PUBLISHER: Market Research Future | PRODUCT CODE: 1642431
PUBLISHER: Market Research Future | PRODUCT CODE: 1642431
Global SUV and Truck Exterior and Outdoor Accessories Market Research Report: By Product Type (Exterior Accessories {Nudge Bars, Side Steps, Front/Rear Guard, Cargo Barrier and Dividers, Pet Guards and Others} and Outdoor Accessories {Roof Rack, Bike Rack, Roof Box, Ski Rack, Canoe/kayak carriers and Others}), by Application (SUVs and Truck), by Vehicle Propulsion (ICE and Electric), by Sales Channel (OEM and Aftermarket {Online and Offline}) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Forecast Till 2032
In 2023, the market size of SUV and truck exterior and outdoor accessories was estimated to be USD 8,012.4 million. The SUV and Truck Exterior and Outdoor Accessories Market industry is anticipated to experience a compound annual growth rate (CAGR) of 5.6 % from USD 8,437.0 Million in 2024 to USD 13,071.9 million by 2032. The increasing demand for outdoor activities and adventure, as well as the expanding number of consumers who are seeking experiences that reconnect them with nature. Off-roading and overland travel are two factors that are complementing the increasing demand, which in turn encourages the use of specialized accessories that are appropriate for long journeys and rugged terrains.
The new integration of smart technologies has given the exterior and outdoor accessories of SUVs and trucks a much deeper significance, presenting a significant market opportunity. Advanced functionality, increased convenience, and other benefits are among the features that consumers request from their vehicles. Smart Accessories integrate functions into trackable objects, including remote monitoring and GPS tracking, enabling them to be controlled via smartphones. Not only is the driving experience enhanced by innovations such as smart roof racks, automated towing systems, and smart illumination solutions, but also the usability.
Market segment insights
The SUV and Truck Exterior and Outdoor Accessories Market has been segmented into exterior accessories and outdoor accessories based on product type.
The Market has been segmented into Trucks and SUVs based on application.
The Global SUV and truck exterior and outdoor accessories market is segmented into ICE and Electric based on vehicle propulsion.
The market is segmented into OEM and Aftermarket based on the Sales Channel.
Regional Perspectives
The SUV and truck exterior and outdoor accessories market in North America has a larger market share because of the high demand for these products in the United States and Canada with respect to vehicles. In this region, SUVs and trucks are the most frequently purchased vehicle categories for a variety of purposes, including business, recreation, and family. The demand for outdoor accessories, such as cargo carriers, cargo racks, pet guardians, and roof racks, has been significantly increased by the growing popularity of off-road driving, adventure travel, camping, and tailgate events.
Due to the increasing popularity of SUVs as recreational and family vehicles, the market for accessories for SUVs and trucks in Europe is progressively expanding. The following figures of SUV sales in some countries demonstrate that the perception of these countries is that SUVs are all-round vehicles that are suitable for urban use, rural travel, and even lengthy inter-city distances. Roof boxes, ski racks, and bike racks were identified as practical and effective accessories favored by European consumers, as skiing, cycling, and camping are prominent activities in Europe.
The Asia Pacific market is expanding at a rapid pace, with a particular emphasis on the SUV and vehicle accessories market in China and India. The market is primarily driven by Japan and Australia. The sale of SUVs has experienced a surge in demand in China, the country with the largest automotive market, as a growing number of middle-class citizens are interested in vehicles that offer both utility and prestige.
Thule Group, Yakima, Inc., INNORACKS USA, WeatherTech, SportRack, ARB, Rhino Rack Australia Pty Limited, Westin Automotive Products, Inc., RockyMounts, StowAway Cargo Carriers, EGR USA, The RoofBox Company, Smittybilt Inc., MAXTRAX Pty Ltd ATF, CURT Manufacturing LLC., and other players are among the key companies in the SUV and Truck Exterior and Outdoor Accessories Market.