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Automotive Mobile Accessories: Industry’s New Sweet Spot Driven by Innovation

2019-03-18 13:29:20 | Business
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.

The augmentation of smartphones have augured well for the players in automotive mobile accessories as it offers convenience in monitoring GPS navigation.  Accordingly, some of the pertinent mobile phone accessories producing companies such as Nokia, Panasonic, Samsung, Philips, Sony-Ericsson and Bosch have increased their investments.

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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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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.

The actionable insights in the report is the result of primary sources, including surveys, interactions in person, a reliable and authentic views of seasoned analyst, interviews and perusal of experts. In addition, the report is propelled by secondary sources incorporating trade journals, resourceful database and authentic and verified paid sources. The report is also backed up by absolute dollar opportunity analysis which has considerable influence in shaping the growth of the automotive mobile accessories market.

Automotive Mobile Accessories: Competitive Landscape

A comprehensive analysis of competitive landscape of the automotive mobile accessories market is backed up by a thorough assessment of Porters’ Five Force Analysis. The report sheds light on company overview, financial overview, strategies, recent development, sales footprint and product portfolio.

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