What is Global Automotive Sports Appearance Kit Market?
The Global Automotive Sports Appearance Kit Market is a dynamic and rapidly evolving sector that has gained significant traction in recent years. This market revolves around the production and distribution of kits designed to enhance the aesthetic appeal of automobiles, particularly sports cars. These kits typically include components such as front aprons, side skirts, rear aprons, spoilers, and other accessories that contribute to the overall sporty look of the vehicle. The market's value was estimated at US$ 5103 million in 2023, and it is projected to reach a staggering US$ 8572.6 million by 2030. This growth trajectory, which represents a Compound Annual Growth Rate (CAGR) of 7.6% from 2024 to 2030, underscores the increasing demand for these kits among car enthusiasts globally.
Front Apron, Side Skirts, Rear Apron, Spoiler, Others in the Global Automotive Sports Appearance Kit Market:
The Global Automotive Sports Appearance Kit Market is segmented into various product types, including front aprons, side skirts, rear aprons, spoilers, and others. Front aprons are the most popular product in this market, accounting for over 25% of the total market share. These components, which are installed at the front of the vehicle, not only enhance the car's aesthetic appeal but also improve its aerodynamic performance. Side skirts, which are fitted along the sides of the vehicle, serve a similar purpose. Rear aprons and spoilers, on the other hand, are primarily used to modify the vehicle's rear end, giving it a more aggressive and sporty look. Other products in this market include hood scoops, fender flares, and body side moldings, among others. Each of these components plays a crucial role in enhancing the vehicle's appearance, making it more appealing to sports car enthusiasts.
OEM, Aftermarket in the Global Automotive Sports Appearance Kit Market:
The Global Automotive Sports Appearance Kit Market caters to two primary sectors: Original Equipment Manufacturers (OEMs) and the aftermarket. OEMs are companies that manufacture and supply parts and components that are installed in vehicles during their production. These companies often collaborate with car manufacturers to design and produce sports appearance kits that are tailored to specific car models. The aftermarket, on the other hand, comprises companies that manufacture and sell parts and accessories for vehicles after they have been sold to consumers. These companies offer a wide range of sports appearance kits that car owners can purchase to customize their vehicles according to their preferences. Both these sectors play a crucial role in driving the growth of the Global Automotive Sports Appearance Kit Market.
Global Automotive Sports Appearance Kit Market Outlook:
Looking at the market outlook, the Global Automotive Sports Appearance Kit Market has shown promising growth. In 2023, the market was valued at US$ 5103 million. Fast forward to 2030, and it's projected to almost double, reaching an impressive US$ 8572.6 million. This growth represents a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period from 2024 to 2030. It's also worth noting that the global top three manufacturers hold a share of over 35%. In terms of product types, front aprons lead the pack, accounting for over 25% of the market share. This data paints a picture of a thriving market with plenty of opportunities for both manufacturers and consumers.
| Report Metric | Details |
| Report Name | Automotive Sports Appearance Kit Market |
| Accounted market size in 2023 | US$ 5103 million |
| Forecasted market size in 2030 | US$ 8572.6 million |
| CAGR | 7.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | BMW, Mercedes-Benz, Volkswagen, Toyota, Ranault, Hyundai, Ford, Chevrolet, SUBARU, Mopar, Autech, Mansory, Hamann Motorsport, Mugen, Novitec Group |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
