The global passenger car accessories market enables unlock the potential for the companies which are striving in car accessories market. Continuous up gradation of models along with advanced features in car accessories enables fascinated most of people towards car accessories. The advanced car accessories offers a trendy look to car as well as comfort. The interior accessories such as MP3 players, LED screens, speakers and stereo devices offers entertainment while long journeys. Seat covers are the most popular car accessories. It enriches the car attire, available in different colors and designs. The seat cover offers stylish look as well as protection to seats. Various types of security systems such as central lock, gear lock, GSM security, and power lock are helps to park the car securely. Global passenger car accessories market is anticipated to exhibit a significant CAGR over the forecast period.
Global Car accessories market can be driven by following factors. Regulatory bodies mainly responsible for enforcement of laws. According to National Highway Traffic Safety Administration (NHTSA) of U.S., a used or new regulated motor vehicle parts such as tires, rims, brake hoses, seat belt assemblies, motor cycle helmets, gas container, triangular reflective warning devices etc. should be originally manufactured. These accessories must be replace according to the life span. There is a drastic change in consumer demographics, such as increase in income levels and change in the life style trends enables drive the global passenger car accessories market.
The demand of car accessories market is increasing due to changing the life style of people. Most of the people are inclined towards advanced electronic gadgets such as music systems, video players in their cars. Electronic devices has Play a pivot role in car accessories market. The global passenger car accessories market is expected to account for a double digit growth rate over the forecast period.
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