Market Trends:

Today there is the rise in affinity of the people towards customization in Automotive Industry

The latest trend in North America in interior car accessories and aftermarket is Distribution Channel Consolidation along with multi-colour creative car seats covers which are highly preferrerd by the consumers now a days.

The prevailing trend in the Europe will offer lucrative opportunities for the interior car accessories market as major car manufacturer such as PSA, Volkswagen are focused on expanding their production facilities. Also there is higher prevalence of car customization among the consumers in the Spain and the Netherland.

Key Developments

Market key players are involved in merger and acquisition, in order to gain a competitive edge. For instance, in August 2018, Covercraft Industries, LLC acquired Marathon Seat Covers, the premium- quality seat cover provider.

Major market players are focused on partnerships and collaborations, in order to enhance the market presence. For instance, in December 2019, Pioneer corporation Partnered with Nain Inc. , a startup in UI solution business.

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Market Segmentation

Global Storage Area Network (SAN) Market, By Product Type
Dash Kits
Covers
Electronic Accessories
Consoles and Organizers
Sunshades
Communication
Car Cushions & Pillows
Car Mats
Knobs
Central Locking System
Fragrance

Global Storage Area Network (SAN) Market, By Vehicle Type
Passenger Cars
Compact PC
Mid- size PC
Premium PC
Luxury PC
Pickup Trucks

Global Storage Area Network (SAN) Market, By Channel Type
OEM
Aftermarket

Global Storage Area Network (SAN) Market, By Region
North America
Latin America
Europe
Asia Pacific
Middle East and Africa


Related Topics:

AUTOMOTIVE AUXILIARY HEATER MARKET ANALYSIS

Automotive Auxiliary Heater is an add-on heater which is installed in the vehicles to instantly warm the vehicle cabin and to defrost windshield faster. Moreover, these heaters are also used to heat the engine cooling circuits during winters. It is surge in demand for Electric Vehicles across the globe is expected to aid in growth of the Global Automotive Auxiliary Heaters Market.

Read more @ https://www.coherentmarketinsights.com/ongoing-insight/automotive-auxiliary-heater-market-3236

VEHICLE SEALING STRIP MARKET ANALYSIS

Vehicle Sealing strip is a rubber material used to seal the edges of the vehicles doors, windows, sunroofs, and other parts of the vehicle to reduce the noise, vibration and also prevents the outside elements dust, rain and other elements from entering the vehicles while moving at high speed. Furthermore, growing demand for electric vehicles across the globe owing to favorable policies put forward by government of the various economies is expected to drive the growth of the vehicle sealing strips market over the forecasted period

Read more @ https://www.coherentmarketinsights.com/ongoing-insight/vehicle-sealing-strip-market-3245