Automotive Mobile Accessories Market: Emerging Economies Expected to Influence Growth until 2022

Posted on 2018-10-31 by Mark Hub in Automotive // 0 Comments

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Rockville, US, 2018-Oct-31 — /EPR Network/ —Incorporation of technological up-to-date mobile accessories in automobiles is slated to be heavily influenced by spate of unstoppable innovation in the automotive industry. The call for seamless cross-connectivity has further added impetus to the prosperity of automotive mobile accessories market. Rising need for customization and personalization has further added to the surging demand for automotive mobile accessories, thereby driving automotive mobile accessories market. In the coming years, the automotive mobile accessories market is foreseen to witness striking collaborations between OEMs and mobile accessory manufacturers. These collaborations would furnish the raising requirements of ‘in-built’ features raised by customers, thereby diversifying the growth of automotive mobile accessories market.

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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.

With proliferation of smartphones, phone holders have emerged as one of the immensely popular type in the automotive mobile accessories market. Ever since people started seeking for convenience of accessing mobile phones on the go, phone holders have been picking up friction in the automotive mobile accessories market. One of the key reasons slated to spur adoption of phone holders among all other types in automotive mobile accessories market is the ease to monitor GPS navigation. With the rising proportion of cab services making use of GPS navigation, phone holders are foreseen to witness a spike in sales in the automotive mobile accessories market. The increasing demand for magnetic air vent phone holders is observed to be a major trend prevailing in the automotive mobile accessories market.

Also, a bane of smartphones is their battery life, which gets quickly exhausted. The aforementioned challenge of smartphones batteries is pushing the demand for USBs in automotive mobile accessories market. The USB segment is predicted to be an extremely lucrative and remunerative segment of the automotive mobile accessories market.

Automotive Mobile Accessories Market to Benefit from Ravenous Demand for Varieties

The automotive mobile accessories market is subjected to surging complexities observed across the board. The equipment manufacturers in the automotive mobile accessories market are vying to introduce a variety of product offerings, primarily in areas such as core components and body structures. Those derivatives are gaining high traction in the entry level segment of automotive mobile accessories market and this trend is likely to continue over the time in automotive mobile accessories market. Having said that, the advent of too many derivatives are said to have an adverse impact on the growth of automotive mobile accessories market. The growth ambit of automotive mobile accessories market is foreseen to benefit from the insatiable demand for best performance, appealing customizations, and additional features. To gain a stronghold and deal with cost inflation, manufacturers need to identify the ideal segments of automotive mobile accessories market in which their products have the best possibility to make a positive contribution with regard to automotive mobile accessories market.

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Fact.MR has compiled a report on automotive mobile accessories market for the forecast period of 2017 to 2022. This report on automotive mobile accessories market aims to equip the readers with an unmatched, accurate, and unbiased analysis of automotive mobile accessories market. The vendors, suppliers, and participants in the automotive mobile accessories market can leverage on the actionable insights included in the report to intensify their market position. The comprehensive analysis offered in this report of automotive mobile accessories market can also be of great interest to prominent automotive journals and trade magazines pertinent to automotive mobile accessories market.

Market Definition

The vogue of automotive car accessories has gained new heights by virtue of incessant innovations in the automotive industry. Increasing need for cross-connectivity on the go has necessitated functionalities such as attending calls while driving, accessing GPS facilities, and USB cables, thereby driving growth of automotive mobile accessories market.

Additional Questions Answered

Our analysts have left no stone unturned to arm the readers with the best of insights on automotive mobile accessories market. Some additional aspects of the market addressed in the automotive mobile accessories market report are as follows-

Which price range, low, mid, or high, would gather remarkable traction in the automotive mobile accessories market and why?
Which vehicle type would dominate the automotive mobile accessories market in terms of revenue?
Which would be the most lucrative sales channel in the automotive mobile accessories market having a profound contribution to the bottom line?

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.

With rising penetration of smartphones, phone holders have emerged as one of the widely-adopted types in automotive mobile accessories market. On the backdrop of having flawless interaction with mobile phones on the move, phone holders are foreseen to be one of the highly attractive types in automotive mobile accessories market. Phone holders are slated to be of great help for attending phone calls while driving, which is further driving this segment in automotive mobile accessories market. Moreover, phone holder has become an imperative to ensure seamless and hassle-free driving, which further aggrandizes its dominance in automotive mobile accessories market. The phone holder segment is poised to be the largest product type segment in automotive mobile accessories market and is foreseen to value around US$ 16, 067 Mn in 2022.

Another predominant reason pushing adoption of phone holders in the automotive mobile accessories market is GPS navigation. Burgeoning proliferation of cab services making use of GPS navigation are poised to complement its ever-growing demand in the automotive mobile accessories market. The advent of magnetic air vent phone holders is believed to be a major novelty, which is also evolving as a popular product in the automotive mobile accessories market.

Europe is estimated is foreseen to be the dominant region in the automotive mobile accessories market in terms of revenue. In terms of growth rate, the North America automotive mobile accessories market is anticipated to gain new heights with a moderate CAGR. By product type, USB chargers are also anticipated to grow rapidly in automotive mobile accessories market by virtue of rapidly exhausting batteries in smartphones. Moreover, the fad for playing audio or video files while driving is one of the major factors fostering sales of USB cables in automotive mobile accessories market.

Table of Content:

Global Automotive Mobile Accessories Market – Executive Summary
Global Automotive Mobile Accessories Market Overview
2.1. Introduction
2.1.1. Global Automotive Mobile Accessories Market Taxonomy
2.1.2. Global Automotive Mobile Accessories Market Definition
2.2. Global Automotive Mobile Accessories Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Mobile Accessories Market Y-o-Y Growth
2.3. Global Automotive Mobile Accessories Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
2.10. Competitive Assessment and Technology Trends in Future
Global Automotive Mobile Accessories Market Analysis and Forecast By Product Type
3.1. Global Automotive Mobile Accessories Market Size and Forecast By Product Type, 2012-2022
3.1.1. Portable Speakers Automotive Mobile Accessories Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Phone Holder Automotive Mobile Accessories Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. USB Chargers Automotive Mobile Accessories Market Size and Forecast, 2012-2022

Continued……..

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