Global SUV and Truck Exterior and Outdoor Accessories Market Research Report: By Product Type, by Application, by Vehicle Propulsion, by Sales Channel and By Region Forecast Till 2032
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
Market Overview
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.
Major Players
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.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 OVERVIEW
3.2 DATA FLOW
3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
3.5.1 PRIMARY RESEARCH DATA FLOW:
3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
3.8.1 MICROECONOMIC FACTOR ANALYSIS:
3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 GROWING DEMAND FOR ADVENTURE AND OUTDOOR ACTIVITIES
4.2.2 RISING POPULARITY OF OFF-ROADING AND OVERLAND TRAVEL
4.2.3 INCREASING SALES OF SUVS AND TRUCKS
4.3 RESTRAINT
4.3.1 FLUCTUATING RAW MATERIAL PRICES
4.3.2 INTENSIFYING COMPETITION FROM AFTERMARKET MANUFACTURERS
4.4 OPPORTUNITY
4.4.1 EXPANSION INTO EMERGING MARKETS
4.4.2 CUSTOMIZATION AND PERSONALIZATION OF ACCESSORIES
4.4.3 INTEGRATION OF SMART TECHNOLOGY
4.5 MARKET & TECHNOLOGY TRENDS
4.5.1 CUSTOMIZATION AND PERSONALIZATION
4.5.2 ECO-FRIENDLY MATERIALS
4.6 MARKET & TECHNOLOGICAL TRENDS
4.6.1 ECO-FRIENDLY MATERIALS
4.6.2 CUSTOMIZATION AND PERSONALIZATION
4.6.3 TECHNOLOGICAL INTEGRATION
4.7 THE IMPACT OF COVID-19 ON THE SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET
4.7.1 IMPACT ON THE AUTOMOTIVE MARKET
4.7.2 IMPACT ON GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET
4.7.3 IMPACT ON SUPPLY CHAIN OF SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 MATERIALS SOURCING
5.1.2 MANUFACTURERS
5.1.3 DISTRIBUTION
5.1.4 SALES CHANNEL
5.1.5 FINAL CONSUMERS
5.2 PORTER'S FIVE FORCES MODEL
5.2.1 BARGAINING POWER OF SUPPLIERS
5.2.2 BARGAINING POWER OF BUYERS
5.2.3 THREAT OF NEW ENTRANTS
5.2.4 THREAT OF SUBSTITUTES
5.2.5 INTENSITY OF RIVALRY
5.3 REGULATORY OUTLOOK
5.4 PATENT TREND ANALYSIS
5.5 MARKET SWOT ANALYSIS
5.6 MARKET PESTLE ANALYSIS
5.7 CONSUMER BEHAVIOUR ANALYSIS
5.8 PRICING ANALYSIS
6 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY PRODUCT TYPE
6.1 OVERVIEW
6.2 EXTERIOR ACCESSORIES
6.2.1 NUDGE BARS
6.2.2 SIDE STEPS
6.2.3 FRONT/REAR GUARD
6.2.4 CARGO BARRIER AND DIVIDERS
6.2.5 PET GUARDS
6.2.6 OTHER
6.3 OUTDOOR ACCESSORIES
6.3.1 ROOF RACK
6.3.2 BIKE RACK
6.3.3 ROOF BOX
6.3.4 SKI RACK
6.3.5 CANOE/KAYAK CARRIERS
6.3.6 OTHERS
7 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 SUV
7.3 TRUCK
8 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY VEHICLE PROPULSION
8.1 INTRODUCTION
8.2 ICE VEHICLE
8.3 ELECTRIC VEHICLE
9 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY SALES CHANNEL
9.1 INTRODUCTION
9.2 OEM
9.3 AFTERMARKET
9.3.1 ONLINE
9.3.2 OFFLINE
10 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY REGION
10.1 OVERVIEW
10.1.1 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY REGION, 2023 VS 2032 (USD MILLION)
10.1.2 GLOBAL SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES MARKET, BY REGION, 2018-2032 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 ITALY
10.3.5 SPAIN
10.3.6 SWEDEN
10.3.7 TURKEY
10.3.8 REST OF EUROPE
10.4 ASIA-PACIFIC
10.4.1 AUSTRALIA
