United States (USA) Exterior Car Accessories Market Research Report, 2028

United States (USA) Exterior Car Accessories Market Research Report, 2028

Actual Market Research 28-02-2023 50 Pages Figures : 4 Tables : 16 Region : North America Country : United States Category : Automotive & Transport Automotive Parts

The automotive industry in the United States began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. The United States was the first country in the world to have a mass market for vehicle production and sales and is a pioneer of the automotive industry and mass market production processes. For decades, through the boom and bust years of the 20th century, the American automotive industry had an immense impact on the domestic economy. The number of new cars sold annually was a reliable indicator of the nation's economic strength. The auto industry accounts for 3% of America's GDP. The United States is home to many major automotive manufacturers, including General Motors, Ford, and Chrysler. In addition, there are many foreign-owned manufacturers who have production facilities in the United States, such as Toyota, Honda, and Nissan. Detroit is the centre of the U.S. automobile industry, as the "Big Three" auto manufacturers, General Motors, Ford, and Chrysler, are all headquartered in Metro Detroit. Long recognised as the historic heart of the American automotive industry, Detroit took on the nickname "Motor City." Many people in the United States view their cars as an extension of their personal style and identity. Exterior car accessories provide a way to customise and personalise their vehicles, from simple upgrades like new wheels or a grille to more elaborate modifications like body kits or custom paint jobs. According to the research report, "United States Exterior Car Accessories Market Research Report, 2028," published by Actual Market Research, the market is anticipated to grow at more than 5% CAGR by 2023–28. Many people in the United States do prefer exterior car accessories to customise and enhance the appearance and functionality of their vehicles. Exterior car accessories can include items like window tinting, custom wheels and rims, grille guards, roof racks, and body kits. Customizing cars with exterior accessories has been a popular trend in the United States for many years, especially among car enthusiasts and those who enjoy personalising their vehicles. For many people, exterior car accessories are a way to express their personality and individual style through their vehicle. In addition to their aesthetic appeal, exterior car accessories can also serve functional purposes, such as providing additional storage space, improving vehicle performance, or enhancing safety on the road. For example, roof racks and cargo carriers can make it easier to transport gear and equipment, while LED light bars can improve visibility in low-light conditions. The popularity of exterior car accessories in the United States is driven by a combination of personal style preferences, functional needs, and the desire to make vehicles stand out on the road. Exterior car accessories have been a part of American car culture for decades and have evolved along with advancements in automotive technology and changes in consumer tastes. The post-World War II era brought a surge in automobile ownership and, with it, a demand for customization options. This led to the rise of hot rodding culture and the popularity of custom paint jobs, chrome trim and oversized exhaust pipes. In the 1980s, the popularity of SUVs and pickup trucks grew during this decade, and accessories such as roof racks, bed liners, and grille guards became popular among owners. However, during the 2000s, advances in LED lighting technology led to the popularity of aftermarket headlights, taillights, and undercar lighting kits. The rise of eco-consciousness also led to the popularity of accessories such as roof-mounted bike racks and hybrid car decals across the country. Nowadays, with the advent of smartphones and mobile devices, accessories such as phone mounts and wireless charging pads have become popular among car owners. The popularity of SUVs and pickup trucks also continued to grow, leading to the development of accessories such as bed extenders and tonneau covers. The history of exterior car accessories in the United States is a reflection of the changing tastes and technological advancements of American car culture. From hot rods to hybrid cars, car accessories have evolved along with the cars themselves, providing car owners with countless options to customise and personalise their vehicles. Based on the product type, the market is segmented into various accessory types including body kits (front and rear bumper kits, spoilers, lip kits, front grilles, tuning hoods, etc.), exhaust mufflers, lights, alloy wheels, chrome accessories, window films, graphic stickers and reflectors, racks, and others (crash guards, side beading, window door visors, licence plate frames, exterior covers, side mirror covers, etc.). Among them, the body kit segment is leading the market in 2022. The increasing consumer preference for an entertaining driving experience, combined with rising vehicle customization among the young population, are considered primary driving factors for market growth during the forecast period, i.e., most people nowadays try to distinguish themselves from others. Car owners use their vehicles to express their uniqueness, making them more comfortable and noticeable among other vehicles. Furthermore, the active participation of car enthusiasts and users of premium sports and racing cars in improving the overall performance of the market through aerodynamic kits, bumper tuning, and other means is expected to boost demand in the coming years. Furthermore, normal accidents with spoilers and bumper damage contribute to the market's demand for body kits. With a wide range of options available, car enthusiasts can choose a body kit that matches their style and goals, making it a popular aftermarket accessory for many vehicles. Exterior car accessories are sold in a variety of ways in the United States, depending on the type of accessory and the manufacturer. Many exterior car accessories are sold online, either through manufacturer websites or through third-party retailers like Amazon, eBay, and AutoZone. However, exterior car accessories are also sold through brick-and-mortar retailers, such as auto parts stores, car dealerships, and big-box retailers like Walmart and Target. Some manufacturers of exterior car accessories sell their products directly to consumers, either through their own websites or through company-owned retail stores. Many auto body and custom shops also sell exterior car accessories, often specializing in certain types of accessories or brands. These shops may also offer installation services for the products they sell. On the other hand, some exterior car accessories are sold by mobile retailers, who travel to car shows, races, and other automotive events to sell products on-site. Based on the distribution channels, the aftermarket segment is leading the market in 2022 and is expected to dominate the market by the end of the forecast period as well. In the United States, there is a trend towards exterior car accessories designed specifically for racing cars because they have very different performance requirements than standard road cars. Racing cars are designed to be as light, aerodynamic, and fast as possible while also providing the highest levels of handling and performance. The exterior car accessories for racing cars are designed to help achieve these goals. For example, spoilers and wings are designed to provide additional down force and improve stability at high speeds, which is essential for maintaining control on the track. Racing wheels and tyres are designed to provide better grip and handling, which is essential for achieving faster lap times. Body kits are designed to improve the aerodynamics of the car by reducing drag and improving airflow over the vehicle. Racing stripes and decals can also be used to improve the aerodynamics of the car by reducing turbulence around key design elements. In addition to performance improvements, exterior car accessories for racing cars are also designed to improve safety on the track. Roll cages are essential for protecting the driver in the event of a crash or rollover, while other safety features like fire extinguishers and seat harnesses can also be added as external accessories. Overall, racing cars require a very different set of exterior car accessories than standard road cars because they have unique performance requirements and safety concerns. These accessories are designed to optimise performance, improve handling and safety, and help racing teams achieve faster lap times and better results on the track. APR Performance, HRE Performance Wheels, Brembo, K&N Engineering, TSW Alloy Wheels, and Eibach are some of the companies that manufacture exterior car accessories for racing cars in the United States. Considered in this report • Geography: United States • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • United States Exterior Car Accessories market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Accessories Type: • Body Kits (Front and Rear Bumper Kits, Spoilers, Lip Kit, Front Grille, Tuning Hoods, etc) • Exhaust Muffler • Lights • Alloy Wheels • Chrome Accessories • Window Films • Graphic Stickers & Reflectors • Racks • Others (Crash Guards, Side Beading, Window Door Visors, License Plate Frames, Exterior Covers, Side Mirror Covers, etc) By Distribution Channel: • OEM • Aftermarket The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Exterior Car Accessories industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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