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Top 3 Trends in the Automotive Wheel Accessories Market
Global Automotive Wheel Accessories Market Growth Rate
The global automotive wheel accessories
market will grow at a CAGR of more than
6% by 2022.
Technavio’s report identifies the top three
trends positively impacting the market
during the forecast period.
Growing sales of automotive components
through online channels
Growing focus of OEMs to include wheel
accessories in electric vehicles
Increase in the demand for fuel-efficient
cars
Trending in The Global Automotive Wheel Accessories Market
Growing focus of OEMs to include wheel accessories in electric vehicles
Increase in the demand for fuel-efficient cars
Several countries such as the US, European countries, Japan, and China had increased their standards for fuel economy.
Sales of electric vehicles increased since 2014. Many factors contribute to the increasing sales of electric vehicles with the most important factor being government initiatives to promote the adoption of electric vehicles.
Competitive Landscape
Concentrated Market
The automotive wheel accessories market is highly fragmented due to the presence of several players. This industry research report provides an in- depth analysis of the competitive environment in the tire accessories market among the leading vendors.
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https://www.technavio.com/report/global-automotive-wheel-accessories-market-analysis- share-2018
Key Analyses in The Global Automotive Wheel Accessories Market Report
Market size and the growth rate of the global automotive wheel accessories market in 2022
Key factors driving the global automotive wheel accessories market
Key market trends impacting the growth of the global automotive wheel accessories market
Major challenges to market growth
Key vendors in the global automotive wheel accessories market
Market opportunities and threats faced by vendors in the global automotive wheel accessories market
Trending factors influencing market shares of the Americas, APAC, and EMEA
Key outcomes of the five forces analysis of the global automotive wheel accessories market
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