10.4.2 NEW ZEALAND
10.4.3 CHINA
10.4.4 JAPAN
10.4.5 INDIA
10.4.6 SOUTH KOREA
10.4.7 TAIWAN
10.4.8 REST OF ASIA-PACIFIC
10.5 MIDDLE EAST & AFRICA
10.5.1 SAUDI ARABIA
10.5.2 UAE
10.5.3 QATAR
10.5.4 SOUTH AFRICA
10.5.5 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH & CENTRAL AMERICA
10.6.1 BRAZIL
10.6.2 ARGENTINA
10.6.3 CHILE
10.6.4 REST OF SOUTH & CENTRAL AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 SUV AND TRUCK EXTERIOR AND OUTDOOR ACCESSORIES COMPANIES MARKET SHARE ANALYSIS, (2023) BY VALUE (USD MILLION) & VOLUME (UNITS)
11.3 SUV AND TRUCK EXTERIOR ACCESSORIES COMPANIES MARKET SHARE ANALYSIS, (2023) BY VALUE (USD MILLION) & VOLUME (UNITS)
11.4 SUV AND TRUCK EXTERIOR ACCESSORIES COMPANIES MARKET SHARE ANALYSIS, (2023) BY VALUE (USD MILLION) & VOLUME (UNITS) BY OEM
11.5 SUV AND TRUCK EXTERIOR ACCESSORIES COMPANIES MARKET SHARE ANALYSIS, (2023) BY VALUE (USD MILLION) & VOLUME (UNITS) BY AFTERMARKET
11.6 SUV AND TRUCK OUTDOOR ACCESSORIES COMPANIES MARKET SHARE ANALYSIS, (2023) BY VALUE (USD MILLION) & VOLUME (UNITS)
11.7 COMPETITOR DASHBOARD
11.8 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.8.1 NEW PRODUCT DEVELOPMENT
12 COMPANY PROFILE
12.1 THULE GROUP
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 YAKIMA, INC.
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 INNORACKS USA
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 WEATHERTECH
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 SWOT ANALYSIS
12.4.6 KEY STRATEGIES:
12.5 SPORTRACK
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS
12.5.6 KEY STRATEGIES
12.6 ARB
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 RHINO RACK AUSTRALIA PTY LIMITED
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 WESTIN AUTOMOTIVE PRODUCTS, INC.
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 SWOT ANALYSIS
12.8.6 KEY STRATEGIES
12.9 ROCKYMOUNTS
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 SWOT ANALYSIS
12.9.6 KEY STRATEGIES
12.10 STOWAWAY CARGO CARRIERS.
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 SWOT ANALYSIS
12.10.6 KEY STRATEGIES
12.11 EGR USA
12.11.1 COMPANY OVERVIEW
12.11.2 FINANCIAL OVERVIEW
12.11.3 PRODUCTS OFFERED
12.11.4 KEY DEVELOPMENTS
12.11.5 SWOT ANALYSIS
12.11.6 KEY STRATEGIES
12.12 THE ROOFBOX COMPANY
12.12.1 COMPANY OVERVIEW
12.12.2 FINANCIAL OVERVIEW
12.12.3 PRODUCTS OFFERED
12.12.4 KEY DEVELOPMENTS
12.12.5 SWOT ANALYSIS
12.12.6 KEY STRATEGIES
12.13 SMITTYBILT INC.
12.13.1 COMPANY OVERVIEW
12.13.2 FINANCIAL OVERVIEW
12.13.3 PRODUCTS OFFERED
12.13.4 KEY DEVELOPMENTS
12.13.5 SWOT ANALYSIS
12.13.6 KEY STRATEGIES
12.14 MAXTRAX PTY LTD
12.14.1 COMPANY OVERVIEW
12.14.2 FINANCIAL OVERVIEW
12.14.3 PRODUCTS OFFERED
12.14.4 KEY DEVELOPMENTS
12.14.5 SWOT ANALYSIS
12.14.6 KEY STRATEGIES
12.15 CURT MANUFACTURING LLC.
12.15.1 COMPANY OVERVIEW
12.15.2 FINANCIAL OVERVIEW
12.15.3 PRODUCTS OFFERED
12.15.4 KEY DEVELOPMENTS
12.15.5 SWOT ANALYSIS
12.15.6 KEY STRATEGIES
13 RECOMMENDATIONS & EXPERT INSIGHTS
13.1 EXPANSION STRATEGIES
13.2 PRICING STRATEGIES
13.3 MARKET POSITIONING STRATEGIES
13.4 INVESTMENT STRATEGIES
13.5 OEMS NEEDS AND PAIN POINTS
13.6 TOP PERFORMING MARKET SEGMENTS AND MARKET ENTRY OR EXPANSION EFFORTS