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Automotive Mobile Accessories Market: Europe is Estimated the Dominant Region

2019-06-14 16:52:51 | Business
Fact.MR compiled a report on automotive mobile accessories market for the forecast period of 2017 to 2022. The automotive mobile accessories market is foreseen to witness revolutionary impact from the striking evolution of digitalization in automotive industry. Integration of advanced automotive mobile accessories are perceived to play a substantive role in diversifying purchase decisions of consumers by enhancing appeal of the respective automobile in automotive mobile accessories
market. Rising integration of automotive mobile accessories with telematics is envisioned to be a remunerative opportunity for key players of automotive mobile accessories market to count on for high return on investment. This report on automotive mobile accessories market is compiled post a close assessment of factors influencing automotive mobile accessories market during the forecast timeline.

Automotive manufacturers are relentlessly working to improve the way vehicles are marketed and sold. On the hindsight, with the increasing average life of automobiles, the value chain of automotive is focusing on aftermarket mobile accessories—mobiles have taken over the world.

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The rising fad for enhancing functionality of vehicles is inducing a significant demand hike in the automotive mobile accessories market. Furthermore, the need for enhancing connectivity features on the go is foreseen to provide the much-needed fillip to growth of automotive mobile accessories market. As per the report mentioned by Fact.MR, the automotive mobile accessories market valued US$ 24,320 Mn in 2017. The market is further estimated to value around US 30, 416 Mn by 2022 end.

Profound use of GPS in cab service providers such as Uber and Ola has propelled the sale of automotive mobile accessories. The growing demand for magnetic air vent phone holders is anticipated to augur well for the players in the Automotive Mobile Accessories Market. Meanwhile, the ephemeral battery life of smartphone has opened avenues for USBs in automotive mobile accessories. Besides, playing of audio or video files is in vogue, which is expected to spur the sale of USB cables.

The companies in automotive mobile accessories are looking to come up with a range of product offerings, focusing in fields such as body structures and core components. Further, manufacturers are investing in research and development activities to study the consumers’ behavior which will help them in assessing customization and additional features.

Automotive Mobile Accessories: Report Content

This report presents a robust analysis on automotive mobile accessories market with the support of quantitative and qualitative analysis. The report reveals the dynamics of the market, including drivers, opportunities, trends and restraints which have considerable impact in the growth of the market. The report also includes segregation of the market to offer an in-depth analysis of the automotive mobile accessories.

The report encompasses executive summary followed by market overview section. The automotive mobile accessories market overview section deals with value chain analysis, key trend analysis and Porters’ Five Force Analysis. Porters’ Five Force Analysis gives insights on competitive scenario of the market. The report also includes the market attractiveness analysis along with market outlook. The report also includes pricing analysis and market volume projections. Further, the report provides holistic approach on consumer behavior analysis and major distributors’ lists. The report also provides assessment on supply chain and cost structure analysis along with pricing analysis.

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https://www.factmr.com/report/6/automotive-mobile-accessories-market

The report provides actionable insights on macroeconomic factors, including economic outlook, profitability of enterprises. The macroeconomic factors also offers deep dive analysis on inflation and deflation.

Automotive Mobile Accessories: Competitive Landscape

The report has profiled some of the key vendors of the automotive mobile accessories, which include names such as Belkin International, Targus International, LLC, Car Mate Mfg Co. Ltd., Mophie, Inc., Griffin Technology, Inc., iOttie, Arkon Resources, Inc., Pro.Fit International, Inc., BRACKETRON, INC., Moshi, Anker Technology Co. Limited, Wizgear, and Mountek.

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