Passenger Car Accessories Market Analysis

The global passenger car accessories market is segmented and analyzed for demand and supply by distribution channel into original equipment manufacturer (OEM), and aftermarket. Out of these sub-segments, the aftermarket segment is anticipated to grow at a significant rate owing to its wide supply chains with major distributors and retailers, and the advent of various e-commerce stores that are making it easier to purchase desired car accessories at the comfort of home. For instance, there are approximately 1800 online auto parts and accessories stores worldwide.

Our in-depth analysis of the global passenger car accessories market includes the following segments

By Type

Interior
- Seat Covers & Cushions
- Seat Belts
- Others

Exterior
- Doors
- Windows
- Wheels & Rims
- Mirrors
- Others
- Electronics
- Dashcams
- Lightings
- Backup Cameras
- Audios & Videos
- GPS & Navigation
- Chargers
- Sensors
- Others

By Vehicle Type

Compact
Mid-Size
SUVs
Luxury

By Distribution Channel

Original Equipment Manufacturer (OEM)
Aftermarket

Frequently Asked Questions (FAQ)

Newly allowed automobile regulations, rising cases of car theft, growing disposable income, and rise in lifestyle status are some major factors driving the growth of the passenger car accessories market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 â€“ 2031.

High cost of car accessories, lack of standards and policies, and competition from local manufacturers are estimated to hamper the market growth.

The market in Asia Pacific region is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.

The major players in the market are Pioneer Corporation, Lloyd Mats, Covercraft Industries, LLC, Robert Bosch GmbH, Delphi Technologies, Continental AG, Mont Blanc Group AB, Alpine North America, Inc., Classic Soft Trim, and others.

Passenger Car Accessories Market Analysis