segment
Analysis
The global interior car accessories market is segmented by product type,
vehicle type and distribution channel. By product type, electronics accessories
segment dominates the market and is expected to maintain its dominance over the
forecast period. This is owing to the rising adoption of advanced infotainment
systems and connectivity features in new vehicles.
Key Takeaways
The global Interior
Car Accessories Market Growth is expected to witness high growth,
exhibiting a CAGR of 5.6% over the forecast period, due to increasing consumer
demand for car personalization and customization.
Regional Analysis
Regionally, Asia Pacific dominates the interior car accessories market and is
expected to grow at the fastest pace during the forecast period. Countries like
China, Japan and India having large automotive base are major contributors to
the growth of the regional market.
Key Players
Key players operating in the interior car accessories market are Momo Srl,
Pioneer Corporation, Star Automotive Accessories, Garmin Ltd., H.I. Motors,
Pecca Group Berhad, U.S. Auto Parts Network, Inc., Covercraft Industries, LLC,
O'Reilly Auto Parts, Lloyd Mats, CAR MATE MFG. CO., Ltd., and Classic Soft
Trim. The market is highly fragmented with the presence of several global and
regional players. However, momo srl holds significant share in the aftermarket
interior car accessories.
For more insights, read- https://www.ukwebwire.com/interior-car-accessories-market-trends-size-and-share-analysis/
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