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BMW ACCESSORIES : BMW Partners with Fossil Group for Branded Accessories Drive

Increase in the sales of cars globally and growing interest in the concept of vehicle customization are driving the global exterior car accessories market. However, the latest trend of car customization is likely to remain one of the key factors in the growing demand for exterior car accessories. Need for speed and performance is also pushing the market for car accessories that support high performance. The most common exterior car accessories include mud guard, car wrap, taillight, reflectors, window films, fog lamp covers, sun roof, license plate cover, LED lights, bugflectors, decals, and others. Car owners are also moving towards personalization trend to enhance the look and overall style of the car.

The first items from the Fossil Group/BMW branded range will begin to drop into stores next year, with collections to be sold globally in more than 4,000 BMW retail channels and key retailers in Fossil Group’s extensive international network. BMW had recently announced plans to invest one billion euros to build a new plant in Hungary. The plant will be built near the city of Debrecen and will have a production capacity of 150,000 cars.

Car Accessories News : Market Will Continue to Grow by 2026

Car Accessories News

Car Accessories news

Zion Market Research added an exclusive research on “Global Car Accessories Market size estimated to reach USD 522.01 Billion by 2022” in its database.  The research report represents a comprehensive assessment of the Car Accessories Market and contains key insights, facts, historical and future data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Car Accessories Market research report provides analysis and information according to categories such as market size, share, industry segments, geographies, type of product and competitive landscapes.

Global Car Accessories Market Report covers major market characteristics, size, and growth, key segments, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the Car Accessories Market sales and revenues, covering both the historic and forecast the growth of the market future. Drivers and restraints explain the external factors supporting and controlling the growth of the market. The Car Accessories Market segmentations break down the key sub-sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

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Competitive landscape of Car Accessories Market gives a description of the competitive nature of the market, market shares, and a description and profiles of the leading companies. Key financial deals which have shaped the market in the last five years are identified. The trends and strategies section highlights the likely future developments in the Car Accessories Market and suggests approaches.

The geographic segments of Car Accessories Market report include North America, Europe, Asia-Pacific, and RoW. The North American segment is expected to lead the largest share of the market in 2017.

Some major regions covered in this report are:

  • North America#
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America

The report also includes a value chain analysis and market attractiveness analysis of the Car Accessories Market. Standard analytical tools such as Porter’s five forces and SWOT analysis have been used to fetch the feasibility and profitability of new ventures in this market. The Car Accessories Market report includes a detailed analysis of industry key segments, which includes market share and revenue estimations of these segments until the end of the forecast period.

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Major Key points covered in this report:

  • Industry outlook and analysis for the Car Accessories Market on a global and regional level.
  • Drivers & restraints that are influencing the market growth
  • Market growth opportunities, size, share, major segments and major market players.
  • Projected industry growth rate along with the size and share of the Car Accessories Market during the forecast period.
  • The key factors expected to drive the Car Accessories Market for the forecasted period.
  • The major market players and their business strategy for success.
  • Global trends and opportunities that shaping the growth prospects of the Car Accessories Market.
  • The major challenges that restrict the growth of the industry during the forecast period.

The Global Car Accessories Market research report analyzes key parameters of the Car Accessories Market such as manufacture analysis, size, share, forecast trends, sales, supply, production, demands, industry, and CAGR. The report demonstrates key elements of the market such as application, modernization, product growth, and varied frameworks & actions. It also highlights a variety of modifications done to ease the process of functioning of the Global Car Accessories Market.

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